Fact sheet: R&M UK Equity Income

Fund information
Fund name
R&M UK Equity Income B
Fund manager company
River & Mercantile Asset Mgmt
Fund type
OEIC
Fund managers
  • Daniel Hanburysince 31/07/2013
Fund objective
The investment objective of the Fund is to generate a rising level of income combined with the potential for capital growth. It will achieve this through investing in a portfolio which shall primarily consist of UK equities, however it may also invest in other instruments such as government gilts, corporate fixed income securities and convertibles.
Benchmark
  • FTSE All Share
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
11%
1 Year rank in sector
20/88
Sector
UT UK Equity Income
Yield
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.
0.94%
Fund size
£258m (£245m 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.
90
Mid price
499.43
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

  • UK90.4%
    Isle of Man3.9%
    Cayman Islands1.7%
    Others1.3%
    Jersey1.2%
  • Financials26%
    Industrials15.1%
    Oil & Gas13.1%
    Consumer Services12.2%
    Health Care10%
  • UK Equities96.1%
    American Emerging Equities1.7%
    Others1.3%
    US Equities1%
    Israeli Equities0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%1.3%9.3%11%19.1%78.6%
Sector1.5%-1%6.1%7.3%18.4%62.2%
Rank within sector37 / 9313 / 9217 / 9220 / 8848 / 7913 / 74
Quartile2nd1st1st1st3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund9.1%4.5%0.9%29%19.7%
Sector6.1%4.9%2.8%24.8%13.5%
Rank within sector20 / 8856 / 8365 / 8021 / 7612 / 75
Quartile1st3rd4th2nd1st
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.
-0.16
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
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.
0.19
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%.
9.17
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.
2.5
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.
-0.07
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.
0.93
Price movement
52 week high509.73
52 week low414.83
Current bid price-
Current offer price-
Current mid price499.43
Region
1UK90.4%
2Isle of Man3.94%
3Cayman Islands1.75%
4Others1.3%
5Jersey1.18%
6USA1.05%
7Israel0.59%
8Guernsey0.58%
9Ireland0.51%
Industry sector
1Financials25.99%
2Industrials15.1%
3Oil & Gas13.09%
4Consumer Services12.16%
5Health Care10.03%
6Consumer Goods8.78%
7Basic Materials5.18%
8Technology4.98%
9Telecommunications2.4%
Asset type
1UK Equities96.1%
2American Emerging Equities1.75%
3Others1.3%
4US Equities1.05%
5Israeli Equities0.59%
6Irish Equities0.51%
7Money Market-1.3%
Individual holdings
1BP PLC5.5%
2ROYAL DUTCH SHELL5.2%
3HSBC HLDGS5%
4GLAXOSMITHKLINE4.8%
5BRITISH AMERICAN TOBACCO3.4%
6SHIRE PLC2.7%
7LEGAL & GENERAL GROUP PLC2.3%
8RIO TINTO LTD2.3%
9SMITHS GROUP2.3%
Management
Fund manager group
River & Mercantile Asset Mgmt
Fund manager company
River & Mercantile Asset Mgmt
Fund type
OEIC
Fund objective
The investment objective of the Fund is to generate a rising level of income combined with the potential for capital growth. It will achieve this through investing in a portfolio which shall primarily consist of UK equities, however it may also invest in other instruments such as government gilts, corporate fixed income securities and convertibles.
Benchmark
  • FTSE All Share
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Daniel Hanbury31/07/2013Dan Hanbury graduated from Loughborough University in 1996 with a 1st Class Honours Degree in Mechanical Engineering. He began his career at Schroders on the UK Fund Management desk before joining the research department for two years as an analyst in the UK Research Team. He joined Investec Asset Management in 2000 and was responsible for the UK Small Companies Fund and the UK Unconstrained portfolios; he was the alternate manager on the Core portfolios and had specific analyst responsibilities for Industrials and Resources stocks. Dan joined RAMAM in October 2006 and currently manages the Core, Unconstrained and UK Income strategies.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
R&M UK Equity Income A
Initial charge5.25%
Annual charge1.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.68%
Total expense ratio (TER)1.66%
Bid price-
Offer price-
Mid price188.24
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEHB3
R&M UK Equity Income B
Initial charge5.25%
Annual charge0.75%
Min single investment£2,500,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price499.43
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEHB4
Data provided by

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