Fact sheet: F&C UK Equity Linked Gilt

Fund information
Fund name
F&C UK Equity Linked Gilt 3 Acc
Fund manager company
F&C (BMO Global Asset Manageme
Fund type
OEIC
Fund managers
  • Chris Higmansince 28/01/2010
  • Alex Soulsbysince 28/01/2010
Fund objective
The objective is to provide growth. The Manager combines exposure to UK equities with investment in securities issued by the UK government with some cash. The Fund invests predominantly in over-15 gilts and deposits, cash and/or near cash investments. UK equity exposure comprises FTSE 100 exchange traded futures.
Benchmark
  • FTSE 100
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
24.8%
1 Year rank in sector
46/124
Sector
UT Specialist
Yield
1.2%
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.
0.39%
Fund size
£168m (£114m 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.
125
Mid price
254.9
Top in this sector
Fund name1 Year
MFM Junior Gold134.7%
WAY Charteris Gd Prcsml124.2%
Old Mutual JPM Nat Res87.6%
Smith & Williamson GblGld&Res86.8%
JPM Natural Resources85.2%
...more in UT Specialist

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%-8.2%13.2%24.8%49.8%83.9%
Sector-1.2%-0.5%9.4%19.8%17%27.7%
Rank within sector77 / 124117 / 12548 / 12546 / 12411 / 11414 / 91
Quartile3rd4th2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund25.8%-2.1%18.1%11.7%11.5%
Sector19.7%-4.5%1.2%4.5%7.5%
Rank within sector38 / 12471 / 1198 / 11538 / 10541 / 91
Quartile2nd3rd1st2nd2nd
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.
8.14
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.
0.66
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%.
14.66
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.
11.13
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.
0.65
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.
0.41
Price movement
52 week high283
52 week low190.5
Current bid price-
Current offer price-
Current mid price254.9
Region
No data available.
Industry sector
1Fixed Interest74.1%
2Money Market25.9%
Asset type
1Global Fixed Interest74.1%
2Money Market25.9%
Individual holdings
No data available.
Management
Fund manager group
F&C
Fund manager company
F&C (BMO Global Asset Manageme
Fund type
OEIC
Fund objective
The objective is to provide growth. The Manager combines exposure to UK equities with investment in securities issued by the UK government with some cash. The Fund invests predominantly in over-15 gilts and deposits, cash and/or near cash investments. UK equity exposure comprises FTSE 100 exchange traded futures.
Benchmark
  • FTSE 100
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
Chris Higman28/01/2010Christopher Higman is a Derivatives Fund Manager in the Investment Solutions team. Chris joined F&C in September 2006 with an MPhys degree in Theoretical Physics from Exeter University and is a CFA Charterholder.
Alex Soulsby28/01/2010Alex Soulsby joined the Group in July 2006 and is Head of Liability Driven Investment. He has spent the last 9 years managing the LDI investments for pensions and insurance clients. Prior to joining, Alex worked at JP Morgan where he spent 8 years as an interest rate specialist, modelling exotic derivatives and subsequently structuring derivatives hedges for UK financial institutions. Alex has a BSc in Economics from LSE and a BA in Philosophy and Politics from the University of Durham.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
F&C UK Equity Linked Gilt 2 Acc
Initial charge-
Annual charge0.3%
Min single investment£500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.42%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price221.5
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKIQ7
F&C UK Equity Linked Gilt 2 Inc
Initial charge-
Annual charge0.3%
Min single investment£500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price191.1
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code08B9
F&C UK Equity Linked Gilt 3 Acc
Initial charge-
Annual charge0.3%
Min single investment£500,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)0.39%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price254.9
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeICV1
Data provided by

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