Fact sheet: VAM Close Brothers Cautious

Fund information
Fund name
VAM Close Brothers Cautious A GBP
Fund manager company
VAM Managed Funds (LUX)
Fund type
Offshore Fund
Fund managers
  • Matthew Stanesbysince 14/10/2015
  • James Daviessince 14/10/2015
  • Sam Grant-Daltonsince 14/10/2015
Fund objective
The objective of the Fund is to provide long-term capital appreciation through income and moderate capital growth. 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
No data available.
Investment style
Flexible
Investment method
Mixed
Quick stats
1 Year return
2.5%
1 Year rank in sector
52/152
Sector
FO Mixed Asset - Flexible
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.
2.94%
Fund size
£663m (£663m last year)
Top in this sector
Fund name1 Year
Aria Absolut Inc Prtd UCITs30.9%
HSBC Pfl World Seltn 421.6%
Oasis Crescent Global Inc21.1%
Northstar Mgd Stg20.5%
Investec EmrgMktsMA20.4%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • UK36%
    Others22.6%
    Not Specified8.5%
    International8.4%
    USA6.2%
  • No data available.
  • Global Fixed Interest22.6%
    UK Equities15.2%
    UK Corporate Fixed Interest14.1%
    International Equities8.4%
    US Equities6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-0.7%4%2.5%--
Sector-0.8%-0.8%2%0.5%7.3%23.4%
Rank within sector106 / 16676 / 16949 / 16352 / 152--
Quartile3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund3.1%----
Sector2.1%-0.1%5%6.8%6.9%
Rank within sector64 / 153----
Quartile2nd
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 high104.93
52 week low94.36
Current bid price-
Current offer price-
Current mid price102.95
Region
1UK36%
2Others22.57%
3Not Specified8.46%
4International8.38%
5USA6.24%
6Europe6.16%
7Money Market4.21%
8Japan3.51%
9Asia Pacific ex Japan2.46%
Industry sector
No data available.
Asset type
1Global Fixed Interest22.57%
2UK Equities15.21%
3UK Corporate Fixed Interest14.13%
4International Equities8.38%
5US Equities6.24%
6European Equities6.16%
7Others5.71%
8Money Market4.21%
9UK Gilts3.59%
Individual holdings
1FIDELITY STRATEGIC BOND Y DIS GBP4.75%
2SCHRODER STRATEGIC CREDIT L INC4.5%
3HENDERSON STRATEGIC BOND I INC4.4%
4FIDELITY GLOBAL ENHANCED INCOME W INC4.3%
5JPM US EQUITY INCOME C INC4.02%
6NEWTON GLOBAL INCOME W INC GBP3.94%
7CHURCH HOUSE INVESTMENT GRADE FIXED INTEREST3.84%
8KAMES INVESTMENT GRADE BOND B INC3.61%
9MULTI UNITS LUXEMBOURG3.52%
Management
Fund manager group
VAM Funds
Fund manager company
VAM Managed Funds (LUX)
Fund type
Offshore Fund
Fund objective
The objective of the Fund is to provide long-term capital appreciation through income and moderate capital growth. 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
No data available.
Investment style
Flexible
Investment method
Mixed
Fund managers
NameSinceBiography
Matthew Stanesby14/10/2015Matthew 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.
James Davies14/10/2015James 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.
Sam Grant-Dalton14/10/2015Having 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
VAM Close Brothers Cautious A EUR
Initial charge5%
Annual charge1.75%
Min single investment£8,000
Min regular saving£800
Available in ISANo
Ongoing charge (OCF)2.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.75
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWXD
VAM Close Brothers Cautious A GBP
Initial charge5%
Annual charge1.75%
Min single investment£5,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)2.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.95
CurrencyGBP
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMUBN
VAM Close Brothers Cautious A USD
Initial charge5%
Annual charge1.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.94%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price102.29
CurrencyUSD
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWXC
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.