Fact sheet: Premier Mlt Ast Monthly Inc

Fund information
Fund name
Premier Multi-Asset Monthly Income C Inc
Fund manager company
Premier Asset Management
Fund type
OEIC
Fund managers
  • Ian Reessince 05/01/2009
  • David Thorntonsince 30/09/2011
  • Simon Evan-Cooksince 30/09/2012
  • David Hambidgesince 05/01/2009
Accolades
Fund objective
The aim of the Fund is to give you an above average level of income, paid to you each month.
Benchmark
  • IA Mixed 20-60% shares
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
3.8%
1 Year rank in sector
175/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
4.7%
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.
1.4%
Fund size
£572m (£421m 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.
42
Mid price
149.31
Top in this sector
Fund name1 Year
AXA Global Distribution19.2%
S&W The Magpie18.8%
SVS TPI Balanced 216.1%
Investec Caut Mgd15.6%
Omnis Multi-Asset Income15.3%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • Not Specified51.1%
    UK28%
    International13.4%
    Money Market6%
    Global Emerging Markets1.5%
  • No data available.
  • UK Equities28%
    Global Corporate Fixed Interest18.5%
    Global Fixed Interest15.6%
    International Equities13.4%
    Property Shares8.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-1.1%3.5%3.8%20.3%60.4%
Sector-0.7%-1%5.5%7.1%15.5%34.5%
Rank within sector109 / 214107 / 213170 / 211175 / 20440 / 1734 / 144
Quartile3rd3rd4th4th1st1st
Calendar performance
 YTD - 20162015201420132012
Fund4.6%5.2%7.6%16.6%16.5%
Sector7.4%1.2%5%9%8%
Rank within sector171 / 20411 / 19027 / 17510 / 1614 / 145
Quartile4th1st1st1st1st
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.
2.14
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.
0.85
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.
0.54
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%.
5.13
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.
2.64
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.
0.53
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.
0.76
Price movement
52 week high153.88
52 week low140.53
Current bid price-
Current offer price-
Current mid price149.31
Region
1Not Specified51.1%
2UK28%
3International13.4%
4Money Market6%
5Global Emerging Markets1.5%
Industry sector
No data available.
Asset type
1UK Equities28%
2Global Corporate Fixed Interest18.5%
3Global Fixed Interest15.6%
4International Equities13.4%
5Property Shares8.4%
6Money Market6%
7Alternative Assets4.3%
8Other International Equities4.3%
9Global Emerging Market Fixed Interest1.5%
Individual holdings
1FRANKLIN UK EQUITY INCOME4.9%
2FIDELITY ENHANCED INCOME ACC4.8%
3TWENTYFOUR DYNAMIC BOND INC 4.8%
4LIONTRUST EUROPEAN ENHANCED INCOME4.1%
5CHARLEMAGNE EMERGING MARKET DIVIDEND3.6%
6HERMES MULTI STRATEGY CREDIT F ACC CHF3.2%
7M&G EUROPEAN CORPORATE BOND A ACC GBP3%
8POLAR GLOBAL CONVERTIBLES3%
9ASHMORE EMERGING MARKETS SHORT DURATION ACC USD1.5%
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 give you an above average level of income, paid to you each month.
Benchmark
  • IA Mixed 20-60% shares
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Ian Rees05/01/2009Ian has been with Premier since 2000 and joined the Pooled Funds team in April 2005. Ian was formerly the Senior Research Analyst for Closed End funds and has worked on Global Equity and Utility & Infrastructure.
David Thornton30/09/2011David joined Premier in May 2006 and currently co-manages a number of discretionary Multi-Asset portfolios. He has research responsibility for the Fixed Interest, European equity, Property and Absolute Return sectors. Previously, David worked for several years as an Investment Analyst before becoming an Investment Manager in 2004, with responsibility for five discretionary multi-manager portfolios. He has a BEng (Hons) in Mechanical Engineering from the University of Bristol, holds the IMC and has completed the Certificate in Financial Planning.
Simon Evan-Cook30/09/2012Senior Investment Manager, Premier Multi-Asset Funds. Simon is co-manager on Premier’s Multi-Asset funds, and researches overseas equity fund sectors. Prior to joining Premier in 2006, Simon held positions at Rothschild, Gartmore and Fidelity. He graduated from Hull University in 1996 with a BSc Honours in Economics and Accounting.
David Hambidge05/01/2009David Hambidge is Director of Multi-Asset Funds and is part of the fund management team for Premier’s multi-asset fund range. He joined Premier in 1987. David has 27 years of investment experience and has managed multi-asset style funds since 1995. David leads the multi-asset investment team which includes Head of Research Ian Rees who joined in 2000, Investment Managers David Thornton and Simon Evan-Cook who joined in 2006, and Nick Kelsall since 2001. Mark Rimmer joined as the team’s investment specialist in 2015.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Premier Multi-Asset Monthly Income A Acc
Initial charge4%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price203.45
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDYP5
Premier Multi-Asset Monthly Income A Inc
Initial charge4%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)2.15%
Total expense ratio (TER)2.18%
Bid price-
Offer price-
Mid price144.81
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDYP4
Premier Multi-Asset Monthly Income B Inc
Initial charge-
Annual charge1%
Min single investment£50,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price147.92
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGH6H
Premier Multi-Asset Monthly Income C Acc
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price163.09
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM25O
Premier Multi-Asset Monthly Income C Inc
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£25,000
Available in ISAYes
Ongoing charge (OCF)1.4%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price149.31
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGH6I
Data provided by

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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.