Fact sheet: WAY Absolute Return Pfl

Fund information
Fund name
WAY Absolute Return Portfolio E Acc
Fund manager company
WAY Fund Managers
Fund type
OEIC
Fund manager
  • Roderick Collinssince 29/07/2010
Fund objective
The objective of the Fund is to achieve long term capital appreciation in the form of a positive absolute return for investors in all market conditions on a 12 month basis. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over the 12 month period or in respect of any other period.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Flexible
Investment method
None
Quick stats
1 Year return
4%
1 Year rank in sector
20/72
Sector
UT Targeted Absolute Return
Yield
2.2%
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.
1.04%
Fund size
£18m (£10m 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.
38
Mid price
116.7
Top in this sector
Fund name1 Year
Majedie Tortoise25.5%
Jupiter Absolute Return11.9%
CF Ruffer Absolute Return9.7%
7IM Unconstrained9.6%
IFSL Brooks Macdonald DC8.6%
...more in UT Targeted Absolute Return

Performance snapshot

Holdings snapshot

  • No data available.
  • Hedge31.1%
    Fixed Interest26.5%
    Others23.3%
    Asset/Mortgage-Backed Securities15.5%
    Money Market3.6%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%0.7%5.7%4%5.1%23.8%
Sector-0.2%-0.1%1.3%0.4%6%15.4%
Rank within sector54 / 7426 / 7411 / 7220 / 7233 / 5815 / 47
Quartile3rd2nd1st2nd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.6%-3.2%3.5%11.3%6.3%
Sector0.3%2.2%2.5%6.5%3.3%
Rank within sector15 / 7263 / 6728 / 5814 / 5318 / 47
Quartile1st4th2nd2nd2nd
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.
-0.09
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.
1.05
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
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%.
3.78
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.
3.25
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.
-0.01
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.
0.26
Price movement
52 week high118.76
52 week low106.78
Current bid price-
Current offer price-
Current mid price116.7
Region
No data available.
Industry sector
1Hedge31.1%
2Fixed Interest26.5%
3Others23.3%
4Asset/Mortgage-Backed Securities15.5%
5Money Market3.6%
Asset type
No data available.
Individual holdings
1ETHIKA SUSTAINABLE IMPACT FUND GBP CLASS B14.59%
2EUROPEAN INV GRADE PROPERTIES PLC 6.5% UNSEC BDS 31/03/23 GBP10000011.34%
3CARPE VALOREM 7% BDS 12/05/219.3%
4DIVERSIFIED GAS & OIL PLC 8.5% BDS 31/12/19 GBP18.62%
5JPMORGAN AMERICAN IT7.35%
6THE NORTH AMERICAN INCOME TRUST PLC ORD 25P7.28%
7JPM JP MORGAN EUROPEAN IT GROWTH5.4%
8TR PROPERTY INVESTMENT TRUST PLC5.01%
9VANGUARD S&P 500 UCITS ETF USD4.72%
Management
Fund manager group
WAY Fund Managers
Fund manager company
WAY Fund Managers
Fund type
OEIC
Fund objective
The objective of the Fund is to achieve long term capital appreciation in the form of a positive absolute return for investors in all market conditions on a 12 month basis. Capital invested in the Fund is at risk and there is no guarantee that the investment objective will be met over the 12 month period or in respect of any other period.
Benchmark
  • No Specified Index
Investment style
Absolute Return,Flexible
Investment method
None
Fund manager
NameSinceBiography
Roderick Collins29/07/2010A founding partner of Hasley Investment Management.Held senior management roles with NM Rothschild and James Capel. He was the Chief Executive of the private banking activities of Matheson & Co, 1985 - 2000.He sits on the board of an investment trust managed by JP Morgan. Absolute Return sector specialist.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
WAY Absolute Return Portfolio A Inc
Initial charge5.25%
Annual charge1.5%
Min single investment£50,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)2.04%
Total expense ratio (TER)2.04%
Bid price-
Offer price-
Mid price115.9
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKMD0
WAY Absolute Return Portfolio E Acc
Initial charge2%
Annual charge0.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price116.7
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3MZ
WAY Absolute Return Portfolio E Inc
Initial charge2%
Annual charge0.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.04%
Total expense ratio (TER)1.04%
Bid price-
Offer price-
Mid price112.4
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI3NA
WAY Absolute Return Portfolio Retail Acc
Initial charge5.25%
Annual charge1%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price119.65
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKMC7
WAY Absolute Return Portfolio Retail Inc
Initial charge5.25%
Annual charge1%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price119.93
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKMC8
WAY Absolute Return Portfolio S
Initial charge2%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.54%
Total expense ratio (TER)1.54%
Bid price-
Offer price-
Mid price101.06
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJY6A
WAY Absolute Return Portfolio T Inc
Initial charge2%
Annual charge0.8%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.34%
Bid price-
Offer price-
Mid price111.42
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI8JD
WAY Absolute Return Portfolio Z Acc
Initial charge1%
Annual charge0.85%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price99.89
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCUS
WAY Absolute Return Portfolio Z Inc
Initial charge1%
Annual charge0.85%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.39%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price99.89
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNCUT
Data provided by

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