Fact sheet: Vanguard US Discoveries

Fund information
Fund name
Vanguard US Discoveries Inv USD
Fund manager company
Vanguard Group Inc (IRL)
Fund type
OEIC
Fund managers
  • The Vanguard Group, Incsince 07/01/2004
  • Granahan Investment Management, Inc.since 07/01/2004
Fund objective
The fund seeks to provide long-term capital growth.
Benchmark
  • Russell Microcap Growth Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
12.8%
1 Year rank in sector
19/31
Sector
FO Equity - Small Cap USA
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.
0.85%
Fund size
£108m (£129m 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.
164
Top in this sector
Fund name1 Year
GS US Sml Cap CORE Eq Pfl40.6%
SEI US Sm Cos35.5%
LM Royce US SCapOpp25.4%
RBC (Lux) USSMCapEq23.8%
Dimensional US Small Cos21.6%
...more in FO Equity - Small Cap USA

Performance snapshot

Holdings snapshot

  • USA87.4%
    International8.8%
    Money Market3.3%
    Israel0.5%
  • Health Care38.9%
    Industrials23.6%
    Information Technology15.6%
    Consumer Discretionary8.8%
    Money Market3.3%
  • US Equities87.4%
    International Equities8.8%
    Money Market3.3%
    Israeli Equities0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund12.9%4%14.6%12.8%15.1%108.6%
Sector12%6%12.9%14.3%21.8%82.5%
Rank within sector13 / 3426 / 3411 / 3219 / 3120 / 255 / 24
Quartile2nd4th2nd3rd4th1st
Calendar performance
 YTD - 20162015201420132012
Fund14.7%-8.6%5.2%56.9%20.9%
Sector17.9%-4.1%4.8%37.9%11.8%
Rank within sector22 / 3123 / 2711 / 251 / 252 / 24
Quartile3rd4th2nd1st1st
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.
-3.05
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.
1.2
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.
0.01
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%.
17.96
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.
6.77
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.
-0.34
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.
0.89
Price movement
52 week high346.42
52 week low235.58
Current bid price-
Current offer price-
Current mid price345.74
Region
1USA87.42%
2International8.8%
3Money Market3.3%
4Israel0.48%
Industry sector
1Health Care38.87%
2Industrials23.59%
3Information Technology15.57%
4Consumer Discretionary8.8%
5Money Market3.3%
6Real Estate3.29%
7Consumer Staples2.51%
8Financials2.32%
9Materials1.16%
Asset type
1US Equities87.42%
2International Equities8.8%
3Money Market3.3%
4Israeli Equities0.48%
Individual holdings
1MODINE MANUFACTURING CO3.5%
2HUDSON TECHNOLOGIES INC3.2%
3EXACT SCIENCES CORP3.1%
4SODASTREAM INTERNATIONAL LTD3%
5NEOGENOMICS INC2.9%
6TASER INTERNATIONAL INC2.8%
7Kaman Corp ORD2.6%
8CALAVO GROWERS INC2.5%
9CARDIOVASCULAR SYSTEMS INC2.4%
Management
Fund manager group
Vanguard
Fund manager company
Vanguard Group Inc (IRL)
Fund type
OEIC
Fund objective
The fund seeks to provide long-term capital growth.
Benchmark
  • Russell Microcap Growth Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
The Vanguard Group, Inc07/01/2004
Granahan Investment Management, Inc.07/01/2004
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Denmark, Spain, Finland, France, United Kingdom, Ireland, Iceland, Luxembourg, Netherlands, Offshore, Sweden
Vanguard US Discoveries Inv GBP
Initial charge-
Annual charge0.85%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price273.0464
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE8P6
Vanguard US Discoveries Inv USD
Initial charge-
Annual charge0.85%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)0.85%
Bid price-
Offer price-
Mid price345.7357
CurrencyUSD
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeVH73
Data provided by

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