Fact sheet: Waverton Cautious Income

Fund information
Fund name
Waverton Cautious Income P GBP
Fund manager company
Waverton Investment Management
Fund type
No data available.
Fund managers
  • John Bellamysince 03/10/2014
  • James Meesince 03/10/2014
Fund objective
The investment objective of the Waverton Cautious Income Fund is to provide holders with a reasonable level of income and maintain the real value of the capital over the medium to long term. The yield of the Fund may alter as interest rate and market conditions change.
Benchmark
  • Waverton Cautious Index
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
16.2%
1 Year rank in sector
21/152
Sector
FO Mixed Asset - Flexible
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.
1.27%
Fund size
£32m (£19m 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.
46
Top in this sector
Fund name1 Year
Investec EmrgMktsMA34.3%
Smith & Williamson Md-OcnWdInv32.3%
HSBC Pfl World Seltn 428.8%
GaveKal Asian Opp UCITS26.7%
Pioneer FlxOpprt25.8%
...more in FO Mixed Asset - Flexible

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • International Equities50%
    Alternative Assets24.5%
    Global Fixed Interest20.2%
    Money Market5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%0.7%4.9%16.2%--
Sector0.9%1.7%5.6%8.4%10.7%27%
Rank within sector83 / 166118 / 16596 / 16121 / 152--
Quartile2nd3rd3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund2.8%12.6%3.6%--
Sector4.3%3.4%-0.1%5%6.8%
Rank within sector116 / 16417 / 13828 / 114--
Quartile3rd1st1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high11.51
52 week low10.09
Current bid price-
Current offer price-
Current mid price11.28
Region
No data available.
Industry sector
No data available.
Asset type
1International Equities50%
2Alternative Assets24.5%
3Global Fixed Interest20.2%
4Money Market5.3%
Individual holdings
1POWER SHARES HIGH DIVIDEND LOW VOL (UCITS)9.1%
2SSGA SPDR S&P US DIVIDEND ARISTOCRATS US$6.4%
3SCHRODER EUROPEAN ALPHA INCOME Z INC5.8%
4GCP STUDENT LIVING PLC5.3%
5RWC GLOBAL ENHANCED DIVIDEND FUND B DIST (INSTITUTIONAL)5.2%
6GUINNESS GLOBAL EQUITY INCOME FUND 'Z'5.1%
7MORANT WRIGHT NIPPON YIELD FUND 'B' £ INC5.1%
8AVIVA MULTI-STRATEGY TARGET INCOME FUND3.9%
9SOMERSET EMERGING MARKETS DIVIDEND GROWTH A FUND INC3.9%
Management
Fund manager group
Waverton Investment Management
Fund manager company
Waverton Investment Management
Fund type
No data available.
Fund objective
The investment objective of the Waverton Cautious Income Fund is to provide holders with a reasonable level of income and maintain the real value of the capital over the medium to long term. The yield of the Fund may alter as interest rate and market conditions change.
Benchmark
  • Waverton Cautious Index
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
John Bellamy03/10/2014John joined Buckmaster and Moore in 1982 which was acquired by Credit Suisse in 1987. John's role is as a Private Client Portfolio Manager and he has over 15 years of experience with Private Clients, Trusts and Charities. John transferred from Credit Suisse to JOHIM in 2007. He has a Securities Industry Diploma and is a Director of JOHIM.
James Mee03/10/2014James joined the company in September 2012 as an Assistant Portfolio Manager for the Managed Portfolio Service Team.  He is now the lead manager of the Waverton Cautious Income Fund and sits on the Macro Research Team contributing macro analysis and reports to the Asset Allocation Committee. James graduated from Bristol University in 2012 with a degree in Law and is a CFA charterholder. In May 2016 he won the WealthBriefing European Rising Star Award.
Compliance
IA Recognised, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Waverton Cautious Income B GBP
Initial charge5%
Annual charge0.75%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.61%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.11
CurrencyGBP
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKV3N
Waverton Cautious Income P GBP
Initial charge5%
Annual charge0.4%
Min single investment£1,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.28
CurrencyGBP
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKV4E
Data provided by

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