Fact sheet: F&C Diversified Growth

Fund information
Fund name
F&C Diversified Growth A EUR
Fund manager company
FundRock Management Company S.
Fund type
Offshore Fund
Fund managers
  • Paul Nivensince 01/12/2012
  • Chris Childssince 25/07/2014
Fund objective
The fund aims to provide capital appreciation over the medium to long-term through a diversified mix of traditional and alternative assets including: equities, bonds, indirect property and indirect commodities. Portfolio efficiency is maximised, and costs minimised, by using efficient products that provide liquid, low-cost exposure to the relevant asset class. A combination of cash, Exchange Traded Funds, derivative instruments, listed certificates, swap contracts and currency are used.
Benchmark
  • 1m Libor +400bps
Investment style
Flexible,Active
Investment method
None
Quick stats
1 Year return
1.3%
1 Year rank in sector
111/150
Sector
FO Mixed Asset - Flexible
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.
1.87%
Fund size
£99m (£88m 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.
30
Top in this sector
Fund name1 Year
Investec EmrgMktsMA28.6%
HSBC Pfl World Seltn 426.9%
Aria Absolut Inc Prtd UCITs25.3%
Northstar Mgd Stg23.5%
Smith & Williamson Mid-OceanWdInv23.3%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • International100%
  • Fixed Interest43.5%
    Others27.3%
    Equities21.8%
    Insurance3.3%
    Infrastructure1.7%
  • Global Fixed Interest43.5%
    International Equities21.8%
    Alternative Assets16.6%
    Others16.3%
    Private Equity1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%1%-0.1%1.3%6.5%14.2%
Sector-0%3.3%3.9%4.1%10.5%27.3%
Rank within sector86 / 165135 / 166146 / 159111 / 15071 / 10760 / 72
Quartile3rd4th4th3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund-0.3%3.5%2.3%1.2%4.8%
Sector3.1%-0.1%5%6.8%6.9%
Rank within sector122 / 15531 / 12983 / 11284 / 9752 / 78
Quartile4th1st3rd4th3rd
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.
-0.56
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.
0.79
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%.
4.55
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.
2.3
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.
-0.6
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.
0.8
Price movement
52 week high11.13
52 week low10.44
Current bid price-
Current offer price-
Current mid price10.87
Region
1International100%
Industry sector
1Fixed Interest43.5%
2Others27.3%
3Equities21.8%
4Insurance3.3%
5Infrastructure1.7%
6Private Equity1%
7Property0.8%
8Hedge0.6%
Asset type
1Global Fixed Interest43.5%
2International Equities21.8%
3Alternative Assets16.6%
4Others16.3%
5Private Equity1%
6Property0.8%
Individual holdings
No data available.
Management
Fund manager group
RBS
Fund manager company
FundRock Management Company S.
Fund type
Offshore Fund
Fund objective
The fund aims to provide capital appreciation over the medium to long-term through a diversified mix of traditional and alternative assets including: equities, bonds, indirect property and indirect commodities. Portfolio efficiency is maximised, and costs minimised, by using efficient products that provide liquid, low-cost exposure to the relevant asset class. A combination of cash, Exchange Traded Funds, derivative instruments, listed certificates, swap contracts and currency are used.
Benchmark
  • 1m Libor +400bps
Investment style
Flexible,Active
Investment method
None
Fund managers
NameSinceBiography
Paul Niven01/12/2012Paul Niven is Head of Multi-Asset Investment and Fund Manager of the Foreign and Colonial Investment Trust. Paul joined the firm in 1996 and has worked in Asset Allocation and Investment Strategy since 1999, after undertaking a fund management position in Pacific Basin Equities. Paul has had responsibility for the management of Multi-Asset mandates within the group since 2002 and is Chair of the Investment Policy Group. He is responsible for strategic and tactical portfolio construction as well as manager selection across a variety of institutional mandates. Paul graduated from the University of Strathclyde with a BA (Hons) in Accounting and Economics, obtained an MPhil in Finance, and is a member of the UK CFA Institute.
Chris Childs25/07/2014Chris Childs is the Fund Manager of the F&C High Income Unit Trust, the F&C HVB-Stiftungsfonds and co-manager of the F&C Active Return Fund. Each of these funds employ derivative overlay strategies. Chris joined F&C in 1993 and together with Stephen Crewe formed a derivatives fund management team. He has over 16 years of investment experience. He is also the manager of the award wining F&C HVB-Stiftungsfonds Fund. Chris is a graduate of the Bristol Business School and the University of Exeter where he studied the quantitative aspects of fund management.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
F&C Diversified Growth A EUR
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.87%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price10.87
CurrencyEUR
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLBD0
F&C Diversified Growth A Hedged GBP
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.86%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price11.53
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKUH7
F&C Diversified Growth A Hedged NOK
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.15
CurrencyNOK
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8EM
F&C Diversified Growth A Hedged SEK
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1
CurrencySEK
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8EN
F&C Diversified Growth A Hedged USD
Initial charge5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.99%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price165.15
CurrencyUSD
Price updated08/11/2013
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBMM3
F&C Diversified Growth F Hedged GBP
Initial charge-
Annual charge0.2%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8YD
F&C Diversified Growth R Hedged GBP
Initial charge-
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8YC
F&C Diversified Growth X EUR
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.28%
Total expense ratio (TER)0.33%
Bid price-
Offer price-
Mid price148.93
CurrencyEUR
Price updated21/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA3M9
F&C Diversified Growth X Hedged GBP
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.29%
Bid price-
Offer price-
Mid price97.72
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA3M8
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.