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Contact details

Neptune Investment Management, PO Box 9004, Chelmsford, Essex, CM99 2WR
0800 587 5051 (Dealing)
0870 889 0540 (Fax Number)

Fund managers

* James Hackman01-Jun-2014 to Present
Rebecca Edelman»01-Sep-2010 to 31-May-2014

Investment objectives

To provide a rising level of income with the potential for some capital growth also. The Fund invests mainly in North American companies, selected at the manager’s discretion, which may include Canada as well as the USA.

Key Information

Fund vs sector

  1y 3y
Position 54 / 86 66 / 76
Quartile 3 4

Fund ratings

FE Crown Rating: 1 FE Crown Rating


  1y 3y
Volatility 8.30 10.49
Alpha 1.51 0.27
Beta 0.99 0.90
Sharpe 1.89 1.36
Info Ratio 0.34 -0.32
R2 0.81 0.77
Quartiles:   1  2  3  4   help with ratios
vs. North America»
performance chart
ACC +16.0+53.8n/a+20.0+10.5+1.6n/a
  NORTH AMERICA   +15.0+64.8+90.9+26.9+13.0-2.8+19.1
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf NEPTUNE US INCOME C ACC GBP ACC 124.00 (p) 19-Dec-2014 2.38 1.02% JAYK B909H97
pdf NEPTUNE US INCOME C INC GBP INC 118.90 (p) 19-Dec-2014 2.43 1.02% JAYL B909HB9
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf NEPTUNE US INCOME A ACC ACC 175.00 (p) 19-Dec-2014 2.40 2.02% LAR4 B67N4T0
pdf NEPTUNE US INCOME A INC INC 153.20 (p) 19-Dec-2014 2.46 2.02% LAR5 B68NVN2
pdf NEPTUNE US INCOME B ACC ACC 170.80 (p) 19-Dec-2014 2.39 1.62% LAR6 B3NF314
pdf NEPTUNE US INCOME B INC INC 154.20 (p) 19-Dec-2014 2.47 1.88% LAR7 B68BMP5

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 Open Ended Investment Company (OEIC)
Own ISA wrapper Fund has ISA Wrapper help with ratios Fund size£25.3m / $39.7m (18-Dec-14)
Savings plan Fund has Savings Plan Minimum: £ 50.0 Monthly Launch30-Sep-2010
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesMonday to Friday 9am to 5pm
Minimum initial£ 1,000
Minimum additional£ 50
Initial charge5.00%
Annual management charge1.75%
Note to chargesInitial Charges: ;
Trustee / DepositaryState Street Trustees Limited
RegistrarInternational Financial Data Services (UK) Ltd
Dividend policyJan 01 (Final), Apr 01, Jul 01, Oct 01
Peer groups
Region Asset Class Investment Focus Sector
North America Equity Mixed North America
Regional weightings, 30-Sep-2014
United States of Ame95.191 95.19% United States of Ame
Cash2.702 2.70% Cash
Norway2.103 2.10% Norway
Sector weightings, 30-Sep-2014
Information Technolo16.071 16.07% Information Technolo
Industrials14.702 14.70% Industrials
Health Care13.213 13.21% Health Care
Financials13.164 13.16% Financials
Consumer Discretiona10.235 10.23% Consumer Discretiona
Consumer Staples9.876 9.87% Consumer Staples
Energy8.257 8.25% Energy
Materials7.218 7.21% Materials
Cash2.709 2.70% Cash
Utilities2.4710 2.47% Utilities
Telecommunication Se2.1111 2.11% Telecommunication Se

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

United States of Ame Equity, 95.19%
95.1900% ofUnited States of Ame Equity
Cash, 2.70%
2.7000% ofCash
Norway Equity, 2.10%
2.1000% ofNorway Equity

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