Fact sheet: Keystone IT Plc

Fund information
Fund name
Keystone IT Plc
Fund manager company
Invesco Asset Management
Fund type
Investment Trust
Fund managers
  • James Goldstonesince 31/03/2017
Fund objective
The Company’s objective is to provide shareholders with long-term growth of capital, mainly from UK investments.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
1.9%
1 Year rank in sector
13/15
Sector
IT UK All Companies
Yield
3.1%
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.
0.6%
Fund size
£232m
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.
93
Mid price
1717.5
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.
1923.46
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.
-10.71
Gearing
?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.
106
Top in this sector
Fund name1 Year
Manchester & London IT plc37.4%
Aurora Investment Trust plc25.1%
Fidelity Special Values PLC22.9%
Artemis Alpha Tst plc21.9%
Mrtl IT PLC20.5%
...more in IT UK All Companies

Performance snapshot

Holdings snapshot

  • UK65.5%
    Not Specified27.9%
    Money Market5.2%
    International1.4%
  • Financials39.4%
    Consumer Services12.3%
    Industrials10.1%
    Health Care9.8%
    Consumer Goods9.7%
  • UK Large Cap Companies45.4%
    UK Equities20.1%
    UK Small Cap Companies16.1%
    Others11.8%
    Cash & Cash Equivalents5.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%-1.5%0.5%1.9%11.5%57.4%
Sector-0.7%-0.1%2%14.1%25.1%76.1%
Rank within sector9 / 1511 / 159 / 1513 / 1511 / 149 / 13
Quartile3rd3rd3rd4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund5.1%-5.2%2.4%8.9%34.3%
Sector11.4%3.8%9.1%-1.7%31.3%
Rank within sector10 / 1511 / 1511 / 142 / 139 / 13
Quartile3rd3rd4th1st3rd
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.
-2.13
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.
0.61
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
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%.
9.43
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.
8.39
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.
-0.6
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.
0.37
Price movement
52 week high1835
52 week low1585
Current bid price1712
Current offer price1723
Current mid price1717.5
Region
1UK65.5%
2Not Specified27.9%
3Money Market5.2%
4International1.4%
Industry sector
1Financials39.36%
2Consumer Services12.32%
3Industrials10.14%
4Health Care9.76%
5Consumer Goods9.67%
6Oil & Gas5.97%
7Money Market5.2%
8Telecommunications3.7%
9Basic Materials1.8%
Asset type
1UK Large Cap Companies45.4%
2UK Equities20.1%
3UK Small Cap Companies16.1%
4Others11.8%
5Cash & Cash Equivalents5.2%
6International Equities1.4%
Individual holdings
1BARCLAYS PLC4.2%
2BP PLC3.9%
3LLOYDS BANKING GROUP PLC3.3%
4BRITISH AMERICAN TOBACCO PLC3.2%
5LEGAL & GENERAL GROUP PLC3.2%
6SHIRE PLC3.2%
7NEXT2.7%
8BT GROUP2.6%
9AVIVA PLC2.5%
Management
Fund manager group
Invesco Perpetual
Fund manager company
Invesco Asset Management
Fund type
Investment Trust
Fund objective
The Company’s objective is to provide shareholders with long-term growth of capital, mainly from UK investments.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
James Goldstone31/03/2017James is responsible for the management of a number of UK equity portfolios. Prior to joining Invesco Perpetual in August 2012, James was co-head of pan-European sales at Banco Espirito Santo in London. James began his career in equity sales at Credit Lyonnais in 2001 and went on, via HSBC and Dresdner Kleinwort, to specialise in UK equity sales.James graduated with a BA in French from Manchester University.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Keystone IT 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 price1940.04
CurrencyGBX
Price updated15/09/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNLKB
Keystone IT Plc NFV
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 price1923.46
CurrencyGBX
Price updated15/09/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeEBM7
Keystone IT Plc NPV
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 price1982.94
CurrencyGBX
Price updated15/09/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeEBM8
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.