Fact sheet: Cavendish Worldwide

Fund information
Fund name
Cavendish Worldwide B
Fund manager company
Cavendish Asset Management
Fund type
OEIC
Fund managers
  • Julian Lewissince 05/07/1994
Fund objective
The fund objective is to achieve long term capital growth.
Benchmark
  • FTSE World
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
18.9%
1 Year rank in sector
23/223
Sector
UT Flexible Investment
Yield
0.8%
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.
0.85%
Fund size
£123m (£106m 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.
99
Mid price
352.2
Top in this sector
Fund name1 Year
M&G Managed Growth31.6%
CF IM Global Strategy25.2%
Margetts Venture Strategy23.7%
Invesco Perp Managed Growth23.3%
Architas Birthstar TD 2036 4023.2%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • USA26.2%
    UK17.4%
    Others15.7%
    Money Market10.7%
    China8.4%
  • Consumer Discretionary24.5%
    Financials16.5%
    Money Market10.7%
    Health Care9.6%
    Industrials9.5%
  • US Equities26.2%
    UK Equities17.4%
    International Equities15.7%
    Money Market10.7%
    Chinese Equities8.4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%1.9%16%18.9%26.9%62.4%
Sector-0.2%0.7%8.7%10.1%19.4%45.9%
Rank within sector84 / 25276 / 24612 / 24623 / 22349 / 18639 / 158
Quartile2nd2nd1st1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund17.4%1.6%5.7%15.8%13.1%
Sector9.9%2%4.9%14.1%9.7%
Rank within sector32 / 232125 / 20988 / 18881 / 17729 / 160
Quartile1st3rd2nd2nd1st
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.
-0.51
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.
1.32
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.
0.37
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%.
10.76
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.
4.17
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.
0.3
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 high365.8
52 week low264.1
Current bid price-
Current offer price-
Current mid price352.2
Region
1USA26.2%
2UK17.4%
3Others15.7%
4Money Market10.7%
5China8.4%
6India4.8%
7Taiwan4.6%
8Japan4.3%
9France4.1%
Industry sector
1Consumer Discretionary24.5%
2Financials16.5%
3Money Market10.7%
4Health Care9.6%
5Industrials9.5%
6Technology7.8%
7Materials5.7%
8Communications5.5%
9Energy5.3%
Asset type
1US Equities26.2%
2UK Equities17.4%
3International Equities15.7%
4Money Market10.7%
5Chinese Equities8.4%
6Indian Equities4.8%
7Taiwanese Equities4.6%
8Japanese Equities4.3%
9French Equities4.1%
Individual holdings
1ULTA SALON COSMETICS&FRAGRANCE INC1.8%
2LARGEN PRECISION1.5%
3MAXIMUS INC1.4%
4TENCENT HLDGS LTD1.4%
5RUTH`S HOSPITALITY GROUP INC1.2%
6TAIWAN SEMICONDUCTOR CO1.2%
7ACADIA HEALTHCARE CO INC1.1%
8REPCO HOME FINANCE LTD1.1%
9REPCO HOME FINANCE LTD1.1%
Management
Fund manager group
Cavendish Asset Management
Fund manager company
Cavendish Asset Management
Fund type
OEIC
Fund objective
The fund objective is to achieve long term capital growth.
Benchmark
  • FTSE World
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Julian Lewis05/07/1994Julian Lewis is Chief Investment Officer of Cavendish. He has significant experience in investment management, both in the UK and worldwide, as well as specific sector experience in the property, hotel and leisure industries. Julian qualified as an accountant after taking a first class degree in management science from Warwick University. In addition to Cavendish, he has run various other businesses including property and hotels. Julian is the manager of the Cavendish Worldwide and UK Balanced Income funds since inception and manager of the Cavendish North American Fund since 28th October 2016.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Cavendish Worldwide A
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 price352.1
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC383
Cavendish Worldwide B
Initial charge5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price352.2
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC121
Cavendish Worldwide C Acc
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price365.7
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ86T
Data provided by

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