Fact sheet: Majedie Tortoise

Fund information

Fund name
Majedie Tortoise A GBP
Fund company manager
Majedie Asset Management
Fund type
OIC
Fund manager
Tom Morris
since 01/10/2013
Fund objective
To achieve positive absolute returns in all market conditions over rolling three-year periods with less volatility than a conventional long-only equity fund.
Benchmark
-
Investment style
Absolute Return
Investment method
Shares

Quick stats

1 Year return

1.64 %

1 Year rank in sector

57/71

Sector

UT Targeted Absolute Return

Yield
-
Fund size

£ 1.2 b

FE Risk score

71

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    77.7291%
  • Not Specified
    32.504%
  • UK
    6.9801%
  • Italy
    4.0662%
  • Canada
    3.7696%
  • Money Market
    77.7291%
  • Fixed Interest
    31.5012%
  • Gold
    11.8039%
  • Retailers - Food
    8.9088%
  • Telecommunications Utilities
    8.8123%
  • Money Market
    77.7291%
  • Global Fixed Interest
    31.5012%
  • UK Equities
    6.9801%
  • Italian Equities
    4.0662%
  • Canadian Equities
    3.7696%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-3.4 %-7.52 %1.64 %1.63 %30.96 %
Sector0.28 %2.3 %4.96 %7.63 %18.73 %
Rank within sector78 / 7877 / 7757 / 7145 / 5714 / 49
Quartile th4 th4 th4 th4 th2 nd

Calendar performance

YTD-20172016201520142013
Fund-7.96 %24.45 %-9.16 %-0.33 %16.12 %
Sector2.18 %0.97 %2.2 %2.51 %6.51 %
Rank within sector77 / 771 / 7064 / 6451 / 558 / 50
Quartile th4 th1 st4 th4 th1 st

Risk statistics

Alpha-0.76
Beta0.35
Sharpe-0
Volatility9.96
Tracking error10.42
Information ratio-0.55
R-Squared0.04

Price movement

52 week high245.47
52 week low218.37
Current bid price0
Current offer price0
Current mid price218.91

Holdings by region

  • 77.7291% Money Market
  • 32.504% Not Specified
  • 6.9801% UK
  • 4.0662% Italy
  • 3.7696% Canada
  • 3.4454% Netherlands
  • 2.1071% South Africa
  • 2.0344% Russia
  • 2.0008% France
  • 1.8303% China

Holdings by sector

  • 77.7291% Money Market
  • 31.5012% Fixed Interest
  • 11.8039% Gold
  • 8.9088% Retailers - Food
  • 8.8123% Telecommunications Utilities
  • 3.3305% Oil & Gas Exploration & Production
  • 2.7603% Wireless & Mobile Communications
  • 1.9155% Precious Metals & Stones
  • 1.0406% Marine Ports
  • 1.0028% Derivatives

Holdings by asset type

  • 77.7291% Money Market
  • 31.5012% Global Fixed Interest
  • 6.9801% UK Equities
  • 4.0662% Italian Equities
  • 3.7696% Canadian Equities
  • 3.4454% Dutch Equities
  • 2.1071% South African Equities
  • 2.0344% Russian Equities
  • 2.0008% French Equities
  • 1.8303% Chinese Equities

Individual holdings

  • 9.1% Government Of United Kingdom 0.0% 05-jun-2017
  • 7.55% Government Of United Kingdom 0.0% 19-jun-2017
  • 5.28% Government Of United Kingdom 0.0% 15-may-2017
  • 4.87% BARRICK GOLD CORP
  • 3.49% ORANGE SA
  • 3.48% TESCO
  • 3.45% KONINKLIJKE KPN NV
  • 2.94% TELECOM ITALIA SPA(NEW)
  • 2.91% MORRISON(WM.)SUPERMARKETS
  • 2.51% SAINSBURY(J)