Fact sheet: Epworth Affirmative Fixed Interest

Fund information
Fund name
Epworth Affirmative Fixed Interest
Fund manager company
Epworth Investment Management
Fund type
Unit Trust
Fund manager
No data available.
Fund objective
The Fund will seek to maximise long term total returns consistent with commercial prudence, diversification and risk management through a portfolio of sterling based Government and non-Government fixed interest securities to achieve a total return in excess of its Benchmark. The Fund will invest in a diversified portfolio comprising UK Government Securities (70%-90%), Corporate Debt Securities (10%-30%) and Cash and near cash (0%-10%). It is hoped that this will result in a yield in excess of that which can be achieved through UK Government Securities alone.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
7.2%
1 Year rank in sector
9/77
Sector
UT Sterling Strategic Bond
Yield
1.9%
Fund size
£21m (£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.
49
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc10.5%
Fidelity I Stg Cr + Bd10.4%
Fidelity UK Inv Grd Lg Cr9.4%
Legg Mason IFBrwiGlInOp8.6%
Fidelity Pre-Retirmnt Bd8.5%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK96.8%
    Money Market3.2%
  • Government Bonds75.1%
    Corporate Bonds21.7%
    Money Market3.2%
  • UK Gilts75.1%
    UK Corporate Fixed Interest21.7%
    Money Market3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%-6.3%3.1%7.2%20.9%27.3%
Sector-1.2%-3.2%2.7%4.7%12.4%32.6%
Rank within sector73 / 8370 / 8221 / 829 / 774 / 7151 / 60
Quartile4th4th2nd1st1st4th
Calendar performance
 YTD - 20162015201420132012
Fund8.3%0.1%12.9%-3.9%4.6%
Sector5.7%-0.3%6.8%2.6%12.6%
Rank within sector10 / 7738 / 745 / 7261 / 6460 / 61
Quartile1st3rd1st4th4th
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.
5.55
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.
0.24
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.
0.52
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%.
6.55
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.
7.74
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.
0.1
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.
0.04
Price movement
52 week high138.1
52 week low121.19
Current bid price-
Current offer price-
Current mid price126.8
Region
1UK96.8%
2Money Market3.2%
Industry sector
1Government Bonds75.1%
2Corporate Bonds21.7%
3Money Market3.2%
Asset type
1UK Gilts75.1%
2UK Corporate Fixed Interest21.7%
3Money Market3.2%
Individual holdings
1TREASURY 3.75% GILT 07/09/21 GBP4.52%
2TREASURY 4% GILT 07/03/22 GBP0.014.47%
3TREASURY 4.5% GILT 7/9/2034 GBP0.014.2%
4TREASURY 4.75% GILT 07/12/38 GBP4.14%
5TREASURY 1.5% GILT 22/07/26 GBP0.014.02%
6TREASURY 4.25% GILT 07/06/2032 GBP0.014.01%
7TREASURY 4.25% GILT 7/12/20273.98%
8TREASURY 1.25% GILT 22/7/18 GBP0.013.74%
9TREASURY 3.25% GILT 22/01/44 GBP0.013.49%
Management
Fund manager group
Epworth
Fund manager company
Epworth Investment Management
Fund type
Unit Trust
Fund objective
The Fund will seek to maximise long term total returns consistent with commercial prudence, diversification and risk management through a portfolio of sterling based Government and non-Government fixed interest securities to achieve a total return in excess of its Benchmark. The Fund will invest in a diversified portfolio comprising UK Government Securities (70%-90%), Corporate Debt Securities (10%-30%) and Cash and near cash (0%-10%). It is hoped that this will result in a yield in excess of that which can be achieved through UK Government Securities alone.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
IA Recognised, UCIS
Domicile
No data available.
Fund for sale in
United Kingdom
Epworth Affirmative Fixed Interest
Initial charge-
Annual charge0.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.32%
Bid price-
Offer price-
Mid price126.8
CurrencyGBX
Price updated18/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEF28
Data provided by

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