Fact sheet: Henderson UK Strategic Income

Fund information
Fund name
Henderson UK Strategic Income Inc
Fund manager company
Henderson Global Investors Ltd
Fund type
Unit Trust
Fund managers
  • Henderson Multi-Asset Teamsince 29/06/2014
Fund objective
To achieve a high level of income. The fund will invest principally in the UK in a managed portfolio of investment trust shares and other closed-ended vehicles.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
8.5%
1 Year rank in sector
158/277
Sector
UT UK All Companies
Yield
3.1%
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.
1.71%
Fund size
£12m (£13m 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.
73
Bid price
11.33
Offer price
11.94
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry52.3%
UBS UK Opportunities31.1%
Schroder Recovery30.1%
Charity Equity28.2%
Schroder Specialist Value UK Equ27.5%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%-0.1%8.4%8.5%20.1%54.4%
Sector2.4%0.3%7.9%9.5%17%61.6%
Rank within sector201 / 285157 / 283135 / 281158 / 277103 / 263180 / 251
Quartile3rd3rd2nd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund7.1%6.3%3.1%14.7%15.8%
Sector8.2%3.7%0.6%25.7%14.8%
Rank within sector159 / 278107 / 26966 / 264256 / 257102 / 251
Quartile3rd2nd1st4th2nd
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.
0.57
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.
0.87
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.
0.14
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%.
8.88
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.
3.53
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.
-0.02
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.
0.86
Price movement
52 week high11.64
52 week low9.65
Current bid price11.33
Current offer price11.94
Current mid price-
Region
1UK97.8%
2Money Market2.2%
Industry sector
1Financials97.8%
2Money Market2.2%
Asset type
1UK Equities97.8%
2Money Market2.2%
Individual holdings
1PERPETUAL INCOME AND GROWTH INVESTMENT TRUST PLC7.4%
2TROY INCOME AND GROWTH7%
3CITY OF LONDON INVESTMENT GROUP6.3%
4TEMPLE BAR IN ORD GBP0.256.2%
5FOREIGN & COLONIAL INVEST TR TRUST6%
6EDINBURGH INVESTMENT TRUST5.9%
7WITAN INVESTMENT TRUST PLC5.2%
8FINSBURY GROWTH & INCOME TRUST PLC5.1%
9RIT CAPITAL PARTNERS5.1%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
Unit Trust
Fund objective
To achieve a high level of income. The fund will invest principally in the UK in a managed portfolio of investment trust shares and other closed-ended vehicles.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Henderson Multi-Asset Team29/06/2014The Henderson Multi-Asset Team is a dozen strong and its members have, on average, 15 years' investment industry experience. The team manages portfolios that invest across a broad array of asset classes, ordinarily through investment in other funds but also via direct securities and derivative instruments where appropriate. Its members support a range of skills, from strategic and economic assessment, through quantitative analysis and asset allocation, to individual fund and security selection. Whilst individuals have certain specialist roles, they are each tasked with ensuring that the team's views are properly embedded in the funds.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Henderson UK Strategic Income Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.68%
Bid price11.33
Offer price11.94
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN765
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