Fact sheet: Waverton Global Equity

Fund information
Fund name
Waverton Global Equity A GBP
Fund manager company
Waverton Investment Management
Fund type
OEIC
Fund managers
  • Katrina Norrissince 23/01/2017
  • George Palmersince 23/01/2017
Fund objective
The investment objective of the fund is to achieve returns in excess of the MSCI World NR through investment in a focused selection of equities on a global basis.
Benchmark
  • MSCI World
Investment style
Concentrated,Active,Growth
Investment method
Shares
Quick stats
1 Year return
40.3%
1 Year rank in sector
-
Sector
FO Equity - International
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.
1.21%
Fund size
£75m (£51m 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.
100
Top in this sector
Fund name1 Year
Heptagon Kprnk GblAlCpEq68.3%
Dodge & Cox Gbl Stk59.4%
RWC Global Horizon53.2%
Orbis SICAV Global Equity53.1%
SKAGEN Focus51.2%
...more in FO Equity - International

Performance snapshot

Holdings snapshot

  • USA54.1%
    Germany8.5%
    Japan8%
    Canada6.6%
    Switzerland5.1%
  • Industrials19.5%
    Financials17.9%
    Information Technology15.3%
    Consumer Discretionary13.8%
    Health Care9.7%
  • US Equities54.1%
    German Equities8.5%
    Japanese Equities8%
    Canadian Equities6.6%
    Swiss Equities5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%6.3%10.3%40.3%43.8%73.6%
Sector2.4%7.4%6.8%22.7%20.6%51.2%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund2.6%30.9%-5.5%12.3%24%
Sector4.3%7.9%0.7%6%21.3%
Rank within sector-----
Quartile
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.
8.12
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.
0.72
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.
0.88
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%.
10.59
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.
8.55
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.
0.7
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.
0.41
Price movement
52 week high18.5
52 week low13.23
Current bid price-
Current offer price-
Current mid price18.36
Region
1USA54.1%
2Germany8.5%
3Japan8%
4Canada6.6%
5Switzerland5.1%
6France4.5%
7Ireland3.7%
8Money Market2.9%
9Sweden2.8%
Industry sector
1Industrials19.5%
2Financials17.9%
3Information Technology15.3%
4Consumer Discretionary13.8%
5Health Care9.7%
6Materials9.5%
7Consumer Staples6.1%
8Energy5.3%
9Money Market2.9%
Asset type
1US Equities54.1%
2German Equities8.5%
3Japanese Equities8%
4Canadian Equities6.6%
5Swiss Equities5.1%
6French Equities4.5%
7Irish Equities3.7%
8Money Market2.9%
9Swedish Equities2.8%
Individual holdings
1BERKSHIRE HATHAWAY INC5.2%
2OLD DOMINION FREIGHT LINE INC4.3%
3OMNICOM GROUP INC4.3%
4WELLS FARGO & CO4.1%
5AON PLC3.9%
6TAIWAN SEMICONDUCTOR MANUFACTURING3.9%
7UNION PACIFIC CORP3.9%
8BECHTLE AG3.7%
9CRH3.7%
Management
Fund manager group
Waverton Investment Management
Fund manager company
Waverton Investment Management
Fund type
OEIC
Fund objective
The investment objective of the fund is to achieve returns in excess of the MSCI World NR through investment in a focused selection of equities on a global basis.
Benchmark
  • MSCI World
Investment style
Concentrated,Active,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Katrina Norris23/01/2017Katrina joined the company in 2006 to manage specialist European and international portfolios. She chairs the Stock Selection Committee, is a member of the Charity Investment Committee and manages a number of global and multi-asset class Charity and Private Client portfolios. She was previously a Managing Director at Deutsche Asset Management, responsible for managing two pan-European hedge funds, having joined the Group in 1993. During this time she was also responsible for managing the European assets of UK pension funds and charities, working in both London and Frankfurt. Katrina graduated from Exeter University in 1993 and is a Chartered Member of the Chartered Institute for Securities & Investment (CISI).
George Palmer23/01/2017George joined Waverton in March 2014 to work on global mandates for both UK and International clients. He covers global equities but with a focus on Japan and the US. Prior to this, George worked for Grant Thornton where he spent 5 years advising asset managers and other financial services businesses on taxation, acquisitions and structuring. George is a CFA charterholder, Chartered Accountant (ACA) and also holds the Chartered Institute for Securities & Investment (CISI) Investment Management Certificate. He graduated from Leeds University with a degree in Philosophy and Politics.
Compliance
IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, Spain, United Kingdom, Ireland, Offshore
Waverton Global Equity A GBP
Initial charge5%
Annual charge1%
Min single investment£1,500
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price18.36
CurrencyGBP
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW760
Waverton Global Equity A USD
Initial charge-
Annual charge1%
Min single investment£2,500
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price22.98
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAKO0
Waverton Global Equity A USD GBP
Initial charge-
Annual charge1%
Min single investment£2,500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.21%
Total expense ratio (TER)1.24%
Bid price-
Offer price-
Mid price18.51
CurrencyGBP
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMVLX
Waverton Global Equity B USD
Initial charge-
Annual charge1.5%
Min single investment£2,500
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)1.72%
Total expense ratio (TER)2.02%
Bid price-
Offer price-
Mid price11.14
CurrencyUSD
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW762
Waverton Global Equity B USD GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.72%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price8.97
CurrencyGBP
Price updated17/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNAWK
Data provided by

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