Fact sheet: Margetts Opes Income

Fund information
Fund name
Margetts Opes Income R Acc
Fund manager company
Margetts Fund Management
Fund type
Unit Trust
Fund managers
  • Wayne Butterysince 13/01/2003
  • Toby Rickettssince 14/01/2003
Fund objective
The objective of the Margetts Opes Income Fund is to provide a total return to the investor through income distributions and capital growth over the medium and longer term. This will be achieved through a diversified portfolio of UCITS schemes and non-UCITS schemes (that have the same characteristics and restrictions as a UCITS schemes) that invest in equity, equity linked and fixed interest securities or money market funds from anywhere around the world but expected to be predominantly UK funds. The Manager will be able to select any economic sector in any geographic area at any given time.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
6.2%
1 Year rank in sector
170/223
Sector
UT Flexible Investment
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.
1.7%
Fund size
£6m (£5m 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.
69
Bid price
274.37
Offer price
274.72
Top in this sector
Fund name1 Year
M&G Managed Growth29%
CF IM Global Strategy23%
Architas Birthstar TD 2036 4020.8%
Architas Birthstar TD 2046 5020.5%
Architas Birthstar TD 2041 4520.1%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • UK40%
    Money Market15%
    Asia Pacific11%
    Others10%
    USA7%
  • No data available.
  • UK Equities40%
    Money Market15%
    Asia Pacific Equities11%
    Others10%
    US Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%-2.3%5.4%6.2%19.6%46.4%
Sector-0.6%0.3%8.2%9.1%18.5%44.8%
Rank within sector219 / 252226 / 246194 / 246170 / 22399 / 18688 / 158
Quartile4th4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.4%4.4%5.4%11%13.1%
Sector9.2%2%4.9%14.1%9.7%
Rank within sector178 / 23250 / 20999 / 188123 / 17728 / 160
Quartile4th1st3rd3rd1st
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.
-0.08
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.
1.02
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.
0.32
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%.
8.33
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.
2.65
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.
0.9
Price movement
52 week high287.82
52 week low235.73
Current bid price274.37
Current offer price274.72
Current mid price-
Region
1UK40%
2Money Market15%
3Asia Pacific11%
4Others10%
5USA7%
6Europe6%
7Not Specified6%
8Global Emerging Markets5%
Industry sector
No data available.
Asset type
1UK Equities40%
2Money Market15%
3Asia Pacific Equities11%
4Others10%
5US Equities7%
6European Equities6%
7Global Fixed Interest6%
8Global Emerging Market Equities5%
Individual holdings
1SCHRODER ASIAN INCOME L INC10.61%
2FIRST STATE GLOBAL LISTED INFRASTRUCTURE B GBP INC10%
3ROYAL LONDON UK EQUITY INCOME M INC9.84%
4SHORT-TERM INVESTMENTS CO(GLB SER)9.15%
5STANDARD LIFE INVESTMENTS UK EQUITY INCOME UNCONSTRAINED INST INC8.98%
6TROJAN INCOME O INC8.12%
7FIDELITY MONEYBUILDER DIVIDEND Y INC7.57%
8FIDELITY INDEX US P INC6.5%
9RATHBONE INCOME INST INC6.4%
Management
Fund manager group
Margetts Fund Management
Fund manager company
Margetts Fund Management
Fund type
Unit Trust
Fund objective
The objective of the Margetts Opes Income Fund is to provide a total return to the investor through income distributions and capital growth over the medium and longer term. This will be achieved through a diversified portfolio of UCITS schemes and non-UCITS schemes (that have the same characteristics and restrictions as a UCITS schemes) that invest in equity, equity linked and fixed interest securities or money market funds from anywhere around the world but expected to be predominantly UK funds. The Manager will be able to select any economic sector in any geographic area at any given time.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Wayne Buttery13/01/2003Wayne Buttery has been managing investments for clients since 1988 and now brings the concept of continuously managing portfolios to obtain a total return from the fund, regardless of geographic barriers or conventional market benchmarks.
Toby Ricketts14/01/2003Since joining Margetts in 1994, Toby is the CEO of Margetts and is widely regarded as a leading professional in collective investment management, being regularly profiled in the major financial publications and national press. Toby is the lead manager of the award winning Risk Rated fund of funds and the Sentinel Enterprise Fund. In addition, Toby holds positions on the investment committee of a number of third party fund ranges.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Margetts Opes Income Acc
Initial charge5%
Annual charge1.48%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)2.52%
Total expense ratio (TER)2.52%
Bid price266.78
Offer price280.76
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDJ90
Margetts Opes Income Inc
Initial charge5%
Annual charge1.48%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)2.52%
Total expense ratio (TER)2.52%
Bid price167.13
Offer price175.87
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDJ89
Margetts Opes Income R Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price274.37
Offer price274.72
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI29I
Margetts Opes Income R Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price172.18
Offer price172.42
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI29H
Data provided by

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