Fact sheet: Shires Income plc

Fund information
Fund name
Shires Income plc Ord 50p
Fund manager company
Aberdeen Fund Managers Ltd
Fund type
Investment Trust
Fund manager
  • Pan European Equity Teamsince 31/03/1929
Fund objective
To provide for shareholders a high level of income, together with growth of both income and capital from a portfolio of investments substantially invested in UK Equities.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
6.3%
1 Year rank in sector
5/24
Sector
IT UK Equity Income
Yield
5.7%
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.
0.97%
Fund size
£65m
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.
99
Mid price
215.75
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
246.48
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-12.47
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
126
Top in this sector
Fund name1 Year
Tmpl Br IT PLC11.7%
Chv Small Cos Div Tst plc8.3%
Murray Inc Tst PLC7.8%
Finsbury Growth & Inc Tst PLC6.3%
Shires Income plc6.3%
...more in IT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK98.4%
    Luxembourg1.6%
    USA0%
    Netherlands-0%
  • Financials53.6%
    Consumer Staples13.1%
    Energy8.2%
    Industrials7.5%
    Health Care7.3%
  • UK Equities85.1%
    Preference Shares36.2%
    Money Market1.6%
    Options-0%
    Cash & Cash Equivalents-22.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-4.4%8.4%6.3%8.2%60.9%
Sector0.4%-0.9%5.7%1.1%11.8%68.7%
Rank within sector12 / 2417 / 247 / 245 / 2417 / 2419 / 24
Quartile2nd3rd2nd1st3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund8%-11.3%8.5%19.6%29.7%
Sector2.2%3.8%3%29.8%20%
Rank within sector4 / 2424 / 247 / 2423 / 243 / 24
Quartile1st4th2nd4th1st
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.
-1.07
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.
0.94
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
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%.
10.18
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.
7.2
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.
-0.21
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.
0.5
Price movement
52 week high236.13
52 week low183.25
Current bid price215
Current offer price216.5
Current mid price215.75
Region
1UK98.4%
2Luxembourg1.61%
3USA-
4Netherlands-0.01%
Industry sector
1Financials53.64%
2Consumer Staples13.11%
3Energy8.19%
4Industrials7.5%
5Health Care7.27%
6Consumer Discretionary6.77%
7Utilities5.42%
8Materials4.91%
9Telecommunications Utilities4.84%
Asset type
1UK Equities85.13%
2Preference Shares36.23%
3Money Market1.61%
4Options-0.02%
5Cash & Cash Equivalents-22.95%
Individual holdings
1ABERDEEN SMALLER COMPANIES INCOME TRUST PLC ORD 50P6.2%
2ECCLESIASTICAL INSURANCE 8.875%6.1%
3RSA INSURANCE GROUP PLC 7.375% CUM IRRD PRF GBP15.7%
4GENERAL ACCIDENT PLC 7 7/8% CUM IRRD PRF GBP14.9%
5SANTANDER UK PLC 10.375% NON CUM PRF SHS GBP14.4%
6ROYAL DUTCH SHELL3.6%
7STANDARD CHARTERED 8.25% NON-CUM IRRD PRF GBP13.6%
8BRITISH AMERICAN TOBACCO3.1%
9GLAXOSMITHKLINE3%
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Fund Managers Ltd
Fund type
Investment Trust
Fund objective
To provide for shareholders a high level of income, together with growth of both income and capital from a portfolio of investments substantially invested in UK Equities.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Pan European Equity Team31/03/1929
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Shires Income plc Ord 50p
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price246.66
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJHQ
Shires Income plc Ord 50p NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price240.2
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeA0TH
Data provided by

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