Fact sheet: Carvetian Merrijig

Fund information
Fund name
Carvetian Merrijig Inc
Fund manager company
Carvetian Capital Mgt Ltd
Fund type
OEIC
Fund manager
No data available.
Fund objective
The investment objective of the Company is to provide income and capital returns over the medium term.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Quick stats
1 Year return
13.8%
1 Year rank in sector
175/249
Sector
UT Global
Yield
1.8%
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.
1.28%
Fund size
£39m (£35m 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.
48
Mid price
139.5
Top in this sector
Fund name1 Year
First State Gbl Resrcs60.8%
UBS FTSE RAFI Devlpd 1000 Idx38.3%
Orbis Gbl Eq37.7%
NFU Mutual Global Growth33.5%
Natixis HarsAsGblConcntdEq32.6%
...more in UT Global

Performance snapshot

Holdings snapshot

  • UK34%
    Not Specified22.2%
    International17.6%
    North America12.5%
    Europe ex UK7.2%
  • No data available.
  • International Equities39.8%
    UK Equities34%
    North American Equities12.5%
    Europe ex UK Equities7.2%
    Global Emerging Market Equities2.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%2.2%11.7%13.8%23.6%45.4%
Sector-2.3%2.7%14.3%16.4%29.1%69.3%
Rank within sector135 / 265147 / 264189 / 258175 / 249168 / 226187 / 203
Quartile3rd3rd3rd3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund13.2%5.6%3.4%9.4%7.4%
Sector16.4%3.4%6.7%19.7%9.9%
Rank within sector179 / 25286 / 242197 / 228206 / 216168 / 203
Quartile3rd2nd4th4th4th
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.
1.4
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.
1.03
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.
0.63
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%.
6.69
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.
3.19
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.
0.47
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 high142.5
52 week low119.4
Current bid price-
Current offer price-
Current mid price139.5
Region
1UK33.95%
2Not Specified22.15%
3International17.6%
4North America12.53%
5Europe ex UK7.16%
6Global Emerging Markets2.5%
7Asia Pacific ex Japan1.83%
8Money Market1.53%
9Japan0.75%
Industry sector
No data available.
Asset type
1International Equities39.75%
2UK Equities33.95%
3North American Equities12.53%
4Europe ex UK Equities7.16%
5Global Emerging Market Equities2.5%
6Asia Pacific ex Japan Equities1.83%
7Money Market1.53%
8Japanese Equities0.75%
Individual holdings
1FINDLAY PARK AMERICAN USD5.48%
2TREASURY 0.125% IDX GILT 22/03/24 GBP0.015.41%
3TROJAN O INC4.6%
4SCHRODER EUROPEAN ALPHA INCOME Z INC4.45%
5SCHRODER STRATEGIC CREDIT C INC4.32%
6CG DOLLAR3.76%
7TOTAL RETURN INST INC3.47%
8ISHARES PHYSICAL GOLD ETC GBP3.21%
9ISHARES PHYSICAL GOLD ETC GBP3.21%
Management
Fund manager group
Carvetian Capital
Fund manager company
Carvetian Capital Mgt Ltd
Fund type
OEIC
Fund objective
The investment objective of the Company is to provide income and capital returns over the medium term.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Fund manager
No data available.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Carvetian Merrijig Inc
Initial charge5%
Annual charge1.25%
Min single investment£100,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)0.67%
Bid price-
Offer price-
Mid price139.5
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeLCS4
Data provided by

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