Fact sheet: VAM Close Brothers Growth

Fund information
Fund name
VAM Close Brothers Growth A GBP
Fund manager company
VAM Managed Funds (LUX)
Fund type
Offshore Fund
Fund managers
  • James Daviessince 01/12/2015
  • Matthew Stanesbysince 01/12/2015
  • Sam Grant-Daltonsince 01/12/2015
Fund objective
The objective of the Fund is to provide long-term capital appreciation through 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
Aggressive,Growth
Investment method
None
Quick stats
1 Year return
16.2%
1 Year rank in sector
47/79
Sector
FO Mixed Asset - Aggressive
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.
3.1%
Fund size
£357m (£357m last year)
Top in this sector
Fund name1 Year
HSBC Pfl Wld Seltn 535.1%
SEI Aggr34.9%
Dimensional World Alloc 80/2033.1%
SEI Growth31.3%
FstEgleAmunIntl31.3%
...more in FO Mixed Asset - Aggressive

Performance snapshot

Holdings snapshot

  • USA27.9%
    UK25.8%
    Europe14%
    International9.9%
    Japan5.4%
  • Information Technology10.8%
    Financials10.2%
    Industrials8.6%
    Consumer Discretionary7.1%
    Health Care6.1%
  • US Equities27.9%
    UK Equities20.4%
    European Equities14%
    International Equities9.9%
    Japanese Equities5.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.9%5.1%5.9%16.2%--
Sector2.6%5.6%5.3%16.6%16%32.9%
Rank within sector47 / 8461 / 8536 / 8447 / 79--
Quartile3rd3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.4%5.7%---
Sector3.6%6.8%0%4.6%11.4%
Rank within sector52 / 8443 / 76---
Quartile3rd3rd
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 high105.9
52 week low90.8
Current bid price-
Current offer price-
Current mid price106.01
Region
1USA27.87%
2UK25.79%
3Europe13.95%
4International9.9%
5Japan5.44%
6Not Specified5.34%
7Asia Pacific ex Japan4.62%
8Global Emerging Markets2.42%
9Money Market2.39%
Industry sector
1Information Technology10.83%
2Financials10.24%
3Industrials8.65%
4Consumer Discretionary7.05%
5Health Care6.05%
6Consumer Staples4.72%
7Fixed Interest4.21%
8Consumer Services3.01%
9Infrastructure2.62%
Asset type
1US Equities27.87%
2UK Equities20.4%
3European Equities13.95%
4International Equities9.9%
5Japanese Equities5.44%
6Asia Pacific ex Japan Equities4.62%
7UK Corporate Fixed Interest3.49%
8Others2.69%
9Global Emerging Market Equities2.42%
Individual holdings
1BROWN ADVISORY US FLEXIBLE EQUITY C USD5.1%
2ARTEMIS US EXTENDED ALPHA I ACC GBP4.99%
3ISHARES PLC ISHARES CORE FTSE100 UCITS ETF GBP DIST4.86%
4ISHARES PLC ISHARES CORE FTSE100 UCITS ETF GBP DIST4.86%
5FP CRUX EUROPEAN SPECIAL SITUATIONS I ACC GBP4.78%
6SCHRODER ISF ASIAN TOTAL RETURN C DIS NAV GBP4.6%
7LEGG MASON IF CLEARBRIDGE US EQUITY INCOME X INC4.55%
8THREADNEEDLE UK EQUITY ALPHA INCOME Z INC GBP4.45%
9FIDELITY GLOBAL ENHANCED INCOME W INC4.42%
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 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
Aggressive,Growth
Investment method
None
Fund managers
NameSinceBiography
James Davies01/12/2015James 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 Stanesby01/12/2015Matthew 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-Dalton01/12/2015Having 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
Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Luxembourg, Offshore, Singapore
VAM Close Brothers Growth A GBP
Initial charge5%
Annual charge1.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)3.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.01
CurrencyGBP
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE28N
VAM Close Brothers Growth A USD
Initial charge5%
Annual charge1.75%
Min single investment£10,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price104.96
CurrencyUSD
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOXA
Data provided by

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