Fact sheet: Newton Index Linked Gilt

Fund information
Fund name
Newton Index Linked Gilt Exempt 2 Gr
Fund manager company
Newton & BNY Mellon Asset Mgmt
Fund type
OEIC
Fund managers
  • Howard Cunninghamsince 10/02/2010
Fund objective
The objective of the Fund is to maximise returns by investment in a portfolio of predominantly sterling index linked gilts.
Benchmark
  • FTSE A (Index Linked) British Govt Over 5 Years
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
20.5%
1 Year rank in sector
5/20
Sector
UT UK Index - Linked Gilts
Yield
1.2%
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.
0.29%
Fund size
£110m (£87m last year)
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.
89
Mid price
435.67
Top in this sector
Fund name1 Year
Insight UK Index Linked Bond21.4%
BlackRock Idx Lnkd Gilt Trckr20.6%
Blackrock Inst Bd Idx Lkd20.5%
Fidelity Inst UK Idx Lkd Bd20.5%
Newton Index Linked Gilt20.5%
...more in UT UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.8%-5.8%15.1%20.5%45.2%53.3%
Sector-4.5%-5.4%13.7%18.4%39.3%45.9%
Rank within sector12 / 2111 / 2110 / 205 / 207 / 195 / 15
Quartile3rd3rd2nd1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund23.3%-0.7%19.9%0.1%0.5%
Sector20.9%-1.2%18%-0.3%0.2%
Rank within sector5 / 206 / 208 / 1912 / 196 / 15
Quartile1st2nd2nd3rd2nd
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.
0.54
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.
1.04
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.
0.77
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%.
12.37
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.
0.76
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.
1.23
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.
1
Price movement
52 week high474.43
52 week low351.78
Current bid price-
Current offer price-
Current mid price435.67
Region
1UK98.83%
2Money Market1.17%
Industry sector
1AA90.87%
2AAA5.49%
3A2.47%
4Money Market1.17%
Asset type
1UK Gilts91.35%
2UK Fixed Interest7.48%
3Money Market1.17%
Individual holdings
1TREASURY 1.25% IDX-LKD GILT 22/11/55 GBP0.017.39%
2TREASURY 0.25% IDX LKD GILT 22/3/52 GBP6.76%
3TREASURY 0.5% IDX LKD GILT 22/3/50 GBP0.016.35%
4TREASURY 0.75% IDX LKD GILT 22/11/47 GBP6.35%
5TREASURY 2 1/2% IDX-LINKED GILT 20246.2%
6TREASURY 1.125% IDX GILT 22/11/37 GBP6.01%
7TREASURY 2% IDX-LINKED GILT 20355.46%
8TREASURY 0.375% IDX-LKD GILT 22/03/62 GBP5.26%
9TREASURY 0.125% GILT 22/03/68 GBP0.014.88%
Management
Fund manager group
Newton & BNY Mellon Asset Mgmt
Fund manager company
Newton & BNY Mellon Asset Mgmt
Fund type
OEIC
Fund objective
The objective of the Fund is to maximise returns by investment in a portfolio of predominantly sterling index linked gilts.
Benchmark
  • FTSE A (Index Linked) British Govt Over 5 Years
Investment style
Active
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Howard Cunningham10/02/2010Howard is a fixed income portfolio manager. He joined Newton in 2000 as a senior credit analyst with particular responsibility for investment-grade bonds, and took on portfolio management responsibilities in 2002. In addition to his responsibilities as manager of the Newton Long Gilt Fund, Newton Index-linked Fund , Newton Long Corporate Bond Fund and certain segregated credit portfolios, he is also the co-manager of the Newton Global Dynamic Bond Fund. Howard began his career in NatWest Group, working in a variety of corporate relationship and credit roles. He is an Associate of the Chartered Institute of Bankers, and a member of the UK Society for Investment Professionals. 15 years at Newton and 28 years investment experience
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Chile, Germany, United Kingdom
Newton Index Linked Gilt Exempt 2 Gr
Initial charge-
Annual charge0.2%
Min single investment£500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.29%
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price435.67
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNA36
Newton Index Linked Gilt Inst Acc
Initial charge-
Annual charge0.5%
Min single investment£250,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)0.56%
Bid price-
Offer price-
Mid price405.09
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeV467
Newton Index Linked Gilt X Gr Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price443.96
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCRZ6
Newton Index Linked Gilt X Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price392.72
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA18Y
Data provided by

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