Fact sheet: QAM DowningMthlyInc

Fund information
Fund name
QAM Downing Monthly Income Acc
Fund manager company
Downing LLP
Fund type
OEIC
Fund managers
  • James Lynchsince 31/05/2015
  • Stephen Whittakersince 13/06/2010
Fund objective
To achieve a high level of income, together with long-term capital growth.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
17.5%
1 Year rank in sector
38/91
Sector
UT UK Equity Income
Yield
4.7%
Fund size
£13m
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.
84
Mid price
189.3464
Top in this sector
Fund name1 Year
UBS UK Equity Income42.7%
Scot Wid Fdmtl Index UK Equity33.7%
JOHCM UK Equity Income29%
SVS Church House DeepValInvts26.8%
HC Charteris Prem Inc26%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK95.8%
    Money Market4.2%
  • Financials30.8%
    Consumer Discretionary15.7%
    Real Estate12.1%
    Consumer Staples8.8%
    Industrials8.1%
  • UK Equities95.8%
    Money Market4.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.5%7%7.2%17.5%10.1%64.8%
Sector2.2%6.4%5.5%17.4%18.1%60.7%
Rank within sector55 / 9737 / 9627 / 9438 / 9180 / 8239 / 77
Quartile3rd2nd2nd2nd4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.8%7.6%0.8%1.7%30.3%
Sector2.8%9.1%4.9%2.8%24.8%
Rank within sector48 / 9755 / 9073 / 8560 / 8216 / 78
Quartile2nd3rd4th3rd1st
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.
-2.97
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.
0.05
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%.
10.09
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.
3.84
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.
-0.68
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.
0.86
Price movement
52 week high188.93
52 week low155.42
Current bid price-
Current offer price-
Current mid price189.35
Region
1UK95.79%
2Money Market4.21%
Industry sector
1Financials30.77%
2Consumer Discretionary15.65%
3Real Estate12.1%
4Consumer Staples8.76%
5Industrials8.14%
6Energy6.53%
7Health Care4.51%
8Money Market4.21%
9Information Technology3.45%
Asset type
1UK Equities95.79%
2Money Market4.21%
Individual holdings
1MCCOLL`S RETAIL GROUP PLC5.39%
2KIER GROUP4.71%
3PRIMARY HEALTH PROPERTIES4.38%
4CONNECT GROUP PLC4.06%
5INTERMEDIATE CAPITAL GROUP4.06%
6AVIVA3.89%
73I GROUP3.62%
8BAE SYSTEMS PLC3.43%
9PHOENIX GROUP HLDGS3.38%
Management
Fund manager group
No data available.
Fund manager company
Downing LLP
Fund type
OEIC
Fund objective
To achieve a high level of income, together with long-term capital growth.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
James Lynch31/05/2015James joined Downing in February 2012 as part of the unquoted team, gaining transaction experience in the SME space across a range of industries before transferring to the Public Equity team in 2013. Prior to Downing, James worked within the Asset Management division of Ernst & Young after specialising in smaller companies at HW Fisher & Company. James is a CFA Charterholder, Chartered Accountant (ACA) and holds the IMC.
Stephen Whittaker13/06/2010Stephen has 29 years' experience of managing a wide variety of UK portfolios, including small companies, special situations, income and growth funds. He was responsible for building the UK Equity Investment Team at Perpetual plc, and was one of the Company's key speakers on the UK equity market. When he moved on from Perpetual in May 2002 his consistently successful investment approach was reflected in the performance of his UK Growth Fund, which was in the top decile for performance over many measurable periods. In July 2002, he joined New Star Asset Management as UK Fund Manager, later becoming Joint Chief Investment Officer, and saw his UK Growth Fund grow substantially. Throughout his career he has been involved in building investment companies into major industry players, using his extensive knowledge and experience to deliver results in terms of fund management, investment team building and influencing overall company strategy and direction.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
QAM Downing Monthly Income Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price189.3464
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKDK6
QAM Downing Monthly Income Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)1.84%
Bid price-
Offer price-
Mid price136.8852
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKDK7
Data provided by

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