Fact sheet: TB Saracen UK Alpha

Fund information
Fund name
TB Saracen UK Alpha B Acc
Fund manager company
T. Bailey Fund Srvs Ltd (ACD)
Fund type
OEIC
Fund managers
  • Scott McKenziesince 31/05/2017
Fund objective
The objective is to achieve a higher rate of return than the MSCI UK All Cap Index by investing in a portfolio of primarily UK equity securities with the potential for long term growth.
Benchmark
  • FTSE All Share
Investment style
Active,Growth
Investment method
Shares
Quick stats
1 Year return
21.5%
1 Year rank in sector
37/274
Sector
UT UK All Companies
Yield
1.7%
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.
1.24%
Fund size
£28m (£24m 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.
82
Mid price
7.1994
Top in this sector
Fund name1 Year
Elite Webb Cap SmCos Inc&Gth38.6%
Unicorn UK Growth37.2%
MI Chelverton UK Equ Grth36.8%
MFM Bowland36.2%
Blackrock Inst Eq UK Sm Cos34.7%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%1.3%2.8%21.5%39.1%97.3%
Sector-1.9%0.4%1.3%15.2%27.9%68%
Rank within sector176 / 28060 / 27963 / 27737 / 27452 / 25840 / 245
Quartile3rd1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund15%5.5%10.6%2.7%34.7%
Sector9.8%11.2%3.7%0.6%25.7%
Rank within sector40 / 275215 / 26551 / 25863 / 25241 / 245
Quartile1st4th1st1st1st
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.
2.49
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.
1.02
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.
0.8
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%.
11.54
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.
7.1
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.
0.34
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.
0.63
Price movement
52 week high7.44
52 week low5.91
Current bid price-
Current offer price-
Current mid price7.2
Region
1UK100%
Industry sector
1Consumer Services20.5%
2Industrials18.9%
3Financials16.4%
4Consumer Goods15.7%
5Basic Materials14.8%
6Oil & Gas3.4%
7Telecommunications3.2%
8Others2.9%
9Health Care2.8%
Asset type
1UK Equities100%
Individual holdings
1GLEESON(M.J.)GROUP6.1%
2RPC GROUP PLC4.7%
3VICTORIA4.7%
4TYMAN PLC4.6%
5RESTORE PLC4.4%
6RIO TINTO PLC4.4%
7GKN4.2%
8STV GROUP PLC4.2%
9PRUDENTIAL PLC3.6%
Management
Fund manager group
T. Bailey
Fund manager company
T. Bailey Fund Srvs Ltd (ACD)
Fund type
OEIC
Fund objective
The objective is to achieve a higher rate of return than the MSCI UK All Cap Index by investing in a portfolio of primarily UK equity securities with the potential for long term growth.
Benchmark
  • FTSE All Share
Investment style
Active,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Scott McKenzie31/05/2017Scott joined Saracen in 2014 and has managed the Fund since launch. He has 20 years’ experience managing equity income funds.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
France, United Kingdom
TB Saracen UK Alpha A Acc
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.74%
Total expense ratio (TER)1.77%
Bid price-
Offer price-
Mid price4.4634
CurrencyGBP
Price updated16/11/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSI77
TB Saracen UK Alpha B Acc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.24%
Total expense ratio (TER)1.27%
Bid price-
Offer price-
Mid price7.1994
CurrencyGBP
Price updated16/11/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeSI76
Data provided by

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