Fact sheet: Thesis Optima Income

Fund information
Fund name
Thesis Optima Income B Acc
Fund manager company
Thesis Unit Trust Mgmt Ltd
Fund type
Unit Trust
Fund managers
  • Steven Richardssince 26/07/2014
Fund objective
The investment objective of the fund is to provide income returns in preference to capital returns, although it will aim for some capital growth
Benchmark
  • FTSE UK Private Investor Conservative
Investment style
Cautious,Growth
Investment method
None
Quick stats
1 Year return
7%
1 Year rank in sector
70/78
Sector
UT Mixed Investment 0-35% Shares
Yield
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.
1.67%
Fund size
£18m (£18m 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.
23
Bid price
136.8
Offer price
137.5
Top in this sector
Fund name1 Year
SVS TPI Cautious 316.7%
BlackRock NURS II Consensus 3516.6%
TM The Beamish16.1%
Old Mutual Cirilium Cons15.9%
7IM AAP Income15.8%
...more in UT Mixed Investment 0-35% Shares

Performance snapshot

Holdings snapshot

  • Not Specified67.8%
    Money Market13.4%
    UK9.4%
    International5.9%
    USA1.7%
  • No data available.
  • Global Corporate Fixed Interest44.9%
    Money Market13.4%
    UK Equities9.4%
    Others9.1%
    Property8.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%2.2%5%7%13.8%32.3%
Sector0.9%1.7%4.9%10.3%15.8%29.2%
Rank within sector38 / 8729 / 8542 / 8270 / 7840 / 5620 / 43
Quartile2nd2nd3rd4th3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.6%4.6%2%5.3%5.6%
Sector3.1%8.4%0.3%5.2%4.2%
Rank within sector36 / 8370 / 739 / 5831 / 5516 / 50
Quartile2nd4th1st3rd2nd
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.
0.8
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.
0.47
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.
0.24
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%.
3.22
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.
3.52
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.
-0.84
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.
0.72
Price movement
52 week high136.8
52 week low126.2
Current bid price136.8
Current offer price137.5
Current mid price-
Region
1Not Specified67.78%
2Money Market13.43%
3UK9.38%
4International5.85%
5USA1.68%
6Japan0.89%
7Continental Europe0.5%
8Global Emerging Markets0.49%
Industry sector
No data available.
Asset type
1Global Corporate Fixed Interest44.94%
2Money Market13.43%
3UK Equities9.38%
4Others9.13%
5Property8.17%
6International Equities5.85%
7Hedge5.54%
8US Equities1.68%
9Japanese Equities0.89%
Individual holdings
1L&G UK PROPERTY I INC8.05%
2ROYAL LONDON CORPORATE BOND Z INC7.96%
3FIDELITY MONEYBUILDER INCOME Y GR DIS GBP7.86%
4MONUMENT BOND I GR INC GBP7.27%
5MUZINICH GLOBAL TACTICAL CREDIT S HEDGED INC GBP7.26%
6DYNAMIC BOND I GR INC GBP5%
7HENDERSON STRATEGIC BOND I GR INC4.87%
8PREMIER DEFENSIVE GROWTH C INC3.91%
9L&G STERLING CORPORATE BOND INDEX C INC3.69%
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 income returns in preference to capital returns, although it will aim for some capital growth
Benchmark
  • FTSE UK Private Investor Conservative
Investment style
Cautious,Growth
Investment method
None
Fund managers
NameSinceBiography
Steven Richards26/07/2014Steven 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 Income Acc
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.42%
Total expense ratio (TER)-
Bid price133
Offer price137.7
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code011I
Thesis Optima Income B Acc
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)-
Bid price136.8
Offer price137.5
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVLI
Thesis Optima Income B Inc
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)-
Bid price97.97
Offer price98.56
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGVLH
Thesis Optima Income C Acc
Initial charge-
Annual charge0.5%
Min single investment£6,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price137.2
Offer price137.9
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKRKF
Thesis Optima Income C Inc
Initial charge-
Annual charge0.5%
Min single investment£6,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.42%
Total expense ratio (TER)-
Bid price96.78
Offer price97.37
Mid price-
CurrencyGBX
Price updated04/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKRKE
Thesis Optima Income Inc
Initial charge3%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)2.42%
Total expense ratio (TER)-
Bid price94.94
Offer price98.4
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code011H
Data provided by

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