fund
Close FTSE Techmark X
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311.20p
Price (Inc)
These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.
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Price (Acc)
These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?
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0.00%
Initial chargeSome funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!
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0.45%
Annual management charge
This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).
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0.70%
Ongoing charges
This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.
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0.90%
Yield
How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…
The investment objective of the Fund is to track the FTSE techMark Focus Index performance in capital terms.
Fund summary
| Sector | Technology and Telecoms |
| Structure | UNIT TRUST |
| Launched | |
| Size | £46m |
| Yield | 0.90% |
| Charging basis | Income |
| Dividends paid | Acc units only |
Charges
| Standard initial charge | 0.00% |
| Initial charge via Bestinvest | 0.00% |
| Annual management charge | 0.45% |
| Ongoing charges figure | 0.70% |
Allocation
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Investment process
The objective is to track the performance of the FTSE techMARK 100 index of LSE-listed technology stocks. The index was launched in November 1999 and includes small and medium sized companies - indeed, the techMARK 100 is a subset of the wider FTSE techMARK universe, being the the largest 100 companies but with a market cap of less than £4billion and above £100million. These young companies are characterised by their expertise and involvement in leading edge technology, such as biotechnology, Internet, software development and telecommunications.
Manager research
Average monthly relative returns
- 16/17 0.00%
- 17/18 0.00%
- 18/19 0.00%
- 19/20 0.00%
- 20/21 0.00%
Bestinvest MRI
- 3 years 0.00%
- 5 years 0.00%
- Career 0.00%
- 3 years 0.00%
- 5 years 0.00%
- Career 0.00%
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
Track record
Periods of worst performance
| Absolute | 0.00% () |
| Relative | 0.00% () |
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.
Allocation
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Sector breakdown
| Industrials | 39.00% |
| Technology | 34.00% |
| Health Care | 18.00% |
| Others | 8.00% |
Portfolio
The portfolio replicates the techMARK 100 and therefore holds around 100 stocks.
Key Investor Information