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 30/03/2014
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
  • Retail Prices Index (“RPI”) +4%
Investment style
Absolute Return,Flexible,Total Return
Investment method
None
Quick stats
1 Year return
7.8%
1 Year rank in sector
5/72
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.
0.85%
Fund size
£136m (£130m 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.
48
Mid price
113.17
Top in this sector
Fund name1 Year
Majedie Tortoise22%
Jupiter Absolute Return11.2%
Threadneedle Tgt Rtn10.2%
CF Ruffer Absolute Return9.9%
Newton Mgd Tgtd Rtn7.8%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • USA32%
    UK20.1%
    Not Specified8.1%
    Japan6.1%
    North America4.5%
  • No data available.
  • US Equities28.4%
    UK Gilts7.5%
    UK Equities7%
    Global Government Fixed Interest6.9%
    Japanese Equities5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3%-2.4%6.4%7.8%--
Sector-1%-0.3%0.8%0.1%5.5%15%
Rank within sector67 / 7367 / 748 / 725 / 72--
Quartile4th4th1st1st
Calendar performance
 YTD - 20162015201420132012
Fund7.4%2.6%---
Sector-0%2.2%2.5%6.5%3.3%
Rank within sector7 / 7225 / 67---
Quartile1st2nd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high117.97
52 week low101.56
Current bid price-
Current offer price-
Current mid price113.17
Region
1USA32.03%
2UK20.08%
3Not Specified8.09%
4Japan6.08%
5North America4.47%
6Switzerland4.28%
7Canada2.39%
8Money Market2.22%
9Europe ex UK2.08%
Industry sector
No data available.
Asset type
1US Equities28.44%
2UK Gilts7.52%
3UK Equities6.96%
4Global Government Fixed Interest6.95%
5Japanese Equities5.83%
6Alternative Assets4.1%
7Swiss Equities4.03%
8Global Corporate Fixed Interest4%
9Global Fixed Interest2.96%
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
  • Retail Prices Index (“RPI”) +4%
Investment style
Absolute Return,Flexible,Total Return
Investment method
None
Fund manager
NameSinceBiography
Tim Wilson30/03/2014Tim 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)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.19
CurrencyGBX
Price updated01/12/2016
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)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.17
CurrencyGBX
Price updated01/12/2016
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)0.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.77
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeK8TZ
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.