Fact sheet: Lindsell Train IT plc

Fund information
Fund name
Lindsell Train IT plc
Fund manager company
Lindsell Train
Fund type
Investment Trust
Fund manager
  • Nick Trainsince 22/01/2001
Accolades
 Highly Commended - Global
Fund objective
To maximise long-term total return subject to the avoidance of loss of absolute value and with a minimum objective to maintain the real purchasing power of Sterling capital, as measured by the annual average running yield on the longest-dated UK government fixed rate bond.
Benchmark
  • 2½% Consolidated Loan Stock
Investment style
Absolute Return
Investment method
No data available.
Quick stats
1 Year return
55.4%
1 Year rank in sector
3/24
Sector
IT Global
Yield
1%
Fund size
£163m
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.
213
Mid price
812.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
552.0371
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
+47.18
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
British Empire Trust plc56.1%
Monks IT PLC55.5%
Lindsell Train IT plc55.4%
JPM Gbl Grw&Inc plc55.3%
The Scottish Inv Tst PLC47.8%
...more in IT Global

Performance snapshot

Holdings snapshot

  • UK73.4%
    Japan13.9%
    USA7.5%
    Europe ex UK3.9%
    International2.6%
  • Unquoted Investments38.1%
    Consumer Services26.9%
    Media18.4%
    Mutual Funds11.5%
    Financials6.4%
  • UK Equities73.4%
    Japanese Equities13.9%
    US Equities7.5%
    Europe ex UK Equities3.9%
    International Equities2.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-8.7%-0.9%3.5%55.4%140.6%269.6%
Sector4.6%7.1%18.6%32.3%40.8%89.8%
Rank within sector24 / 2423 / 2424 / 243 / 241 / 241 / 24
Quartile4th4th4th1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund-11%61.9%54.3%8.7%21.5%
Sector3.3%21.1%6.8%7.4%21%
Rank within sector24 / 241 / 241 / 2412 / 2419 / 24
Quartile4th1st1st2nd4th
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.
23.12
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.
1.27
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.
1.93
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%.
18.64
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.
15.19
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.
1.65
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.
0.33
Price movement
52 week high925
52 week low488.5
Current bid price800
Current offer price825
Current mid price812.5
Region
1UK73.4%
2Japan13.9%
3USA7.5%
4Europe ex UK3.9%
5International2.6%
6Money Market-1.3%
Industry sector
1Unquoted Investments38.1%
2Consumer Services26.9%
3Media18.4%
4Mutual Funds11.5%
5Financials6.4%
6Cash & Cash Equivalents-1.3%
Asset type
1UK Equities73.4%
2Japanese Equities13.9%
3US Equities7.5%
4Europe ex UK Equities3.9%
5International Equities2.6%
6Money Market-1.3%
Individual holdings
1LINDSELL TRAIN LTD38.1%
2DIAGEO7.9%
3NINTENDO CO7.5%
4LINDSELL TRAIN JAPANESE EQUITY A RET JPY6.4%
5LONDON STOCK EXCHANGE GROUP6.3%
6UNILEVER6.3%
7AG BARR5.9%
8RELX NV4.2%
9HEINEKEN HLDG3.8%
Management
Fund manager group
Lindsell Train
Fund manager company
Lindsell Train
Fund type
Investment Trust
Fund objective
To maximise long-term total return subject to the avoidance of loss of absolute value and with a minimum objective to maintain the real purchasing power of Sterling capital, as measured by the annual average running yield on the longest-dated UK government fixed rate bond.
Benchmark
  • 2½% Consolidated Loan Stock
Investment style
Absolute Return
Investment method
No data available.
Fund manager
NameSinceBiography
Nick Train22/01/2001Nick Train began his career as an Investment Manager at GT Management in 1981, having graduated from Queen’s College, Oxford with a second class honors in Modern History (1977-1980). He left GT in June 1998, after 17 years, on its acquisition by INVESCO. At his resignation he was a Director of GT Management (London), Investment Director of GT Unit Managers and Chief Investment Officer for Pan-Europe. He joined M&G in September 1998, as a Director of M&G Investment Management. In June 1999 he was appointed as Head of Global Equities at M&G. He left M&G in April 2000 to co-found Lindsell Train Limited. He is investment adviser to the Worshipful Company of Saddlers.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Lindsell Train IT plc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price55203.71
CurrencyGBX
Price updated06/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJRD
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.