Fact sheet: Henderson Inst High AlphUKEq

Fund information
Fund name
Henderson Inst High Alpha UK Equity Inst Acc
Fund manager company
Henderson Global Investors Ltd
Fund type
Unit Trust
Fund managers
  • Andrew Jonessince 30/11/2013
  • Graham Kitchensince 30/11/2013
  • David J Smithsince 30/11/2013
Fund objective
To generate returns in excess of the FTSE All Share Index by investing in UK equities to provide capital growth and income. The Fund may also invest in other transferable securities, money market instruments, deposits, units in collective investment schemes and derivatives for investment purposes as permitted under the UCITS Directive.
Benchmark
  • FTSE All Share
Investment style
Active,Growth
Investment method
Shares
Quick stats
1 Year return
15.8%
1 Year rank in sector
218/271
Sector
UT UK All Companies
Yield
3.8%
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.
0.77%
Fund size
£63m (£66m 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.
93
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry38.4%
Old Mutual Equity 133.6%
MI Chelverton UK Equ Grth33.5%
Old Mutual UK Mid Cap32.9%
R&M UK Equity Long Term Recovery31.3%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK99.7%
    Money Market0.3%
  • Financials24.2%
    Consumer Goods21%
    Consumer Services15.1%
    Health Care8.8%
    Oil & Gas7.1%
  • UK Equities99.7%
    Money Market0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%4.3%6.4%15.8%25.4%73.7%
Sector1.9%5.4%9.6%18.8%22.9%63.5%
Rank within sector241 / 279157 / 279225 / 275218 / 27197 / 25794 / 242
Quartile4th3rd4th4th2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.6%9.9%4.5%6.7%27.3%
Sector6%11.2%3.7%0.6%25.7%
Rank within sector227 / 277162 / 269127 / 26022 / 255109 / 248
Quartile4th3rd2nd1st2nd
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.
1.16
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.
0.47
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%.
9.56
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.
3.26
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.
0.35
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.
0.88
Price movement
52 week high170.4
52 week low138.1
Current bid price-
Current offer price-
Current mid price168.7
Region
1UK99.68%
2Money Market0.32%
Industry sector
1Financials24.21%
2Consumer Goods21%
3Consumer Services15.08%
4Health Care8.8%
5Oil & Gas7.12%
6Basic Materials6.88%
7Industrials5.67%
8Telecommunications5.34%
9Utilities4.13%
Asset type
1UK Equities99.68%
2Money Market0.32%
Individual holdings
1ROYAL DUTCH SHELL4.78%
2BRITISH AMERICAN TOBACCO4.74%
3ASTRAZENECA PLC4.18%
4DIAGEO3.88%
5IMPERIAL BRANDS PLC3.55%
6VODAFONE GROUP3.39%
7LLOYDS BANKING GROUP PLC3.06%
8HSBC HLDGS2.68%
9GLAXOSMITHKLINE2.66%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
Unit Trust
Fund objective
To generate returns in excess of the FTSE All Share Index by investing in UK equities to provide capital growth and income. The Fund may also invest in other transferable securities, money market instruments, deposits, units in collective investment schemes and derivatives for investment purposes as permitted under the UCITS Directive.
Benchmark
  • FTSE All Share
Investment style
Active,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Andrew Jones30/11/2013Andrew Jones joined Henderson in 2005 as a fund manager and is a member of the Global Equity Income team where he manages a number of retail and institutional mandates. Prior to joining Henderson, Andrew worked as a fund manager at Invesco Perpetual Asset Management where he started his career in 1995. Andrew graduated from Queens’ College, Cambridge University with a BA (Hons) in Economics and holds the Securities Institute Diploma.
Graham Kitchen30/11/2013Graham Kitchen joined Henderson in 2005 and is the Head of Equities. Prior to this, he was Head of UK Equities at Henderson and Threadneedle Investments following thirteen years at INVESCO Asset Management as a UK Fund Manager and Co-Head of Investment. Graham graduated from Lancaster University with a First Class BA (Hons) in History and then gained a master’s degree in Modern History from Oxford University. Graham is a member of AIMR and became a CFA charterholder in 1995.
David J Smith30/11/2013David joined Henderson in 2002, after graduating from Bristol University with a degree in Chemistry. After initially working in Operations, David moved to the role of trainee fund manager on the UK Equities team with sector responsibilities for media, travel & leisure and housebuilders. On becoming a CFA charterholder in 2008 he was promoted to the role of fund manager. He is currently the fund manager of an Investment Trust and a number of UK equity institutional funds as part of the Global Equity Income team.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Henderson Inst High Alpha UK Equity Inst Acc
Initial charge-
Annual charge0.7%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.77%
Bid price-
Offer price-
Mid price168.7
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAKN6
Henderson Inst High Alpha UK Equity Inst Inc
Initial charge-
Annual charge0.7%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.77%
Total expense ratio (TER)0.77%
Bid price-
Offer price-
Mid price153.2
CurrencyGBX
Price updated27/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeAKN7
Henderson Inst High Alpha UK Equity Z Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)0.77%
Bid price-
Offer price-
Mid price263.5
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK9I2
Data provided by

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