fund
Threadneedle Global Extended Alpha C2
Global long/short equity fund
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493.42p
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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0.75%
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).
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0.88%
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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0.00%
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…
Fund summary
Sector | Global |
Structure | OEIC |
Launched | July, 2008 |
Size | £226m |
Yield | 0.00% |
Charging basis | Income |
Dividends paid | Acc units only |
Charges
Standard initial charge | 0.00% |
Initial charge via Bestinvest | 0.00% |
Additional bid/offer spread | 0.00% |
Annual management charge | 0.75% |
Ongoing charges figure | 0.88% |
Allocation
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Investment process
The fund aims to achieve long-term capital by investing in a portfolio of global stocks which includes both developed and emerging markets. It may hold equities, derivatives, forward transactions, collective investment schemes and it also has the ability to invest in other securities (including fixed interest securities and money market securities), deposits and cash.
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 -1.08%
- 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.
Neil Robson
Robson joined Threadneedle in 2011 as a fund manager in the Global Equities team, with specific responsibility for managing concentrated portfolios. Previously, he was Head of Global Equity at Pioneer Investments from 2003 to 2009. Before that he was senior Global Sector Strategist at Baring Asset Management from 2001. and prior to that ran money from 1986 at companies including Martin Currie, Barings and Citibank. He holds an Economics degree from Bristol University.
Track record
The track record of Neil Robson in managing mutual funds in this sector is still too short for us to draw any meaningful conclusions and so our assessment is based largely on qualitative aspects.
Periods of worst performance
Absolute | -36.00% (February 2000 - June 2001) |
Relative | -26.00% (February 2000 - April 2001) |
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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Top 10 holdings
Data accurate as at 31 May 2020
7.1% | Amazon.com Inc |
6.9% | Alphabet Inc. Class A |
6% | Microsoft Corp |
3.5% | Comcast Corp(New) |
3% | Mastercard Inc |
2.9% | Facebook Inc |
2.9% | Reckitt Benckiser Group Plc |
2.8% | Lam Research Corp |
2.7% | Equinix Inc |
2.7% | Samsung Electronics Co |
Source: Trustnet |
Sector breakdown
Information Technology | 22.00% |
Communications | 21.00% |
Health Care | 16.00% |
Consumer Discretionary | 13.00% |
Financials | 7.00% |
Consumer Staples | 6.00% |
Materials | 5.00% |
Industrials | 4.00% |
Real Estate | 3.00% |
Cash & Cash Equivalents | 3.00% |
Key Investor Information