Fact sheet: The NthAmrcn InTstplc

Fund information
Fund name
The North American Income Trust plc Ord 25p
Fund manager company
Aberdeen Fund Managers Ltd
Fund type
Investment Trust
Fund manager
  • North American Equity Teamsince 01/01/1970
Accolades
 Highly Commended - North America
Fund objective
To provide investors with above average dividend income and long term capital growth through active management of a portfolio consisting predominantly of S&P 500 US equities. Dividends - paid semi-annually in first year; quarterly thereafter.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
50.5%
1 Year rank in sector
1/6
Sector
IT North America Equities
Yield
2.9%
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.
1.03%
Fund size
£339m
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.
102
Mid price
1185
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.
1273.3
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.
-9.13
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.
113
Top in this sector
Fund name1 Year
The NthAmrcn InTstplc50.5%
Middlefield Cndn Inc Tst47.5%
Blkrk Nth Amr Inc Tst47.4%
JP Morgan American IT plc29.8%
Gabelli Value Plus Trust PLC27.9%
...more in IT North America Equities

Performance snapshot

Holdings snapshot

  • USA89.6%
    Canada10.2%
    UK0.2%
    Not Specified0%
  • Financials21.3%
    Consumer Staples16.5%
    Industrials14.6%
    Information Technology11.9%
    Materials10.4%
  • US Equities94.1%
    Canadian Equities10.2%
    US Corporate Fixed Interest4.6%
    Options-0.1%
    Cash & Cash Equivalents-8.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund8.6%14.1%30.6%50.5%55.6%124.6%
Sector4%8.6%26.1%34.8%36.2%77.6%
Rank within sector2 / 62 / 63 / 61 / 62 / 52 / 4
Quartile2nd2nd2nd1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund47.5%-1.9%7.3%28.1%7.9%
Sector35%-7.7%8.6%18%8.1%
Rank within sector1 / 62 / 53 / 52 / 51 / 4
Quartile1st2nd3rd2nd1st
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.
5.07
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.
0.9
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.
0.91
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%.
12.64
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.
6.8
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.
0.56
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.
0.71
Price movement
52 week high1192
52 week low766
Current bid price1185
Current offer price1192
Current mid price1185
Region
1USA89.58%
2Canada10.24%
3UK0.18%
4Not Specified0%
Industry sector
1Financials21.34%
2Consumer Staples16.47%
3Industrials14.59%
4Information Technology11.85%
5Materials10.45%
6Energy9.36%
7Health Care7.37%
8Consumer Discretionary6.18%
9Telecommunications Utilities5.78%
Asset type
1US Equities94.12%
2Canadian Equities10.22%
3US Corporate Fixed Interest4.55%
4Options-0.07%
5Cash & Cash Equivalents-8.82%
Individual holdings
1CME GROUP INC3.9%
2DOW CHEMICAL CO3.9%
3PFIZER INC3.8%
4BB&T CORP3.4%
5CHEVRON CORP3.3%
6MICROSOFT CORP3.2%
7ROCKWELL AUTOMATION INC3.2%
8VERIZON COMMUNICATIONS INC3%
9JOHNSON & JOHNSON2.7%
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Fund Managers Ltd
Fund type
Investment Trust
Fund objective
To provide investors with above average dividend income and long term capital growth through active management of a portfolio consisting predominantly of S&P 500 US equities. Dividends - paid semi-annually in first year; quarterly thereafter.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
North American Equity Team01/01/1970
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
The North American Income Trust plc Ord 25p
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 price1301.92
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJDZ
The North American Income Trust plc Ord 25p NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.03%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1282.82
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDU67
Data provided by

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