Fact sheet: HL MMgrEq&Bd

Fund information
Fund name
HL Multi Manager Equity & Bond A Acc
Fund manager company
Hargreaves Lansdown Fund Mgmt
Fund type
Unit Trust
Fund managers
  • David J Smithsince 01/02/2008
  • Lee Gardhousesince 01/06/2006
Fund objective
The investment objective of the Trust is to provide income and capital growth.
Benchmark
  • FTSE All Share
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
6.5%
1 Year rank in sector
123/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
2.3%
Fund size
£233m (£194m 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.
50
Bid price
158.26
Offer price
166.36
Top in this sector
Fund name1 Year
S&W The Magpie18.8%
AXA Global Distribution17.8%
SVS TPI Balanced 216.3%
S&W Wessex15.2%
HSBC Open Global Return14.7%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK42.4%
    Not Specified37.1%
    Money Market9%
    Japan4.7%
    Europe3.5%
  • No data available.
  • UK Equities38.4%
    Global Fixed Interest28.6%
    Hedge18.6%
    Asia Pacific Equities6.1%
    Japanese Equities3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-0.4%6.3%6.5%19.6%54.9%
Sector-1.7%-0.6%6.3%7.1%14.8%35.7%
Rank within sector40 / 214105 / 213109 / 210123 / 20437 / 17312 / 144
Quartile1st2nd3rd3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund6.7%5.1%5.9%14.3%12.4%
Sector7.6%1.2%5%9%8%
Rank within sector130 / 20416 / 19069 / 17518 / 16122 / 145
Quartile3rd1st2nd1st1st
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.
0.64
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.
1.1
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.
0.46
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%.
5.99
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.
2.02
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.
0.54
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.
0.89
Price movement
52 week high161.67
52 week low138.62
Current bid price158.26
Current offer price166.36
Current mid price-
Region
1UK42.36%
2Not Specified37.09%
3Money Market8.97%
4Japan4.74%
5Europe3.46%
6Asia Pacific2.31%
7USA1.04%
8Global Emerging Markets0.02%
Industry sector
No data available.
Asset type
1UK Equities38.35%
2Global Fixed Interest28.6%
3Hedge18.6%
4Asia Pacific Equities6.05%
5Japanese Equities3.86%
6European Equities2.54%
7Money Market2%
Individual holdings
1CF WOODFORD EQUITY INCOME14.85%
2ARTEMIS INCOME I ACC6.59%
3INVESCO PERPETUAL TACTICAL INC6.26%
4JUPITER ASIAN INCOME6.18%
5JOHCM UK EQUITY INCOME A ACC5.69%
6FIDELITY MONEYBUILDER INC5.26%
7ARTEMIS STRATEGIC ASSETS ACC5.06%
8MARLBOROUGH MULTI CAP INCOME5%
9M&G OPTIMAL INCOME STL4.91%
Management
Fund manager group
Hargreaves Lansdown
Fund manager company
Hargreaves Lansdown Fund Mgmt
Fund type
Unit Trust
Fund objective
The investment objective of the Trust is to provide income and capital growth.
Benchmark
  • FTSE All Share
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
David J Smith01/02/2008David holds a BSc (Hons) degree in Statistics, Computing, Operational Research and Economics from University College London and an MSc in Financial Economics from Loughborough University. David also holds a variety of professional qualifications, including the Investment Management Certificate, and is a Chartered Alternative Investment Analyst (CAIA) charterholder. David has been co-manager of the HL Multi-Manager Equity & Bond Trust since February 2008 and the HL MM Balanced Managed Trust since July 2008. He has been co-manager of the HL MM Strategic Bond Trust since its launch in February 2009 and the HL MM Asia & Emerging Markets Fund since its launch in April 2015.
Lee Gardhouse01/06/2006Lee is the manager of the HL Multi-Manager Balanced Managed Trust, the HL Multi-Manager Cautious Managed Trust, the HL Multi-Manager Special Situations Trust, the HL Multi-Manager Income & Growth Portfolio Trust and the HL Multi-Manager Strategic Bond Trust. He holds a BA Hons degree in Economics from Liverpool John Moores University. Lee has been part of the investment team at Hargreaves Lansdown since 1995, specialising in the Investment Trust and Multi-manager arenas. He passed the Associate of the Society of Investment Professionals exam.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
HL Multi Manager Equity & Bond A Acc
Initial charge5%
Annual charge0.75%
Min single investment£100
Min regular saving£25
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price158.26
Offer price166.36
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH452
HL Multi Manager Equity & Bond A Inc
Initial charge5%
Annual charge0.75%
Min single investment£100
Min regular saving£25
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)1.4%
Bid price113.9
Offer price119.74
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeH453
HL Multi Manager Equity & Bond M Acc
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price158.27
Offer price166.37
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM5OV
HL Multi Manager Equity & Bond M Inc
Initial charge5%
Annual charge0.75%
Min single investment£2,500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price113.91
Offer price119.74
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM5OW
Data provided by

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