Newton Cautious Managed

Income and capital growth from a mixture of equities & bonds.

  • 0.00p Price (Inc)
  • - Price (Acc)
  • 4.00% 0.00% Initial charge
  • 1.25% Annual management charge
  • 1.57% Ongoing charges
  • 0.00% Yield

Fund summary

Sector Mixed Investment 20-60% Shares
Structure X-OEIC
Launched January, 1994
Size £41m
Yield 0.00%
Charging basis Capital
Dividends paid 30/11, 28/2, 31/5, 31/10.

Charges

Standard initial charge 4.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.25%
Ongoing charges figure 1.57%

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Investment process

The fund's aim is to achieve income and capital growth through investment in equities and fixed interest securities.

Manager research

Average monthly relative returns

  • 14/15 0.00%
  • 15/16 0.00%
  • 16/17 -0.19%
  • 17/18 -0.09%
  • 18/19 -0.13%

Bestinvest MRI

  • 3 years -0.14%
  • 5 years 0.00%
  • Career -0.07%
  • 3 years 50.00%
  • 5 years 0.00%
  • Career 63.30%

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

Simon Nicholls

Nicholls qualified as a Chartered Accountant with KPMG before moving to PriceWaterhouseCoopers and Wilton where he gained experience in corporate insolvency and private equity investing respectively. In April 2001 he joined Newton, working in the management of UK Equities. Whilst at Newton Nicholls has gained the CFA designation.

Track record

Simon Nicholls has 3.6 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.07%. During the worst period of relative performance (from December 2009 - February 2012) there was a decline of 8% relative to the index. The worst absolute loss has been 7%.

Periods of worst performance

Absolute -7.00% (May 2011 - September 2011)
Relative -8.00% (December 2009 - February 2012)

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.

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Top 10 holdings

Data accurate as at 28 February 2013

3.28% Novartis Ag
2.87% Royal Dutch Shell
2.52% Roche Hldg Ag
2.34% Norway(kingdom Of) 6.5% Bds 15/5/13 Nok1000
2.27% Australia(commonwealth Of) 4.75% Bds 21/04/27 Aud1000
2.19% Norway(kingdom Of) 3.75% Bds 25/05/21 Nok1000
2.17% Bayer Ag
1.99% Glaxosmithkline
1.89% Reed Elsevier
1.86% Centrica Plc
Source: Trustnet

Sector breakdown

Fixed Interest 25.00%
Health Care 13.00%
Money Market 13.00%
Industrials 9.00%
Oil & Gas 7.00%
Financials 7.00%
Consumer Goods 5.00%
Basic Materials 5.00%
Utilities 5.00%
Consumer Services 4.00%

Key Investor Information

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