Fact sheet: Threadneedle UKAbsAlp

Fund information

Fund name
Threadneedle UK Absolute Alpha Z Acc GBP
Fund company manager
Threadneedle Inv Services Ltd
Fund type
OEIC
Fund manager
Mark Westwood
since 01/10/2010
Fund objective
The aim of the Fund is to make a positive return for you over a rolling 12 month period, notwithstanding changing market conditions. Positive returns are not guaranteed and no form of capital protection applies. At least two-thirds of the Funds assets will be in long and short positions in UK companies, or companies that have significant operations there and, when appropriate, cash.
Benchmark
No Specified Index
Investment style
Absolute Return
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

2.72 %

1 Year rank in sector

32/73

Sector

UT Targeted Absolute Return

Yield
-
Fund size

£ 719.1 m

FE Risk score

29

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Financials
    13.7%
  • Consumer Services
    6.5%
  • Consumer Goods
    5.1%
  • Basic Materials
    4.4%
  • Health Care
    2.6%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.29 %0.7 %2.72 %7.49 %23.15 %
Sector-0.01 %1.28 %2.79 %6.52 %16.53 %
Rank within sector49 / 7842 / 7632 / 7327 / 5916 / 49
Quartile th3 rd3 rd2 nd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund2.95 %-4.04 %7.31 %5.23 %10.33 %
Sector2.35 %0.97 %2.2 %2.51 %6.51 %
Rank within sector26 / 7661 / 6913 / 6420 / 5514 / 50
Quartile th2 nd4 th1 st2 nd2 nd

Risk statistics

Alpha-0.26
Beta1.13
Sharpe-0
Volatility3.96
Tracking error3.43
Information ratio0.01
R-Squared0.25

Price movement

52 week high125.55
52 week low117.81
Current bid price0
Current offer price0
Current mid price123.7

Holdings by region

-

Holdings by sector

  • 13.7% Financials
  • 6.5% Consumer Services
  • 5.1% Consumer Goods
  • 4.4% Basic Materials
  • 2.6% Health Care
  • 1.9% Industrials
  • 1.9% Oil & Gas
  • 1.5% Technology
  • -0.8% Utilities
  • -1.3% Telecommunications

Holdings by asset type

-

Individual holdings

  • 2.3% GLAXOSMITHKLINE
  • 2.2% RELX PLC
  • 2.1% DIAGEO
  • 2% INTERMEDIATE CAPITAL GROUP
  • 1.9% COMPASS GROUP
  • 1.9% SMITH(DS)
  • 1.8% DERWENT LONDON PLC
  • 1.8% PRUDENTIAL PLC
  • 1.7% LONDON STOCK EXCHANGE GROUP
  • 1.6% INFORMA PLC