Marlborough ETF Absolute Return Accumulation
At a glance
| Initial charge | 4.50% |
|---|---|
| Initial saving | 4.50% |
| Annual charge | 1.50% |
| Annual saving | 0.150% ² |
| Total Expense Ratio | 1.79% |
| Launch date | 04-07-2005 |
| Launch price | £1.00 |
| Sector | Absolute Return |
| Fund size | £19 million |
| Number of holdings | 10 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
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About the Fund Manager
Raymond James Investment Services Limited
Located in: London
Raymond James Investment Services Limited (RJIS) is the UK private client investment management arm of Raymond James Financial, Inc. RJIS offers a complete wealth management service that is characterized by a commitment to exceptional service and open architecture access to the best products available in the market. With offices throughout the United Kingdom, RJIS has a particular expertise in the delivery of simple but sophisticated solutions to the complex needs of private clients.
RJIS commenced operation in 2001, and has over 5,600 client accounts serviced from 36 locations across the United Kingdom, representing total assets of £895million (US$1.69 billion) as at the end of October 2006. RJIS is a member of the London Stock Exchange, is authorised and regulated by the Financial Services Authority, and its Registered Office is at 77 Cornhill, London EC3V 3QQ.
Income details
| Historic yield | 1.49% |
|---|---|
| Income paid | Bi-annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 31 March 2008 |
|---|---|
| Payment date ³ | 31 July 2008 |
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Top 10 holdings
| DB X-TRACKERS GBP MONEY MARKETS ETF - CLS 1C GBP | 5.02% |
|---|---|
| DB X-Trackers FTSE 100 Short ETF | 3.52% |
| iShares DJ STOXX 600 Health Care DE | 3.19% |
| DB X-Trackers X-Trackers DJ Euro Stoxx 50 Short | 2.97% |
| Marlborough High Yield Fixed Interest Class A | 2.44% |
| ETFS OIL SECURITIES LD ETFS WTI 3YR | 0.94% |
| DB X-TRACKERS DJ STOXX 600 OIL GAS ETF | 0.61% |
| iShares S&P North American Technology- Software Index Fund | 0.52% |
| DB X-TRACKERS DJ STOXX 600 HEALTH CARE ETF | 0.40% |
| DB X-TRACKERS DJ STOXX 600 BASIC RESOURCES ET | 0.14% |
Top 10 sectors
| Cash and Equiv. | 80.36% |
|---|---|
| Non-Classified | 13.60% |
| Nonequity Investment Instruments | 3.19% |
| Bonds | 2.32% |
| Managed Funds | 0.52% |
Top 10 countries
| Cash and Equiv. | 80.36% |
|---|---|
| Non-Classified | 11.56% |
| Germany | 3.30% |
| Luxembourg | 1.38% |
| United Kingdom | 1.37% |
| Managed Funds | 0.52% |
| Netherlands | 0.42% |
| United States | 0.30% |
| France | 0.17% |
| South Africa | 0.15% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
As well as investing in shares and other assets, absolute return funds can also use derivatives to take short positions in companies. Therefore the returns depend primarily on the manager’s stock picking skills, not solely on the price of their holdings rising, and the standard analysis of the underlying investments is not applicable.
Last valuation as at 28-11-2008. Data accurate as at 03/11/2008.
