Fact sheet: VAM Close Brothers Balanced

Fund information
Fund name
VAM Close Brothers Balanced A USD
Fund manager company
VAM Managed Funds (LUX)
Fund type
No data available.
Fund managers
  • James Daviessince 21/07/2015
  • Matthew Stanesbysince 21/07/2015
  • Sam Grant-Daltonsince 21/07/2015
Fund objective
The objective of the Fund is to provide long-term capital appreciation through capital growth with some income. The Fund will, directly or indirectly, gain exposure to equities and similar securities, fixed income instruments (including convertible instruments) and/or money market instruments. The Fund may gain exposure to assets worldwide without any restriction in relation to the currency of denomination of the assets to which exposure is obtained.
Benchmark
  • LIBOR USD 3 Months + 200 Bps
Investment style
Balanced,Growth
Investment method
Mixed
Quick stats
1 Year return
2.5%
1 Year rank in sector
57/134
Sector
FO Mixed Asset - Balanced
Yield
-
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.
3.68%
Fund size
£0m
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.
112
Top in this sector
Fund name1 Year
Templeton Emg Mkts Bal32.5%
Capital Group EMTOpL25.4%
HSBC Pfl World Seltn 324.5%
Morg Stnly Gbl Bal Inc20.1%
Oasis Crs Gbl Low EqBal19.6%
...more in FO Mixed Asset - Balanced

Performance snapshot

Holdings snapshot

  • UK26.7%
    USA23.8%
    Not Specified19.6%
    Europe8.3%
    International5.9%
  • No data available.
  • US Equities23.8%
    UK Equities15.7%
    Global Fixed Interest13%
    European Equities8.3%
    UK Corporate Fixed Interest6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-0.7%5.4%2.5%1%-
Sector0.3%-1.1%2.7%2.8%9.3%24.6%
Rank within sector103 / 14350 / 14324 / 13657 / 134104 / 114-
Quartile3rd2nd1st2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund3.2%-0.5%-3.7%7.1%-
Sector3.6%-0.3%4.7%7.5%7.6%
Rank within sector59 / 13357 / 124113 / 11368 / 102-
Quartile2nd2nd4th3rd
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.
-2.62
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.
1.22
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
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%.
7.95
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.
4.38
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.
-0.49
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.
0.72
Price movement
52 week high109.74
52 week low92.34
Current bid price-
Current offer price-
Current mid price105.83
Region
1UK26.74%
2USA23.77%
3Not Specified19.57%
4Europe8.28%
5International5.93%
6Money Market5.03%
7Asia Pacific ex Japan4.39%
8Japan4.05%
9Global Emerging Markets2.24%
Industry sector
No data available.
Asset type
1US Equities23.77%
2UK Equities15.74%
3Global Fixed Interest12.99%
4European Equities8.28%
5UK Corporate Fixed Interest6.38%
6International Equities5.93%
7Money Market5.03%
8UK Gilts4.62%
9Asia Pacific ex Japan Equities4.39%
Individual holdings
1MULTI UNITS LUXEMBOURG4.55%
2LIONTRUST SPECIAL SITUATIONS I INC4.51%
3ISHARES PLC ISHARES CORE FTSE100 UCITS ETF GBP DIST4.49%
4ISHARES PLC ISHARES CORE FTSE100 UCITS ETF GBP DIST4.49%
5SCHRODER ISF ASIAN TOTAL RETURN C DIS NAV GBP4.33%
6BROWN ADVISORY US FLEXIBLE EQUITY C USD4.28%
7FP CRUX EUROPEAN SPECIAL SITUATIONS I ACC GBP4.12%
8SSGA SPDR S&P US DIVIDEND ARISTOCRATS UCITS ETF GBP4.12%
9ARTEMIS US EXTENDED ALPHA I ACC GBP4.06%
Management
Fund manager group
VAM Funds
Fund manager company
VAM Managed Funds (LUX)
Fund type
No data available.
Fund objective
The objective of the Fund is to provide long-term capital appreciation through capital growth with some income. The Fund will, directly or indirectly, gain exposure to equities and similar securities, fixed income instruments (including convertible instruments) and/or money market instruments. The Fund may gain exposure to assets worldwide without any restriction in relation to the currency of denomination of the assets to which exposure is obtained.
Benchmark
  • LIBOR USD 3 Months + 200 Bps
Investment style
Balanced,Growth
Investment method
Mixed
Fund managers
NameSinceBiography
James Davies21/07/2015James is an investment manager and senior fund research specialist working within the Managed and Manager Research teams. He is co-manager of the Close Managed funds, and sits on the Multi Asset Committee. James began his investment career with Chartwell Group in 2003. From 2006 he headed up the firm’s fund research and in 2009 began managing their discretionary investment portfolios. In 2010 Chartwell was wholly acquired by Close Brothers Plc. James holds a BScEcon (Hons) in International Relations from Aberystwyth University.
Matthew Stanesby21/07/2015Matthew joined Close Brothers in 2007 and heads up the Manager Research team which is responsible for the research, selection and monitoring of fund managers. He is also a portfolio manager for our Managed and Tactical Select range of multi-asset funds. Matthew started his career in the actuarial and investment consulting world and worked within the life insurance, pensions and investment teams at Mercer and Aon. He graduated from Nottingham University with a First Class Honours Degree in Mathematics with Engineering.
Sam Grant-Dalton21/07/2015Having joined Close Brothers in 2010, Sam manages discretionary portfolios and is co-manager of the Close Managed funds. Sam sits on the Multi Asset Committee, setting asset allocation across asset classes and is a key member of the Manager Research Committee. Sam holds a BSc with Hons from the University of Bristol and a Masters from Imperial College Business School. He also holds the Investment Management Certificate.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore, Singapore, South Africa
VAM Close Brothers Balanced A EUR
Initial charge5%
Annual charge1.75%
Min single investment£8,000
Min regular saving£800
Available in ISANo
Ongoing charge (OCF)3.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.19
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZCS
VAM Close Brothers Balanced A GBP
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)3.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price107.02
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJZCR
VAM Close Brothers Balanced A USD
Initial charge5%
Annual charge1.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price105.83
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIC6J
VAM Close Brothers Balanced E GBP
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 price98.63
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNNZX
Data provided by

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