Fact sheet: FP Charteris Property

Fund information
Fund name
FP Charteris Property A Acc
Fund manager company
WAY Fund Managers
Fund type
OEIC
Fund managers
  • Ian Williamssince 09/07/2014
Fund objective
The investment objective of the Sub-fund is to provide long-term income and capital growth from investment in a diversified portfolio of property related investments including property funds, listed securities and REITS.
Benchmark
  • IA Property sector
Investment style
None
Investment method
None
Quick stats
1 Year return
-9.9%
1 Year rank in sector
52/53
Sector
UT Property
Yield
3.8%
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.
4.41%
Fund size
£1m (£1m 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.
91
Mid price
123.81
Top in this sector
Fund name1 Year
Aviva Inv Asia Pac Prop35.6%
Schroder Gbl Rel Est Sec Inc23.5%
First State AsianPropSec22%
BlackRock Gbl PrpSecEqTrk20.9%
F&C Gbl Real Est Secs20.2%
...more in UT Property

Performance snapshot

Holdings snapshot

  • UK96.5%
    Europe6.5%
    Money Market-3%
  • Property104.6%
    Money Market-4.6%
  • International Equities98.2%
    Exchange Traded Funds (ETF)4.2%
    Alternative Assets0.6%
    Money Market-3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%-9%-6.7%-9.9%8.4%31.5%
Sector-1.5%-0.8%1.5%3.8%20.6%34.3%
Rank within sector30 / 4953 / 5652 / 5552 / 5341 / 4526 / 40
Quartile3rd4th4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-9.2%10.4%7.2%8.7%12.6%
Sector3%5.4%10.7%4.7%6.7%
Rank within sector52 / 5312 / 5239 / 4711 / 4314 / 40
Quartile4th1st4th2nd2nd
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.
-5.81
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.
1.17
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%.
12.49
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.
10.38
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.
-0.48
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.
0.29
Price movement
52 week high138.19
52 week low112.49
Current bid price-
Current offer price-
Current mid price123.81
Region
1UK96.47%
2Europe6.48%
3Money Market-2.95%
Industry sector
1Property104.59%
2Money Market-4.59%
Asset type
1International Equities98.22%
2Exchange Traded Funds (ETF)4.15%
3Alternative Assets0.58%
4Money Market-2.95%
Individual holdings
1MEDICX6.5%
2TRITAX BIG BOX REIT PLC ORD 1P6.1%
3UNITE GROUP4.9%
4GRAINGER PLC4.8%
5ASSURA PLC4.7%
6HAMMERSON PLC4.7%
7ISHARES EUROPEAN PROPERTY YIELD UCITS ETF GBP4.5%
8ISHARES EUROPEAN PROPERTY YIELD UCITS ETF GBP4.5%
9TAYLOR WIMPEY PLC4.3%
Management
Fund manager group
WAY Fund Managers
Fund manager company
WAY Fund Managers
Fund type
OEIC
Fund objective
The investment objective of the Sub-fund is to provide long-term income and capital growth from investment in a diversified portfolio of property related investments including property funds, listed securities and REITS.
Benchmark
  • IA Property sector
Investment style
None
Investment method
None
Fund managers
NameSinceBiography
Ian Williams09/07/2014Ian Williams has spent the last 35 years as a specialist in Equity and Fixed Income markets, covering sales, research, market making and proprietary trading. He was a Member of the London Stock Exchange for many years before joining Chase Manhattan Bank (now JP Morgan). He subsequently worked for Dresdner Kleinwort Benson & Guinness Mahon (now Investec) before becoming Chairman & CEO of Charteris Treasury Portfolio Managers Ltd. The Funds run by Ian Williams include the soon to be launched Elite Charteris Strategic Fixed Income Fund, which uses a covered option writing strategy as part of the investment process combined with unique access to the proprietary, Giltsoft model developed by Gilt expert Patrick Phillips. This covered-call strategy is also applied to the Elite Charteris Premium Income Fund, which has a one-star rating by Morningstar and a Single Crown Rating from Trustnet. This equity fund invests solely in UK leading Blue Chip equities and is the longest living covered-call writing fund in the UK with a target yield of 6-7% per annum. Ian is also the investment manager of the WAY Charteris Gold & Precious Metals Fund which was launched in the first quarter of 2010 and is in the IMA UK specialist sector. In the first four months of trading, also was the number one fund against over 3,200 mutual funds across the UK. He has been a regular contributor to the national written press and various television networks including ”The Keiser Report” on RT, Bloomberg, CNBC, Reuters, BNN, Hargreaves Lansdown TV, SIPP TV & BBC Radio 4.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
FP Charteris Property A Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)4.41%
Total expense ratio (TER)4.41%
Bid price-
Offer price-
Mid price123.81
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ948
FP Charteris Property A Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)4.41%
Total expense ratio (TER)4.41%
Bid price-
Offer price-
Mid price107.09
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZ947
FP Charteris Property B Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)5.16%
Total expense ratio (TER)5.16%
Bid price-
Offer price-
Mid price78.69
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ946
FP Charteris Property B Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)5.16%
Total expense ratio (TER)5.16%
Bid price-
Offer price-
Mid price57.72
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZ945
FP Charteris Property R Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)5.16%
Total expense ratio (TER)5.16%
Bid price-
Offer price-
Mid price78.66
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZ944
FP Charteris Property R Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)5.16%
Total expense ratio (TER)5.16%
Bid price-
Offer price-
Mid price57.28
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZ943
Data provided by

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