Fact sheet: Smith & Williamson MM GblInvest

Fund information
Fund name
Smith & Williamson MM Global Investment B Inc
Fund manager company
Smith & Williamson Investment
Fund type
OEIC
Fund managers
  • James Burnssince 09/06/2005
  • Genevra Banszky von Ambrozsince 01/01/2014
Fund objective
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
31.7%
1 Year rank in sector
11/241
Sector
UT Flexible Investment
Yield
1.8%
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.
0.75%
Fund size
£13m (£20m 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
159
Top in this sector
Fund name1 Year
M&G Managed Growth38.9%
CF Purisima EAFE Total Rtn37.2%
TB Wise Income35.2%
Margetts Venture Strategy33.5%
CF Miton Worldwide Opps33.2%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • Not Specified30.6%
    UK18%
    Global Emerging Markets9.6%
    Japan9.3%
    Asia Pacific9.2%
  • No data available.
  • UK Equities18%
    Private Equity10.1%
    Global Emerging Market Equities9.6%
    Japanese Equities9.3%
    Asia Pacific Equities9.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%1.8%12.9%31.7%32.1%79%
Sector2.3%2%7.5%19.5%26.3%57.5%
Rank within sector209 / 258136 / 2558 / 24511 / 24174 / 19336 / 165
Quartile4th3rd1st1st2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund8.5%18.1%-2%7.4%19%
Sector5%12.8%2%4.9%14.1%
Rank within sector19 / 24558 / 232199 / 21037 / 18847 / 178
Quartile1st1st4th1st2nd
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.
1.66
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.
0.93
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.
0.74
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%.
8.01
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.
3.89
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.
0.25
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.
0.76
Price movement
52 week high159.8
52 week low119.9
Current bid price-
Current offer price-
Current mid price159
Region
1Not Specified30.6%
2UK18%
3Global Emerging Markets9.6%
4Japan9.3%
5Asia Pacific9.2%
6Europe7.9%
7North America6.8%
8Money Market4.4%
9International3.1%
Industry sector
No data available.
Asset type
1UK Equities18%
2Private Equity10.1%
3Global Emerging Market Equities9.6%
4Japanese Equities9.3%
5Asia Pacific Equities9.2%
6European Equities7.9%
7Global Fixed Interest7.8%
8Hedge7.7%
9North American Equities6.8%
Individual holdings
1TEMPLE BAR INVESTMENT TRUST5.1%
2EDINBURGH INVESTMENT TRUST5%
3RIT CAPITAL PARTNERS5%
4SCHRODER UK GROWTH4.9%
5HENDERSON ALTERNATIVE STRAT TR PLC4.6%
6HENDERSON HENDERSON EUROPEAN FOCUS TRUST ORD 50P4.5%
7PROSPECT JAPAN LTD4.4%
8MAN GLG JPN CALPHA ACC GBP HDG4.3%
9UTILICO EMERGING MARKETS LTD4%
Management
Fund manager group
Smith & Williamson Invest Mgmt
Fund manager company
Smith & Williamson Investment
Fund type
OEIC
Fund objective
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 Burns09/06/2005James 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 Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price2605
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTT28
Smith & Williamson MM Global Investment B Inc
Initial charge-
Annual charge0.65%
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price159
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGM3A
Data provided by

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