Fact sheet: RWC Gbl Enhncd Div

Fund information
Fund name
RWC Global Enhanced Dividend R EUR
Fund manager company
RWC
Fund type
Offshore Fund
Fund manager
No data available.
Fund objective
To protect and grow the real value of clients’ capital whilst also delivering an annual dividend of 6% of the prevailing fund unit price by investing primarily in a portfolio of stable, but lowly valued businesses, predominantly listed in developed global equity markets, and in addition employing a covered call strategy to assist in meeting the fund dividend target. Over a market cycle, the fund will aim to deliver attractive real and absolute returns in line with the reference index but with lower volatility. Its flexibility and value driven style; yield enhancement strategy; ability to carry relatively high cash balances and to employ other measures of protection, mean that it may periodically have significant divergence from the reference index.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-2.9%
1 Year rank in sector
413/471
Sector
FO Equity - International
Yield
-
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.
1.1%
Fund size
£207m
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq46.4%
Schroder ISF Gbl Rec39.4%
Dodge & Cox Gbl Stk34.6%
SKAGEN Focus33.3%
Vanguard Gbl Small-Cap Idx33%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • North America32.7%
    Money Market27.6%
    UK18.7%
    Europe ex UK13.8%
    Others3.7%
  • Money Market27.6%
    Biotechnology/Medical20.8%
    Telecommunications Utilities9.2%
    Health & Household8.6%
    Energy7.1%
  • North American Equities32.7%
    Money Market27.6%
    UK Equities18.7%
    Europe ex UK Equities13.8%
    International Equities3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-4.7%-3%-2.9%--
Sector3.1%-0.2%4.6%4.5%15.7%52.9%
Rank within sector446 / 500430 / 496444 / 486413 / 471--
Quartile4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-2.8%----
Sector5.8%0.7%6%21.3%12.7%
Rank within sector440 / 475----
Quartile4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high103.42
52 week low97.29
Current bid price-
Current offer price-
Current mid price97.59
Region
1North America32.69%
2Money Market27.63%
3UK18.74%
4Europe ex UK13.81%
5Others3.71%
6Asia3.42%
Industry sector
1Money Market27.63%
2Biotechnology/Medical20.84%
3Telecommunications Utilities9.2%
4Health & Household8.64%
5Energy7.13%
6Capital Goods6.63%
7Food & Drug Retailers4.05%
8Others3.71%
9Software2.97%
Asset type
1North American Equities32.69%
2Money Market27.63%
3UK Equities18.74%
4Europe ex UK Equities13.81%
5International Equities3.71%
6Asia Pacific Equities3.42%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 3.125% NTS 31/01/17 USD1009.92%
2PROCTER & GAMBLE CO3.03%
3GLAXOSMITHKLINE2.98%
4JOHNSON & JOHNSON2.97%
5LILLY (ELI) & CO2.94%
6MICROSOFT CORP2.93%
7PFIZER INC2.92%
8GOLD BULLION SECURITIES LIMITED (GBS)0% SEC UND NTS2.87%
9UNILEVER2.86%
Management
Fund manager group
RWC
Fund manager company
RWC
Fund type
Offshore Fund
Fund objective
To protect and grow the real value of clients’ capital whilst also delivering an annual dividend of 6% of the prevailing fund unit price by investing primarily in a portfolio of stable, but lowly valued businesses, predominantly listed in developed global equity markets, and in addition employing a covered call strategy to assist in meeting the fund dividend target. Over a market cycle, the fund will aim to deliver attractive real and absolute returns in line with the reference index but with lower volatility. Its flexibility and value driven style; yield enhancement strategy; ability to carry relatively high cash balances and to employ other measures of protection, mean that it may periodically have significant divergence from the reference index.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Fund manager
No data available.
Compliance
Transparent for Austrian Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore
RWC Global Enhanced Dividend A Acc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.2143
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeND0C
RWC Global Enhanced Dividend A Hedged USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.7772
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE8TF
RWC Global Enhanced Dividend A Inc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.9968
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeND0B
RWC Global Enhanced Dividend B Dist GBP
Initial charge5%
Annual charge0.8%
Min single investment£10,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.1832
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKOMJ
RWC Global Enhanced Dividend B EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.2586
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKOBM
RWC Global Enhanced Dividend B GBP
Initial charge5%
Annual charge0.8%
Min single investment£10,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.1385
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKOBL
RWC Global Enhanced Dividend B Inc EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price96.3702
CurrencyEUR
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeND0D
RWC Global Enhanced Dividend B Inc USD
Initial charge5%
Annual charge0.8%
Min single investment£10,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price82.622
CurrencyUSD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE4FY
RWC Global Enhanced Dividend B USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.4833
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE5CQ
RWC Global Enhanced Dividend R Acc
Initial charge5%
Annual charge0.8%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.5512
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMCAV
RWC Global Enhanced Dividend R Dis
Initial charge5%
Annual charge0.8%
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.5969
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMCAW
RWC Global Enhanced Dividend R EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.5911
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE21E
RWC Global Enhanced Dividend R Hedged CHF
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price94.0833
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1YH
RWC Global Enhanced Dividend R Hedged Dist GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.201
CurrencyGBP
Price updated06/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNFZZ
RWC Global Enhanced Dividend R Hedged USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.09%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price95.5161
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE1YE
Data provided by

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