Fact sheet: Mirabaud Eqs UK Hgh Inc

Fund information
Fund name
Mirabaud Equities UK High Income A Cap GBP
Fund manager company
Mirabaud Asset Management (Eur
Fund type
Offshore Fund
Fund managers
  • Philip Watsonsince 20/04/1999
  • David Knealesince 01/01/2001
Fund objective
The objective of the Fund is to achieve the maximum sustainable dividend yield obtainable from UK Equities, with potential for capital growth. The Fund will principally invest, directly or indirectly, in equities or other securities issued by companies that have their registered office or are carrying out the majority of their business in the United Kingdom, without specialising in any particular industrial sector.
Benchmark
  • FTSE All Share TR
Investment style
None
Investment method
Shares
Quick stats
1 Year return
7.7%
1 Year rank in sector
44/58
Sector
FO Equity - UK
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.
1.48%
Fund size
£23m (£31m 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.
92
Top in this sector
Fund name1 Year
Boost FTSE 100 3x LD ETP46.8%
Boost FTSE 100 2x LD ETP33.1%
Liontrust GF UK Growth24.6%
Liontrust GF Spl Sits23%
Ardevora UK Equity22%
...more in FO Equity - UK

Performance snapshot

Holdings snapshot

  • UK98%
    Money Market2%
  • Financials26%
    Consumer Discretionary21.8%
    Health Care15%
    Energy13.9%
    Consumer Staples6%
  • UK Equities98%
    Money Market2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%15.7%8.4%7.7%12.3%53.7%
Sector0.8%8.9%9.4%9.5%18.1%68.4%
Rank within sector19 / 647 / 6441 / 6244 / 5836 / 4736 / 41
Quartile2nd1st3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund6%2.1%-0.7%20%10.7%
Sector6.1%4.9%1%23.7%12.3%
Rank within sector40 / 6132 / 5637 / 4932 / 4334 / 42
Quartile3rd3rd4th3rd4th
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.
-2.61
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.
1.13
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.
0.03
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.
4.66
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.
-0.43
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.
0.84
Price movement
52 week high2.24
52 week low1.81
Current bid price-
Current offer price-
Current mid price2.23
Region
1UK98%
2Money Market2%
Industry sector
1Financials26%
2Consumer Discretionary21.8%
3Health Care15%
4Energy13.9%
5Consumer Staples6%
6Industrials5.1%
7Real Estate3.8%
8Information Technology3.2%
9Materials3.2%
Asset type
1UK Equities98%
2Money Market2%
Individual holdings
1ROYAL DUTCH SHELL7.9%
2INTERMEDIATE CAPITAL GROUP6%
3PETROFAC6%
4ST JAMES`S PLACE PLC5.8%
5SHIRE PLC5.4%
6ASTRAZENECA PLC4.8%
7BERKELEY GROUP HLDGS4.6%
8SCHRODERS -NVTG4.5%
9TAYLOR WIMPEY PLC4.1%
Management
Fund manager group
Mirabaud
Fund manager company
Mirabaud Asset Management (Eur
Fund type
Offshore Fund
Fund objective
The objective of the Fund is to achieve the maximum sustainable dividend yield obtainable from UK Equities, with potential for capital growth. The Fund will principally invest, directly or indirectly, in equities or other securities issued by companies that have their registered office or are carrying out the majority of their business in the United Kingdom, without specialising in any particular industrial sector.
Benchmark
  • FTSE All Share TR
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Philip Watson20/04/1999Philip Watson is Chief Investment Officer of all Mirabaud's Equity products. He has been managing portfolios for Mirabaud since 1982, having previously worked for ten years at Robert Fleming. He joined Robert Fleming in 1972 on the UK desk where he worked as an investment analyst and Fund Manager. He left Fleming's in 1982 to found TWH Asset Management Limited (now Mirabaud Investment Management Limited) in which he and his partners sold a controlling interest to Mirabaud Pereire Holdings Limited in1991. Philip studied Economics at Strathclyde University.
David Kneale01/01/2001David Kneale has been managing UK equity portfolios for Mirabaud since 2001 and heads the UK equity team. Prior to joining Mirabaud, he spent 3 years as a strategy consultant at Arkwright working in the financial services and media sectors. He graduated from the University of Oxford with a degree in geography and holds the Investment Management Certificate.
Compliance
Transparent for Swiss Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Spain, France, United Kingdom, Luxembourg, Offshore
Mirabaud Equities UK High Income A Cap GBP
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price2.2321
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO177
Mirabaud Equities UK High Income A Dist GBP
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price1.9928
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMD69
Mirabaud Equities UK High Income D Cap GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFK0U
Mirabaud Equities UK High Income D Dist GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFK0V
Mirabaud Equities UK High Income I Cap GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.2936
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0XZ
Data provided by

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