Fact sheet: Santander Max 30% Shs Inc Pfl

Fund information
Fund name
Santander Max 30% Shares Income Portfolio XI
Fund manager company
Santander Asset Mgmt UK Ltd
Fund type
OEIC
Fund managers
  • Graham Ashbysince 01/05/2016
  • Azim Meghjisince 03/11/2014
  • Toby Vaughansince 03/11/2014
  • Tom Caddicksince 03/11/2014
  • David Scammellsince 03/11/2014
Fund objective
The Investment Objective of the Fund is to provide an above average level of monthly income along with some modest potential for capital growth.The Fund will achieve its Investment Objective by investing primarily in UK fixed interest securities and UK equities. The Fund may also hold international fixed interest investments, international equities, and cash deposits. The investment in equities will never exceed 30%. In addition the Fund may also invest in derivative instruments (including forward transactions) in order to achieve its investment objective. The Fund may increase the level of income in relation to the equity portion only by selling call options. The writing of such call options will increase the income but reduce the capital growth potentialNo more than 10% of the Fund’s assets can be invested in aggregate in units of other UCITS (as defined in the FCA Handbook) or other collective investment undertakings.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
4.1%
1 Year rank in sector
-
Sector
UT Unclassified
Yield
2.7%
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.
0.84%
Fund size
£21m (£15m 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.
35
Mid price
155.9
Top in this sector
Fund name1 Year
Santander Global Emg Shs Pfl27.6%
Architas MA Passive Dynamic23.9%
HSBC Wld Sel Dynamic Pfl21.7%
Architas MA Passive Growth20.9%
Aberdeen Stg Index-Linked Bd19.5%
...more in UT Unclassified

