Fact sheet: EdenTree Amity Bal FdFor Chrt

Fund information
Fund name
EdenTree Amity Balanced Fund For Charities A
Fund manager company
EdenTree Investment Management
Fund type
OEIC
Fund managers
  • David Osfieldsince 31/08/2016
  • David Katimbo Mugwanyasince 31/08/2016
  • Chris Hiornssince 03/04/2011
Fund objective
This Fund is a Tax Elected Fund and aims to achieve a balance between capital growth and income.The Fund seeks to primarily invest in a diversified portfolio of UK and International equities and fixed interest securities issued by governments and companies which make a positive contribution to society and the environment through sustainable and socially responsible practices.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
8.5%
1 Year rank in sector
207/268
Sector
UT Mixed Investment 40%-85% Shares
Yield
5.2%
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.
0.83%
Fund size
£23m (£21m 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.
50
Mid price
109.7
Top in this sector
Fund name1 Year
Orbis Gbl Bal38%
HSBC Wld Seltn Advntr Pfl24.5%
FP MA DRP VIII23.9%
SVS TPI Aggressive 123.5%
SVS TPI Growth 222.7%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK70%
    France8.1%
    USA5.6%
    Germany5.5%
    Money Market4.8%
  • Financials30.1%
    Corporate Bonds29.9%
    Telecommunications9.6%
    Health Care5.5%
    Preference Shares5.3%
  • Global Fixed Interest35.3%
    UK Equities31.1%
    International Equities25.2%
    Money Market4.8%
    Others3.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%-2.1%5.1%8.5%21.9%48.5%
Sector0%0.7%8.9%10.8%20.8%46.4%
Rank within sector137 / 280263 / 279248 / 276207 / 268125 / 240114 / 207
Quartile2nd4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund7.6%2.4%9.7%10%11.8%
Sector10.7%2.2%5%13.5%9%
Rank within sector224 / 268137 / 2529 / 242189 / 22454 / 207
Quartile4th3rd1st4th2nd
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.
0.68
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.
0.95
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.
0.41
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%.
6.27
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.
2.88
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.
0.13
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.
0.79
Price movement
52 week high114
52 week low100.8
Current bid price-
Current offer price-
Current mid price109.7
Region
1UK69.99%
2France8.1%
3USA5.63%
4Germany5.51%
5Money Market4.77%
6Hong Kong1.52%
7Singapore1.51%
8Sweden1.19%
9Australia1.06%
Industry sector
1Financials30.09%
2Corporate Bonds29.94%
3Telecommunications9.58%
4Health Care5.48%
5Preference Shares5.33%
6Money Market4.77%
7Consumer Services4.19%
8Utilities3.75%
9Others3.48%
Asset type
1Global Fixed Interest35.27%
2UK Equities31.14%
3International Equities25.25%
4Money Market4.77%
5Others3.57%
Individual holdings
1GLAXOSMITHKLINE2.83%
2VODAFONE GROUP2.72%
3HSBC HLDGS1.93%
4GREENCOAT UK WIND PLC1.91%
5TARGET TARGET HEALTHCARE REIT LIMITED ORD NPV1.84%
6SAINSBURY(J) 6.5% UNDATED BDS GBP1000 REG S1.77%
7ASTRAZENECA PLC1.72%
8COVENTRY BUILDING SOCIETY 12.125% PERM INT BEARING SHS GBP1000 RG1.62%
9EDF 5.875% UNDATED NTS GBP1000001.59%
Management
Fund manager group
Ecclesiastical
Fund manager company
EdenTree Investment Management
Fund type
OEIC
Fund objective
This Fund is a Tax Elected Fund and aims to achieve a balance between capital growth and income.The Fund seeks to primarily invest in a diversified portfolio of UK and International equities and fixed interest securities issued by governments and companies which make a positive contribution to society and the environment through sustainable and socially responsible practices.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
David Osfield31/08/2016David joined EdenTree in July 2016 as joint Fund Manager on the Amity International Fund after beginning his career at Alliance Trust in 2002. During his time there David largely focused on Asian equities, although has also covered pan-European and Global equities. David has a 1st class BA (Hons) in Business Finance from Durham University and is a CFA Charterholder.
David Katimbo Mugwanya31/08/2016David joined EdenTree in 2015 from Epworth Investment Management. He has a wealth of experience in UK Fixed Interest Portfolios and has previously managed over £700m for Institutional Pension Funds, Insurance firms and Charities. David graduated from University of Essex with a BSc in Economics. David has been a CFA Charterholder since 2014.
Chris Hiorns03/04/2011Chris graduated in 1995, with an MSc in Economics from University College London. He joined EdenTree in 1996 as a Research Assistant and took over the management of the Amity European Fund in 2007. He is also co-manager of the Amity Sterling Bond Fund Chris has been a CFA Charterholder since 2004.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
EdenTree Amity Balanced Fund For Charities A
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price109.7
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMIT5
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