Fact sheet: Carvetian Fenix Balanced

Fund information
Fund name
Carvetian Fenix Balanced
Fund manager company
Carvetian Capital Mgt Ltd
Fund type
OEIC
Fund manager
No data available.
Fund objective
To achieve total returns over the long term, through both capital appreciation and income via a diversified portfolio invested mainly in fixed interest, equity securities and collective investment schemes.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
-2.5%
1 Year rank in sector
267/268
Sector
UT Mixed Investment 40%-85% Shares
Yield
1.3%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.22%
Fund size
£38m (£40m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
63
Mid price
155.6
Top in this sector
Fund name1 Year
Orbis Gbl Bal34%
HSBC Wld Seltn Advntr Pfl22.3%
HSBC Gbl Strat Dyn Pfl20.4%
FP MA DRP VIII19.8%
S&W Millbank East River19.6%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK19.9%
    Money Market19.7%
    Not Specified16.6%
    Europe13.4%
    North America9.6%
  • No data available.
  • Global Fixed Interest20.7%
    UK Equities19.9%
    Money Market19.7%
    European Equities13.4%
    North American Equities9.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.3%-1.6%2.8%-2.5%10.8%35.9%
Sector-0.7%-0.3%7.9%9.3%19.4%44.8%
Rank within sector267 / 280214 / 279263 / 276267 / 268230 / 240183 / 207
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0.4%2.5%8.3%16%5.1%
Sector9.5%2.2%5%13.5%9%
Rank within sector264 / 268126 / 25226 / 24276 / 224194 / 207
Quartile4th2nd1st2nd4th
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-2.78
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.17
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.06
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.41
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.64
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-0.41
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.77
Price movement
52 week high161.3
52 week low142.1
Current bid price-
Current offer price-
Current mid price155.6
Region
1UK19.9%
2Money Market19.7%
3Not Specified16.6%
4Europe13.4%
5North America9.6%
6International9.3%
7Emerging Asia6.3%
8Others5.2%
Industry sector
No data available.
Asset type
1Global Fixed Interest20.7%
2UK Equities19.9%
3Money Market19.7%
4European Equities13.4%
5North American Equities9.6%
6Asia Pacific Emerging Equities6.3%
7Others5.2%
8Property3.9%
9Private Equity1.3%
Individual holdings
1RWC ENHANCED INCOME B DIS GBP5.54%
2IP GROUP5.06%
3EPOCH INVESTMENT FUNDS PLC GLOBAL EQ SHAREHLD YLD A GBP INST INC UH4.93%
4T. ROWE PRICE CONTINENTAL EUROPEAN EQUITY I EUR4.89%
5POWERSHARES S&P 500 HIGH DIVIDEND LOW VOLATILITY UCITS ETF USD4.87%
6ALLIED MINDS LTD4.72%
7FUNDSMITH EQUITY I INC4.58%
8BAILLIE GIFFORD JAPANESE SMALLER COMPANIES B INC4.25%
9U ACCESS (IRL) TREND MACRO D USD4.01%
Management
Fund manager group
Carvetian Capital
Fund manager company
Carvetian Capital Mgt Ltd
Fund type
OEIC
Fund objective
To achieve total returns over the long term, through both capital appreciation and income via a diversified portfolio invested mainly in fixed interest, equity securities and collective investment schemes.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Fund manager
No data available.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Carvetian Fenix Balanced
Initial charge1%
Annual charge1.25%
Min single investment£10,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.22%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price155.6
CurrencyGBX
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTT34
Data provided by

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