Fact sheet: Halifax UK Growth

Fund information
Fund name
Halifax UK Growth C
Fund manager company
HBOS Investment Fd Mgrs Ltd
Fund type
OEIC
Fund managers
  • Quantitative Investment Teamsince 29/09/2007
Fund objective
To achieve long term capital growth by investing predominantly in a portfolio of companies which are part of the FTSE All Share Index (the “Index”). The Fund seeks to deliver performance, before deduction of management fees, in excess of the Index with a similar level of overall volatility, over the long term. The Fund may only take limited positions away from the Index. This means there are limitations on the extent to which the Fund’s investment in various sectors* may differ to the Index. These limited positions can be more than is held in the Index (overweight) or less than is held in the Index (underweight). * A sector is a business area, industry or economy which shares the same characteristics. Company shares are typically grouped into different sectors depending on the company’s business, for example travel and leisure or telecommunications.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
12.7%
1 Year rank in sector
103/277
Sector
UT UK All Companies
Yield
2%
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.
1.53%
Fund size
£4,652m (£4,917m 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.
94
Mid price
69.88
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry52.3%
UBS UK Opportunities31.1%
Schroder Recovery30.1%
Charity Equity28.2%
Schroder Specialist Value UK Equ27.5%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK100%
  • Financials18.9%
    Consumer Goods17.9%
    Equities12.4%
    Oil & Gas10.3%
    Consumer Services10%
  • UK Equities97.8%
    Money Market2%
    Futures0.1%
    Global High Yield Fixed Interest0.1%
    Property0%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%0.7%9.6%12.7%15.5%49%
Sector2.4%0.3%7.9%9.5%17%61.6%
Rank within sector195 / 285123 / 283116 / 281103 / 277186 / 263202 / 251
Quartile3rd2nd2nd2nd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund11.2%1.2%-0.7%20.1%11.8%
Sector8.2%3.7%0.6%25.7%14.8%
Rank within sector107 / 278182 / 269203 / 264214 / 257183 / 251
Quartile2nd3rd4th4th3rd
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.
-0.82
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
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.
0.04
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%.
10.04
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.
3.18
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.
-0.27
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.
0.9
Price movement
52 week high71.82
52 week low55.51
Current bid price-
Current offer price-
Current mid price69.88
Region
1UK100%
Industry sector
1Financials18.9%
2Consumer Goods17.91%
3Equities12.44%
4Oil & Gas10.25%
5Consumer Services10.01%
6Industrials8.27%
7Health Care7.45%
8Basic Materials7.4%
9Utilities3.52%
Asset type
1UK Equities97.8%
2Money Market2%
3Futures0.14%
4Global High Yield Fixed Interest0.05%
5Property0.02%
Individual holdings
1HSBC HLDGS4.23%
2ROYAL DUTCH SHELL3.49%
3BRITISH AMERICAN TOBACCO3.48%
4BP3.08%
5ROYAL DUTCH SHELL2.94%
6RECKITT BENCKISER GROUP PLC2.84%
7ICE FTSE 100 DEC16 FUTURE (EXP 16/12/16)2.83%
8GLAXOSMITHKLINE2.69%
9VODAFONE GROUP2.58%
Management
Fund manager group
HBOS
Fund manager company
HBOS Investment Fd Mgrs Ltd
Fund type
OEIC
Fund objective
To achieve long term capital growth by investing predominantly in a portfolio of companies which are part of the FTSE All Share Index (the “Index”). The Fund seeks to deliver performance, before deduction of management fees, in excess of the Index with a similar level of overall volatility, over the long term. The Fund may only take limited positions away from the Index. This means there are limitations on the extent to which the Fund’s investment in various sectors* may differ to the Index. These limited positions can be more than is held in the Index (overweight) or less than is held in the Index (underweight). * A sector is a business area, industry or economy which shares the same characteristics. Company shares are typically grouped into different sectors depending on the company’s business, for example travel and leisure or telecommunications.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Quantitative Investment Team29/09/2007
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Halifax UK Growth C
Initial charge-
Annual charge1.35%
Min single investment£500
Min regular saving£50
Available in ISAYes
Ongoing charge (OCF)1.53%
Total expense ratio (TER)1.51%
Bid price-
Offer price-
Mid price69.88
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHJ75
Halifax UK Growth F
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.25%
Bid price-
Offer price-
Mid price36.89
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeASF0
Halifax UK Growth 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 price37.66
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeASF1
Halifax UK Growth 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 codeNGGA
Halifax UK Growth 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 codeNGGB
Halifax UK Growth 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 codeNGGC
Data provided by

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