Fact sheet: Syncona Limited

Fund information
Fund name
Syncona Limited Ord NPV
Fund manager company
Syncona
Fund type
Investment Trust
Fund manager
No data available.
Accolades
Highly commended - Best Mixed Asset Trust
Fund objective
BACIT Limited ("BACIT") targets attractive medium to long term returns by investing in leading long only and alternative investment funds with proven managers and across multiple asset classes. The composition of the investment portfolio will vary over time in terms of asset classes, strategies, managers and funds; BACIT intends to be invested in at least 15 distinct investment funds or managed account strategies over time.
Benchmark
  • Composite
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
43.3%
1 Year rank in sector
1/6
Sector
IT Biotechnology & Healthcare
Yield
1.1%
Fund size
£1,419m
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.
158
Mid price
215
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.
151.06
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.
+42.33
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.
100
Top in this sector
Fund name1 Year
Syncona Limited43.3%
Wldwide Hlthcare Tst PLC10.9%
Intl Biotechnology Trust10.1%
BB HlthcareTstPlcRedOrd1P9.5%
The Biotech Growth Trust PLC5.4%
...more in IT Biotechnology & Healthcare

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund8.8%8.5%16.2%43.3%80.2%98.4%
Sector8.8%3.7%2.7%9.2%21.8%109.4%
Rank within sector2 / 62 / 61 / 61 / 61 / 53 / 5
Quartile2nd2nd1st1st1st3rd
Calendar performance
 YTD - 20182017201620152014
Fund6.7%51.5%7.5%14.1%0.9%
Sector-0.1%15.6%6.2%12.7%39.3%
Rank within sector1 / 61 / 63 / 52 / 55 / 5
Quartile1st1st3rd2nd4th
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.
20.92
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.
0.04
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.
1.09
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%.
15.21
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.
23.68
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.
0.56
Price movement
52 week high216.5
52 week low151
Current bid price214
Current offer price216
Current mid price215
Region
1Europe29%
2Asia Pacific24%
3International20%
4UK16%
5USA7%
6Global Emerging Markets4%
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1THE SFP VALUE REALIZATION FUND3.8%
2POLAR CAPITAL UK ABSOLUTE EQUITY I EUR3.7%
3MAGA SMALLER COMPANIES UCITS3.2%
4POLAR CAPITAL JAPAN ALPHA3.2%
5POLYGON EUROPEAN EQUITY OPPORTUNITY3.2%
6AKO GLOBAL UCITS FUND2.9%
7SINFONIETTA2.5%
8PORTLAND HILL2.4%
9MAJEDIE UK EQUITY A ACC GBP2.3%
Management
Fund manager group
Bacit
Fund manager company
Syncona
Fund type
Investment Trust
Fund objective
BACIT Limited ("BACIT") targets attractive medium to long term returns by investing in leading long only and alternative investment funds with proven managers and across multiple asset classes. The composition of the investment portfolio will vary over time in terms of asset classes, strategies, managers and funds; BACIT intends to be invested in at least 15 distinct investment funds or managed account strategies over time.
Benchmark
  • Composite
Investment style
Multi Strategy
Investment method
Mixed
Fund manager
No data available.
Compliance
Offshore
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Offshore
Syncona Limited
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 price151.06
CurrencyGBX
Price updated31/03/2018
Type-
Institutional or retail classRetail
Domicile-
Citi codeNMZV
Syncona Limited Ord NPV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price214
Offer price216
Mid price215
CurrencyGBX
Price updated21/05/2018
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGWOP
Data provided by

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