Fact sheet: Thesis Abaco

Fund information
Fund name
Thesis Abaco Inc
Fund manager company
Thesis Unit Trust Mgmt Ltd
Fund type
OEIC
Fund manager
No data available.
Fund objective
The investment objective of the Company (also referred to as the Fund) is to provide capital growth from a diversified portfolio, mainly of equities, spread across global markets. The assets in which the Company invests are principally securities and shares in collective investment schemes, but the Company may also invest in bonds, money market instruments, deposits and cash or near cash investments. No emphasis is placed on any particular economic, industrial or geographical sector.
Benchmark
  • WM Private Client Growth Index
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
8.3%
1 Year rank in sector
143/224
Sector
UT Flexible Investment
Yield
0.2%
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.
2.23%
Fund size
£47m (£44m 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.
58
Mid price
204.4
Top in this sector
Fund name1 Year
M&G Managed Growth27.1%
Margetts Venture Strategy23.7%
MGTS Frontier Adventurs21.7%
CF IM Global Strategy21.5%
The Divsftion ICVC21.1%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • International65.8%
    UK30.8%
    Money Market3.5%
    Not Specified-0.1%
  • Unit Trusts96.5%
    Net Current Assets3.5%
  • Others96.5%
    Money Market3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%2%9.7%8.3%19.5%40.3%
Sector-1.5%1.4%9.8%9.8%18.3%48%
Rank within sector55 / 25373 / 247123 / 247143 / 22494 / 187118 / 159
Quartile1st2nd2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund9%2.7%6.7%8.7%8.4%
Sector10.1%2%4.9%14.1%9.7%
Rank within sector147 / 23393 / 21056 / 189146 / 17897 / 161
Quartile3rd2nd2nd4th3rd
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.
-1.27
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.
1.26
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.
0.37
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%.
7.54
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.
2.59
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.
0.08
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.
0.92
Price movement
52 week high208
52 week low173.7
Current bid price-
Current offer price-
Current mid price204.4
Region
1International65.78%
2UK30.8%
3Money Market3.54%
4Not Specified-0.12%
Industry sector
1Unit Trusts96.46%
2Net Current Assets3.54%
Asset type
1Others96.46%
2Money Market3.54%
Individual holdings
1ISHARES PLC ISHARES MSCI WORLD UCITS ETF USD DIST6.38%
2ISHARES PLC ISHARES MSCI WORLD UCITS ETF USD DIST6.38%
3CANTILLON GLOBAL EQUITY FUND 'R'5.88%
4BLACKROCK EUROPEAN DYNAMIC A ACC5.71%
5ISHARES MSCI EMU INDEX5.66%
6COMGEST GROWTH5.04%
7BBH LUXEMBOURG CORE SELECT4.96%
8First State Asia Pacific Leaders Fund B4.44%
9SOMERSET EMERGING MARKETS DIVIDEND GROWTH4.4%
Management
Fund manager group
Thesis Unit Trust Mgmt
Fund manager company
Thesis Unit Trust Mgmt Ltd
Fund type
OEIC
Fund objective
The investment objective of the Company (also referred to as the Fund) is to provide capital growth from a diversified portfolio, mainly of equities, spread across global markets. The assets in which the Company invests are principally securities and shares in collective investment schemes, but the Company may also invest in bonds, money market instruments, deposits and cash or near cash investments. No emphasis is placed on any particular economic, industrial or geographical sector.
Benchmark
  • WM Private Client Growth Index
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
Thesis Abaco Acc
Initial charge1%
Annual charge1%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price204.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJU43
Thesis Abaco Inc
Initial charge1%
Annual charge1.13%
Min single investment£100,000
Min regular saving£100,000
Available in ISANo
Ongoing charge (OCF)2.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price204.4
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJU44
Data provided by

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