Fact sheet: Threadneedle Managed Equity

Fund information
Fund name
Threadneedle Managed Equity Z Acc GBP
Fund manager company
Threadneedle Inv Services Ltd
Fund type
Unit Trust
Fund managers
  • Alex Lylesince 01/04/2008
  • Mark Burgesssince 01/01/2011
Fund objective
To provide a return by way of capital growth. The Fund will invest at least two-thirds of its assets in funds managed or operated by companies in the Threadneedle group. These funds may invest worldwide. The Fund will invest at least two-thirds of its assets in funds that invest in company shares, but also have some exposure to fixed income securities. The Fund may also hold cash, near cash and money market instruments. Up to 20% of the value of the Fund may be invested in funds that invest in derivatives for purposes other than Efficient Portfolio Management.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
23.4%
1 Year rank in sector
81/244
Sector
UT Flexible Investment
Yield
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.
1.06%
Fund size
£362m (£329m 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.
76
Bid price
134.2
Offer price
134.2
Top in this sector
Fund name1 Year
M&G Managed Growth39.8%
CF Purisima EAFE Total Rtn37.4%
TB Wise Income34.7%
TM Cavendish Worldwide33.1%
CF IM Global Strategy32.9%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • UK25.9%
    North America19.2%
    Europe ex UK16.5%
    International13.4%
    Far East ex Japan10.3%
  • Equities82.7%
    Fixed Interest9.8%
    Money Market6.5%
    Others1%
  • UK Equities20.6%
    North American Equities19.2%
    Europe ex UK Equities16.5%
    Asia Pacific ex Japan Equities10.3%
    International Equities7.9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.9%2.1%8.7%23.4%35.2%76.1%
Sector1.6%1.6%7.3%18.7%25.7%56.5%
Rank within sector42 / 25884 / 25476 / 24581 / 24444 / 19340 / 165
Quartile1st2nd2nd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund5.7%14.6%6%4.8%18.2%
Sector4.3%12.8%2%4.9%14.1%
Rank within sector68 / 24599 / 23233 / 210115 / 18855 / 178
Quartile2nd2nd1st3rd2nd
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.
1.64
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.
1.01
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.
0.86
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%.
7.83
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.
1.73
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.
0.98
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.
0.95
Price movement
52 week high134.9
52 week low108.6
Current bid price134.2
Current offer price134.2
Current mid price-
Region
1UK25.9%
2North America19.2%
3Europe ex UK16.5%
4International13.4%
5Far East ex Japan10.3%
6Japan7.4%
7Money Market6.5%
8Latin America0.8%
Industry sector
1Equities82.7%
2Fixed Interest9.8%
3Money Market6.5%
4Others1%
Asset type
1UK Equities20.6%
2North American Equities19.2%
3Europe ex UK Equities16.5%
4Asia Pacific ex Japan Equities10.3%
5International Equities7.9%
6Japanese Equities7.4%
7Money Market6.5%
8UK Fixed Interest5.3%
9Global Fixed Interest4.5%
Individual holdings
1THREADNEEDLE AM SELECT-$-110.6%
2THREADNEEDLE ASIA FUND8.1%
3THREADNEEDLE JAPAN FUND7.4%
4THREADNEEDLE INVESTMENT FUNDS ICVC - AMERICAN FUND CLASS 1 NET RETAIL GBP ACCUM.SHS6.8%
5THREADNEEDLE UK SELECT FUND5.3%
6THREADNEEDLE INVESTMENT FUNDS ICVC - EUROPEAN SELECT FUND ACCUM RETAIL 1 GBP5.1%
7THREADNEEDLE EUROPEAN FUND4.1%
8THREADNEEDLE GLOBAL EMERGING MARKETS EQUITY FUND3.4%
9THREADNEEDLE UK ABSOLUTE ALPHA FUND3.2%
Management
Fund manager group
Threadneedle
Fund manager company
Threadneedle Inv Services Ltd
Fund type
Unit Trust
Fund objective
To provide a return by way of capital growth. The Fund will invest at least two-thirds of its assets in funds managed or operated by companies in the Threadneedle group. These funds may invest worldwide. The Fund will invest at least two-thirds of its assets in funds that invest in company shares, but also have some exposure to fixed income securities. The Fund may also hold cash, near cash and money market instruments. Up to 20% of the value of the Fund may be invested in funds that invest in derivatives for purposes other than Efficient Portfolio Management.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Alex Lyle01/04/2008Alex Lyle is Head of Managed Funds, EMEA. In this role he takes responsibility for a large number of the company’s managed funds, is a member of the Asset Allocation Committee and is a key investment contact between the company and a number of its major clients.He joined the company in 1994 and was appointed Joint Head of UK / European Equity teams in 1999 and became Head of Managed Funds in 2003.Alex started his career at Hambros Bank’s¹ Unit Trust Division, which was acquired by Allied Dunbar² in 1981 and subsequently became part of Threadneedle Asset Management Limited in 1994. He managed UK equity portfolios for more than 20 years. He has a degree in Geography from Oxford University.
Mark Burgess01/01/2011Mark is Chief Investment Officer, EMEA and Global Head of Equities. In his role he is responsible for the investment performance for all EMEA investment strategies and for equities globally. He chairs the company’s Asset Management Committee and is a statutory Board member. He joined the company in November 2010. Prior to joining the company Mark was Head of Equities at Legal and General Investment Management. Before joining LGIM, Mark held senior roles at Morgan Grenfell Asset Management and Deutsche Asset Management. He gained a degree in Economics and Philosophy from Keele University and is an associate of the Institute of Investment Management and Research. He is a Director of the Investor Forum and a trustee of two charities, Access Sport and LIFEbeat.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Sweden
Threadneedle Managed Equity Inst Acc GBP
Initial charge-
Annual charge1.25%
Min single investment£5,000,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)1.41%
Total expense ratio (TER)1.5%
Bid price189.4
Offer price189.4
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTF76
Threadneedle Managed Equity Ret Acc GBP
Initial charge3.75%
Annual charge1.5%
Min single investment£2,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.66%
Total expense ratio (TER)1.91%
Bid price184.3
Offer price191.2
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTH35
Threadneedle Managed Equity T Inc GBP
Initial charge-
Annual charge1.15%
Min single investment£2,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)-
Bid price121.9
Offer price121.9
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMQUT
Threadneedle Managed Equity Z Acc GBP
Initial charge3%
Annual charge0.9%
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.06%
Total expense ratio (TER)-
Bid price134.2
Offer price134.2
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKWYA
Threadneedle Managed Equity Z Inc
Initial charge3%
Annual charge0.9%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNE2B
Data provided by

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