Fact sheet: FP 8AM Focussed

Fund information
Fund name
FP 8AM Focussed A
Fund manager company
8AM Global LLP
Fund type
OEIC
Fund managers
  • Andrew Merrickssince 31/12/2016
  • Tom McGrathsince 31/12/2014
Fund objective
The objective of the fund is to achieve long-term capital growth.
Benchmark
  • No Specified Index
Investment style
Aggressive,Growth
Investment method
None
Quick stats
1 Year return
19.7%
1 Year rank in sector
76/272
Sector
UT Mixed Investment 40%-85% Shares
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.
3.01%
Fund size
£3m (£3m 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.
81
Mid price
119.08
Top in this sector
Fund name1 Year
Orbis Gbl Bal30.8%
CF Greenmount28.7%
HSBC Wld Seltn Advntr Pfl28.5%
SVS TPI Aggressive 127.5%
S&W MF27.3%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • Not Specified53.3%
    Money Market21.1%
    India14.6%
    Japan11%
  • Investment Grade Bonds15%
    Alternative Assets11.6%
    Financials8.7%
    Real Estate6.1%
    Biotechnology/Medical6%
  • Others53.3%
    Money Market21.1%
    Indian Equities14.6%
    Japanese Equities11%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%5.7%7%19.7%28%-
Sector0.5%3.7%6.3%17.2%25.7%46.1%
Rank within sector225 / 28933 / 286106 / 28176 / 272109 / 246-
Quartile4th1st2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund5.6%14.4%1.3%2.8%-
Sector3.4%13.3%2.2%5%13.5%
Rank within sector21 / 286105 / 268184 / 252221 / 242-
Quartile1st2nd3rd4th
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.
-1.51
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.
1.43
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.
0.54
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%.
9.09
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.
4.31
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.
0.29
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.
0.85
Price movement
52 week high122.18
52 week low97.14
Current bid price-
Current offer price-
Current mid price119.08
Region
1Not Specified53.28%
2Money Market21.07%
3India14.61%
4Japan11.04%
Industry sector
1Investment Grade Bonds15.01%
2Alternative Assets11.58%
3Financials8.68%
4Real Estate6.12%
5Biotechnology/Medical5.96%
6Government Bonds5.57%
7Retail - Property4.58%
8Safety & Security Services4.1%
9Industrial - Property3.86%
Asset type
1Others53.28%
2Money Market21.07%
3Indian Equities14.61%
4Japanese Equities11.04%
Individual holdings
1PIMCO STERLING SHORT MATURITY14.96%
2ETFS BULLISH USD VS COMMODITY CURRENCY BASKET SECURITIES14%
3AMUNDETF MSCIINIA UCITS ETF8.84%
4ROBOGLOBAL ROBOTICS AND AUTOMATIONGO UCITS ETF8.19%
5AXA FRAMLINGTONBIOTECH FUND7.39%
6ISHARES EURO STOXX BANKS6.41%
7FINSBURY WW PHARAMCEUTICAL5.96%
8LEGG MASON IF JAPAN EQUITY A5.9%
9NEW INDIA INV ORD GBP0.255.77%
Management
Fund manager group
8AM Global
Fund manager company
8AM Global LLP
Fund type
OEIC
Fund objective
The objective of the fund is to achieve long-term capital growth.
Benchmark
  • No Specified Index
Investment style
Aggressive,Growth
Investment method
None
Fund managers
NameSinceBiography
Andrew Merricks31/12/2016Andrew Merricks has been running discretionary money for Skerritt Investments across multi strategies since the 1990s and has secured numerous awards for consistent out performance over the years. At the beginning of 2017, whilst still managing money for Skerritts , he joined the 8AM GLOBAL fund management team and has specific responsibility for managing the Focussed fund with Tom.
Tom McGrath31/12/2014Tom McGrath’s first fund was the Miton Special Situations portfolio which he ran from June 2001 through to 2007 which was a top performer under his tenure. He subsequently launched the UK's first retail Multi Asset Fund Miton Arcturus in 2006. In 2008 he founded Apollo Multi Asset Management , running the Apollo Balanced Fund which exceeded its cash plus 5% annualised target. In December 2014 he joined 8AM GLOBAL as a Partner and took over management of the Focussed Fund, which adopts a sensible approach to asset allocation and looks to invest in strong secular themes.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
FP 8AM Focussed A
Initial charge1%
Annual charge0.15%
Min single investment£5,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)3.01%
Total expense ratio (TER)3.01%
Bid price-
Offer price-
Mid price119.08
CurrencyGBX
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJCQY
FP 8AM Focussed B
Initial charge1%
Annual charge0.15%
Min single investment£5,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)3.01%
Total expense ratio (TER)3.01%
Bid price-
Offer price-
Mid price118.75
CurrencyGBX
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJCQZ
FP 8AM Focussed C
Initial charge1%
Annual charge-
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)3.06%
Total expense ratio (TER)3.06%
Bid price-
Offer price-
Mid price100
CurrencyGBX
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKYSY
Data provided by

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