Fact sheet: Davy Glbl Eq Inc

Fund information
Fund name
Davy Global Equity Income B Acc EUR
Fund manager company
Davy Asset Management
Fund type
OEIC
Fund manager
  • Mark Seaverssince 18/12/2015
Fund objective
The investment aim of the Global Equity Income Fund is to achieve long term capital growth by predominantly investing in Quality global equities which are expected to provide a higher than average dividend yield coupled with an ability to grow these dividends. The fund targets a dividend yield of 1% greater than the market yield.
Benchmark
  • MSCI High Dividend Yield
Investment style
None
Investment method
Shares
Quick stats
1 Year return
18.7%
1 Year rank in sector
-
Sector
FO Equity - International
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.
1.57%
Fund size
£97m (£97m last year)
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq82.3%
SKAGEN Focus58.3%
Dodge & Cox Gbl Stk57.7%
Schroder ISF Gbl Rec56.5%
Morg Stnly Global Discovery52.3%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • North America56.1%
    UK12%
    Europe11.7%
    Eurozone11.4%
    Japan4.6%
  • Financials19.2%
    Consumer Staples14.7%
    Health Care14.1%
    Industrials13.5%
    Information Technology8%
  • North American Equities56.1%
    UK Equities12%
    European Equities11.7%
    Eurozone Equity 11.4%
    Japanese Equities4.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%8.2%6.1%18.7%35.5%77.7%
Sector1.9%4.8%6.2%18.8%17%56.7%
Rank within sector501 / 51186 / 506----
Quartile4th1st
Calendar performance
 YTD - 20172016201520142013
Fund-0.2%----
Sector2%7.9%0.7%6%21.3%
Rank within sector505 / 509----
Quartile4th
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.
6.5
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.
0.94
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.
0.68
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%.
11.12
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.
6.59
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.
0.91
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.
0.64
Price movement
52 week high179.23
52 week low157.25
Current bid price-
Current offer price-
Current mid price175.8
Region
1North America56.1%
2UK12%
3Europe11.7%
4Eurozone11.4%
5Japan4.6%
6Asia Pacific ex Japan4.2%
Industry sector
1Financials19.2%
2Consumer Staples14.7%
3Health Care14.1%
4Industrials13.5%
5Information Technology8%
6Energy7.9%
7Telecommunications Utilities7.6%
8Materials6.5%
9Consumer Discretionary4.7%
Asset type
1North American Equities56.1%
2UK Equities12%
3European Equities11.7%
4Eurozone Equity 11.4%
5Japanese Equities4.6%
6Asia Pacific ex Japan Equities4.2%
Individual holdings
1MICROSOFT CORP3.4%
2JPMORGAN CHASE & CO3.3%
3JOHNSON & JOHNSON3.1%
4ALTRIA GROUP INC2.9%
5AT&T INC2.9%
6GENERAL ELECTRIC CO.2.9%
7DU PONT(E.I.)DE NEMOURS & CO2.8%
8EXXON MOBIL CORP2.8%
9MERCK & CO INC(NEW)2.8%
Management
Fund manager group
No data available.
Fund manager company
Davy Asset Management
Fund type
OEIC
Fund objective
The investment aim of the Global Equity Income Fund is to achieve long term capital growth by predominantly investing in Quality global equities which are expected to provide a higher than average dividend yield coupled with an ability to grow these dividends. The fund targets a dividend yield of 1% greater than the market yield.
Benchmark
  • MSCI High Dividend Yield
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Mark Seavers18/12/2015Mark Seavers is the Chief Investment Officer of Davy Asset Management. Mark has over 28 years’ investment experience in a range of asset classes. He is the chairperson of the Davy Asset Management Asset Allocation Committee and is responsible for coordinating and overseeing the investment teams and strategies. Mark is also the Lead Fund Manager for Davy Asset Managements’ suite of Global Equity Income products. Mark joined Davy Asset Management in 2014, when Davy Asset Management acquired Prescient Investment Managers (previously Allied Irish Bank Investment Managers, AIBIM). Mark began his investment career in 1988 at AIBIM and was appointed to the Portfolio Management Team in 1992. Mark holds a Master of Arts in Economics and a Masters of Finance from University College Dublin.
Compliance
IA Recognised, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Ireland, Jersey, Offshore
Davy Global Equity Income A Acc EUR
Initial charge-
Annual charge0.68%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price182.7831
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDKM
Davy Global Equity Income A Inc EUR
Initial charge-
Annual charge0.68%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price160.3596
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNDKN
Davy Global Equity Income B Acc EUR
Initial charge-
Annual charge1.35%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.57%
Bid price-
Offer price-
Mid price175.802
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDKO
Davy Global Equity Income D Acc EUR
Initial charge-
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.23%
Bid price-
Offer price-
Mid price1.7751
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2CK
Davy Global Equity Income H Acc EUR
Initial charge-
Annual charge1.25%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.48%
Bid price-
Offer price-
Mid price2.314
CurrencyEUR
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2CL
Davy Global Equity Income J Inc EUR
Initial charge-
Annual charge0.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.73%
Total expense ratio (TER)0.73%
Bid price-
Offer price-
Mid price1.2851
CurrencyEUR
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE2CM
Davy Global Equity Income O Acc GBP
Initial charge-
Annual charge0.68%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price129.3563
CurrencyGBP
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDKP
Davy Global Equity Income U Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price2.1913
CurrencyGBP
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2CN
Davy Global Equity Income V Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.98%
Total expense ratio (TER)0.98%
Bid price-
Offer price-
Mid price1.3277
CurrencyGBP
Price updated13/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNDKQ
Data provided by

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