Fact sheet: Cavendish Technology

Fund information
Fund name
Cavendish Technology B Inc
Fund manager company
Cavendish Asset Management
Fund type
OEIC
Fund manager
  • Alison Hydesince 15/05/2009
Fund objective
The objective of the Technology Fund is to achieve long term capital growth.
Benchmark
  • FTSE AW Technology
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
46.5%
1 Year rank in sector
5/7
Sector
UT Technology & Telecommunications
Yield
-
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.
0.85%
Fund size
£48m (£34m 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.
111
Mid price
426.3
Top in this sector
Fund name1 Year
AXA Framlington Gbl Tech48.6%
Neptune Global Technology48.1%
L&G Gbl Technology Idx Trst47.1%
Henderson Global Technology47.1%
Cavendish Technology46.5%
...more in UT Technology & Telecommunications

Performance snapshot

Holdings snapshot

  • No data available.
  • Software29.4%
    Internet21.3%
    Others9.9%
    Hardware9.6%
    Semi Conductors9.6%
  • International Equities97.4%
    Money Market2.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%7.7%10.6%46.5%80%127.3%
Sector1.5%7.6%9.1%42.3%72.5%116.3%
Rank within sector3 / 74 / 71 / 75 / 74 / 63 / 6
Quartile2nd3rd1st3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund11.7%28.4%14%14.1%24.5%
Sector10.4%25.2%8%14%28.3%
Rank within sector3 / 73 / 72 / 64 / 63 / 6
Quartile2nd2nd2nd3rd2nd
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.
-0.14
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.
1.09
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.
1.16
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%.
14.35
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.
3.42
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.
0.37
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.
0.95
Price movement
52 week high430.3
52 week low282.8
Current bid price-
Current offer price-
Current mid price426.3
Region
No data available.
Industry sector
1Software29.4%
2Internet21.3%
3Others9.9%
4Hardware9.6%
5Semi Conductors9.6%
6Communications Equipment8.9%
7Information Technology3.4%
8Technology3.1%
9Money Market2.6%
Asset type
1International Equities97.4%
2Money Market2.6%
Individual holdings
1APPLE INC9.31%
2MICROSOFT CORP8.28%
3FACEBOOK INC6.61%
4ALPHABET INC3.94%
5ALPHABET INC3.93%
6CISCO SYSTEMS INC3.6%
7TENCENT HLDGS LTD2.62%
8ORACLE CORP2.22%
9AMAZON.COM INC2.18%
Management
Fund manager group
Cavendish Asset Management
Fund manager company
Cavendish Asset Management
Fund type
OEIC
Fund objective
The objective of the Technology Fund is to achieve long term capital growth.
Benchmark
  • FTSE AW Technology
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Alison Hyde15/05/2009Alison Hyde has 21 years of industry experience. Joining Cavendish in 1996, she has progressed through the company having worked initially within Fund Operations. Moving into the front office in 2003, Alison took responsibility for the management of a technology focused portfolio. In 2006 she completed the CFA® Program and subsequently was awarded the charter later the same year. She is also a holder of the IMC, STA Diploma and has been awarded the CFTe designation. Alison has managed the Cavendish Technology Fund since launch in 2009.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Cavendish Technology A Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeETX1
Cavendish Technology A Inc
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,500
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price401.1
CurrencyGBX
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeETX0
Cavendish Technology B Acc
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.89%
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeETW9
Cavendish Technology B Inc
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.86%
Bid price-
Offer price-
Mid price426.3
CurrencyGBX
Price updated26/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeETW8
Data provided by

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