Fact sheet: Smith & Williamson UKEquityGrth

Fund information
Fund name
Smith & Williamson UK Equity Growth B Inc
Fund manager company
Smith & Williamson Investment
Fund type
Unit Trust
Fund managers
  • Mark Swainsince 09/05/2006
  • Mark Bouchersince 08/01/2013
  • Rupert Flemingsince 07/06/2011
Fund objective
To achieve long-term growth of capital, primarily through investment in the UK but with some exposure to other world markets from time to time. In order to achieve this objective, the strategy is to invest primarily in established UK companies where the Manager believes there to be good prospects for above average growth.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
17.8%
1 Year rank in sector
53/275
Sector
UT UK All Companies
Yield
1.6%
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.
0.71%
Fund size
£22m (£21m 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.
89
Top in this sector
Fund name1 Year
MI Chelverton UK Equ Grth37.4%
Old Mutual Equity 136.2%
Old Mutual UK Mid Cap35.9%
Unicorn UK Growth34.3%
Blackrock Inst Eq UK Sm Cos32%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK95.5%
    Money Market4.5%
  • Consumer Discretionary18.9%
    Industrials18.5%
    Materials13.1%
    Financials12.4%
    Consumer Staples12.1%
  • UK Equities95.5%
    Money Market4.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%1.2%7.7%17.8%36.2%91.1%
Sector1.6%0.6%6.1%14%26.9%66%
Rank within sector41 / 28272 / 28169 / 28153 / 27553 / 25751 / 244
Quartile1st2nd1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund9.6%10.2%6.1%10.3%29%
Sector9.4%11.2%3.7%0.6%25.7%
Rank within sector102 / 279155 / 269107 / 2618 / 25593 / 248
Quartile2nd3rd2nd1st2nd
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.
1.12
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.
1.12
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.
0.62
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%.
11.45
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.
5.19
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.
0.37
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.
0.81
Price movement
52 week high171.3
52 week low143.7
Current bid price-
Current offer price-
Current mid price169.2
Region
1UK95.5%
2Money Market4.5%
Industry sector
1Consumer Discretionary18.9%
2Industrials18.5%
3Materials13.1%
4Financials12.4%
5Consumer Staples12.1%
6Energy7.9%
7Health Care5.6%
8Information Technology4.6%
9Money Market4.5%
Asset type
1UK Equities95.5%
2Money Market4.5%
Individual holdings
1PRUDENTIAL PLC5%
2ASHTEAD GROUP ORD GBP0.104.6%
3BP PLC3.9%
4CRH PLC3.9%
5MELROSE INDUSTRIES PLC3.8%
6DIAGEO3.6%
7MICRO FOCUS INTERNATIONAL3%
8RIVERSTONE ENERGY LTD2.8%
9SHIRE PLC2.8%
Management
Fund manager group
Smith & Williamson Invest Mgmt
Fund manager company
Smith & Williamson Investment
Fund type
Unit Trust
Fund objective
To achieve long-term growth of capital, primarily through investment in the UK but with some exposure to other world markets from time to time. In order to achieve this objective, the strategy is to invest primarily in established UK companies where the Manager believes there to be good prospects for above average growth.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Mark Swain09/05/2006Mark joined Smith & Williamson at the end of 2005. Mark is the assistant fund manager on the Smith & Williamson UK Equity Income Trust and an assistant fund manager on the Smith & Williamson Enterprise Fund. Mark is also the in-house sector specialist responsible for the technology and telecoms sectors. Prior to joining Smith & Williamson, Mark worked at Leopold Joseph/ Bank of Butterfield from 2001. Mark graduated from the University of Nottingham in 2000 with a BEng (Hons) in Electronic Engineering. He is a Member of the Chartered Institute for Securities & Investment.
Mark Boucher08/01/2013Mark Boucher spent six years as an institutional stockbroker after training at Wedd Durlacher. In 1992 Mark joined Leopold Joseph & Sons, where he was the fund manager of a UK long/short equity fund from its inception in 1998, before joining Smith & Williamson from 2006 to 2009 as co-manager of the Smith & Williamson Enterprise Fund. Mark left to run UK monies for a US multi-strategy hedge fund before returning in January 2013 as Head of UK Equities. He is co-manager of the Enterprise Fund and also manages the Smith & Williamson UK Equity Growth Fund.
Rupert Fleming07/06/2011Rupert joined Smith & Williamson in November 2005. He is co-manager of the Smith & Williamson Enterprise Fund, and assists on the Smith & Williamson UK Equity Growth Trust. Previously Rupert was a fund manager at Leopold Joseph/Bank of Butterfield and prior to that worked as an equity salesman at Robert Fleming Securities. Rupert attended Bristol Business School, obtaining a BA(Hons).
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Smith & Williamson UK Equity Growth A Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)1.56%
Bid price-
Offer price-
Mid price493.3
CurrencyGBX
Price updated17/08/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTT10
Smith & Williamson UK Equity Growth B Inc
Initial charge-
Annual charge0.65%
Min single investment£250,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price169.2
CurrencyGBX
Price updated17/08/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA1GI
Data provided by

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