Fact sheet: Henderson Inst NtAmIdxOp

Fund information
Fund name
Henderson Inst North American Index Opportunities A Acc
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund managers
  • Henderson Multi Strategy Equities Teamsince 01/01/2013
Fund objective
The Fund aims to deliver a return in excess of the FTSE customised North America Index, the “reference index”, (or such other index as may from time to time replace it) before management fees, while carefully controlling deviation from the reference index.The Fund will invest primarily in shares of North American companies included in the reference index. The Fund’s holdings are principally selected to replicate the components of the reference index. The index will not be identically replicated and this can lead to differences in performance. There are no restrictions on the size of the companies in which the Fund may invest. In addition to seeking to reflect the index, the fund manager will make use of investment strategies aimed at enhancing returns. These seek to generate returns based on differences in the prices of securities issued by, or associated with, companies that form part of the reference index. They can include, but are not limited to, liquidity strategies (investing in ‘blocks of stock’ at discounted prices), and relative value strategies (taking advantage of differences between the prices of securities related to the same company. Further details explaining the investment strategies are available on the Funds’ pages on our website (www.henderson.com).The Fund may invest the Scheme Property in transferable securities, money market instruments, derivatives and forward transactions, deposits and units in collective investment schemes. Derivatives and forward transactions may be used by the fund for investment purposes, in achieving the enhancements to the index return and for the purposes of efficient portfolio management.
Benchmark
  • FTSE World N America
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
29.6%
1 Year rank in sector
38/82
Sector
UT North America
Yield
0.7%
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.
0.7%
Fund size
£471m (£421m 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.
102
Mid price
1225.1254
Top in this sector
Fund name1 Year
VT De Lisle America54.2%
CF Canlife North American44.7%
Investec American42%
Aviva Inv US Equity Income40.8%
Aviva Inv US Eq Inc II40%
...more in UT North America

Performance snapshot

Holdings snapshot

  • North America100%
  • Financials19.7%
    Technology17.4%
    Consumer Services12.7%
    Health Care12.2%
    Industrials11.6%
  • North American Equities100%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.1%8.4%22.5%29.6%61.5%118.4%
Sector3%8.1%21.7%27.2%59.6%121.4%
Rank within sector55 / 8954 / 8751 / 8338 / 8246 / 7347 / 64
Quartile3rd3rd3rd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund28.9%3.1%18.8%27.4%7.1%
Sector26.6%4.9%17.8%30.5%6.9%
Rank within sector37 / 8260 / 8036 / 7356 / 6633 / 64
Quartile2nd3rd2nd4th3rd
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.
0.24
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.
1.04
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.
1.12
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%.
11.93
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.
2.04
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.
0.38
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.
0.97
Price movement
52 week high1234.76
52 week low855.61
Current bid price-
Current offer price-
Current mid price1225.13
Region
1North America100%
Industry sector
1Financials19.7%
2Technology17.4%
3Consumer Services12.7%
4Health Care12.2%
5Industrials11.6%
6Consumer Goods10.2%
7Oil & Gas7.8%
8Utilities3.3%
9Telecommunications2.6%
Asset type
1North American Equities100%
Individual holdings
1APPLE INC3%
2MICROSOFT CORP2.2%
3EXXON MOBIL CORP1.7%
4JOHNSON & JOHNSON1.6%
5AMAZON.COM INC1.5%
6FACEBOOK INC1.4%
7GENERAL ELECTRIC CO.1.3%
8ALPHABET INC1.2%
9JPMORGAN CHASE & CO1.2%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
OEIC
Fund objective
The Fund aims to deliver a return in excess of the FTSE customised North America Index, the “reference index”, (or such other index as may from time to time replace it) before management fees, while carefully controlling deviation from the reference index.The Fund will invest primarily in shares of North American companies included in the reference index. The Fund’s holdings are principally selected to replicate the components of the reference index. The index will not be identically replicated and this can lead to differences in performance. There are no restrictions on the size of the companies in which the Fund may invest. In addition to seeking to reflect the index, the fund manager will make use of investment strategies aimed at enhancing returns. These seek to generate returns based on differences in the prices of securities issued by, or associated with, companies that form part of the reference index. They can include, but are not limited to, liquidity strategies (investing in ‘blocks of stock’ at discounted prices), and relative value strategies (taking advantage of differences between the prices of securities related to the same company. Further details explaining the investment strategies are available on the Funds’ pages on our website (www.henderson.com).The Fund may invest the Scheme Property in transferable securities, money market instruments, derivatives and forward transactions, deposits and units in collective investment schemes. Derivatives and forward transactions may be used by the fund for investment purposes, in achieving the enhancements to the index return and for the purposes of efficient portfolio management.
Benchmark
  • FTSE World N America
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Henderson Multi Strategy Equities Team01/01/2013Henderson Multi Strategy Team is responsible for Henderson's proprietary multi strategy process and index funds. This team consists of nine investment professionals, located in London and Singapore, with a combined total of over 100 years of experience.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Henderson Inst North American Index Opportunities A Acc
Initial charge5%
Annual charge0.5%
Min single investment£5,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.7%
Total expense ratio (TER)1.76%
Bid price-
Offer price-
Mid price1225.1254
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH390
Henderson Inst North American Index Opportunities I Acc
Initial charge-
Annual charge0.3%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)0.79%
Bid price-
Offer price-
Mid price1374.1938
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH028
Henderson Inst North American Index Opportunities Y Acc
Initial charge-
Annual charge0.75%
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)0.77%
Bid price-
Offer price-
Mid price257.0739
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH029
Henderson Inst North American Index Opportunities Z Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.04%
Total expense ratio (TER)0.04%
Bid price-
Offer price-
Mid price379.4983
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeH030
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