Fact sheet: Newton Long Gilt

Fund information
Fund name
Newton Long 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 through investment in securities issued or guaranteed by the UK Government or the Governments of foreign countries or corporate bodies.
Benchmark
  • FTSE A British Govt over 15 years index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
11.8%
1 Year rank in sector
2/37
Sector
UT UK Gilts
Yield
1.7%
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.
0.3%
Fund size
£56m (£64m 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.
85
Mid price
539.38
Top in this sector
Fund name1 Year
Insight UK Gov Lg Mty bond11.9%
Newton Long Gilt11.8%
Blackrock Inst Bd Over 15 Yr Glt11.7%
Aberdeen Stg Lg Dtd Gov Bd11.5%
Schroder Inst Lg Dtd StgBd11.4%
...more in UT UK Gilts

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.4%-11.7%2.3%11.8%42.9%43.7%
Sector-2.1%-7.5%1.4%7%23.6%23.1%
Rank within sector36 / 3733 / 374 / 372 / 374 / 361 / 32
Quartile4th4th1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund14.4%0.5%24.6%-5.5%3.3%
Sector8.6%-0.1%14.3%-4.7%2.2%
Rank within sector5 / 375 / 376 / 3625 / 355 / 32
Quartile1st1st1st3rd1st
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.
1.79
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.
1.51
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.
0.73
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%.
12.6
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.
4.28
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.
1.2
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 high620.44
52 week low470.45
Current bid price-
Current offer price-
Current mid price539.38
Region
1UK99.63%
2Money Market0.37%
Industry sector
1AA95.43%
2AAA2.62%
3A1.58%
4Money Market0.37%
Asset type
1UK Gilts94.28%
2UK Fixed Interest5.35%
3Money Market0.37%
Individual holdings
1TREASURY 4.25% GILT 07/03/36 GBP0.018.69%
2TREASURY 4.25% GILT 07/12/408.26%
3TREASURY 3.75% GILT 22/07/52 GBP0.017.89%
4TREASURY 4.25% GILT 07/12/55 GBP0.017.68%
5TREASURY 4.25% GILT 7/12/467.18%
6TREASURY 4.5% GILT 7/12/42 GBP6.89%
7TREASURY 4.25% GILT 07/12/49 GBP0.016.84%
8TREASURY 4.25% GILT 07/06/2032 GBP0.016.08%
9TREASURY 3.25% GILT 22/01/44 GBP0.016.01%
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 through investment in securities issued or guaranteed by the UK Government or the Governments of foreign countries or corporate bodies.
Benchmark
  • FTSE A British Govt over 15 years index
Investment style
None
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 Long 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)0.3%
Total expense ratio (TER)0.26%
Bid price-
Offer price-
Mid price539.38
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNA34
Newton Long Gilt Inst
Initial charge-
Annual charge0.5%
Min single investment£250,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.55%
Bid price-
Offer price-
Mid price487.39
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeV463
Newton Long Gilt X Gr
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.06%
Bid price-
Offer price-
Mid price549.98
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeV259
Data provided by

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