Fact sheet: Lowland Investment Company

Fund information
Fund name
Lowland Investment Company Ord
Fund manager company
Henderson Global Investors Ltd
Fund type
Investment Trust
Fund manager
  • James Hendersonsince 01/01/1990
Accolades
 Highly Commended - UK Equity Income
Fund objective
The Company aims to give shareholders a higher than average return with growth of both capital and income over the medium to long term. The Company’s policy is to invest in a broad spread of predominantly UK companies of differing sizes with normally not more than half by value coming from the largest 100 UK companies and the balance from small and medium sized companies.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.3%
1 Year rank in sector
9/24
Sector
IT UK Equity Income
Yield
3.2%
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.
0.62%
Fund size
£369m
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.
127
Mid price
1365
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.
1423.1
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.
-6.75
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.
116
Top in this sector
Fund name1 Year
Tmpl Br IT PLC17.3%
Murray Inc Tst PLC12.5%
Dudn Inc Gth IT PLC11.9%
Merchants Trust PLC10.8%
Shires Income plc10.4%
...more in IT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK96.9%
    Ireland2.5%
    Canada0.6%
  • Financials30.1%
    Industrials29%
    Consumer Services11.1%
    Basic Materials10.4%
    Oil & Gas9.4%
  • UK Equities96.9%
    Irish Equities2.5%
    Canadian Equities0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%2.4%9.7%7.3%7.7%101.7%
Sector2.2%0.2%5.9%4.4%13.9%73.1%
Rank within sector15 / 248 / 246 / 249 / 2419 / 245 / 24
Quartile3rd2nd1st2nd4th1st
Calendar performance
 YTD - 20162015201420132012
Fund2%10.5%-9%48.9%32.5%
Sector3.9%3.8%3%29.8%20%
Rank within sector17 / 248 / 2423 / 244 / 242 / 24
Quartile3rd2nd4th1st1st
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.
-2.29
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.
1.33
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
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%.
15.4
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.
11.81
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.
-0.15
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.
0.44
Price movement
52 week high1440
52 week low1095
Current bid price1365
Current offer price1379
Current mid price1365
Region
1UK96.9%
2Ireland2.5%
3Canada0.6%
Industry sector
1Financials30.06%
2Industrials28.99%
3Consumer Services11.13%
4Basic Materials10.36%
5Oil & Gas9.38%
6Consumer Goods5.64%
7Health Care4.91%
8Telecommunications2.48%
9Utilities1.77%
Asset type
1UK Equities96.9%
2Irish Equities2.5%
3Canadian Equities0.6%
Individual holdings
1ROYAL DUTCH SHELL5.2%
2HSBC HLDGS3.2%
3HISCOX LTD3%
4STANDARD CHARTERED2.7%
5PHOENIX GROUP HLDGS2.5%
6PRUDENTIAL PLC2.1%
7RIO TINTO2.1%
8SENIOR PLC2.1%
9GKN2%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
Investment Trust
Fund objective
The Company aims to give shareholders a higher than average return with growth of both capital and income over the medium to long term. The Company’s policy is to invest in a broad spread of predominantly UK companies of differing sizes with normally not more than half by value coming from the largest 100 UK companies and the balance from small and medium sized companies.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
James Henderson01/01/1990James Henderson has been Director, Global Equity Income since 2003. He joined Henderson in 1983 as a trainee fund manager. James has been successfully managing a number of investment trusts at Henderson since 1990. Prior to joining Henderson he was an accountant trainee at Binder Hamlyn. James graduated with an MA (Hons) in Economics from Cambridge University.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Lowland Investment Company NAV
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 price1408.9
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTU63
Lowland Investment Company Ord
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 price1428.6
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJHO
Data provided by

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