Fact sheet: Aviva Frank UK Mid Cap Pn

Fund information
Fund name
Aviva Franklin UK Mid Cap Pn S14
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Paul Spencersince 27/07/2014
Underlying fund
Franklin UK Mid Cap
Fund objective
The Fund aims to achieve capital growth exceeding that of the FTSE 250 Index (excluding investment company stocks) over the medium to long term (meaning 3-5 years). Capital in the Fund is at risk and there is no guarantee that the objective will be achieved over that, or any, time period.
Benchmark
  • FTSE 250 (ex ITs) Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
10.4%
1 Year rank in sector
741/856
Sector
PN UK All Companies
Yield
-
Fund size
£5m (£4m 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.
115
Bid price
130.43
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn38.7%
Fidelity UBS UK Select Pn31.1%
Halifax IM UK Growth Pn30.8%
CM UBS UK Opportunities Pension30.6%
SW UBS UK Opps Pn30.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK94.8%
    Money Market5.2%
  • Industrials20.4%
    Financial Services15.6%
    Others12.2%
    Insurance9.5%
    Media7.9%
  • UK Equities94.8%
    Cash & Cash Equivalents5.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%7.6%7.6%10.4%--
Sector0.7%4.4%6.4%16.8%20.1%56.9%
Rank within sector157 / 88116 / 878271 / 872741 / 856--
Quartile1st1st2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund7%-0.7%15.8%--
Sector3.7%10.2%4.4%0.6%24.2%
Rank within sector10 / 877812 / 85322 / 840--
Quartile1st4th1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high133.06
52 week low101.21
Current bid price130.43
Current offer price-
Current mid price-
Region
1UK94.78%
2Money Market5.22%
Industry sector
1Industrials20.36%
2Financial Services15.59%
3Others12.18%
4Insurance9.51%
5Media7.94%
6Chemicals7.03%
7Household Goods6.58%
8Health Care5.96%
9Cash & Cash Equivalents5.22%
Asset type
1UK Equities94.78%
2Cash & Cash Equivalents5.22%
Individual holdings
1BODYCOTE PLC4.49%
2RATHBONE BROS4.11%
3INTERMEDIATE CAPITAL GROUP3.99%
4DECHRA PHARMACEUTICALS3.84%
5VICTREX3.8%
6IBSTOCK PLC3.77%
7JRP GROUP PLC3.68%
8PENNON GROUP3.66%
9BELLWAY3.49%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to achieve capital growth exceeding that of the FTSE 250 Index (excluding investment company stocks) over the medium to long term (meaning 3-5 years). Capital in the Fund is at risk and there is no guarantee that the objective will be achieved over that, or any, time period.
Benchmark
  • FTSE 250 (ex ITs) Index
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Paul Spencer27/07/2014Paul Spencer is lead manager of the Franklin UK Mid Cap Fund and joint manager of the Franklin UK Managers' Focus Fund. A member of the Franklin UK Equity Team, he specialises in UK mid-cap equity analysis and investment. Mr. Spencer joined Franklin Templeton Investments when it acquired Rensburg Fund Management (now Franklin Templeton Fund Management) in January 2011. Mr. Spencer started his investment career in 1987 when he joined BWD Rensburg. In 8 years Paul progressed through the ranks becoming head of research. In 1991, he assumed responsibility for the BWD UK Smaller Companies Trust, leaving in 1995 to join Granville Davies Limited as a director and Small and Mid Cap analyst. In 1999, Paul joined TD Waterhouse, where he was head of research, specialising in small and mid cap investment analysis. He returned to Rensburg in 2006 to manage the Rensburg UK Mid Cap Growth Trust (now Franklin UK Mid Cap Fund). Mr. Spencer holds a B.A., with honors, in economics from Nottingham University. He is a Fellow of the Securities Institute (FSI). Paul has received a number of awards for investment excellence, including the Moneywise Best UK All Companies Fund in 2008, 2009 and 2010, Money Observer Best UK Small/Mid Cap Fund 2009 and Best UK All Companies Fund over three years from Lipper in 2009.
Compliance
Not Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Franklin UK Mid Cap 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 price128.34
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKKKH
Aviva Franklin UK Mid Cap Pn S14
Initial charge-
Annual charge0.75%
Min single investment£1
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price130.43
Offer price-
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKN7R
Aviva Franklin UK Mid Cap Pn S6
Initial charge-
Annual charge0.6%
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price133.05
Offer price-
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKKKG
Data provided by

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