Fact sheet: FP Thoroughbred Core Alpha

Fund information
Fund name
FP Thoroughbred Core Alpha B
Fund manager company
Fund Partners Ltd
Fund type
OEIC
Fund managers
  • Scott Bradshawsince 02/01/2015
  • Simon Gibsonsince 03/03/2009
  • Dale Inmansince 03/03/2009
Fund objective
The Fund aims to achieve long-term capital growth by the active management of a global multi-asset portfolio.
Benchmark
  • IA Mixed Investment 40%-85% Shares
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
7.2%
1 Year rank in sector
232/268
Sector
UT Mixed Investment 40%-85% Shares
Yield
0%
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.
1.34%
Fund size
£54m (£52m 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.
43
Mid price
184.39
Top in this sector
Fund name1 Year
Orbis Gbl Bal38%
HSBC Wld Seltn Advntr Pfl24.5%
FP MA DRP VIII23.9%
SVS TPI Aggressive 123.5%
SVS TPI Growth 222.7%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • Not Specified47%
    Money Market14%
    UK10.4%
    Japan6.4%
    Asia Pacific ex Japan6%
  • Alternative Assets11%
    Gold7.1%
    Industrials6.5%
    Financials6.2%
    Hedge5%
  • Money Market13.7%
    Hedge12.4%
    International Equities11.8%
    Physical Property11.6%
    UK Equities10.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%0.2%5.1%7.2%16.8%44.7%
Sector0%0.7%8.9%10.8%20.8%46.4%
Rank within sector216 / 280178 / 279249 / 276232 / 268202 / 240138 / 207
Quartile4th3rd4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund7.2%2.8%4.4%14.3%11.5%
Sector10.7%2.2%5%13.5%9%
Rank within sector229 / 268112 / 252174 / 242117 / 22460 / 207
Quartile4th2nd3rd3rd2nd
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.
0.57
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.
0.75
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.
0.29
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%.
5.63
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.
2.66
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.
-0.33
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.
0.87
Price movement
52 week high189.78
52 week low162.08
Current bid price-
Current offer price-
Current mid price184.39
Region
1Not Specified46.96%
2Money Market13.95%
3UK10.41%
4Japan6.43%
5Asia Pacific ex Japan5.95%
6North America4.85%
7Europe4.27%
8Others3.95%
9China3.23%
Industry sector
1Alternative Assets10.98%
2Gold7.14%
3Industrials6.54%
4Financials6.19%
5Hedge5.01%
6Information Technology3.72%
7Water3.63%
8Health Care3.5%
9Consumer Discretionary3.17%
Asset type
1Money Market13.65%
2Hedge12.37%
3International Equities11.75%
4Physical Property11.63%
5UK Equities10.22%
6Global Fixed Interest7.71%
7Asia Pacific ex Japan Equities7.03%
8Japanese Equities6.42%
9Commodity & Energy6.11%
Individual holdings
No data available.
Management
Fund manager group
IFDS Managers
Fund manager company
Fund Partners Ltd
Fund type
OEIC
Fund objective
The Fund aims to achieve long-term capital growth by the active management of a global multi-asset portfolio.
Benchmark
  • IA Mixed Investment 40%-85% Shares
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Scott Bradshaw02/01/2015Scott Bradshaw is the Assistant Fund Manager and has worked within the Thoroughbred Funds team since 2010. Scott holds the CII Certificate in Investment Operations and is a member of the Mattioli Woods Fund Selection Committee.
Simon Gibson03/03/2009Simon Gibson has 25 years investing experience, the last 21 of these in advisory/discretionary portfolios for private clients. IMC qualified, he is a Director of Atkinson Bolton Consulting (ABC), heading the asset allocation team, and is assisted in this fund by Dale Inman, both being key members of the ABC Investment Committee.
Dale Inman03/03/2009Dale Inman is the Assistant Fund manager and has worked with Simon for over & years, working on the portfolio fund since launch.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
FP Thoroughbred Core Alpha B
Initial charge-
Annual charge0.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price184.39
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEQH7
FP Thoroughbred Core Alpha C
Initial charge-
Annual charge0.25%
Min single investment£20,000
Min regular saving£5,000
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price-
Offer price-
Mid price198.53
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEQH8
Data provided by

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