Fact sheet: WAY Charteris Gd Prcsml

Fund information
Fund name
WAY Charteris Gold & Precious Metals Elite Inst Acc
Fund manager company
WAY Fund Managers
Fund type
OEIC
Fund managers
  • Ian Williamssince 01/02/2010
Fund objective
The objective of the Fund is to achieve capital growth.
Benchmark
  • IA Specialist Sector
Investment style
None
Investment method
Shares
Quick stats
1 Year return
109%
1 Year rank in sector
2/123
Sector
UT Specialist
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.
2.16%
Fund size
£17m (£2m 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.
322
Mid price
51.08
Top in this sector
Fund name1 Year
MFM Junior Gold123.8%
WAY Charteris Gd Prcsml109%
CF Ruffer Gold81.7%
Smith & Williamson GblGld&Res79.1%
Investec Global Gold74%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • Canada87.3%
    UK8.7%
    USA2.9%
    Money Market0.6%
    Australia0.3%
  • No data available.
  • International Equities99.4%
    Money Market0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-20.1%-17.4%15.1%109%26.6%-59.3%
Sector-3.5%-0.5%10%16%14.1%25.5%
Rank within sector119 / 124122 / 12534 / 1252 / 12326 / 11490 / 91
Quartile4th4th2nd1st1st4th
Calendar performance
 YTD - 20162015201420132012
Fund118.4%-29.1%-12.5%-54.2%-22%
Sector18%-4.5%1.2%4.5%7.5%
Rank within sector2 / 124115 / 119101 / 115103 / 10590 / 91
Quartile1st4th4th4th4th
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.
4.1
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.
2.9
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.
0.13
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%.
51.06
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.
45.31
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.
0.09
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.
0.32
Price movement
52 week high75.31
52 week low21.02
Current bid price-
Current offer price-
Current mid price51.08
Region
1Canada87.28%
2UK8.67%
3USA2.86%
4Money Market0.64%
5Australia0.25%
Industry sector
No data available.
Asset type
1International Equities99.36%
2Money Market0.64%
Individual holdings
1MAG SILVER CORP7.5%
2FORTUNA SILVER MINES INC6.9%
3SILVER WHEATON CORP6%
4TAHOE RESOURCES INC4.9%
5SILVER STANDARD RESOURCES INC4.5%
6AGNICO EAGLE MINES4.4%
7ENDEAVOUR SILVER CORP4.2%
8ALAMOS GOLD4%
9FIRST MAJESTIC SILVER CORP3.9%
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 capital growth.
Benchmark
  • IA Specialist Sector
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Ian Williams01/02/2010Ian Williams has spent the last 35 years as a specialist in Equity and Fixed Income markets, covering sales, research, market making and proprietary trading. He was a Member of the London Stock Exchange for many years before joining Chase Manhattan Bank (now JP Morgan). He subsequently worked for Dresdner Kleinwort Benson & Guinness Mahon (now Investec) before becoming Chairman & CEO of Charteris Treasury Portfolio Managers Ltd. The Funds run by Ian Williams include the soon to be launched Elite Charteris Strategic Fixed Income Fund, which uses a covered option writing strategy as part of the investment process combined with unique access to the proprietary, Giltsoft model developed by Gilt expert Patrick Phillips. This covered-call strategy is also applied to the Elite Charteris Premium Income Fund, which has a one-star rating by Morningstar and a Single Crown Rating from Trustnet. This equity fund invests solely in UK leading Blue Chip equities and is the longest living covered-call writing fund in the UK with a target yield of 6-7% per annum. Ian is also the investment manager of the WAY Charteris Gold & Precious Metals Fund which was launched in the first quarter of 2010 and is in the IMA UK specialist sector. In the first four months of trading, also was the number one fund against over 3,200 mutual funds across the UK. He has been a regular contributor to the national written press and various television networks including ”The Keiser Report” on RT, Bloomberg, CNBC, Reuters, BNN, Hargreaves Lansdown TV, SIPP TV & BBC Radio 4.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
WAY Charteris Gold & Precious Metals Elite E Acc
Initial charge2%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)2.41%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price116.78
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3RH
WAY Charteris Gold & Precious Metals Elite E Inc
Initial charge2%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)2.41%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price103.12
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI3RI
WAY Charteris Gold & Precious Metals Elite Inst Acc
Initial charge5.25%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)2.16%
Bid price-
Offer price-
Mid price51.08
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeICC2
WAY Charteris Gold & Precious Metals Elite Inst Inc
Initial charge5.25%
Annual charge1%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.16%
Total expense ratio (TER)2.16%
Bid price-
Offer price-
Mid price51.08
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeICC3
WAY Charteris Gold & Precious Metals Elite Ret Acc
Initial charge5.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)2.91%
Total expense ratio (TER)2.91%
Bid price-
Offer price-
Mid price48.53
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICC0
WAY Charteris Gold & Precious Metals Elite Ret Inc
Initial charge5.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)2.91%
Total expense ratio (TER)2.91%
Bid price-
Offer price-
Mid price48.66
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeICC1
WAY Charteris Gold & Precious Metals S
Initial charge2%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.41%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price137.23
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJY6J
WAY Charteris Gold & Precious Metals Way E Acc
Initial charge2%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)2.41%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price61.59
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI3RF
WAY Charteris Gold & Precious Metals Way E Inc
Initial charge2%
Annual charge1.25%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)2.41%
Total expense ratio (TER)2.41%
Bid price-
Offer price-
Mid price61.63
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI3RG
WAY Charteris Gold & Precious Metals Way Inst Acc
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIBH4
WAY Charteris Gold & Precious Metals Way Inst Inc
Initial charge-
Annual charge1%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.21%
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeIBH3
WAY Charteris Gold & Precious Metals Way Ret Acc
Initial charge5.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)2.91%
Total expense ratio (TER)2.91%
Bid price-
Offer price-
Mid price48.83
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIBH2
WAY Charteris Gold & Precious Metals Way Ret Inc
Initial charge5.25%
Annual charge1.75%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)2.91%
Total expense ratio (TER)2.91%
Bid price-
Offer price-
Mid price49.53
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIBE5
WAY Charteris Gold & Precious Metals Way T Inc
Initial charge2%
Annual charge1.55%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)2.71%
Total expense ratio (TER)2.71%
Bid price-
Offer price-
Mid price60.85
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI8JE
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.