Fact sheet: Gresham House Strategic

Fund information
Fund name
Gresham House Strategic Plc 50P
Fund manager company
Gresham House Asset Management
Fund type
Investment Trust
Fund manager
No data available.
Fund objective
To develop significant capital growth over the medium term.
Benchmark
  • No Specified Index
Investment style
Concentrated
Investment method
Shares
Quick stats
1 Year return
2%
1 Year rank in sector
18/18
Sector
IT UK Smaller Companies
Yield
-
Fund size
£30m
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.
121
Mid price
822.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
1103.3
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-25.45
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Rights & Issues IT69.2%
Chelverton Growth Trust plc61.6%
AberforthGeardIncTstPlc33.6%
Invesco Perp UK Sm Cos plc31.5%
River & Merc UK Micro Cap28.6%
...more in IT UK Smaller Companies

Performance snapshot

Holdings snapshot

  • UK67%
    Money Market33%
  • Money Market33%
    Software33%
    Media14.5%
    Financial Services8.3%
    Industrials8.1%
  • UK Equities67%
    Money Market33%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%9.3%-5.2%2%-5.6%48.5%
Sector5.5%14.5%15.3%24.9%28.6%116.5%
Rank within sector17 / 1816 / 1818 / 1818 / 1816 / 1615 / 16
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund5.8%-5.8%-2.9%-10.5%-1.6%
Sector8.4%4%25.3%-5.1%44.7%
Rank within sector15 / 1814 / 1817 / 1710 / 1616 / 16
Quartile4th4th4th3rd4th
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.
-1.75
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.
0.32
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.
-0.01
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%.
21.14
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.
22.11
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.
-0.39
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.
0.03
Price movement
52 week high867.5
52 week low747
Current bid price815
Current offer price830
Current mid price822.5
Region
1UK67%
2Money Market33%
Industry sector
1Money Market33%
2Software33%
3Media14.5%
4Financial Services8.3%
5Industrials8.1%
6Consumer Goods3.1%
Asset type
1UK Equities67%
2Money Market33%
Individual holdings
1IMIMOBILE PLC12.7%
2NORTHBRIDGE INDUSTRIAL SERVICES3.1%
3QUARTO GROUP INC2.7%
4BE HEARD GROUP PLC2.5%
5MITON GROUP PLC2.2%
6WARPAINT LONDON PLC1.2%
7MJ HUDSON (CONVERTIBLE LOAN NOTE)1%
Management
Fund manager group
SPARK Ventures
Fund manager company
Gresham House Asset Management
Fund type
Investment Trust
Fund objective
To develop significant capital growth over the medium term.
Benchmark
  • No Specified Index
Investment style
Concentrated
Investment method
Shares
Fund manager
No data available.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Gresham House Strategic Plc 50P
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 price1103.3
CurrencyGBX
Price updated17/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeNKFJ
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.