Fact sheet: SVS Church House TenaxARStra

Fund information

Fund name
SVS Church House Tenax Absolute Return Strategies A Acc
Fund company manager
Church House Investment Mgmt
Fund type
OEIC
Fund manager
Jeremy Wharton
since 22/11/2007
Fund objective
Tenax has an absolute return objective, aiming to achieve positive returns over rolling twelve-month periods at low levels of volatility. Capital invested in the Fund is at risk, there is no guarantee that a positive return will be achieved over a rolling twelve-month, or any other, period. The portfolio is diverse across asset classes; investments are principally direct (it is not a fund-of-funds) but other funds may be held to provide further diversification. The benchmark for the Fund is three-month £ LIBOR. Capital preservation is key; the Fund is prepared to hold high proportions in cash and other low-risk assets.
Benchmark
3m GBP LIBOR
Investment style
Absolute Return,Aggressive
Investment method
None

Performance snapshot

Quick stats

1 Year return

3.16 %

1 Year rank in sector

26/73

Sector

UT Targeted Absolute Return

Yield

0.7

Fund size

£ 151.0 m

FE Risk score

16

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Money Market
    47.6%
  • Not Specified
    42.6%
  • International
    9.8%
  • Fixed Interest
    29.8%
  • Floating Rate Notes
    27.3%
  • Government Bonds
    15.2%
  • Equities
    9.8%
  • Cash Deposits
    5.1%
  • Money Market
    32.4%
  • Global Fixed Interest
    29.8%
  • Global Government Fixed Interest
    15.2%
  • International Equities
    9.8%
  • Convertibles
    4.7%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.39 %0.92 %3.16 %12.53 %26.11 %
Sector-0.01 %1.28 %2.79 %6.52 %16.53 %
Rank within sector53 / 7837 / 7626 / 7319 / 5915 / 49
Quartile th3 rd2 nd2 nd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund1.92 %7.57 %1.3 %5.98 %5.16 %
Sector2.35 %0.97 %2.2 %2.51 %6.51 %
Rank within sector43 / 7610 / 6938 / 6413 / 5530 / 50
Quartile th3 rd1 st3 rd1 st3 rd

Risk statistics

Alpha1.38
Beta1.08
Sharpe0.31
Volatility2.5
Tracking error1.64
Information ratio0.95
R-Squared0.57

Price movement

52 week high154.3
52 week low148.9
Current bid price0
Current offer price0
Current mid price153.6

Holdings by region

  • 47.6% Money Market
  • 42.6% Not Specified
  • 9.8% International

Holdings by sector

  • 29.8% Fixed Interest
  • 27.3% Floating Rate Notes
  • 15.2% Government Bonds
  • 9.8% Equities
  • 5.1% Cash Deposits
  • 4.7% Convertibles
  • 3.8% Infrastructure
  • 2.3% Property
  • 1% Index Linked
  • 1% Mutual Funds

Holdings by asset type

  • 32.4% Money Market
  • 29.8% Global Fixed Interest
  • 15.2% Global Government Fixed Interest
  • 9.8% International Equities
  • 4.7% Convertibles
  • 3.8% Others
  • 2.3% Property
  • 1% Global Index Linked
  • 1% Hedge

Individual holdings

  • 4.1% UK TREASURY 1% 07/09/2017
  • 2.5% EUROPEAN INVESTMENT BANK 1.375% BDS 15/01/18 GBP100000
  • 1.7% EIB FRN 02/2020
  • 1.7% SANTANDER COVERED FRN 05/2020
  • 1.7% UK TREASURY 1.25% 2018
  • 1.6% BARCLAYS COVERED FRN 05/2020
  • 1.6% EIB FRN 05/2018
  • 1.6% NORDEA COVERED FRN 01/2019
  • 1.6% ONTARIO(PROVINCE OF) FRN 10/11/20 GBP100000
  • 1.6% RBS COVERED FRN 05/2020