Fact sheet: Aviva Inv Corporate Bond

Fund information
Fund name
Aviva Inv Corporate Bond A
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund managers
Fund objective
The Fund aims to provide a level of income above that available from UK Government bonds and to preserve the value of the investment over the long term. Long term is generally regarded as 5 years or more.
Benchmark
  • iBoxx Sterling Non Gilt TR
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8.5%
1 Year rank in sector
-
Sector
UT Sterling Corporate Bond
Yield
2.3%
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.
1.12%
Fund size
£2,537m (£2,282m 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.
37
Mid price
56.89
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond17.5%
Henderson Inst Long Dat Cr16.2%
F&C Instl Lg Dtd Corp Bd16.2%
Blackrock InstBdOver10YrCorp16.1%
Fidelity Inst UK Lg Crp Bd15.7%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK53.8%
    Europe25.9%
    North America12.4%
    International3.2%
    Central & S America1.9%
  • BBB47.2%
    A19.2%
    AA13%
    AAA11.1%
    Non-Rated3.6%
  • UK Corporate Fixed Interest46.2%
    Global Fixed Interest43.3%
    UK Gilts7.6%
    Cash & Cash Equivalents1.9%
    Others1%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%2.3%-3.8%8.5%15.9%32.9%
Sector1.2%2.5%-2.4%10%18%33.7%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund0.1%7.7%-0.5%10.3%0.3%
Sector0.5%9.1%-0.3%10.1%0.2%
Rank within sector-----
Quartile
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.
-1.15
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.
1.11
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.
0.18
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%.
5.88
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.
0.82
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.
-0.76
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.
0.99
Price movement
52 week high60.19
52 week low53.47
Current bid price-
Current offer price-
Current mid price56.89
Region
1UK53.8%
2Europe25.9%
3North America12.4%
4International3.2%
5Central & S America1.9%
6Money Market1.9%
7Australasia0.9%
Industry sector
1BBB47.2%
2A19.2%
3AA13%
4AAA11.1%
5Non-Rated3.6%
6BB2.7%
7Money Market1.9%
8Others1%
9B0.3%
Asset type
1UK Corporate Fixed Interest46.2%
2Global Fixed Interest43.3%
3UK Gilts7.6%
4Cash & Cash Equivalents1.9%
5Others1%
Individual holdings
1EUROPEAN INVESTMENT BANK 5% BDS 15/4/2039 GBP10002.4%
2EUROPEAN INVESTMENT BANK BOND FIXED 1.5%2.1%
3TREASURY 4.75% GILT 20202%
4 WESTERN POWER DISTRIBUTION WEST MIDLANDS PLC1.8%
5TREASURY 4.75% GILT 07/12/38 GBP1.8%
6HEATHROW FUNDING LTD MEDIUM TERM NOTE FIXED 7.125%1.7%
7HSBC HLDGS 6.75% SUBORD NTS 11/09/28 GBP500001.7%
8AA BOND CO LTD 6.269% BDS 31/07/25 GBP1000001.6%
9ELECTRICITE DE FRANCE SA MEDIUM TERM NOTE FIXED1.6%
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund objective
The Fund aims to provide a level of income above that available from UK Government bonds and to preserve the value of the investment over the long term. Long term is generally regarded as 5 years or more.
Benchmark
  • iBoxx Sterling Non Gilt TR
Investment style
None
Investment method
Fixed Interest
Fund managers
No data available.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Netherlands
Aviva Inv Corporate Bond 1
Initial charge-
Annual charge0.8%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price60.78
CurrencyGBX
Price updated21/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNA92
Aviva Inv Corporate Bond 2
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)0.62%
Bid price-
Offer price-
Mid price91.56
CurrencyGBX
Price updated21/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNA64
Aviva Inv Corporate Bond 3 Acc
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.32%
Total expense ratio (TER)0.32%
Bid price-
Offer price-
Mid price171.91
CurrencyGBX
Price updated21/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAYZ9
Aviva Inv Corporate Bond 3 Inc
Initial charge-
Annual charge0.3%
Min single investment£10,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.32%
Total expense ratio (TER)0.32%
Bid price-
Offer price-
Mid price120.7
CurrencyGBX
Price updated21/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeCU83
Aviva Inv Corporate Bond A
Initial charge4%
Annual charge1%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.12%
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price56.89
CurrencyGBX
Price updated21/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGN67
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.