Fact sheet: GVQ UK Focus

Fund information
Fund name
GVQ UK Focus I Inc
Fund manager company
GVQ Investment Management
Fund type
OEIC
Fund managers
  • Jeff Harrissince 30/04/2014
  • Jamie Seatonsince 31/03/2009
Fund objective
The GVQ UK Focus Fund (the “Fund”) invests in the equity of up to 35 UK quoted companies which have been identified as undervalued using private equity based valuation techniques. The Fund is not constrained by market indices and aims to maximise returns for investors over the medium term.
Benchmark
  • FTSE All Share
Investment style
Concentrated
Investment method
Shares
Quick stats
1 Year return
6.3%
1 Year rank in sector
-
Sector
FO Equity - UK
Yield
2.4%
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.
0.95%
Fund size
£392m (£327m 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.
88
Top in this sector
Fund name1 Year
Old Mutual UK SmCos Fcus19.9%
Boost FTSE 100 3x LD ETP17.6%
Boost FTSE 100 2x LD ETP14.5%
Majedie UK Equity12.2%
UK Autocall11.5%
...more in FO Equity - UK

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%1.6%10.1%6.3%22.8%111%
Sector-1.5%-0.5%5.3%3.5%12.6%54.2%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund6.2%6.7%6%44.2%19.6%
Sector4.3%4.9%1%23.7%12.3%
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.
2.72
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.
1.09
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.
0.36
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%.
11.04
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.
5.47
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.
0.53
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.
0.75
Price movement
52 week high29.79
52 week low23.45
Current bid price-
Current offer price-
Current mid price28.52
Region
1UK96.01%
2Money Market3.99%
Industry sector
No data available.
Asset type
1UK Equities96.01%
2Money Market3.99%
Individual holdings
1SHIRE PLC9.2%
2ABERDEEN ASSET MANAGEMENT PLC8.84%
3JUPITER FUND MANAGEMENT PLC ORD GBP0.028.02%
4SKY PLC7.2%
5NUMIS CORP6.14%
6BBA AVIATION PLC5.02%
7BURBERRY GROUP4.78%
8DAILY MAIL & GENERAL TRUST `A`ORD NON VTG GBP0.1254.65%
9AA PLC4.57%
Management
Fund manager group
SVG
Fund manager company
GVQ Investment Management
Fund type
OEIC
Fund objective
The GVQ UK Focus Fund (the “Fund”) invests in the equity of up to 35 UK quoted companies which have been identified as undervalued using private equity based valuation techniques. The Fund is not constrained by market indices and aims to maximise returns for investors over the medium term.
Benchmark
  • FTSE All Share
Investment style
Concentrated
Investment method
Shares
Fund managers
NameSinceBiography
Jeff Harris30/04/2014Jeff joined GVQ Investment Management in 2012 as an Analyst. He was appointed Assistant Manager in May 2014. He fulfills this role for both GVQ’s Unconstrained and Strategic Funds. Prior to joining he worked at PricewaterhouseCoopers within the Transaction Services Team on a number of private equity and corporate transactions. Jeff holds the ACA qualification.
Jamie Seaton31/03/2009Jamie was appointed CEO of GVQIM in May 2014. He is Fund Manager of both the GVQ UK Focus Fund (since April 2009) and GVQ Opportunities Fund (launched October 2014). Prior to this, Jamie was an equities analyst for GVQIM, and its first recruit following its formation. Previously he was an Investment Manager at Rothschild Asset Management and worked at Goldman Sachs. Jamie holds the CFA and IMC qualifications.
Compliance
Transparent for Swiss Tax, Distributor Status, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
GVQ UK Focus A Inc
Initial charge3%
Annual charge1.25%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)1.43%
Bid price-
Offer price-
Mid price27.784
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZW92
GVQ UK Focus I Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price28.52
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeZW37
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.