Fact sheet: SF Metropolis Value

Fund information
Fund name
SF Metropolis Value A Acc
Fund manager company
Sharefunds
Fund type
OEIC
Fund managers
  • Simon Denison-Smithsince 14/04/2011
  • Jonathan Millssince 14/04/2011
Fund objective
To generate long term capital gains by investing in a concentrated portfolio of globally listed companies, which have been carefully selected to meet our quality criteria, and are undervalued in relation to their future cash generation capability.
Benchmark
  • MSCI World
Investment style
Concentrated,Value
Investment method
Shares
Quick stats
1 Year return
23.8%
1 Year rank in sector
74/248
Sector
UT Global
Yield
0.5%
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.
1.43%
Fund size
£64m (£37m 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.
77
Mid price
183.2603
Top in this sector
Fund name1 Year
First State Gbl Resrcs79.3%
UBS FTSE RAFI Devlpd 1000 Idx42.6%
Natixis HarsAsGblConcntdEq42.3%
Orbis Gbl Eq42.3%
NFU Mutual Global Growth38.3%
...more in UT Global

Performance snapshot

Holdings snapshot

  • North America40.4%
    UK38.3%
    Money Market9.8%
    Europe7.3%
    Japan4.3%
  • Technology17.4%
    Financial Services11.7%
    Money Market9.8%
    Travel9.4%
    Retailers - General8.3%
  • North American Equities40.4%
    UK Equities38.3%
    Money Market9.8%
    French Equities7.3%
    Japanese Equities4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%2.9%17.6%23.8%51.6%84.4%
Sector0.1%2.7%14%17.9%31.7%68.9%
Rank within sector95 / 264134 / 26287 / 25774 / 24824 / 22678 / 201
Quartile2nd3rd2nd2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund23.7%12.1%7.4%16.9%6.6%
Sector17.2%3.4%6.7%19.7%9.9%
Rank within sector63 / 25010 / 240129 / 226161 / 214179 / 201
Quartile2nd1st3rd4th4th
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.
5.38
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.
0.86
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.
1.01
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%.
10.58
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.
5.88
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.
0.67
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.
0.7
Price movement
52 week high184.08
52 week low135.13
Current bid price-
Current offer price-
Current mid price183.26
Region
1North America40.37%
2UK38.31%
3Money Market9.75%
4Europe7.3%
5Japan4.27%
Industry sector
1Technology17.4%
2Financial Services11.66%
3Money Market9.75%
4Travel9.4%
5Retailers - General8.25%
6Building & Construction7.82%
7Healthcare & Medical Products7.3%
8Support Services7.09%
9Software4.57%
Asset type
1North American Equities40.37%
2UK Equities38.31%
3Money Market9.75%
4French Equities7.3%
5Japanese Equities4.27%
Individual holdings
1RYANAIR HLDGS9.4%
2SAMSUNG ELECTRO-MECHANICS CO8.36%
3SANOFI7.3%
4REGUS PLC7.09%
5BERKSHIRE HATHAWAY INC7.03%
6COMPUTACENTER4.81%
7STATE STREET CORP4.63%
8CISCO SYSTEMS INC4.57%
9MORGAN ADVANCED MATERIALS PLC4.41%
Management
Fund manager group
Sharefunds
Fund manager company
Sharefunds
Fund type
OEIC
Fund objective
To generate long term capital gains by investing in a concentrated portfolio of globally listed companies, which have been carefully selected to meet our quality criteria, and are undervalued in relation to their future cash generation capability.
Benchmark
  • MSCI World
Investment style
Concentrated,Value
Investment method
Shares
Fund managers
NameSinceBiography
Simon Denison-Smith14/04/2011Simon founded Metropolis Capital and has co-managed the Metropolis global equity strategy since its inception in 2008 and the SF Metropolis Valuefund since its launch in 2011. Simon is also a non-executive Director of Metropolis International, which he helped Jonathan Mills to set up in 1994. Metropolis International is a media and software group which was built through over 30 acquisitions of private businesses, applying a strict valuation discipline on each transaction. . On a conservative valuation, original investors have made over a 30% annualized return over a twenty-year period. Simon continues to act as a non-executive Director of the group but has no additional executive responsibilities. Prior to this, Simon was a strategy consultant with Bain & Co and Kalchas. He also founded Rave Technologies, a software business that services clients across a wide range of industries. Simon sold this business to Northgate IS PLC in 2006, delivering a 32% per annum return to Rave’s principal investor. Simon graduated from Bristol University with a 2:1 in Economics.
Jonathan Mills14/04/2011Jonathan founded Metropolis Capital and has co-managed the Metropolis global equity strategy since its inception in 2008 and the SF Metropolis Valuefund since its launch in 2011. Jonathan is also Chairman of Metropolis International which he founded with Simon Denison-Smith in 1994. Metropolis International is a media and software group which was built through over 30 acquisitions of private businesses, applying a value investing approach to each transaction. On a conservative valuation, original investors have made a 30%+ annualized return over a 21 year period. Jonathan continues to act as Chairman of the group but has no additional executive responsibilities. Prior to founding Metropolis International, Jonathan worked for Bain & Company as a Strategy Consultant and then for Schroders in their M & A team. He graduated from Oxford University with a First Class Degree in Philosophy, Politics and Economics.
Compliance
IA Recognised, Non UCITS Retail Scheme, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
SF Metropolis Value A Acc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price183.2603
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNKH9
SF Metropolis Value A Inc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.43%
Total expense ratio (TER)1.45%
Bid price-
Offer price-
Mid price178.9146
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNKI0
SF Metropolis Value S Acc
Initial charge-
Annual charge0.65%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price177.2019
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN7FB
SF Metropolis Value S Inc
Initial charge-
Annual charge0.65%
Min single investment£50,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.08%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price176.7608
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN7FA
Data provided by

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