Fact sheet: Rights & Issues IT

Fund information
Fund name
Rights & Issues Investment Trust Inc
Fund manager company
Discretionary Unit Fd Mgrs Ltd
Fund type
Investment Trust
Fund manager
No data available.
Fund objective
To achieve capital & income growth via investment in small to medium sized companies which typically offer above average yields.
  • FTSE All Share TR
Investment style
Investment method
Quick stats
1 Year return
1 Year rank in sector
IT UK Smaller Companies
Fund size
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.
Mid price
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
Top in this sector
Fund name1 Year
Chelverton Growth Trust plc144.7%
Rights & Issues IT39.1%
Invesco Perp UK Sm Cos plc7%
StnLf UKSmCoPL5%
...more in IT UK Smaller Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector3 / 182 / 182 / 182 / 182 / 162 / 16
Calendar performance
 YTD - 20162015201420132012
Rank within sector2 / 187 / 172 / 1610 / 166 / 16
Risk statistics
?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 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.
?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 (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.
?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 high1650
52 week low1025
Current bid price1560
Current offer price1650
Current mid price1605
Industry sector
2General Industrials21.8%
4Support Services19.57%
6Building & Construction3.3%
8Electronic & Electrical Equipment0.87%
Asset type
1UK Equities100%
Individual holdings
No data available.
Fund manager group
Discretionary Unit Fd Mgrs
Fund manager company
Discretionary Unit Fd Mgrs Ltd
Fund type
Investment Trust
Fund objective
To achieve capital & income growth via investment in small to medium sized companies which typically offer above average yields.
  • FTSE All Share TR
Investment style
Investment method
Fund manager
No data available.
AIC Member
No data available.
Fund for sale in
United Kingdom
Rights & Issues Investment Trust Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.43%
Bid price1560
Offer price1650
Mid price1605
Price updated20/10/2016
Institutional or retail classRetail
Citi codeDA30
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.