Fact sheet: Aviva Inv MM 40-85% shares

Fund information
Fund name
Aviva Inv Multimanager 40-85% Shares 2
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund managers
  • Thomas Wellssince 01/11/2015
  • Paul Parascandalosince 01/11/2015
  • Nicholas Samouilhansince 01/11/2015
Fund objective
The Fund aims for long term growth and to produce some income. Long term is generally regarded as 5 years or more.
Benchmark
  • IA Balanced Managed Sector Mean
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
15.6%
1 Year rank in sector
89/263
Sector
UT Mixed Investment 40%-85% Shares
Yield
0.3%
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.
1.47%
Fund size
£181m (£147m 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.
73
Mid price
131.14
Top in this sector
Fund name1 Year
Orbis Gbl Bal25.8%
CF Greenmount24.5%
HSBC Wld Seltn Advntr Pfl23.6%
S&W MF23.2%
SVS TPI Aggressive 122.4%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • North America39%
    Others14.8%
    Europe14.4%
    Money Market9.4%
    Japan5.5%
  • No data available.
  • International Equities54.2%
    Global Fixed Interest17%
    Alternative Investment Strategies10.6%
    Cash & Cash Equivalents9.4%
    UK Equities4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.8%0.3%2.6%15.6%30%57.4%
Sector-1.8%1.5%3.2%14.2%25.5%47.9%
Rank within sector244 / 277243 / 277177 / 27389 / 26365 / 23956 / 208
Quartile4th4th3rd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.4%15.4%3.3%6.3%15.1%
Sector2.6%13.3%2.2%5%13.5%
Rank within sector231 / 27473 / 25988 / 24581 / 23699 / 221
Quartile4th2nd2nd2nd2nd
Risk statistics
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.
1.19
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.
0.69
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%.
8.57
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.
2.77
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.
0.49
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.
0.92
Price movement
52 week high135.16
52 week low109.48
Current bid price-
Current offer price-
Current mid price131.14
Region
1North America39%
2Others14.8%
3Europe14.4%
4Money Market9.4%
5Japan5.5%
6UK4.7%
7Emerging Asia4.1%
8Central & S America3.3%
9European Emerging Markets2.5%
Industry sector
No data available.
Asset type
1International Equities54.2%
2Global Fixed Interest17%
3Alternative Investment Strategies10.6%
4Cash & Cash Equivalents9.4%
5UK Equities4%
6Others2.2%
7Property1.9%
8UK Corporate Fixed Interest0.7%
Individual holdings
1WELLINGTON MANAGEMENT US RESEARCH EQUITY PORTFOLIO CLASS A14.3%
2AVIVA INVESTORS MULTI-STRATEGY TARGET RETURN CLASS 810.4%
3AVIVA MOM INTECH (US EQUITY)10.4%
4HERMES US SMID EQUITY CLASS F7.2%
5AVIVA MOM T ROWE PRICE (EMERGING MARKETS)7%
6BLACKROCK (LUX) BGF EMERGING MARKETS LOCAL CURRENCY BOND A25.8%
7BLACKROCK EUROPEAN DYNAMIC FD ACC5.7%
8HERMES GLOBAL HIGH YIELD CREDIT CLASS F (HEDGED)5.7%
9INVESCO PERPETUAL EUROPEAN EQUITY INCOME (NO TRAIL)5.6%
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund objective
The Fund aims for long term growth and to produce some income. Long term is generally regarded as 5 years or more.
Benchmark
  • IA Balanced Managed Sector Mean
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Thomas Wells01/11/2015Thomas Wells, CFA. Multi-asset Fund Manager, Co-Fund manager Aviva Investors Multi-asset Funds. Joined investment industry: 2007, Joined Aviva Investors: 2012 Main responsibilities. Thomas is the fund manager for a range of multi-asset funds including the Aviva Investors Multi-manager funds and risk targeted Multi-asset funds. Experience and qualifications: Thomas joined Aviva Investors from Cew Capital, where he was responsible for advising private clients and family offices on investments in commercial real estate. Prior to this, he started his career at Barclays Wealth as an investment analyst. He holds a First Class BA (Hons) in Economics from the University of Durham and an MSc in Economics from University College London. Thomas is a CFA Charterholder.
Paul Parascandalo01/11/2015Paul is a lead manager on the Aviva With Profits Funds and co-manages the Aviva Investors Multi-Asset Risk Targeted , Multi-Manager and Global Income ranges. He is also involved with implementation on the AIMs funds. Paul joined Aviva Investors as an Implementation Manager in the Multi-Asset Funds team, before moving into the fund management role. Prior to Aviva Investors he held a number of roles at HSBC in their private banking arm. Paul holds an MSc (Hons) in Theoretical Physics from University College London and a BSc (Hons) Financial Services from the Institute of Financial Services. He is also a CFA Charter holder.
Nicholas Samouilhan01/11/2015Nick manages our risk-targeted multi-asset funds and is a co-manager of our AIMS Target Income fund. 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, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Inv Multimanager 40-85% Shares 1
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)2.22%
Total expense ratio (TER)2.27%
Bid price-
Offer price-
Mid price80.63
CurrencyGBX
Price updated20/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeW999
Aviva Inv Multimanager 40-85% Shares 2
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)1.52%
Bid price-
Offer price-
Mid price131.14
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeW998
Aviva Inv Multimanager 40-85% Shares 2 Inc
Initial charge-
Annual charge0.75%
Min single investment£500,000
Min regular saving£250,000
Available in ISANo
Ongoing charge (OCF)1.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price147.59
CurrencyGBX
Price updated20/04/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI0CP
Data provided by

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