SVS Church House Tenax AbsRt Strts C Acc (FUND:BNBNRF2) - Overview

Fund Report

SVS Church House Tenax Absolute Return Strategies Fund C Acc

Key Stats
Morningstar® CategoryGBP Cautious Allocation
Manager Name-
Inception Date18/06/2014
NAV 09/12/2016GBX 154.70
Day Change0.06%
12 Month Yield1.70%
ISINGB00BNBNRF27
SEDOLBNBNRF2
Dividend FrequencySemi-Annually
Net Assets (mil) 30/11/201670.29 GBP
Wrapper AvailabilityAll
Our Minimum Initial Investment1.00 Share
Pricing FrequencyDaily
Dealing Cut off Time10:30:00
Regular InvestmentYes
Actual Initial Charge0.00%
Exit Charge-
Custody ChargeYes
Fund Ongoing Charge-
AMC0.75%
Fund Rebate-

Morningstar Rating™

Not Rated

Morningstar Sustainability Rating

No Rating

No Rating


Sustainability Rating as of -

Benchmarks

Fund Benchmark

ICE LIBOR 3 Month GBP

Morningstar® Benchmark

Cat 75%Barclays Stlg Agg TR&25%FTSE Wld TR

Growth Of 10,000 (GBP) 30/11/2016

How has this security performed
20122013201420152016
Fund---4.197.01
Category---0.686.50
Benchmark---1.5612.68
  • Fund: SVS Church House Tenax Absolute Return Strategies Fund C Acc
  • Category: GBP Cautious Allocation
  • Benchmark: Cat 75%Barclays Stlg Agg TR&25%FTSE Wld TR
Trailing Returns % (GBP) 09/12/2016
FundCatBmark
YTD7.367.0813.03
3 Years Annualised---
5 Years Annualised---
10 Years Annualised---

Morningstar SRRI

Lower Risk
Higher Risk
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
Potentially Lower ReturnsPotentially Higher Returns
Source: Morningstar

Investment Objective

The Sub-fund has an absolute return objective, aiming to achieve positive returns over rolling twelve-month periods at lower levels of volatility than experienced in traditional balanced funds. Please note: capital invested in the Sub-fund is at risk, there is no guarantee that a positive return will be achieved over a rolling twelve-month, or any other, period. The Sub-fund is broadly diversified across asset classes with limits on exposure to different classes, wherever possible seeking low correlation of returns between the classes and low volatility in the Sub-fund’s overall value. The Sub-fund is prepared to hold high proportions in cash and other lower-risk assets in pursuit of the objective. The Sub-fund may invest in the following asset classes: transferable securities, money market instruments, units or shares in collective investment schemes, and cash deposits. No more than 10% of the Sub-fund’s total assets may be invested in collective investment schemes.

Portfolio Profile30/11/2016

Morningstar Style Box®

Equity Style

Large, Mid, SmallSize
Value, Blend, Growth
Style

Fixed Income Style

High, Med, LowCredit Quality
Ltd, Mod, Ext
Interest Rate Sensitivity
Asset Allocation %
LongShortNet
Stocks7.080.007.07
Bonds56.460.0056.46
Cash25.135.9719.16
Other17.430.1217.31
Top Stock Regions
Region%
United States31.92
United Kingdom26.55
Eurozone15.27
Europe - ex Euro9.45
Asia - Developed6.26

Top Sectors

Stock Sector%
Financial Services27.79
Industrials17.34
Basic Materials16.65
Consumer Cyclical10.30
Consumer Defensive7.72
Fixed Income Sector%
Corporate Bond43.71
Cash & Equivalents30.92
Government12.05
Government Related8.96
Covered Bond1.44
Top Holdings
NameSector%
IncreaseDecreaseNew since last portfolio
United Kingdom (Government Of) 1% 2017-09-07Not Classified7.18
Uk Treasury 2016 Zero 12/12/16 2016-12-12Not Classified5.69
Euro Inv Bk 3.25% 2016-12-07Not Classified2.93
Euro Inv Bk FRN 2020-02-17Not Classified2.85
United Kingdom (Government Of) 1.75% 2017-01-22Not Classified1.43
AJ Bell includes AJ Bell Holdings Limited and its wholly owned subsidiaries. AJ Bell Management Limited and AJ Bell Securities Limited are authorised and regulated by the Financial Conduct Authority. All companies are registered in England and Wales at Trafford House, Chester Road, Manchester M32 0RS. AJ Bell procures the provision of the Morningstar Licensed Tools on an “as is” basis and does not guarantee the performance of or accept liability for the Licensed Tools. To the maximum extent permitted by law, AJ Bell excludes liability for the Licensed Tools, including liability for any failure, interruption, delay or defect in the performance of any Licensed Tool, unless it arises as a direct result of the negligence of AJ Bell.
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