CF Miton Special Situations Portfolio

Miton
December
2014
Fact sheet
For professional investors only
CF Miton Special Situations Portfolio
A Acc GBP Share Class
FUND FACTS
INVESTMENT OBJECTIVE
Fund launch date
31 December 1997
Fund type
OEIC
Fund manager
David Jane
The objective of the fund is to provide long term growth by investing in a portfolio of other
authorised funds, worldwide equities, fixed interest stocks, cash and money market instruments.
The investment manager will take a fundamental and value driven approach to portfolio allocation,
dependent on the relevant attractions of the world equity, fixed interest and currency markets.
The fund will take an aggressive view of the stock market weightings in the portfolio, when
compared to a neutral world market capitalisation.
Anthony Rayner
Fund size
£420.8m
No of holdings
101
IMA sector
Flexible Investment
Base currency
GBP
PERFORMANCE ANALYSIS
Valuation point
12:00 midday
Performance since launch (%)
Accounting dates
Final - 30 June
350
Interim - 31 December
300
TOP 10 HOLDINGS
250
%
200
1. US Treasury Bond 4.5%
4.7
150
2. Japan Residential Investment Co Ltd
3.1
100
3. UK Government Bond 5%
3.1
50
4. The Diverse Income Trust plc
2.9
0
5. UK Government Bond 6%
2.8
-50
6. Better Capital PCC Ltd
2.6
7. UK Government Bond 0.125%
2.5
8. UK Treasury Gilt 4.25%
2.4
Cumulative performance (%)
9. UK Government Bond 4.25%
2.3
10. NB Distressed Debt Inv Fund Ltd
2.0
Dec 98
nFund
Dec 00
Dec 02
Dec 04
Dec 12
2.69
3.08
‑0.62
‑0.62
2.66
13.16
‑0.61
2.64
3.67
4.89
4.89
n/a
n/a
ASSET ALLOCATION
Discrete annual performance (%)
Dec 10
‑0.37
%
Dec 08
Dec 14
1m3m6m
YTD 1y 3y 5y10y
Launch
Total28.4
Sector
Dec 06
89.28 298.67
n/a
n/a
31.12.201331.12.201231.12.201131.12.201031.12.2009
31.12.201431.12.201331.12.201230.12.201131.12.2010
UK equity
15.2
US equity
13.3
UK government bonds
13.1
Fund
‑0.62
3.95
‑0.63
1.79
8.29
Europe ex UK equity
12.2
Sector
4.89
14.54
n/a
n/a
n/a
Property
11.6
Japan equity
11.4
Overseas government bonds
9.2
Alternatives
5.3
Overseas corporate bonds
2.0
Asia ex Japan equity
1.8
Emerging market equity
1.7
Commodities
0.6
Cash
2.6
Source for all performance data: FE Analytics. Basis: Mid to mid, net income reinvested and
net of fees in UK Sterling terms. Performance is shown against the Flexible investment sector
which the fund moved to on 18.06.2012. Prior to this date we are unable to show the sector
performance as the fund was not in this sector at that time.
The use of past performance is not a reliable indicator of future results.
.
Data as at 31 December 2014
To obtain commentary from the fund manager please visit www.mitongroup.com
Miton
December
2014
Fact sheet
For professional investors only
CF Miton Special Situations Portfolio
SHARE CLASS DETAILS
STATISTICS OVER 3 YEARS
Annualised Volatility (%)
Annualised Alpha (%)
3.8
‑0.7
Beta
0.2
FE risk rating
37
STATISTICS GLOSSARY
Annualised volatility
A measure which describes the fluctuation of a
fund’s price over time. While volatility is specific
to a fund’s particular mix of investments, higher
volatility is generally considered to equate to higher
risk.
Annualised alpha
A measure of a fund’s performance by comparison
to its sector representing the return of the fund
when the sector is assumed to have a return
of zero and indicates the extra value that the
manager’s activities have contributed.
Beta
A statistical estimate of a fund’s volatility by
comparison to that of its sector. A fund with a Beta
close to 1 means that the fund will move generally
in line with the sector. Higher than 1 and the fund
is more volatile than the sector.
FE risk rating
Measures the volatility of the fund relative to the
FTSE 100 index, which has a risk rating of 100.
Funds more volatile than the FTSE 100 have a
score above 100 and vice versa.
Broker Support Desk
020 3714 1525
[email protected]
www.mitongroup.com
Capita Dealing Line
0845 606 6182
Lines are open from 9am to 5pm (Monday to
Friday excluding Bank Holidays). Telephone
calls may be recorded for monitoring and
training purposes.
Data as at 31 December 2014
Share class
ISIN
Sedol
Bloomberg
InitialOngoing Month-end
charge1charges2 share price
A Acc GBP
GB00B031C923 B031C92
CFMSSPA:LN
5.00%
1.88%
193.67p
B Acc GBP
GB00B0W1V856 B0W1V85 CFMSSBA:LN
1.00%
1.13%
209.06p
C Acc USD
GB00B0BV9936 B0BV993
CFMSSCA:LN 5.00%
2.13%
295.69c
F Acc EUR
GB00B39JC797 B39JC79
CFMSEFA:LN
5.00%
2.13%
241.98c
N Acc GBP
GB00B7FBBL47 B7FBBL4
CFMSSNA:LN 5.00%
1.38%
104.26p
Minimum investment: £1,000 lump sum or £50 regular premium for A share class, for all other
share classes please visit our website.
1. Initial charges are fully discounted
2. Based on expenses at 31.12.2013.
IMPORTANT INFORMATION
As the funds have, or may have, exposure to overseas currencies, movements in exchange rates may,
when not hedged, cause the value of your investments to increase or decrease.
The information on this factsheet is as at 31.12.2014 and refers to the A Accumulation share class
unless stated otherwise. Past performance is not a guide to future returns. The value of investments
and any income may fluctuate and investors may not get back the full amount invested. This fund
may experience high volatility due to the composition of the portfolio or the portfolio management
techniques used. Before investing you should read the key investor information document (KIID) as
it contains important information regarding the fund, including charges, tax and fund specific risk
warnings and will form the basis of any investment.
The prospectus, KIID and application forms are available from Capita Financial Managers, the
Authorised Corporate Director of the Fund. Miton is a trading name of Miton Asset Management the
Investment Manager of the Fund which is authorised and regulated by the Financial Conduct Authority
and is registered in England No. 1949322 with its registered office at 51 Moorgate, London, EC2R
6BH.
Source for all performance data: FE Analytics. Basis: Mid to mid, net income reinvested and net of fees
in UK Sterling terms. MFP15/002
ADVISER CONTACTS
Neil Bridge
Giles Robinson
Carl Rowbury
Mark Wright
Ceri Morris
Andrew Mellis
Head of Sales and Discretionary Key Accounts & Panels
07850 740 642 | [email protected]
Discretionary Sales Manager, London, South East & Channel Islands
07738 311 483 | [email protected]
Regional Sales Manager, North, Scotland & N. Ireland
07794 405 807 | [email protected]
Regional Sales Manager, Midlands
07970 950 107 | [email protected]
Regional Sales Manager, South West & South Wales
07831 750 657 | [email protected]
Regional Sales Manager, London and the South East
07767 612 572 | [email protected]