Fact sheet: Alliance Trust PLC

Fund information
Fund name
Alliance Trust PLC
Fund manager company
Willis Towers Watson
Fund type
Investment Trust
Fund managers
  • Willis Towers Watsonsince 31/03/2017
Fund objective
Alliance Trust is an investment company with investment trust status. The Trust’s objective is to generate a real return for our shareholders over the medium to long term by a combination of capital growth and a rising dividend. The Trust has no fixed asset allocation benchmark, although it mainly invests in global equities, but can use a range of asset classes throughout the world to achieve its objective. The Trust aims to be a core holding for investors seeking to increase the value of their investments over the long term.
Benchmark
  • MSCI All Country World Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
29.6%
1 Year rank in sector
9/23
Sector
IT Global
Yield
1.8%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.54%
Fund size
£2,592m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
105
Mid price
743
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
781.9
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-4.98
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
101
Top in this sector
Fund name1 Year
Independent Investment Trust75.9%
Sct Mtg IT PLC46.7%
Monks IT PLC46.3%
Edinburgh Worldwide IT PLC45.4%
Lazard World Trust36.7%
...more in IT Global

Performance snapshot

Holdings snapshot

  • North America44.6%
    Europe23.2%
    International18.4%
    UK11%
    Money Market2.8%
  • Information Technology22.5%
    Consumer Discretionary15.7%
    Financials15.6%
    Industrials14.4%
    Health Care11.2%
  • North American Equities44.6%
    European Equities23.2%
    International Equities18.4%
    UK Equities11%
    Money Market2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%4.2%9.2%29.6%66.9%126.8%
Sector1%5.2%10.7%26.5%57.9%111%
Rank within sector16 / 2313 / 2312 / 239 / 238 / 2311 / 23
Quartile3rd3rd3rd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund18.1%26.4%11%9%22.7%
Sector21.1%21.1%6.8%7.4%21%
Rank within sector12 / 237 / 237 / 2310 / 2317 / 23
Quartile3rd2nd2nd2nd3rd
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.94
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.09
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
1.38
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
11.55
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
6.52
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.33
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.67
Price movement
52 week high747
52 week low575
Current bid price741.5
Current offer price742.5
Current mid price743
Region
1North America44.6%
2Europe23.2%
3International18.4%
4UK11%
5Money Market2.8%
Industry sector
1Information Technology22.5%
2Consumer Discretionary15.7%
3Financials15.6%
4Industrials14.4%
5Health Care11.2%
6Consumer Staples7.6%
7Energy4.6%
8Materials4.2%
9Money Market2.8%
Asset type
1North American Equities44.6%
2European Equities23.2%
3International Equities18.4%
4UK Equities11%
5Money Market2.8%
Individual holdings
1CHARTER COMMUNICATIONS INC1.8%
2MICROSOFT CORP1.6%
3NIELSEN NV1.5%
4ORACLE CORP1.5%
5UNITEDHEALTH GROUP INC1.5%
6ALLERGAN INC1.3%
7BAIDU INC1.3%
8CVS GROUP PLC1.3%
9NESTLE SA1.2%
Management
Fund manager group
Alliance Trust
Fund manager company
Willis Towers Watson
Fund type
Investment Trust
Fund objective
Alliance Trust is an investment company with investment trust status. The Trust’s objective is to generate a real return for our shareholders over the medium to long term by a combination of capital growth and a rising dividend. The Trust has no fixed asset allocation benchmark, although it mainly invests in global equities, but can use a range of asset classes throughout the world to achieve its objective. The Trust aims to be a core holding for investors seeking to increase the value of their investments over the long term.
Benchmark
  • MSCI All Country World Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Willis Towers Watson31/03/2017Towers Watson Investment Management (Ireland) Limited is the appointed Alternative Investment Fund Manager (AIFM).
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Alliance Trust PLC
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price781.9
CurrencyGBX
Price updated20/11/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJEG
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.