Fact sheet: Sand Aire First Ilona Income

Fund information
Fund name
Sand Aire First Ilona Income Acc
Fund manager company
Sand Aire Limited
Fund type
OEIC
Fund manager
No data available.
Fund objective
The investment objective of the Fund is principally to provide income returns over the medium term, with capital returns a secondary consideration. The Fund will invest in a range of regulated collective investment schemes offering exposure to bonds, although the Fund may also invest in other regulated collective investment schemes, transferable securities, money market transactions, deposits and cash if deemed necessary in order to enable the pursuit of the investment objective.
Benchmark
  • FTSE APCIMS Stock Market Growth Index
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
11.1%
1 Year rank in sector
21/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
1.9%
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.
1.14%
Fund size
£60m (£58m 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.
50
Mid price
182.4
Top in this sector
Fund name1 Year
S&W The Magpie18.8%
AXA Global Distribution16.6%
S&W Wessex15.2%
Investec Caut Mgd14.6%
HSBC Open Global Return14.4%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • International37.8%
    UK37%
    Europe12.3%
    Global Emerging Markets11.8%
    Money Market1.1%
  • Equities44.8%
    Others25.9%
    Fixed Interest23.4%
    Commodity & Energy4.9%
    Money Market1.1%
  • Others25.9%
    International Equities17.8%
    UK Equities16.4%
    UK Fixed Interest11.9%
    Global Fixed Interest11.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.8%-1.7%8.6%11.1%18.1%38.6%
Sector-1.8%-0.8%5.8%6.4%14.6%34.7%
Rank within sector197 / 214149 / 21329 / 21021 / 20454 / 17379 / 144
Quartile4th3rd1st1st2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund11.3%0.8%5.7%7.5%8.8%
Sector7.3%1.2%5%9%8%
Rank within sector27 / 204127 / 19079 / 175118 / 16178 / 145
Quartile1st3rd2nd3rd3rd
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.
-0.08
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.
1.04
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.
0.29
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%.
7.57
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.
4.51
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.
0.01
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.
0.65
Price movement
52 week high187.6
52 week low158.5
Current bid price-
Current offer price-
Current mid price182.4
Region
1International37.82%
2UK36.98%
3Europe12.34%
4Global Emerging Markets11.79%
5Money Market1.07%
Industry sector
1Equities44.78%
2Others25.89%
3Fixed Interest23.38%
4Commodity & Energy4.86%
5Money Market1.07%
6Private Equity0.02%
Asset type
1Others25.91%
2International Equities17.8%
3UK Equities16.43%
4UK Fixed Interest11.89%
5Global Fixed Interest11.49%
6Global Emerging Market Equities8.91%
7Commodity & Energy4.86%
8European Equities1.64%
9Money Market1.07%
Individual holdings
1NEWTON GLOBAL INCOME INST INC11.36%
2COMGEST GROWTH EMERGING MARKETS DIS USD8.75%
3INVESCO PERPETUAL INCOME INC7.19%
4OYSTER ASSET MANAGEMENT SA GLOBAL CONVERTIBLES ADV PHOENIX GBP ACC7.12%
5JOHCM UK EQUITY INCOME A INC6.74%
6VERITAS GLOBAL FOCUS D GBP6.16%
7M&G OPTIMAL INCOME A INC GBP5.39%
8WELLINGTON ENDURING ASSETS S HEDGED ACC GBP5.17%
9ETFS GOLD BULLION SECURITIES USD4.83%
Management
Fund manager group
Sand Aire
Fund manager company
Sand Aire Limited
Fund type
OEIC
Fund objective
The investment objective of the Fund is principally to provide income returns over the medium term, with capital returns a secondary consideration. The Fund will invest in a range of regulated collective investment schemes offering exposure to bonds, although the Fund may also invest in other regulated collective investment schemes, transferable securities, money market transactions, deposits and cash if deemed necessary in order to enable the pursuit of the investment objective.
Benchmark
  • FTSE APCIMS Stock Market Growth Index
Investment style
Balanced
Investment method
None
Fund manager
No data available.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Sand Aire First Ilona Income Acc
Initial charge7.5%
Annual charge1.5%
Min single investment£100,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)0.27%
Bid price-
Offer price-
Mid price182.4
CurrencyGBX
Price updated16/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTT40
Sand Aire First Ilona Income Inc
Initial charge7.5%
Annual charge1.5%
Min single investment£100,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)0.27%
Bid price-
Offer price-
Mid price126.3
CurrencyGBX
Price updated16/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeTT39
Data provided by

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