Fact sheet: Carvetian The New Shoots

Fund information
Fund name
Carvetian The New Shoots
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 and income growth.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
8%
1 Year rank in sector
11/28
Sector
UT UK Equity & Bond Income
Yield
0.6%
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.
1.98%
Fund size
£12m (£11m 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.
47
Mid price
126.8
Top in this sector
Fund name1 Year
First Arrow Diversified20.8%
S&W Millbank Veracruz20.6%
S&W Millbank Brooklyn19.6%
S&W Millbank Blackwall13.4%
Thesis The Ambrose11.5%
...more in UT UK Equity & Bond Income

Performance snapshot

Holdings snapshot

  • International41.1%
    Not Specified13%
    Europe12.5%
    Net Current Assets11.9%
    Asia8.6%
  • Equities63.3%
    Fixed Interest19.6%
    Others10.9%
    Commodity & Energy5%
    Money Market2.3%
  • International Equities25.7%
    Global Fixed Interest15.4%
    Money Market13.9%
    European Equities12.5%
    Others9.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%1%8.6%8%15.8%37.5%
Sector-1.6%-0.4%7.4%7.3%17.9%50.2%
Rank within sector15 / 288 / 2911 / 2911 / 2818 / 2523 / 24
Quartile3rd2nd2nd2nd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund8.2%2.6%4.7%7.8%9%
Sector8.2%2.7%5.5%15.5%10.3%
Rank within sector12 / 2815 / 2612 / 2524 / 2415 / 24
Quartile2nd3rd2nd4th3rd
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
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.
1.06
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.
0.29
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%.
6.36
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.
1.98
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.
-0.35
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.
0.9
Price movement
52 week high129.3
52 week low112
Current bid price-
Current offer price-
Current mid price126.8
Region
1International41.08%
2Not Specified13.03%
3Europe12.51%
4Net Current Assets11.9%
5Asia8.63%
6North America6.43%
7Global Emerging Markets2.53%
8Money Market1.99%
9UK1.9%
Industry sector
1Equities63.32%
2Fixed Interest19.64%
3Others10.91%
4Commodity & Energy4.99%
5Money Market2.26%
6Futures-1.12%
Asset type
1International Equities25.68%
2Global Fixed Interest15.4%
3Money Market13.89%
4European Equities12.51%
5Others9.61%
6Asia Pacific Equities8.63%
7North American Equities6.43%
8Commodity & Energy4.4%
9Global Emerging Market Equities2.53%
Individual holdings
1CANTILLON FUNDS GBL EQUITY FD CLS`R`SHS SER`2`GBP8.69%
2LINDSELL TRAIN GLOBAL EQUITY B GBP7.43%
3BBH LUXEMBOURG FUNDS CORE SELECT FUND-R (I) USD6.48%
4BLUEBAY-HI YD COR-QGBPAIDIV5.37%
5COMGEST GROWTH4.88%
6ETFS GOLD BULLION SECURITIES USD4.36%
7ETFS GOLD BULLION SECURITIES USD4.36%
8BLACKROCK EUROPEAN DYNAMIC D ACC3.86%
9CF MORANT WRIGHT JAPAN B INC3.66%
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 and income growth.
Benchmark
  • No Specified Index
Investment style
Flexible
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 The New Shoots
Initial charge5%
Annual charge1.25%
Min single investment£100,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price126.8
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNFF8
Data provided by

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