Fact sheet: HC KB Enterprise Fixed Income

Fund information
Fund name
HC KB Enterprise Fixed Income A Acc
Fund manager company
Host Capital Limited
Fund type
OEIC
Fund manager
  • Mark Ablesince 16/08/2015
Fund objective
To produce returns by way of income with the possibility of capital growth with low volatility through a diversified portfolio of predominantly bonds and Government securities.
Benchmark
  • Barclays Sterling Aggregate Bond
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
3.7%
1 Year rank in sector
55/77
Sector
UT Sterling Strategic Bond
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.
1.13%
Fund size
£55m (£51m 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.
24
Mid price
127.29
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc10.5%
Fidelity I Stg Cr + Bd10.4%
Fidelity UK Inv Grd Lg Cr9.4%
Legg Mason IFBrwiGlInOp8.6%
Fidelity Pre-Retirmnt Bd8.5%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%-3.2%1.6%3.7%11.6%17.2%
Sector-1.2%-3.2%2.7%4.7%12.4%32.6%
Rank within sector22 / 8345 / 8270 / 8255 / 7742 / 7157 / 60
Quartile2nd3rd4th3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund4.7%-1%8.6%-4.1%6.3%
Sector5.7%-0.3%6.8%2.6%12.6%
Rank within sector50 / 7760 / 7425 / 7263 / 6457 / 61
Quartile3rd4th2nd4th4th
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.
-0.42
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.
0.99
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.
0.05
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%.
4.12
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.
2.54
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.
0.62
Price movement
52 week high131.83
52 week low121.55
Current bid price-
Current offer price-
Current mid price127.29
Region
No data available.
Industry sector
1AA+35.4%
2A-15.1%
3AAA13.2%
4AA8.3%
5BB+8.3%
6BBB-8%
7Unrated2.6%
8BBB+2.3%
9BB2.1%
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Host Capital
Fund manager company
Host Capital Limited
Fund type
OEIC
Fund objective
To produce returns by way of income with the possibility of capital growth with low volatility through a diversified portfolio of predominantly bonds and Government securities.
Benchmark
  • Barclays Sterling Aggregate Bond
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Mark Able16/08/2015Mark Able is the latest portfolio manager and Fellow of the Chartered Institute for Securities & Investments to join the investment specialists at Close. Responsible for the day-to-day management of a portfolio of discretionary investment management accounts, he is involved with the ongoing structural and operational developments of Close's investment offerings. With 23 years experience in managing both private and institutional monies, and specialising in fixed income and mutual funds analysis selection together with various operational roles, Mark is well placed to support the Jersey business. Mark has held previous positions at Insinger de Beaufort, Ashburton and Dexia Private Bank.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
HC KB Enterprise Fixed Income A Acc
Initial charge7%
Annual charge1%
Min single investment£50,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price127.29
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCB5
HC KB Enterprise Fixed Income A Inc
Initial charge7%
Annual charge1%
Min single investment£50,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price110.73
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNCB6
HC KB Enterprise Fixed Income B Acc
Initial charge7%
Annual charge1.25%
Min single investment£50,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price117.95
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCB7
HC KB Enterprise Fixed Income B Inc
Initial charge7%
Annual charge1.25%
Min single investment£50,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.37%
Bid price-
Offer price-
Mid price106.83
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNCB8
HC KB Enterprise Fixed Income C Acc
Initial charge7%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price118.06
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCB9
HC KB Enterprise Fixed Income C Inc
Initial charge7%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price106.91
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNCC0
Data provided by

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