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
None
Quick stats
1 Year return
17.3%
1 Year rank in sector
32/82
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
£372m (£357m last year)
Top in this sector
Fund name1 Year
SEI Aggr30.4%
HSBC Pfl Wld Seltn 530.1%
NG MrnStr Gl Grth27.6%
Capital Group GAlcL27.1%
SEI Growth26.9%
...more in FO Mixed Asset - Aggressive

Performance snapshot

Holdings snapshot

  • UK25.9%
    USA22.6%
    Europe14.5%
    International9.4%
    Global Emerging Markets6.5%
  • Financials10.6%
    Information Technology9.7%
    Industrials7.8%
    Alternative Assets7.1%
    Consumer Discretionary6.7%
  • US Equities22.6%
    UK Equities20.7%
    European Equities14.5%
    International Equities9.4%
    Global Emerging Market Equities6.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%3.2%8%17.3%--
Sector1.4%2.3%7.8%14%16.2%43.2%
Rank within sector24 / 8432 / 8543 / 8332 / 82--
Quartile2nd2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund6.1%5.7%---
Sector5.8%6.8%0%4.6%11.4%
Rank within sector37 / 8343 / 75---
Quartile2nd3rd
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 high109.11
52 week low91.69
Current bid price-
Current offer price-
Current mid price108.8
Region
1UK25.89%
2USA22.57%
3Europe14.53%
4International9.4%
5Global Emerging Markets6.54%
6Not Specified5.51%
7Japan5.38%
8Asia Pacific ex Japan4.5%
9Money Market4.08%
Industry sector
1Financials10.55%
2Information Technology9.66%
3Industrials7.77%
4Alternative Assets7.13%
5Consumer Discretionary6.72%
6Health Care5.82%
7Fixed Interest4.54%
8Consumer Staples4.16%
9Consumer Services3.12%
Asset type
1US Equities22.57%
2UK Equities20.65%
3European Equities14.53%
4International Equities9.4%
5Global Emerging Market Equities6.54%
6Japanese Equities5.38%
7Asia Pacific ex Japan Equities4.5%
8Money Market4.08%
9UK Corporate Fixed Interest2.93%
Individual holdings
1SCHRODER ISF ASIAN TOTAL RETURN C DIS NAV GBP4.67%
2ISHARES CORE FTSE 100 UCITS ETF INC GBP4.61%
3ISHARES CORE FTSE 100 UCITS ETF INC GBP4.61%
4LIONTRUST SPECIAL SITUATIONS I INC4.57%
5BROWN ADVISORY US FLEXIBLE EQUITY C USD4.47%
6THREADNEEDLE UK EQUITY ALPHA INCOME Z INC GBP4.43%
7ARTEMIS US EXTENDED ALPHA I ACC GBP4.29%
8JUPITER EUROPEAN OPPORTUNITIES3.95%
9ISHARES VII PLC3.85%
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
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.
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
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 price108.8
CurrencyGBP
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE28N
VAM Close Brothers Growth A SGD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.95%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.17
CurrencySGD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC4SB
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)2.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.21
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNOXA
VAM Close Brothers Growth D GBP
Initial charge-
Annual charge0.85%
Min single investment£100,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.43
CurrencyGBP
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNSA8
VAM Close Brothers Growth D USD
Initial charge-
Annual charge0.85%
Min single investment£100,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.09
CurrencyUSD
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNSA9
Data provided by

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