Fact sheet: Smith & Williamson MedDtCorBd

Fund information
Fund name
Smith & Williamson Medium Dated Corporate Bond B GBP
Fund manager company
Smith & Williamson Investment
Fund type
OEIC
Fund managers
  • Ian Kennysince 16/07/2012
  • Thomas Wellssince 01/10/2015
Fund objective
To achieve income returns and ready access to capital.
Benchmark
  • FTSE Actuaries British Government All Stocks Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.2%
1 Year rank in sector
72/302
Sector
FO Fixed Int - Global
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.
0.95%
Fund size
£5m
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.
33
Top in this sector
Fund name1 Year
Capital Group GHIOL29%
LM WAHiYcrEn25.9%
Dodge & Cox Global Bond22.6%
Natixis H2O Multibonds22.4%
HSBC GIF Gbl AsBk Bd17%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • International93.9%
    Money Market6.1%
  • Food, Beverages and Tobacco15.7%
    Materials15.3%
    Telecommunications Utilities13.5%
    Utilities11.7%
    Food & Drug Retailers6.9%
  • Global Fixed Interest93.9%
    Money Market6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%2.6%0.7%6.2%16.2%-
Sector0.6%1.5%-0.1%3.7%6%12%
Rank within sector146 / 33248 / 32497 / 31172 / 30231 / 242-
Quartile2nd1st2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund1.5%8%0.3%9.6%-3.3%
Sector1.8%4.6%-1.6%3.7%-1.6%
Rank within sector178 / 32147 / 29372 / 26828 / 231138 / 202
Quartile3rd1st2nd1st3rd
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.
2.93
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.
1.25
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.
0.38
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%.
4.98
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.
3.64
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.
0.92
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.
0.48
Price movement
52 week high1.06
52 week low0.98
Current bid price-
Current offer price-
Current mid price1.02
Region
1International93.9%
2Money Market6.1%
Industry sector
1Food, Beverages and Tobacco15.7%
2Materials15.3%
3Telecommunications Utilities13.5%
4Utilities11.7%
5Food & Drug Retailers6.9%
6Consumer Services6.2%
7Money Market6.1%
8Biotechnology/Medical5.7%
9Others5.7%
Asset type
1Global Fixed Interest93.9%
2Money Market6.1%
Individual holdings
No data available.
Management
Fund manager group
Smith & Williamson Invest Mgmt
Fund manager company
Smith & Williamson Investment
Fund type
OEIC
Fund objective
To achieve income returns and ready access to capital.
Benchmark
  • FTSE Actuaries British Government All Stocks Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ian Kenny16/07/2012Ian is head of fixed interest and also manages the Short-Dated Corporate Bond Fund and the Medium-Dated Corporate Bond Fund. Ian joined Smith & Williamson in 1997 as an institutional fund accountant, qualifying as a chartered certified accountant in 2001. He then assumed fund management responsibility for a variety of institutional funds.
Thomas Wells01/10/2015Tom joined Smith & Williamson in 2007 on the firm’s graduate programme, becoming fund manager in 2010. He manages portfolios for a range of clients, including defined contribution and defined benefit pension funds as well as charities. Tom is assistant fund manager of the Short-Dated Corporate Bond Fund, Medium-Dated Corporate Bond Fund and Fixed Interest Fund.
Compliance
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Smith & Williamson Medium Dated Corporate Bond B GBP
Initial charge-
Annual charge0.55%
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.95%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price1.02
CurrencyGBP
Price updated24/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeG5NC
Data provided by

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