Fact sheet: Aviva Inv Gbl Dis Sub tst

Fund information
Fund name
Aviva Inv Global Distribution Sub-Trust A Inc
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund managers
  • Nicholas Samouilhansince 01/11/2013
Fund objective
To seek a flexible investment linked to the performance of a highly diversified portfolio of high - yielding equities and global convertible bonds. It has a target gross income yield, paid quarterly after fees of 7% per annum or 2.5% above UK base rate, which ever is higher.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
Mixed
Quick stats
1 Year return
1.5%
1 Year rank in sector
207/223
Sector
UT Flexible Investment
Yield
1.9%
Fund size
£33m
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.
67
Mid price
69.2
Top in this sector
Fund name1 Year
M&G Managed Growth31.6%
CF IM Global Strategy25.2%
Margetts Venture Strategy23.7%
Invesco Perp Managed Growth23.3%
Architas Birthstar TD 2036 4023.2%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%-1.9%2.4%1.5%5.1%33.1%
Sector-0.2%0.7%8.7%10.1%19.4%45.9%
Rank within sector89 / 252232 / 246228 / 246207 / 223185 / 186132 / 158
Quartile2nd4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund1.2%1.2%0.8%16.7%11.4%
Sector9.9%2%4.9%14.1%9.7%
Rank within sector218 / 232137 / 209178 / 18868 / 17749 / 160
Quartile4th3rd4th2nd2nd
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.
-4.89
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.
1.17
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
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%.
8.71
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.
5.42
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.
0.62
Price movement
52 week high71.21
52 week low63.72
Current bid price-
Current offer price-
Current mid price69.2
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund objective
To seek a flexible investment linked to the performance of a highly diversified portfolio of high - yielding equities and global convertible bonds. It has a target gross income yield, paid quarterly after fees of 7% per annum or 2.5% above UK base rate, which ever is higher.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
Mixed
Fund managers
NameSinceBiography
Nicholas Samouilhan01/11/2013Main responsibilities Nick manages our risk-targeted multi-asset and AIMS funds. Experience and qualifications Nick began his career at Investec Asset Management. Previously, he lectured in economics and finance and authored papers on volatility modelling, macroeconomic forecasting and portfolio diversification. Nick has a doctorate from the University of Cape Town focusing on applying ARCH process models to estimating time-varying risk premia in financial markets. In addition he holds the Financial Risk Management designation and is also a CFA® charterholder.
Compliance
IA Recognised
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Inv Global Distribution Sub-Trust A Inc
Initial charge-
Annual charge1.65%
Min single investment£5,000,000
Min regular saving£2,000
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price69.2
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeVU96
Aviva Inv Global Distribution Sub-Trust B Inc
Initial charge-
Annual charge1%
Min single investment£5,000,000
Min regular saving£2,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price67.59
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeVU20
Data provided by

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