Fact sheet: Lib Caut

Fund information
Fund name
Libero Cautious B Inst Acc
Fund manager company
Thesis Unit Trust Mgmt Ltd
Fund type
OEIC
Fund managers
  • Karl Williamsonsince 02/08/2010
  • David Millersince 02/08/2010
Fund objective
The Cautious Fund aims to preserve capital in the long term through holdings in fixed interest and cash instruments such as Treasury bonds, corporate bonds and index-linked gilts. The managers also aim to produce medium-term growth by investing some of the fund in equities, mainly FTSE 100 companies, and in other assets.
Benchmark
No data available.
Investment style
Cautious,Capital Protection Targeted
Investment method
None
Quick stats
1 Year return
10.9%
1 Year rank in sector
37/78
Sector
UT Mixed Investment 0-35% Shares
Yield
0.3%
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.
1.12%
Fund size
£16m (£17m 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.
36
Mid price
120.2
Top in this sector
Fund name1 Year
SVS TPI Cautious 316.9%
BlackRock NURS II Consensus 3516.6%
TM The Beamish16%
AXA Defensive Dist15.7%
Old Mutual Cirilium Cons15.6%
...more in UT Mixed Investment 0-35% Shares

Performance snapshot

Holdings snapshot

  • Not Specified75.2%
    UK20.7%
    Money Market4.1%
  • No data available.
  • Global Fixed Interest75.2%
    UK Equities20.7%
    Money Market4.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%1.4%4.1%10.9%16.2%29.4%
Sector0.7%1.4%4.4%10.1%15.1%28.4%
Rank within sector42 / 8748 / 8553 / 8237 / 7828 / 5627 / 43
Quartile2nd3rd3rd2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2%10.6%0.7%4.1%5%
Sector2.5%8.4%0.3%5.2%4.2%
Rank within sector57 / 8320 / 7329 / 5842 / 5524 / 50
Quartile3rd2nd2nd4th2nd
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.
-0.07
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.
1.09
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.
0.32
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%.
5.07
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.
2.57
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.
0.12
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.
0.75
Price movement
52 week high120.3
52 week low108.4
Current bid price-
Current offer price-
Current mid price120.2
Region
1Not Specified75.2%
2UK20.7%
3Money Market4.1%
Industry sector
No data available.
Asset type
1Global Fixed Interest75.2%
2UK Equities20.7%
3Money Market4.1%
Individual holdings
1TREASURY 4.25% GILT 7/12/202712.93%
2TREASURY 0.125% IDX-LKD GILT 22/11/19 GBP0.0110.45%
3TREASURY 2% GILT 22/07/20 GBP0.0110%
4TREASURY 4.75% GILT 07/12/30 GBP7.26%
5TREASURY 1.5% GILT 22/01/2021 GBP0.016.68%
6ISHARES £ CORPORATE BOND 1-5YR UCITS ETF GBP4.77%
7ISHARES £ CORPORATE BOND 1-5YR UCITS ETF GBP4.77%
8TREASURY 2.25% GILT 07/09/23 GBP4.22%
9TREASURY 2% GILT 07/09/25 GBP0.014.17%
Management
Fund manager group
Thesis Unit Trust Mgmt
Fund manager company
Thesis Unit Trust Mgmt Ltd
Fund type
OEIC
Fund objective
The Cautious Fund aims to preserve capital in the long term through holdings in fixed interest and cash instruments such as Treasury bonds, corporate bonds and index-linked gilts. The managers also aim to produce medium-term growth by investing some of the fund in equities, mainly FTSE 100 companies, and in other assets.
Benchmark
No data available.
Investment style
Cautious,Capital Protection Targeted
Investment method
None
Fund managers
NameSinceBiography
Karl Williamson02/08/2010Karl graduated from LSE with a BSc in economics in 2002. He started his career in Amsterdam with market maker Mako Global Derivatives before moving back to London to make markets in various equity and fixed income products. In 2008 Karl moved to Quilter Cheviot, where he manages portfolios on behalf of individuals, trusts and charities. He is a Member of the Chartered Securities Institute (MCSI).
David Miller02/08/2010A Cambridge science graduate, David has managed money since 1980. He joined the company in 2007 as an investment manager. He writes regular notes including a weekly Diary of a Fund Manager about a wide variety of investment topics and is quoted in national and international publications. In addition, David is the fund manager of Libero Cautious which won the 2013 City of London Wealth Management Award for best performing fund and, this year, the Diary of a Fund Manager won the Award for Outstanding Achievement. David is a Chartered FCSI of the Chartered Institute for Securities & Investment.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Libero Cautious A Ret Acc
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price137.3
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGPD8
Libero Cautious A Ret Inc
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price129.6
CurrencyGBX
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGPD9
Libero Cautious B Inst Acc
Initial charge-
Annual charge0.85%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price120.2
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGPD6
Libero Cautious B Inst Inc
Initial charge-
Annual charge0.85%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.12%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.1
CurrencyGBX
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGPD7
Libero Cautious C Inc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.16%
Bid price-
Offer price-
Mid price116.22
CurrencyGBX
Price updated31/01/2014
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeABZN
Libero Cautious CWM Acc
Initial charge10%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price125.1
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code13DT
Libero Cautious CWM Inc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price100
CurrencyGBX
Price updated31/01/2014
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code13DU
Libero Cautious E Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price126.5
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGTVL
Libero Cautious E Inc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.5
CurrencyGBX
Price updated22/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGTVM
Libero Cautious F Acc
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100
CurrencyGBX
Price updated31/01/2014
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGTVN
Libero Cautious F Inc
Initial charge10%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price119.6
CurrencyGBX
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGTVO
Libero Cautious LAPS Inst Acc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price139.7
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKMD3
Libero Cautious LAPS Inst Inc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.09%
Bid price-
Offer price-
Mid price117.01
CurrencyGBX
Price updated31/01/2014
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKMD4
Libero Cautious LAPS Ret Acc
Initial charge5%
Annual charge1.75%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)2.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price134.6
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKMD1
Libero Cautious LAPS Ret Inc
Initial charge5%
Annual charge1.75%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.98%
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price113.06
CurrencyGBX
Price updated31/01/2014
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKMD2
Data provided by

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