Fact sheet: Lemanik MHAmEnrDrllBtBrnrTp

Fund information
Fund name
Lemanik Miller Howard SICAV - American Energy Drill Bit to Burner Tip R USD
Fund manager company
Lemanik Asset Management S.A
Fund type
Offshore Fund
Fund manager
  • Miller Howard Investments Inc.since 16/06/2014
Fund objective
The Fund seeks to achieve its investment objective by investing in the listed equity securities of the expected beneficiaries in the North American Energy sector, investing in not only direct beneficiaries such as energy producers and transporters, but also derivative beneficiaries such as manufacturing and services sector companies that benefit from the build out of energy infrastructure assets, and abundant, low-cost supplies. Special emphasis is placed on companies benefitting from emerging domestic natural gas and other energy commodity resources.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
22.2%
1 Year rank in sector
8/37
Sector
FO Equity - North America
Yield
-
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.
2.87%
Fund size
£29m (£28m 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.
129
Top in this sector
Fund name1 Year
Sanlam FOUR US Div Inc41.2%
M&G Offshore North Am Div35.2%
Lloyds North American27.4%
La Mondiale American Equity26.6%
SEB Nordamerika Små&Medel Blg26.3%
...more in FO Equity - North America

Performance snapshot

Holdings snapshot

  • North America98.7%
    Money Market1.3%
  • Utilities59.3%
    Leisure & Hotels21.9%
    Industrials10.6%
    Basic Materials7%
    Money Market1.3%
  • North American Equities98.7%
    Money Market1.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.3%-5.4%-0.4%22.2%--
Sector6.6%4.9%10%13.3%30.6%82.4%
Rank within sector38 / 3939 / 3938 / 388 / 37--
Quartile4th4th4th1st
Calendar performance
 YTD - 20162015201420132012
Fund22.5%-22.5%---
Sector14.2%-0.8%12.9%29.7%8.8%
Rank within sector10 / 3735 / 35---
Quartile2nd4th
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high78.79
52 week low54.88
Current bid price-
Current offer price-
Current mid price74.53
Region
1North America98.67%
2Money Market1.33%
Industry sector
1Utilities59.3%
2Leisure & Hotels21.87%
3Industrials10.55%
4Basic Materials6.95%
5Money Market1.33%
Asset type
1North American Equities98.67%
2Money Market1.33%
Individual holdings
1SPECTRA ENERGY CORP4.99%
2CONCHO RESOURCES INC4.68%
3EQT CORP4.49%
4OCCIDENTAL PETROLEUM CORP4.44%
5CABOT OIL & GAS CORP3.97%
6PEMBINA PIPELINE CORP3.67%
7GENERAL ELECTRIC CO.3.62%
8FLOWSERVE CORP3.52%
9DOW CHEMICAL CO3.48%
Management
Fund manager group
Lemanik Asset Management
Fund manager company
Lemanik Asset Management S.A
Fund type
Offshore Fund
Fund objective
The Fund seeks to achieve its investment objective by investing in the listed equity securities of the expected beneficiaries in the North American Energy sector, investing in not only direct beneficiaries such as energy producers and transporters, but also derivative beneficiaries such as manufacturing and services sector companies that benefit from the build out of energy infrastructure assets, and abundant, low-cost supplies. Special emphasis is placed on companies benefitting from emerging domestic natural gas and other energy commodity resources.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Miller Howard Investments Inc.16/06/2014Miller/Howard Investments, Inc. is an independent, SEC registered investment boutique with over two decades experience managing equity portfolios for institutions and individuals in disciplined, dividend-focused investment strategies. We invest in companies across the broad market that our investment team identifies as financially strong with the ability to pay and consistently raise dividends. Our portfolio strategies include: income-equity broad market stocks, master limited partnerships (MLPs), utilities, infrastructure, and components of the energy commercial value chain.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Finland, United Kingdom, Luxembourg, Offshore, Singapore, Sweden
Lemanik Miller Howard SICAV - American Energy Drill Bit to Burner Tip E EUR
Initial charge-
Annual charge1.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.14%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price74.87
CurrencyEUR
Price updated18/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOHX
Lemanik Miller Howard SICAV - American Energy Drill Bit to Burner Tip E USD
Initial charge-
Annual charge1.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.08%
Total expense ratio (TER)2.08%
Bid price-
Offer price-
Mid price76.74
CurrencyUSD
Price updated18/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOHV
Lemanik Miller Howard SICAV - American Energy Drill Bit to Burner Tip I EUR
Initial charge3%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price-
Offer price-
Mid price86.67
CurrencyEUR
Price updated18/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOHU
Lemanik Miller Howard SICAV - American Energy Drill Bit to Burner Tip I GBP
Initial charge3%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)1.71%
Bid price-
Offer price-
Mid price76.56
CurrencyGBP
Price updated18/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOHT
Lemanik Miller Howard SICAV - American Energy Drill Bit to Burner Tip I USD
Initial charge3%
Annual charge0.8%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.74%
Total expense ratio (TER)1.74%
Bid price-
Offer price-
Mid price77.22
CurrencyUSD
Price updated18/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOHS
Lemanik Miller Howard SICAV - American Energy Drill Bit to Burner Tip R GBP
Initial charge3%
Annual charge1.6%
Min single investment£25,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.82%
Total expense ratio (TER)2.82%
Bid price-
Offer price-
Mid price74.15
CurrencyGBP
Price updated18/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOHQ
Lemanik Miller Howard SICAV - American Energy Drill Bit to Burner Tip R USD
Initial charge3%
Annual charge1.6%
Min single investment£25,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.87%
Total expense ratio (TER)2.87%
Bid price-
Offer price-
Mid price74.53
CurrencyUSD
Price updated18/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFOHP
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.