Fact sheet: FP NewCapGblAlpha

Fund information
Fund name
FP New Capital Global Alpha Ret
Fund manager company
WAY Fund Managers
Fund type
OEIC
Fund manager
No data available.
Fund objective
The investment objective of the Fund is to deliver a consistent risk-adjusted return in all market environments over rolling 12 month periods. This gives the investment adviser the ability to maximise the returns available within a low to medium risk environment across all eligible asset classes. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over the rolling 12 month periods or in respect of any other period.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
4.3%
1 Year rank in sector
55/75
Sector
UT Mixed Investment 0%-35% 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.
1.92%
Fund size
£8m (£8m 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.
36
Mid price
111.94
Top in this sector
Fund name1 Year
BlackRock NURS II Consensus 3514.5%
SVS TPI Cautious 313.4%
Old Mutual Cirilium Cons11.7%
VT Turcan Connell Inc Pfl11.2%
CF PruDyFo0-30Pf10.6%
...more in UT Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Mutual Funds68.4%
    Money Market16%
    Others5.6%
    Exchange Traded Funds (ETF)5.5%
    Equities4.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-1.3%3.9%4.3%9.7%-
Sector-1.7%-1.3%4.4%5.7%12%25.8%
Rank within sector67 / 8338 / 8347 / 8155 / 7548 / 58-
Quartile4th2nd3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund5.2%0.5%3.3%--
Sector6.3%0.3%5.2%4.2%6.3%
Rank within sector52 / 7538 / 6150 / 58--
Quartile3rd3rd4th
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.
-0.85
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.
1.11
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.
0.06
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%.
4.79
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.
2.11
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.
-0.2
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.
0.81
Price movement
52 week high114.83
52 week low101.17
Current bid price-
Current offer price-
Current mid price111.94
Region
No data available.
Industry sector
No data available.
Asset type
1Mutual Funds68.4%
2Money Market16%
3Others5.64%
4Exchange Traded Funds (ETF)5.51%
5Equities4.46%
Individual holdings
1PIMCO GLOBAL INVESTMENT GRADE CREDIT INST HEDGED ACC GBP5.07%
2BlackRock Fixed Income Opps Z Acc4.39%
3INVESCO PERPETUAL CORPORATE BOND Z GR ACC4.12%
4M&G STRATEGIC CORPORATE BOND I ACC GBP4.11%
5ML IS MARSHALL WACE TOPS UCITS B ACC GBP4.06%
6ISHARES VII PLC3.72%
7BOUSSARD & GAVAUDAN SICAV ABSOLUTE RETURN Z GBP ACC3.5%
8DWS IV SYSTEMATIC ALPHA I1C-G GBP3.49%
9SKY HARBOR GLOBAL FUNDS US SHORT DURATION HIGH YLD A GBP INC HDG3.37%
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 deliver a consistent risk-adjusted return in all market environments over rolling 12 month periods. This gives the investment adviser the ability to maximise the returns available within a low to medium risk environment across all eligible asset classes. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over the rolling 12 month periods or in respect of any other period.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Fund manager
No data available.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
FP New Capital Global Alpha Inst
Initial charge-
Annual charge0.2%
Min single investment£5,000,000
Min regular saving£5,000,000
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price103.98
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJMQM
FP New Capital Global Alpha Ret
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.92%
Total expense ratio (TER)1.92%
Bid price-
Offer price-
Mid price111.94
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJMQL
Data provided by

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