Fact sheet: MI Momentum Factor 3

Fund information

Fund name
MI Momentum Factor 3 A Acc
Fund company manager
Momentum Global Investment Mgt
Fund type
OIC
Fund manager
James Klempster
since 01/04/2007
Fund objective
The MI Momentum Factor 3 Fund aims to deliver a real return for investors over the medium to long term of CPI +3% net of fees, with anticipated volatility in the range of 5-8%. The Fund aims to operate within the 'low' risk profile as defined by Distribution Technology, the independent fund rating agency. The Fund will invest across a range of asset classes using third party investment funds, and is classified in the IA Flexible Investment sector. The minimum investment horizon for the Fund should be thought of as four years.
Benchmark
UK CPI + 3%
Investment style
Cautious
Investment method
None

Performance snapshot

Quick stats

1 Year return

10.74 %

1 Year rank in sector

227/244

Sector

UT Flexible Investment

Yield
-
Fund size

£ 19.6 m

FE Risk score

33

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    52.6%
  • USA
    22.3%
  • Europe ex UK
    8.7%
  • Others
    8.1%
  • Asia Pacific ex Japan
    6.1%
  • Alternative Assets
    100%
  • Global Investment Grade Fixed Interest
    29.4%
  • UK Equities
    13.3%
  • Money Market
    12.4%
  • Global Government Fixed Interest
    12%
  • Global Fixed Interest
    10.9%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.2 %3.86 %9.48 %16.13 %30.81 %
Sector1.02 %7.07 %19.89 %27.22 %58.23 %
Rank within sector224 / 262218 / 247227 / 244173 / 198158 / 169
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Calendar performance

YTD-20172016201520142013
Fund3.29 %12.17 %-0.75 %3.47 %4.94 %
Sector6.65 %12.84 %2.01 %4.85 %14.08 %
Rank within sector218 / 247145 / 234190 / 212148 / 190167 / 180
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Risk statistics

Alpha0.69
Beta0.51
Sharpe0.35
Volatility4.37
Tracking error4.32
Information ratio-0.76
R-Squared0.77

Price movement

52 week high128.43
52 week low116.79
Current bid price0
Current offer price0
Current mid price128.17

Holdings by region

  • 52.6% UK
  • 22.3% USA
  • 8.7% Europe ex UK
  • 8.1% Others
  • 6.1% Asia Pacific ex Japan
  • 2.2% Japan

Holdings by sector

  • 100% Alternative Assets

Holdings by asset type

  • 29.4% Global Investment Grade Fixed Interest
  • 13.3% UK Equities
  • 12.4% Money Market
  • 12% Global Government Fixed Interest
  • 10.9% Global Fixed Interest
  • 5.8% Alternative Assets
  • 5.2% UK Property
  • 5.1% Global Developed Equities
  • 4% Commodity & Energy
  • 1.9% Global Emerging Market Equities

Individual holdings

  • 16.2% ISHARES MARKIT IBOXX GBP CORPORATE BOND
  • 10.4% ISHARES £ CORPORATE BOND 0-5YR
  • 5.9% AXA US SHORT DURATION HIGH YIELD BOND Z ACC
  • 5.2% SCHRODER UK RECOVERY
  • 4.8% US TREASURY BOND
  • 4.6% US TIPS
  • 4.3% EVENLODE INCOME
  • 3.8% EDISTON PROPERTY INVESTMENT COMPANY PLC ORD 1P
  • 3.4% ETFS METAL SECURITIES LTD ETFS PHYSICAL GOLD (DT ZERT)
  • 3.3% RWC ASIA CONVERTIBLES BOND (GBP HEDGED)