Fact sheet: Cavendish UK Select

Fund information
Fund name
Cavendish UK Select B Inc
Fund manager company
Cavendish Asset Management
Fund type
OEIC
Fund manager
  • Paul Mumfordsince 16/05/2010
Fund objective
The objective of the UK Select Fund is to achieve long-term capital growth.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
12.1%
1 Year rank in sector
114/277
Sector
UT UK All Companies
Yield
1.9%
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.
0.82%
Fund size
£77m (£75m 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.
104
Mid price
157.9
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry52.3%
UBS UK Opportunities31.1%
Schroder Recovery30.1%
Charity Equity28.2%
Schroder Specialist Value UK Equ27.5%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK96.9%
    Money Market3.1%
  • Industrials27.4%
    Consumer Discretionary20.5%
    Financials15.6%
    Energy11.9%
    Materials10.1%
  • UK Equities96.9%
    Money Market3.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund6.9%4%8.6%12.1%8.6%71.3%
Sector2.4%0.3%7.9%9.5%17%61.6%
Rank within sector6 / 28533 / 283132 / 281114 / 277247 / 263100 / 251
Quartile1st1st2nd2nd4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.7%-3.8%-3%28.7%30.4%
Sector8.2%3.7%0.6%25.7%14.8%
Rank within sector96 / 278255 / 269237 / 26498 / 25712 / 251
Quartile2nd4th4th2nd1st
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.
-3.38
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.
0.97
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
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%.
10.94
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.
5.9
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.
-0.62
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.
0.71
Price movement
52 week high158.9
52 week low127.1
Current bid price-
Current offer price-
Current mid price157.9
Region
1UK96.9%
2Money Market3.1%
Industry sector
1Industrials27.4%
2Consumer Discretionary20.5%
3Financials15.6%
4Energy11.9%
5Materials10.1%
6Consumer Staples6.5%
7Money Market3.1%
8Health Care2.7%
9Technology2.2%
Asset type
1UK Equities96.9%
2Money Market3.1%
Individual holdings
1ITHACA ENERGY INC3.7%
2RENISHAW PLC3%
3MORRISON(WM.)SUPERMARKETS2.9%
4CAIRN ENERGY PLC2.8%
5GRAINGER PLC2.8%
6BTG PLC2.7%
7DAEJAN HLDGS2.6%
8HALMA2.5%
9KIER GROUP2.4%
Management
Fund manager group
Cavendish Asset Management
Fund manager company
Cavendish Asset Management
Fund type
OEIC
Fund objective
The objective of the UK Select Fund is to achieve long-term capital growth.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Paul Mumford16/05/2010Paul Mumford has extensive investment experience. Having worked as an Analyst for Norris Oakley Brothers and later as a smaller-companies expert at R Nivison, he moved across to fund management in 1988 when he joined Glenfriars. Paul joined Cavendish at the group's formation in 1994. He is manager of the Cavendish Opportunities, AIM and UK Select funds.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Cavendish UK Select A Acc
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,500
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.71%
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeITS9
Cavendish UK Select A Inc
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,500
Available in ISAYes
Ongoing charge (OCF)0.82%
Total expense ratio (TER)1.63%
Bid price-
Offer price-
Mid price157.8
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeITT0
Cavendish UK Select B Acc
Initial charge5%
Annual charge0.75%
Min single investment£125,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeITT1
Cavendish UK Select B Inc
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price157.9
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeITT2
Data provided by

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