Fact sheet: Unicorn UK Ethical Income

Fund information
Fund name
Unicorn UK Ethical Income B Acc
Fund manager company
Unicorn Asset Management
Fund type
OEIC
Fund managers
  • Simon Moonsince 31/03/2016
  • Fraser Mackersiesince 31/03/2016
Fund objective
The Unicorn UK Ethical Income Fund aims to achieve an historic yield in excess of 110% of the FTSE All Share yield, over a 3 year period, by investing primarily in UK companies which meet the ACD’s ethical guidelines. For this purpose, UK companies are treated as those which are incorporated or domiciled in the UK, or derive a significant amount of their business from the UK. Selection of such ethical equities will be undertaken on the basis of thorough company analysis, with ethical and socially responsible criteria reviewed at the point of investment and quarterly thereafter.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
UT UK Equity Income
Yield
3.5%
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.
0.81%
Fund size
£7m (£1m 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.
72
Mid price
109.42
Top in this sector
Fund name1 Year
UBS UK Equity Income35.3%
Scot Wid Fdmtl Index UK Equity30.5%
SVS Church House DeepValInvts29.7%
JOHCM UK Equity Income24.1%
Insight Equity Income21.8%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK92.4%
    Money Market7.6%
  • Financial Services14.9%
    Property Shares11.4%
    Building & Construction10.3%
    Industrials7.8%
    Money Market7.6%
  • UK Equities92.4%
    Cash & Cash Equivalents7.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%5.7%8%---
Sector1.3%4.8%5.5%15.6%21.8%61.6%
Rank within sector57 / 9620 / 9612 / 93---
Quartile3rd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund5%----
Sector3.9%9.1%4.9%2.8%24.8%
Rank within sector13 / 96----
Quartile1st
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high110.64
52 week low86.14
Current bid price-
Current offer price-
Current mid price109.42
Region
1UK92.43%
2Money Market7.57%
Industry sector
1Financial Services14.88%
2Property Shares11.44%
3Building & Construction10.34%
4Industrials7.79%
5Money Market7.57%
6Retailers - General7.41%
7Telecommunications7.31%
8Support Services6.16%
9Software5.34%
Asset type
1UK Equities92.43%
2Cash & Cash Equivalents7.57%
Individual holdings
1RPS GROUP3.13%
2HEADLAM GROUP3.03%
3MUCKLOW (A & J) GROUP3%
4TELECOM PLUS3%
5PRIMARY HEALTH PROPERTIES PLC ORD 12.5P2.98%
6MARSHALLS2.87%
7BERENDSEN PLC2.85%
8HILL & SMITH HLDGS2.85%
9MICRO FOCUS INTERNATIONAL2.82%
Management
Fund manager group
Unicorn
Fund manager company
Unicorn Asset Management
Fund type
OEIC
Fund objective
The Unicorn UK Ethical Income Fund aims to achieve an historic yield in excess of 110% of the FTSE All Share yield, over a 3 year period, by investing primarily in UK companies which meet the ACD’s ethical guidelines. For this purpose, UK companies are treated as those which are incorporated or domiciled in the UK, or derive a significant amount of their business from the UK. Selection of such ethical equities will be undertaken on the basis of thorough company analysis, with ethical and socially responsible criteria reviewed at the point of investment and quarterly thereafter.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Simon Moon31/03/2016Simon Joined Unicorn in 2008 from JM Finn stockbrokers where he worked as a research analyst. Before moving to the City, Simon spent three years on the NHS graduate finance scheme. He is Co-Manager of the Unicorn UK Smaller Companies Fund and was appointed Co-Manager of the Unicorn UK Income and Acorn Income Fund in December 2013.
Fraser Mackersie31/03/2016Fraser is co-manager of Unicorn UK Income Fund and Acorn Income Fund and lead manager of Unicorn UK Growth Fund. Fraser joined Unicorn in 2008 having previously held positions with F&C Asset Management and Geoghegan & Co Chartered Accountants. He graduated from the University of St Andrews in 2003 with a degree in Economics and Management and is also a Fellow of the Association of Chartered Certified Accountants.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Unicorn UK Ethical Income A Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.15
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN9BP
Unicorn UK Ethical Income A Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.7
CurrencyGBX
Price updated22/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN9BO
Unicorn UK Ethical Income B Acc
Initial charge2.5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.42
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMPYQ
Unicorn UK Ethical Income B Inc
Initial charge2.5%
Annual charge0.75%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.25
CurrencyGBX
Price updated22/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMPYR
Data provided by

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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.