Fact sheet: SF Positive

Fund information
Fund name
SF Positive
Fund manager company
Sharefunds
Fund type
OEIC
Fund managers
  • Sheridan Admanssince 03/03/2008
  • Andy Parsonssince 03/03/2008
Fund objective
The Positive Fund aims to achieve a combination of income distributions of approximately 2% per annum and capital growth in excess of the IMA Mixed Investment 40-85% Shares index, primarily through investment in a portfolio of Collective Investment Vehicles providing diversification across a range of underlying assets.
Benchmark
  • IA Mixed Investment 40%-85% Shares
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
6.5%
1 Year rank in sector
241/268
Sector
UT Mixed Investment 40%-85% Shares
Yield
1.7%
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.
2%
Fund size
£33m (£22m 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.
63
Mid price
131.3831
Top in this sector
Fund name1 Year
Orbis Gbl Bal38%
HSBC Wld Seltn Advntr Pfl24.5%
FP MA DRP VIII23.9%
SVS TPI Aggressive 123.5%
SVS TPI Growth 222.7%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK34.6%
    North America21.6%
    Money Market15.8%
    Europe ex UK9.5%
    Japan7.4%
  • Money Market15.5%
    Telecom, Media & Technology11.9%
    Financials10.6%
    Health Care10.5%
    Industrials9.6%
  • UK Equities30.3%
    Money Market16.2%
    North American Equities14.8%
    Global Fixed Interest9.3%
    European Equities9.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-2.6%2.9%6.5%20.7%46.4%
Sector0%0.7%8.9%10.8%20.8%46.4%
Rank within sector232 / 280268 / 279267 / 276241 / 268148 / 240128 / 207
Quartile4th4th4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.4%8.7%3.4%13.2%10.6%
Sector10.7%2.2%5%13.5%9%
Rank within sector249 / 2684 / 252209 / 242145 / 22480 / 207
Quartile4th1st4th3rd2nd
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.
0.95
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.
0.9
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.
0.43
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%.
6.88
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.
2.68
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.
0.14
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.
0.86
Price movement
52 week high137.8
52 week low114.46
Current bid price-
Current offer price-
Current mid price131.38
Region
1UK34.64%
2North America21.6%
3Money Market15.77%
4Europe ex UK9.48%
5Japan7.35%
6Europe4.37%
7Pacific Basin2.6%
8Asia Pacific1.64%
9Australasia1.35%
Industry sector
1Money Market15.46%
2Telecom, Media & Technology11.91%
3Financials10.62%
4Health Care10.5%
5Industrials9.56%
6Consumer Products8.9%
7Services4.61%
8Others4%
9Fixed Interest3.18%
Asset type
1UK Equities30.29%
2Money Market16.24%
3North American Equities14.76%
4Global Fixed Interest9.31%
5European Equities9.17%
6Japanese Equities5.94%
7International Equities4.04%
8UK Fixed Interest3.47%
9Commodity & Energy2.55%
Individual holdings
1CF WOODFORD EQUITY INCOME C INC GBP9.35%
2FUNDSMITH EQUITY I ACC7.8%
3INVESCO FD MGRS IP UK STRATEGI6.33%
4CAPITA FINANCIAL MITON US OPPS6.16%
5ROYAL LONDON UTM UK MID CAP GR6.09%
6LIONTRUST FUND PAR UK SMALLER4.75%
7FIRST STATE INVESTMENT GLOBAL4.4%
8BLACKROCK FUND MGRS CONTINENTA4.16%
9MITON UK SMALLER COMPANIES B ACC3.99%
Management
Fund manager group
Sharefunds
Fund manager company
Sharefunds
Fund type
OEIC
Fund objective
The Positive Fund aims to achieve a combination of income distributions of approximately 2% per annum and capital growth in excess of the IMA Mixed Investment 40-85% Shares index, primarily through investment in a portfolio of Collective Investment Vehicles providing diversification across a range of underlying assets.
Benchmark
  • IA Mixed Investment 40%-85% Shares
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Sheridan Admans03/03/2008Sheridan completed a Masters in Business Administration (MBA) before undertaking his Chartered Institute for Securities & Investment Diploma. He is a Chartered Fellow of the CISI. He also undertakes the role of Investment Research Manager at The Share Centre managing a team of equity analysts.
Andy Parsons03/03/2008Andy is Head of Investment Research & Advisory Services at The Share Centre. He is a Chartered Member of the CISI and holds the Certificate in Investment Management, the Investment Compliance Diploma and PCIAM through the CISI. He was instrumental in establishing The Share Centres preferred range of funds known as the Platinum 120.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
SF Positive
Initial charge-
Annual charge0.75%
Min single investment£25
Min regular saving£10
Available in ISAYes
Ongoing charge (OCF)2%
Total expense ratio (TER)2.05%
Bid price-
Offer price-
Mid price131.3831
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBAF2
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.