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Contact details

201 Bishopsgate, London, EC2M 3AE
0845 608 8703 (Dealing)
0800 832 832 (Main Number)

Fund managers

* James Ross01-Feb-2013 to Present
* Neil Hermon»01-Feb-2013 to Present
Stephen Peak»09-Apr-2009 to 31-Jan-2013
Tim Steer»01-Nov-2001 to 09-Apr-2009

Investment objectives

To seek capital growth through a relatively concentrated portfolio principally investing in the securities of UK companies.

Key Information

Fund vs sector

  1y 3y
Position 70 / 285 249 / 276
Quartile 1 4

Fund ratings

FE Crown Rating: 1 FE Crown Rating


  1y 3y
Volatility 9.95 13.58
Alpha 0.87 -5.73
Beta 1.10 1.14
Sharpe 0.09 0.43
Info Ratio 0.34 -0.57
R2 0.90 0.70
Quartiles:   1  2  3  4   help with ratios
vs. UK All Companies»
performance chart
ACC +3.7+31.8+28.8+20.4+5.6-21.3+24.2
  UK ALL COMPANIES   +2.0+46.9+60.5+21.9+18.2-8.3+19.2
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf HENDERSON UK ALPHA C ACC ACC 581.00 (p) 22-Dec-2014 0.90 0.55% 039U B41FZF1
pdf HENDERSON UK ALPHA I ACC ACC 230.40 (p) 22-Dec-2014 1.40 0.83% NB58 3095683
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf HENDERSON UK ALPHA A ACC ACC 104.80 (p) 22-Dec-2014 1.00 1.69% NH01 3095694

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£412.5m / $644.1m (22-Dec-14)
Savings plan Fund has Savings Plan Minimum: £ 100.0 Monthly Launch12-Nov-2001
Pricing times12:00 Daily Dealing frequencyDaily
Dealing times12
Minimum initial£ 1,000
Minimum additional£ 100
Initial charge5.25%
Annual management charge1.50%
Note to chargesInitial Charges: ;
Trustee / DepositaryNational Westminster Bank plc
RegistrarInternational Financial Data Services (UK) Ltd
Dividend policySep 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
United Kingdom Equity Mixed UK All Companies
Largest holdings, 31-Oct-2014
Holding (%) Rank Fund factsheet Equity factsheet
HSBC 7.00 1 - -
PRUDENTIAL 3.40 3 - *
DIAGEO 3.30 4 - *
BHP BILLITON 3.20 6 - *
RIO TINTO 2.90 8 - *
AA 2.80 9 - -
BT GROUP 2.70 10 - -
Regional weightings, 31-Oct-2014
UK98.001 98.00% UK
Cash2.002 2.00% Cash
Sector weightings, 31-Oct-2014
Financials29.201 29.20% Financials
Industrials18.002 18.00% Industrials
Consumer Services17.603 17.60% Consumer Services
Oil & Gas7.804 7.80% Oil & Gas
Basic Materials7.805 7.80% Basic Materials
Telecommunications7.506 7.50% Telecommunications
Consumer Goods5.607 5.60% Consumer Goods
Health Care2.808 2.80% Health Care
Cash2.009 2.00% Cash
Technology1.7010 1.70% Technology

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

UK Equities, 98.00%
98.0000% ofUK Equities
Cash, 2.00%
2.0000% ofCash

FE Adviser Fund Index

Sector analysis


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