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
  • Sam Grant-Daltonsince 01/12/2015
  • Matthew Stanesbysince 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
Investment method
Mixed
Quick stats
1 Year return
-
1 Year rank in sector
-
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.
2.96%
Fund size
£357m (£357m last year)
Top in this sector
Fund name1 Year
CMI Global Mixed31.1%
AIM MA29.4%
Capital Group GAlcL28.9%
Capital Group GAIGrL27.5%
HSBC Pfl Wld Seltn 527.3%
...more in FO Mixed Asset - Aggressive

Performance snapshot

Holdings snapshot

  • Money Market25.1%
    UK20.5%
    USA18.9%
    Europe9.2%
    International7.7%
  • No data available.
  • Money Market25.1%
    US Equities18.9%
    UK Equities13.9%
    European Equities9.2%
    International Equities7.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%8.7%8.4%---
Sector0.8%5.7%7.1%8.9%13.7%40.5%
Rank within sector16 / 8228 / 8231 / 80---
Quartile1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.5%----
Sector5.7%0%4.6%11.4%9.7%
Rank within sector46 / 78----
Quartile3rd
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 high101.37
52 week low86.06
Current bid price-
Current offer price-
Current mid price101.37
Region
1Money Market25.14%
2UK20.53%
3USA18.86%
4Europe9.17%
5International7.73%
6Not Specified5.51%
7Others5.47%
8Japan3.63%
9Asia Pacific ex Japan2.95%
Industry sector
No data available.
Asset type
1Money Market25.14%
2US Equities18.86%
3UK Equities13.86%
4European Equities9.17%
5International Equities7.73%
6Global Fixed Interest5.47%
7UK Corporate Fixed Interest3.86%
8Japanese Equities3.63%
9Others3.61%
Individual holdings
1FP CRUX EUROPEAN SPECIAL SITUATIONS I ACC GBP6.05%
2BAILLIE GIFFORD AMERICAN B ACC6.03%
3INVESTEC UK ALPHA I ACC GBP5.97%
4SCHRODER ISF ASIAN TOTAL RETURN C DIS NAV GBP5.81%
5KAMES STRATEGIC BOND B INC5.21%
6BARING EUROPE SELECT I INC GBP5.19%
7LEGG MASON IF CLEARBRIDGE US EQUITY INCOME X INC4.95%
8LIONTRUST SPECIAL SITUATIONS I INC4.9%
9THREADNEEDLE UK EQUITY ALPHA INCOME Z INC GBP4.48%
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
Investment method
Mixed
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.
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.
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.
Compliance
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)2.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.37
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE28N
Data provided by

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