Fact sheet: Sarasin Alp CIF for Inc & Res

Fund information
Fund name
Sarasin Alpha CIF for Income & Reserves Acc
Fund manager company
Sarasin Investment Funds Ltd
Fund type
Unit Trust
Fund managers
  • Martin Pricesince 31/12/2013
  • John Godleysince 31/12/2013
  • Phil Collinssince 31/10/2013
Fund objective
The investment objective of the Fund is to achieve a consistently attractive level of income coupled with the potential for long term capital appreciation, whilst aiming to preserve the value of capital over the shorter term for UK registered charities only.
Benchmark
  • Composite
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
6.4%
1 Year rank in sector
34/75
Sector
UT Mixed Investment 0%-35% Shares
Yield
4%
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.
1.05%
Fund size
£126m (£83m 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.
31
Top in this sector
Fund name1 Year
BlackRock NURS II Consensus 3514.5%
SVS TPI Cautious 313.4%
Old Mutual Cirilium Cons11.7%
VT Turcan Connell Inc Pfl11.2%
CF PruDyFo0-30Pf10.6%
...more in UT Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK76.7%
    North America11.4%
    Europe ex UK6.8%
    International3.4%
    Global Emerging Markets1.2%
  • Financials25.1%
    Energy13.2%
    Consumer Staples10.9%
    Health Care10.5%
    Utilities7.8%
  • Global Fixed Interest72.7%
    Equities20.1%
    Money Market4.6%
    Alternative Investment Strategies2.2%
    Property0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-3.4%3.7%6.4%16.7%38%
Sector-1.7%-1.3%4.4%5.7%12%25.8%
Rank within sector57 / 8375 / 8351 / 8134 / 7513 / 585 / 41
Quartile3rd4th3rd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund6.9%0.9%8.6%4.7%10.2%
Sector6.3%0.3%5.2%4.2%6.3%
Rank within sector35 / 7521 / 615 / 5829 / 5112 / 43
Quartile2nd2nd1st3rd2nd
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.
2.29
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.
0.56
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.
0.52
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%.
4.25
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.
3.77
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.
-0.09
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.
0.57
Price movement
52 week high186.4
52 week low164.9
Current bid price-
Current offer price-
Current mid price178.6
Region
1UK76.7%
2North America11.4%
3Europe ex UK6.8%
4International3.4%
5Global Emerging Markets1.2%
6Japan0.5%
Industry sector
1Financials25.1%
2Energy13.2%
3Consumer Staples10.9%
4Health Care10.5%
5Utilities7.8%
6Industrials7.2%
7Materials7.2%
8Consumer Discretionary6.8%
9Telecommunications Utilities6.5%
Asset type
1Global Fixed Interest72.7%
2Equities20.1%
3Money Market4.6%
4Alternative Investment Strategies2.2%
5Property0.5%
Individual holdings
1TREASURY 4.5% GILT 7/12/42 GBP6.2%
2TREASURY 1.25% GILT 22/7/18 GBP0.013%
3BLACKROCK ICS INSTITUTIONAL STERLING LIQUIDITY HERITAGE DIS2.6%
4TREASURY 4.75% GILT 20202.5%
5TREASURY 3.75% GILT 07/09/21 GBP2.4%
6TREASURY 2.75% GILT 07/09/24 GBP0.012.2%
7TREASURY 1.75% GILT 22/07/19 GBP0.012.1%
8TREASURY 4.75% GILT 07/12/30 GBP1.9%
9TSY INFL IX N/B 2.3750% 15/01/25 USD1.7%
Management
Fund manager group
Sarasin
Fund manager company
Sarasin Investment Funds Ltd
Fund type
Unit Trust
Fund objective
The investment objective of the Fund is to achieve a consistently attractive level of income coupled with the potential for long term capital appreciation, whilst aiming to preserve the value of capital over the shorter term for UK registered charities only.
Benchmark
  • Composite
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Martin Price31/12/2013After 10 years in the British Army and at business school, Martin joined Merrill Lynch in their London private client office. He subsequently worked at a number of City firms, gaining a broad range of experience before specialising in derivatives for several years. He joined Sarasin & Partners in 1993 and led the fixed income rates team from 1998.
John Godley31/12/2013A Sarasin Investment Management employee since June 2002, John started his career in fixed income in 1986. He was previously a portfolio manager and credit analyst for GE Insurance Holdings, a part of GE Capital. During the 1990s he worked for Guardian Royal Exchange, where he became Head of Global Fixed Income with responsibility for portfolios totaling £5bn.
Phil Collins31/10/2013Phil has almost 30 years’ investment experience, the bulk of which was at Newton Investment Management. At Newton, Phil was Chief Investment Officer of the private clients and charities division, responsible for the investment process and performance of approximately £9bn of client assets. He also established and was lead manager of the Newton Phoenix range of funds which outperformed their sector consistently. Prior to joining Newton, Phil held investment management roles at Capital House & Leopold Joseph. Phil joined Sarasin in 2013.
Compliance
Registered Charity, IA Recognised
Domicile
No data available.
Fund for sale in
United Kingdom
Sarasin Alpha CIF for Income & Reserves Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price178.6
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEY15
Sarasin Alpha CIF for Income & Reserves Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.05%
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price109.3
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEY16
Data provided by

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