Fact sheet: VT Turcan Connell Growth Portfolio

Fund information
Fund name
VT Turcan Connell Growth Portfolio
Fund manager company
Valu-Trac Investment Managemen
Fund type
OEIC
Fund manager
  • Haig Bathgatesince 01/01/2009
Fund objective
To provide long-term capital and income growth from a global portfolio of equities, bonds and collective investment schemes. There may be occasions when the investment managers choose to hold a high level of cash or money market instruments. There will be no particular emphasis on any geographical area or any industrial or economic sector.
Benchmark
  • MSCI World All Cap
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
25.9%
1 Year rank in sector
103/245
Sector
UT Flexible Investment
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.
1.62%
Fund size
£33m (£26m 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.
67
Mid price
123.647
Top in this sector
Fund name1 Year
M&G Managed Growth46.8%
TB Wise Investment39.7%
CF Ruffer Japanese39.4%
CF IM Global Strategy38.7%
Invesco Perp Managed Growth37.9%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • UK57.9%
    Ireland25.3%
    Luxembourg8.7%
    Guernsey4.6%
    Money Market3.4%
  • No data available.
  • International Equities59.1%
    UK Equities17%
    Alternative Assets13.2%
    Property6.4%
    Money Market4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%5.8%7.5%25.9%26.6%53.1%
Sector0.7%5.7%5.5%22.5%24.6%45.9%
Rank within sector154 / 254140 / 25264 / 249103 / 245105 / 19372 / 162
Quartile3rd3rd2nd2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.4%15.2%2.8%6%16.1%
Sector2.6%12.8%2%4.9%14.1%
Rank within sector149 / 25295 / 23590 / 21376 / 19178 / 180
Quartile3rd2nd2nd2nd2nd
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.
-0.3
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.
1.06
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.
0.54
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%.
8.56
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.
2.77
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.
0.05
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.
0.9
Price movement
52 week high123.83
52 week low98.74
Current bid price-
Current offer price-
Current mid price123.65
Region
1UK57.87%
2Ireland25.32%
3Luxembourg8.73%
4Guernsey4.65%
5Money Market3.42%
Industry sector
No data available.
Asset type
1International Equities59.07%
2UK Equities16.97%
3Alternative Assets13.23%
4Property6.35%
5Money Market4.33%
6Options0.05%
Individual holdings
1FINDLAY PARK AMERICAN USD9.94%
2CF ODEY OPUS INST INC8.83%
3SCHRODER INVESTMENT MANAGEMENT(LUX)8.73%
4M&G GLOBAL DIVIDEND I INC GBP8.57%
5GLG JAPAN COREALPHA EQUITY I H GBP8.52%
6VT STRATEGIC VALUE INC8.06%
7NEPTUNE EUROPEAN OPPORTUNITIES C INC GBP7.44%
8ARTISAN GLOBAL VALUE I GBP6.86%
9Drum Income Plus Reit PLC Ord 10p6.22%
Management
Fund manager group
Valu-Trac Invest Mgmt
Fund manager company
Valu-Trac Investment Managemen
Fund type
OEIC
Fund objective
To provide long-term capital and income growth from a global portfolio of equities, bonds and collective investment schemes. There may be occasions when the investment managers choose to hold a high level of cash or money market instruments. There will be no particular emphasis on any geographical area or any industrial or economic sector.
Benchmark
  • MSCI World All Cap
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Haig Bathgate01/01/2009Haig is responsible for leading the Turcan Connell investment strategy and investment research processes. He is the lead manager of the CF TC Investment Funds. In addition to driving broad level asset allocation he also has specific research responsibility for hedge funds, UK equity funds and fixed income investments. He chairs the Asset Allocation & Implementation Committee, sits on the Investment Advisory Board and the Tax Efficient Schemes and Investments Committee.Haig joined Turcan Connell in 1997 as a Trainee Investment Manager. He was promoted to Investment Manager in 2000, Senior Investment Manager in 2003 and Investment Director in 2006. At the start of 2009, Haig was promoted to Principal and took leadership of Turcan Connell’s investment process. In April 2010, Haig assumed the role of Chief Investment Officer.Haig is a regular contributor to the Financial Times and has appeared on CNBC and Jeff Randall Live on Sky News among others.Qualifications are BA in Business Management from Heriot-Watt University,MSc in Investment Analysis from Stirling University,Chartered Financial Analyst and member of the CFA Institute.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
VT Turcan Connell Growth Portfolio
Initial charge-
Annual charge0.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.62%
Total expense ratio (TER)1.62%
Bid price-
Offer price-
Mid price123.647
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQI63
Data provided by

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