Fact sheet: MGTS Fut Mny Income

Fund information
Fund name
MGTS Future Money Income R Acc
Fund manager company
Margetts Fund Management
Fund type
OEIC
Fund managers
  • Toby Rickettssince 31/07/2013
  • Richard Colesince 31/07/2013
Fund objective
The fund is intended to provide long term capital growth at or above the rate of inflation and an increasing income stream through an actively managed diversified portfolio of investments which on aggregate will be appropriate for an investor seeking income and growth. The fund will consist of holdings exposed to UK & International equities, Fixed Interest and Property based investments which will be selected on the basis of dividends and income stream.
Benchmark
  • Customised Benchmark
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
6%
1 Year rank in sector
115/204
Sector
UT Mixed Investment 20%-60% Shares
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.
1.6%
Fund size
£38m (£36m 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.
55
Mid price
176.52
Top in this sector
Fund name1 Year
S&W The Magpie18.8%
AXA Global Distribution16.6%
S&W Wessex15.2%
Investec Caut Mgd14.6%
HSBC Open Global Return14.4%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • Not Specified39%
    UK38%
    Asia Pacific8%
    Others6%
    Money Market5%
  • No data available.
  • Global Fixed Interest39%
    UK Equities38%
    Asia Pacific Equities8%
    Others6%
    Money Market5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%-1.1%5.6%6%14.7%45.4%
Sector-1.8%-0.8%5.8%6.4%14.6%34.7%
Rank within sector124 / 214123 / 213109 / 210115 / 204102 / 17335 / 144
Quartile3rd3rd3rd3rd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund6.1%2.6%4.6%13%12.2%
Sector7.3%1.2%5%9%8%
Rank within sector129 / 20459 / 190119 / 17528 / 16127 / 145
Quartile3rd2nd3rd1st1st
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.
-0.6
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.
1.15
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.
0.22
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%.
6.33
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.
2.02
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.
0.04
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.
0.91
Price movement
52 week high182.91
52 week low155.18
Current bid price-
Current offer price-
Current mid price176.52
Region
1Not Specified39%
2UK38%
3Asia Pacific8%
4Others6%
5Money Market5%
6Europe4%
Industry sector
No data available.
Asset type
1Global Fixed Interest39%
2UK Equities38%
3Asia Pacific Equities8%
4Others6%
5Money Market5%
6European Equities4%
Individual holdings
1SCHRODER ASIAN INCOME L ACC7.81%
2M&G UK INFLATION LINKED CORPORATE BOND I ACC7.39%
3SMITH & WILLIAMSON SHORT DATED CORPORATE BOND Z7.36%
4AXA STERLING CREDIT SHORT DURATION BOND Z GR ACC7.32%
5HENDERSON STRATEGIC BOND I INC6.72%
6THREADNEEDLE UK EQUITY INCOME Z ACC GBP6.45%
7MAJEDIE UK INCOME X ACC6.36%
8ROYAL LONDON UK EQUITY INCOME M ACC6.34%
9AVIVA INV UK EQUITY INCOME 26.29%
Management
Fund manager group
Margetts Fund Management
Fund manager company
Margetts Fund Management
Fund type
OEIC
Fund objective
The fund is intended to provide long term capital growth at or above the rate of inflation and an increasing income stream through an actively managed diversified portfolio of investments which on aggregate will be appropriate for an investor seeking income and growth. The fund will consist of holdings exposed to UK & International equities, Fixed Interest and Property based investments which will be selected on the basis of dividends and income stream.
Benchmark
  • Customised Benchmark
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Toby Ricketts31/07/2013Since joining Margetts in 1994, Toby is the CEO of Margetts and is widely regarded as a leading professional in collective investment management, being regularly profiled in the major financial publications and national press. Toby is the lead manager of the award winning Risk Rated fund of funds and the Sentinel Enterprise Fund. In addition, Toby holds positions on the investment committee of a number of third party fund ranges.
Richard Cole31/07/2013Having graduated with a degree in Economics, Richard joined Margetts Fund Management in 2009 as a fund research analyst and latterly held portfolio management responsibilities for the firm’s discretionary client and model portfolio services. Richard joined Future Money Ltd as a fund manager in 2013. Together with Toby, Richard holds responsibility for the fund selection and asset allocation of the Future Money funds.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
MGTS Future Money Income Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)2.35%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price172.22
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE3A9
MGTS Future Money Income Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)2.35%
Total expense ratio (TER)2.35%
Bid price-
Offer price-
Mid price129.52
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeE3B0
MGTS Future Money Income R Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price176.52
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI29Y
MGTS Future Money Income R Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price133.56
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI29Z
Data provided by

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