Fact sheet: Smith & Williamson Cash

Fund information
Fund name
Smith & Williamson Cash
Fund manager company
Smith & Williamson Invest Mgmt
Fund type
No data available.
Fund managers
  • Beverley Purkisssince 01/03/2001
Fund objective
To achieve a high rate of interest and ready access to capital primarily through investing in sterling money market deposits by placing cash with banks or other sterling deposit-taking institutions where the rate is fixed for a certain period by the bank or deposit taking institution and money market instruments, including but not limited to certificates of deposits issued by banks, or other deposit-taking institutions.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
Deposits, Certificate of Deposit
Quick stats
1 Year return
0.2%
1 Year rank in sector
19/42
Sector
FO Currency - Sterling
Yield
0.1%
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.
0.28%
Fund size
£54m (£56m last year)
Top in this sector
Fund name1 Year
Hume Caut MA Stg2.1%
Payden & Rygel Sterling Rsrv1.2%
Aberdeen Liq(L)USDurStg0.9%
Insight ILF GBP Liquidity Plus0.8%
BlackRock ICS InstStgUl SBd0.6%
...more in FO Currency - Sterling

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0%0.1%0.2%0.5%1.3%
Sector0%0%0.1%0.5%1.2%2.2%
Rank within sector23 / 4619 / 4624 / 4419 / 4221 / 3813 / 31
Quartile2nd2nd3rd2nd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.2%0.2%0.1%0.1%0.6%
Sector0.3%0.6%0.3%0.3%0.6%
Rank within sector19 / 4216 / 3923 / 3721 / 378 / 30
Quartile2nd2nd3rd3rd2nd
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.
0.16
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.
0.04
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.
-
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%.
0.02
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.
0.17
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.
-1.08
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.
0.09
Price movement
52 week high100.12
52 week low100
Current bid price-
Current offer price-
Current mid price100.06
Region
1Money Market100%
Industry sector
1Money Market100%
Asset type
1Money Market100%
Individual holdings
1LLOYDS19%
2COVENTRY18.9%
3SANTANDER13.3%
4BARCLAYS12.1%
5ING9.2%
6ROYAL BANK OF SCOTLAND8.4%
7NATIONWIDE8.3%
8CLYDESDALE 3.7%
9ABBEY2.8%
Management
Fund manager group
Smith & Williamson Invest Mgmt
Fund manager company
Smith & Williamson Invest Mgmt
Fund type
No data available.
Fund objective
To achieve a high rate of interest and ready access to capital primarily through investing in sterling money market deposits by placing cash with banks or other sterling deposit-taking institutions where the rate is fixed for a certain period by the bank or deposit taking institution and money market instruments, including but not limited to certificates of deposits issued by banks, or other deposit-taking institutions.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
Deposits, Certificate of Deposit
Fund managers
NameSinceBiography
Beverley Purkiss01/03/2001Beverley joined Smith and Williamson in 1996, having worked at Hill Samuel for 15 years where she was responsible for dealing with a variety of corporate clients on their sterling deposits and treasury products. Beverley is head of the Treasury Desk at Smith and Williamson and her team cover fixed deposits and foreign exchange. Beverley is also the fund manager for the Smith and Williamson Cash Fund.
Compliance
IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
France, United Kingdom, Ireland, Offshore
Smith & Williamson Cash
Initial charge5%
Annual charge0.2%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.28%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price100.0576
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTT14
Data provided by

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