Fact sheet: The Cheviot

Fund information
Fund name
The Cheviot Acc
Fund manager company
S&W Fund Administration Ltd
Fund type
OEIC
Fund manager
No data available.
Fund objective
The Company will be invested with the aim of achieving the investment objective of the Company but subject to the limits on investment set out in the FCA Regulations and the Company's investment policy. Generally, the Company will invest in the investments to which it is dedicated including approved securities which are transferable securities admitted to or dealt on a regulated market or in a market in an EEA State which is regulated, operates regularly and is open to the public, units in collective investment schemes, money market instruments, derivatives and forward transactions and deposits. The investment objective and policy of the Company are subject to the limits on investment under chapter 5 of the FCA Regulations applicable to UCITS schemes, which are summarised below. The ACD must ensure that, taking account of the investment objective and the investment policy of the Company, the Company's investments provide a prudent spread of risk.
Benchmark
  • S&W 2Cash,12BStgGlt,8BGblAgCrHGBP,23MSCIUK,36.5MSCIWxUK,10.5MSCIEM,4BbgC,4UKIPD
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
12.7%
1 Year rank in sector
91/223
Sector
UT Flexible Investment
Yield
0.3%
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.
1.65%
Fund size
£20m (£18m 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.
77
Mid price
114.6
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

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%1.3%12.5%12.7%--
Sector-0.2%0.7%8.7%10.1%19.4%45.9%
Rank within sector220 / 252109 / 24666 / 24691 / 223--
Quartile4th2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund12.7%----
Sector9.9%2%4.9%14.1%9.7%
Rank within sector95 / 232----
Quartile2nd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high116.7
52 week low93.83
Current bid price-
Current offer price-
Current mid price114.6
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
S&W Fund Administration
Fund manager company
S&W Fund Administration Ltd
Fund type
OEIC
Fund objective
The Company will be invested with the aim of achieving the investment objective of the Company but subject to the limits on investment set out in the FCA Regulations and the Company's investment policy. Generally, the Company will invest in the investments to which it is dedicated including approved securities which are transferable securities admitted to or dealt on a regulated market or in a market in an EEA State which is regulated, operates regularly and is open to the public, units in collective investment schemes, money market instruments, derivatives and forward transactions and deposits. The investment objective and policy of the Company are subject to the limits on investment under chapter 5 of the FCA Regulations applicable to UCITS schemes, which are summarised below. The ACD must ensure that, taking account of the investment objective and the investment policy of the Company, the Company's investments provide a prudent spread of risk.
Benchmark
  • S&W 2Cash,12BStgGlt,8BGblAgCrHGBP,23MSCIUK,36.5MSCIWxUK,10.5MSCIEM,4BbgC,4UKIPD
Investment style
Flexible
Investment method
None
Fund manager
No data available.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
The Cheviot Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price114.6
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMCHE
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.