Fact sheet: TB Doherty Distribution

Fund information
Fund name
TB Doherty Distribution B Inc
Fund manager company
Doherty Pn&Inv Consultancy Ltd
Fund type
OEIC
Fund manager
  • Gavin Curransince 15/02/2016
Fund objective
The aim of the Fund is to provide a sustainable level of income and the prospect of capital growth over the long term.
Benchmark
  • UK Inflation
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
9.5%
1 Year rank in sector
175/206
Sector
UT Mixed Investment 20%-60% Shares
Yield
2.9%
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.
2.45%
Fund size
£6m (£2m last year)
Mid price
110.24
Top in this sector
Fund name1 Year
S&W The Magpie31.7%
S&W Wessex22.8%
Artemis Monthly Distribution20.4%
SVS TPI Balanced 220.4%
AXA Global Distribution20.1%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK51.2%
    USA12.4%
    International5.7%
    North America4.7%
    Money Market3.5%
  • Industrials11%
    Financials10.7%
    High Yield Bond8.6%
    Investment Grade Corporate Bonds6%
    Government Bonds6%
  • UK Fixed Interest28.7%
    UK Equities17.6%
    US Fixed Interest9.3%
    Global Corporate Fixed Interest5.3%
    Money Market3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%2.4%1.9%9.5%--
Sector0.5%3%3.8%12.4%19.6%35.8%
Rank within sector121 / 214144 / 212183 / 210175 / 206--
Quartile3rd3rd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.9%----
Sector2.5%10.3%1.2%5%9%
Rank within sector159 / 212----
Quartile3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high110.54
52 week low103.61
Current bid price-
Current offer price-
Current mid price110.24
Region
1UK51.16%
2USA12.4%
3International5.65%
4North America4.73%
5Money Market3.47%
6Europe3.31%
7France2.51%
8Germany1.98%
9Netherlands1.83%
Industry sector
1Industrials11.01%
2Financials10.74%
3High Yield Bond8.59%
4Investment Grade Corporate Bonds5.99%
5Government Bonds5.99%
6Telecommunications4.91%
7Consumer Goods4.59%
8Banks4.28%
9Health Care3.78%
Asset type
1UK Fixed Interest28.7%
2UK Equities17.55%
3US Fixed Interest9.34%
4Global Corporate Fixed Interest5.26%
5Money Market3.47%
6European Fixed Interest3.14%
7North American Fixed Interest3.12%
8Equities2.46%
9French Fixed Interest2.24%
Individual holdings
1JUPITER STRATEGIC BOND I INC8.53%
2ROYAL LONDON SHORT DURATION GLOBAL HIGH YIELD BOND M INC7.61%
3HENDERSON PREFERENCE & BOND I INC7.41%
4ARTEMIS HIGH INCOME I INC6.82%
5FIDELITY ENHANCED INCOME Y INC6.18%
6AXA FRAMLINGTON MONTHLY INCOME Z INC6.08%
7SCHRODER HIGH YIELD OPPORTUNITIES Z INC5.84%
8BAILLIE GIFFORD HIGH YIELD BOND B INC5.82%
9INVESTEC MONTHLY HIGH INCOME I INC-2 GBP5.55%
Management
Fund manager group
Doherty Pn&Inv Consultancy
Fund manager company
Doherty Pn&Inv Consultancy Ltd
Fund type
OEIC
Fund objective
The aim of the Fund is to provide a sustainable level of income and the prospect of capital growth over the long term.
Benchmark
  • UK Inflation
Investment style
Balanced
Investment method
None
Fund manager
NameSinceBiography
Gavin Curran15/02/2016Gavin has worked in the investment management business for almost twelve years. This has involved every aspect of investment management from currency trading to stock broking and latterly fund management. In his current role Gavin created Doherty PIC Ltd ABC Fund of Funds Portfolios in January 2004 and has managed these portfolios on an advisory basis from launch. During his 5 year tenure of the ABC portfolios Gavin has delivered outperformance during periods of both rising and falling markets.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
TB Doherty Distribution B Acc
Initial charge5%
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price113.49
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMXES
TB Doherty Distribution B Inc
Initial charge5%
Annual charge0.75%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.24
CurrencyGBX
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMXEU
Data provided by

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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.