Fact sheet: Close OLIM UK Equity Income

Fund information
Fund name
Close OLIM UK Equity Income Acc
Fund manager company
Close Brothers AM
Fund type
Unit Trust
Fund managers
  • Andrew Impeysince 16/02/2009
  • Angela Lascellessince 07/01/2002
  • Simon Jaffesince 14/09/2008
Fund objective
The objective of the Trust is to achieve a return based on a combination of income and capital over the long term.
Benchmark
  • FTSE All Share TR
Investment style
None
Investment method
Shares
Quick stats
1 Year return
3.1%
1 Year rank in sector
185/277
Sector
UT UK All Companies
Yield
4.1%
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.
1.11%
Fund size
£13m (£14m 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.
87
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry44%
Schroder Recovery20.2%
UBS UK Opportunities19.9%
Charity Equity18.1%
R&M UK Equity Long Term Recovery17.8%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK97.4%
    Money Market2.6%
  • Consumer Services18%
    Industrials17%
    Financials13%
    Health Care11.3%
    Oil & Gas9.3%
  • UK Equities97.4%
    Money Market2.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%-2.2%2.9%3.1%11.6%62.9%
Sector-0.5%0.5%7.6%6.1%14%60.7%
Rank within sector161 / 284201 / 283224 / 280185 / 277180 / 263122 / 250
Quartile3rd3rd4th3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund3.4%7%-1.4%25%20%
Sector7%3.7%0.6%25.7%14.8%
Rank within sector188 / 27897 / 269218 / 264145 / 25755 / 251
Quartile3rd2nd4th3rd1st
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.
-0.52
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
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.
0.09
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%.
9.93
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.
2.83
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.
-0.19
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.
0.92
Price movement
52 week high307
52 week low249.8
Current bid price-
Current offer price-
Current mid price287.9
Region
1UK97.4%
2Money Market2.6%
Industry sector
1Consumer Services18%
2Industrials17%
3Financials13%
4Health Care11.3%
5Oil & Gas9.3%
6Consumer Goods8.5%
7Telecommunications7.5%
8Basic Materials6.7%
9Utilities6.1%
Asset type
1UK Equities97.4%
2Money Market2.6%
Individual holdings
1DECHRA PHARMACEUTICALS PLC6.2%
2UNILEVER5.4%
3GLAXOSMITHKLINE5.3%
4BP4.8%
5VODAFONE GROUP4.5%
6SPECTRIS PLC4.1%
7HALMA PLC3.9%
8ROYAL DUTCH SHELL3.8%
9BEAZLEY PLC3.5%
Management
Fund manager group
Close Brothers AM
Fund manager company
Close Brothers AM
Fund type
Unit Trust
Fund objective
The objective of the Trust is to achieve a return based on a combination of income and capital over the long term.
Benchmark
  • FTSE All Share TR
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Andrew Impey16/02/2009Andrew is responsible for managing both equity and balanced portfolios at OLIM. He has over twenty years experience as a fund manager and has managed a broad range of funds. Prior to joining OLIM in 2009, Andrew was Chief Investment Officer at Singer & Friedlander Investment Management. In addition to his CIO responsibilities, Andrew managed the charity portfolios. Earlier in his career Andrew worked at Dresdner RCM, River and Mercantile Investment Management and Strauss Turnbull & Co specialising in UK small and mid cap equities
Angela Lascelles07/01/2002Angela Lascelles co-founded OLIM in 1986. She has been professionally engaged in investment since graduating in philosophy from London University. She has worked for both the Associated British Foods and Courtaulds Pension Funds. At the latter she managed the UK and Overseas bond portfolios and a major part of the UK equity portfolio. Since the formation of OLIM she has focussed on managing equity portfolios. She is also responsible for our bond holdings
Simon Jaffe14/09/2008Simon manages both equity and balanced portfolios at OLIM. He began his investment career as an equity analyst in 1995 before becoming a fund manager in 1998. He spent six years at F&C where he managed a range of UK and pan-European portfolios for institutional clients. Immediately before joining OLIM, Simon co-managed the £4bn UK value fund at Morley. Simon holds a BSc(Econ.) 1st class and an MSc(Econ.) both from the LSE as well as an MSc in Finance with a Distinction from the LBS. He holds the IIMR qualification and is a member of the CFA Institute
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Close OLIM UK Equity Income Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price287.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDU49
Close OLIM UK Equity Income Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.11%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price160.2
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDU50
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.