Fact sheet: Carvetian Lundy

Fund information
Fund name
Carvetian Lundy
Fund manager company
Carvetian Capital Mgt Ltd
Fund type
OEIC
Fund manager
No data available.
Fund objective
To preserve and grow capital primarily by investing globally in securities, bonds, collective investment schemes (regulated or unregulated), warrants, money market instruments, cash and deposits. Please be aware that there is no guarantee that capital will be preserved. The Company may also invest in gold.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
6.2%
1 Year rank in sector
113/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
0.4%
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.
1.09%
Fund size
£38m (£36m 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.
39
Mid price
1381
Top in this sector
Fund name1 Year
S&W The Magpie18.8%
AXA Global Distribution16.6%
S&W Wessex15.2%
Investec Caut Mgd14.6%
HSBC Open Global Return14.4%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-0.5%6.5%6.2%15.4%40.5%
Sector-1.8%-0.8%5.8%6.4%14.6%34.7%
Rank within sector34 / 21489 / 21382 / 210113 / 20494 / 17362 / 144
Quartile1st2nd2nd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.5%0.8%6.3%12.9%8.1%
Sector7.3%1.2%5%9%8%
Rank within sector104 / 204126 / 19060 / 17531 / 16196 / 145
Quartile3rd3rd2nd1st3rd
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.
-0.28
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.
0.92
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.
0.24
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%.
5.9
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.
2.47
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.
-0.29
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.
0.83
Price movement
52 week high1400
52 week low1233
Current bid price-
Current offer price-
Current mid price1381
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1ISHARES III PLC UK GILTS 0-5YR ETF GBP DIST9.25%
2ISHARES III PLC UK GILTS 0-5YR ETF GBP DIST9.25%
3RUFFER FIXED INCOME Z INC5.37%
4TREASURY 1.25% IDX-LKD GILT 22/11/55 GBP0.013.74%
5UNITED STATES OF AMER TREAS NOTES 1.625% BDS 15/01/18 USD10003.14%
6GS GLOBAL HIGH YIELD PORTFOLIO OTHER CURRENCY GBP HEDGED2.79%
7TREASURY 1.75% GILT 07/09/22 GBP0.012.73%
8BLUEBAY FUNDS MANAGEMENT CO SA GLOBAL HIGH YIELD BOND FD DGB D2.69%
9TREASURY 1.875% IDX LKD GILT 22/11/22 GBP2.55%
Management
Fund manager group
Carvetian Capital
Fund manager company
Carvetian Capital Mgt Ltd
Fund type
OEIC
Fund objective
To preserve and grow capital primarily by investing globally in securities, bonds, collective investment schemes (regulated or unregulated), warrants, money market instruments, cash and deposits. Please be aware that there is no guarantee that capital will be preserved. The Company may also invest in gold.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Fund manager
No data available.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Carvetian Lundy
Initial charge5%
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price1381
CurrencyGBX
Price updated29/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeHXS5
Data provided by

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