Coram Global Defensive A

  • 101.14p
    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.

  • -
    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?

  • 1.00% 0.00%

    Initial charge

    Some 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!

  • 0.75%
    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).

  • 1.61%
    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.

  • 0.00%
    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…

Prices as at 22 May 2020

The investment objective of the Fund is to seek to deliver long-term capital growth. The Fund will seek to achieve its objective by obtaining exposure to a wide range of asset classes. It may invest in (i) shares and other securities issued by companies based worldwide (ii) share/units of other funds (iii) debt securities (issued by governments or companies) (iv) property (v) cash and other liquid securities.

Fund summary

Sector Mixed Investment 0-35% Shares
Structure OFFSHORE FUND
Launched January, 2015
Size £5m
Yield 0.00%
Charging basis
Dividends paid Acc units only

Charges

Standard initial charge 1.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 0.75%
Ongoing charges figure 1.61%

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Investment process

Manager research

Average monthly relative returns

  • 15/16 0.00%
  • 16/17 0.18%
  • 17/18 0.15%
  • 18/19 0.51%
  • 19/20 -0.18%

Bestinvest MRI

  • 3 years 0.16%
  • 5 years 0.00%
  • Career 0.17%
  • 3 years 50.00%
  • 5 years 0.00%
  • Career 99.80%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

James Sullivan / Martin Gray

Track record

James Sullivan / Martin Gray has 4.5 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.17%. During the worst period of relative performance (from March 2010 - July 2010) there was a decline of 4% relative to the index. The worst absolute loss has been 4%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is more than 99%.

Periods of worst performance

Absolute -4.00% (March 2010 - July 2010)
Relative -4.00% (March 2010 - July 2010)

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

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Allocation

Proportion (%)

  • {{chartDataItem.text}}
    {{chartDataItem.value}}

Key Investor Information

Download