Fact sheet: MFM Slater Growth

Fund information
Fund name
MFM Slater Growth P Acc
Fund manager company
MFM
Fund type
Unit Trust
Fund manager
  • Mark Slatersince 29/03/2005
Accolades
 Winner - UK Growth
Fund objective
To seek long term capital growth principally through investment in UK Companies.
Benchmark
  • IA UK All Companies Sector
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-4.8%
1 Year rank in sector
262/277
Sector
UT UK All Companies
Yield
0.8%
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.
0.8%
Fund size
£379m (£285m 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.
76
Bid price
414.19
Offer price
419.43
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry43.6%
Schroder Recovery19%
UBS UK Opportunities19%
Charity Equity17.9%
R&M UK Equity Long Term Recovery16.9%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%-1.5%-0.2%-4.8%40.2%97.6%
Sector-1.1%-1.2%5.9%4.5%13%57.4%
Rank within sector38 / 284145 / 283258 / 280262 / 2775 / 26320 / 250
Quartile1st3rd4th4th1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-5%18.6%18.4%31.4%10.5%
Sector5.5%3.7%0.6%25.7%14.8%
Rank within sector267 / 27813 / 2692 / 26465 / 257207 / 251
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.
8
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.
0.85
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.
0.71
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%.
11.95
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.
9.07
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.
0.76
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.
0.45
Price movement
52 week high436.17
52 week low361.63
Current bid price414.19
Current offer price419.43
Current mid price-
Region
1UK100%
Industry sector
1Support Services18.18%
2Media15.95%
3Others15.69%
4Biotechnology/Medical13.37%
5Software11.24%
6Household Goods8.87%
7Financial Services4.13%
8Retailers - General3.68%
9Life Insurance3.57%
Asset type
1UK Equities100%
Individual holdings
1HUTCHISON CHINA MEDITECH5.58%
2FIRST DERIVATIVES PLC4.44%
3PAYSAFE GROUP PLC4.06%
4RESTORE PLC3.77%
5PRUDENTIAL PLC3.57%
6ENTERTAINMENT ONE LTD3.51%
7CVS GROUP PLC3.46%
8WALT DISNEY(HLDG)CO3.29%
9ALLIANCE PHARMA3.08%
Management
Fund manager group
MFM
Fund manager company
MFM
Fund type
Unit Trust
Fund objective
To seek long term capital growth principally through investment in UK Companies.
Benchmark
  • IA UK All Companies Sector
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Mark Slater29/03/2005Mark co-founded Slater Investments, the specialist UK equity fund manager, in 1994. The company manages a hedge fund, three unit trusts and portfolios for large pension schemes, high net worth individuals and charities. The company’s core methodology focuses on selecting companies able to produce reliable, above-average earnings growth supported by healthy cash flow. Shares in these companies are only acquired when the PE ratio is attractive in relation to the growth rate - i.e. when the PEG is relatively low. This approach has produced strong gains over the years, outperforming stock market indices by a substantial margin, with the company’s growth fund winning numerous industry awards. The company’s equity income strategy, pursued over the past ten years, has also performed strongly with exceptionally low volatility. Mark was awarded 2014 Fund Manager of the Year by City A.M. He is one of the top performing UK fund managers during his career and recently won Overall UK Hedge Fund Manager of the Year 2014 (Acquisition International), Best Performing UK Fund 2014 (Wealth & Finance International), Best Fund Manager Over Three Years 2013 (Professional Adviser) and UK Growth Winner 2012 (Money Observer). Slater Investments was voted Boutique Wealth Manager of the Year in 2014 (Acquisition International) and 2012 (Spears). During his career, Mark has served on the boards of four public companies in which he has been a substantial shareholder. Mark has an MA in History from Cambridge University.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
MFM Slater Growth
Initial charge5.25%
Annual charge1.5%
Min single investment£3,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.55%
Total expense ratio (TER)1.52%
Bid price400.76
Offer price425.21
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWX98
MFM Slater Growth B Acc
Initial charge1%
Annual charge1%
Min single investment£100,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price411.35
Offer price416.56
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI3PN
MFM Slater Growth P Acc
Initial charge1%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price414.19
Offer price419.43
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI3PO
Data provided by

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