Fact sheet: The Enterprise Trust

Fund information
Fund name
The Enterprise Trust
Fund manager company
S&W Fund Administration Ltd
Fund type
Unit Trust
Fund manager
  • Close Asset Management Limitedsince 06/07/1999
Fund objective
To enhance total return and provide long-term growth. Whilst income is of secondary importance, there will be semi-annual distributions.
  • FTSE World
Investment style
Investment method
Quick stats
1 Year return
1 Year rank in sector
UT Flexible Investment
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.
Fund size
£7m (£7m 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.
Bid price
Offer price
Top in this sector
Fund name1 Year
M&G Managed Growth34.6%
TB Wise Income30.4%
CF Miton Worldwide Opps29.8%
TB Wise Investment29.5%
Smith & Williamson MM GblInvest29.4%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector242 / 255215 / 25298 / 243165 / 242100 / 191122 / 162
Calendar performance
 YTD - 20172016201520142013
Rank within sector119 / 243152 / 23019 / 208177 / 186139 / 176
Risk statistics
?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 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.
?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 (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.
?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 high202.6
52 week low171.1
Current bid price197.4
Current offer price197.4
Current mid price-
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Fund manager group
S&W Fund Administration
Fund manager company
S&W Fund Administration Ltd
Fund type
Unit Trust
Fund objective
To enhance total return and provide long-term growth. Whilst income is of secondary importance, there will be semi-annual distributions.
  • FTSE World
Investment style
Investment method
Fund manager
Close Asset Management Limited06/07/1999
IA Recognised, Non UCITS Retail Scheme
No data available.
Fund for sale in
United Kingdom
The Enterprise Trust
Initial charge-
Annual charge0.92%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.25%
Total expense ratio (TER)1.31%
Bid price197.4
Offer price197.4
Mid price-
Price updated18/04/2017
Institutional or retail classInstitutional
Citi codeKW19
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.