Fact sheet: SVS Cornelian Managed Income

Fund information
Fund name
SVS Cornelian Managed Income D Acc
Fund manager company
Cornelian Asset Managers
Fund type
OEIC
Fund manager
No data available.
Fund objective
The objective of the SVS Cornelian Managed Income Fund is to achieve income and capital growth by creating a well diversified portfolio investing in a broad range of underlying assets. To enable the creation of a diversified portfolio the fund may invest in equities, bonds, government securities and collective investment schemes. On occasion it may be deemed appropriate that the fund be invested primarily in other collective investment schemes. There is no specific limit in exposure to any geographical or industrial sector and the fund may, where permitted, include alternative investments such as (closed-ended) property funds, absolute return funds and funds with exposure to private equity. There may be occasions when it is deemed necessary to hold a high level of cash or money market instruments. The Fund may use derivatives for Efficient Portfolio Management (EPM) i.e. to protect against market or currency movements, to reduce costs or to earn income or capital.
Benchmark
  • RPI+2%
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
7.8%
1 Year rank in sector
-
Sector
UT Unclassified
Yield
3.2%
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.
1.3%
Fund size
£17m (£12m 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.
44
Mid price
104.7
Top in this sector
Fund name1 Year
Santander Global Emg Shs Pfl26.1%
Architas MA Passive Dynamic21.9%
HSBC Wld Sel Dynamic Pfl20.1%
Aberdeen Stg Index-Linked Bd19.7%
Architas MA Passive Growth19.5%
...more in UT Unclassified

Performance snapshot

Holdings snapshot

  • Not Specified50.4%
    International26.8%
    UK18.9%
    Money Market3.9%
  • No data available.
  • Global Fixed Interest36%
    International Equities26.8%
    UK Equities18.9%
    Others14.4%
    Money Market3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-0.9%5.2%7.8%--
Sector-0.3%-0.6%6.4%8.9%18.1%39.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund7.6%----
Sector8.7%1.7%5.7%9.6%9.3%
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 high107.7
52 week low92.34
Current bid price-
Current offer price-
Current mid price104.7
Region
1Not Specified50.4%
2International26.8%
3UK18.9%
4Money Market3.9%
Industry sector
No data available.
Asset type
1Global Fixed Interest36%
2International Equities26.8%
3UK Equities18.9%
4Others14.4%
5Money Market3.9%
Individual holdings
1PFS TWENTY FOUR DYNAMIC BOND FUND7.18%
2ROYAL LONDON STERLING EXTRA YIELD BOND FUND5.97%
3SCHRODER ASIAN INCOME FUND5.73%
4INTERNATIONAL PUBLIC PARTNERSHIP5.06%
5PIMCO GLOBAL INVESTMENT GRADE CREDIT FUND4.89%
6LEGAL & GENERAL DYNAMIC BOND TRUST4.46%
7JPM EMERGING MARKETS INCOME4.34%
8MAN GLG STRATEGIC BOND FUND4.34%
9VANGUARD S&P 500 UCITS ETF GBP4.21%
Management
Fund manager group
Cornelian Funds
Fund manager company
Cornelian Asset Managers
Fund type
OEIC
Fund objective
The objective of the SVS Cornelian Managed Income Fund is to achieve income and capital growth by creating a well diversified portfolio investing in a broad range of underlying assets. To enable the creation of a diversified portfolio the fund may invest in equities, bonds, government securities and collective investment schemes. On occasion it may be deemed appropriate that the fund be invested primarily in other collective investment schemes. There is no specific limit in exposure to any geographical or industrial sector and the fund may, where permitted, include alternative investments such as (closed-ended) property funds, absolute return funds and funds with exposure to private equity. There may be occasions when it is deemed necessary to hold a high level of cash or money market instruments. The Fund may use derivatives for Efficient Portfolio Management (EPM) i.e. to protect against market or currency movements, to reduce costs or to earn income or capital.
Benchmark
  • RPI+2%
Investment style
Flexible
Investment method
None
Fund manager
No data available.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
SVS Cornelian Managed Income D Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.7
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM2DA
SVS Cornelian Managed Income D Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.3%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.13
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM26A
SVS Cornelian Managed Income E Acc
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.3
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM2DB
SVS Cornelian Managed Income E Inc
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price98.54
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM26B
SVS Cornelian Managed Income F Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.7
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM2DC
SVS Cornelian Managed Income F Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price99.41
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM26C
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.