Fact sheet: Aviva IP High Alpha Gilt Pn

Fund information
Fund name
Aviva IP High Alpha Gilt Pn A
Fund manager company
Aviva Investors Pensions Ltd
Fund type
Pension Fund
Fund managers
  • Orla Garveysince 01/01/2015
No data available.
Fund objective
To outperform the FTSE-A All Stocks Gilts Index by 1.5% p.a. over rolling three year periods, before charges.
Benchmark
  • FTSE All Stocks
Investment style
None
Investment method
No data available.
Quick stats
1 Year return
4.7%
1 Year rank in sector
137/175
Sector
PN Sterling Fixed Interest
Yield
-
Fund size
£57m (£52m 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.
52
Top in this sector
Fund name1 Year
OMW IPL F&C Real Dynamic LDI Pn45.8%
OMW IPL F&C Sht Pr Rl Dn LDI Pn43.6%
OMW IPL F&C Nominal Dyn LDI Pn35.9%
OMW IPL LGIM 2055IdxLkdGltPn18.8%
OMW IPL LGIMOvr15Yr I LGltPn17.4%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%-7.2%0.9%4.7%20.8%22.2%
Sector-2.5%-7.2%4.4%7.7%22.7%32.8%
Rank within sector134 / 178109 / 177159 / 177137 / 17557 / 14298 / 127
Quartile4th3rd4th4th2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund6.9%0.1%13.4%-4.3%2.8%
Sector10%-1.2%13.9%-1.7%6.6%
Rank within sector115 / 17563 / 15349 / 142114 / 136104 / 127
Quartile3rd2nd2nd4th4th
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.
-0.4
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.
0.96
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.
0.4
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%.
7.55
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.
2.54
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.
-0.27
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.
0.88
Price movement
52 week high0.76
52 week low0.65
Current bid price-
Current offer price-
Current mid price0.7
Region
1UK99.62%
2Money Market0.38%
Industry sector
1AA99.24%
2Money Market0.38%
3A0.34%
4Others0.04%
Asset type
1UK Fixed Interest99.62%
2Money Market0.38%
Individual holdings
1TREASURY 1.5% GILT 22/07/26 GBP0.0123.56%
2TREASURY 3.5% GILT 22/01/45 GBP10.79%
3TREASURY 2% GILT 22/07/20 GBP0.0110.26%
4TREASURY 2.5% GILT 22/07/65 GBP0.16.36%
5UK CONV GILT 4.500 07/11/20345.63%
6UK CONV GILT REGS 3.75 07/11/20205.55%
7UK CONV GILT REGS 1 07/11/20175.45%
8TREASURY 1.5 GILT 22/01/21 GBP0.015.41%
9UK CONV GILT REGS 4.25 07/11/20395.37%
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors Pensions Ltd
Fund type
Pension Fund
Fund objective
To outperform the FTSE-A All Stocks Gilts Index by 1.5% p.a. over rolling three year periods, before charges.
Benchmark
  • FTSE All Stocks
Investment style
None
Investment method
No data available.
Fund managers
NameSinceBiography
Orla Garvey01/01/2015Orla joined SWIP in February 2010 as a Trainee Fund Manager in the Global Rates team. She focuses on Gilt and Index Linked Gilt portfolios. Prior to joining SWIP, Orla spent a year with the Representative Church Body in Ireland actively managing both a bond and UK & Irish equity portfolio. Orla has also spent two years as an equity analyst at NCB Stockbrokers in Dublin. Orla holds an MSc in Statistics from University College Dublin, as well as a BSc Financial and Actuarial Maths from Dublin City University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva IP High Alpha Gilt Pn 0
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.7328
CurrencyGBP
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeO679
Aviva IP High Alpha Gilt Pn A
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.6952
CurrencyGBP
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeN324
Aviva IP High Alpha Gilt Pn B
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeO681
Aviva IP High Alpha Gilt Pn C
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeO680
Aviva IP High Alpha Gilt Pn R
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated01/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeO676
Aviva IP High Alpha Gilt Pn Z
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeO677
Aviva IP High Alpha Gilt Pn ex-Gampf
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeO678
Data provided by

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