Fact sheet: Better Capital 2009

Fund information
Fund name
Better Capital 2009
Fund manager company
Better Capital
Fund type
Investment Trust
Fund manager
No data available.
Fund objective
The fund seeks to invest in a portfolio of businesses which have significant operating issues and may have associated financial distress, with a primary focus on investments in businesses which have significant activities within the United Kingdom or Ireland.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Feeder fund, Shares
Quick stats
1 Year return
-35.5%
1 Year rank in sector
22/23
Sector
IT Private Equity
Yield
-
Fund size
£21m
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.
446
Mid price
59.5
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.
114.48
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.
-48.03
Top in this sector
Fund name1 Year
Dunedin Enterprise IT plc87.8%
3i Group Plc35.2%
PrncsPvtEqHgLd34.8%
Std Lf PvtEqTstPLC25.7%
Electra Private Equity plc25.4%
...more in IT Private Equity

Performance snapshot

Holdings snapshot

  • Europe99.4%
    Money Market0.6%
  • Aerospace97.6%
    Information Technology11.7%
    Money Market0.6%
    Others-9.9%
  • European Equities99.4%
    Money Market0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%4.4%-48%-35.5%18.3%-16.7%
Sector-2.8%1.4%1.7%14.7%42.8%81.2%
Rank within sector8 / 2310 / 2323 / 2322 / 2317 / 2219 / 22
Quartile2nd2nd4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-42.5%93.3%5.2%-42.2%23.3%
Sector12.4%21.6%3%8%17.8%
Rank within sector23 / 231 / 2311 / 2222 / 227 / 22
Quartile4th1st2nd4th2nd
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.
46.59
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.
-1.56
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.
0.09
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%.
42.87
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.
45.23
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.
-0.11
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.
0.08
Price movement
52 week high115
52 week low50
Current bid price55
Current offer price64
Current mid price59.5
Region
1Europe99.4%
2Money Market0.6%
Industry sector
1Aerospace97.6%
2Information Technology11.7%
3Money Market0.6%
4Others-9.9%
Asset type
1European Equities99.4%
2Money Market0.6%
Individual holdings
1GARDNER97.6%
2OMNICOM GROUP INC7.7%
3M-HANCE4%
4SPOT SA1.8%
Management
Fund manager group
Better Capital
Fund manager company
Better Capital
Fund type
Investment Trust
Fund objective
The fund seeks to invest in a portfolio of businesses which have significant operating issues and may have associated financial distress, with a primary focus on investments in businesses which have significant activities within the United Kingdom or Ireland.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Feeder fund, Shares
Fund manager
No data available.
Compliance
AIC Member, Offshore
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Offshore
Better Capital 2009
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 price114.48
CurrencyGBX
Price updated29/09/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeNMWW
Data provided by

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