Fact sheet: NFU Mutual Deposit

Fund information
Fund name
NFU Mutual Deposit C
Fund manager company
NFU Mutual Unit Managers Ltd
Fund type
OEIC
Fund manager
  • Kevin Watsonsince 31/05/2009
Fund objective
The fund aims to provide capital protection with some income. The fund will invest in cash deposits with not more than 20% in any one institution. The fund is able to invest in near-cash instruments to increase yield where required. The fund invests principally in deposits and in money market assets, which includes deposits in banks and other financial institutions.
Benchmark
  • IA Specialist
Investment style
Capital Protection Targeted
Investment method
Deposits
Quick stats
1 Year return
-0.2%
1 Year rank in sector
18/18
Sector
UT Money Market
Yield
0.4%
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.
0.56%
Fund size
£16m (£10m last year)
Mid price
98.24
Top in this sector
Fund name1 Year
Thesis Motim9.7%
Royal London Enhncd Csh +1%
Federated Stg Csh +0.8%
F&C Short Duration Bond0.8%
Royal London Cash Plus0.5%
...more in UT Money Market

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.1%-0.1%-0.2%-0.5%-0.7%
Sector-0.1%-0%0.6%0.8%0.9%2.1%
Rank within sector17 / 1817 / 1818 / 1818 / 1817 / 1714 / 14
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-0.2%-0.1%-0.2%-0.2%-0%
Sector0.8%-0.2%0.2%1%0.4%
Rank within sector18 / 1817 / 1717 / 1716 / 1613 / 14
Quartile4th4th4th4th4th
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.
-0.14
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.
-0.13
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.
-
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%.
0.02
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.
0.04
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.
-6.29
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.
0.03
Price movement
52 week high98.75
52 week low98.24
Current bid price-
Current offer price-
Current mid price98.24
Region
1Money Market100%
Industry sector
1Money Market100%
Asset type
1Money Market100%
Individual holdings
No data available.
Management
Fund manager group
NFU Mutual Unit Managers
Fund manager company
NFU Mutual Unit Managers Ltd
Fund type
OEIC
Fund objective
The fund aims to provide capital protection with some income. The fund will invest in cash deposits with not more than 20% in any one institution. The fund is able to invest in near-cash instruments to increase yield where required. The fund invests principally in deposits and in money market assets, which includes deposits in banks and other financial institutions.
Benchmark
  • IA Specialist
Investment style
Capital Protection Targeted
Investment method
Deposits
Fund manager
NameSinceBiography
Kevin Watson31/05/2009Kevin Watson is head of NFU Mutual's Fixed Interest team and has overall responsibility for the Gilt & Corporate Bond Fund. Kevin joined NFU Mutual in October 1984 as an Investment Analyst and has been a Fund Manager since 1990. Kevin graduated in 1984 with a first class honours degree in Economics from the London School of Economics and is a Member of the Securities Institute.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
NFU Mutual Deposit B
Initial charge3%
Annual charge0.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)0.57%
Bid price-
Offer price-
Mid price95.98
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFEM1
NFU Mutual Deposit C
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.24
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG7AI
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.