Fact sheet: Majedie Ast Mng UK Inc

Fund information
Fund name
Majedie Asset Management UK Income Z Acc GBP
Fund manager company
Majedie Asset Management Ltd
Fund type
OEIC
Fund managers
  • Chris Reidsince 15/12/2014
  • Yuri Khodjamiriansince 15/12/2014
Fund objective
To maintain an attractive yield, whilst outperforming the FTSE All-Share index over the long term
Benchmark
  • FTSE AllSh
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
16%
1 Year rank in sector
3/78
Sector
FO Equity - UK
Yield
-
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.
0.75%
Fund size
£0m
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.
97
Top in this sector
Fund name1 Year
Boost FTSE 100 3x LD ETP21.6%
Ardevora UK Equity18.7%
Old Mutual UK SmCos Fcus16.8%
Majedie Ast Mng UK Inc16%
Marlborough UK MulCap Gth Cell15.7%
...more in FO Equity - UK

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund7.9%16%14.2%16%23.3%-
Sector5.9%7.9%6.1%6.4%18.4%40.3%
Rank within sector5 / 801 / 801 / 803 / 7824 / 65-
Quartile1st1st1st1st2nd
Calendar performance
 YTD - 20182017201620152014
Fund11.5%11.2%6.6%2.6%-
Sector3.4%11.6%8.9%4.9%1%
Rank within sector1 / 8041 / 7545 / 6844 / 64-
Quartile1st3rd3rd3rd
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.
0.71
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.
1.01
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.
0.23
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%.
10.54
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.
4.97
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.
0.13
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.
0.78
Price movement
52 week high1.42
52 week low1.19
Current bid price-
Current offer price-
Current mid price1.42
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Majedie
Fund manager company
Majedie Asset Management Ltd
Fund type
OEIC
Fund objective
To maintain an attractive yield, whilst outperforming the FTSE All-Share index over the long term
Benchmark
  • FTSE AllSh
Investment style
Active
Investment method
Shares
Fund managers
NameSinceBiography
Chris Reid15/12/2014Chris Reid is a fund manager and analyst with 18 years' investment experience in UK and international equity markets. Chris is responsible for lead managing the UK Income Fund and for co-managing the UK Focus Fund. Before joining Majedie in 2008, Chris had been a Director at Deutsche Bank, where he was Pan European Travel & Leisure Analyst. Until 2005 he had been Transport Analyst at Credit Suisse. Prior to that, he was a consultant at PA Consulting Group. Chris joined PA Consulting in 1995. He holds a Master of Sciences degree in Natural Sciences from Downing College, Cambridge, where he also completed the Cambridge Advanced Course in Design, Manufacturing and Management. He is SFA qualified and holds an MBA with Distinction from London Business School, in addition to the ACCA Certified Diploma in Accounting & Finance.
Yuri Khodjamirian15/12/2014Yuri Khodjamirian is a fund manager and analyst with 7 years’ investment experience in UK and international equity markets. Yuri is responsible for co-managing both the Global Equity and Global Focus funds and also the UK Income Fund. Yuri holds a Master of Arts degree in Economics from St Catharine’s College, Cambridge and a Master of Science degree in Economics with distinction from the London School of Economics. He is a CFA charter holder.
Compliance
Transparent for Austrian Tax, Offshore, Reporting Fund Status, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Majedie Asset Management UK Income Z Acc GBP
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price1.4199
CurrencyGBP
Price updated22/05/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeM12R
Majedie Asset Management UK Income Z Inc GBP
Initial charge-
Annual charge0.75%
Min single investment£100,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price1.2758
CurrencyGBP
Price updated22/05/2018
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM12Q
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.