Performance snapshot

Holdings snapshot

  • UK64.4%
    Not Specified8.4%
    Money Market7.8%
    USA7.6%
    Luxembourg2.7%
  • Fixed Interest67.2%
    Others8.4%
    Money Market7.8%
    Financials4.3%
    Consumer Staples2.3%
  • Global Corporate Fixed Interest45%
    UK Gilts23%
    UK Equities15%
    Money Market7%
    Hedge5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-4.9%1.4%4.1%--
Sector-0.1%-0.2%7%9.5%18.8%40.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund4.7%1.3%---
Sector9.4%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 high165.4
52 week low149.6
Current bid price-
Current offer price-
Current mid price155.9
Region
1UK64.37%
2Not Specified8.42%
3Money Market7.84%
4USA7.59%
5Luxembourg2.67%
6France2.46%
7Netherlands2.33%
8Germany1.53%
9Norway1.17%
Industry sector
1Fixed Interest67.24%
2Others8.42%
3Money Market7.84%
4Financials4.3%
5Consumer Staples2.33%
6Consumer Discretionary2.18%
7Energy1.54%
8Materials1.51%
9Information Technology1.33%
Asset type
1Global Corporate Fixed Interest45%
2UK Gilts23%
3UK Equities15%
4Money Market7%
5Hedge5%
6Global High Yield Fixed Interest3%
7European Equities2%
Individual holdings
1MUZINICH SHORT DURATION HIGH YIELD HEDGED R INC GBP2.95%
2HENDERSON UK ABSOLUTE RETURN A ACC1.91%
3TREASURY 4.25% GILT 7/12/20271.6%
4BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500001.38%
5OLD MUTUAL GLOBAL EQUITY ABSOLUTE RETURN A HEDGED ACC GBP1.33%
6AMUNDI ABSOLUTE VOLATILITY EURO EQUITIES IHG DIS GBP1.3%
7TREASURY 1.75% GILT 22/07/19 GBP0.011.23%
8TREASURY 4.25% GILT 07/06/2032 GBP0.011.08%
9BRITISH AMERICAN TOBACCO1.03%
Management
Fund manager group
Santander Asset Mgmt UK
Fund manager company
Santander Asset Mgmt UK Ltd
Fund type
OEIC
Fund objective
The Investment Objective of the Fund is to provide an above average level of monthly income along with some modest potential for capital growth.The Fund will achieve its Investment Objective by investing primarily in UK fixed interest securities and UK equities. The Fund may also hold international fixed interest investments, international equities, and cash deposits. The investment in equities will never exceed 30%. In addition the Fund may also invest in derivative instruments (including forward transactions) in order to achieve its investment objective. The Fund may increase the level of income in relation to the equity portion only by selling call options. The writing of such call options will increase the income but reduce the capital growth potentialNo more than 10% of the Fund’s assets can be invested in aggregate in units of other UCITS (as defined in the FCA Handbook) or other collective investment undertakings.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Graham Ashby01/05/2016Graham Ashby, Manager of the Santander UK Growth, N&P UK Growth Funds and Santander Premium UK Equity Fund, has 24 years’ experience of equity fund investments and held several fund manager roles over this time. Prior to joining Santander Asset Management UK, Graham was Head of UK Equities at Ignis Asset Management. He is a bottom-up stock picker who invests across the market capitalisation spectrum, principally in companies with a proven track record of creating value for shareholders. He adopts a disciplined approach to portfolio construction with the aim of taking an appropriate level of risk to achieve outperformance targets. Prior to his role at Ignis, Graham held senior equity positions at LV=Asset Management and Credit Suisse Asset Management.
Azim Meghji03/11/2014Mohamed Azim Meghji, Head of Fixed Income at Santander Asset Management UK, has 17 years’ experience in fund management. He joined Santander Asset Management UK in October 2011. Prior to joining, Azim worked at HSBC Global Asset Management where he had overall responsibility for all credit investment funds in London – this included Sterling, US and Global credit products for both retail and institutional clients. During his time at HSBC, Azim was also a member of various committees including the Global Strategic and Credit Committees as well as being the chair of the Global Credit Asset Allocation Committee. Prior to this, Azim was a Credit Research Analyst both in London and New York. He began his career with Deutsche Bank in 2000 as an analyst having just graduated with a First Class honours degree in Economics. He holds the IMC and SFA qualification and is also a CFA Charterholder.
Toby Vaughan03/11/2014Toby joined Santander Asset Management in January 2011 and is head of Fund Management within the Global Multi Asset Solutions. Before joining Santander AM, Toby worked at LV=Asset Management as a senior multi-asset portfolio manager and previously at F&C Asset Management as a Director of Asset Allocation. Toby has 15 years’ experience in fund management and focusing on managing multi-asset portfolios. He holds a BA (Hons) in Economics & Management Studies and is a CFA charterholder.
Tom Caddick03/11/2014Tom Caddick, Head of Global Multi Asset Solutions, joined Santander Asset Management in early 2011 and has overall department responsibility, heading a team of over 26 investment professionals across four locations with in excess of €21 billion asset under management and the same again under advice. Tom has over 18 years’ fund management experience and was previously Head of Multi Manager and Fund Selection at LV=Asset Management. Before joining LV, Tom was a Fund Manager at F&C Asset Management. Tom holds a BA (Hons) degree in Accounting and Finance.
David Scammell03/11/2014David Scammell, Senior Sovereign Bond Fund Manager at Santander Asset Management, has more than 20 years’ experience in fund management, specifically running euro, sterling and dollar government bond portfolios and strategies. He has previously worked at a number of major independent asset management companies, such as Schroders and Foreign & Colonial, and leading European central banks, including the Bank of England and the Bank for International Settlements. In his current role, David plays a principle part in the decision making process for euro and sterling interest rate and country investments. He is also the lead manager of the Santander Asset Management Government Bond Fund and the Santander Asset Management Investment Income Portfolio.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Santander Max 30% Shares Income Portfolio RI
Initial charge7%
Annual charge0.65%
Min single investment£500
Min regular saving£2
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price155.9
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKZ9C
Santander Max 30% Shares Income Portfolio SI
Initial charge7%
Annual charge0.6%
Min single investment£10,000,000
Min regular saving£2
Available in ISAYes
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price149.6
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM3TZ
Santander Max 30% Shares Income Portfolio XI
Initial charge7%
Annual charge0.65%
Min single investment£500
Min regular saving£2
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price155.9
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKZ9D
Data provided by

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