Fact sheet: Wells Fargo WW USD Sht Tm MM

Fund information
Fund name
Wells Fargo Worldwide US Dollar Short Term Money Market Service USD
Fund manager company
Wells Fargo
Fund type
Offshore Fund
Fund managers
  • Michael C. Birdsince 01/11/2013
  • David Sylvestersince 19/06/2011
  • Laurie R. Whitesince 30/09/2013
Fund objective
The Fund seeks current income, while preserving capital and liquidity.
Benchmark
  • Barclays U.S. Treasury Bellwethers 3 Month
Investment style
Liquidity
Investment method
Mixed
Quick stats
1 Year return
0.1%
1 Year rank in sector
40/56
Sector
FO Currency - US Dollar
Yield
0.2%
Fund size
£1,151m (£973m 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.
73
Top in this sector
Fund name1 Year
Schroder ISF USD Lq2.4%
BlackRock ICSInt$UlStBd1%
Amundi Cash USD0.8%
CMI US Dollar Currency Reserve0.8%
JPM Mangd Resrv0.7%
...more in FO Currency - US Dollar

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0%0%0.1%0.1%0.1%
Sector0.1%0.1%0.2%0.4%0.4%0.7%
Rank within sector35 / 5935 / 5939 / 5840 / 5635 / 5035 / 47
Quartile3rd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund0.1%0%0%0%-
Sector0.3%0.1%-0%-0.1%0.4%
Rank within sector40 / 5630 / 5325 / 5029 / 4936 / 47
Quartile3rd3rd2nd3rd4th
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.
0.01
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.
0.08
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%.
0.01
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.
0.08
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.
-1.46
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.
0.38
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
No data available.
Industry sector
1Cash - 0 to 30 Days71.15%
2Cash - 30 to 90 Days23.08%
3Cash - 90 to 180 Days5.77%
Asset type
1Money Market100%
Individual holdings
No data available.
Management
Fund manager group
Wells Fargo
Fund manager company
Wells Fargo
Fund type
Offshore Fund
Fund objective
The Fund seeks current income, while preserving capital and liquidity.
Benchmark
  • Barclays U.S. Treasury Bellwethers 3 Month
Investment style
Liquidity
Investment method
Mixed
Fund managers
NameSinceBiography
Michael C. Bird01/11/2013
David Sylvester19/06/2011David Sylvester began his investment industry career in 1974 and currently manages the Wells Capital Management money market management team. In this role, he specializes in managing short duration fixed income assets. David started his career as a fixed income manager at the National Bank of Detroit, Mich. In 1979 he joined Norwest Corporation, which later merged with Wells Fargo, as a fixed income portfolio manager and trader. He eventually became manager of the fixed income institutional group. David began to specialize in short-term investments in 1987. He attended the University of Detroit–Mercy and is currently a member of the advisory board of the Money Fund Report.
Laurie R. White30/09/2013
Compliance
Transparent for Austrian Tax, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Republic Of Korea, Luxembourg, Netherlands, Norway, Offshore, Singapore, Sweden
Wells Fargo Worldwide US Dollar Short Term Money Market A USD
Initial charge-
Annual charge1.2%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.2%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeF5OK
Wells Fargo Worldwide US Dollar Short Term Money Market I USD
Initial charge-
Annual charge0.2%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code118N
Wells Fargo Worldwide US Dollar Short Term Money Market Service USD
Initial charge-
Annual charge0.45%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code118O
Data provided by

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