Fact sheet: FP Matterley Reg Hi Inc

Fund information
Fund name
FP Matterley Regular High Income Acc
Fund manager company
Fund Partners Ltd
Fund type
OEIC
Fund managers
  • Jeremy Spainsince 01/01/2016
  • Chris Ainscoughsince 31/03/2015
Fund objective
The investment objective of the FP Matterley Regular High Income Fund is to generate a high income with the potential for capital growth from a portfolio consisting predominantly of UK bonds, government securities, high yielding equities and preference shares. There may be occasions when the investment manager chooses to hold collective investment schemes and a high level of cash and money market instruments.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
2.6%
1 Year rank in sector
71/75
Sector
UT Mixed Investment 0%-35% Shares
Yield
4.6%
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.
1.08%
Fund size
£62m (£66m 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.
25
Mid price
156.8715
Top in this sector
Fund name1 Year
BlackRock NURS II Consensus 3515.2%
SVS TPI Cautious 313.3%
Old Mutual Cirilium Cons11.4%
SJP Strategic Income10.9%
VT Turcan Connell Inc Pfl10%
...more in UT Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK96.1%
    Money Market3.9%
  • No data available.
  • Global Corporate Fixed Interest56%
    International Equities25%
    Others10%
    Preference Shares5%
    Money Market2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%-2.5%1.4%2.6%10.1%29.6%
Sector-1%-1.6%3.8%5.8%12.7%25%
Rank within sector19 / 8360 / 8375 / 8271 / 7547 / 5816 / 41
Quartile1st3rd4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.6%2%4.5%5.5%11.4%
Sector6.1%0.3%5.2%4.2%6.3%
Rank within sector73 / 7514 / 6139 / 5818 / 515 / 43
Quartile4th1st3rd2nd1st
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.
0.06
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.
0.78
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%.
3.68
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.
2.19
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.
-0.37
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.
0.7
Price movement
52 week high161.41
52 week low147.85
Current bid price-
Current offer price-
Current mid price156.87
Region
1UK96.1%
2Money Market3.9%
Industry sector
No data available.
Asset type
1Global Corporate Fixed Interest56%
2International Equities25%
3Others10%
4Preference Shares5%
5Money Market2%
6Convertibles1%
7Structured Products1%
Individual holdings
1TREASURY 4.75% GILT 20202.7%
2TREASURY 5% GILT 20252%
3TREASURY 4.5% GILT 07/03/2019 GBP0.011.7%
4ABERFORTH GEARED INCOME TRUST PLC ORD 1P1.4%
5TREASURY 8% GILT 20211.4%
6MOTABILITY OPERATIONS GROUP PLC 6.625% NTS 10/12/19 GBP500001.3%
7BRITISH AMERICAN TOBACCO HLDGS1.2%
8GO-AHEAD GROUP 5.375% BDS 29/09/17 GBP10001.2%
9TELECOM ITALIA SPA(NEW) 6.375% EMTN 24/06/19 GBP500001.2%
Management
Fund manager group
IFDS Managers
Fund manager company
Fund Partners Ltd
Fund type
OEIC
Fund objective
The investment objective of the FP Matterley Regular High Income Fund is to generate a high income with the potential for capital growth from a portfolio consisting predominantly of UK bonds, government securities, high yielding equities and preference shares. There may be occasions when the investment manager chooses to hold collective investment schemes and a high level of cash and money market instruments.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Jeremy Spain01/01/2016Jeremy is the senior bond analyst at Charles Stanley & Co. Limited, regularly writing on the global fixed income markets as well as covering the retail bond market. He is a member of the Charles Stanley Investment Strategy Committee and is on the management team of a number of the company’s funds. Jeremy also compiles articles on the fixed income markets for the company’s flagship Investment Handbook as well as its Stock Market Bulletin. Jeremy joined Charles Stanley in March 2011 having spent 5 years at the MNI/Deutsche Börse Group in London as a credit analyst covering both capital markets and credit derivatives. Jeremy is an experienced hand in the credit markets having been the Head of Bond Trading and Sales at Banco Popolare di Milano (2000-2006) and a Manager at J. Henry Schroder & Co. Limited (1987-1999) where he set up and ran proprietary bond portfolios to facilitate credit trading and sales to institutional clients. Jeremy holds a Certified Diploma in Accounting & Finance from the Chartered Association of Certified Accountants and a City Law Diploma.
Chris Ainscough31/03/2015Chris Ainscough joined Matterley as an analyst in April 2014 to work alongside Chris Evans on the Regular High Income and Equity funds having originally joined Charles Stanley Pan Asset in 2013. He holds a MMath degree in Mathematics from Oxford University and since joining Matterley he has completed the Investment Management Certificate and passed the CFA Level One examination.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FP Matterley Regular High Income Acc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price156.8715
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOR43
FP Matterley Regular High Income C Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price115.1654
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI22A
FP Matterley Regular High Income C Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price100.3711
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI21Z
FP Matterley Regular High Income Inc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.08%
Bid price-
Offer price-
Mid price98.0685
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeOR44
Data provided by

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