Fact sheet: MI ThrnbdgGblOpps

Fund information
Fund name
MI Thornbridge Global Opportunities C Acc NAV
Fund manager company
Maitland Institutional Service
Fund type
OEIC
Fund manager
  • Anthony Eatonsince 30/09/2005
Fund objective
The investment objective of the MI THORNBRIDGE GLOBAL OPPORTUNITIES FUND is to seek capital & income growth from investments identified across global equity and/or bond markets. The manager may also choose to hold Government securities, collective investment schemes, and cash & money market instruments as appropriate in achieving the overall objective of the fund. Please note that the themes currently being pursued by the manager lead it to invest in a number of higher risk emerging economies.
Benchmark
  • MSCI World
Investment style
Flexible,Growth
Investment method
None
Quick stats
1 Year return
19%
1 Year rank in sector
103/247
Sector
UT Global
Yield
1.4%
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.
1.05%
Fund size
£59m (£53m 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.
93
Mid price
333.11
Top in this sector
Fund name1 Year
First State Gbl Resrcs67%
UBS FTSE RAFI Devlpd 1000 Idx38.1%
Orbis Gbl Eq36.4%
Natixis HarsAsGblConcntdEq36%
NFU Mutual Global Growth33.1%
...more in UT Global

Performance snapshot

Holdings snapshot

  • No data available.
  • Consumer Services23.3%
    Alternative Assets21.2%
    Capital Goods19.4%
    Health Care14.7%
    Commodity & Energy11.7%
  • No data available.

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.8%-2%9.1%19%26.7%54.6%
Sector0.1%1.8%12.7%16.6%30.1%66.4%
Rank within sector240 / 263239 / 262205 / 257103 / 247153 / 226154 / 201
Quartile4th4th4th2nd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund15.7%2.7%4.6%13.7%11%
Sector15.7%3.4%6.7%19.7%9.9%
Rank within sector141 / 250158 / 240177 / 226190 / 21494 / 201
Quartile3rd3rd4th4th2nd
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.
-0.37
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.
0.92
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.
0.5
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%.
10.31
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.
4.15
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.
-0.27
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.
0.84
Price movement
52 week high363.82
52 week low263.89
Current bid price-
Current offer price-
Current mid price333.11
Region
No data available.
Industry sector
1Consumer Services23.31%
2Alternative Assets21.21%
3Capital Goods19.4%
4Health Care14.72%
5Commodity & Energy11.65%
6Technology6.17%
7Financials3.54%
Asset type
No data available.
Individual holdings
1AEGIS LOGISTICS1.69%
2AMSTERDAM COMMODITIES NV1.27%
3KONINKLIJKE VOPAK1.22%
4AMERICAN TOWER REIT1.06%
5RECKITT BENCKISER GROUP PLC1.04%
6INTERNATIONAL FLAVORS & FRAGRANCES1.01%
7PARTNERS GROUP HOLDING0.98%
8CRODA INTL ORD GBP0.100.96%
9FROMAGERIES BEL0.96%
Management
Fund manager group
Phoenix Fund Services (UK)
Fund manager company
Maitland Institutional Service
Fund type
OEIC
Fund objective
The investment objective of the MI THORNBRIDGE GLOBAL OPPORTUNITIES FUND is to seek capital & income growth from investments identified across global equity and/or bond markets. The manager may also choose to hold Government securities, collective investment schemes, and cash & money market instruments as appropriate in achieving the overall objective of the fund. Please note that the themes currently being pursued by the manager lead it to invest in a number of higher risk emerging economies.
Benchmark
  • MSCI World
Investment style
Flexible,Growth
Investment method
None
Fund manager
NameSinceBiography
Anthony Eaton30/09/2005Anthony has been with JM Finn & Co since 2001 and is the fund manager of the JM Finn Africa Fund. Previously Anthony was with Greig Middleton from 1990. In 1996 he became a director, managing retail funds. Anthony graduated in Economics from Bangor University. Anthony is also the lead manager of the JM Global Opportunities Fund, launched in January 2004.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
MI Thornbridge Global Opportunities A Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.8%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price317.09
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeRK29
MI Thornbridge Global Opportunities A Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price115.78
CurrencyGBX
Price updated29/04/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0X3K
MI Thornbridge Global Opportunities C Acc NAV
Initial charge5%
Annual charge0.75%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price333.11
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ3X8
MI Thornbridge Global Opportunities C Inc NAV
Initial charge5%
Annual charge0.75%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price297.21
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJ3X9
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.