Fact sheet: Wtn IT plc

Fund information
Fund name
Witan Investment Trust plc
Fund manager company
Witan
Fund type
Investment Trust
Fund managers
  • Andrew Bellsince 31/03/2010
Accolades
Fund objective
Long-term growth in income and capital through active investment in global equities, using a multi-manager approach.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Quick stats
1 Year return
10.1%
1 Year rank in sector
13/24
Sector
IT Global
Yield
2.1%
Fund size
£1,560m
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.
87
Mid price
851.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
901.08
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-5.50
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
113
Top in this sector
Fund name1 Year
Lindsell Train IT plc57.6%
British Empire Trust plc34.3%
Monks IT PLC27%
The Scottish Inv Tst PLC24.2%
JPM Gbl Grw&Inc plc22.2%
...more in IT Global

Performance snapshot

Holdings snapshot

  • UK39%
    North America26%
    Europe16%
    Far East12%
    Japan6%
  • Financials26.1%
    Consumer Services17.6%
    Consumer Goods13.6%
    Industrials13.2%
    Others9.9%
  • UK Equities39%
    North American Equities26%
    European Equities16%
    Asia Pacific Equities12%
    Japanese Equities6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%2.7%15%10.1%41.1%113.2%
Sector-0.4%3.4%16%15.4%32.5%76.9%
Rank within sector6 / 2413 / 2414 / 2413 / 2410 / 244 / 24
Quartile1st3rd3rd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund11.8%5.7%15.1%36.7%14.7%
Sector15.2%6.8%7.4%21%12%
Rank within sector14 / 2414 / 244 / 243 / 2413 / 24
Quartile3rd3rd1st1st3rd
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.
1.94
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.
0.97
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.
0.89
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%.
9.37
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.
4.83
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.
0.32
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.
0.73
Price movement
52 week high868
52 week low683
Current bid price851
Current offer price855
Current mid price851.5
Region
1UK39%
2North America26%
3Europe16%
4Far East12%
5Japan6%
6Others1%
Industry sector
1Financials26.1%
2Consumer Services17.6%
3Consumer Goods13.6%
4Industrials13.2%
5Others9.9%
6Technology9.8%
7Health Care7.5%
8Futures1.9%
9Mutual Funds0.8%
Asset type
1UK Equities39%
2North American Equities26%
3European Equities16%
4Asia Pacific Equities12%
5Japanese Equities6%
6International Equities1%
Individual holdings
1COMCAST CORP(NEW)1.8%
2PRINCESS PRIVATE EQUITY HLDGS1.7%
3BLACKROCK WORLD MINING TRUST PLC1.6%
4APAX GLOBAL ALPHA LIMITED ORD NPV1.5%
5DIAGEO PLC1.5%
6LONDON STOCK EXCHANGE GROUP1.5%
7ALPHABET INC1.3%
8BT GROUP1.2%
9JPMORGAN CHASE & CO1.2%
Management
Fund manager group
Witan
Fund manager company
Witan
Fund type
Investment Trust
Fund objective
Long-term growth in income and capital through active investment in global equities, using a multi-manager approach.
Benchmark
No data available.
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Andrew Bell31/03/2010Andew Bell was appointed a director and Chief Executive Officer with effect from 8 February 2010. He is responsible for the overall management of Witan. He has worked in the City since 1987, initially specialising in European equities as a strategist at Barclays de Zoete Wedd (BZW), following which he was Co-Head of the Investment Trusts team at BZW and Credit Suisse First Boston. From there, in 2000 he joined Carr Sheppards Crosthwaite (now Rensburg Sheppards Investment Management Limited) where until February 2010 he was a director and Head of Research and Strategy. Prior to the City, he worked for Shell in Oman, leaving to take a Sloan Fellowship at the London Business School. He is a non-executive director of Framlington Innovative Growth Trust plc, Henderson High Income Trust plc and the Association of Investment Companies, as well as serving as a governor of Bedford School. Mr Bell is a director of Witan Investment Services Limited.
Compliance
AIC Member, Transparent for Swiss Tax
Domicile
No data available.
Fund for sale in
United Kingdom
Witan Investment Trust plc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price912.3
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJFL
Witan Investment Trust plc 3.4% Cum Prf 1
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price52.5
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code01X4
Witan Investment Trust plc 6.125% Sec Bds 15/12/25 GBP Var Br
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price122.5
Offer price127.5
Mid price125
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code07BW
Witan Investment Trust plc NAV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price903.84
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTU66
Data provided by

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