Fact sheet: Threadneedle Sterling

Fund information
Fund name
Threadneedle Sterling Ret Inc
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund manager
  • Paul Witchallssince 31/01/2008
Fund objective
To achieve a high level of capital security and provide income. To invest primarily in Sterling denominated cash deposits and certificates of deposit. The ACD may also invest up to 50% of the total assets of the Fund in commercial paper.
Benchmark
  • London 1 week Deposit Rate
Investment style
None
Investment method
Deposits
Quick stats
1 Year return
0.2%
1 Year rank in sector
14/18
Sector
UT Money Market
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.
0.28%
Fund size
£311m (£229m last year)
Mid price
99.85
Top in this sector
Fund name1 Year
Thesis Motim9.7%
Royal London Enhncd Csh +1%
Federated Stg Csh +0.8%
F&C Short Duration Bond0.8%
Royal London Cash Plus0.5%
...more in UT Money Market

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0%0.1%0.2%0.5%0.9%
Sector-0.1%-0%0.6%0.8%0.9%2.1%
Rank within sector10 / 1813 / 1814 / 1814 / 1814 / 1712 / 14
Quartile3rd3rd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0.2%0.2%0.1%0.1%0.3%
Sector0.8%-0.2%0.2%1%0.4%
Rank within sector14 / 1815 / 1714 / 1714 / 1612 / 14
Quartile4th4th4th4th4th
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.
0.17
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
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.
-
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%.
0.02
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.
5.82
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.
-0.9
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.
0.13
Price movement
52 week high99.92
52 week low99.82
Current bid price-
Current offer price-
Current mid price99.85
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Threadneedle
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund objective
To achieve a high level of capital security and provide income. To invest primarily in Sterling denominated cash deposits and certificates of deposit. The ACD may also invest up to 50% of the total assets of the Fund in commercial paper.
Benchmark
  • London 1 week Deposit Rate
Investment style
None
Investment method
Deposits
Fund manager
NameSinceBiography
Paul Witchalls31/01/2008Paul Witchalls is a portfolio manager specialising in cash, money market funds and foreign exchange. Paul began his career in the loans department at Barclays Bank in 1984 and in 1986 moved to Greenwell Montagu Securities. He joined the Cash Management Division of Eagle Star Investment Managers1 in 1988 and was appointed Assistant Money Manager on the Treasury / Foreign Exchange Desk in 1992. Paul holds the Chartered Financial Analyst designation and is also an associate member of the CFA Society of the UK.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Portugal, Sweden
Threadneedle Sterling 3 Ret Gr Acc
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9982
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMSYK
Threadneedle Sterling Ret Gr
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.27%
Total expense ratio (TER)0.27%
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeB3K5
Threadneedle Sterling Ret Inc
Initial charge-
Annual charge0.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.28%
Total expense ratio (TER)0.27%
Bid price-
Offer price-
Mid price99.85
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeB3K4
Threadneedle Sterling TP7
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.25
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeND0J
Threadneedle Sterling TPZ
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.14
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeND0I
Threadneedle Sterling 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 price1.0032
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMX2W
Data provided by

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