Fact sheet: VT Garraway UK Equity Market

Fund information
Fund name
VT Garraway UK Equity Market I Acc
Fund manager company
Garraway Capital Management LL
Fund type
OEIC
Fund managers
  • David Urchsince 28/05/2012
  • Tim Hallsince 28/05/2012
Fund objective
The aim of the Fund is to provide a combination of capital growth and income.
Benchmark
  • FTSE 350
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-3%
1 Year rank in sector
258/277
Sector
UT UK All Companies
Yield
3.1%
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.
1.13%
Fund size
£66m (£50m last year)
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.
78
Mid price
182.9167
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry44%
Schroder Recovery20.2%
UBS UK Opportunities19.9%
Charity Equity18.1%
R&M UK Equity Long Term Recovery17.8%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.4%-6.8%0.4%-3%11.7%-
Sector-0.5%0.5%7.6%6.1%14%60.7%
Rank within sector283 / 284280 / 283253 / 280258 / 277174 / 263-
Quartile4th4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-2.3%4.8%6.7%26.3%-
Sector7%3.7%0.6%25.7%14.8%
Rank within sector254 / 278128 / 26925 / 264124 / 257-
Quartile4th2nd1st2nd
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.
1.75
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.
0.85
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.
0.29
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%.
8.73
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.
3.63
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.
0.28
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.
0.85
Price movement
52 week high205.61
52 week low172.41
Current bid price-
Current offer price-
Current mid price182.92
Region
1UK87.26%
2Ireland6.13%
3Jersey5.16%
4Money Market1.45%
Industry sector
No data available.
Asset type
1UK Equities100%
Individual holdings
1GLAXOSMITHKLINE7.78%
2BRITISH AMERICAN TOBACCO6.6%
3CRH6.13%
4WOOD GROUP(JOHN)4.87%
5ROYAL DUTCH SHELL4.57%
6NATIONAL GRID4.29%
7STANDARD CHARTERED4.25%
8BP3.98%
9FRESNILLO PLC3.91%
Management
Fund manager group
No data available.
Fund manager company
Garraway Capital Management LL
Fund type
OEIC
Fund objective
The aim of the Fund is to provide a combination of capital growth and income.
Benchmark
  • FTSE 350
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
David Urch28/05/2012David is the lead fund manager of the VT Garraway UK Equity Market Fund (since its launch in May 2012) and the Onyx Fund (since its launch in September 2014). An experienced investor, he has a record of 18 years of running specialist high performance UK mandates. David worked for a number of leading firms before founding Oriel Asset Management in 2009, where he was later joined by Tim Hall in 2011. David moved to EEA Fund Management in October 2013 with co-manager Tim and the Fund. David and Tim were an integral part of the team which formed Garraway Capital Management in May 2015. David graduated from the University of Edinburgh with an MA (Hons) in Politics and Modern History.
Tim Hall28/05/2012Tim works with David Urch on the management of the VT Garraway UK Equity Market Fund. He chairs the weekly portfolio meetings, where decisions on stock and sector exposure and portfolio charecteristics are assessed. Tim previously worked alongside David at Oriel Asset Management, where he was Partner and Chairman. He spent much of his career at Martin Currie, where his roles included managing UK equities, helping establish a global client service offering and overseeing teams dedicated to institutional sales, trading and risk. His experience at board level is reflected in a number of non-executive roles and the chairing of major charitable foundations. His investment career has spanned three decades.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
VT Garraway UK Equity Market F Acc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price185.633
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJS9O
VT Garraway UK Equity Market F Inc
Initial charge-
Annual charge0.75%
Min single investment£1,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.83%
Bid price-
Offer price-
Mid price163.6967
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJS9P
VT Garraway UK Equity Market I Acc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price182.9167
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code11WH
VT Garraway UK Equity Market I Inc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.33%
Bid price-
Offer price-
Mid price159.9533
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code11WI
VT Garraway UK Equity Market R Acc
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price178.4976
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code11WF
VT Garraway UK Equity Market R Inc
Initial charge-
Annual charge1.75%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.83%
Bid price-
Offer price-
Mid price155.8687
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code11WG
Data provided by

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