To continue using FE Trustnet please choose an edition:

This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies on the website and how to delete cookies, see our Privacy and Cookie Policy.

I accept the FE Trustnet cookie policy

For more information Click here




It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table

Following their poor performance this year, are you going to increase your exposure to small cap funds in 2015?



You are here: Factsheet

Contact details

Saltire Court, 20 Castle Terrace, Edinburgh, EH1 2ES
44 (0) 131 228 5959 (Fax Number)
44 (0) 131 229 5252 (Main Number)

Fund managers

* Penny Kyle10-Sep-2012 to Present
Tom Walker»30-Apr-2002 to 30-Sep-2013
David Forsyth»01-Jun-2007 to 09-Sep-2012
Grant Wilson»16-Oct-2000 to 03-Dec-2002

Investment objectives

The fund’s objective is to produce capital growth by investment in the USA and Canada.

Key Information

Fund vs sector

  1y 3y
Position 58 / 86 52 / 76
Quartile 3 3

Fund ratings

FE Crown Rating: 1 FE Crown Rating


  1y 3y
Volatility 7.91 10.00
Alpha 0.51 0.33
Beta 0.99 0.94
Sharpe 1.85 1.54
Info Ratio 0.13 -0.27
R2 0.90 0.93
Quartiles:   1  2  3  4   help with ratios
vs. North America»
performance chart
ACC +11.9+57.6+74.1+28.1+9.9-7.6+19.6
  NORTH AMERICA   +13.6+61.3+86.4+25.9+12.8-3.0+19.1
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf MARTIN CURRIE NORTH AMERICAN H HEDGE ACC 190.90 (p) 18-Dec-2014 0.58 1.02% GDA0 B3VFF87
pdf MARTIN CURRIE NORTH AMERICAN B ACC 268.20 (p) 18-Dec-2014 0.61 0.97% ML99 3156085
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf MARTIN CURRIE NORTH AMERICAN A ACC 244.10 (p) 18-Dec-2014 0.00 1.72% SY02 3156074

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£199.0m / $311.3m (30-Nov-14)
Savings plan Fund has Savings Plan Minimum: £ 100.0 Monthly Launch01-Sep-1983
Pricing times12:00 Daily Dealing frequencyDaily
Dealing timesMon-Fri 09:00 to 17:00
Minimum initial£ 1,000
Minimum additional£ 100
Initial charge5.00%
Annual management charge1.50%
Note to chargesInitial Charges: ;
Trustee / DepositaryState Street Trustees Limited
RegistrarInternational Financial Data Services Limited
Dividend policyMar 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
North America Equity Mixed North America
Largest holdings, 30-Nov-2014
Holding (%) Rank Prev Fund factsheet Equity factsheet
APPLE INC 6.24 1 (1) - -
PROCTER & GAMBLE CO 3.87 2 (2) - -
CVS HEALTH CORP 3.52 3 (4) - -
PFIZER INC 3.17 5 (6) - -
JPMORGAN CHASE & CO 3.13 7 (5) - -
ORACLE CORP 2.96 8 (9) - -
DANAHER CORP 2.88 10 (-) - -
Regional weightings, 30-Nov-2014
USA99.221(1) 99.22% USA
Cash & Cash Equivalents0.782(2) 0.78% Cash & Cash Equivalents
Sector weightings, 30-Nov-2014
Information Technology20.261(1) 20.26% Information Technology
Health Care15.702(2) 15.70% Health Care
Financials13.283(3) 13.28% Financials
Industrials11.444(4) 11.44% Industrials
Consumer Staples9.775(6) 9.77% Consumer Staples
Consumer Discretionary9.686(7) 9.68% Consumer Discretionary
Energy8.097(5) 8.09% Energy
Materials5.138(8) 5.13% Materials
Telecommunications Utilities3.439(9) 3.43% Telecommunications Utilities
Utilities2.4410(10) 2.44% Utilities
Money Market0.7811(11) 0.78% Money Market

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.

Sign up for email alerts
Stay upto date on the latest fund research from FE
subscribe Readers of this page also looked at:
alter M&G Global Basics
alter M&G Recovery
alter Invesco Perp Corporate Bd
alter M&G American
alter M&G Optimal Income
Add your comment
Reload Change mode
Enter the words above:
Send comment
Be the first to comment on this Factsheet.

Investment options

pdf View & print PDF Factsheet
mail Email factsheet to a friend
life Click here for Martin Currie North American life wrappers
pension Click here for Martin Currie North American pension wrappers


Latest Fundswire  

Buy this fund here

You can now buy & sell funds and shares at our new sister-site at highly competitive rates

Asset allocation

US Equities, 99.22%
99.2200% ofUS Equities
Cash & Cash Equivalents, 0.78%
0.7800% ofCash & Cash Equivalents

FE Adviser Fund Index

Sector analysis


FE Trustnet portfolio

register   login
Register      Login
Use the plus sign add to portfolio on the left to add this fund to your portfolio