Fact sheet: Aviva Flexible Invt(CU) Pn

Fund information
Fund name
Aviva Flexible Investment (CU) Pn
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Peter Fitzgeraldsince 05/06/2013
  • Gavin Counsellsince 05/06/2013
No data available.
Fund objective
To provide long-term capital growth. The fund invests in a wide range of investments including UK and international shares. A high potential but higher risk investment.
Benchmark
  • Flexible Investment
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
20.7%
1 Year rank in sector
160/402
Sector
PN Flexible Investment
Yield
-
Fund size
£171m (£149m 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.
79
Bid price
708.8
Offer price
746.2
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn35.9%
Scot Eq UBS Stockmkt Mgd Pn33.7%
OMW IPL F&CUK EqLkd GiltPn32.9%
Baillie Gifford International PP32.3%
OMW M&G Managed Growth31.6%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • UK27.3%
    North America25.4%
    Europe15.3%
    Money Market7%
    Japan6.6%
  • Financials19%
    Consumer Goods11.3%
    Industrials11.3%
    Consumer Services9.2%
    Health Care8.3%
  • International Equities55.7%
    UK Equities25.4%
    Cash & Cash Equivalents7%
    Property3.7%
    Global Fixed Interest3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%3.7%8.9%20.7%32.8%58.2%
Sector0.4%3.1%5.1%15.8%28.4%50.8%
Rank within sector132 / 446179 / 428111 / 425160 / 402155 / 316138 / 258
Quartile2nd2nd2nd2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.4%16.1%4.3%5.4%16.6%
Sector2.9%14.2%2.5%6.7%14.8%
Rank within sector208 / 428183 / 38992 / 335192 / 310176 / 269
Quartile2nd2nd2nd3rd3rd
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.
-1.92
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.
1.37
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.
0.59
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%.
9.72
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.
3.83
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.
0.23
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.
0.91
Price movement
52 week high722
52 week low574.3
Current bid price708.8
Current offer price746.2
Current mid price-
Region
1UK27.3%
2North America25.4%
3Europe15.3%
4Money Market7%
5Japan6.6%
6Others5.6%
7Australasia3.4%
8Emerging Asia3.1%
9Asia2.9%
Industry sector
1Financials19%
2Consumer Goods11.3%
3Industrials11.3%
4Consumer Services9.2%
5Health Care8.3%
6Technology7.6%
7Cash & Cash Equivalents7%
8Oil & Gas6%
9Fixed Interest5.3%
Asset type
1International Equities55.7%
2UK Equities25.4%
3Cash & Cash Equivalents7%
4Property3.7%
5Global Fixed Interest3.4%
6Alternative Investment Strategies2.5%
7UK Gilts1.8%
8Others0.4%
9UK Corporate Fixed Interest0.1%
Individual holdings
1AVIVA INVESTORS MULTI-STRATEGY TARGET INCOME CLASS 81.2%
2BRITISH AMERICAN TOBACCO1.2%
3HSBC HLDGS1.2%
4ROYAL DUTCH SHELL1.2%
5BP1%
6APPLE INC0.9%
7AVIVA INVESTORS MULTI-STRATEGY TARGET RETURN CLASS 80.8%
8RIO TINTO0.8%
9ROYAL DUTCH SHELL0.7%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
To provide long-term capital growth. The fund invests in a wide range of investments including UK and international shares. A high potential but higher risk investment.
Benchmark
  • Flexible Investment
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Peter Fitzgerald05/06/2013Main responsibilities Peter manages our suite of outcome-focused multi-strategy capabilities targeting specific client outcomes such as achieving reliable capital growth and securing a steady stream of income. He also leads our global multi-asset investment team and is responsible for the strategic direction of our global multi-asset and multi-strategy offering. Experience and qualifications Peter began his career at Old Mutual in 1995 before joining BNP Wealth Management’s multi-asset team. He has extensive international experience having worked in Asia, Latin America and Europe. He joined us in 2011. Peter holds a postgraduate diploma in Education from Trinity College Dublin and a degree in European studies from the University of Cork. He is a CFA Charterholder.
Gavin Counsell05/06/2013Gavin 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 Flexible Investment (CU) Pn
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price708.8
Offer price746.2
Mid price-
CurrencyGBX
Price updated28/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeCU45
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