Fact sheet: FP MA DRP IV

Fund information
Fund name
FP Multi-Asset DRP IV Ret
Fund manager company
Allium Capital
Fund type
OEIC
Fund manager
  • Leon Diamondsince 13/01/2014
Fund objective
The investment objective of the Fund aims to deliver long term capital growth from a broadly moderate approach to investing whilst ensuring that the overall volatility of the portfolio remains within its set volatility band that is typical for a moderate risk fund.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
10.5%
1 Year rank in sector
56/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
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.
0.36%
Fund size
£10m (£13m 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.
49
Mid price
118.7261
Top in this sector
Fund name1 Year
AXA Global Distribution20.2%
S&W The Magpie18.8%
SVS TPI Balanced 218.8%
Investec Caut Mgd18.4%
AXA Lifetime Distribution16.7%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK67%
    North America9%
    Europe ex UK5%
    Japan5%
    Money Market5%
  • No data available.
  • UK Corporate Fixed Interest27%
    UK Equities22%
    UK Gilts13%
    North American Equities9%
    Europe ex UK Equities5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%-1.4%7.5%10.5%--
Sector-0.1%-0.2%6.3%8.3%16.6%35.5%
Rank within sector128 / 214172 / 21372 / 21156 / 204--
Quartile3rd4th2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.3%-0.7%---
Sector8.4%1.2%5%9%8%
Rank within sector49 / 204164 / 190---
Quartile1st4th
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 high121.81
52 week low102.3
Current bid price-
Current offer price-
Current mid price118.73
Region
1UK67%
2North America9%
3Europe ex UK5%
4Japan5%
5Money Market5%
6USA4%
7Not Specified3%
8Europe2%
Industry sector
No data available.
Asset type
1UK Corporate Fixed Interest27%
2UK Equities22%
3UK Gilts13%
4North American Equities9%
5Europe ex UK Equities5%
6Japanese Equities5%
7Money Market5%
8UK Index-Linked Gilts5%
9US Fixed Interest4%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Allium Capital
Fund type
OEIC
Fund objective
The investment objective of the Fund aims to deliver long term capital growth from a broadly moderate approach to investing whilst ensuring that the overall volatility of the portfolio remains within its set volatility band that is typical for a moderate risk fund.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Fund manager
NameSinceBiography
Leon Diamond13/01/2014Leon Diamond is Head of Investment at AJ Bell Asset Management. Before joining AJ Bell he was the chief investment officer of Mansard Capital LLP a company he founded in 2010. At Mansard Capital LLP he was responsible for the Dynamic Rebalanced Portfolio (DRP) Fund range and Principal Asset Allocation (PAA) Fund. Prior to that he was the Principal Trader/Co-Portfolio Manager of a highly regarded global macro fund. Leon has a degree in Business in Finance from Queensland University of Technology, and he completed his post graduate studies through the Australian Securities Institute.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
FP Multi-Asset DRP IV Platform
Initial charge5%
Annual charge0.95%
Min single investment£25,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price95.4665
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZXE
FP Multi-Asset DRP IV Ret
Initial charge5%
Annual charge0.2%
Min single investment£3,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.36%
Total expense ratio (TER)0.33%
Bid price-
Offer price-
Mid price118.7261
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZXD
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.