Fact sheet: First Trust TactHgYldUCIS

Fund information
Fund name
First Trust Tactical High Yield UCITS KI Inc USD
Fund manager company
First Trust
Fund type
No data available.
Fund manager
  • First Trust Advisorssince 02/12/2015
Fund objective
The First Trust Tactical High Yield UCITS Fund's (the "Fund") primary investment objective is to provide current income. The Fund has a secondary objective of capital appreciation.
Benchmark
  • BofA Merrill Lynch US High Yield Constrained Index
Investment style
High Yield
Investment method
None
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
FO Fixed Int - Global High Yield
Yield
-
Fund size
£17m
Top in this sector
Fund name1 Year
Franklin GblCorpHiYd33.2%
Pioneer SICV-Gbl Hi Yld30.6%
Natixis LoomsSyles HInc19.9%
T. Rowe Price GblHghIncBd12.6%
Nomura Gbl Hgh Yld Bd11.7%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • International100%
  • Media17.9%
    Health Care15.8%
    Leisure & Hotels9.8%
    Pharmaceuticals8.6%
    Real Estate4.6%
  • Global High Yield Fixed Interest100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-2.2%1%---
Sector-0.7%0.3%4.9%7.7%9.1%34%
Rank within sector69 / 8478 / 81----
Quartile4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector9.7%-2.5%1.4%5.2%15.5%
Rank within sector-----
Quartile
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 high51.89
52 week low49.34
Current bid price-
Current offer price-
Current mid price50.22
Region
1International100%
Industry sector
1Media17.91%
2Health Care15.81%
3Leisure & Hotels9.85%
4Pharmaceuticals8.63%
5Real Estate4.64%
6Oil & Gas4.58%
7Retail4.4%
8Paper - Packaging & Printing4.22%
9Foods3.47%
Asset type
1Global High Yield Fixed Interest100%
Individual holdings
1MORGAN STANLEY IBXXLLTR TRS 12/20/2016 RCV5.96%
2ZIGGO3.56%
3TENET HEALTHCARE CORP3.49%
4Valeant Pharmaceuticals International Inc ORD3.49%
5GRAY TELEVISION INC3.29%
6CEQUEL COMMUNICATIONS LLC (ALTICE US FINANCE I CORP.)3.18%
7CEMEX S.A.B DE C.V.2.71%
8NEXSTAR BROADCASTING, INC.2.5%
9CAESARS GROWTH PARTNERS LLC2.27%
Management
Fund manager group
First Trust
Fund manager company
First Trust
Fund type
No data available.
Fund objective
The First Trust Tactical High Yield UCITS Fund's (the "Fund") primary investment objective is to provide current income. The Fund has a secondary objective of capital appreciation.
Benchmark
  • BofA Merrill Lynch US High Yield Constrained Index
Investment style
High Yield
Investment method
None
Fund manager
NameSinceBiography
First Trust Advisors02/12/2015
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore
First Trust Tactical High Yield UCITS AA Acc USD
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN43A
First Trust Tactical High Yield UCITS AA Unhedged Acc EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN43B
First Trust Tactical High Yield UCITS IA Hedged Acc EUR
Initial charge5%
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price48.975
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNL4B
First Trust Tactical High Yield UCITS IA Inc USD
Initial charge5%
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£500,000
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price53.073
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN42X
First Trust Tactical High Yield UCITS IA Unhedged Acc EUR
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN42Y
First Trust Tactical High Yield UCITS IA Unhedged Acc GBP
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN42Z
First Trust Tactical High Yield UCITS KA Hedged Acc GBP
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN43C
First Trust Tactical High Yield UCITS KA Unhedged Acc GBP
Initial charge5%
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN43D
First Trust Tactical High Yield UCITS KI Hedged Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNL4C
First Trust Tactical High Yield UCITS KI Inc USD
Initial charge5%
Annual charge0.75%
Min single investment£500,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price50.219
CurrencyUSD
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN9AQ
Data provided by

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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.