Fact sheet: MI Hawksmoor Dist

Fund information
Fund name
MI Hawksmoor Distribution B Acc GBP
Fund manager company
MI Hawksmoor Open End Invt Cm
Fund type
OEIC
Fund managers
  • Richard Scottsince 12/04/2012
  • Ben Conwaysince 01/01/2014
  • Daniel Lockyersince 12/04/2012
Fund objective
The investment objective of the Fund is to provide income with the prospect of capital growth.
Benchmark
  • FTSE/APCIMS Income
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
12.5%
1 Year rank in sector
58/268
Sector
UT Mixed Investment 40%-85% Shares
Yield
3.6%
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.
1.86%
Fund size
£65m (£50m 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.
43
Mid price
159.6
Top in this sector
Fund name1 Year
Orbis Gbl Bal34%
HSBC Wld Seltn Advntr Pfl22.3%
HSBC Gbl Strat Dyn Pfl20.4%
FP MA DRP VIII19.8%
S&W Millbank East River19.6%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK37%
    Europe ex UK23.8%
    North America10.4%
    Asia Pacific ex Japan8.6%
    Japan7.1%
  • No data available.
  • International Equities40.6%
    Property15.4%
    Global Corporate Fixed Interest15%
    Global Fixed Interest9.8%
    Money Market5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%1.3%8.7%12.5%25.8%-
Sector-0.7%-0.3%7.9%9.3%19.4%44.8%
Rank within sector195 / 28046 / 279115 / 27658 / 26836 / 240-
Quartile3rd1st2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund12.8%3.4%6.2%17.2%-
Sector9.5%2.2%5%13.5%9%
Rank within sector48 / 26887 / 25288 / 24255 / 224-
Quartile1st2nd2nd1st
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.
3.14
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.
0.76
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.
0.76
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%.
5.79
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.
2.73
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.
0.63
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.
0.86
Price movement
52 week high163.59
52 week low134.34
Current bid price-
Current offer price-
Current mid price159.6
Region
1UK37.04%
2Europe ex UK23.81%
3North America10.4%
4Asia Pacific ex Japan8.6%
5Japan7.09%
6Money Market5.5%
7Global Emerging Markets5.48%
8Others1.89%
9International0.19%
Industry sector
No data available.
Asset type
1International Equities40.6%
2Property15.4%
3Global Corporate Fixed Interest15%
4Global Fixed Interest9.8%
5Money Market5.5%
6Convertibles3.3%
7Private Equity3.3%
8Global Government Fixed Interest2.8%
9Others2.2%
Individual holdings
1PHOENIX SPREE DEUTSCHLAND LIMITED SHARES NPV5.57%
2ROYAL LONDON SHORT DURATION GLOBAL HIGH YIELD BOND Z INC4.2%
3FIDELITY GLOBAL ENHANCED INCOME W INC4.19%
4GUINNESS GLOBAL EQUITY INCOME Z GBP4.17%
5BABSON CAPITAL EUROPEAN HIGH YIELD BOND TRANCHE A GBP3.85%
6PRUSIK ASIAN EQUITY INCOME C HEDGED GBP3.51%
7JUPITER JAPAN INCOME I-HEDGE INC3.47%
8TWENTYFOUR INCOME LIMITED ORD3.45%
9POLAR CAPITAL GLOBAL CONVERTIBLE I INC GBP3.22%
Management
Fund manager group
Hawksmoor
Fund manager company
MI Hawksmoor Open End Invt Cm
Fund type
OEIC
Fund objective
The investment objective of the Fund is to provide income with the prospect of capital growth.
Benchmark
  • FTSE/APCIMS Income
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
Richard Scott12/04/2012Born in 1964, Richard graduated from Exeter University with a History degree in 1987. He joined Smith New Court in the City of London as a graduate trainee, prior to moving to Hambros Bank, where he was the Investment Strategist, specialising in US equities and global funds. Richard moved down to the West Country to join Exeter Investment Group in 1995, and was in charge of the firm's conventional investment trust holdings. He was the manager of The New Zealand Investment Trust, and won many awards for his management of two funds, Exeter Pacific Growth and Exeter Global Opportunities. He continued with the firm through a period of major corporate change involving deals with iimia, Miton and Midas, and managed iimia Growth & Income Fund from its launch in January 2005 through to his resignation in June 2008 to take up the position of Chief Investment Officer at Hawksmoor Investment Management. He is an Associate of the UK Society of Investment Professionals.
Ben Conway01/01/2014B
Daniel Lockyer12/04/2012Daniel was born in 1973 and began his investment career in 1998 with Abbey Life Investment Services in Bournemouth, where he worked in the fixed interest team as a money market and foreign exchange dealer. This included a stint in London with Hill Samuel Asset Management after the merger of Abbey Life and Hill Samuel. Daniel returned to Bournemouth in 2001 to join Christows Stockbrokers, working with Nick Greenwood on his funds of investment trusts. Following a change in ownership at Christows and the departure of key individuals, Daniel left to be a founding member of iimia in 2002. His role progressed from assistant fund manager of the iimia Accelerated Fund and iimia Investment Trust, to lead manager of the iimia Income Fund and finally Head of Investment Services. Daniel joined Hawksmoor as Fund Manager on 1st June 2009.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
MI Hawksmoor Distribution B Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£5,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price129.15
CurrencyEUX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIAOD
MI Hawksmoor Distribution B Acc GBP
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.86%
Total expense ratio (TER)2.75%
Bid price-
Offer price-
Mid price159.6
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0WNC
MI Hawksmoor Distribution B Inc GBP
Initial charge-
Annual charge1%
Min single investment£5,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.86%
Total expense ratio (TER)2.75%
Bid price-
Offer price-
Mid price127.34
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0WND
MI Hawksmoor Distribution C Acc
Initial charge-
Annual charge0.75%
Min single investment£2,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.9
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK29B
MI Hawksmoor Distribution C Inc
Initial charge-
Annual charge0.75%
Min single investment£2,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.05
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK29C
MI Hawksmoor Distribution D Acc
Initial charge5%
Annual charge0.5%
Min single investment£0
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.44
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK29D
MI Hawksmoor Distribution D Inc
Initial charge5%
Annual charge0.5%
Min single investment£0
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.48
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK29E
Data provided by

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