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 18/08/2011
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
13.2%
1 Year rank in sector
32/135
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
Capital Group EMTOpL37.8%
HSBC Pfl World Seltn 331.1%
Oasis Crs Gbl Low EqBal26.3%
Templeton Emg Mkts Bal26%
SEI Balanced25.5%
...more in FO Mixed Asset - Balanced

Performance snapshot

Holdings snapshot

  • USA48.4%
    Europe ex UK14.5%
    Global Emerging Markets13.5%
    UK7.9%
    Money Market5.4%
  • Information Technology16.8%
    Consumer Discretionary16.5%
    Consumer Staples13.9%
    Health Care12.9%
    Financials10.8%
  • Global Fixed Interest34%
    International Equities30%
    Money Market21%
    Property11%
    Others4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.2%1.9%4.2%13.2%16.4%27%
Sector1.5%1.4%3.5%9.4%10.9%26.6%
Rank within sector34 / 14465 / 14653 / 14532 / 13528 / 11451 / 90
Quartile1st2nd2nd1st1st3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.4%9.1%-0.9%5.8%3.7%
Sector1%5.2%-0.3%4.7%7.5%
Rank within sector47 / 14527 / 13464 / 12446 / 11486 / 103
Quartile2nd1st3rd2nd4th
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.
1.69
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.
0.91
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.
0.2
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%.
5.51
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.
2.26
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.
0.61
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 high10.76
52 week low9.22
Current bid price-
Current offer price-
Current mid price10.77
Region
1USA48.4%
2Europe ex UK14.5%
3Global Emerging Markets13.5%
4UK7.9%
5Money Market5.4%
6Japan5.1%
7Pacific ex-Japan2.7%
8Canada2.5%
Industry sector
1Information Technology16.8%
2Consumer Discretionary16.5%
3Consumer Staples13.9%
4Health Care12.9%
5Financials10.8%
6Industrials10.6%
7Money Market5.4%
8Materials3.8%
9Energy3.5%
Asset type
1Global Fixed Interest34%
2International Equities30%
3Money Market21%
4Property11%
5Others4%
Individual holdings
1NEDGROUP GLOBAL EQUITY FUND8.7%
2AXA US SHORT DURATION HIGH YIELD8.6%
3WELLINGTON GLOBAL CREDIT PLUS G HEDGED ACC GBP6.8%
4PIMCO GLOBAL IG CREDIT6.4%
5TOBAM ANTI-BENCHMARK WORLD EQUITY FUND5.4%
6NEDGROUP GLOBAL PROPERTY FUND4.9%
7F&C F&C COMMERCIAL PROPERTY4.7%
8MUZINICH SHORT DURATION HIGH YIELD4.4%
9VANGUARD GLOBAL STOCK INDEX INST EUR3.9%
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) Limited18/08/2011
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 price10.7748
CurrencyGBP
Price updated11/01/2017
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 price1.2727
CurrencyUSD
Price updated11/01/2017
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 price12.3624
CurrencyGBP
Price updated11/01/2017
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 price11.8517
CurrencyUSD
Price updated11/01/2017
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 price12.1304
CurrencyGBP
Price updated11/01/2017
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 price9.9069
CurrencyUSD
Price updated11/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICMO
Data provided by

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