Fact sheet: FP Chr Gbl Mac

Fund information
Fund name
FP Charteris Global Macro A Acc
Fund manager company
WAY Fund Managers
Fund type
OEIC
Fund managers
  • Ian Williamssince 02/02/2015
  • Terry Farrowsince 02/02/2015
Fund objective
The investment objective of the Fund is to aim to deliver capital growth over the longer term whilst looking to mitigate downside risks.
Benchmark
  • IA Global Sector
Investment style
Macro
Investment method
Equity
Quick stats
1 Year return
29.3%
1 Year rank in sector
13/247
Sector
UT Global
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.
3.12%
Fund size
£4m (£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.
114
Mid price
108.74
Top in this sector
Fund name1 Year
First State Gbl Resrcs67%
UBS FTSE RAFI Devlpd 1000 Idx38.1%
Orbis Gbl Eq36.4%
Natixis HarsAsGblConcntdEq36%
NFU Mutual Global Growth33.1%
...more in UT Global

Performance snapshot

Holdings snapshot

  • UK59.9%
    Canada18%
    Money Market6.9%
    USA5.8%
    Switzerland3.3%
  • Others93.2%
    Money Market6.9%
  • International Equities91%
    Money Market6.9%
    Exchange Traded Funds (ETF)2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-1.5%11.1%29.3%--
Sector0.1%1.8%12.7%16.6%30.1%66.4%
Rank within sector198 / 263233 / 262171 / 25713 / 247--
Quartile4th4th3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund28.4%----
Sector15.7%3.4%6.7%19.7%9.9%
Rank within sector11 / 250----
Quartile1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high116.31
52 week low78.41
Current bid price-
Current offer price-
Current mid price108.74
Region
1UK59.85%
2Canada18%
3Money Market6.85%
4USA5.8%
5Switzerland3.3%
6Singapore2.9%
7Europe2.3%
8Australia1%
Industry sector
1Others93.15%
2Money Market6.85%
Asset type
1International Equities91%
2Money Market6.85%
3Exchange Traded Funds (ETF)2.15%
Individual holdings
1BHP BILLITON PLC5.4%
2RIO TINTO5.4%
3CAIRN ENERGY PLC4.5%
4ANTOFAGASTA4.1%
5FRESNILLO PLC3.5%
6MAG SILVER CORP3.5%
7VEDANTA RESOURCES3.3%
8FORTUNA SILVER MINES INC3.2%
9ROYAL DUTCH SHELL3.2%
Management
Fund manager group
WAY Fund Managers
Fund manager company
WAY Fund Managers
Fund type
OEIC
Fund objective
The investment objective of the Fund is to aim to deliver capital growth over the longer term whilst looking to mitigate downside risks.
Benchmark
  • IA Global Sector
Investment style
Macro
Investment method
Equity
Fund managers
NameSinceBiography
Ian Williams02/02/2015Ian 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.
Terry Farrow02/02/2015Terry Farrow has over 40 years experience in Investment markets. Terry has spent the last 25 years predominately trading equities. Prior to that, Terry was employed at Barclays Bank & Standard Chartered Bank trading Bonds, Foreign Exchange and a range of derivatives. Terry has a G70 Investment Portfolio Management qualification amongst other professional qualifications that he has achieved.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FP Charteris Global Macro A Acc
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)3.12%
Total expense ratio (TER)3.12%
Bid price-
Offer price-
Mid price108.74
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM3RZ
FP Charteris Global Macro A Inc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.5%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM3SA
Data provided by

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