Fact sheet: Newton Mgd Tgtd Rtn

Fund information
Fund name
Newton Managed Targeted Return Institutional W Acc
Fund manager company
Newton & BNY Mellon Asset Mgmt
Fund type
OEIC
Fund manager
  • Tim Wilsonsince 31/03/2014
Fund objective
The objective of the Sub-Fund is to achieve a positive return in sterling terms by investing across a range of asset classes, which may include collective investment schemes (including ETFs), transferable securities, cash deposits and cash equivalent securities (e.g. short dated gilts & cash funds), and derivatives. The Sub-Fund is managed to seek a minimum return of Retail Prices Index (“RPI”) +4% per annum over 5 years before fees. In so doing we aim to achieve a positive return on a rolling 3 year basis. However, a positive return is not guaranteed and a capital loss may occur.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Flexible,Total Return
Investment method
None
Quick stats
1 Year return
8.3%
1 Year rank in sector
12/71
Sector
UT Targeted Absolute Return
Yield
1.1%
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.
0.81%
Fund size
£138m (£124m 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.
47
Mid price
116.54
Top in this sector
Fund name1 Year
Schroder UKDynAbsRet15.8%
VT iFunds Absolute Rtn Orange13.6%
7IM Unconstrained12.6%
S&W Saltus Wealth12.1%
CF Ruffer Absolute Return11%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • USA22.2%
    Money Market22%
    Japan14.9%
    UK11.9%
    Others7.4%
  • Money Market22.8%
    Industrials10.4%
    Financials8.5%
    Health Care6.9%
    Government Bonds6.1%
  • Money Market22.8%
    US Equities18.3%
    Japanese Equities14.8%
    UK Equities7.7%
    Global Government Fixed Interest5.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%0.5%-0.4%8.3%16.9%-
Sector-0.3%0.6%0.9%2.5%6.6%16.1%
Rank within sector68 / 7746 / 7757 / 7412 / 7115 / 56-
Quartile4th3rd4th1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund0.9%9.7%2.6%--
Sector0.8%1%2.2%2.5%6.5%
Rank within sector40 / 776 / 7025 / 64--
Quartile3rd1st2nd
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.
0.83
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.
2.2
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.
0.35
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%.
6.11
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.
5.2
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.
0.64
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.
0.39
Price movement
52 week high118.47
52 week low104.73
Current bid price-
Current offer price-
Current mid price116.54
Region
1USA22.16%
2Money Market21.99%
3Japan14.9%
4UK11.95%
5Others7.41%
6Not Specified4.47%
7North America3.13%
8Switzerland1.81%
9Netherlands1.67%
Industry sector
1Money Market22.83%
2Industrials10.41%
3Financials8.54%
4Health Care6.89%
5Government Bonds6.12%
6Consumer Staples5.03%
7Information Technology4.72%
8Consumer Discretionary4.53%
9Government Agency Bonds3.95%
Asset type
1Money Market22.75%
2US Equities18.29%
3Japanese Equities14.83%
4UK Equities7.72%
5Global Government Fixed Interest5.86%
6Global Corporate Fixed Interest4.32%
7Global Fixed Interest3.69%
8Europe ex UK Equities1.87%
9North American Equities1.82%
Individual holdings
No data available.
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 Sub-Fund is to achieve a positive return in sterling terms by investing across a range of asset classes, which may include collective investment schemes (including ETFs), transferable securities, cash deposits and cash equivalent securities (e.g. short dated gilts & cash funds), and derivatives. The Sub-Fund is managed to seek a minimum return of Retail Prices Index (“RPI”) +4% per annum over 5 years before fees. In so doing we aim to achieve a positive return on a rolling 3 year basis. However, a positive return is not guaranteed and a capital loss may occur.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Flexible,Total Return
Investment method
None
Fund manager
NameSinceBiography
Tim Wilson31/03/2014Tim is head of strategy and asset allocation. He is responsible for generating Newton's economic and strategic view across global sectors, markets and asset classes. As a former stock analyst and fund manager he is ideally qualified to formulate Newton's thematic ideas given his unique blend of macro and stock specific experience. As part of his role, Tim communicates the house strategy internally to help ensure a high degree of consistency across Newton's investment process. Tim also runs Newton's Strategic Asset Allocation fund of funds service. Tim has a wealth of experience in the investment management sector through high level positions at Provident Mutual, National Mutual Life of Australasia and Bank of Scotland.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Newton Managed Targeted Return Exempt 2 Acc
Initial charge-
Annual charge0.65%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price116.57
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK8UA
Newton Managed Targeted Return Institutional W Acc
Initial charge-
Annual charge0.65%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price116.54
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK8TY
Newton Managed Targeted Return X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price118.43
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK8TZ
Data provided by

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