Fact sheet: Halifax Cautious Managed

Fund information
Fund name
Halifax Cautious Managed C
Fund manager company
HBOS Investment Fd Mgrs Ltd
Fund type
OEIC
Fund managers
  • Mark Henzellsince 31/07/2011
  • Matthew Daviessince 30/06/2011
Fund objective
The Investment objective of the fund is to achieve long term growth by investing in a managed portfolio of equities investing mainly in the UK and fixed interest investments such as corporate bonds and gilts.
Benchmark
  • Composite
Investment style
Active,Balanced
Investment method
None
Quick stats
1 Year return
8.5%
1 Year rank in sector
69/204
Sector
UT Mixed Investment 20%-60% Shares
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.
1.5%
Fund size
£3,181m (£3,164m 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.
55
Mid price
42.6
Top in this sector
Fund name1 Year
AXA Global Distribution19.2%
S&W The Magpie18.8%
SVS TPI Balanced 216.1%
Investec Caut Mgd15.6%
Omnis Multi-Asset Income15.3%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • Fixed Interest44.1%
    Equities11.1%
    Financials9.5%
    Consumer Goods7.6%
    Money Market5.5%
  • UK Equities50.3%
    UK Fixed Interest44.1%
    Money Market5.5%
    Futures0.1%
    Global High Yield Fixed Interest0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-2.9%5.9%8.5%13.8%35.2%
Sector-0.7%-1%5.5%7.1%15.5%34.5%
Rank within sector53 / 214194 / 21386 / 21169 / 204123 / 17394 / 144
Quartile1st4th2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.9%-0.9%3.7%9.2%10%
Sector7.4%1.2%5%9%8%
Rank within sector67 / 204168 / 190146 / 175100 / 16160 / 145
Quartile2nd4th4th3rd2nd
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.
-1.55
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.
1.2
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.
0.09
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%.
6.65
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.
2.42
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.
-0.28
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 high44.47
52 week low36.81
Current bid price-
Current offer price-
Current mid price42.6
Region
No data available.
Industry sector
1Fixed Interest44.13%
2Equities11.12%
3Financials9.48%
4Consumer Goods7.63%
5Money Market5.45%
6Oil & Gas5.17%
7Health Care4.25%
8Industrials3.88%
9Consumer Services3.63%
Asset type
1UK Equities50.29%
2UK Fixed Interest44.13%
3Money Market5.45%
4Futures0.1%
5Global High Yield Fixed Interest0.02%
6Property0.01%
Individual holdings
1EQCMF CORPORATE BOND SUB-ACCOUNT43.03%
2SCOTTISH WIDOWS FUNDAMENTAL INDEX UK EQUITY X5.56%
3ABERDEEN GLOBAL LIQUIDITY (LUX) ULTRA SHORT DURATION STERLING Z2 ACC4.8%
4HSBC HLDGS2.33%
5BRITISH AMERICAN TOBACCO1.86%
6BP1.71%
7ROYAL DUTCH SHELL1.67%
8GLAXOSMITHKLINE1.62%
9ROYAL DUTCH SHELL1.52%
Management
Fund manager group
HBOS
Fund manager company
HBOS Investment Fd Mgrs Ltd
Fund type
OEIC
Fund objective
The Investment objective of the fund is to achieve long term growth by investing in a managed portfolio of equities investing mainly in the UK and fixed interest investments such as corporate bonds and gilts.
Benchmark
  • Composite
Investment style
Active,Balanced
Investment method
None
Fund managers
NameSinceBiography
Mark Henzell31/07/2011Mark is a member of the Multi-Asset Funds team. In addition, the team also run several multi-asset fund-of-fund portfolios, which include the Lloyds TSB mass market retail fund range. More recently Mark has been involved with the new wealth management business. Mark joined the group in 1996, initially as a desk dealer on the Far East and Japanese desks, before moving onto the global strategy team. He joined the balanced funds team in 2002.Previously, Mark worked at Baring Asset Management in London, initially on the graduate training programme, covering both Private Client Investments and Fixed Income securities. Mark has also spent time with Kleinwort Benson Securities with experience in the Eurobond and money markets.Mark holds a BSc (Hons) in Economics from Buckingham University, and an MPhil in Management, Economics and Politics from St Andrews University.
Matthew Davies30/06/2011Matthew Davies manages the Fund. Matthew joined SWIP in October 2006 and has 11 years' investment management experience, 7 of which have been gained at SWIP.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Halifax Cautious Managed C
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price42.6
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHW77
Halifax Cautious Managed F
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price37.01
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeASH3
Halifax Cautious Managed G
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price37.64
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeASH4
Halifax Cautious Managed P
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 price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGEG
Halifax Cautious Managed Q
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 price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGEH
Halifax Cautious Managed R
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 price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGEI
Data provided by

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