Fact sheet: Smith & Williamson MM Endura Bal

Fund information
Fund name
Smith & Williamson MM Endurance Balanced B
Fund manager company
Smith & Williamson Invest Mgmt
Fund type
OEIC
Fund managers
  • James Burnssince 31/03/2007
  • Genevra Banszky von Ambrozsince 24/09/2014
Fund objective
The Fund aims to achieve a total return by combining both long term capital growths with the generation of some income. The Fund will invest primarily in regulated collective investment schemes globally, but will maintain a UK and European bias.
Benchmark
  • FTSE WMA Stock Market Balanced
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
5.6%
1 Year rank in sector
238/268
Sector
UT Mixed Investment 40%-85% Shares
Yield
1.6%
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.
1.36%
Fund size
£32m (£32m 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.
56
Mid price
133.1
Top in this sector
Fund name1 Year
Orbis Gbl Bal34.6%
FP MA DRP VIII21.2%
HSBC Wld Seltn Advntr Pfl21%
CF Greenmount20.7%
S&W Millbank East River20.4%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK36.2%
    Not Specified29.7%
    North America14.9%
    Money Market4.8%
    Asia Pacific4.2%
  • No data available.
  • UK Equities36.4%
    Global Fixed Interest18.3%
    North American Equities15%
    Money Market5%
    Japanese Equities4.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%0.6%7.2%5.6%16.6%41.1%
Sector-2%0.4%8.9%9.5%18.7%46.9%
Rank within sector35 / 280135 / 279203 / 275238 / 268181 / 240163 / 207
Quartile1st2nd3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund5.4%4.4%4.9%14.3%7.7%
Sector9.9%2.2%5%13.5%9%
Rank within sector248 / 26849 / 252145 / 242119 / 224157 / 207
Quartile4th1st3rd3rd4th
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.
-1.19
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.
1.02
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.
0.23
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%.
7.54
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.
2.5
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.
-0.44
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.
0.89
Price movement
52 week high135
52 week low116.7
Current bid price-
Current offer price-
Current mid price133.1
Region
1UK36.2%
2Not Specified29.7%
3North America14.9%
4Money Market4.8%
5Asia Pacific4.2%
6Japan4.1%
7Europe3.8%
8Global Emerging Markets2.3%
Industry sector
No data available.
Asset type
1UK Equities36.4%
2Global Fixed Interest18.3%
3North American Equities15%
4Money Market5%
5Japanese Equities4.6%
6Asia Pacific Equities4.1%
7European Equities3.9%
8Property3.4%
9Others2.5%
Individual holdings
1ARTEMIS US EXTENDED ALPHA I ACC GBP5.9%
2CITY OF LONDON INVESTMENT TRUST5.6%
3INVESTEC UK ALPHA J INC GBP5.5%
4HENDERSON UK ABSOLUTE RETURN I ACC5.2%
5IP UK STRATEGIC INC 'Z'5.1%
6MAN GLG UDERVAL ASTS INC 'D'4.8%
7TEMPLE BAR IN ORD GBP0.254.8%
8UBS US EQUITY B ACC4.5%
9EMPIRIC STUDENT PROP PLC3.6%
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 a total return by combining both long term capital growths with the generation of some income. The Fund will invest primarily in regulated collective investment schemes globally, but will maintain a UK and European bias.
Benchmark
  • FTSE WMA Stock Market Balanced
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
James Burns31/03/2007James 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 Ambroz24/09/2014Genevra 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, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Smith & Williamson MM Endurance Balanced A
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.94%
Total expense ratio (TER)2.27%
Bid price-
Offer price-
Mid price222.8
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEH04
Smith & Williamson MM Endurance Balanced B
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£5,000
Available in ISAYes
Ongoing charge (OCF)1.36%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price133.1
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG1OB
Data provided by

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