Fact sheet: Close Diversified IncPort

Fund information
Fund name
Close Diversified Income Portfolio X Acc
Fund manager company
Close Brothers AM
Fund type
Unit Trust
Fund manager
  • Stephen Haydesince 01/02/2011
Fund objective
The investment objective of the Close Diversified Income Portfolio Fund is to achieve income with capital growth. The Fund aims to have a yield in excess of the FTSE All Share Index.
Benchmark
  • IA Mixed Investment 20%-60% Shares
Investment style
Active,Cautious,Growth
Investment method
None
Quick stats
1 Year return
6.4%
1 Year rank in sector
127/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
3.3%
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.
0.7%
Fund size
£590m (£509m 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.
26
Top in this sector
Fund name1 Year
S&W The Magpie18.8%
AXA Global Distribution17.8%
SVS TPI Balanced 216.3%
S&W Wessex15.2%
HSBC Open Global Return14.7%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • Not Specified72.7%
    UK14.4%
    Money Market5.3%
    Europe ex UK2.9%
    North America2.8%
  • No data available.
  • Global Corporate Fixed Interest51.2%
    Alternative Assets21.5%
    UK Equities14.4%
    Money Market5.3%
    Europe ex UK Equities2.9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-1.6%4.3%6.4%15.1%32.8%
Sector-1.7%-0.6%6.3%7.1%14.8%35.7%
Rank within sector127 / 214160 / 213166 / 210127 / 204104 / 173109 / 144
Quartile3rd4th4th3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund6.1%2.4%5%9.2%4.8%
Sector7.6%1.2%5%9%8%
Rank within sector141 / 20468 / 190102 / 175101 / 161135 / 145
Quartile3rd2nd3rd3rd4th
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.
1.95
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.
0.63
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.
0.46
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%.
3.75
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.
2.64
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.
0.04
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.
0.76
Price movement
52 week high160.8
52 week low142.2
Current bid price-
Current offer price-
Current mid price156
Region
1Not Specified72.67%
2UK14.41%
3Money Market5.26%
4Europe ex UK2.89%
5North America2.78%
6Japan1.06%
7Emerging Asia0.93%
Industry sector
No data available.
Asset type
1Global Corporate Fixed Interest51.18%
2Alternative Assets21.49%
3UK Equities14.41%
4Money Market5.26%
5Europe ex UK Equities2.89%
6North American Equities2.78%
7Japanese Equities1.06%
8Others0.93%
Individual holdings
1ABERDEEN ASSET MANAGEMENT 7% 29/03/20493.87%
2INTERNATIONAL PUBLIC PARTNERSHIP3.25%
3GCP INFRASTRUCTURE INVESTMENTS LTD3.11%
4AMLIN 6.5% FR SUB NTS 19/12/26 GBP500002.73%
5PENNON GROUP PLC 6.75% 08/03/492.48%
6JOHN LAING INFRASTRUCTURE FUND LTD ORD GBP0.00012.34%
7WILLIAM HILL PLC 7.125% GTD NTS 11/11/16 GBP500002.28%
8NGG FINANCE PLC 5.625% 18/06/732.27%
9BBGI SICAV SA2.26%
Management
Fund manager group
Close Brothers AM
Fund manager company
Close Brothers AM
Fund type
Unit Trust
Fund objective
The investment objective of the Close Diversified Income Portfolio Fund is to achieve income with capital growth. The Fund aims to have a yield in excess of the FTSE All Share Index.
Benchmark
  • IA Mixed Investment 20%-60% Shares
Investment style
Active,Cautious,Growth
Investment method
None
Fund manager
NameSinceBiography
Stephen Hayde01/02/2011Stephen Hayde CFA. Stephen graduated from Loughborough University with a First Class Honors degree in Banking and Finance and went on to become a Chartered Financial Analyst (CFA) charterholder. His 14 years experience in financial services, includes 10 years at Close Brothers as an analyst and fund manager, which has culminated in him running the multi-asset Close Diversified Income Portfolio Fund
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Close Diversified Income Portfolio A Acc
Initial charge5%
Annual charge1.1%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.31%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price136.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKUX4
Close Diversified Income Portfolio A Inc
Initial charge5%
Annual charge1.1%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.31%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price114.1
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKUX9
Close Diversified Income Portfolio X Acc
Initial charge-
Annual charge0.6%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price156
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGOXB
Close Diversified Income Portfolio X Inc
Initial charge-
Annual charge0.6%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.65%
Bid price-
Offer price-
Mid price135.5
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGOXA
Close Diversified Income Portfolio Y Acc
Initial charge-
Annual charge0.85%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price166.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0GXQ
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.