Fact sheet: Troy Income & Growth Trust plc

Fund information
Fund name
Troy Income & Growth Trust plc
Fund manager company
Troy Asset Management
Fund type
Investment Trust
Fund managers
  • Francis Brookesince 31/07/2009
  • Hugo Uresince 01/03/2015
Accolades
Fund objective
To provide shareholders with an attractive income yield and the prospect of income and capital growth through investing in a portfolio of predominantly UK equities.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.1%
1 Year rank in sector
12/24
Sector
IT UK Equity Income
Yield
3.3%
Fund size
£212m
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.
89
Mid price
74.25
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
72.33
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
+2.31
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Tmpl Br IT PLC18.6%
Dudn Inc Gth IT PLC13.3%
Murray Inc Tst PLC13.1%
F&C Cap & Inc IT PLC12.3%
Shires Income plc11%
...more in IT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK86%
    International11%
    Money Market3%
  • Financials27%
    Consumer Goods23%
    Utilities11%
    Consumer Services8%
    Health Care7%
  • UK Equities86%
    International Equities11%
    Money Market3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%-3.9%3%7.1%36.9%70.7%
Sector2.1%-0.3%5.8%5%13.9%75.4%
Rank within sector21 / 2418 / 2420 / 2412 / 241 / 2417 / 24
Quartile4th3rd4th2nd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.7%10.8%12.1%16.8%9.2%
Sector3.9%3.8%3%29.8%20%
Rank within sector12 / 247 / 241 / 2424 / 2423 / 24
Quartile2nd2nd1st4th4th
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.
6.79
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.
0.87
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.
0.76
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%.
8.97
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.
6.14
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.
0.99
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.
0.55
Price movement
52 week high78.75
52 week low66.25
Current bid price73.5
Current offer price74.25
Current mid price74.25
Region
1UK86%
2International11%
3Money Market3%
Industry sector
1Financials27%
2Consumer Goods23%
3Utilities11%
4Consumer Services8%
5Health Care7%
6Industrials6%
7Oil & Gas6%
8Telecommunications5%
9Technology4%
Asset type
1UK Equities86%
2International Equities11%
3Money Market3%
Individual holdings
1UNILEVER4.4%
2ASTRAZENECA PLC3.4%
3REYNOLDS AMERICAN INC3.4%
4ROYAL DUTCH SHELL3.4%
5ROYAL MAIL PLC3.4%
6BRITISH AMERICAN TOBACCO PLC3.2%
7GLAXOSMITHKLINE3.2%
8IMPERIAL BRANDS PLC3.2%
9BP PLC3%
Management
Fund manager group
Troy Asset Management
Fund manager company
Troy Asset Management
Fund type
Investment Trust
Fund objective
To provide shareholders with an attractive income yield and the prospect of income and capital growth through investing in a portfolio of predominantly UK equities.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Francis Brooke31/07/2009Before joining Troy Asset Management in 2004, Francis was a Director at Merrill Lynch Investment Managers, where he was responsible for over £1 billion of UK Equities. He was also a member of Merrill's Asset Allocation and Sector Strategy Committees. Francis was previously employed at Foreign & Colonial Management Ltd, where he was appointed Director in 1995, and at Kleinwort Benson Securities, where he began his career in 1986, after graduating from Edinburgh University.
Hugo Ure01/03/2015Hugo joined Troy Asset Management in 2009. Before moving to Troy he was an equity analyst at Kleinwort Benson, a role he enjoyed for 3 years after a short period as part of the portfolio management team. Hugo previously spent four years serving as an officer in the Scots Guards after passing out of the Royal Military Academy Sandhurst in 2000. Hugo graduated from Oxford University in 1999; he is a CFA Charterholder and has completed his Securities and Investment diploma.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Troy Income & Growth Trust plc
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 price72.55
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJIX
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.