Fact sheet: Smith & Williamson Defnsv Gth

Fund information
Fund name
Smith & Williamson Defensive Growth B
Fund manager company
Smith & Williamson Invest Mgmt
Fund type
OEIC
Fund managers
  • James Burnssince 30/06/2005
  • Genevra Banszky von Ambrozsince 01/01/2014
Fund objective
The investment objective of the fund is to achieve long term steady capital growth by adopting a a policy to normally invest at least 50% of the assets in zero dividend preference shares (zeros), and synthetic zeros. The Fund may also invest in other transferable securities, money market instruments, deposits, collective investment schemes and warrants.
Benchmark
  • FTSE All Share TR
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
5.9%
1 Year rank in sector
29/134
Sector
FO Mixed Asset - Balanced
Yield
-
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.
0.78%
Fund size
£18m (£17m 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.
19
Top in this sector
Fund name1 Year
Templeton Emg Mkts Bal32.1%
Capital Group EMTOpL25.5%
HSBC Pfl World Seltn 322.6%
Oasis Crs Gbl Low EqBal19.7%
Morg Stnly Gbl Bal Inc18.7%
...more in FO Mixed Asset - Balanced

Performance snapshot

Holdings snapshot

  • Not Specified51.9%
    International27.1%
    UK15.8%
    Money Market5.2%
  • No data available.
  • International Equities27.1%
    Property19.9%
    UK Equities15.8%
    Global Fixed Interest9.7%
    Hedge8.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%1.6%5.7%5.9%11.2%27.1%
Sector-1%-0.7%3.2%1.7%8.2%25.2%
Rank within sector63 / 14319 / 14328 / 13629 / 13445 / 11445 / 89
Quartile2nd1st1st1st2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.6%1.4%3.1%5.9%8.1%
Sector3.5%-0.3%4.7%7.5%7.6%
Rank within sector30 / 13340 / 12481 / 11378 / 10259 / 88
Quartile1st2nd3rd4th3rd
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.
2.86
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.
0.27
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.
0.09
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%.
2.35
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.
4.42
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.
0.14
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.
0.4
Price movement
52 week high1.26
52 week low1.15
Current bid price-
Current offer price-
Current mid price1.25
Region
1Not Specified51.9%
2International27.1%
3UK15.8%
4Money Market5.2%
Industry sector
No data available.
Asset type
1International Equities27.1%
2Property19.9%
3UK Equities15.8%
4Global Fixed Interest9.7%
5Hedge8.7%
6Others8.1%
7Private Equity5.5%
8Money Market5.2%
Individual holdings
1CS SYNTHETIC ZDP 20206.6%
2NEXTENERGY SOLAR FUND5.2%
3UIL FINANCE ZDP 20184.9%
4VINALAND 20164.9%
5TALIESIN PROPERTY FUND 20184.5%
6RBC SYNTHETIC ZDP 20204.4%
7EMPIRIC STUDENT PROPERTY4.2%
8CONYGAR ZDP 20193.7%
9HIGHBRIDGE MULTI-STRATEGY FUND3.7%
Management
Fund manager group
Smith & Williamson Invest Mgmt
Fund manager company
Smith & Williamson Invest Mgmt
Fund type
OEIC
Fund objective
The investment objective of the fund is to achieve long term steady capital growth by adopting a a policy to normally invest at least 50% of the assets in zero dividend preference shares (zeros), and synthetic zeros. The Fund may also invest in other transferable securities, money market instruments, deposits, collective investment schemes and warrants.
Benchmark
  • FTSE All Share TR
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
James Burns30/06/2005James joined Smith & Williamson in September 1999 and started working on the investment trust desk in January 2001. James leads the Managed Portfolio Service as well as the Multi Manager team, which oversees the Smith & Williamson MM Global Investment Fund, MM Cautious Growth Fund and the MM Endurance Balanced Fund. James sits on the Asset Allocation Policy Committee and he also co-ordinates the investment trust recommended list for the Private Client department. James graduated from the University of St. Andrews in 1998 with an MA (Hons) and is a Chartered Member of the Chartered Institute for Securities & Investment.
Genevra Banszky von Ambroz01/01/2014Genevra joined the Smith & Williamson Investment Management Graduate Scheme in September 2008, and became a permanent member of the firm’s Multi-Manager team in January 2010. She has been assistant fund manager on the MM Cautious Growth Fund and MM Global Investment Fund since January 2014, became assistant fund manager on the MM Endurance Balanced Fund in September 2014. In January 2015 she was promoted to Associate Director. Genevra graduated from Durham University in 2007 with a BA (Hons) degree in Politics. She is a Chartered Member of the Chartered Institute of Securities & Investment (CISI) and is a CAIA Charter Holder
Compliance
IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Smith & Williamson Defensive Growth A
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.08%
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price18.2588
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeYX95
Smith & Williamson Defensive Growth B
Initial charge5%
Annual charge0.7%
Min single investment£250,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.2505
CurrencyGBP
Price updated30/11/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG1WJ
Data provided by

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