Fact sheet: Aviva Divfd Assets III Pn

Fund information
Fund name
Aviva Diversified Assets III Pn S3
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Gavin Counsellsince 31/12/2013
No data available.
Fund objective
The objective of the fund is to provide long term growth through exposure to a range of asset classes, that can include, but is not limited to equities, fixed interest, cash, property and commodities. The fund may also use derivatives. This fund is part of a range of funds that have been designed to offer different risk options. This fund is designed to provide a higher risk option, with the expectation of greater potential for growth, than Diversified Assets Fund II.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
22.4%
1 Year rank in sector
111/536
Sector
PN Specialist
Yield
-
Fund size
£130m (£62m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
80
Bid price
138.93
Top in this sector
Fund name1 Year
Scot Eq Technology Pn53.2%
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SIP Fidelity Gbl Technology Pn48.6%
Zurich AXAFramGblTechPn48.4%
SIP Sanlam Gbl Fin Pn48.1%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • North America40.5%
    Others18.6%
    Money Market12.5%
    UK10%
    Emerging Asia7.3%
  • Financials18.7%
    Cash & Cash Equivalents12.5%
    Consumer Goods10.4%
    Technology10.1%
    Industrials9.5%
  • International Equities73.6%
    Cash & Cash Equivalents12.5%
    UK Equities5.3%
    UK Gilts2.5%
    UK Corporate Fixed Interest2.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%3.4%4.6%22.4%37.2%-
Sector0.4%2.9%2.9%13.4%25.2%44.9%
Rank within sector358 / 559168 / 559108 / 551111 / 53699 / 397-
Quartile3rd2nd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.7%19.5%1.2%9.8%-
Sector3%11.6%2%7.2%11%
Rank within sector166 / 555125 / 519221 / 45486 / 392-
Quartile2nd1st2nd1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-1.06
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.63
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
0.81
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
9.95
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.42
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.79
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.94
Price movement
52 week high141.39
52 week low109.57
Current bid price138.93
Current offer price-
Current mid price-
Region
1North America40.5%
2Others18.6%
3Money Market12.5%
4UK10%
5Emerging Asia7.3%
6Asia2.6%
7Europe2.6%
8Central & S America1.9%
9Australasia1.7%
Industry sector
1Financials18.7%
2Cash & Cash Equivalents12.5%
3Consumer Goods10.4%
4Technology10.1%
5Industrials9.5%
6Consumer Services8.5%
7Health Care8.4%
8Fixed Interest6.5%
9Oil & Gas5.5%
Asset type
1International Equities73.6%
2Cash & Cash Equivalents12.5%
3UK Equities5.3%
4UK Gilts2.5%
5UK Corporate Fixed Interest2.1%
6Global Fixed Interest1.9%
7Property1.7%
8Others0.4%
Individual holdings
1APPLE INC1.4%
2MICROSOFT CORP0.9%
3NESTLE SA0.7%
4AMAZON.COM INC0.6%
5EXXON MOBIL CORP0.6%
6FACEBOOK INC0.6%
7JOHNSON & JOHNSON0.6%
8JPMORGAN CHASE & CO0.6%
9NOVARTIS AG0.5%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The objective of the fund is to provide long term growth through exposure to a range of asset classes, that can include, but is not limited to equities, fixed interest, cash, property and commodities. The fund may also use derivatives. This fund is part of a range of funds that have been designed to offer different risk options. This fund is designed to provide a higher risk option, with the expectation of greater potential for growth, than Diversified Assets Fund II.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Fund managers
NameSinceBiography
Gavin Counsell31/12/2013Gavin is responsible for managing a range of multi-asset funds. Joined the investment industry in 2000, and joined Aviva Investors in 2012. Prior to joining Aviva Investors, Gavin was a Senior Investment Consultant at Towers Watson within the Strategy team. Within this role Gavin provided strategic investment advice to pension scheme trustees; schemes with assets ranging from several hundred million to multi-billion. This included providing portfolio construction analysis and asset allocation advice, to achieve both target returns and diverse risk exposures. Before joining Towers Watson, he worked as a Pensions and Investment Consultant for Aon Consulting, between 2000 and 2007, focusing on asset liability modelling studies, asset allocation, portfolio structuring and performance analytics. Gavin is a qualified Fellow of the Institute and Faculty of Actuaries. He also holds a Master of Mathematics degree from the University of Warwick.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Diversified Assets III Pn CGU
Initial charge-
Annual charge0.63%
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price125
Offer price131.5
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4IZ
Aviva Diversified Assets III Pn CU
Initial charge-
Annual charge1%
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price123.3
Offer price129.8
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4IY
Aviva Diversified Assets III Pn Inet
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price140.98
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ6MQ
Aviva Diversified Assets III Pn NU
Initial charge-
Annual charge0.88%
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price133.03
Offer price-
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4IX
Aviva Diversified Assets III Pn S1
Initial charge-
Annual charge0.63%
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price124.83
Offer price131.4
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4IV
Aviva Diversified Assets III Pn S13
Initial charge-
Annual charge0.6%
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price124.83
Offer price-
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4IW
Aviva Diversified Assets III Pn S14
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price140.75
Offer price-
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK9HI
Aviva Diversified Assets III Pn S2
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price144.15
Offer price-
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ6MN
Aviva Diversified Assets III Pn S3
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price138.93
Offer price-
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ6MO
Aviva Diversified Assets III Pn S4
Initial charge-
Annual charge0.88%
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price133.03
Offer price-
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKKLA
Aviva Diversified Assets III Pn S6
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price144.1
Offer price-
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ6MP
Data provided by

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