Fact sheet: Rathbone CorInvFdForCha

Fund information
Fund name
Rathbone Core Investment Fund for Charities Inc
Fund manager company
Rathbone Unit Trust Mgmt Ltd
Fund type
Unit Trust
Fund manager
  • Andrew Pittsince 02/10/2016
Fund objective
The fund’s objective is to achieve long term capital growth and a level of income employing a total return approach. The fund aims to outperform its composite market index over a minimum three year period. The composite market index is made up as follows: 35% FTSE All-Share, 35% FTSE All-World (ex UK), 5% FTSE UK Commercial Property, 5% 3-month GBP LIBOR + 2%, 18% FT British Government All Stocks and 2% 7-day LIBOR. Invested capital is however at risk and there is no guarantee that the objective will be attained over this or any time period. The Manager intends to achieve this objective by investing in a diversified range of asset classes including UK and Global equities, corporate and sovereign fixed income, index linked bonds, collective investment schemes and structured products. Investment may be made directly in such assets or through collective investment schemes. The fund will not hold immovable property directly but may make investments in immovable property through the use of collective investment schemes. A reference to a collective investment scheme includes authorised, unauthorised and alternative collective investment schemes including private equity funds. The fund may use investment techniques and derivatives for efficient portfolio management (including hedging), and to seek investment gains.
Benchmark
No data available.
Investment style
Aggressive,Growth
Investment method
None
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
UT Mixed Investment 40%-85% Shares
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.
0.88%
Fund size
£0m
Bid price
100.02
Offer price
100.22
Top in this sector
Fund name1 Year
Orbis Gbl Bal34.6%
FP MA DRP VIII21.2%
HSBC Wld Seltn Advntr Pfl21%
CF Greenmount20.7%
S&W Millbank East River20.4%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%-----
Sector-2%0.4%8.9%9.5%18.7%46.9%
Rank within sector96 / 280-----
Quartile2nd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector9.9%2.2%5%13.5%9%
Rank within sector-----
Quartile
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 high102.29
52 week low99.41
Current bid price100.02
Current offer price100.22
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Rathbone Unit Trust Management
Fund manager company
Rathbone Unit Trust Mgmt Ltd
Fund type
Unit Trust
Fund objective
The fund’s objective is to achieve long term capital growth and a level of income employing a total return approach. The fund aims to outperform its composite market index over a minimum three year period. The composite market index is made up as follows: 35% FTSE All-Share, 35% FTSE All-World (ex UK), 5% FTSE UK Commercial Property, 5% 3-month GBP LIBOR + 2%, 18% FT British Government All Stocks and 2% 7-day LIBOR. Invested capital is however at risk and there is no guarantee that the objective will be attained over this or any time period. The Manager intends to achieve this objective by investing in a diversified range of asset classes including UK and Global equities, corporate and sovereign fixed income, index linked bonds, collective investment schemes and structured products. Investment may be made directly in such assets or through collective investment schemes. The fund will not hold immovable property directly but may make investments in immovable property through the use of collective investment schemes. A reference to a collective investment scheme includes authorised, unauthorised and alternative collective investment schemes including private equity funds. The fund may use investment techniques and derivatives for efficient portfolio management (including hedging), and to seek investment gains.
Benchmark
No data available.
Investment style
Aggressive,Growth
Investment method
None
Fund manager
NameSinceBiography
Andrew Pitt02/10/2016Andy joined Rathbones in June 2014 as an Investment Director and Head of Charities, London, following his previous role as Head of Charities at Newton Investment Management. Andy has also worked at Schroder Investment Management and UBS Wealth Management, and during his career has managed investment portfolios for a wide variety of charities and other not-for-profit organisations, as well as individuals, trusts and corporates. Andy is a visiting lecturer at the Cass Business School (Sector for Charity Effectiveness), and an external member of the investment committee of the Alzheimer’s Society. He is also an Associate Member of the CFA Society of the UK (ASIP) and a Chartered Fellow of the CISI (FCSI).
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Rathbone Core Investment Fund for Charities Acc
Initial charge-
Annual charge0.5%
Min single investment£10,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNG0N
Rathbone Core Investment Fund for Charities Inc
Initial charge-
Annual charge0.5%
Min single investment£10,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price100.02
Offer price100.22
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNG0M
Data provided by

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