Fact sheet: MI Downing Divfd Gbl Mgrs

Fund information
Fund name
MI Downing Diversified Global Managers A Acc
Fund manager company
Downing LLP
Fund type
OEIC
Fund managers
  • Alyx Woodsince 01/02/2016
  • Neil Shillitosince 22/09/2007
Fund objective
The investment objective of the Fund is to provide medium to long term capital growth on a medium risk basis.
Benchmark
  • No Specified Index
Investment style
Flexible,Growth
Investment method
None
Quick stats
1 Year return
7.7%
1 Year rank in sector
156/223
Sector
UT Flexible Investment
Yield
0.5%
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.
1.47%
Fund size
£18m (£20m 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.
73
Mid price
136.1967
Top in this sector
Fund name1 Year
M&G Managed Growth29.5%
CF IM Global Strategy23.3%
Margetts Venture Strategy22.3%
Architas Birthstar TD 2036 4021.7%
Architas Birthstar TD 2046 5021.6%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%0.4%9.4%7.7%18.5%42.7%
Sector-0.1%0.9%8.8%9.8%19.3%45.5%
Rank within sector152 / 252139 / 246121 / 246156 / 223117 / 186101 / 158
Quartile3rd3rd2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.3%3.3%6.3%12.8%9.2%
Sector9.8%2%4.9%14.1%9.7%
Rank within sector186 / 23271 / 20963 / 188111 / 17787 / 160
Quartile4th2nd2nd3rd3rd
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.
-0.64
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.
1.05
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.
0.26
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%.
8.54
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.
2.76
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.
0.89
Price movement
52 week high141.92
52 week low113.51
Current bid price-
Current offer price-
Current mid price136.2
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Downing LLP
Fund type
OEIC
Fund objective
The investment objective of the Fund is to provide medium to long term capital growth on a medium risk basis.
Benchmark
  • No Specified Index
Investment style
Flexible,Growth
Investment method
None
Fund managers
NameSinceBiography
Alyx Wood01/02/2016
Neil Shillito22/09/2007Neil Shillito started his career in investment management in 1985. The current fund was originally launched in September 2007 as the SGWM Managed Fund. It was transferred to Downing LLP in February 2016 and renamed the Downing Diversified Global Managers Fund. Neil remains the lead manager supported by co-manager Alyx Wood.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
MI Downing Diversified Global Managers A Acc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.47%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price136.1967
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA6L1
MI Downing Diversified Global Managers A Inc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.47%
Total expense ratio (TER)1.75%
Bid price-
Offer price-
Mid price132.8052
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI1E1
Data provided by

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