Fact sheet: Smith & Williamson MMEnduraBal

Fund information
Fund name
Smith & Williamson MM Endurance Balanced B Inc
Fund manager company
Smith & Williamson Investment
Fund type
OEIC
Fund managers
  • James Burnssince 01/04/2007
  • Genevra Banszky von Ambrozsince 25/09/2014
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
18.8%
1 Year rank in sector
169/267
Sector
UT Mixed Investment 40-85% Shares
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.
1.39%
Fund size
£34m (£30m 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.
55
Mid price
143
Top in this sector
Fund name1 Year
HSBC Wld Seltn Advntr Pfl32%
FP MA DRP VIII31.2%
S&W Acacia31.1%
Orbis Gbl Bal30.9%
S&W Pityoulish30.8%
...more in UT Mixed Investment 40-85% Shares

Performance snapshot

Holdings snapshot

  • UK35.9%
    Not Specified31.5%
    North America14.6%
    Europe4.8%
    Japan4.1%
  • No data available.
  • UK Equities35.5%
    North American Equities15.9%
    Global Fixed Interest13.2%
    Others7%
    Hedge5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.8%3.4%9.1%18.8%26.1%57.2%
Sector2.3%2.2%7.8%19.6%27%57.5%
Rank within sector99 / 28256 / 27977 / 275169 / 267152 / 241131 / 208
Quartile2nd1st2nd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund6.4%8.3%4.4%4.9%14.3%
Sector5.2%13.3%2.2%5%13.5%
Rank within sector72 / 276234 / 26049 / 246141 / 237117 / 222
Quartile2nd4th1st3rd3rd
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.
-0.45
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.
1.01
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.
0.54
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%.
7.45
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.
2.6
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.
-0.16
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.
0.88
Price movement
52 week high142.9
52 week low121.3
Current bid price-
Current offer price-
Current mid price143
Region
1UK35.9%
2Not Specified31.5%
3North America14.6%
4Europe4.8%
5Japan4.1%
6Money Market3.8%
7Asia Pacific3.2%
8Global Emerging Markets2.1%
Industry sector
No data available.
Asset type
1UK Equities35.5%
2North American Equities15.9%
3Global Fixed Interest13.2%
4Others7%
5Hedge5.3%
6Money Market4.2%
7Japanese Equities4.1%
8European Equities3.9%
9Asia Pacific Equities3.1%
Individual holdings
1ARTEMIS US EXTENDED ALPHA I ACC GBP6.5%
2INVESTEC UK ALPHA J INC GBP5.6%
3CITY OF LONDON INVESTMENT TRUST5.5%
4HENDERSON UK ABSOLUTE RETURN I ACC5%
5IP UK STRATEGIC INC 'Z'5%
6MAN GLG UDERVAL ASTS INC 'D'5%
7TEMPLE BAR INVESTMENT TRUST4.4%
8UBS US EQUITY B ACC3.6%
9SCHRODER ISF ASIAN 'C' GBP3.3%
Management
Fund manager group
Smith & Williamson Invest Mgmt
Fund manager company
Smith & Williamson Investment
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 Burns01/04/2007James 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 Ambroz25/09/2014Genevra 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 Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price239.2
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeEH04
Smith & Williamson MM Endurance Balanced B Inc
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price143
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG1OB
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.