Fact sheet: TB Wise Income

Fund information
Fund name
TB Wise Income B Inc
Fund manager company
Wise Investments
Fund type
OEIC
Fund manager
  • Tony Yarrowsince 30/09/2005
Accolades
Fund objective
One-stop shop for investors looking for an attractive level of income from a wide variety of assets. Aims to provide a starting income comparable to a good building society account and income and capital growth over time. Quarterly dividend distribution. Portfolio of 30 40 funds, investment trusts, shares and fixed income securities. Focus on high-quality assets in out-of- favour areas. Low portfolio turnover.
Benchmark
  • IA Flexible Sector
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
22.4%
1 Year rank in sector
10/223
Sector
UT Flexible Investment
Yield
5.1%
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.
0.99%
Fund size
£66m (£53m 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.
61
Mid price
118.39
Top in this sector
Fund name1 Year
M&G Managed Growth31.6%
CF IM Global Strategy25.2%
Margetts Venture Strategy23.7%
Invesco Perp Managed Growth23.3%
Architas Birthstar TD 2036 4023.2%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • International Equities86.4%
    Property8.9%
    Money Market3.3%
    Global Fixed Interest1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.6%4.2%14.9%22.4%33.8%92.7%
Sector-0.2%0.7%8.7%10.1%19.4%45.9%
Rank within sector9 / 25224 / 24631 / 24610 / 22312 / 1863 / 158
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund21.4%2.5%5.4%25.3%19.3%
Sector9.9%2%4.9%14.1%9.7%
Rank within sector8 / 23296 / 209103 / 1889 / 1774 / 160
Quartile1st2nd3rd1st1st
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.
4.41
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.
0.81
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.
0.74
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%.
8.02
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.
5.22
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.
0.6
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.
0.6
Price movement
52 week high118.93
52 week low95.32
Current bid price-
Current offer price-
Current mid price118.39
Region
No data available.
Industry sector
No data available.
Asset type
1International Equities86.4%
2Property8.9%
3Money Market3.3%
4Global Fixed Interest1.4%
Individual holdings
1PRINCESS PRIVATE EQUITY HOLDINGS8.97%
2PICTON PROPERTY INCOME LTD ORD5.97%
3LEGAL & GENERAL GROUP4.18%
4MIDDLEFIELD CANADIAN INCOME TRUST I4.14%
5KIER GROUP3.3%
6BLACKROCK WORLD MINING IT3.06%
7BOOT(HENRY)3%
8POLAR CAPITAL HLDGS PLC2.79%
9SAINSBURY(J)2.74%
Management
Fund manager group
Wise Investments
Fund manager company
Wise Investments
Fund type
OEIC
Fund objective
One-stop shop for investors looking for an attractive level of income from a wide variety of assets. Aims to provide a starting income comparable to a good building society account and income and capital growth over time. Quarterly dividend distribution. Portfolio of 30 40 funds, investment trusts, shares and fixed income securities. Focus on high-quality assets in out-of- favour areas. Low portfolio turnover.
Benchmark
  • IA Flexible Sector
Investment style
Aggressive
Investment method
None
Fund manager
NameSinceBiography
Tony Yarrow30/09/2005Tony established Wise Investment in 1992 to help private individuals manage their investments and financial affairs. He specialises in managing investment portfolios and runs our TB Wise Investment and TB Wise Income funds.Tony graduated from Cambridge in 1974. He has been a financial adviser since 1984 and fund manager since 1989. His 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 Wise Income A Acc
Initial charge4%
Annual charge1.44%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.58%
Total expense ratio (TER)2.11%
Bid price-
Offer price-
Mid price200.16
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTK92
TB Wise Income A Inc
Initial charge4%
Annual charge1.44%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.58%
Total expense ratio (TER)2.11%
Bid price-
Offer price-
Mid price110.55
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTJ88
TB Wise Income B Acc
Initial charge-
Annual charge0.79%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.99%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price214.97
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTK35
TB Wise Income B Inc
Initial charge-
Annual charge0.79%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.99%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price118.39
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTJ63
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.