Fact sheet: Cullen US Enhanced Eq Inc

Fund information
Fund name
Cullen US Enhanced Equity Income A USD
Fund manager company
Cullen Capital Management
Fund type
OEIC
Fund managers
  • Jennifer Changsince 02/09/2013
  • Jim Cullensince 02/09/2013
  • Tim Cordlesince 02/09/2013
  • Michael Kellysince 01/01/2016
Fund objective
The investment objective of the Cullen US Enhanced Equity Income Fund is to seek long term capital appreciation and current income by investing in dividend-paying securities and writing selective covered calls.
Benchmark
  • S&P 500
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
7.1%
1 Year rank in sector
93/207
Sector
FO Equity - USA
Yield
-
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%
Fund size
£0m
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.
95
Top in this sector
Fund name1 Year
Dodge & Cox US Stk41.8%
Wells Fargo WW US SelEqt37.6%
Hermes US SMID Equity37.4%
Oyster US Selection37%
GAM Star Gamco US Eq35.9%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA73.3%
    UK8.1%
    Switzerland6.1%
    Germany3.5%
    Netherlands2.8%
  • Media11.7%
    Health & Household11.4%
    Oil & Gas9.4%
    Banks8.8%
    Electronic & Electrical Equipment8%
  • US Equities70.2%
    UK Equities8.1%
    Swiss Equities6.1%
    German Equities3.5%
    Property Shares3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%-1%2.4%7.1%14.8%-
Sector6.5%2.3%5.6%5.5%20%69.2%
Rank within sector161 / 219179 / 218163 / 21393 / 207129 / 176-
Quartile3rd4th4th2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8%-2%6.3%--
Sector7.5%-1.6%10.7%31.8%10.2%
Rank within sector108 / 209125 / 192149 / 177--
Quartile3rd3rd4th
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.
0.16
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.
0.71
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%.
9.6
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.
6.58
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.
-0.24
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.
0.66
Price movement
52 week high12.33
52 week low10.35
Current bid price-
Current offer price-
Current mid price12.19
Region
1USA73.3%
2UK8.1%
3Switzerland6.11%
4Germany3.48%
5Netherlands2.78%
6Canada2.54%
7Ireland2.51%
8Money Market1.18%
Industry sector
1Media11.71%
2Health & Household11.4%
3Oil & Gas9.42%
4Banks8.77%
5Electronic & Electrical Equipment8.05%
6Conglomerates6.44%
7Food, Beverages and Tobacco5.74%
8Insurance5.43%
9Consumer Goods5.29%
Asset type
1US Equities70.22%
2UK Equities8.1%
3Swiss Equities6.11%
4German Equities3.48%
5Property Shares3.17%
6Dutch Equities2.78%
7Canadian Equities2.54%
8Irish Equities2.51%
9Money Market1.18%
Individual holdings
1VERIZON COMMUNICATIONS INC3.77%
2AT&T INC3.49%
3SIEMENS AG3.48%
4GLAXOSMITHKLINE3.32%
5JOHNSON & JOHNSON3.32%
6WELLTOWER INC3.17%
7WELLS FARGO & CO3.15%
8CHUBB LTD3.12%
9EXXON MOBIL CORP3.12%
Management
Fund manager group
Cullen Capital Management
Fund manager company
Cullen Capital Management
Fund type
OEIC
Fund objective
The investment objective of the Cullen US Enhanced Equity Income Fund is to seek long term capital appreciation and current income by investing in dividend-paying securities and writing selective covered calls.
Benchmark
  • S&P 500
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Jennifer Chang02/09/2013Jennifer Chang is a Portfolio Manager focusing on the High Dividend and Value Equity strategies. Prior to joining Schafer Cullen Capital Management and Cullen Capital Management in 2006, Mrs. Chang was an Investment Analyst at PNC Advisors and an Associate Consultant at Bain & Company. She received her MBA from the Wharton School of Business in 2004 and her B.S. from Rice University in 1999.
Jim Cullen02/09/2013Mr. Cullen is the President, Portfolio Manager and founder of Cullen Capital Management, which he founded in 2000, and Schafer Cullen Capital Management, a registered investment advisor specializing in value investing, which he co-founded in 1983. Mr. Cullen was a Vice President of Donaldson Lufkin & Jenrette from 1978-1982 and prior thereto co-managed the New York Research Group for Rauscher Pierce. Mr. Cullen holds a B.A. in Finance and Economics from Seton Hall University. After graduating from Seton Hall in 1961, Mr. Cullen served for four years as an officer on the aircraft carrier USS Essex. Following military service, Mr. Cullen started his business career with Merrill Lynch and later worked with institutional research boutique Spencer Trask & Company before joining Rauscher Pierce.
Tim Cordle02/09/2013Tim Cordle has been an employee of Schafer Cullen Capital Management since 2012. He currently serves as a Vice President and Portfolio Manager on the High Dividend Options Strategy. Prior to joining Schafer Cullen, Mr. Cordle was a Vice President and Financial Advisor at Scott & Stringfellow since 1993. He additionally spent 10 years in Aerospace planning and communications. Mr. Cordle received his MBA from Averett University and his B.A. from the Virginia Military Institute.
Michael Kelly01/01/2016
Compliance
Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Spain, France, United Kingdom, Ireland, Offshore, Singapore
Cullen US Enhanced Equity Income A USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price12.19
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJOLA
Cullen US Enhanced Equity Income B USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price10.06
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJOLB
Cullen US Enhanced Equity Income C USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price10.85
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKTAH
Cullen US Enhanced Equity Income D USD
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.75%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price9.17
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKTAI
Cullen US Enhanced Equity Income F GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price9.83
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMPPK
Cullen US Enhanced Equity Income F USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price14.35
CurrencyUSD
Price updated02/09/2015
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMPRJ
Cullen US Enhanced Equity Income I EUR
Initial charge5%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price10.4
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNETW
Cullen US Enhanced Equity Income L Hedged EUR
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 price9.79
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNDRK
Cullen US Enhanced Equity Income N1 USD
Initial charge-
Annual charge2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price9.13
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKR0R
Cullen US Enhanced Equity Income N2 USD
Initial charge-
Annual charge2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.25%
Total expense ratio (TER)2.25%
Bid price-
Offer price-
Mid price10.3
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMCKM
Cullen US Enhanced Equity Income P GBP
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price12.41
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK1UT
Cullen US Enhanced Equity Income P GBP USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price14.9
CurrencyUSD
Price updated02/09/2015
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKSNO
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