Fact sheet: Columbia Thrdnedle UK Sel Tst

Fund information
Fund name
Columbia Threadneedle UK Select Trust
Fund manager company
Columbia Threadneedle Investme
Fund type
Investment Trust
Fund managers
  • Chris Kindersince 31/08/2014
Fund objective
The Threadneedle UK Select Trust Limited’s (the “Company”) investment objective is to provide shareholders with a total return in excess of the total return on the FTSE All-Share Index, together with a progressive dividend policy. The Company’s Investment Policy is to invest in any security listed or quoted on any UK stock exchange provided that no less than 80 per cent of its gross assets at the time an investment is made are invested in constituents of the FTSE All-Share index. There are no minimum or maximum limits on the number of investments in the portfolio but it is expected that the portfolio will generally comprise shares and securities in 50 to 90 companies. The Company intends to be fully invested in normal market conditions but may hold up to 20 per cent of net asset value in cash on deposit (or in short-term money market instruments) during periods in which the Investment Manager believes markets are overvalued or expects them to fall. Gearing is used selectively in order to leverage the Company’s portfolio to enhance returns where the Investment Manager considers it appropriate to do so. The Board has set a gearing limit for the Company of a maximum of 20 per cent of net assets at the time of draw down. However, in normal market conditions, borrowings are not expected to exceed 10 per cent.Subject to the Board giving its prior approval, the Investment Manager is permitted to invest in options and other derivatives for the purposes of efficient portfolio management only.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.7%
1 Year rank in sector
6/17
Sector
IT UK All Companies
Yield
2.6%
Fund size
£39m
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.
59
Mid price
174.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
196.72
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-11.30
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
107
Top in this sector
Fund name1 Year
Manchester & London IT plc15.5%
Fidelity Special Values PLC11.9%
Aurora Investment Trust plc10.6%
Crystal Amber9.7%
Abrden UK Tkr Tst plc9.7%
...more in IT UK All Companies

Performance snapshot

Holdings snapshot

  • UK102.5%
    Money Market-2.5%
  • Consumer Goods23.1%
    Consumer Services17.1%
    Others17.1%
    Health Care17%
    Financials9.7%
  • UK Equities102.5%
    Money Market-2.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-0.6%7.3%7.7%6.6%67.1%
Sector1.1%-0.7%3.4%0.2%9.7%68.9%
Rank within sector13 / 178 / 175 / 176 / 1710 / 159 / 15
Quartile4th2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund7.7%-0.4%-1.4%25.4%26%
Sector-0.1%9.1%-1.7%31.3%20.3%
Rank within sector6 / 1715 / 168 / 1511 / 159 / 15
Quartile2nd4th3rd3rd3rd
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.
0.54
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.
0.64
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%.
9.1
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.
7.79
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.
-0.08
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.
0.39
Price movement
52 week high176.5
52 week low152
Current bid price171
Current offer price178
Current mid price174.5
Region
1UK102.5%
2Money Market-2.5%
Industry sector
1Consumer Goods23.1%
2Consumer Services17.1%
3Others17.1%
4Health Care17%
5Financials9.7%
6Industrials7.2%
7Basic Materials4.8%
8Technology3.4%
9Oil & Gas3.1%
Asset type
1UK Equities102.5%
2Money Market-2.5%
Individual holdings
1ROYAL DUTCH SHELL4.6%
2IMPERIAL TOBACCO GROUP PLC3.9%
3GLAXOSMITHKLINE PLC3.8%
4ASTRAZENECA PLC3.5%
5BT GROUP3.4%
6RECKITT BENCKISER GROUP PLC3.4%
7UNILEVER3.4%
8PRUDENTIAL PLC3.1%
9BRITISH AMERICAN TOBACCO PLC3%
Management
Fund manager group
No data available.
Fund manager company
Columbia Threadneedle Investme
Fund type
Investment Trust
Fund objective
The Threadneedle UK Select Trust Limited’s (the “Company”) investment objective is to provide shareholders with a total return in excess of the total return on the FTSE All-Share Index, together with a progressive dividend policy. The Company’s Investment Policy is to invest in any security listed or quoted on any UK stock exchange provided that no less than 80 per cent of its gross assets at the time an investment is made are invested in constituents of the FTSE All-Share index. There are no minimum or maximum limits on the number of investments in the portfolio but it is expected that the portfolio will generally comprise shares and securities in 50 to 90 companies. The Company intends to be fully invested in normal market conditions but may hold up to 20 per cent of net asset value in cash on deposit (or in short-term money market instruments) during periods in which the Investment Manager believes markets are overvalued or expects them to fall. Gearing is used selectively in order to leverage the Company’s portfolio to enhance returns where the Investment Manager considers it appropriate to do so. The Board has set a gearing limit for the Company of a maximum of 20 per cent of net assets at the time of draw down. However, in normal market conditions, borrowings are not expected to exceed 10 per cent.Subject to the Board giving its prior approval, the Investment Manager is permitted to invest in options and other derivatives for the purposes of efficient portfolio management only.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Chris Kinder31/08/2014Chris Kinder joined the company as a portfolio manager in the UK equities team in 2010. His main responsibilities are the management of the Threadneedle UK Fund and Threadneedle UK Extended Alpha Fund, the co-management of the Threadneedle UK Absolute Alpha Fund and the co-management of a number of institutional portfolios. He is also responsible for coverage of the aerospace and defence, oil services, mining and banking sectors and for idea generation for the wider UK equity team. Before joining the company Chris was an assistant fund manager at RWC Partners. He has also worked at Govett Investments, gaining experience in smaller companies’ analysis. Chris is a qualified chartered accountant, having worked at PricewaterhouseCoopers for four years before joining the investment management industry. Chris holds a degree in Modern European Languages from Durham University. He also holds the Chartered Financial Analyst designation.
Compliance
AIC Member, Transparent for Swiss Tax
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Offshore
Columbia Threadneedle UK Select Trust
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 price196.71
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJLW
Data provided by

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