Fact sheet: Slater Recovery

Fund information
Fund name
Slater Recovery P Acc
Fund manager company
Slater Investments
Fund type
Unit Trust
Fund manager
  • Mark Slatersince 10/03/2003
Fund objective
To seek long term capital growth, principally through investment in UK Companies.
Benchmark
  • IA OE UK All Companies Sector
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
31.5%
1 Year rank in sector
8/274
Sector
UT UK All Companies
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.
0.82%
Fund size
£38m (£30m 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.
94
Bid price
238.89
Offer price
241.91
Top in this sector
Fund name1 Year
Elite Webb Cap SmCos Inc&Gth41.1%
Unicorn UK Growth37.5%
MI Chelverton UK Equ Grth36.7%
Stan Life Inv UK Opps34.9%
Blackrock Inst Eq UK Sm Cos34.8%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.3%6.9%12.3%31.5%49.8%121.6%
Sector-1%1.5%1.4%14.8%27.2%65.7%
Rank within sector2 / 2805 / 2792 / 2778 / 27417 / 25810 / 245
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund28.4%-1.6%15.3%18.8%25.6%
Sector10.7%11.2%3.7%0.6%25.7%
Rank within sector6 / 275258 / 26518 / 2581 / 252131 / 245
Quartile1st4th1st1st3rd
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.
6.03
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.
0.88
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.
0.91
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%.
12.46
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.
9.76
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.
0.45
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.
0.4
Price movement
52 week high238.89
52 week low177.79
Current bid price238.89
Current offer price241.91
Current mid price-
Region
1UK100%
Industry sector
1Others25.21%
2Support Services17.78%
3Biotechnology/Medical15.92%
4Software12.19%
5Media9.99%
6Transport5.23%
7Travel3.95%
8Financial Services2.75%
9Real Estate2.67%
Asset type
1UK Equities100%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Slater Investments
Fund type
Unit Trust
Fund objective
To seek long term capital growth, principally through investment in UK Companies.
Benchmark
  • IA OE UK All Companies Sector
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Mark Slater10/03/2003Mark co-founded Slater Investments, the specialist UK equity fund manager, in 1994. The company manages a hedge fund, three unit trusts and portfolios for large pension schemes, high net worth individuals and charities. The company’s core methodology focuses on selecting companies able to produce reliable, above-average earnings growth supported by healthy cash flow. Shares in these companies are only acquired when the PE ratio is attractive in relation to the growth rate - i.e. when the PEG is relatively low. This approach has produced strong gains over the years, outperforming stock market indices by a substantial margin, with the company’s growth fund winning numerous industry awards. The company’s equity income strategy, pursued over the past ten years, has also performed strongly with exceptionally low volatility. Mark was awarded 2014 Fund Manager of the Year by City A.M. He is one of the top performing UK fund managers during his career and recently won Overall UK Hedge Fund Manager of the Year 2014 (Acquisition International), Best Performing UK Fund 2014 (Wealth & Finance International), Best Fund Manager Over Three Years 2013 (Professional Adviser) and UK Growth Winner 2012 (Money Observer). Slater Investments was voted Boutique Wealth Manager of the Year in 2014 (Acquisition International) and 2012 (Spears). During his career, Mark has served on the boards of four public companies in which he has been a substantial shareholder. Mark has an MA in History from Cambridge University.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Slater Recovery A Acc
Initial charge5.25%
Annual charge1.5%
Min single investment£3,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.57%
Total expense ratio (TER)1.56%
Bid price229.43
Offer price243.43
Mid price-
CurrencyGBX
Price updated23/11/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQM10
Slater Recovery B Acc
Initial charge1%
Annual charge1%
Min single investment£100,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)1.07%
Total expense ratio (TER)-
Bid price235.86
Offer price238.85
Mid price-
CurrencyGBX
Price updated23/11/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI3PQ
Slater Recovery P Acc
Initial charge1%
Annual charge0.75%
Min single investment£5,000,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.82%
Total expense ratio (TER)0.83%
Bid price238.89
Offer price241.91
Mid price-
CurrencyGBX
Price updated23/11/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeI3PR
Data provided by

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