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
Thornbridge Global Opportunities Fund is a thematic fund with reduced stock specific risk. The investment approach is simple, transparent and unconstrained. The fund has a proven long term track record with 10.06% compound annualised growth since inception in 2004.
Benchmark
  • MSCI World
Investment style
Flexible,Growth
Investment method
None
Quick stats
1 Year return
29.5%
1 Year rank in sector
161/253
Sector
UT Global
Yield
1.3%
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
£60m (£51m 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.
92
Mid price
366.56
Top in this sector
Fund name1 Year
First State Gbl Resrcs65.8%
Natixis HarsAsGblConcntdEq55.1%
NFU Mutual Global Growth55%
R&M World Recovery54%
Investec Gbl Spcl Situations52.2%
...more in UT Global

Performance snapshot

Holdings snapshot

  • No data available.
  • Consumer Services22.2%
    Alternative Assets21.8%
    Capital Goods21.6%
    Commodity & Energy13.9%
    Health Care10.7%
  • No data available.

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.7%7.9%7.1%29.5%37.8%58.7%
Sector2.7%7%10.1%30.7%39.3%68.7%
Rank within sector54 / 26565 / 263202 / 260161 / 253137 / 229155 / 204
Quartile1st1st4th3rd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund5.9%20.2%2.7%4.6%13.7%
Sector4.1%21%3.4%6.7%19.7%
Rank within sector24 / 264150 / 250159 / 238177 / 225191 / 213
Quartile1st3rd3rd4th4th
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.
-0.24
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.
0.91
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.
0.73
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%.
10.12
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.
4.29
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.
-0.3
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.
0.83
Price movement
52 week high366.33
52 week low283.16
Current bid price-
Current offer price-
Current mid price366.56
Region
No data available.
Industry sector
1Consumer Services22.16%
2Alternative Assets21.75%
3Capital Goods21.61%
4Commodity & Energy13.94%
5Health Care10.65%
6Technology7.19%
7Financials2.7%
Asset type
No data available.
Individual holdings
1IVANHOE MINES LTD1.65%
2PARTNERS GROUP HOLDING1.02%
3AEGIS LOGISTICS0.99%
4AMERICAN TOWER CORP0.99%
5CHINA AVIATION OIL(SINGAPORE)0.98%
6FROMAGERIES BEL0.96%
7CRODA INTERNATIONAL PLC0.93%
8VISA INC0.93%
9KONINKLIJKE VOPAK0.86%
Management
Fund manager group
Phoenix Fund Services (UK)
Fund manager company
Maitland Institutional Service
Fund type
OEIC
Fund objective
Thornbridge Global Opportunities Fund is a thematic fund with reduced stock specific risk. The investment approach is simple, transparent and unconstrained. The fund has a proven long term track record with 10.06% compound annualised growth since inception in 2004.
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 price348.38
CurrencyGBX
Price updated23/02/2017
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 price366.56
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJ3X8
MI Thornbridge Global Opportunities C Inc NAV
Initial charge5%
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price325.9
CurrencyGBX
Price updated23/02/2017
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.