Fact sheet: Nedgroup Balanced Multi

Fund information
Fund name
Nedgroup Balanced Multi A GBP
Fund manager company
Nedgroup Investments (IOM) Ltd
Fund type
OEIC
Fund manager
  • Nedgroup Investments (IOM) Limitedsince 19/08/2011
Fund objective
The Balanced MultiFund aims to provide moderate levels of growth with moderate levels of risk and volatility over the medium to longer-term. It is anticipated that the Balanced MultiFund will achieve a return in excess of 3-month LIBID + 1% to 3% in the currency of the relevant share class over a rolling 3 to 5 year period.
Benchmark
  • 3 month LIBID +1 to +3% over three to five years
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
9.1%
1 Year rank in sector
31/132
Sector
FO Mixed Asset - Balanced
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.
2.11%
Fund size
£202m
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.
41
Top in this sector
Fund name1 Year
Templeton Emg Mkts Bal40.1%
Capital Group EMTOpL28.1%
HSBC Pfl World Seltn 326.9%
Oasis Crs Gbl Low EqBal23.5%
Morg Stnly Gbl Bal Inc21.8%
...more in FO Mixed Asset - Balanced

Performance snapshot

Holdings snapshot

  • USA44.9%
    Europe ex UK18.9%
    Global Emerging Markets12.9%
    UK8.4%
    Money Market4.8%
  • Information Technology16.6%
    Consumer Discretionary15.6%
    Consumer Staples13.6%
    Health Care13.3%
    Industrials12.2%
  • Global Fixed Interest34%
    International Equities33%
    Money Market19%
    Property10%
    Others4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%5.9%6.4%9.1%12.7%23.9%
Sector-0.1%4%5%5.2%11.2%28.6%
Rank within sector106 / 14433 / 13838 / 13731 / 13245 / 11172 / 89
Quartile3rd1st2nd1st2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund7.4%-0.9%5.8%3.7%6.7%
Sector4.3%-0.3%4.7%7.5%7.6%
Rank within sector32 / 13467 / 12547 / 11587 / 10478 / 93
Quartile1st3rd2nd4th4th
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.
0.96
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.
0.9
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.
0.26
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%.
5.63
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.
2.37
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.
0.22
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.
0.83
Price movement
52 week high10.57
52 week low9.22
Current bid price-
Current offer price-
Current mid price10.46
Region
1USA44.9%
2Europe ex UK18.9%
3Global Emerging Markets12.9%
4UK8.4%
5Money Market4.8%
6Japan4.3%
7Pacific ex-Japan3.1%
8Canada2.7%
Industry sector
1Information Technology16.6%
2Consumer Discretionary15.6%
3Consumer Staples13.6%
4Health Care13.3%
5Industrials12.2%
6Financials12.1%
7Money Market4.8%
8Materials4.1%
9Energy3.2%
Asset type
1Global Fixed Interest34%
2International Equities33%
3Money Market19%
4Property10%
5Others4%
Individual holdings
1NEDGROUP GLOBAL EQUITY FUND9.9%
2AXA US SHORT DURATION HIGH YIELD9.2%
3WELLINGTON GLOBAL CREDIT PLUS G HEDGED ACC GBP7%
4PIMCO GLOBAL IG CREDIT6.5%
5TOBAM ANTI-BENCHMARK WORLD EQUITY FUND5.9%
6ISHARES DEVELOPED MARKETS PROPERTY YIELD UCITS ETF GBP5.3%
7ISHARES DEVELOPED MARKETS PROPERTY YIELD UCITS ETF GBP5.3%
8MUZINICH SHORT DURATION HIGH YIELD4.4%
9F&C F&C COMMERCIAL PROPERTY4.1%
Management
Fund manager group
Nedgroup Investments
Fund manager company
Nedgroup Investments (IOM) Ltd
Fund type
OEIC
Fund objective
The Balanced MultiFund aims to provide moderate levels of growth with moderate levels of risk and volatility over the medium to longer-term. It is anticipated that the Balanced MultiFund will achieve a return in excess of 3-month LIBID + 1% to 3% in the currency of the relevant share class over a rolling 3 to 5 year period.
Benchmark
  • 3 month LIBID +1 to +3% over three to five years
Investment style
Balanced
Investment method
None
Fund manager
NameSinceBiography
Nedgroup Investments (IOM) Limited19/08/2011
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Nedgroup Balanced Multi A GBP
Initial charge-
Annual charge-
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.458
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0NUG
Nedgroup Balanced Multi A USD
Initial charge-
Annual charge-
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.2635
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0NUF
Nedgroup Balanced Multi B GBP
Initial charge-
Annual charge-
Min single investment£750,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.984
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0NUI
Nedgroup Balanced Multi B USD
Initial charge-
Annual charge-
Min single investment£750,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.7522
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0NUH
Nedgroup Balanced Multi C GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.7403
CurrencyGBP
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICMP
Nedgroup Balanced Multi C USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.8087
CurrencyUSD
Price updated21/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICMO
Data provided by

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