Fact sheet: Premier Diversified

Fund information
Fund name
Premier Diversified C Inc
Fund manager company
Premier Asset Management
Fund type
OEIC
Fund managers
  • Neil Birrellsince 18/03/2013
Fund objective
The aim of the Fund is to grow the value of your original investment over the long term.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
27.7%
1 Year rank in sector
29/270
Sector
UT Mixed Investment 40%-85% Shares
Yield
1.3%
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.
0.92%
Fund size
£48m (£43m 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.
61
Mid price
139.53
Top in this sector
Fund name1 Year
HSBC Wld Seltn Advntr Pfl35%
FP MA DRP VIII34.8%
SVS TPI Aggressive 134.7%
CF Greenmount33.9%
S&W Pityoulish32.4%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • Not Specified29.9%
    UK22.2%
    USA21%
    Europe6.9%
    Money Market6.3%
  • Mutual Funds14.7%
    Financials13.8%
    Consumer Discretionary11%
    Industrials9.5%
    Alternative Investment Strategies8.3%
  • International Equities63.8%
    Hedge14.9%
    Alternative Investment Strategies7.9%
    Global Fixed Interest7.1%
    Money Market6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.6%7%10.3%27.7%34.9%52.1%
Sector2%5.5%5.9%20.6%24.7%46%
Rank within sector9 / 28730 / 2807 / 27929 / 27020 / 24580 / 209
Quartile1st1st1st1st1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund4.5%17.6%4%6.2%3.1%
Sector2.9%13.3%2.2%5%13.5%
Rank within sector17 / 28439 / 26862 / 25289 / 242221 / 224
Quartile1st1st1st2nd4th
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.
2.9
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.
0.96
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.
0.97
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%.
7.1
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.
2.21
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.
1.17
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.
0.9
Price movement
52 week high139.52
52 week low110.91
Current bid price-
Current offer price-
Current mid price139.53
Region
1Not Specified29.9%
2UK22.2%
3USA20.99%
4Europe6.89%
5Money Market6.3%
6Others6.13%
7Japan4.66%
8Asia Pacific ex Japan2.93%
Industry sector
1Mutual Funds14.7%
2Financials13.8%
3Consumer Discretionary10.97%
4Industrials9.54%
5Alternative Investment Strategies8.3%
6Information Technology7.2%
7Fixed Interest6.9%
8Health Care6.23%
9Utilities5.45%
Asset type
1International Equities63.8%
2Hedge14.9%
3Alternative Investment Strategies7.9%
4Global Fixed Interest7.1%
5Money Market6.3%
Individual holdings
1BH GLOBAL GBP4.6%
2HIGHBRIDGE MULTI-STRATEGY FUND4.3%
3DW CATALYST FUND LTD3.8%
4PREMIER GLOBAL UTILITIES INCOME A INC3.4%
5BOUSSARD & GAVAUDAN HOLDING3.3%
6HADRIANS WALL SECURED INVESTMENTS LIMITED ORD NPV3.3%
7PREMIER ENERGY & WATER TST PLC UNITS(COMP 1 ORD & 1 ZERO DIV PRF)2.1%
8BANK OF AMERICA CORP1.3%
9CREST NICHOLSON HLDGS PLC1.3%
Management
Fund manager group
Premier Asset Management
Fund manager company
Premier Asset Management
Fund type
OEIC
Fund objective
The aim of the Fund is to grow the value of your original investment over the long term.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Neil Birrell18/03/2013Neil Birrell is Chief Investment Officer for Premier Asset Management and is fund manager of the Premier Diversified Fund. He joined Premier in 2013 from Elcot Capital, where he was part of the team responsible for managing multi strategy investments. Neil was previously Chief Investment Officer of Framlington Investment Management and a senior fund manager at Prolific Asset Management.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Premier Diversified B Inc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.42%
Bid price-
Offer price-
Mid price139.32
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM1Y9
Premier Diversified C Inc
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£25,000
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price139.53
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGH6F
Data provided by

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