Fact sheet: TB Wise Investment

Fund information
Fund name
TB Wise Investment B Acc
Fund manager company
Wise Investments
Fund type
OEIC
Fund manager
  • Tony Yarrowsince 30/03/2004
Fund objective
Aims to provide returns that beat the UK market and a good building society account over the medium and long-term (3 5 years plus).Portfolio of c.40 funds and investment trusts. Focus on high-quality funds and investment trusts investing in out-of- favour areas. Preference for fund managers with a disciplined, easy-to-understand investment process. Low portfolio turnover.
Benchmark
  • IA Flexible Sector
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
20.3%
1 Year rank in sector
9/224
Sector
UT Flexible Investment
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.
1.28%
Fund size
£45m (£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.
56
Mid price
264.29
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

  • Not Specified41.4%
    International22%
    UK18.1%
    Asia5.9%
    Japan5.7%
  • No data available.
  • Private Equity25.9%
    International Equities22%
    Others9.2%
    UK Small Cap Companies9%
    UK Equities6.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%4.6%16.2%20.3%20.4%71.2%
Sector-1.5%1.4%9.8%9.8%18.3%48%
Rank within sector74 / 25314 / 24719 / 2479 / 22486 / 18720 / 159
Quartile2nd1st1st1st2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund20%-0.8%1.1%22.8%18.5%
Sector10.1%2%4.9%14.1%9.7%
Rank within sector7 / 233188 / 210176 / 18919 / 1785 / 161
Quartile1st4th4th1st1st
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.
1.1
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.
0.86
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.
0.4
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%.
8.19
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.
4.94
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.
0.03
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.
0.65
Price movement
52 week high267.97
52 week low202.8
Current bid price-
Current offer price-
Current mid price264.29
Region
1Not Specified41.4%
2International22%
3UK18.1%
4Asia5.9%
5Japan5.7%
6Money Market4.1%
7USA1.9%
8Europe0.9%
Industry sector
No data available.
Asset type
1Private Equity25.9%
2International Equities22%
3Others9.2%
4UK Small Cap Companies9%
5UK Equities6.7%
6Asia Pacific Equities5.9%
7Japanese Equities5.7%
8Other International Equities4.3%
9Money Market4.1%
Individual holdings
1CALEDONIA INVESTMENTS PLC ORD9.41%
2HGCAPITAL TRUST PLC ORD9.05%
3BRITISH EMPIRE TRUST PLC ORD7.61%
4ICG ENTERPRISE TRUST PLC ORD 10P6.77%
5HERALD INVESTMENT TRUST PLC4.65%
6IMPAX ENVIRONMENTAL MARKETS ORD 10P4.32%
7TB TB AMATI UK SMALLER COMPANIES B ACC3.93%
8PRINCESS PRIVATE EQUITY HOLDINGS3.08%
9ABERDEEN ASIAN SMALLER COMPANIES INVESTMENT TRUST PLC ORD3.03%
Management
Fund manager group
Wise Investments
Fund manager company
Wise Investments
Fund type
OEIC
Fund objective
Aims to provide returns that beat the UK market and a good building society account over the medium and long-term (3 5 years plus).Portfolio of c.40 funds and investment trusts. Focus on high-quality funds and investment trusts investing in out-of- favour areas. Preference for fund managers with a disciplined, easy-to-understand investment process. Low portfolio turnover.
Benchmark
  • IA Flexible Sector
Investment style
Aggressive
Investment method
None
Fund manager
NameSinceBiography
Tony Yarrow30/03/2004Tony 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 Investment A Acc
Initial charge4%
Annual charge1.44%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.93%
Total expense ratio (TER)2.14%
Bid price-
Offer price-
Mid price243.5
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOM89
TB Wise Investment B Acc
Initial charge-
Annual charge0.79%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.48%
Bid price-
Offer price-
Mid price264.29
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOM90
Data provided by

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