Fact sheet: Henderson Multi Manager Dist

Fund information
Fund name
Henderson Multi-Manager Distribution I Inc
Fund manager company
Henderson Global Investors Ltd
Fund type
Unit Trust
Fund managers
  • Chris Forgansince 01/01/2017
  • Nick Watsonsince 01/01/2017
  • Helen Bradshawsince 01/01/2017
  • Paul O'Connorsince 01/01/2017
Fund objective
The Fund aims to provide a sustainable level of income with the potential for some long term capital growth. The Fund will invest in a spread of authorised unit trusts and/or authorised companies which may be selected from those available in the whole market. The Fund may invest in funds investing outside the UK, while maintaining a core exposure to funds investing in the UK. The Fund may also invest in transferable securities including investment trusts, money market instruments, deposits, derivatives and forward transactions and unregulated collective investment schemes.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
12%
1 Year rank in sector
152/195
Sector
UT Mixed Investment 20-60% Shares
Yield
3%
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.
1.5%
Fund size
£121m (£187m 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.
50
Top in this sector
Fund name1 Year
S&W The Magpie28.7%
Omnis Multi-Asset Income25.6%
AXA Lifetime Distribution24.2%
Invesco Perp Eurpn High Inc23.8%
AXA Global Distribution23%
...more in UT Mixed Investment 20-60% Shares

Performance snapshot

Holdings snapshot

  • Not Specified23.7%
    International22.6%
    UK17.4%
    Money Market10.2%
    Europe ex UK9.2%
  • No data available.
  • UK Equities17.4%
    Global Government Fixed Interest13%
    Money Market10.2%
    International Equities9.6%
    Europe ex UK Equities9.2%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%1.6%5.8%12%18.8%46.5%
Sector1.6%2.3%6.5%14.5%20.3%42.7%
Rank within sector61 / 203151 / 201134 / 198152 / 195118 / 16974 / 142
Quartile2nd4th3rd4th3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.8%8.7%2.2%5.1%11.8%
Sector4.2%10.3%1.2%5%9%
Rank within sector124 / 200130 / 18968 / 17791 / 16347 / 152
Quartile3rd3rd2nd3rd2nd
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.
-0.29
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.
0.41
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%.
5.43
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.
1.45
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.
-0.21
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.
0.93
Price movement
52 week high123.4
52 week low110.6
Current bid price-
Current offer price-
Current mid price122.7
Region
1Not Specified23.7%
2International22.6%
3UK17.4%
4Money Market10.2%
5Europe ex UK9.2%
6North America5.8%
7Asia Pacific ex Japan4.7%
8Japan3.3%
9Global Emerging Markets3.1%
Industry sector
No data available.
Asset type
1UK Equities17.4%
2Global Government Fixed Interest13%
3Money Market10.2%
4International Equities9.6%
5Europe ex UK Equities9.2%
6Global Fixed Interest8.4%
7North American Equities5.8%
8Asia Pacific ex Japan Equities4.7%
9Global High Yield Fixed Interest4.1%
Individual holdings
1RWC ENHANCED INCOME B INC GBP6.06%
2ISHARES CORE UK GILTS UCITS GBP6.03%
3ARTEMIS INCOME (INC GBP)4.96%
4BLACKROCK CONTINENTAL EUROPEAN INCOME A INC GBP4.86%
5PIMCO GIS INCOME I INC USD4.54%
6CULLEN NORTH AMERICAN HIGH DIVIDEND VALUE EQUITY B INC USD4.43%
7THREADNEEDLE UK MONTHLY INCOME Z INC GBP4.42%
8ARTEMIS GLOBAL INCOME I INC4.26%
9INVESCO PERPETUAL EUROPEAN EQUITY INCOME ACC4.1%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
Unit Trust
Fund objective
The Fund aims to provide a sustainable level of income with the potential for some long term capital growth. The Fund will invest in a spread of authorised unit trusts and/or authorised companies which may be selected from those available in the whole market. The Fund may invest in funds investing outside the UK, while maintaining a core exposure to funds investing in the UK. The Fund may also invest in transferable securities including investment trusts, money market instruments, deposits, derivatives and forward transactions and unregulated collective investment schemes.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Chris Forgan01/01/2017Chris Forgan joined Henderson in 2005 from First State Investments where he was a Senior Performance Analyst covering areas such as performance attribution, risk analysis and portfolio analytics. Chris became a Fund Manager in 2010. Chris holds a BA (Hons) in Business & Marketing from the University of Northumbria and the Investment Management Certificate.
Nick Watson01/01/2017Nick Watson joined Henderson in 2007 as a Graduate Trainee. This involved a rotational programme across Global SRI Equities, Global Fixed Income Hedge Fund and Product and Business Support. In 2009, Nick became a Research and Insight Manager for the Product team and was responsible for identifying market trends and new product ideas. This included involvement in Henderson’s acquisitions of New Star and Gartmore. In July 2012, Nick became a Trainee Fund Manager for the Multi Asset team and is now a Fund Manager. Prior to joining Henderson, he worked in a back office data administration role for Fidelity International. Nick graduated with an honours degree from the University of Exeter in Economics. He also holds the Investment Management Certificate. He is also a CFA charterholder.
Helen Bradshaw01/01/2017Helen Bradshaw joined the Multi-Asset team in 2006 as a Trainee Fund of Funds Manager. She joined from Henderson’s product management team, where she had a particular focus on the Horizon and hedge fund ranges. In 2011 Helen became a Fund Manager. Helen holds a LLB Law degree from Exeter University, the LPC from the College of Law, Guildford and the Investment Management Certificate.
Paul O'Connor01/01/2017Paul O'Connor joined the Multi-Asset team in 2013 from Mercer, where he was Head of Asset Allocation (EMEA), responsible for asset allocation across all client portfolios in the region. He was also the lead manager on the Mercer Diversified Growth Fund. He joined Henderson to focus on asset allocation in the Multi-Asset team, with a particular focus on the Diversified Growth funds.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Henderson Multi-Manager Distribution A Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)2.31%
Total expense ratio (TER)2.43%
Bid price-
Offer price-
Mid price136.2
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTU55
Henderson Multi-Manager Distribution B Inc
Initial charge5%
Annual charge0.75%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.5
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJY6K
Henderson Multi-Manager Distribution I Inc
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)2.43%
Bid price-
Offer price-
Mid price122.7
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG5KL
Data provided by

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