Fact sheet: Henderson Gart UKAbRn

Fund information

Fund name
Henderson Gartmore United Kingdom Absolute Return I Acc GBP
Fund company manager
Henderson Management SA
Fund type
SIB
Fund manager(s)
Luke Newman
since 01/03/2010
Ben Wallace
since 01/03/2010
Fund objective
The Fund aims to achieve a positive absolute return over the long term regardless of market conditions, though a positive absolute return is not guaranteed over any time period. The Fund will typically invest at least 60% of its total assets, by taking long and short positions, in equities or equity related derivative contracts of: - companies having their registered office in the United Kingdom; and - companies that do not have their registered office in the United Kingdom but either (i) carry out a predominant proportion of their business activity in these markets, or (ii) are holding companies which predominantly own companies with registered offices in the United Kingdom, or (iii) are listed on the London Stock Exchange. In addition, in seeking to implement the Fund's investment strategy, manage market exposure and ensure that the Fund remains sufficiently liquid to cover obligations arising from its derivative positions, a substantial proportion of the Fund’s assets may at any time consist of cash, near cash, deposits and/or Money Market Instruments. The Fund will invest in companies of any market capitalisation. Long positions may be held through a combination of direct investment and/or derivative instruments, and short positions will be held through derivative positions, including but not limited to swaps and futures. The use of derivatives forms an important part of the investment strategy. The Fund may also invest at the Investment Manager’s discretion in other Transferable Securities, derivative instruments and collective investment schemes.
Benchmark
No Specified Index
Investment style
Long/Short
Investment method
Equity

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

3.42 %

1 Year rank in sector

78/130

Sector

FO Hedge/Stru Prod - Equity

Yield
-
Fund size

£ 4.3 b

FE Risk score

22

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    100%
  • Consumer Discretionary
    10.4%
  • Industrials
    7.6%
  • Information Technology
    6.1%
  • Financials
    5.4%
  • Consumer Staples
    1.4%
  • UK Equities
    100%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.75 %1.6 %3.42 %17.54 %40.64 %
Sector0.71 %3.86 %5.31 %8.6 %17.8 %
Rank within sector54 / 13695 / 14278 / 13030 / 77 /
Quartile th2 nd3 rd3 rd2 nd th

Calendar performance

YTD-20172016201520142013
Fund2.88 %1.71 %7.46 %4.96 %0 %
Sector5.44 %-1.99 %2.66 %2.51 %7.13 %
Rank within sector88 / 13335 / 10520 / 8325 / 67 /
Quartile th3 rd2 nd1 st2 nd th

Risk statistics

Alpha3.75
Beta0.43
Sharpe0.42
Volatility2.77
Tracking error3.03
Information ratio0.83
R-Squared0.23

Price movement

52 week high12.2232
52 week low11.7196
Current bid price0
Current offer price0
Current mid price12.2192

Holdings by region

  • 100% UK

Holdings by sector

  • 10.4% Consumer Discretionary
  • 7.6% Industrials
  • 6.1% Information Technology
  • 5.4% Financials
  • 1.4% Consumer Staples
  • 1.1% Materials
  • 1.1% Utilities
  • 0.22% Telecommunications Utilities
  • 0.2% Energy
  • -0.2% Health Care

Holdings by asset type

  • 100% UK Equities

Individual holdings

  • 9.39% RELX NV
  • 3.19% UNILEVER
  • 2.96% ROYAL DUTCH SHELL
  • 2.86% LEGAL & GENERAL GROUP
  • 2.25% BELLWAY