Fact sheet: Majedie Investments PLC

Fund information
Fund name
Majedie Investments PLC
Fund manager company
Majedie Investments IT
Fund type
Investment Trust
Fund managers
  • Mr. Chris Simmonssince 01/12/2008
  • Nick Rundlesince 16/11/2009
Fund objective
To maximise total shareholder return whilst increasing dividends by more than the rate of inflation over the long term.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
28.6%
1 Year rank in sector
20/24
Sector
IT Global
Yield
2.8%
Fund size
£165m
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.
117
Mid price
310
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
319.1
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-3.05
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
117
Top in this sector
Fund name1 Year
JPM Gbl Grw&Inc plc63.3%
British Empire Trust plc57.7%
Monks IT PLC56.4%
Lindsell Train IT plc54.7%
Sct Mtg IT PLC44.8%
...more in IT Global

Performance snapshot

Holdings snapshot

  • UK88.1%
    Europe5.7%
    Money Market3.4%
    North America2%
    International0.8%
  • Financials18.7%
    Oil & Gas17.1%
    Consumer Services14.9%
    Basic Materials11.5%
    Industrials10.1%
  • UK Equities88.1%
    European Equities5.7%
    Money Market3.4%
    North American Equities2%
    International Equities0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%19%20.1%28.6%61.9%135.3%
Sector3.6%9.6%13.8%38%45%83.5%
Rank within sector19 / 241 / 244 / 2420 / 246 / 243 / 24
Quartile4th1st1st4th1st1st
Calendar performance
 YTD - 20172016201520142013
Fund7.4%11.4%17.4%24.9%33.7%
Sector5.7%21.1%6.8%7.4%21%
Rank within sector10 / 2419 / 244 / 241 / 245 / 24
Quartile2nd4th1st1st1st
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.
12.03
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.
0.46
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.
1.07
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%.
13.04
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.
12.82
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.
0.35
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.
0.09
Price movement
52 week high311
52 week low237
Current bid price307
Current offer price313
Current mid price310
Region
1UK88.11%
2Europe5.72%
3Money Market3.42%
4North America1.96%
5International0.79%
Industry sector
1Financials18.72%
2Oil & Gas17.14%
3Consumer Services14.87%
4Basic Materials11.54%
5Industrials10.07%
6Telecommunications9.46%
7Equities8.18%
8Money Market3.42%
9Health Care2.71%
Asset type
1UK Equities88.11%
2European Equities5.72%
3Money Market3.42%
4North American Equities1.96%
5International Equities0.79%
Individual holdings
1MAJEDIE ASSET MANAGEMENT25.7%
2MAJEDIE TORTOISE A GBP16.3%
3MAJEDIE UK INCOME A9.8%
4MAJEDIE GLOBAL EQUITY FUND9.7%
5MAJEDIE US EQUITY FUND3.9%
6MAJEDIE GLOBAL FOCUS FUND3.4%
7MAJEDIE UK SMALLER COMPANIES FUND2.6%
8ROYAL DUTCH SHELL2.5%
9HSBC HOLDINGS PLC2.3%
Management
Fund manager group
Majedie
Fund manager company
Majedie Investments IT
Fund type
Investment Trust
Fund objective
To maximise total shareholder return whilst increasing dividends by more than the rate of inflation over the long term.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Mr. Chris Simmons01/12/2008Chris Simmons joined Majedie Investments in November 2004 as an equity analyst before being appointed Portfolio Manager in March 2006. His investment experience spans all industry sectors in the UK and overseas, ranging from mega cap to small and unlisted equities. He was responsible for devising and implementing strategy, asset allocation and individual stock selection at the investment fund whilst also managing the run-off of a small cap portfolio. Prior to joining Majedie Investments, Chris worked at Deloitte LLP as a manager in the London Financial Services practice where he qualified as a Chartered Accountant in 2002. He graduated from the University of Nottingham in 1995 with an honours degree in Industrial Economics. Chris is a director of Majedie Asset Management, an investment firm with circa £5bn of UK equities under management.
Nick Rundle16/11/2009NICK RUNDLE, born 1958, graduated with a BA (Honours) degree in PPE from Oxford University and joined Wood Mackenzie in 1983. He has worked for a number of brokers including BZW from 1988-1995. He was Head of Client Account Management at Morley Fund Management, the asset management division of Aviva, before joining Gerrard as an investment manager in 2002. From 1998-1999 he was a Sloan Fellow at the London Business School and holds an MSc in management from London University. Nick joined TYIM in 2004. He is a Senior Investment Manager and manages the Taylor Young Equity Income Fund. He is a Member of the Securities and Investment Institute.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Majedie Investments PLC
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price319.1
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNKFA
Data provided by

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