Fact sheet: Thesis Optima Balanced

Fund information
Fund name
Thesis Optima Balanced B Acc
Fund manager company
Thesis Unit Trust Mgmt Ltd
Fund type
Unit Trust
Fund manager
  • Steven Richardssince 01/01/2007
Fund objective
The investment objective of the fund is to provide both income and capital growth.
Benchmark
  • FTSE WMA Stock Market Income
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
11.1%
1 Year rank in sector
142/206
Sector
UT Mixed Investment 20%-60% Shares
Yield
1.7%
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.
1.7%
Fund size
£23m (£27m 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.
45
Bid price
165.9
Offer price
166.7
Top in this sector
Fund name1 Year
S&W The Magpie31.7%
S&W Wessex22.8%
SVS TPI Balanced 221.3%
Omnis Multi-Asset Income20.8%
AXA Lifetime Distribution20.6%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • Not Specified52.2%
    UK25.6%
    Money Market6.7%
    USA4.9%
    International4.7%
  • No data available.
  • Global Investment Grade Fixed Interest33.2%
    UK Equities25.6%
    Others8.2%
    Money Market6.7%
    Hedge5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%3.5%5%11.1%18%38.3%
Sector0.6%3%3.8%12.5%19.6%35.8%
Rank within sector62 / 21460 / 21345 / 210142 / 206128 / 17883 / 145
Quartile2nd2nd1st3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.1%6.7%2.4%5.4%11.8%
Sector2.5%10.3%1.2%5%9%
Rank within sector54 / 213172 / 20067 / 18785 / 17348 / 159
Quartile2nd4th2nd2nd2nd
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.
-0.45
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
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.
0.31
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%.
5.61
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.
2.01
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.
-0.25
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.
0.87
Price movement
52 week high166.8
52 week low147.7
Current bid price165.9
Current offer price166.7
Current mid price-
Region
1Not Specified52.21%
2UK25.59%
3Money Market6.67%
4USA4.85%
5International4.69%
6Japan2.07%
7Global Emerging Markets2.02%
8Continental Europe1.9%
Industry sector
No data available.
Asset type
1Global Investment Grade Fixed Interest33.2%
2UK Equities25.59%
3Others8.23%
4Money Market6.67%
5Hedge5.58%
6Property5.2%
7US Equities4.85%
8International Equities4.69%
9Japanese Equities2.07%
Individual holdings
1ROYAL LONDON CORPORATE BOND Z INC8.25%
2BLACKROCK OVERSEAS CORPORATE BOND TRACKER D INC6.27%
3L&G UK INDEX C DIST6.08%
4L&G UK PROPERTY I DIST5.2%
5MUZINICH GLBL TCTL CRDT HGD GBP INC S4.11%
6L&G DYNAMIC BOND I DIST4.08%
7MI TWENTYFOUR AM DYNAMIC BOND I INC GRS3.71%
8Henderson Strategic Bond Fund - I - Inc3.64%
9FIDELITY MONEYBUILDER INCOME GR3.13%
Management
Fund manager group
Thesis Unit Trust Mgmt
Fund manager company
Thesis Unit Trust Mgmt Ltd
Fund type
Unit Trust
Fund objective
The investment objective of the fund is to provide both income and capital growth.
Benchmark
  • FTSE WMA Stock Market Income
Investment style
Balanced
Investment method
None
Fund manager
NameSinceBiography
Steven Richards01/01/2007Steven graduated from Guildhall University in Financial Services, and has a strong background in financial analysis and systems. He has experience with Lloyds Bank and the European Stock Exchange Foundation and nine years at Thesis concentrating on private client issues. Investment experience: since 1993
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Thesis Optima Balanced Acc
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price160.6
Offer price166.2
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code011O
Thesis Optima Balanced B Acc
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)-
Bid price165.9
Offer price166.7
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVLM
Thesis Optima Balanced B Inc
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)-
Bid price129.8
Offer price130.4
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGVLL
Thesis Optima Balanced C Acc
Initial charge-
Annual charge0.5%
Min single investment£6,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)-
Bid price166.5
Offer price167.3
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKRKD
Thesis Optima Balanced C Inc
Initial charge-
Annual charge0.5%
Min single investment£6,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.45%
Total expense ratio (TER)-
Bid price130.4
Offer price130.4
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKRKC
Thesis Optima Balanced Inc
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.45%
Total expense ratio (TER)-
Bid price124.8
Offer price129.2
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code011N
Data provided by

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