Fact sheet: Premier Defensive Growth

Fund information
Fund name
Premier Defensive Growth C Inc
Fund manager company
Premier Asset Management
Fund type
OEIC
Fund managers
  • Paul Smithsince 21/12/2010
Accolades
Fund objective
The Fund aims to generate positive returns over a rolling 36 month basis. However, there is no guarantee that this objective will be achieved over that specific, or any, time period and there is always a risk of loss to your original capital.
Benchmark
  • 3m GBP LIBOR
Investment style
Absolute Return,Flexible
Investment method
None
Quick stats
1 Year return
2%
1 Year rank in sector
27/72
Sector
UT Targeted Absolute Return
Yield
0.1%
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
£406m (£339m 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.
8
Mid price
122.29
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

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%1.4%1.7%2%7.7%21.1%
Sector-1%-0.3%0.8%0.1%5.5%15%
Rank within sector13 / 7314 / 7430 / 7227 / 7222 / 5819 / 47
Quartile1st1st2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund2.1%2%3.3%4.8%6.9%
Sector-0%2.2%2.5%6.5%3.3%
Rank within sector26 / 7232 / 6731 / 5835 / 5312 / 47
Quartile2nd2nd3rd3rd2nd
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.
1.14
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.
0.55
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
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%.
1.38
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.
1.27
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.
0.45
Price movement
52 week high122.29
52 week low118.34
Current bid price-
Current offer price-
Current mid price122.29
Region
No data available.
Industry sector
No data available.
Asset type
1Others45.5%
2UK Equities33.1%
3Property7.1%
4International Equities5.6%
5Hedge4.5%
6Private Equity4.2%
Individual holdings
1M&G HIGH INCOME 2017 ZERO4.9%
2INVESTEC (GILT BACKED) 4YR FTSE 100/EURO STOXX 50 5.25% DEFENSIVE AUTOCALL4.2%
3UIL FINANCE LIMITED 2016 ZDP3.9%
4SG (SECURED) 4YR FTSE 100 4% DEFENSIVE AUTOCALL 20193.2%
5INVESTEC SECURED 4YR1M FTSE 100 4.85% DEFENSIVE AUTOCALL 20192.9%
6STRUCTURED INVESTMENT FUNDING POOL2.4%
7Goldman Sachs S&P500 Inverse Range Accrual 20191.4%
8CREDIT SUISSE S&P500 TWIN-WIN STRADDLE NOTE 20191.3%
9Morgan Stanley 3yr 5.3% FTSE Range Accrual 20191.3%
Management
Fund manager group
Premier Asset Management
Fund manager company
Premier Asset Management
Fund type
OEIC
Fund objective
The Fund aims to generate positive returns over a rolling 36 month basis. However, there is no guarantee that this objective will be achieved over that specific, or any, time period and there is always a risk of loss to your original capital.
Benchmark
  • 3m GBP LIBOR
Investment style
Absolute Return,Flexible
Investment method
None
Fund managers
NameSinceBiography
Paul Smith21/12/2010Paul Smith joined Premier in 2006 and his responsibilities include the management of a number of open and closed ended funds. Paul's management of lower risk mandates has over the last decade been recognised at the Money Observer Investment Trust Awards, Investment Week Fund Manager of the Year Awards, and membership of the Investment Adviser 100 Club. Paul has a First Class BA (Hons) degree in Economics, and an MA in Finance and Investment (with Distinction) from Exeter University.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Premier Defensive Growth B Inc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.1%
Total expense ratio (TER)1.53%
Bid price-
Offer price-
Mid price121.17
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM6H8
Premier Defensive Growth C Acc
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price122.36
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM25H
Premier Defensive Growth C Inc
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£25,000
Available in ISAYes
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price122.29
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGH6C
Data provided by

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