Fact sheet: Premier Monthly Income

Fund information
Fund name
Premier Monthly Income C Inc
Fund manager company
Premier Asset Management
Fund type
OEIC
Fund managers
  • Chris Whitesince 01/12/2010
Fund objective
The aim of the Fund is to give you a monthly income, which rises over time and to grow the value of your original investment over the long term.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
7%
1 Year rank in sector
42/88
Sector
UT UK Equity Income
Yield
4.4%
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
£224m (£210m 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.
75
Mid price
217.77
Top in this sector
Fund name1 Year
UBS UK Equity Income36.5%
Scot Wid Fdmtl Index UK Equity25.5%
SJP UK Growth22.2%
Schroder Income Maximiser19.7%
Jupiter Income Trust19.2%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK96.6%
    Money Market3.4%
  • Financials29.4%
    Industrials20%
    Consumer Discretionary17.6%
    Consumer Staples12.9%
    Energy8.4%
  • UK Equities96.6%
    Money Market3.4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.2%-0.3%6.7%7%25.2%74.1%
Sector1.5%-1%6.1%7.3%18.4%62.2%
Rank within sector18 / 9330 / 9230 / 9242 / 8813 / 7920 / 74
Quartile1st2nd2nd2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.7%9.5%3.2%30%11.8%
Sector6.1%4.9%2.8%24.8%13.5%
Rank within sector41 / 8821 / 8345 / 8017 / 7649 / 75
Quartile2nd2nd3rd1st3rd
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.
0.57
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.
1.07
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.
0.29
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%.
9.94
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.
3.26
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.
0.27
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.
0.9
Price movement
52 week high221.34
52 week low189.95
Current bid price-
Current offer price-
Current mid price217.77
Region
1UK96.6%
2Money Market3.4%
Industry sector
1Financials29.4%
2Industrials20%
3Consumer Discretionary17.6%
4Consumer Staples12.9%
5Energy8.4%
6Utilities4.6%
7Money Market3.4%
8Telecommunications Utilities2.1%
9Health Care1.1%
Asset type
1UK Equities96.6%
2Money Market3.4%
Individual holdings
1ROYAL DUTCH SHELL4.9%
2IMPERIAL BRANDS PLC4.5%
3BAE SYSTEMS PLC4%
4LLOYDS BANKING GROUP PLC3.9%
5CONVIVIALITY PLC3.6%
6DAIRY CREST G ORD GBP0.253.6%
7BP3.1%
8AVIVA2.8%
9GREENE KING2.8%
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 a monthly income, which rises over time and to grow the value of your original investment over the long term.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Chris White01/12/2010Head of UK Equities, Chris White, joined Premier Asset Management in November 2010 to manage UK income funds and has over 20 years of investment management experience. Chris manages the Premier UK Income, Premier Monthly Income and Premier UK Growth Funds and also heads up Premier’s UK equity team. Previously, he was with Threadneedle for 7 years as a Director of UK Income Funds. Chris started his career with Robson Rhodes and has also worked for Charterhouse Tilney and Legg Mason as an investment manager. He holds an honours degree in Economics and is a member of the Chartered Institute for Securities & Investment and the CFA.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Premier Monthly Income A Inc
Initial charge4%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price196.66
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBY17
Premier Monthly Income B Inc
Initial charge-
Annual charge1%
Min single investment£50,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.17%
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price209.61
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBY63
Premier 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)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price237.2
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM25L
Premier 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)0.92%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price217.77
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBY64
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.