Fact sheet: Margetts Providence Strategy

Fund information

Fund name
Margetts Providence Strategy R Acc
Fund company manager
Margetts Fund Management
Fund type
UKA
Fund manager
Toby Ricketts
since 01/01/2000
Fund objective
The objective of the Margetts Providence Strategy Fund is to provide a balance of long term capital growth and increasing income by investment in any economic sector in any geographic area in regulated collective investment schemes investing in a wide range of assets including equities, fixed interest and cash type instruments. Furthermore, the Manager will charge some or all of the annual management fee to the Fund’s capital account. This will increase the distributable income by that amount and reduce the capital by a similar amount. This may constrain capital growth.
Benchmark
IA OE Mixed Investment 20-60% Shares
Investment style
Balanced
Investment method
None

Performance snapshot

Quick stats

1 Year return

13.44 %

1 Year rank in sector

123/197

Sector

UT Mixed Investment 20-60% Shares

Yield

2.86

Fund size

£ 187.1 m

FE Risk score

52

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    43%
  • Not Specified
    36%
  • Money Market
    9%
  • Asia Pacific
    6%
  • Europe
    5%
  • UK Equities
    43%
  • Global Fixed Interest
    36%
  • Money Market
    9%
  • Asia Pacific Equities
    6%
  • European Equities
    5%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.23 %5.57 %13.44 %18.55 %46.83 %
Sector0.85 %5.46 %14.4 %20.38 %41.81 %
Rank within sector177 / 20497 / 201123 / 197123 / 17067 / 144
Quartile th4 th2 nd3 rd3 rd2 nd

Calendar performance

YTD-20172016201520142013
Fund4.91 %8.98 %1.62 %3.95 %12.71 %
Sector5.01 %10.25 %1.21 %4.98 %9 %
Rank within sector107 / 201127 / 19093 / 178127 / 16434 / 153
Quartile th3 rd3 rd3 rd4 th1 st

Risk statistics

Alpha-0.99
Beta1.09
Sharpe0.37
Volatility5.98
Tracking error1.67
Information ratio-0.27
R-Squared0.93

Price movement

52 week high384.57
52 week low331.76
Current bid price381.2
Current offer price381.38
Current mid price0

Holdings by region

  • 43% UK
  • 36% Not Specified
  • 9% Money Market
  • 6% Asia Pacific
  • 5% Europe
  • 1% Others

Holdings by sector

-

Holdings by asset type

  • 43% UK Equities
  • 36% Global Fixed Interest
  • 9% Money Market
  • 6% Asia Pacific Equities
  • 5% European Equities
  • 1% Others

Individual holdings

  • 7.3% SCHRODER UK ALPHA INCOME L INC
  • 7.22% THREADNEEDLE UK EQUITY INCOME Z INC GBP
  • 7.08% ROYAL LONDON UK EQUITY INCOME M INC
  • 7.02% AVIVA INV UK EQUITY INCOME 2
  • 6.81% MARGETTS ARDEVORA UK INCOME INST ACC
  • 6.77% PREMIER INCOME C INC
  • 5.84% L&G ASIAN INCOME TRUST I ACC
  • 5.41% AXA STERLING CREDIT SHORT DURATION BOND Z GR ACC
  • 5.38% GOLDMAN SACHS FUNDS STERLING LIQUID RESERVES INSTL SHS
  • 5.27% M&G UK INFLATION LINKED CORPORATE BOND I ACC