Fact sheet: Threadneedle UK Extnd Alp

Fund information
Fund name
Threadneedle UK Extended Alpha Inst Acc
Fund manager company
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund managers
  • Chris Kindersince 01/11/2010
Fund objective
The aim of the Fund is to grow the amount you invested. At least two-thirds of the Funds assets will be in long and short positions in UK companies or companies that have significant operations there. 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 Funds investment approach means it will typically hold a small number of investments compared with other funds. The Fund may also invest in asset classes and instruments different from those stated above. A Performance Fee of 20% is accrued daily. The share price will be adjusted up or down depending on whether the fund has generated more or less return than the FTSE All Share.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
6%
1 Year rank in sector
138/277
Sector
UT UK All Companies
Yield
2.3%
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.
0.84%
Fund size
£122m (£74m 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.
91
Mid price
432.81
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry44%
Schroder Recovery20.2%
UBS UK Opportunities19.9%
Charity Equity18.1%
R&M UK Equity Long Term Recovery17.8%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.6%-3.3%4.8%6%24.2%78.7%
Sector-0.5%0.5%7.6%6.1%14%60.7%
Rank within sector198 / 284241 / 283181 / 280138 / 27731 / 26363 / 250
Quartile3rd4th3rd2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.7%7.8%5.9%26.5%15.8%
Sector7%3.7%0.6%25.7%14.8%
Rank within sector135 / 27884 / 26929 / 264119 / 257105 / 251
Quartile2nd2nd1st2nd2nd
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.
3.35
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.
0.5
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%.
9.96
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.
2.9
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.
1.14
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.
0.92
Price movement
52 week high463.87
52 week low360.23
Current bid price-
Current offer price-
Current mid price432.81
Region
1UK100%
Industry sector
1Consumer Goods22.6%
2Financials18.9%
3Consumer Services16.9%
4Industrials11.8%
5Health Care9.5%
6Oil & Gas7.8%
7Basic Materials3.7%
8Telecommunications3.6%
9Technology2.5%
Asset type
1UK Equities100%
Individual holdings
1ROYAL DUTCH SHELL5.1%
2BRITISH AMERICAN TOBACCO4%
3PRUDENTIAL PLC4%
4GLAXOSMITHKLINE3.9%
5IMPERIAL BRANDS PLC3.9%
6DIAGEO3.7%
7BT GROUP3.6%
8COMPASS GROUP(PERU)3.2%
9RECKITT BENCKISER GROUP PLC3.2%
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 Funds assets will be in long and short positions in UK companies or companies that have significant operations there. 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 Funds investment approach means it will typically hold a small number of investments compared with other funds. The Fund may also invest in asset classes and instruments different from those stated above. A Performance Fee of 20% is accrued daily. The share price will be adjusted up or down depending on whether the fund has generated more or less return than the FTSE All Share.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Chris Kinder01/11/2010Chris Kinder joined the company as a portfolio manager in the UK equities team in 2010. His main responsibilities are the management of the Threadneedle UK Fund and Threadneedle UK Extended Alpha Fund, the co-management of the Threadneedle UK Absolute Alpha Fund and the co-management of a number of institutional portfolios. He is also responsible for coverage of the aerospace and defence, oil services, mining and banking sectors and for idea generation for the wider UK equity team. Before joining the company Chris was an assistant fund manager at RWC Partners. He has also worked at Govett Investments, gaining experience in smaller companies’ analysis. Chris is a qualified chartered accountant, having worked at PricewaterhouseCoopers for four years before joining the investment management industry. Chris holds a degree in Modern European Languages from Durham University. He also holds the Chartered Financial Analyst designation.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Transparent for German Tax, IA Recognised, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Germany, Denmark, Spain, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Portugal, Singapore, Sweden
Threadneedle UK Extended Alpha Inst Acc
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£15,000
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price432.81
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTD33
Threadneedle UK Extended Alpha Ret Acc
Initial charge3.75%
Annual charge1.25%
Min single investment£2,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.4%
Total expense ratio (TER)1.47%
Bid price-
Offer price-
Mid price404.52
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTD97
Threadneedle UK Extended Alpha X Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.07%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price135.53
CurrencyGBP
Price updated11/06/2013
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI29G
Data provided by

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