Fact sheet: Nedgroup Global Flexible

Fund information
Fund name
Nedgroup Global Flexible C
Fund manager company
Nedgroup Investments (IOM) Ltd
Fund type
OEIC
Fund manager
  • Nedgroup Investments (IOM) Limitedsince 17/03/1999
Fund objective
The objective of the Global Flexible Fund is to provide investors with long-term capital growth through investment in a diversified range of global asset classes and currencies. The fund aims to produce an equity-like return over the long-term but with less risk than equity markets; its broad mandate allows it to invest across asset classes and the capital structure, in a variety of market caps, geographies and sectors.
Benchmark
No data available.
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
13.7%
1 Year rank in sector
29/144
Sector
FO Mixed Asset - Flexible
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.
1.08%
Fund size
£671m
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.
91
Top in this sector
Fund name1 Year
Smith & Williamson Md-OcnWdInv32.6%
HSBC Pfl World Seltn 430.8%
Investec EmrgMktsMA29.2%
Pioneer FlxOpprt24%
GaveKal Asian Opp UCITS24%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • USA43.4%
    Money Market40.9%
    UK5.8%
    Not Specified3.6%
    Europe2.5%
  • No data available.
  • US Equities43.4%
    Money Market40.9%
    UK Equities5.8%
    Global Corporate Fixed Interest3.4%
    European Equities2.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%3%8.6%13.7%15.9%-
Sector0.5%3%3.6%7.4%11.6%20.8%
Rank within sector127 / 16170 / 16311 / 15929 / 14437 / 100-
Quartile4th2nd1st1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.9%8.6%-1.7%5.9%-
Sector3%3.4%-0.1%5%6.8%
Rank within sector38 / 16338 / 14184 / 11648 / 98-
Quartile1st2nd3rd2nd
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.
1.13
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.
1.25
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%.
8.17
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.
5.55
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.
0.32
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.
0.56
Price movement
52 week high1.27
52 week low1.06
Current bid price-
Current offer price-
Current mid price1.25
Region
1USA43.4%
2Money Market40.9%
3UK5.8%
4Not Specified3.6%
5Europe2.5%
6Asia1.9%
7Global Emerging Markets1.9%
Industry sector
No data available.
Asset type
1US Equities43.4%
2Money Market40.9%
3UK Equities5.8%
4Global Corporate Fixed Interest3.4%
5European Equities2.5%
6Asia Pacific Equities1.9%
7Global Emerging Market Equities1.9%
8Convertibles0.2%
Individual holdings
1ORACLE CORP3.6%
2UNITED TECHNOLOGIES CORP3.1%
3AMERICAN INTERNATIONAL GROUP INC3%
4AON PLC2.7%
5BANK OF AMERICA CORP2.7%
6CIT GROUP INC2.7%
7CITIGROUP INC2.7%
8LEUCADIA NATIONAL CORP2.4%
9MICROSOFT CORP2.3%
Management
Fund manager group
Nedgroup Investments
Fund manager company
Nedgroup Investments (IOM) Ltd
Fund type
OEIC
Fund objective
The objective of the Global Flexible Fund is to provide investors with long-term capital growth through investment in a diversified range of global asset classes and currencies. The fund aims to produce an equity-like return over the long-term but with less risk than equity markets; its broad mandate allows it to invest across asset classes and the capital structure, in a variety of market caps, geographies and sectors.
Benchmark
No data available.
Investment style
Flexible
Investment method
None
Fund manager
NameSinceBiography
Nedgroup Investments (IOM) Limited17/03/1999
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Luxembourg, Offshore, South Africa
Nedgroup Global Flexible A
Initial charge-
Annual charge1.5%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price1.8576
CurrencyUSD
Price updated20/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDPR5
Nedgroup Global Flexible B
Initial charge-
Annual charge2%
Min single investment£4,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.08%
Total expense ratio (TER)2.11%
Bid price-
Offer price-
Mid price1.7808
CurrencyUSD
Price updated20/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNF76
Nedgroup Global Flexible C
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.254
CurrencyUSD
Price updated20/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0IUJ
Nedgroup Global Flexible C EUR
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 price0.9993
CurrencyEUR
Price updated20/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNS9R
Nedgroup Global Flexible C GBP
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0848
CurrencyGBP
Price updated20/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM7YE
Nedgroup Global Flexible D
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 price1
CurrencyUSD
Price updated04/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0IUK
Nedgroup Global Flexible E
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 price1
CurrencyUSD
Price updated04/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGXYS
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.