Fact sheet: Miton Gbl Opps PLC

Fund information
Fund name
Miton Global Opportunities PLC
Fund manager company
Miton Trust Managers Limited
Fund type
Investment Trust
Fund manager
  • Nick Greenwoodsince 05/04/2004
Fund objective
To outperform 3 month LIBOR (the interbank lending rate) plus 2% over the longer term, principally through exploiting inefficiencies in the pricing of Investment Trusts.
Benchmark
  • Libor GBP 3m + 2%
Investment style
Absolute Return
Investment method
No data available.
Quick stats
1 Year return
33.2%
1 Year rank in sector
4/14
Sector
IT 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.
1.4%
Fund size
£53m
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.
48
Mid price
210.5
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.
220.87
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.
-4.70
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.
109
Top in this sector
Fund name1 Year
UIL47%
JZ Cap Partners37.4%
New Star IT PLC35.6%
Miton Gbl Opps PLC33.2%
Est Inv Trust23.1%
...more in IT Flexible Investment

Performance snapshot

Holdings snapshot

  • UK23.1%
    Europe18.5%
    International17.9%
    North America10.3%
    Asia Pacific9.8%
  • Equities36.6%
    Property21.3%
    Private Equity20%
    Money Market5.7%
    Others4.6%
  • International Equities36.6%
    Property21.3%
    Private Equity20%
    Others8.7%
    Money Market5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%12.3%26.6%33.2%37.1%71.1%
Sector0.7%3.4%11.2%13.5%20.5%29.4%
Rank within sector7 / 152 / 155 / 144 / 144 / 132 / 12
Quartile2nd1st2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund33.2%0.3%2.6%17.4%5.2%
Sector13.2%3.3%3.9%5.7%1%
Rank within sector4 / 148 / 139 / 132 / 137 / 12
Quartile2nd3rd3rd1st3rd
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.
3.6
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.
1.33
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.
0.9
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%.
8.41
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.
5.87
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.
0.89
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.
0.53
Price movement
52 week high211.25
52 week low156
Current bid price209
Current offer price212
Current mid price210.5
Region
1UK23.1%
2Europe18.5%
3International17.9%
4North America10.3%
5Asia Pacific9.8%
6India9.3%
7Money Market5.7%
8Japan4.2%
9Not Specified1.1%
Industry sector
1Equities36.6%
2Property21.3%
3Private Equity20%
4Money Market5.7%
5Others4.6%
6Mineral Extraction4.4%
7Forest Products4.1%
8Mutual Funds2.2%
9Fixed Interest1.1%
Asset type
1International Equities36.6%
2Property21.3%
3Private Equity20%
4Others8.7%
5Money Market5.7%
6Commodity & Energy4.4%
7Hedge2.2%
8Global Fixed Interest1.1%
Individual holdings
1INDIA CAPITAL GROWTH9%
2TALIESIN PROPERTY LTD6.3%
3PANTHEON INTL ORD GBP0.676.1%
4BLACKFRIARS ESTABLISHMENT INVESTMENT TRUST5.1%
5ALTERNATIVE ASSET OPPORTUNITIES4.8%
6EPE SPECIAL OPPORTUNITIES PLC4.4%
7PHOENIX SPREE DEUTSCHLAND LIMITED SHARES NPV4.4%
8RIGHTS & ISSUES INVESTMENT TRUST INC4.1%
9BETTER CAPITAL PCC LD4%
Management
Fund manager group
PSigma Unit Trust Managers
Fund manager company
Miton Trust Managers Limited
Fund type
Investment Trust
Fund objective
To outperform 3 month LIBOR (the interbank lending rate) plus 2% over the longer term, principally through exploiting inefficiencies in the pricing of Investment Trusts.
Benchmark
  • Libor GBP 3m + 2%
Investment style
Absolute Return
Investment method
No data available.
Fund manager
NameSinceBiography
Nick Greenwood05/04/2004Nick commenced his career in private client stock broking during the late 1970s. Nick was a founder member of Christows stockbroking operation in 1991. He joined the Christows Investment Trust team setting up their London office in 1995 and became lead manager in November 1997. Nick joined iimia in July 2002; iimia Accelerated was launched in April 2003 and was followed by iimia Investment Trust Nick became Chief Investment Officer following the merger with Exeter Fund Managers in August 2005. A subsequent merger with Miton Asset Management occurred in November 2007 and the iiT changed its name to the Miton Worldwide Growth Investment Trust in 2010. iimia Accelerated was renamed to Miton Select Assets in July 2009 and subsequently changed to CF Miton Worldwide Opportunities Fund in October 2012.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Miton Global Opportunities PLC
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 price221.88
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJFM
Miton Global Opportunities PLC NFV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price221.68
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0WPC
Miton Global Opportunities PLC NPV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price221.68
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IMM
Data provided by

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