Fact sheet: Smith & Williamson MM Gbl Invest

Fund information
Fund name
Smith & Williamson MM Global Investment B
Fund manager company
Smith & Williamson Invest Mgmt
Fund type
OEIC
Fund managers
  • James Burnssince 08/06/2005
  • Genevra Banszky von Ambrozsince 01/01/2014
Fund objective
The objective of this fund is to achieve long term capital growth together with the generation of some income primarily from a portfolio of closed end investment trust companies listed on the London Stock Exchange or any recognised Stock Exchange.
Benchmark
  • FTSE WMA Stock Market Growth
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
15.3%
1 Year rank in sector
59/223
Sector
UT Flexible Investment
Yield
2%
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
£14m (£24m 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.
60
Mid price
142
Top in this sector
Fund name1 Year
M&G Managed Growth31.6%
CF IM Global Strategy25.2%
Margetts Venture Strategy23.7%
Invesco Perp Managed Growth23.3%
Architas Birthstar TD 2036 4023.2%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • Not Specified30.8%
    UK17.5%
    Asia Pacific10.5%
    Global Emerging Markets9.1%
    Japan8%
  • No data available.
  • UK Equities17.6%
    Asia Pacific Equities10.5%
    Private Equity10.4%
    Global Fixed Interest10%
    Global Emerging Market Equities9.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%5.7%16%15.3%21.8%59.3%
Sector-0.2%0.7%8.7%10.1%19.4%45.9%
Rank within sector17 / 2528 / 24614 / 24659 / 22390 / 18649 / 158
Quartile1st1st1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund14.4%-2%7.4%19%13.5%
Sector9.9%2%4.9%14.1%9.7%
Rank within sector70 / 232197 / 20939 / 18847 / 17721 / 160
Quartile2nd4th1st2nd1st
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.
0.69
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.
0.87
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.
0.33
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%.
7.61
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.
3.66
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.
-0.03
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.
0.78
Price movement
52 week high142.3
52 week low115.1
Current bid price-
Current offer price-
Current mid price142
Region
1Not Specified30.8%
2UK17.5%
3Asia Pacific10.5%
4Global Emerging Markets9.1%
5Japan8%
6North America7.4%
7Europe7.2%
8Money Market6%
9Others1.8%
Industry sector
No data available.
Asset type
1UK Equities17.6%
2Asia Pacific Equities10.5%
3Private Equity10.4%
4Global Fixed Interest10%
5Global Emerging Market Equities9.1%
6Japanese Equities8%
7North American Equities7.4%
8European Equities7.2%
9Hedge6.3%
Individual holdings
1MONKS INVESTMENT TRUST PLC5.3%
2TEMPLE BAR INVESTMENT TRUST5.1%
3RIT CAPITAL PARTNERS4.9%
4EDINBURGH INVESTMENT TRUST4.8%
5SCHRODER UK G ORD GBP0.254.6%
6HENDERSON ALTERNATIVE STRAT TR PLC4.5%
7MAN GLG JPN CALPHA ACC GBP HDG4.2%
8PANTHEON INTL ORD GBP0.674.1%
9HENDERSON TR PACIFIC INV TR TRUST3.8%
Management
Fund manager group
Smith & Williamson Invest Mgmt
Fund manager company
Smith & Williamson Invest Mgmt
Fund type
OEIC
Fund objective
The objective of this fund is to achieve long term capital growth together with the generation of some income primarily from a portfolio of closed end investment trust companies listed on the London Stock Exchange or any recognised Stock Exchange.
Benchmark
  • FTSE WMA Stock Market Growth
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
James Burns08/06/2005James 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, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Smith & Williamson MM Global Investment A
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price2336
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTT28
Smith & Williamson MM Global Investment B
Initial charge-
Annual charge0.65%
Min single investment£250,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price142
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGM3A
Data provided by

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