Fact sheet: Threadneedle GblExtn Alp

Fund information
Fund name
Threadneedle Global Extended Alpha Inst GBP
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund managers
  • Neil Robsonsince 17/02/2012
  • Ashish Kocharsince 17/01/2012
Fund objective
The aim of the Fund is to grow the amount you invested. At least two-thirds of the Fund’s assets will be in long and short positions in companies worldwide. The Fund invests directly in shares or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund will also use derivatives for short selling (which is designed to make a profit from falling prices).The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
18%
1 Year rank in sector
119/249
Sector
UT Global
Yield
0.1%
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.
0.82%
Fund size
£200m (£105m 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.
102
Mid price
254.73
Top in this sector
Fund name1 Year
First State Gbl Resrcs60.8%
UBS FTSE RAFI Devlpd 1000 Idx38.3%
Orbis Gbl Eq37.7%
NFU Mutual Global Growth33.5%
Natixis HarsAsGblConcntdEq32.6%
...more in UT Global

Performance snapshot

Holdings snapshot

  • USA57.2%
    International8.2%
    China6.5%
    UK5.2%
    Japan4%
  • Information Technology33.2%
    Financials19.6%
    Health Care14.7%
    Industrials10%
    Consumer Staples6.1%
  • US Equities57.2%
    Others8.2%
    Chinese Equities6.5%
    UK Equities5.2%
    Japanese Equities4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.3%2.6%15.3%18%46.3%108.9%
Sector-2.3%2.7%14.3%16.4%29.1%69.3%
Rank within sector210 / 265131 / 264122 / 258119 / 24931 / 22617 / 203
Quartile4th2nd2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund17.5%10.4%10.4%32.3%9.5%
Sector16.4%3.4%6.7%19.7%9.9%
Rank within sector127 / 25223 / 24259 / 22813 / 216131 / 203
Quartile3rd1st2nd1st3rd
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.
3.76
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.
1.12
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.
1.01
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%.
12.01
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.
4.09
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.
1.17
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.
0.89
Price movement
52 week high271.32
52 week low188.87
Current bid price-
Current offer price-
Current mid price254.73
Region
1USA57.2%
2International8.2%
3China6.5%
4UK5.2%
5Japan4%
6Germany3.5%
7Mexico3.2%
8Spain2.8%
9Switzerland2.6%
Industry sector
1Information Technology33.2%
2Financials19.6%
3Health Care14.7%
4Industrials10%
5Consumer Staples6.1%
6Consumer Discretionary6%
7Energy4%
8Telecommunications Utilities3.7%
9Others2.5%
Asset type
1US Equities57.2%
2Others8.2%
3Chinese Equities6.5%
4UK Equities5.2%
5Japanese Equities4%
6German Equities3.5%
7Mexican Equities3.2%
8Spanish Equities2.8%
9Swiss Equities2.6%
Individual holdings
1ALPHABET INC. CLASS A5.9%
2AMAZON.COM INC3.2%
3PFIZER INC3.1%
4NINTENDO CO3%
5FACEBOOK INC2.6%
6MICROSOFT CORP2.6%
7VISA INC2.6%
8MASTERCARD INC2.5%
9TENCENT HLDGS LTD2.3%
Management
Fund manager group
Threadneedle
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund objective
The aim of the Fund is to grow the amount you invested. At least two-thirds of the Fund’s assets will be in long and short positions in companies worldwide. The Fund invests directly in shares or by using derivatives. Derivatives are sophisticated investment instruments linked to the rise and fall of the price of other assets. Derivatives will be used to obtain, increase or reduce exposure to underlying assets and may create gearing. Where gearing is created, the net asset value of the Fund may experience more fluctuation than if there were no gearing. The Fund will also use derivatives for short selling (which is designed to make a profit from falling prices).The Fund may also invest in asset classes and instruments different from those stated above.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Neil Robson17/02/2012Neil Robson joined the company in 2011 as a portfolio manager within the Global Equities team. He is the deputy manager of the Threadneedle Global Select Fund and manages a number of global equity mandates for institutional clients. He is also the co-manager of the Threadneedle Global Extended Alpha Fund, the Threadneedle American Extended Alpha Fund and the Threadneedle American Absolute Alpha Fund. Before joining the company, Neil worked as a fund manager at companies including Martin Currie, Barings and Citibank. In addition, he was Head of Global Equity at Pioneer Investments from 2003 to 2009. Neil has an Economics degree from the University of Bristol.
Ashish Kochar17/01/2012Ashish Kochar joined the company in 2008 as a senior portfolio analyst within the US Equities team before joining the Global Equities team in 2010 as a Portfolio Manager. He is co-manager for the Threadneedle Global Extended Alpha Fund, the American Extended Alpha Fund and the American Absolute Alpha Fund. He also heads the consumer sector research team. He joined the company from a ‘Tiger Cub’ hedge fund and previously worked as an analyst for Merrill Lynch in New York.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Denmark, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Singapore, Sweden, Taiwan - Province Of China
Threadneedle Global Extended Alpha Inst Acc EUR
Initial charge-
Annual charge0.75%
Min single investment£750,000
Min regular saving£40,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price3.0264
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCCH9
Threadneedle Global Extended Alpha Inst Acc USD
Initial charge-
Annual charge0.75%
Min single investment£800,000
Min regular saving£40,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price3.215
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCCI1
Threadneedle Global Extended Alpha Inst GBP
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.82%
Total expense ratio (TER)1.03%
Bid price-
Offer price-
Mid price254.73
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeCCI0
Threadneedle Global Extended Alpha Ret Acc EUR
Initial charge3.75%
Annual charge1.5%
Min single investment£2,500
Min regular saving£750
Available in ISAYes
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.87%
Bid price-
Offer price-
Mid price2.8409
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCI2
Threadneedle Global Extended Alpha Ret Acc USD
Initial charge3.75%
Annual charge1.5%
Min single investment£3,000
Min regular saving£750
Available in ISAYes
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.87%
Bid price-
Offer price-
Mid price3.0178
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCI4
Threadneedle Global Extended Alpha Ret GBP
Initial charge3.75%
Annual charge1.5%
Min single investment£2,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.65%
Total expense ratio (TER)1.87%
Bid price-
Offer price-
Mid price239.11
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCCI3
Threadneedle Global Extended Alpha Ret Inc EUR
Initial charge3.75%
Annual charge1.5%
Min single investment£2,500
Min regular saving£750
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.4648
CurrencyEUR
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMWZX
Threadneedle Global Extended Alpha Ret Inc GBP
Initial charge3.75%
Annual charge1.5%
Min single investment£2,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price123.29
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMWZW
Threadneedle Global Extended Alpha X Acc GBP
Initial charge-
Annual charge-
Min single investment£3,000,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.2045
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMX2T
Threadneedle Global Extended Alpha Z EUR
Initial charge3%
Annual charge0.75%
Min single investment£1,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.4036
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM3XE
Threadneedle Global Extended Alpha Z GBP
Initial charge3%
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.1814
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM3XD
Threadneedle Global Extended Alpha Z USD
Initial charge3%
Annual charge0.75%
Min single investment£1,500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.491
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM3XF
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.