Fact sheet: TM Fulcrum Dvfd Absl Ret

Fund information
Fund name
TM Fulcrum Diversified Absolute Return C Acc GBP
Fund manager company
TM Fulcrum Asset Management
Fund type
OEIC
Fund manager
  • Thesis Unit Trust Mgmt Ltdsince 26/03/2012
Fund objective
TM Fulcrum Diversified Absolute Return Fund aims to achieve long-term absolute returns of inflation + 3% to 5% in all market conditions over rolling five year annualised periods, with lower volatility than equity markets. In doing so the Fund aims to achieve a positive return on a rolling three year basis. However, a positive return is not guaranteed and a capital loss may occur. Investors should be aware that the investors’ capital is, in fact at risk, and there is no guarantee that these returns will be achieved, whether over rolling five year periods, or any time period.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Cautious
Investment method
None
Quick stats
1 Year return
-0.1%
1 Year rank in sector
54/71
Sector
UT Targeted Absolute Return
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.
1.26%
Fund size
£965m (£572m 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.
33
Mid price
11642
Top in this sector
Fund name1 Year
Schroder UKDynAbsRet15.8%
VT iFunds Absolute Rtn Orange13.6%
7IM Unconstrained12.6%
S&W Saltus Wealth12.1%
CF Ruffer Absolute Return11%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Global Fixed Interest55.8%
    International Equities25.4%
    Alternative Investment Strategies17.7%
    Commodity & Energy1.1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-1%0.6%-0.1%4.4%18.6%
Sector-0.3%0.6%0.9%2.5%6.6%16.1%
Rank within sector72 / 7764 / 7745 / 7454 / 7140 / 5623 / 47
Quartile4th4th3rd4th3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0.9%-0.5%1.5%2%12.5%
Sector0.8%1%2.2%2.5%6.5%
Rank within sector64 / 7747 / 7036 / 6439 / 5513 / 50
Quartile4th3rd3rd3rd2nd
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.
-2.05
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.
1.63
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
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%.
4.3
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.
3.42
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.
-0.22
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.
0.43
Price movement
52 week high11904
52 week low11293
Current bid price-
Current offer price-
Current mid price11642
Region
No data available.
Industry sector
No data available.
Asset type
1Global Fixed Interest55.8%
2International Equities25.4%
3Alternative Investment Strategies17.7%
4Commodity & Energy1.1%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
TM Fulcrum Asset Management
Fund type
OEIC
Fund objective
TM Fulcrum Diversified Absolute Return Fund aims to achieve long-term absolute returns of inflation + 3% to 5% in all market conditions over rolling five year annualised periods, with lower volatility than equity markets. In doing so the Fund aims to achieve a positive return on a rolling three year basis. However, a positive return is not guaranteed and a capital loss may occur. Investors should be aware that the investors’ capital is, in fact at risk, and there is no guarantee that these returns will be achieved, whether over rolling five year periods, or any time period.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Cautious
Investment method
None
Fund manager
NameSinceBiography
Thesis Unit Trust Mgmt Ltd26/03/2012
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Germany, United Kingdom
TM Fulcrum Diversified Absolute Return A Acc GBP
Initial charge5%
Annual charge1%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11509
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0QV7
TM Fulcrum Diversified Absolute Return A EUR
Initial charge5%
Annual charge1%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9558.9
CurrencyEUX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0QV8
TM Fulcrum Diversified Absolute Return A USD
Initial charge5%
Annual charge1%
Min single investment£500,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10129
CurrencyUSX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0QV9
TM Fulcrum Diversified Absolute Return B Inc EUR
Initial charge5%
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.96%
Bid price-
Offer price-
Mid price9683.4
CurrencyEUX
Price updated20/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMSKJ
TM Fulcrum Diversified Absolute Return C Acc AUD
Initial charge5%
Annual charge0.8%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12617
CurrencyAUX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGZPZ
TM Fulcrum Diversified Absolute Return C Acc EUR
Initial charge5%
Annual charge0.8%
Min single investment£5,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9831.4
CurrencyEUX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0QVK
TM Fulcrum Diversified Absolute Return C Acc GBP
Initial charge5%
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.26%
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price11642
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0QVJ
TM Fulcrum Diversified Absolute Return C Acc USD
Initial charge5%
Annual charge0.8%
Min single investment£5,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9821.8
CurrencyUSX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0QVL
TM Fulcrum Diversified Absolute Return C Inc EUR
Initial charge5%
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.26%
Bid price-
Offer price-
Mid price9799.7
CurrencyEUX
Price updated20/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code0QVG
TM Fulcrum Diversified Absolute Return D Acc GBP
Initial charge5%
Annual charge-
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9669.5
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0QVN
Data provided by

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