Fact sheet: MFM Bowland

Fund information
Fund name
MFM Bowland
Fund manager company
MFM
Fund type
Unit Trust
Fund managers
  • Hargreave Halesince 30/03/2014
Fund objective
The investment objective is to achieve capital growth, with a moderate level of risk by investing in the shares of companies both in the UK and overseas, but concentrating mainly on UK shares. Other investments including bonds and warrants within the limits imposed by COLL can be used where it is considered that they meet the investment objectives. It is also intended, where appropriate, to take advantage of underwriting and placings. The scheme may invest in derivatives and forward transactions but only for hedging purposes.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
30.2%
1 Year rank in sector
7/273
Sector
UT UK All Companies
Yield
0.7%
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.
0.9%
Fund size
£16m (£12m last year)
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.
79
Bid price
239.29
Offer price
258.69
Top in this sector
Fund name1 Year
Elite Webb Cap SmCos Inc&Gth38.3%
MI Chelverton UK Equ Grth34.2%
Unicorn UK Growth32.5%
Slater Recovery31.6%
Blackrock Inst Eq UK Sm Cos31.4%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%3.2%10.1%30.2%81.7%139%
Sector0.4%1.7%1.7%14%31.6%62.2%
Rank within sector257 / 27833 / 2777 / 2767 / 2732 / 2564 / 243
Quartile4th1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund29.1%15.8%21.3%8.3%24.4%
Sector11%11.2%3.7%0.6%25.7%
Rank within sector3 / 27367 / 2636 / 25611 / 250145 / 243
Quartile1st2nd1st1st3rd
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.
16.11
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.
0.68
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.
2.28
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%.
8.42
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.
6.62
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.
1.94
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.
0.51
Price movement
52 week high244.87
52 week low186.84
Current bid price239.29
Current offer price258.69
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
MFM
Fund manager company
MFM
Fund type
Unit Trust
Fund objective
The investment objective is to achieve capital growth, with a moderate level of risk by investing in the shares of companies both in the UK and overseas, but concentrating mainly on UK shares. Other investments including bonds and warrants within the limits imposed by COLL can be used where it is considered that they meet the investment objectives. It is also intended, where appropriate, to take advantage of underwriting and placings. The scheme may invest in derivatives and forward transactions but only for hedging purposes.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Hargreave Hale30/03/2014
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
MFM Bowland
Initial charge7%
Annual charge1.85%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)0.9%
Total expense ratio (TER)2.09%
Bid price239.29
Offer price258.69
Mid price-
CurrencyGBX
Price updated11/12/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codePC78
Data provided by

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