Fact sheet: RIT Capital Partners IT

Rated Fund Information
Rated Funds Group
?Money Observer has arranged all its Rated Funds into easy to understand Rated Fund Groups, comprising funds and investment trusts.
IT Flexible Investment
Fund type
Investment Trust
Primary aim
Why Money Observer Rates RIT Capital Partners IT

Rated Fund 2013-2017. Still benefiting from Lord Rothschild's active involvement

This trust won Money Observer's Best Mixed Asset Trust award in 2016. It is one of just 12 investment trusts included in the Association of Investment Companies' flexible investment sector created at the beginning of 2016. Launched in 1988, it was one of the first trusts to adopt this strategy.

It can trace its origins back to the earlier Rothschild Investment Trust, which was originally associated with the family bank, N. M. Rothschild & Sons. It still has strong family connections. Lord Rothschild remains as chairman and he and his family are the largest shareholders.

A major attraction of the trust is the active involvement of Lord Rothschild and the fact that capital preservation is one of its guiding principles.

It also sets out to beat inflation by 3 per cent as well as the MSCI All Country World index. In order to achieve this objective it has a widely diversified, international portfolio across a range of asset classes, both quoted and unquoted, partly via external managers to ensure it uses the best talent available.

Its investment director since 2012 is Ron Tabbouche, who is responsible for combining thematic investing with individual securities, and private investments with quoted stocks.

The portfolio is split into different asset categories - quoted equities, private investments, absolute return & credit, real assets, and liquidity and borrowings. Its currency exposure is managed to protect sterling investors from unwanted currency moves, as well as providing a source of returns.

3 Year Performance
Fund Performance33.4%
Average of Rated Funds Group28.2%
Sector Performance30.9%
Fund information
Fund name
RIT Capital Partners plc
Fund manager company
RIT Capital Partners plc
Fund type
Investment Trust
Fund manager
No data available.
Winner - Best Mixed Asset Trust
Fund objective
To deliver long-term capital growth, while preserving shareholder's capital; to invest without the constraints of a formal benchmark, but to deliver for shareholders increases in capital value in excess of the relevant indices over time.
  • MSCI All Country World Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
1 Year rank in sector
IT Flexible Investment
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.
Fund size
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.
Mid price
?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.
?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.
?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.
Top in this sector
Fund name1 Year
Miton Gbl Opps PLC22.5%
New Star IT PLC21.3%
Est Inv Trust17.7%
F&C Mngd Prtfolio Tst Gth16.5%
Tetragon Fin Ord USD0.00112.9%
...more in IT Flexible Investment

Performance snapshot

Holdings snapshot

  • International38%
    North America30%
    Global Emerging Markets17%
  • No data available.
  • International Equities39%
    North American Equities30%
    Global Emerging Market Equities17%
    Japanese Equities8%
    UK Equities7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector7 / 1612 / 1612 / 1611 / 168 / 152 / 15
Calendar performance
 YTD - 20182017201620152014
Rank within sector10 / 1612 / 1611 / 161 / 151 / 15
Risk statistics
?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.
?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.
?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.
?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%.
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.
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.
?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.
Price movement
52 week high2005
52 week low1815
Current bid price1926
Current offer price1928
Current mid price1924
2North America30%
3Global Emerging Markets17%
8Money Market-7%
Industry sector
No data available.
Asset type
1International Equities39%
2North American Equities30%
3Global Emerging Market Equities17%
4Japanese Equities8%
5UK Equities7%
6European Equities6%
7Money Market-7%
Individual holdings
No data available.
Fund manager group
RIT Capital Partners
Fund manager company
RIT Capital Partners plc
Fund type
Investment Trust
Fund objective
To deliver long-term capital growth, while preserving shareholder's capital; to invest without the constraints of a formal benchmark, but to deliver for shareholders increases in capital value in excess of the relevant indices over time.
  • MSCI All Country World Index
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
AIC Member
No data available.
Fund for sale in
United Kingdom
RIT Capital Partners 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 price1855
Price updated31/01/2018
Institutional or retail classRetail
Citi codeNLLI
Data provided by

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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.