Fact sheet: F&C Prop Gth&In

Fund information
Fund name
F&C Property Growth and Income I Acc
Fund manager company
F&C (BMO Global Asset Manageme
Fund type
OEIC
Fund managers
  • Marcus Phayre-Mudgesince 02/02/2015
  • George Gaysince 02/02/2015
  • Alban Lhonneursince 02/02/2015
Fund objective
The investment objective of the strategy is to deliver capital and income appreciation. The strategy will seek to achieve this investment objective primarily through investment in and/ or exposure to a combination of investments in UK commercial property and securities of property and property related issuers listed or operating in the countries of the EU and/or the EEA.
Benchmark
No data available.
Investment style
None
Investment method
None
Quick stats
1 Year return
0.5%
1 Year rank in sector
35/52
Sector
UT Property
Yield
4.4%
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.
1.08%
Fund size
£190m (£182m 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.
60
Mid price
1042.034
Top in this sector
Fund name1 Year
Aviva Inv Asia Pac Prop52.7%
Schroder Gbl Rel Est Sec Inc26.9%
BlackRock Gbl PrpSecEqTrk24.2%
First State AsianPropSec24.1%
F&C Gbl Real Est Secs23%
...more in UT Property

Performance snapshot

Holdings snapshot

  • UK47.2%
    Germany14%
    France11.1%
    Sweden8.6%
    Switzerland3.7%
  • Equities68.5%
    Industrials20.3%
    Offices - Property8.8%
    Other - Property1.2%
    Money Market0.9%
  • International Equities51.5%
    Property30.2%
    UK Equities17.1%
    Money Market0.9%
    Global Corporate Fixed Interest0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-6.2%-4.4%0.5%35.3%63.1%
Sector-0%-0.3%1.9%4.9%22.2%35.5%
Rank within sector41 / 5150 / 5549 / 5435 / 5213 / 4412 / 39
Quartile4th4th4th3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.3%10.5%20.6%7.6%13.9%
Sector4%5.4%10.7%4.7%6.7%
Rank within sector33 / 5210 / 519 / 4616 / 4212 / 39
Quartile3rd1st1st2nd2nd
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.
3.57
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.
0.84
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.
0.95
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%.
7.44
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.
5.63
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.
0.38
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.
0.43
Price movement
52 week high1110.48
52 week low985.63
Current bid price-
Current offer price-
Current mid price1042.03
Region
1UK47.2%
2Germany14%
3France11.1%
4Sweden8.6%
5Switzerland3.7%
6Italy3%
7Spain2.6%
8Austria1.9%
9Belgium1.9%
Industry sector
1Equities68.5%
2Industrials20.3%
3Offices - Property8.8%
4Other - Property1.2%
5Money Market0.9%
6Corporate Bonds0.3%
Asset type
1International Equities51.5%
2Property30.2%
3UK Equities17.1%
4Money Market0.9%
5Global Corporate Fixed Interest0.3%
Individual holdings
1UNIBAIL-RODAMCO6%
2VONOVIA SE5.3%
3EUROCOMMERCIAL PROPERTIES NV4.6%
4KLEPIERRE4.2%
5SWISS PRIME SITE3.7%
6PICTON PROPERTY INCOME LTD ORD3.4%
7TARGET HEALTHCARE REIT LTD3.4%
8TRITAX BIG BOX REIT PLC3.1%
9NEWRIVER RETAIL LTD2.7%
Management
Fund manager group
F&C
Fund manager company
F&C (BMO Global Asset Manageme
Fund type
OEIC
Fund objective
The investment objective of the strategy is to deliver capital and income appreciation. The strategy will seek to achieve this investment objective primarily through investment in and/ or exposure to a combination of investments in UK commercial property and securities of property and property related issuers listed or operating in the countries of the EU and/or the EEA.
Benchmark
No data available.
Investment style
None
Investment method
None
Fund managers
NameSinceBiography
Marcus Phayre-Mudge02/02/2015Marcus is a fund manager in the property equities team. He joined Thames River Capital (now part of BMO Global Asset Management) in October 2004 from Henderson Global Investors, initially managing the direct property portfolio within TR Property Investment Trust and latterly managing a number of UK and pan-European real estate equity funds, including the Henderson Horizon Pan European Property Securities Fund. Prior to joining Henderson, Marcus was an investment surveyor at Knight Frank and was made an associate partner in the fund management division. He qualified as a chartered surveyor in 1992 and has a BSc (Hons) in Land Management from Reading University.
George Gay02/02/2015George joined the company in September 2005 as an assistant fund manager and was promoted to Fund Manager – Direct Property in March 2008. George is responsible for the physical real estate assets managed by the team. This involves sourcing new properties to purchase, asset managing the standing portfolio and managing the sale of mature assets. He was previously at a niche City investment agency, Morgan Pepper, where as an investment graduate he gained considerable industry experience. He has an MA in Property Valuation and Law from City University and a BA (Hons) from Newcastle University. George is a member of the RICS also holds the IMC.
Alban Lhonneur02/02/2015Alban joined the company in July 2008. He is the lead fund manager of F&C Real Estate Equity Long/Short Fund and F&C Real Estate Securities Fund and co-manager of the F&C Global Real Estate Securities Fund and F&C Property Growth & Income Fund. He was previously at Citigroup Global Markets as an equity research analyst focusing on continental European real estate. Prior to that he was at Société Générale Securities, where he focused on transport equity research. He completed a BSc Business and Management programme at ESC Toulouse, including one year at the Brunel University, School of Business Management in London. He also attended CERAM Nice High Business School. In 2005 he obtained a post-graduate Specialised Master in Finance in 2005 from ESCP-EAP.
Compliance
IA Recognised
Domicile
No data available.
Fund for sale in
United Kingdom
F&C Property Growth and Income H Acc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1032.383
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM3IH
F&C Property Growth and Income H Inc
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price954.2394
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM3II
F&C Property Growth and Income I Acc
Initial charge-
Annual charge0.9%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1042.034
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM3IJ
F&C Property Growth and Income I Inc
Initial charge-
Annual charge0.9%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price959.6167
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM3IK
F&C Property Growth and Income J Acc
Initial charge-
Annual charge0.9%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1041.39
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM3SO
F&C Property Growth and Income J Inc
Initial charge-
Annual charge0.9%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price964.9067
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM3SP
Data provided by

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