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
31.4%
1 Year rank in sector
2/31
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
£136m (£106m 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.
163
Top in this sector
Fund name1 Year
GS US Sml Cap CORE Eq Pfl39.1%
SEI US Sm Cos36.5%
Vanguard US Discoveries31.4%
JPM US SmalCap Gth29.6%
LM Royce US SCapOpp29.2%
...more in FO Equity - Small Cap USA

Performance snapshot

Holdings snapshot

  • USA91.8%
    Others4.2%
    Israel2.6%
    Money Market1.4%
  • Health Care36.3%
    Industrials28.3%
    Information Technology18.1%
    Consumer Discretionary5.3%
    Real Estate4.3%
  • US Equities91.8%
    International Equities4.2%
    Israeli Equities2.6%
    Money Market1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%2.4%5.2%31.4%10.6%91.4%
Sector-3.6%-0.5%6.7%21.3%15.9%64.4%
Rank within sector3 / 355 / 3522 / 332 / 3119 / 264 / 24
Quartile1st1st3rd1st3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund2.4%15.5%-8.6%5.2%56.9%
Sector0.1%18.3%-4.1%4.8%37.9%
Rank within sector10 / 3520 / 3023 / 2711 / 251 / 25
Quartile2nd3rd4th2nd1st
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.
-2.81
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.
1.22
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.
0.05
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%.
17.84
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.
6.75
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.
-0.29
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 high365.99
52 week low262.42
Current bid price-
Current offer price-
Current mid price355.52
Region
1USA91.8%
2Others4.24%
3Israel2.56%
4Money Market1.4%
Industry sector
1Health Care36.28%
2Industrials28.3%
3Information Technology18.14%
4Consumer Discretionary5.32%
5Real Estate4.34%
6Financials2.56%
7Consumer Staples1.77%
8Materials1.48%
9Money Market1.4%
Asset type
1US Equities91.8%
2International Equities4.24%
3Israeli Equities2.56%
4Money Market1.4%
Individual holdings
1EXACT SCIENCES CORP3.5%
2BROOKS AUTOMATION INC3.4%
3TENNANT CO3.2%
4RUSH ENTERPRISES INC3.1%
5Kaman Corp ORD3%
6NEOGENOMICS INC2.9%
7Lawson Products Inc ORD2.7%
8CYNOSURE INC2.6%
9INVACARE CORP2.6%
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 V 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 price283.7979
CurrencyGBP
Price updated22/03/2017
TypeIncome
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 price355.5168
CurrencyUSD
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeVH73
Data provided by

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