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Contact details

ManagerGroupLogo
15 Dalkeith Road, Edinburgh, EH16 5BU
0131 655 6000 (Enquiries)
0131 662 4053 (Fax Number)
0845 300 2244 (Main Number)

Fund managers

* SWIP Quantitative Investment Team01-Oct-2012 to Present
 
view    
Nick Ford»30-Nov-2007 to 29-Sep-2012
Nick Millington»05-Aug-2011 to 29-Sep-2012
Patricia Wilson»01-Dec-2005 to 29-Nov-2007
Andrew Herberts»01-Jun-2005 to 30-Nov-2005
Christine Martyn»01-Jun-2000 to 31-May-2005
Alistair Graham»01-Nov-2001 to 31-Oct-2002


Investment objectives

To give long-term capital growth by investing in a wide portfolio of mainly North American company shares.

Key Information

Fund vs sector

  1y 3y
Position 60 / 84 45 / 76
Quartile 3 3

Fund ratings

BLANKMstar OBSR
Analyst
(Qualitative)
FE Crown Rating: 3 FE Crown Rating
(Quantitative)

Ratios

  1y 3y
Volatility 5.05 10.35
Alpha 2.32 0.34
Beta 0.75 0.95
Sharpe 1.64 1.18
Info Ratio -0.25 -0.13
R2 0.85 0.91
Quartiles:   1  2  3  4   help with ratios
vs. North America»
performance chart
chart
    1y3y5y12m-24m24m-36m36m-48m48m-60m
ACC +15.7+73.2+101.3+27.1+17.7+0.0+16.2
  NORTH AMERICA   +17.4+74.1+98.1+28.7+15.2-1.8+15.9
Clean share class
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf SCOT WID AMERICAN GROWTH B ACC 1102.00 (p) 28-Nov-2014 0.50 1.24% AB03 3163159
Other share classes
   Bid OfferDateYieldOCF help CiticodeSEDOL
pdf SCOT WID AMERICAN GROWTH A ACC 1036.00 (p) 28-Nov-2014 0.20 1.61% TS53 3163171

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£465.6m / $732.0m (31-Oct-14)
Savings plan Fund has Savings Plan Minimum: £ 50.0 Monthly Launch30-Nov-1979
Pricing times08:00 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 chargesn/a
Trustee / DepositaryState Street Trustees Limited
RegistrarScottish Widows Investment Partnership
Multi-Managern/a
Indexn/a
Dividend policyDec 01 (Final)
Peer groups
Region Asset Class Investment Focus Sector
North America Equity Mixed North America
Largest holdings, 30-Sep-2014
Holding (%) Rank Fund factsheet Equity factsheet
APPLE INC COM STK NPV 3.19 1 - -
S+P500 EMINI FUT DEC14 XCME 20141219 S&P500 EMINI 2.74 2 - -
SWIP GLF ADVISORY 6BP INC GBP 2.13 3 - -
JOHNSON & JOHNSON COM USD1 1.98 4 - -
MICROSOFT CORP COM USD0.0000125 1.93 5 - -
EXXON MOBIL CORP CAP STK NPV 1.85 6 - -
WELLS FARGO & CO COM USD1 2/3 1.66 7 - -
CHEVRON CORP COM US$0.75 1.54 8 - -
PFIZER INC COM USD0.05 1.33 9 - *
COMCAST CORP COM CLS'A' USD0.01 1.22 10 - -
Total19.57 
Regional weightings, 30-Sep-2014
Region(%)Rank 
North America97.351 97.35% North America
UK2.652 2.65% UK
Total100.00 
Sector weightings, 30-Sep-2014
Sector(%)Rank 
Financials16.571 16.57% Financials
Technology15.752 15.75% Technology
Consumer Services13.443 13.44% Consumer Services
Health Care12.224 12.22% Health Care
Consumer Goods9.675 9.67% Consumer Goods
Industrials9.026 9.02% Industrials
Oil & Gas8.947 8.94% Oil & Gas
North America Equity3.798 3.79% North America Equity
Utilities3.279 3.27% Utilities
Cash2.5610 2.56% Cash
Basic Materials2.4311 2.43% Basic Materials
Telecommunications2.2212 2.22% Telecommunications
Futures0.1213 0.12% Futures
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 America Equity, 97.32%
97.3200% ofNorth America Equity
Money Market, 2.56%
2.5600% ofMoney Market
Futures, 0.12%
0.1200% ofFutures

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