Fact sheet: HL MMgrSplSits

Fund information
Fund name
HL Multi Manager Special Situations A Acc
Fund manager company
Hargreaves Lansdown Fund Mgmt
Fund type
Unit Trust
Fund managers
  • Lee Gardhousesince 02/04/2001
  • Roger Clarksince 31/05/2007
Fund objective
The investment objective of the Trust is to provide long term capital growth.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
14.4%
1 Year rank in sector
166/249
Sector
UT Global
Yield
0.5%
Fund size
£1,256m (£1,014m 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.
74
Bid price
309.81
Offer price
326.11
Top in this sector
Fund name1 Year
First State Gbl Resrcs60.8%
UBS FTSE RAFI Devlpd 1000 Idx38.3%
Orbis Gbl Eq37.7%
NFU Mutual Global Growth33.5%
Natixis HarsAsGblConcntdEq32.6%
...more in UT Global

Performance snapshot

Holdings snapshot

  • UK44.9%
    Asia Pacific14.8%
    Europe13.9%
    Japan11.7%
    USA10.2%
  • No data available.
  • International Equities92.5%
    Hedge7.3%
    Money Market0.2%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%2.4%12.9%14.4%30.9%84.6%
Sector-2.3%2.7%14.3%16.4%29.1%69.3%
Rank within sector136 / 265137 / 264164 / 258166 / 249122 / 22678 / 203
Quartile3rd3rd3rd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund13.6%8.2%5.8%22%15.5%
Sector16.4%3.4%6.7%19.7%9.9%
Rank within sector176 / 25239 / 242160 / 228108 / 21616 / 203
Quartile3rd1st3rd2nd1st
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.
1.52
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.
0.8
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.
0.7
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%.
9.02
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.
4.33
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.
-0.11
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.
0.81
Price movement
52 week high319.18
52 week low246.23
Current bid price309.81
Current offer price326.11
Current mid price-
Region
1UK44.9%
2Asia Pacific14.8%
3Europe13.9%
4Japan11.7%
5USA10.2%
6Global Emerging Markets4.3%
7Money Market0.2%
Industry sector
No data available.
Asset type
1International Equities92.5%
2Hedge7.3%
3Money Market0.2%
Individual holdings
1FINDLAY PARK AMERICAN GBP9.34%
2FP CRUX EUROPEAN SPECIAL SITS ACC9.04%
3FIRST STATE ASIA PACIFIC LEADERS ACC8.97%
4CF WOODFORD EQUITY INCOME8.73%
5MAJEDIE UK EQUITY A7.98%
6GLG JAPAN CORE ALPHA PROF ACC7.5%
7NEWTON REAL RETURN7.31%
8MARLBOROUGH UK MICRO CAP5.76%
9ABERDEEN ASIAN SMALLER COMPANIES SGD4.72%
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 long term capital growth.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Lee Gardhouse02/04/2001Lee 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.
Roger Clark31/05/2007Roger holds a BA Hons in Management and Statistics from the University of Exeter. Roger joined Hargreaves Lansdown in January 2004 and became a member of the investment team in January 2006. As well as carrying out quantitative analysis, Roger has been the co-manager of the HL Multi-Manager Special Situations Trust since June 2007. He has specialist responsibility for analysis of the European and emerging markets sectors as well as all boutique funds. Roger passed the Investment Management Certificate exam. He is a CAIA charterholder.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
HL Multi Manager Special Situations 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)1.48%
Bid price309.81
Offer price326.11
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHN20
HL Multi Manager Special Situations M Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price309.8
Offer price326.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM5OS
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.