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
6.5%
1 Year rank in sector
26/152
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.
1.09%
Fund size
£615m
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.
86
Top in this sector
Fund name1 Year
Aria Absolut Inc Prtd UCITs30.9%
HSBC Pfl World Seltn 421.6%
Oasis Crescent Global Inc21.1%
Northstar Mgd Stg20.5%
Investec EmrgMktsMA20.4%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • USA43.4%
    Money Market42%
    UK5.7%
    Not Specified4.1%
    Europe1.9%
  • No data available.
  • US Equities43.4%
    Money Market42%
    UK Equities5.7%
    Global Corporate Fixed Interest3.9%
    European Equities1.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.2%3.1%6.8%6.5%13.9%-
Sector-0.8%-0.8%2%0.5%7.3%23.4%
Rank within sector3 / 16612 / 16925 / 16326 / 15229 / 106-
Quartile1st1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.8%-1.3%5.2%--
Sector2.1%-0.1%5%6.8%6.9%
Rank within sector31 / 15388 / 12859 / 110--
Quartile1st3rd3rd
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.
0.31
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.
1.29
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.
0.03
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%.
8.07
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.
5.17
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.
0.18
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.
0.62
Price movement
52 week high1.2
52 week low1.01
Current bid price-
Current offer price-
Current mid price1.2
Region
1USA43.4%
2Money Market42%
3UK5.7%
4Not Specified4.1%
5Europe1.9%
6Global Emerging Markets1.7%
7Asia1.2%
Industry sector
No data available.
Asset type
1US Equities43.4%
2Money Market42%
3UK Equities5.7%
4Global Corporate Fixed Interest3.9%
5European Equities1.9%
6Global Emerging Market Equities1.7%
7Asia Pacific Equities1.2%
8Convertibles0.2%
Individual holdings
1ORACLE CORP3.7%
2AMERICAN INTERNATIONAL GROUP INC3.1%
3UNITED TECHNOLOGIES CORP3%
4AON PLC2.9%
5CITIGROUP INC2.9%
6ALCOA INC2.8%
7CISCO SYSTEMS INC2.5%
8CIT GROUP INC2.5%
9BANK OF AMERICA CORP2.2%
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, Offshore, South Africa
Nedgroup Global Flexible A
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price1.7758
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeDPR5
Nedgroup Global Flexible B
Initial charge-
Annual charge-
Min single investment£4,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.09%
Total expense ratio (TER)2.11%
Bid price-
Offer price-
Mid price1.705
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNF76
Nedgroup Global Flexible C
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.197
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0IUJ
Nedgroup Global Flexible C GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0395
CurrencyGBP
Price updated30/11/2016
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

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