Fact sheet: Mirabaud Equities US

Fund information
Fund name
Mirabaud Equities US A USD
Fund manager company
Mirabaud Asset Management (Eur
Fund type
Offshore Fund
Fund managers
  • Anu Narulasince 30/06/2014
  • Kirill Pyshkinsince 30/06/2014
Fund objective
The objective of the fund is to achieve capital appreciation over the long term. The fund invests at least two thirds of its assets in liquid securities of companies incorporated in the USA, or deriving a major part of their revenue from the USA. Stock selection is approached from a bottom-up perspective. The fund is not permitted to enter into derivative transactions for speculative purposes though these may be utlilized for the purposes of efficient portfolio management. The strategy of the Fund is also to integrate Environmental, Social and Corporate Governance (ESG) analysis, which emphasize long-term performance objectives and identifies business opportunities arising from sustainability models.
Benchmark
  • S&P 500 TR
Investment style
Capital Protection Targeted,Growth
Investment method
Shares
Quick stats
1 Year return
-4.1%
1 Year rank in sector
186/208
Sector
FO Equity - USA
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.
1.9%
Fund size
£74m (£102m 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.
109
Top in this sector
Fund name1 Year
Dodge & Cox US Stk40%
Oyster US Selection34.6%
Hermes US SMID Equity33.9%
T. Rowe Price USLgeCapValEq32.7%
GAM Star Gamco US Eq32.5%
...more in FO Equity - USA

Performance snapshot

Holdings snapshot

  • USA99.9%
    Money Market0.1%
  • Information Technology20.8%
    Health Care19.4%
    Consumer Discretionary16.7%
    Financials12.9%
    Industrials8.1%
  • US Equities99.9%
    Money Market0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%-3.4%-1.1%-4.1%4.5%43.1%
Sector4%2.4%5.9%5%19.1%70.1%
Rank within sector156 / 220209 / 219204 / 213186 / 208163 / 177143 / 147
Quartile3rd4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-0.2%-3.4%6.5%27.6%8.7%
Sector7.1%-1.6%10.7%31.8%10.2%
Rank within sector181 / 210140 / 193146 / 178132 / 162124 / 149
Quartile4th3rd4th4th4th
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.
-2.8
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.
0.82
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%.
10.22
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.
5.32
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.
-0.7
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.
0.78
Price movement
52 week high172.16
52 week low147.58
Current bid price-
Current offer price-
Current mid price164.95
Region
1USA99.9%
2Money Market0.1%
Industry sector
1Information Technology20.8%
2Health Care19.4%
3Consumer Discretionary16.7%
4Financials12.9%
5Industrials8.1%
6Consumer Staples7.5%
7Energy6.5%
8Real Estate4.3%
9Telecommunications Utilities3.7%
Asset type
1US Equities99.9%
2Money Market0.1%
Individual holdings
1FIRST REPUBLIC BANK SAN FRANCISCO4.7%
2MOHAWK INDUSTRIES4.7%
3AMDOCS4.5%
4TJX COS INC4.4%
5ALPHABET INC4.3%
6AMERICAN TOWER CORP4.3%
7BLACKROCK INC4.3%
8MEDTRONIC INC4.3%
9MOBILEYE NV4.1%
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 capital appreciation over the long term. The fund invests at least two thirds of its assets in liquid securities of companies incorporated in the USA, or deriving a major part of their revenue from the USA. Stock selection is approached from a bottom-up perspective. The fund is not permitted to enter into derivative transactions for speculative purposes though these may be utlilized for the purposes of efficient portfolio management. The strategy of the Fund is also to integrate Environmental, Social and Corporate Governance (ESG) analysis, which emphasize long-term performance objectives and identifies business opportunities arising from sustainability models.
Benchmark
  • S&P 500 TR
Investment style
Capital Protection Targeted,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Anu Narula30/06/2014Before joining Mirabaud, Narula worked at AXA Framlington where he managed various portfolios including a global high income fund and a global opportunities fund. Both funds delivered outstanding performance over the years versus peers and benchmarks. Previously he worked at the global macro hedge fund, Cadwyn Global, from 2005 to 2007, becoming a partner and portfolio manager focusing on the global equity part of the fund in 2006. Narula began his career at Morley Fund Management as a Trainee Fund Manager on the global equity team in 2001 before becoming a fully-fledged portfolio manager in 2003. Narula is a CFA charter holder, holds an MBA from the London Business School and has a BSc in economics from the London School of Economics.
Kirill Pyshkin30/06/2014Kiril Joined Aviva Investors in 2008. Kirill is a fund manager within the SRI team focussing on global equities high yield. Kirill previously worked as a global technology analyst at Crédit Agricole Asset Management. Prior to that, he spent three years as a sell-side analyst at Sanford Bernstein and JPMorgan. Kirill began his career as a management consultant working on business strategy projects for clients in telecommunications. He holds PhD in physics from Cambridge University and MBA from Imperial College.
Compliance
Transparent for Swiss Tax, Transparent for German Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Spain, France, United Kingdom, Luxembourg, Netherlands, Offshore
Mirabaud Equities US A USD
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.9%
Total expense ratio (TER)1.79%
Bid price-
Offer price-
Mid price164.95
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF8Z6
Mirabaud Equities US I USD
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price173.86
CurrencyUSD
Price updated28/10/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC3S0
Data provided by

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