Fact sheet: Unicorn UK Income

Fund information
Fund name
Unicorn UK Income B
Fund manager company
Unicorn Asset Management
Fund type
OEIC
Fund managers
  • Fraser Mackersiesince 01/01/2014
  • Simon Moonsince 01/01/2014
Accolades
 Winner - UK Equity Income
Fund objective
The Unicorn UK Income Fund aims to provide a high and rising income from a portfolio of UK equities. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes.
Benchmark
  • FTSE All Share
Investment style
Concentrated
Investment method
Shares
Quick stats
1 Year return
-1.6%
1 Year rank in sector
84/88
Sector
UT UK Equity Income
Yield
4.4%
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
£635m (£634m 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.
75
Mid price
239.47
Top in this sector
Fund name1 Year
UBS UK Equity Income36.5%
Scot Wid Fdmtl Index UK Equity25.5%
SJP UK Growth22.2%
Schroder Income Maximiser19.7%
Jupiter Income Trust19.2%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK94.3%
    Money Market5.7%
  • Support Services10%
    Property Shares10%
    Transport9.7%
    Financial Services9.5%
    Travel9%
  • UK Equities94.3%
    Cash & Cash Equivalents5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.5%-1.5%2.2%-1.6%11.9%107.3%
Sector1.5%-1%6.1%7.3%18.4%62.2%
Rank within sector16 / 9357 / 9280 / 9284 / 8876 / 793 / 74
Quartile1st3rd4th4th4th1st
Calendar performance
 YTD - 20162015201420132012
Fund-2.1%14.1%-1.6%41%34.3%
Sector6.1%4.9%2.8%24.8%13.5%
Rank within sector84 / 888 / 8375 / 804 / 761 / 75
Quartile4th1st4th1st1st
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.
-0.52
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.
0.81
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.
0.02
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%.
10.41
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.
7.8
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.
-0.22
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.
0.47
Price movement
52 week high256.17
52 week low208.06
Current bid price-
Current offer price-
Current mid price239.47
Region
1UK94.32%
2Money Market5.68%
Industry sector
1Support Services10.05%
2Property Shares10.02%
3Transport9.67%
4Financial Services9.5%
5Travel9.05%
6Building & Construction8.42%
7Telecommunications6.86%
8Money Market5.68%
9Retailers - General5.59%
Asset type
1UK Equities94.32%
2Cash & Cash Equivalents5.68%
Individual holdings
1BBA AVIATION PLC5.31%
2PRIMARY HEALTH PROPERTIES PLC ORD 12.5P4.24%
3MARSHALLS3.14%
4HILL & SMITH HLDGS3.11%
5SECURE TRUST BANK PLC3.11%
6TELECOM PLUS2.92%
7LAVENDON GROUP2.76%
8CINEWORLD GROUP2.63%
9FDM GROUP PLC2.62%
Management
Fund manager group
Unicorn
Fund manager company
Unicorn Asset Management
Fund type
OEIC
Fund objective
The Unicorn UK Income Fund aims to provide a high and rising income from a portfolio of UK equities. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits, cash and near cash and collective investment schemes.
Benchmark
  • FTSE All Share
Investment style
Concentrated
Investment method
Shares
Fund managers
NameSinceBiography
Fraser Mackersie01/01/2014Fraser joined Unicorn Asset Management in 2008 and has been an active member of Investment Committee at Unicorn since joining the firm. He has been manager of the Unicorn UK Growth fund since February 2011 and co-manager of the Unicorn UK Income Fund & Acorn Investment fund since 2013. Prior to joining Unicorn Fraser held positions at F&C Asset Management and Geoghegan & Co Chartered Accountants. Fraser is a Fellow of the Association of Chartered Certified Accountants.
Simon Moon01/01/2014Simon 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.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Unicorn UK Income A
Initial charge5.5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.57%
Bid price-
Offer price-
Mid price223.66
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUF54
Unicorn UK Income A Acc
Initial charge5.5%
Annual charge1.5%
Min single investment£2,500
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.57%
Bid price-
Offer price-
Mid price260.8
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJEHG
Unicorn UK Income B
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)0.82%
Bid price-
Offer price-
Mid price239.47
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUF55
Unicorn UK 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)0.82%
Bid price-
Offer price-
Mid price279.11
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJEHH
Unicorn UK Income B Inst Acc EUR
Initial charge2.5%
Annual charge0.75%
Min single investment£125,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM6BP
Unicorn UK Income B Inst Acc USD
Initial charge2.5%
Annual charge0.75%
Min single investment£150,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM6BN
Unicorn UK Income B Inst Inc EUR
Initial charge2.5%
Annual charge0.75%
Min single investment£125,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM6BO
Unicorn UK Income B Inst Inc USD
Initial charge2.5%
Annual charge0.75%
Min single investment£150,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyUSD
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM6BM
Unicorn UK Income O Acc
Initial charge5.5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.34
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK6DZ
Unicorn UK Income O Inc
Initial charge5.5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price92.85
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeK6EA
Data provided by

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