Fact sheet: Smith & Williamson UK Equity Grth

Fund information
Fund name
Smith & Williamson UK Equity Growth B
Fund manager company
Smith & Williamson Invest Mgmt
Fund type
Unit Trust
Fund managers
  • Rupert Flemingsince 13/12/2006
  • Mark Bouchersince 08/01/2013
Fund objective
To achieve long-term growth of capital, primarily through investment in the UK but with some exposure to other world markets from time to time. In order to achieve this objective, the strategy is to invest primarily in established UK companies where the Manager believes there to be good prospects for above average growth.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
22.1%
1 Year rank in sector
142/278
Sector
UT UK All Companies
Yield
1.3%
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.
0.71%
Fund size
£22m (£40m 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.
91
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry76.7%
UBS UK Opportunities45%
R&M UK Equity Long Term Recovery42.9%
Schroder Recovery41.4%
Charity Equity38.7%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK96.1%
    Money Market3.9%
  • Consumer Discretionary22.5%
    Industrials13.6%
    Materials13.4%
    Financials13%
    Energy9.8%
  • UK Equities96.1%
    Money Market3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.1%6.3%19.2%22.1%26.7%86.9%
Sector3.8%4.6%12.5%21.4%16.6%67.3%
Rank within sector224 / 28656 / 28422 / 281142 / 27832 / 26666 / 252
Quartile4th1st1st3rd1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.5%10.2%6.1%10.3%29%
Sector2.5%11.2%3.7%0.6%25.7%
Rank within sector253 / 286158 / 278109 / 2708 / 26596 / 258
Quartile4th3rd2nd1st2nd
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.
2.95
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.
1.11
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.
0.45
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%.
12.05
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.
5.64
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.
0.59
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.
0.79
Price movement
52 week high160.4
52 week low120.5
Current bid price-
Current offer price-
Current mid price159.3
Region
1UK96.1%
2Money Market3.9%
Industry sector
1Consumer Discretionary22.5%
2Industrials13.6%
3Materials13.4%
4Financials13%
5Energy9.8%
6Health Care7.3%
7Consumer Staples6.6%
8Money Market3.9%
9Information Technology3.6%
Asset type
1UK Equities96.1%
2Money Market3.9%
Individual holdings
1BP5.6%
2ASHTEAD GROUP5.2%
3CRH4.9%
4SHIRE PLC4.8%
5RECKITT BENCKISER GROUP PLC4.5%
6PRUDENTIAL PLC4.4%
7RPC GROUP4%
8MICRO FOCUS INTERNATIONAL3.4%
9MELROSE INDUSTRIES PLC3.2%
Management
Fund manager group
Smith & Williamson Invest Mgmt
Fund manager company
Smith & Williamson Invest Mgmt
Fund type
Unit Trust
Fund objective
To achieve long-term growth of capital, primarily through investment in the UK but with some exposure to other world markets from time to time. In order to achieve this objective, the strategy is to invest primarily in established UK companies where the Manager believes there to be good prospects for above average growth.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Rupert Fleming13/12/2006Rupert joined Smith & Williamson in November 2005. He is co-manager of the Smith & Williamson Enterprise Fund, and assists on the Smith & Williamson UK Equity Growth Fund. Previously Rupert was a fund manager at Leopold Joseph/Bank of Butterfield and prior to that worked as an equity salesman at Robert Fleming Securities. Rupert attended Bristol Business School, obtaining a BA(Hons).
Mark Boucher08/01/2013Mark Boucher spent six years as an institutional stockbroker after training at Wedd Durlacher. In 1992 Mark joined Leopold Joseph & Sons, where he was the fund manager of a UK long/short equity fund from its inception in 1998, before joining Smith & Williamson from 2006 to 2009 as co-manager of the Smith & Williamson Enterprise Fund. Mark left to run UK monies for a US multi-strategy hedge fund before returning in January 2013 as Head of UK Equities. He is co-manager of the Enterprise Fund and also manages the Smith & Williamson UK Equity Growth Fund.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Germany, France, United Kingdom
Smith & Williamson UK Equity Growth A
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price464.8
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTT10
Smith & Williamson UK Equity Growth B
Initial charge-
Annual charge0.65%
Min single investment£250,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price159.3
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA1GI
Data provided by

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