Fact sheet: Majedie UK Smaller Companies

Fund information
Fund name
Majedie UK Smaller Companies A Acc
Fund manager company
Majedie Asset Management
Fund type
OEIC
Fund managers
  • Richard Staveleysince 30/06/2015
Fund objective
To maximise total return and to outperform the Numis Smaller Companies plus AIM (ex Investment Companies) Total Return Index over the long term through investment in a portfolio of UK equities predominantly within that index.
Benchmark
  • Numis Smaller Companies plus AIM
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
1.4%
1 Year rank in sector
35/47
Sector
UT UK Smaller Companies
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.
1.03%
Fund size
£402m
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.
70
Mid price
265.38
Top in this sector
Fund name1 Year
Cavendish AIM22.5%
The MI Discretionary Unit18.2%
Jupiter UK Smaller Companies17.8%
TB Amati UK Sm Cos15.8%
Marlborough UK Micro Cap Gwth11.5%
...more in UT UK Smaller Companies

Performance snapshot

Holdings snapshot

  • UK97.2%
    Money Market2.8%
  • Support Services15%
    Mineral Extraction10.8%
    Oil & Gas Exploration & Production8.3%
    Software7.7%
    Media7.2%
  • UK Equities97.2%
    Money Market2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%-0.7%0.6%1.4%6.7%45.2%
Sector2.7%0.7%4.1%4%20.6%92.8%
Rank within sector31 / 4834 / 4840 / 4835 / 4746 / 4644 / 44
Quartile3rd3rd4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0.7%8.4%-5.8%27.8%12.9%
Sector3.5%14.2%-1.9%37.4%22.5%
Rank within sector36 / 4743 / 4740 / 4645 / 4541 / 44
Quartile4th4th4th4th4th
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.
-1.67
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.
0.71
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
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%.
9.73
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.
8.89
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.
-0.4
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.
0.18
Price movement
52 week high273.23
52 week low235.98
Current bid price-
Current offer price-
Current mid price265.38
Region
1UK97.16%
2Money Market2.84%
Industry sector
1Support Services15.01%
2Mineral Extraction10.82%
3Oil & Gas Exploration & Production8.27%
4Software7.67%
5Media7.16%
6Travel5.4%
7Financial Services5.18%
8Food Producers3.87%
9General Industrials3.79%
Asset type
1UK Equities97.16%
2Money Market2.84%
Individual holdings
1CENTAMIN PLC3.05%
2COATS GROUP PLC2.77%
3TULLETT PREBON PLC2.41%
4SDL2.15%
5EQUINITI GROUP PLC2.06%
6CONVIVIALITY PLC1.99%
7OPHIR ENERGY PLC1.95%
8RPS GROUP1.93%
9888 HLDGS1.87%
Management
Fund manager group
Majedie
Fund manager company
Majedie Asset Management
Fund type
OEIC
Fund objective
To maximise total return and to outperform the Numis Smaller Companies plus AIM (ex Investment Companies) Total Return Index over the long term through investment in a portfolio of UK equities predominantly within that index.
Benchmark
  • Numis Smaller Companies plus AIM
Investment style
Active
Investment method
Shares
Fund managers
NameSinceBiography
Richard Staveley30/06/2015Richard Staveley is a fund manager and analyst with 17 years’ investment experience in UK and international equity markets. Richard is responsible for managing the UK Smaller Companies Fund and the smaller companies element of the UK Equity Fund. Before joining Majedie in 2013, Richard was a founding Partner of River & Mercantile Asset Management, where he managed the UK Smaller Companies and UK Income funds and was Head of Research. Until 2006, he was a Fund Manager and subsequently Head of UK Small Companies at Société Générale Asset Management. Prior to that, he was an Assistant Fund Manager at hedge fund boutique Bradshaw Asset Management. Richard qualified as a Chartered Accountant at Coopers & Lybrand/PwC, which he joined in 1996. He holds a Bachelor of Arts degree in Politics from the University of Newcastle. He is a CFA charter holder.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Majedie UK Smaller Companies A Acc
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price265.38
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM973
Majedie UK Smaller Companies B Acc
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.03%
Total expense ratio (TER)0.03%
Bid price-
Offer price-
Mid price295.53
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM974
Data provided by

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