Fact sheet: The Inc Tst for Chrt

Fund information
Fund name
The Income Trust For Charities S Inc
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund managers
  • Alex Smittensince 01/12/2000
Fund objective
The Income Trust for Charities aims to provide a high and secure level of income through predominantly investing in United Kingdom Government and other fixed interest securities, or derivatives thereof. The Trust may invest up to 20 per cent. of its net asset value on a currency hedged basis in bonds denominated in currencies other than sterling. The target for the Trust is a total return ahead of the FTSE Government All Stocks Index over rolling five-year periods.
Benchmark
  • FTSE Government All Stocks Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8.3%
1 Year rank in sector
27/81
Sector
UT Sterling Strategic Bond
Yield
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.
0.49%
Fund size
£45m (£54m last year)
Bid price
67.92
Offer price
68.18
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc15.4%
Fidelity UK Inv Grd Lg Cr14%
AXA Framlington Mgd Inc12.6%
Insight Infln Link Corp Bd12.5%
Fidelity I Stg Cr + Bd12.1%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK88.2%
    Guernsey3.9%
    USA3.2%
    Norway2.1%
    Bermuda1.9%
  • Government Bonds57.4%
    Financials13.7%
    Asset/Mortgage-Backed Securities11.5%
    Mortgage & Secured Bonds10%
    Local Government Bonds3.9%
  • UK Fixed Interest92.1%
    US Fixed Interest3.2%
    Norwegian Fixed Interest2.1%
    American Emerging Fixed Interest1.9%
    French Fixed Interest0.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%2.2%-2.3%8.3%23.7%32.7%
Sector0%1.9%0.1%7.4%13.5%29.3%
Rank within sector19 / 8528 / 8571 / 8427 / 81--
Quartile1st2nd4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.4%----
Sector1.6%7.3%-0.3%6.8%2.6%
Rank within sector53 / 85----
Quartile3rd
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.
4.71
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.
0.38
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.
0.57
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%.
6.65
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.
7.21
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.
0.11
Price movement
52 week high71.35
52 week low63.46
Current bid price67.92
Current offer price68.18
Current mid price-
Region
1UK88.2%
2Guernsey3.87%
3USA3.17%
4Norway2.11%
5Bermuda1.93%
6France0.41%
7Money Market0.33%
8Not Specified-0.02%
Industry sector
1Government Bonds57.38%
2Financials13.71%
3Asset/Mortgage-Backed Securities11.51%
4Mortgage & Secured Bonds10%
5Local Government Bonds3.87%
6Government Agency Bonds2.51%
7Industrials0.69%
8Money Market0.33%
9Derivatives-0.02%
Asset type
1UK Fixed Interest92.07%
2US Fixed Interest3.17%
3Norwegian Fixed Interest2.11%
4American Emerging Fixed Interest1.93%
5French Fixed Interest0.41%
6Money Market0.33%
7Global Fixed Interest-0.02%
Individual holdings
1TREASURY 4.75% GILT 07/12/38 GBP11.09%
2TREASURY 4.25% GILT 07/12/55 GBP0.0110.29%
3TREASURY 4.25% GILT 07/03/36 GBP0.019.38%
4TREASURY 4.25% GILT 07/12/407.95%
5TREASURY X% GILT 22/07/22 GBP1 WI7.16%
6TREASURY 0.125% IDX GILT 22/03/24 GBP0.015.08%
7GUERNSEY (STATES OF) 3.375% NTS 12/12/46 GBP1000003.87%
8TREASURY 4.25% GILT 7/12/463.4%
9SANTANDER UK PLC 5.75% COV BDS 02/03/27 GBP1000003.09%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund objective
The Income Trust for Charities aims to provide a high and secure level of income through predominantly investing in United Kingdom Government and other fixed interest securities, or derivatives thereof. The Trust may invest up to 20 per cent. of its net asset value on a currency hedged basis in bonds denominated in currencies other than sterling. The target for the Trust is a total return ahead of the FTSE Government All Stocks Index over rolling five-year periods.
Benchmark
  • FTSE Government All Stocks Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Alex Smitten01/12/2000
Compliance
IA Recognised, UCIS
Domicile
No data available.
Fund for sale in
United Kingdom
The Income Trust For Charities A Acc
Initial charge-
Annual charge0.3%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.4%
Total expense ratio (TER)-
Bid price76.72
Offer price77.01
Mid price-
CurrencyGBX
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM3WT
The Income Trust For Charities A Inc
Initial charge-
Annual charge0.3%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.4%
Total expense ratio (TER)0.6%
Bid price67.4
Offer price67.66
Mid price-
CurrencyGBX
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCB15
The Income Trust For Charities S Acc
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKUGD
The Income Trust For Charities S Inc
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)-
Bid price67.92
Offer price68.18
Mid price-
CurrencyGBX
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKUGC
Data provided by

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