Fact sheet: Middlefield Cndn Inc Tst

Fund information
Fund name
Middlefield Canadian Income Trust I
Fund manager company
Middlefield International
Fund type
Investment Trust
Fund manager
No data available.
Fund objective
The Fund’s investment objective is to provide shareholders with a high level of dividends as well as capital growth over the longer term.
Benchmark
  • S&P/TSX Equity Income Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
59.6%
1 Year rank in sector
3/6
Sector
IT North America Equities
Yield
4.7%
Fund size
£115m
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.
126
Mid price
107.25
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.
120.75
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.
-11.18
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.
100
Top in this sector
Fund name1 Year
The NthAmrcn InTstplc67%
Blkrk Nth Amr Inc Tst60.3%
Middlefield Cndn Inc Tst59.6%
Canadian General Inv50.6%
JP Morgan American IT plc48.7%
...more in IT North America Equities

Performance snapshot

Holdings snapshot

  • Canada67.8%
    USA27%
    Not Specified5.2%
  • Real Estate18.1%
    Financials16.4%
    Energy14.3%
    Oil & Gas Equipment & Services12%
    Materials8.3%
  • Canadian Equities67.8%
    US Equities27%
    Global Fixed Interest5.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.7%10.3%22.9%59.6%22.1%33.2%
Sector3.6%11.7%22.2%55.7%47.4%80.9%
Rank within sector1 / 64 / 63 / 63 / 65 / 54 / 4
Quartile1st3rd2nd2nd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund5.1%43.4%-21.6%1.2%4.5%
Sector2.2%42.4%-7.7%8.6%18%
Rank within sector1 / 63 / 65 / 55 / 55 / 5
Quartile1st2nd4th4th4th
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.
-10.29
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.
1.34
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.
0.05
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%.
19
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.
10.78
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.
-0.67
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.
0.72
Price movement
52 week high109.75
52 week low63.63
Current bid price106
Current offer price108.5
Current mid price107.25
Region
1Canada67.8%
2USA27%
3Not Specified5.2%
Industry sector
1Real Estate18.1%
2Financials16.4%
3Energy14.3%
4Oil & Gas Equipment & Services12%
5Materials8.3%
6Industrials6.5%
7Utilities5.6%
8Fixed Interest5.2%
9Health Care4.9%
Asset type
1Canadian Equities67.8%
2US Equities27%
3Global Fixed Interest5.2%
Individual holdings
1VERMILLION INC4.3%
2JPMORGAN CHASE & CO4.2%
3CF INDUSTRIES HOLDINGS INC3.8%
4NATIONAL BANK OF CANADA3.7%
5MICROSOFT CORP3.6%
6CARGOJET INC3.5%
7ENBRIDGE INC3.3%
8CHARTWELL RETIREMENT RESIDENCES3.2%
9BROOKFIELD PROPERTY PARTNERS LP3.1%
Management
Fund manager group
Middlefield International
Fund manager company
Middlefield International
Fund type
Investment Trust
Fund objective
The Fund’s investment objective is to provide shareholders with a high level of dividends as well as capital growth over the longer term.
Benchmark
  • S&P/TSX Equity Income Index
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom, Jersey, Offshore
Middlefield Canadian Income Trust I
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 price120.75
CurrencyGBX
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJHM
Data provided by

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