Fact sheet: ML IS CCI Hlthcr LS Ucit

Fund information
Fund name
ML IS Columbus Circle Investors Healthcare Long-Short Ucits C Ret Acc GBP
Fund manager company
Merrill Lynch International
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
CCI Healthcare long-Short UCITS Fund is a Long/Short equity diversified healthcare fund investing primarily in U.S. public companies. The Fund aims to maximise returns while attempting to minimise risk. The Fund invests primarily in publicly traded common stock in the healthcare and life science sector (e.g. pharmaceuticals, biotechnology, medical technology, health services). The investment decisions are discretionary and are based on the investment manager's evaluation of a company's fundamentals, industry trends anmd market conditions. The Fund will seek to benefit from positive and negative price movements via derivative instruments.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Growth
Investment method
Shares
Quick stats
1 Year return
-11.8%
1 Year rank in sector
130/132
Sector
FO Absolute Return
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.
2.76%
Fund size
£140m (£481m 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.
71
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd17.9%
Polar Capital UK Abs Eq10.3%
SW Mitchell Emerging European9.6%
Orbis Optimal SA9.4%
Orbis Optimal USD9.4%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

  • No data available.
  • Biotechnology/Medical19.7%
    Pharmaceuticals12.7%
    Health Care-3.9%
    Hedge-4.3%
  • International Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%-1.7%-1.9%-11.8%-11.9%14.2%
Sector-0.5%-0.4%0.4%-0.4%2.2%9.7%
Rank within sector10 / 141111 / 141115 / 138130 / 13280 / 8323 / 64
Quartile1st4th4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund-10.4%-8.4%7%25.9%5%
Sector0.1%0.7%1.2%3.6%3.9%
Rank within sector125 / 132114 / 11510 / 881 / 7131 / 63
Quartile4th4th1st1st2nd
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.
-6.11
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.
3.26
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.
-0.01
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%.
11.26
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.
10.45
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.
-0.42
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.
0.27
Price movement
52 week high133.83
52 week low116.26
Current bid price-
Current offer price-
Current mid price118.81
Region
No data available.
Industry sector
1Biotechnology/Medical19.72%
2Pharmaceuticals12.71%
3Health Care-3.94%
4Hedge-4.25%
Asset type
1International Equities100%
Individual holdings
1MERCK & CO INC(NEW)4.57%
2BIOMARIN PHARMACEUTICAL4.48%
3INTUITIVE SURGICAL INC4.26%
Management
Fund manager group
Merrill Lynch
Fund manager company
Merrill Lynch International
Fund type
Offshore Fund
Fund objective
CCI Healthcare long-Short UCITS Fund is a Long/Short equity diversified healthcare fund investing primarily in U.S. public companies. The Fund aims to maximise returns while attempting to minimise risk. The Fund invests primarily in publicly traded common stock in the healthcare and life science sector (e.g. pharmaceuticals, biotechnology, medical technology, health services). The investment decisions are discretionary and are based on the investment manager's evaluation of a company's fundamentals, industry trends anmd market conditions. The Fund will seek to benefit from positive and negative price movements via derivative instruments.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Growth
Investment method
Shares
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Offshore, Portugal, Singapore, Sweden
ML IS Columbus Circle Investors Healthcare Long-Short Ucits B Inst Acc EUR
Initial charge-
Annual charge2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price120.39
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeINF0
ML IS Columbus Circle Investors Healthcare Long-Short Ucits B Inst Acc GBP
Initial charge-
Annual charge2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price125.85
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeINF2
ML IS Columbus Circle Investors Healthcare Long-Short Ucits B Inst Acc USD
Initial charge-
Annual charge2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price125.17
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeINF1
ML IS Columbus Circle Investors Healthcare Long-Short Ucits B Inst Inc GBP
Initial charge-
Annual charge2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price157.53
CurrencyGBP
Price updated30/06/2015
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeINF3
ML IS Columbus Circle Investors Healthcare Long-Short Ucits C Ret Acc EUR
Initial charge5%
Annual charge2.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.76%
Total expense ratio (TER)3.2%
Bid price-
Offer price-
Mid price114.88
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeINF9
ML IS Columbus Circle Investors Healthcare Long-Short Ucits C Ret Acc GBP
Initial charge5%
Annual charge2.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.76%
Total expense ratio (TER)3.2%
Bid price-
Offer price-
Mid price118.81
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeING1
ML IS Columbus Circle Investors Healthcare Long-Short Ucits C Ret Acc USD
Initial charge5%
Annual charge2.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.7%
Total expense ratio (TER)3.2%
Bid price-
Offer price-
Mid price117.51
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeING0
ML IS Columbus Circle Investors Healthcare Long-Short Ucits C Ret Inc GBP
Initial charge5%
Annual charge2.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.76%
Total expense ratio (TER)3.2%
Bid price-
Offer price-
Mid price121.55
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeING2
ML IS Columbus Circle Investors Healthcare Long-Short Ucits D Inst Acc EUR
Initial charge-
Annual charge2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.97%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price128.73
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeINF4
ML IS Columbus Circle Investors Healthcare Long-Short Ucits D Inst Acc USD
Initial charge-
Annual charge1.5%
Min single investment£4,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.91%
Total expense ratio (TER)1.91%
Bid price-
Offer price-
Mid price168.26
CurrencyUSD
Price updated21/04/2015
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeINF5
ML IS Columbus Circle Investors Healthcare Long-Short Ucits E Inst Acc USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.77
CurrencyUSD
Price updated22/12/2011
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeINF8
ML IS Columbus Circle Investors Healthcare Long-Short Ucits Z EUR
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.91
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJNHC
ML IS Columbus Circle Investors Healthcare Long-Short Ucits Z GBP
Initial charge5%
Annual charge2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.51%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJNHD
ML IS Columbus Circle Investors Healthcare Long-Short Ucits Z USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price88.38
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKZ9R
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.