Fact sheet: Henderson Money Market

Fund information
Fund name
Henderson Money Market Acc
Fund manager company
Henderson Global Investors Ltd
Fund type
Unit Trust
Fund managers
  • Angus Teathertonsince 30/06/2010
Fund objective
To provide a high level of return consistent with a high degree of capital security.The Fund will invest principally in short term deposits and other money-market instruments.
Benchmark
  • IA Money Market
Investment style
None
Investment method
Deposits
Quick stats
1 Year return
0.3%
1 Year rank in sector
10/18
Sector
UT Money Market
Yield
0.2%
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.
0.31%
Fund size
£173m (£131m last year)
Top in this sector
Fund name1 Year
Thesis Motim10.8%
Royal London Enhncd Csh +0.9%
Federated Stg Csh +0.8%
F&C Short Duration Bond0.8%
Royal London Cash Plus0.5%
...more in UT Money Market

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0%0.1%0.3%0.7%1.5%
Sector-0.1%0%0.6%0.9%0.8%2.2%
Rank within sector9 / 1813 / 1810 / 1810 / 1811 / 179 / 14
Quartile2nd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.3%0.2%0.2%0.2%0.6%
Sector0.9%-0.2%0.2%1%0.4%
Rank within sector10 / 1811 / 1711 / 179 / 168 / 14
Quartile3rd3rd3rd3rd3rd
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.
0.19
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.
0.46
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.
-
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%.
0.03
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.
0.03
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.
4.42
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.
0.29
Price movement
52 week high145.25
52 week low144.82
Current bid price-
Current offer price-
Current mid price145.25
Region
1Money Market100%
Industry sector
1Certificates of Deposit100%
Asset type
1Money Market100%
Individual holdings
No data available.
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
Unit Trust
Fund objective
To provide a high level of return consistent with a high degree of capital security.The Fund will invest principally in short term deposits and other money-market instruments.
Benchmark
  • IA Money Market
Investment style
None
Investment method
Deposits
Fund managers
NameSinceBiography
Angus Teatherton30/06/2010Angus joined Henderson Global Investors in 2005 as a Money Market Dealer. He has over 22 years’ trading experience and over 25 years’ experience in the finance industry. Since joining Angus assisted with the management of Henderson’s Cash Funds, money market dealing, as well as the repo dealing for the Henderson Global Fixed Income Absolute Return Fund. He took over managing the Henderson Liquid Asset Fund, the Henderson Cash Fund and the Henderson Money Market Fund on 30th June 2010. Previously, he worked in several banks’ London Treasury departments, running a variety of different currency money market trading books, including both on and off-balance sheet products, as well as the management of bank liquidity and funding requirements. He also has FX trading and hedging experience..
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Henderson Money Market Acc
Initial charge-
Annual charge0.25%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.31%
Total expense ratio (TER)0.52%
Bid price-
Offer price-
Mid price145.25
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWX11
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.