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Contact details

ManagerGroupLogo
10 Exchange Square, Primrose Street, London, EC2A 2BY
087 0606 6402 (Dealing)
020 7426 4707 (Fax Number)
020 7426 4000 (Main Number)

sales@closebrothers.com

Fund managers

* Riitta Hujanen24-Apr-2013 to Present
 
view    
Chris Bailey»03-Sep-2010 to 23-Apr-2013


Investment objectives

The investment objective of the Fund is to provide capital growth by investing primarily in equities in the UK and overseas. The balance of the fund will be invested in a mix of fixed interest and money market instruments.

Key Information

Fund vs sector

  1y 3y
Position 58 / 130 62 / 120
Quartile 2 3

Fund ratings

BLANKMstar OBSR
Analyst
(Qualitative)
FE Crown Rating: 4 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 6.76 9.85
Alpha 1.31 -0.12
Beta 1.05 1.07
Sharpe 0.56 0.70
Info Ratio 0.50 0.12
R2 0.79 0.85
Quartiles:   1  2  3  4   help with ratios
vs. IMA Flexible Investment»
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
ACC +0.1+23.3n/a+11.1+10.9+1.2n/a
  IMA FLEXIBLE INVESTMENT   +0.0+24.5+31.2+13.6+9.6-3.9+9.6
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf CLOSE GROWTH PORTFOLIO X ACC ACC 142.00 (p) 20-Oct-2014 1.59 0.85% GOXF B7F1W22
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf CLOSE GROWTH PORTFOLIO Y ACC ACC 153.20 (p) 20-Oct-2014 1.33 1.10% 0GXV B6Y7PZ8
pdf CLOSE GROWTH PORTFOLIO A ACC ACC 133.40 (p) 20-Oct-2014 0.90 1.60% KUX7 B4XWGV3

The Ongoing Charges Figure (OCF) shows the drag on performance caused by operational expenses associated with a fund.

Expenses which are represented by this figure include payments to the manager, the trustee the custodian and their representatives. The figure also includes registration, regulatory, audit and legal fees, and the costs of distribution.

Performance fees, transaction costs, interest on borrowing, costs associated with derivatives, entry and exit fees and soft commissions are not included in the OCF calculation, and should be factored in separately by the investor.

The OCF is calculated by taking the sum of these expenses incurred in the last 12 months and dividing this by the average net assets of that class for the last 12 months.

Total Expense Ratio (TER) is a formula designed to show the ongoing costs to the investor associated with a fund, including some charges which are not factored into the annual management fee. In addition the fund’s annual fee, charges such as trading fees, audit and legal fees, and operational expenses are included in the TER, which is worked out by dividing the total cost of the fund by its total assets to arrive at a percentage.

Unlike the Ongoing Charges Figure, the TER takes into account performance fees. It does not include transaction costs paid to the custodian.

Detailed fund information
Fund type flag UK Unit Trust
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£299.2m / $482.5m (20-Oct-14)
Savings plan Fund has Savings Plan Minimum: £ 250.0 Monthly Launch03-Sep-2010
Pricing times12:00 daily Dealing frequencyDaily
Dealing times11.45
Minimum initial£ 1,000
Minimum additional£ 250
Initial charge5.00%
Annual management charge1.35%
Note to chargesInitial Charges: ;
Trustee / DepositaryBNY Mellon Trust & Depositary (UK) Limited
RegistrarBNY Mellon International Bank Ltd
Multi-Managern/a
Indexn/a
Dividend policyApr 01, Oct 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
Global Mixed Asset Risk targeted multi-asset solution IMA Flexible Investment
Largest holdings, 31-Aug-2014
Holding (%) Rank Fund factsheet Equity factsheet
SHIRE PLC 2.95 1 - *
ACTELION 2.92 2 - -
APPLE INC 2.90 3 - -
MICROSOFT CORP 2.81 4 - -
CHECK POINT SOFTWARE TECHNOLOGIES 2.71 5 - -
PRICELINE.COM INC 2.63 6 - -
ROYAL DUTCH SHELL 2.60 7 - *
ACTAVIS PLC 2.59 8 - -
ORACLE CORP 2.55 9 - -
HENNES & MAURITZ AB 2.47 10 - -
Total27.13 
Regional weightings, 31-Aug-2014
Region(%)Rank 
North America35.241 35.24% North America
Europe ex UK17.262 17.26% Europe ex UK
UK16.733 16.73% UK
Alternatives & Fixed interest corporate bond14.774 14.77% Alternatives & Fixed interest corporate bond
Japan7.575 7.57% Japan
Cash6.016 6.01% Cash
Emerging Asia2.427 2.42% Emerging Asia
Total100.00 

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.

 
 
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Asset allocation

North American Equities, 35.24%
35.2400% ofNorth American Equities
Europe ex UK Equities, 17.26%
17.2600% ofEurope ex UK Equities
UK Equities, 16.73%
16.7300% ofUK Equities
Global Corporate Fixed Interest, 8.67%
8.6700% ofGlobal Corporate Fixed Interest
Japanese Equities, 7.57%
7.5700% ofJapanese Equities
Alternatives, 6.10%
6.1000% ofAlternatives
Cash, 6.01%
6.0100% ofCash
Asia Pacific Emerging Equities, 2.42%
2.4200% ofAsia Pacific Emerging Equities

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