Fact sheet: CFP SDL UK Buffettology

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.
UK GROWTH
Sector
UT UK All Companies
Fund type
OEIC
Primary aim
GROWTH
Why Money Observer Rates CFP SDL UK Buffettology

Rated Fund 2016-2018. Replicates Warren Buffett's methodology

This fund aims to replicate the investment style of legendary value investor Warren Buffett; it took a Money Observer award for Best UK Growth fund for the third year running in 2017.

Launched in 2011, it has seen its assets rocket to ᆪ210 million from just ᆪ42 million 18 months ago. Keith Ashworth-Lord, who has run the fund since its inception in 2011, aims to invest in companies with strong balance sheets and the ability to grow over the long term. His style is known as 'business perspective investing', and follows the Buffett principle of buying shares in good businesses for less than the business is intrinsically worth, and ideally holding the shares forever. While shares may not always be kept forever, Ashworth-Lord is investing on a time horizon of at least five to 10 years.

He says that the success of the fund is down to getting the investments right after extensive research. When he finds an attractive investment he invests a meaningful amount in it. He concentrates the fund in relatively few companies ヨ there are currently just over 30 holdings in the portfolio ヨ which he feels he knows a lot about. He firmly believes that investment is a business venture, not a gamble; and that it's the companies owned, not the market, that make money for the investor. <\p>

3 Year Performance
Fund Performance69.1%
Average of Rated Funds Group44%
Sector Performance19.1%
Fund information
Fund name
CFP SDL UK Buffettology Institutional Inc
Fund manager company
Castlefield Fund Partners Limi
Fund type
OEIC
Fund manager
  • Keith Ashworth-Lordsince 28/03/2011
Accolades
Winner - UK Growth - Smaller Funds
Fund objective
To achieve an annual compounding rate of return over the long term, defined as 5-10 years, which is superior to the performance of the UK stock market.
Benchmark
  • IA UK All Companies
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
19.4%
1 Year rank in sector
7/274
Sector
UT UK All Companies
Yield
1.1%
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.
1.33%
Fund size
£322m (£125m 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.
77
Mid price
286.82
Top in this sector
Fund name1 Year
MI Chelverton UK Equ Grth22.4%
MFM Bowland21.4%
Stan Life Inv UKEqUncns21%
CFP SDL Free Spirit20.4%
Marlborough UK Multi-Cap Gth19.7%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK89.6%
    Money Market10.4%
  • Travel13.3%
    Biotechnology/Medical10.7%
    Industrials10.6%
    Chemicals10.5%
    Money Market10.4%
  • UK Equities89.6%
    Money Market10.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.8%2.8%5.8%19.4%69.1%129%
Sector6%-2.2%0.5%7.9%19.1%49.8%
Rank within sector267 / 2801 / 2787 / 2777 / 2744 / 2592 / 244
Quartile4th1st1st1st1st1st
Calendar performance
 YTD - 20182017201620152014
Fund1.4%25.6%11.8%27.9%1.8%
Sector-1.3%13.8%11.2%3.7%0.6%
Rank within sector21 / 27715 / 272132 / 2621 / 25692 / 249
Quartile1st1st3rd1st2nd
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.
14.5
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.
0.82
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.
1.62
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%.
9.95
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.
6.86
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.
1.91
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.
0.57
Price movement
52 week high288.15
52 week low242.04
Current bid price-
Current offer price-
Current mid price286.82
Region
1UK89.56%
2Money Market10.44%
Industry sector
1Travel13.32%
2Biotechnology/Medical10.7%
3Industrials10.58%
4Chemicals10.5%
5Money Market10.44%
6Financials7.6%
7Support Services6.18%
8Leisure5.62%
9Food, Beverages and Tobacco5.46%
Asset type
1UK Equities89.56%
2Money Market10.44%
Individual holdings
1GAMES WORKSHOP GROUP5.63%
2BIOVENTIX PLC4.44%
3AB DYNAMICS PLC4.24%
4SCAPA GROUP PLC4.06%
5DART GROUP PLC3.81%
6DECHRA PHARMACEUTICALS3.59%
7RWS HLDGS3.59%
8TRIFAST3.58%
9LIONTRUST ASSET MANAGEMENT3.47%
Management
Fund manager group
No data available.
Fund manager company
Castlefield Fund Partners Limi
Fund type
OEIC
Fund objective
To achieve an annual compounding rate of return over the long term, defined as 5-10 years, which is superior to the performance of the UK stock market.
Benchmark
  • IA UK All Companies
Investment style
Active
Investment method
Shares
Fund manager
NameSinceBiography
Keith Ashworth-Lord28/03/2011The fund manager has over 30 years of equity market experience and is a seasoned practitioner of ‘Business Perspective Investing’ as championed by Ben Graham and Warren Buffett. Prior to founding Sanford Deland Asset Management. Keith worked with a variety of stockbroking, fund management and private investor clients. Keith is a graduate of Natural Sciences with a Masters in Management Studies, and is a Chartered Fellow of the Chartered Institute of Securities & Investment.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
CFP SDL UK Buffettology General Inc
Initial charge-
Annual charge1.5%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.97%
Bid price-
Offer price-
Mid price285.64
CurrencyGBX
Price updated23/04/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMJZ1
CFP SDL UK Buffettology Institutional Acc
Initial charge-
Annual charge1%
Min single investment£250,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)1.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price112.71
CurrencyGBX
Price updated23/04/2018
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeO5M6
CFP SDL UK Buffettology Institutional Inc
Initial charge-
Annual charge1%
Min single investment£250,000
Min regular saving£10,000
Available in ISAYes
Ongoing charge (OCF)1.33%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price286.82
CurrencyGBX
Price updated23/04/2018
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeK6LW
Data provided by

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