Fact sheet: Charity Equity

Fund information
Fund name
Charity Equity A Acc
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund managers
  • Kevin Murphysince 17/05/2010
  • Nick Kirragesince 17/05/2010
  • Andrew Lyddonsince 17/05/2010
Fund objective
The Charity Equity Fund aims to provide participating charities with a total return (income and capital growth) in excess of the FTSE All-Share Index over five year rolling periods. In order to achieve this objective, the fund may invest in securities anywhere in the world, although investment will be predominantly in good quality UK equities.
Benchmark
  • FTSE All Share TR
Investment style
Active
Investment method
Shares
Quick stats
1 Year return
7%
1 Year rank in sector
246/273
Sector
UT UK All Companies
Yield
3.5%
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.
0.62%
Fund size
£199m (£155m 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
1087
Offer price
1089
Top in this sector
Fund name1 Year
Elite Webb Cap SmCos Inc&Gth37.1%
MI Chelverton UK Equ Grth34.5%
Unicorn UK Growth33.7%
MFM Bowland32.7%
Blackrock Inst Eq UK Sm Cos31.5%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK82%
    USA9.9%
    Australia4.7%
    Money Market3.2%
    Not Specified0.1%
  • Financials31.4%
    Consumer Services19.2%
    Basic Materials11.5%
    Oil & Gas9.7%
    Technology9.3%
  • UK Equities82%
    US Equities9.9%
    Australian Equities4.7%
    Money Market3.2%
    Alternative Investment Strategies0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%3%2.7%7%31%81.5%
Sector-0.4%1.2%1.8%13.2%29.7%61.6%
Rank within sector23 / 27828 / 27778 / 276246 / 273112 / 25659 / 243
Quartile1st1st2nd4th2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund6.5%27.4%-4.8%4.1%35.8%
Sector10.6%11.2%3.7%0.6%25.7%
Rank within sector227 / 2735 / 263251 / 25644 / 25033 / 243
Quartile4th1st4th1st1st
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.
-0.47
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.
1.26
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.
0.5
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%.
9.29
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.
5.94
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.
0.18
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.
0.62
Price movement
52 week high1103
52 week low1008
Current bid price1087
Current offer price1089
Current mid price-
Region
1UK81.99%
2USA9.94%
3Australia4.72%
4Money Market3.22%
5Not Specified0.13%
Industry sector
1Financials31.37%
2Consumer Services19.16%
3Basic Materials11.52%
4Oil & Gas9.66%
5Technology9.31%
6Health Care8.72%
7Utilities4.62%
8Money Market3.22%
9Telecommunications1.41%
Asset type
1UK Equities81.99%
2US Equities9.94%
3Australian Equities4.72%
4Money Market3.22%
5Alternative Investment Strategies0.13%
Individual holdings
1HSBC HLDGS5.83%
2BP5.62%
3SOUTH32 LTD4.72%
4PEARSON4.63%
5ROYAL BANK OF SCOTLAND GROUP PLC4.28%
6ANGLO AMERICAN4.27%
7STANDARD CHARTERED4.17%
8ROYAL DUTCH SHELL4.04%
9INTEL CORP3.89%
Management
Fund manager group
Schroders
Fund manager company
Schroder UT Managers
Fund type
Unit Trust
Fund objective
The Charity Equity Fund aims to provide participating charities with a total return (income and capital growth) in excess of the FTSE All-Share Index over five year rolling periods. In order to achieve this objective, the fund may invest in securities anywhere in the world, although investment will be predominantly in good quality UK equities.
Benchmark
  • FTSE All Share TR
Investment style
Active
Investment method
Shares
Fund managers
NameSinceBiography
Kevin Murphy17/05/2010Co-manager of Schroder UK Income, Schroder UK Recovery and Global Recovery funds, Founding member of the Global Value Team in 2013, Investment career commenced in 2000 in Schroders’ UK Equity fund management team, Previously sector analyst for Pan European Construction and Building Materials, Chartered Financial Analyst, Degree in Economics, Manchester University
Nick Kirrage17/05/2010Co-manager of Schroder UK Income, Schroder UK Recovery and Global Recovery funds, Founding member of the Global Value Team in 2013, Investment career commenced in 2001 within Schroders’ Pan European research team, Previously analyst responsible for a number of sectors including Transport, Metals & Mining and Aerospace and Defence sectors, Chartered Financial Analyst, Degree in Aeronautical Engineering, Bristol University
Andrew Lyddon17/05/2010Co-manager of Global Recovery funds, institutional UK Value portfolios, European Value and Yield funds and Schroder ISF European Dividend Maximiser, Founding member of the Global Value Team in 2013, Investment career commenced in October 2005 at Schroders as an Equity Analyst within the Pan-European research team, Previously sector analyst responsible for Telecoms, Construction and Support Services, Chartered Financial Analyst, MSc in Intellectual Property Law, Queen Mary College. Degree in Chemistry, Bath University
Compliance
IA Recognised
Domicile
No data available.
Fund for sale in
United Kingdom
Charity Equity A Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price1087
Offer price1089
Mid price-
CurrencyGBX
Price updated11/12/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUM58
Charity Equity A Inc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price415.8
Offer price416.5
Mid price-
CurrencyGBX
Price updated11/12/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeUM57
Charity Equity S
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
Type-
Institutional or retail classRetail
Domicile-
Citi codeKUGA
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