Fact sheet: TB Elite Strategic

Fund information
Fund name
TB Elite Strategic B Acc
Fund manager company
T. Bailey Fund Srvs Ltd (ACD)
Fund type
OEIC
Fund manager
  • David Stephensonsince 30/03/2004
Fund objective
To provide capital growth over the medium to long term in excess of deposit account returns and inflation (based on the Consumer Prices Index (CPI) or such other preferred measure used by the Bank of England to track inflation).
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
5.5%
1 Year rank in sector
182/224
Sector
UT Flexible Investment
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.
2.04%
Fund size
£19m (£19m 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.
79
Mid price
242.35
Top in this sector
Fund name1 Year
M&G Managed Growth27.1%
Margetts Venture Strategy23.7%
MGTS Frontier Adventurs21.7%
CF IM Global Strategy21.5%
The Divsftion ICVC21.1%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • UK27.9%
    Not Specified22.8%
    International20.7%
    Europe13.9%
    North America5.7%
  • No data available.
  • UK Equities20.3%
    Others19.9%
    European Equities13.9%
    International Equities13.1%
    Hedge8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%2.3%6.8%5.5%19.3%59.9%
Sector-1.5%1.4%9.8%9.8%18.3%48%
Rank within sector92 / 25370 / 247191 / 247182 / 22498 / 18746 / 159
Quartile2nd2nd4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund5.6%7.3%4%21.1%10.4%
Sector10.1%2%4.9%14.1%9.7%
Rank within sector193 / 2338 / 210139 / 18932 / 17874 / 161
Quartile4th1st3rd1st2nd
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.
-0.21
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.
1.04
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.
0.34
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%.
8.91
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.
4.01
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.
-0.01
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.
0.8
Price movement
52 week high249.01
52 week low200.35
Current bid price-
Current offer price-
Current mid price242.35
Region
1UK27.87%
2Not Specified22.79%
3International20.7%
4Europe13.9%
5North America5.71%
6Japan3.94%
7Far East ex Japan2.41%
8Money Market1.99%
9Global Emerging Markets0.69%
Industry sector
No data available.
Asset type
1UK Equities20.32%
2Others19.85%
3European Equities13.9%
4International Equities13.05%
5Hedge7.95%
6Global Fixed Interest7.65%
7North American Equities5.71%
8Japanese Equities3.94%
9UK Small Cap Companies2.58%
Individual holdings
1M&G GLOBAL DIVIDEND I ACC GBP6.79%
2LIONTRUST SPECIAL SITUATIONS I INC6.77%
3JUPITER INTERNATIONAL FINANCIALS I ACC5.76%
4STANDARD LIFE INVESTMENTS UK SMALLER COMPANIES INST5.23%
5JPM EUROPE DYNAMIC EX UK C ACC4.88%
6BLACKROCK EUROPEAN DYNAMIC D ACC4.51%
7LEGG MASON IF JAPAN EQUITY X4.27%
8SCHRODER EUROPEAN ALPHA INCOME Z INC4.23%
9M&G EMERGING MARKETS BOND I ACC GBP4.07%
Management
Fund manager group
T. Bailey
Fund manager company
T. Bailey Fund Srvs Ltd (ACD)
Fund type
OEIC
Fund objective
To provide capital growth over the medium to long term in excess of deposit account returns and inflation (based on the Consumer Prices Index (CPI) or such other preferred measure used by the Bank of England to track inflation).
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
None
Fund manager
NameSinceBiography
David Stephenson30/03/2004Head of our Berkshire office, David specialises in managing investment portfolios and runs our TB Wise Strategic fund. David’s business, Ager Financial, merged with Wise in 2004. David is a former Merchant Navy Navigating Officer who has been a financial adviser and fund manager since 1986. The Ager Financial Managed Fund, which he has managed for the last 24 years, is the top-performing life managed fund since its launch on 29 May 1985*. David’s qualifications include the Financial Planning Certificate and the Investment Management Certificate.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
TB Elite Strategic A Acc
Initial charge-
Annual charge1.44%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)2.69%
Total expense ratio (TER)3%
Bid price-
Offer price-
Mid price223.39
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOM87
TB Elite Strategic B Acc
Initial charge-
Annual charge0.79%
Min single investment£1,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2.23%
Bid price-
Offer price-
Mid price242.35
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOM88
Data provided by

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