Fact sheet: Smith & Williamson Nth Am Eq

Fund information
Fund name
Smith & Williamson North American Equity B Inc
Fund manager company
Smith & Williamson Investment
Fund type
Unit Trust
Fund managers
  • Chris Fordsince 11/05/2015
  • Tim Daysince 11/05/2015
Fund objective
To achieve long-term growth of capital primarily through investment in securities quoted on markets in North America. In order to achieve the Fund's objective, the strategy will be to invest in a wide range of companies, large and small, which reflect growth opportunities in various sectors of the North American and global economies.
Benchmark
  • MSCI North America
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
28.2%
1 Year rank in sector
29/82
Sector
UT North America
Yield
0.7%
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.
0.7%
Fund size
£63m (£60m 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.
103
Top in this sector
Fund name1 Year
VT De Lisle America41.8%
GAM North American Growth34.4%
Investec American33.5%
UBS US Equity33.4%
Royal London US Gth Trst32.7%
...more in UT North America

Performance snapshot

Holdings snapshot

  • North America98.1%
    Money Market1.9%
  • Information Technology23.4%
    Financials16.3%
    Health Care15.3%
    Industrials11.1%
    Consumer Discretionary8.4%
  • North American Equities98.1%
    Money Market1.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.2%-0.1%4%28.2%52.7%97.4%
Sector-3.1%0.2%5.7%27%66.6%115.9%
Rank within sector54 / 8859 / 8776 / 8629 / 8271 / 7458 / 63
Quartile3rd3rd4th2nd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund0.5%30.1%-0.8%15.4%30%
Sector1.2%31.2%4.9%17.8%30.5%
Rank within sector58 / 8754 / 8178 / 7961 / 7242 / 65
Quartile3rd3rd4th4th3rd
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.
-3.27
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.
1.06
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.
0.99
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%.
12.2
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.
2.72
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.
-0.86
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.
0.95
Price movement
52 week high213.9
52 week low153.8
Current bid price-
Current offer price-
Current mid price201.4
Region
1North America98.1%
2Money Market1.9%
Industry sector
1Information Technology23.4%
2Financials16.3%
3Health Care15.3%
4Industrials11.1%
5Consumer Discretionary8.4%
6Consumer Staples7.8%
7Energy7.3%
8Materials3.7%
9Telecommunications Utilities2.6%
Asset type
1North American Equities98.1%
2Money Market1.9%
Individual holdings
1ALPHABET INC4.4%
2MICROSOFT CORP4%
3UNITEDHEALTH GROUP INC3.1%
4US BANCORP DELAWARE3%
5CITIGROUP INC2.9%
6CONAGRA BRANDS INC2.9%
7PEPSICO INC2.9%
8ACTIVISION BLIZZARD INC2.8%
9BOSTON SCIENTIFIC CORP2.8%
Management
Fund manager group
Smith & Williamson Invest Mgmt
Fund manager company
Smith & Williamson Investment
Fund type
Unit Trust
Fund objective
To achieve long-term growth of capital primarily through investment in securities quoted on markets in North America. In order to achieve the Fund's objective, the strategy will be to invest in a wide range of companies, large and small, which reflect growth opportunities in various sectors of the North American and global economies.
Benchmark
  • MSCI North America
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Chris Ford11/05/2015Chris joined Smith & Williamson in May 2015 to co-manage the Smith & Williamson North American Equity Fund and Smith & Williamson Mid Ocean World Investment Fund. Chris joined from Pictet Asset Management where he managed Global and US equities. Prior to this he managed US equities at Schroders and US and technology equities at Aegon Asset Management. Chris graduated from the University of Nottingham with a BA (Hons) in Music, an MMus from the University of Glasgow and an MBA from the University of Edinburgh. Chris also holds the IMC.
Tim Day11/05/2015Tim joined Smith & Williamson in May 2015 to co-manage the Smith & Williamson North American Equity Fund and Smith & Williamson Mid Ocean World Investment Fund. Tim joined from Pictet Asset Management where he managed Global and US equities. Prior to this Tim managed global equities at Henderson Global Investors and US equities at Fleming Investment Management. Tim graduated from the University of Bath with a BSc (Hons) in Social Sciences, History and Philosophy.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Smith & Williamson North American Equity A Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price-
Offer price-
Mid price2233
CurrencyGBX
Price updated21/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTT08
Smith & Williamson North American Equity B Inc
Initial charge-
Annual charge0.65%
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.7%
Total expense ratio (TER)0.7%
Bid price-
Offer price-
Mid price201.4
CurrencyGBX
Price updated21/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA1GJ
Data provided by

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