Fact sheet: The Bnkrs IT

Fund information
Fund name
The Bankers Investment Trust Ord
Fund manager company
Henderson Global Investors Ltd
Fund type
Investment Trust
Fund managers
  • Alex Crookesince 31/05/2003
Accolades
Fund objective
The Bankers Investment Trust seeks to maximise returns for shareholders through a broadly diversified international portfolio. The trust aims to deliver capital growth in excess of the FTSE All-Share Index, and regular dividend growth that exceeds the rise in the Retail Prices Index (RPI).
Benchmark
  • FTSE All Share TR
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
42.7%
1 Year rank in sector
8/24
Sector
IT Global
Yield
2.3%
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.
0.44%
Fund size
£0m
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.
103
Mid price
753.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
784.4
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-3.35
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
104
Top in this sector
Fund name1 Year
JPM Gbl Grw&Inc plc62.7%
Lindsell Train IT plc62.4%
Monks IT PLC59.5%
British Empire Trust plc58%
Sct Mtg IT PLC48.9%
...more in IT Global

Performance snapshot

Holdings snapshot

  • UK30.1%
    North America27.9%
    Europe14.4%
    Asia Pacific13.2%
    Japan11.5%
  • Financials22.9%
    Consumer Goods18.1%
    Industrials16.3%
    Consumer Services15.2%
    Technology9.3%
  • UK Equities30.1%
    North American Equities27.9%
    European Equities14.4%
    Asia Pacific Equities13.2%
    Japanese Equities11.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund7.4%12.3%16.8%42.7%42%110.4%
Sector2.6%9.6%13.7%39.8%44.8%83.8%
Rank within sector1 / 248 / 247 / 248 / 2417 / 247 / 24
Quartile1st2nd2nd2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund8.6%14%10.7%2.8%28.8%
Sector5%21.1%6.8%7.4%21%
Rank within sector5 / 2416 / 249 / 2423 / 249 / 24
Quartile1st3rd2nd4th2nd
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.
-3.61
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.
1.21
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.
0.67
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%.
10.89
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.
4.39
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.
-0.32
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.
0.86
Price movement
52 week high762
52 week low538.5
Current bid price756
Current offer price758.5
Current mid price753.5
Region
1UK30.1%
2North America27.9%
3Europe14.4%
4Asia Pacific13.2%
5Japan11.5%
6Global Emerging Markets2.9%
Industry sector
1Financials22.95%
2Consumer Goods18.06%
3Industrials16.3%
4Consumer Services15.21%
5Technology9.34%
6Health Care7.25%
7Oil & Gas5.16%
8Telecommunications4.14%
9Basic Materials1.66%
Asset type
1UK Equities30.1%
2North American Equities27.9%
3European Equities14.4%
4Asia Pacific Equities13.2%
5Japanese Equities11.5%
6Global Emerging Market Equities2.9%
Individual holdings
1BP2.6%
2BRITISH AMERICAN TOBACCO1.7%
3APPLE INC1.4%
4COMCAST CORP(NEW)1.4%
5DELPHI AUTOMOTIVE PLC1.4%
6ROYAL DUTCH SHELL1.4%
7AMERICAN TOWER CORP1.3%
8ALPHABET INC1.2%
9AMERICAN EXPRESS CO1.2%
Management
Fund manager group
Henderson Global Investors
Fund manager company
Henderson Global Investors Ltd
Fund type
Investment Trust
Fund objective
The Bankers Investment Trust seeks to maximise returns for shareholders through a broadly diversified international portfolio. The trust aims to deliver capital growth in excess of the FTSE All-Share Index, and regular dividend growth that exceeds the rise in the Retail Prices Index (RPI).
Benchmark
  • FTSE All Share TR
Investment style
Active
Investment method
Shares
Fund managers
NameSinceBiography
Alex Crooke31/05/2003Alex Crooke has a degree in Physics with Astrophysics from Manchester University. He began his professional career in 1990 at Equitable Life Assurance Society as an Investment Analyst initially covering US equities, moving to UK equities after two years. In 1994, he joined Henderson Global Investors as UK portfolio manager of Witan Investment Trust in addition to managing various unit trusts. He took over the management of Henderson High Income Investment Trust in 1996 and, in 2001, became the manager of The Bankers Investment Trust.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
The Bankers Investment Trust 8% Deb Stk 2023
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price129
Offer price133.75
Mid price131.375
CurrencyGBP
Price updated20/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGTCS
The Bankers Investment Trust NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price785.4
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTU12
The Bankers Investment Trust Ord
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price784.4
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJET
Data provided by

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