Fact sheet: Aviva Inv Cash

Fund information
Fund name
Aviva Inv Cash 2 Acc
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund manager
  • Richard Hallettsince 03/12/2007
Fund objective
The Fund aims to achieve an income combined with a high degree of capital security. The level of income depends on many different factors and so the level of income the fund pays will change over time. The level of income will be affected by interest rates, how much risk is seen to be in money markets generally, and whether the manager has the fund more heavily invested in higher or lower risk money market instruments.
Benchmark
  • Bank of England Base Rate
Investment style
None
Investment method
Certificate of Deposit
Quick stats
1 Year return
0.3%
1 Year rank in sector
12/18
Sector
UT Money Market
Yield
0.1%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.19%
Fund size
£85m (£69m last year)
Mid price
79.01
Top in this sector
Fund name1 Year
Thesis Motim10.1%
Royal London Enhncd Csh +0.9%
Federated Stg Csh +0.8%
F&C Short Duration Bond0.8%
Royal London Cash Plus0.5%
...more in UT Money Market

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.1%0.3%0.8%0.1%
Sector-0.1%0%0.6%0.8%0.9%2.2%
Rank within sector8 / 187 / 1811 / 1812 / 1810 / 1713 / 14
Quartile2nd2nd3rd3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund0.3%0.3%0.3%0.3%-1%
Sector0.9%-0.2%0.2%1%0.4%
Rank within sector12 / 189 / 179 / 178 / 1614 / 14
Quartile3rd3rd3rd2nd4th
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.
0.27
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.
0.06
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%.
0.02
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.
0.04
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.
4.43
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.
0.01
Price movement
52 week high79.01
52 week low78.79
Current bid price-
Current offer price-
Current mid price79.01
Region
1Money Market100%
Industry sector
1Certificates of Deposit88.5%
2Call Deposit7.7%
3Commercial Paper3.8%
Asset type
1Money Market100%
Individual holdings
1CALL/TERM DEPOSITS7.7%
2CREDIT SUISSE AG 0.57% CT OF DEP 21/04/17 GBP13.8%
3ERSTE ABWICKLUNGSANSTALT CP 0.33% 2016-12-153.8%
4NATIONAL BANK OF ABU DHABI 0.44% CT OF DEP 01/02/17 GBP13.8%
5NATIONWIDE BUILDING SOCIETY 0.38% CT OF DEP 15/11/16 GBP13.8%
6NATIXIS SA CD 0.42% 2016-12-093.8%
7QATAR NATIONAL BANK (LONDON BRANCH) CD 0%3.8%
8SUMITOMO MITSUI BANKING CORPORATION EUROPE LTD CD3.8%
9SVENSKA HANDELSBANKEN AB CD 0.33% 2017-01-033.8%
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund objective
The Fund aims to achieve an income combined with a high degree of capital security. The level of income depends on many different factors and so the level of income the fund pays will change over time. The level of income will be affected by interest rates, how much risk is seen to be in money markets generally, and whether the manager has the fund more heavily invested in higher or lower risk money market instruments.
Benchmark
  • Bank of England Base Rate
Investment style
None
Investment method
Certificate of Deposit
Fund manager
NameSinceBiography
Richard Hallett03/12/2007Richard Hallett joined the firm in 1998. He was appointed Cash Fund Manager following the merger of Commercial Union and General Accident. Richard holds a Degree in Accounting & Finance.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Inv Cash 2 Acc
Initial charge-
Annual charge0.15%
Min single investment£500,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)0.28%
Bid price-
Offer price-
Mid price79.01
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAMB5
Aviva Inv Cash 2 Inc
Initial charge-
Annual charge0.15%
Min single investment£500,000
Min regular saving£250
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price78.6
CurrencyGBX
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM09O
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.