Fact sheet: Kames UK Equity Income

Fund information
Fund name
Kames UK Equity Income A Ret Acc
Fund manager company
Kames Capital
Fund type
OEIC
Fund managers
  • Douglas Scottsince 29/06/2009
  • Iain Wellssince 29/06/2009
Fund objective
The investment objective is to achieve an income return in excess of typical income returned from UK Equity markets.
Benchmark
  • Investment Association UK Equity Income sector median
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
17.7%
1 Year rank in sector
-
Sector
UT UK Equity Income
Yield
4.3%
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.
1.59%
Fund size
£53m (£33m 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.
87
Mid price
234.72
Top in this sector
Fund name1 Year
UBS UK Equity Income45.9%
Scot Wid Fdmtl Index UK Equity39.6%
JOHCM UK Equity Income30%
SVS Church House DeepValInvts28.8%
HC Charteris Prem Inc28.3%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK98.8%
    Money Market1.2%
  • Financials25.1%
    Consumer Services20.4%
    Industrials12.3%
    Consumer Goods10.6%
    Oil & Gas9.3%
  • UK Equities98.8%
    Money Market1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%7.8%4.8%17.7%24%60.9%
Sector0.9%7%5.6%18.9%19.3%61.2%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund3.4%8%9.4%1.6%23.4%
Sector2.6%9.1%4.9%2.8%24.8%
Rank within sector-----
Quartile
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.
0.75
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.
1.05
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%.
9.49
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.
2.17
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.
0.49
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.
0.95
Price movement
52 week high234.85
52 week low198.24
Current bid price-
Current offer price-
Current mid price234.72
Region
1UK98.8%
2Money Market1.2%
Industry sector
1Financials25.1%
2Consumer Services20.4%
3Industrials12.3%
4Consumer Goods10.6%
5Oil & Gas9.3%
6Health Care7%
7Telecommunications6.8%
8Basic Materials5.9%
9Utilities1.5%
Asset type
1UK Equities98.8%
2Money Market1.2%
Individual holdings
1HSBC HLDGS5.61%
2BRITISH AMERICAN TOBACCO4.95%
3IMPERIAL BRANDS PLC4.21%
4ROYAL DUTCH SHELL4.15%
5ASTRAZENECA PLC3.64%
6RELX PLC3.59%
7LEGAL & GENERAL GROUP3.33%
8AVIVA3.28%
9GLAXOSMITHKLINE3.05%
Management
Fund manager group
Kames Capital
Fund manager company
Kames Capital
Fund type
OEIC
Fund objective
The investment objective is to achieve an income return in excess of typical income returned from UK Equity markets.
Benchmark
  • Investment Association UK Equity Income sector median
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Douglas Scott29/06/2009Douglas Scott is an investment manager in the UK Equities team with responsibility for managing several equity income funds, including the Kames Global Equity Income Fund and Kames UK Equity Income Fund. In addition, Douglas has analysis duties for the tobacco, real estate, telecoms, beverages and oil services sectors. He joined us in 2003 from Investec where he was a stockbroker specialising in the telecoms sector and, prior to that, worked for TRW and Abbey National in their UK equity teams. Douglas has a 1st Class Honours degree in Aeronautical Engineering from the University of Glasgow, a Diploma in Actuarial Science from the Heriot-Watt University.
Iain Wells29/06/2009Iain Wells is an investment manager in the UK Equities team with responsibility for managing several equity income funds, including the Kames UK Equity Income Fund. In addition, Iain has analysis duties for the insurance, general retail, engineering and paper & packaging sectors. He joined us in 1996 from Edinburgh Fund Managers where he was an investment manager and, prior to that, worked for Dunedin Fund Managers on the Asian equities desk. Iain studied Business Studies and Accounting at the University of Edinburgh and has an MBA.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Kames UK Equity Income A Ret Acc
Initial charge2.5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price234.72
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFGX7
Kames UK Equity Income A Ret Inc
Initial charge2.5%
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.61%
Bid price-
Offer price-
Mid price172.55
CurrencyGBX
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFGX8
Kames UK Equity Income B Inst Acc
Initial charge-
Annual charge0.6%
Min single investment£2,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price245.19
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFGX9
Kames UK Equity Income B Inst Inc
Initial charge-
Annual charge0.6%
Min single investment£2,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price180.26
CurrencyGBX
Price updated20/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFGY0
Data provided by

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