Fact sheet: Henderson Caut Mngd

Fund information
Fund name
Henderson Cautious Managed I Acc
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund managers
  • Stephen Paynesince 31/07/2016
  • John Pattullosince 23/07/2012
  • Chris Burvillsince 01/02/2003
  • Jenna Barnardsince 23/07/2012
Fund objective
The fund aims to provide income and long-term capital growth by investing in a combination of company shares and a range of bonds in any country. The fund will invest no more than 60% of its value in company shares.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
3.9%
1 Year rank in sector
172/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
3.2%
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.
0.71%
Fund size
£2,170m (£2,140m 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.
49
Mid price
220.7
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

  • UK70.7%
    Money Market16.1%
    USA7.7%
    Netherlands3.2%
    Ireland0.7%
  • Fixed Interest30.5%
    Money Market16.1%
    Financials12.9%
    Consumer Services10.1%
    Industrials5.9%
  • UK Equities48.8%
    UK Fixed Interest22%
    Money Market16.1%
    US Fixed Interest6.9%
    Dutch Equities3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%-1.9%4.3%3.9%11%42.4%
Sector-1.7%-0.6%6.3%7.1%14.8%35.7%
Rank within sector103 / 214170 / 213170 / 210172 / 204149 / 17359 / 144
Quartile2nd4th4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund5%0.4%4.3%14.6%11.9%
Sector7.6%1.2%5%9%8%
Rank within sector167 / 204136 / 190127 / 17516 / 16132 / 145
Quartile4th3rd3rd1st1st
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.
-0.58
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.
0.89
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.
0.08
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%.
5.17
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.
2.4
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.
-0.47
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.
0.79
Price movement
52 week high228
52 week low198.4
Current bid price-
Current offer price-
Current mid price220.7
Region
1UK70.75%
2Money Market16.07%
3USA7.73%
4Netherlands3.22%
5Ireland0.68%
6Germany0.57%
7South Africa0.37%
8Others0.33%
9France0.24%
Industry sector
1Fixed Interest30.46%
2Money Market16.09%
3Financials12.94%
4Consumer Services10.15%
5Industrials5.91%
6Health Care5.47%
7Oil & Gas5.1%
8Telecommunications4.64%
9Consumer Goods3.88%
Asset type
1UK Equities48.78%
2UK Fixed Interest21.97%
3Money Market16.07%
4US Fixed Interest6.92%
5Dutch Equities3.22%
6US Equities0.8%
7Irish Equities0.64%
8German Fixed Interest0.57%
9South African Fixed Interest0.37%
Individual holdings
1ROYAL DUTCH SHELL3.22%
2HSBC HLDGS3.08%
3UNITED STATES OF AMER TREAS NOTES 0.125% TB 15/07/24 USD10002.51%
4ASTRAZENECA PLC2.46%
5VODAFONE GROUP2.33%
6TREASURY 1.875% IDX LKD GILT 22/11/22 GBP2.02%
7BT GROUP1.96%
8BP1.88%
9RIO TINTO1.77%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund objective
The fund aims to provide income and long-term capital growth by investing in a combination of company shares and a range of bonds in any country. The fund will invest no more than 60% of its value in company shares.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Stephen Payne31/07/2016Stephen Payne, Manager of the Santander Enhanced, Dividend and Equity Income Portfolios, has 17 years’ experience in equity investments, mainly managing UK Equity Income funds. Prior to joining Santander Asset Management UK, Stephen worked for Corporate Synergy for two years where he was an analyst on the sell side. During this time, he carried out extensive research of High Yield Mid and Small Cap UK equities, with a specific focus on the Financial and Property sectors. Previously, Stephen was a Fund Manager at Teachers Investment Management for the UK Mid and Small Cap Equity funds. He also ran their Sovereign Income Unit Trust during this time. Stephen has also managed the UK Equity Income fund ranges at both Framlington Investments and Hill Samuel Asset Management. At Framlington, he managed three unit trusts and two investment trusts while, during his time at Hill Samuel, he headed up the income desk where he managed over £2.5 billion across a range of funds.
John Pattullo23/07/2012John Pattullo is the Co-Head of Strategic Fixed Income at Henderson. With more than 20 years of experience investing in the credit markets, John co-manages a number of funds with Jenna Barnard. Prior to joining Henderson in 1997, John spent four years as a chartered accountant at PricewaterhouseCoopers. John has an MA (Hons) in Economics from the University of St Andrews. He is a member of the Institute of Chartered Accountants of Scotland and an Associate Member of the Society of Investment Professionals.
Chris Burvill01/02/2003Chris Burvill joined Henderson in 2011 as Director of UK Equities. He came from Gartmore where he was Head of UK Equity Income. Previously, Chris was with Investec Asset Management where he spent 10 years managing a number of successful funds including the Temple Bar Investment Trust and the Investec Cautious Managed Fund from launch in 1993. Prior to this Chris was with Commercial Union, initially as a UK equities investment analyst, later becoming a fund manager in 1987. Chris graduated in Economics from University College Cardiff and in 1981 became a management trainee with National Mutual of Australia.
Jenna Barnard23/07/2012Jenna Barnard is Co-Head of Strategic Fixed Income, co-managing a number of funds alongside John Pattullo. Jenna joined Henderson in 2002 as a credit analyst and progressed to Credit Portfolio Manager in 2004. Prior to joining Henderson, Jenna worked as an investment analyst with Orbitex Investments. Jenna holds a first class BA (Hons) degree in Politics, Philosophy & Economics from Oxford University. She is a CFA charterholder, and an affiliate member of UKSIP. Jenna is a Member of the Society of Technical Analysts having passed the STA Diploma exam.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Spain, United Kingdom, Italy
Henderson Cautious Managed A Acc
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price247.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOP97
Henderson Cautious Managed A Hedged
Initial charge5%
Annual charge1.25%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.05
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM6DX
Henderson Cautious Managed A Inc
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price148.1
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeOP98
Henderson Cautious Managed C Acc
Initial charge5%
Annual charge0.5%
Min single investment£1,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)0.58%
Bid price-
Offer price-
Mid price671.1
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeWN67
Henderson Cautious Managed I Acc
Initial charge-
Annual charge0.63%
Min single investment£3,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price220.7
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0Z9P
Henderson Cautious Managed I Hedged Acc
Initial charge-
Annual charge0.63%
Min single investment£3,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.8164
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKQIB
Henderson Cautious Managed I Hedged EUR
Initial charge-
Annual charge0.63%
Min single investment£3,500,000
Min regular saving£12,000
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.17
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM6DW
Henderson Cautious Managed I Inc
Initial charge-
Annual charge0.63%
Min single investment£3,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price120.2
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0Z9Q
Henderson Cautious Managed M Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price131.5
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0RH2
Henderson Cautious Managed M Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.69%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price112.6
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0RH3
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