Fact sheet: Smith & Williamson GblGld&Res

Fund information
Fund name
Smith & Williamson Global Gold & Resources B
Fund manager company
Smith & Williamson Invest Mgmt
Fund type
OEIC
Fund managers
  • Ani Markovasince 02/05/2010
Fund objective
The Fund aims to achieve long-term capital growth by investing primarily in the shares of gold mining companies, precious metal related companies and resources based companies quoted on recognised and eligible markets. The Fund may also invest in gold bullion shares, other transferable securities, money market instruments, deposits, collective investment schemes and warrants. The Fund will typically be fully invested in a spread of equities principally within the gold and precious metal industry.
Benchmark
  • S&P/TSX Global Gold TR Index (Sterling)
Investment style
None
Investment method
Shares
Quick stats
1 Year return
86.8%
1 Year rank in sector
4/124
Sector
UT Specialist
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.
0.72%
Fund size
£48m (£27m 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.
249
Mid price
62.04
Top in this sector
Fund name1 Year
MFM Junior Gold134.7%
WAY Charteris Gd Prcsml124.2%
Old Mutual JPM Nat Res87.6%
Smith & Williamson GblGld&Res86.8%
JPM Natural Resources85.2%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • Canada77.7%
    USA10.6%
    Australia6.4%
    UK3.2%
    Others2.1%
  • Mineral Extraction95.1%
    Others4.6%
    Building & Construction0.3%
  • Commodity & Energy100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-11.2%-20.1%2.1%86.8%57.3%-34.3%
Sector-1.2%-0.5%9.4%19.8%17%27.7%
Rank within sector114 / 124121 / 125105 / 1254 / 1247 / 11485 / 91
Quartile4th4th4th1st1st4th
Calendar performance
 YTD - 20162015201420132012
Fund87.2%-16.8%-1%-45%-13%
Sector19.7%-4.5%1.2%4.5%7.5%
Rank within sector4 / 12499 / 11983 / 115101 / 10588 / 91
Quartile1st4th3rd4th4th
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.
7.31
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.
2.2
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.
0.29
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%.
37.76
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.
32.5
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.
0.26
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.
0.34
Price movement
52 week high82.89
52 week low31.37
Current bid price-
Current offer price-
Current mid price62.04
Region
1Canada77.7%
2USA10.6%
3Australia6.4%
4UK3.2%
5Others2.1%
Industry sector
1Mineral Extraction95.1%
2Others4.6%
3Building & Construction0.3%
Asset type
1Commodity & Energy100%
Individual holdings
1AGNICO EAGLE MINES5.3%
2ASANKO GOLD INC4.7%
3NEWMONT MINING CORP4.2%
4ENDEAVOUR MINING CORP4.1%
5SILVER WHEATON CORP4%
6TAHOE RESOURCES INC4%
7CENTRAL FUND OF CANADA CLASS`A`NPV3.8%
8DETOUR GOLD CORP3.8%
9SEMAFO INC3.6%
Management
Fund manager group
Smith & Williamson Invest Mgmt
Fund manager company
Smith & Williamson Invest Mgmt
Fund type
OEIC
Fund objective
The Fund aims to achieve long-term capital growth by investing primarily in the shares of gold mining companies, precious metal related companies and resources based companies quoted on recognised and eligible markets. The Fund may also invest in gold bullion shares, other transferable securities, money market instruments, deposits, collective investment schemes and warrants. The Fund will typically be fully invested in a spread of equities principally within the gold and precious metal industry.
Benchmark
  • S&P/TSX Global Gold TR Index (Sterling)
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Ani Markova02/05/2010Ani is lead fund manager on the Smith & Williamson Global Gold and Resources Fund and is also lead manager of the AGF Precious Metals Fund. She has worked for AGF (a minority shareholder of Smith & Williamson Holdings Limited) since 2003 and has been working on the portfolio since 2008. Before joining AGF, Ani was a research associate and previous to that an associate analyst, both positions were based in Canada. Ani has a BA in Management and Marketing from Mount Vernon College in Washington D.C, an MBA in International Business and Finance also from the USA and she is a Licensed International Financial Analyst as well as a CFA charterholder and Member of the Toronto CFA Society.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Smith & Williamson Global Gold & Resources A Inc
Initial charge5%
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price240.2
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTT33
Smith & Williamson Global Gold & Resources B
Initial charge-
Annual charge0.65%
Min single investment£250,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price62.04
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA1GE
Data provided by

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