The Share Centre - Fund fact sheet

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TM Cerno Select C Acc

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Fund objective

TM Cerno Select is a multi-asset class fund under the UCITS regime. The portfolio will invest globally, based on the manager's assessment of the best risk-adjusted returns. The manager is able to make flexible allocations to different asset classes using an unconstrained investment toolbox. In terms of investment instruments, the manager will make allocations to specialist strategies via managers, individual securities, investment trusts and tracker instruments such as ETFs. The investment objective is total return with a distinct aversion to capital loss.

Before you invest
Please make sure you read, and keep a copy of the Key Investor Information Document for this fund. If you do not understand any point please contact our Customer Service team on 01296 41 41 41.

Cumulative Performance to 22/03/17

(Total percentage return with the net income (dividends) reinvested)

- TM Cerno Select C Acc

- IA Flexible Investment


Discrete Annual Performance to 31/12/16

Percentage performance figures in 5 discrete (distinctly separate) consecutive one year periods
0-12m % 12-24m % 24-36m % 36-48m % 48-60m %
TM Cerno Select C Acc 6.60 3.23 5.69 n/a n/a
IA Flexible Investment 13.82 1.99 4.89 14.54 10.13


Top holdings

%

Ishares Us Treasury 20Yr+ 27.10%
Global Leaders 21.70%
Infrastructure Stocks 10.10%
Ocean Dial Gateway To India 8.70%
Ishares Physical Gold 5.60%
Goodhart Partners Horizon Fund Michinori Japan Equity A Gbp Inc Hdg 5.30%
Polar Capital Japan Jpy 4.50%
Baillie Gifford Global Discovery B Acc 4.30%
Edinburgh Worldwide It Plc 3.20%
Etfs Metal Securities Ltd Etfs Physical Gold (Dt Zert) 2.60%

Classification

%

International Equities 60.00%
Global Index Linked 26.00%
Commodity & Energy 5.00%
Options 1.00%

Basic fund information

Currency Sterling
IMA Sector IA Flexible Investment
Bid price (p) n/a
Mid price (p) 1280.00
Offer price (p) n/a
ISA eligible? Y
Fund launch date 04/09/13
Fund size (£m) 65.60
OCF as at 09/09/2016 1.40%
AMC % 0.75
Yield % 0.00
Dividend Date Jun, Dec

Ratios

%

Alpha 0.24
Beta 0.75
Sharpe 0.38
RSquared 0.73
Information -0.42
Volatility 6.65

Quartile rankings

1 year 4
3 year 4
5 year n/a

Manager biography - James Spence 04/09/2013

James is a co-founder of Cerno Capital and lead manages a number of the firm's collective and private portfolios. After qualifying as a chartered accountant in London (Coopers & Lybrand, 1989) he relocated to Asia. Between 1991 and 2004 he worked as an equity analyst, head of research, and latterly as an equity strategist at WI Carr, Paribas, HSBC and UBS, based variously in Hong Kong, Singapore and Jakarta. James graduated from the University of St Andrews, Scotland with an MA in Philosophy & Logic in 1986. James is a Member of the Chartered Institute for Securities & Investment.


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Performance data correct as at 22/03/17

To find out more about how we arrive at our views on investments and risk, please read our investment research policy

Price total return performance figures are calculated on a bid price to bid price basis (mid to mid for OEICs) with the net income (dividends) reinvested. Performance figures are shown in Sterling unless otherwise specified.


Source: Financial Express