Fact sheet: Wellington MltAstAbRt

Fund information
Fund name
Wellington Multi-Asset Absolute Return D Unhedged Acc USD
Fund manager company
Wellington Management Funds
Fund type
OEIC
Fund managers
  • Stephen A. Gormansince 28/11/2012
Fund objective
The Wellington Multi-Asset Absolute Return Fund seeks absolute returns above a cash benchmark over the medium to long term. The Investment Manager will actively manage the Fund, seeking to achieve its objective by investing on a long and/or short basis either directly or via derivatives in a broad range of asset classes and geographies. The Bank of America Merrill Lynch USD LIBOR 3-Month Constant Maturity Total Return index will serve as the cash benchmark.
Benchmark
  • BofA ML 3 Mo UK LIBOR
Investment style
Absolute Return,Flexible,Active
Investment method
None
Quick stats
1 Year return
2.3%
1 Year rank in sector
67/132
Sector
FO Absolute Return
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.
1.7%
Fund size
£155m (£133m 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.
27
Top in this sector
Fund name1 Year
SW Mitchell Emerging European27.9%
SWMC UK22.8%
Polar Capital UK Abs Eq21.3%
SWMC European17.5%
F&C Ml Strat Gbl Eq16.5%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%0.4%2.3%--
Sector0.3%1%1.2%2.7%3.5%9.3%
Rank within sector93 / 14871 / 14889 / 13867 / 132--
Quartile3rd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.4%0.7%-0.8%--
Sector1.4%0.7%0.7%1.2%3.6%
Rank within sector63 / 14663 / 12762 / 112--
Quartile2nd2nd3rd
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 high10.22
52 week low9.82
Current bid price-
Current offer price-
Current mid price10.15
Region
1International100%
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Wellington Mgmt Portfolios
Fund manager company
Wellington Management Funds
Fund type
OEIC
Fund objective
The Wellington Multi-Asset Absolute Return Fund seeks absolute returns above a cash benchmark over the medium to long term. The Investment Manager will actively manage the Fund, seeking to achieve its objective by investing on a long and/or short basis either directly or via derivatives in a broad range of asset classes and geographies. The Bank of America Merrill Lynch USD LIBOR 3-Month Constant Maturity Total Return index will serve as the cash benchmark.
Benchmark
  • BofA ML 3 Mo UK LIBOR
Investment style
Absolute Return,Flexible,Active
Investment method
None
Fund managers
NameSinceBiography
Stephen A. Gorman28/11/2012
Compliance
Transparent for German 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, Italy, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Wellington Multi-Asset Absolute Return D Unhedged Acc USD
Initial charge-
Annual charge0.7%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price10.15
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKQMN
Wellington Multi-Asset Absolute Return N Unhedged Acc USD
Initial charge-
Annual charge0.7%
Min single investment£5,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price10.34
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKQMO
Wellington Multi-Asset Absolute Return S Hedged Acc EUR
Initial charge-
Annual charge0.7%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10
CurrencyEUR
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNH2N
Wellington Multi-Asset Absolute Return S Hedged Acc GBP
Initial charge-
Annual charge0.7%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.43
CurrencyGBP
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI1IB
Wellington Multi-Asset Absolute Return S Unhedged Acc USD
Initial charge-
Annual charge0.7%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.85%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.34
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKTAR
Wellington Multi-Asset Absolute Return T Hedged Acc AUD
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.58
CurrencyAUD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMW3G
Wellington Multi-Asset Absolute Return T Hedged Acc GBP
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.09
CurrencyGBP
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIMU
Wellington Multi-Asset Absolute Return T Unhedged Acc USD
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.24
CurrencyUSD
Price updated25/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJOMQ
Data provided by

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