Fact sheet: Aviva Inv Mlti Ast III

Fund information
Fund name
Aviva Inv Multi asset III R3
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund managers
  • Thomas Wellssince 01/11/2015
  • Nicholas Samouilhansince 06/02/2012
  • Paul Parascandalosince 01/11/2015
Fund objective
The Fund aims to provide returns through a combination of capital growth and income. Any income will be reinvested, as only accumulation shares are available at present.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
17.8%
1 Year rank in sector
73/124
Sector
UT Specialist
Yield
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.
0.59%
Fund size
£674m (£429m 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.
67
Mid price
153.27
Top in this sector
Fund name1 Year
SF Petrhse Sm Cos Gold75.1%
Old Mutual JPM Nat Res59.4%
JPM Natural Resources57.7%
WAY Charteris Gd Prcsml57.4%
Neptune Russia & Gtr Rus54%
...more in UT Specialist

Performance snapshot

Holdings snapshot

  • North America24%
    International14.6%
    Not Specified14.2%
    Global Emerging Markets12.7%
    Europe9.8%
  • Alternative Investment Strategies17.1%
    Fixed Interest15.9%
    Financials12.1%
    Consumer Goods9.7%
    Industrials7.1%
  • North American Equities24%
    Hedge13%
    European Equities9.8%
    Global Emerging Market Equities7.6%
    Global Investment Grade Fixed Interest6.3%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%4%7.3%17.8%33.3%54.3%
Sector0.4%5.8%7.2%21.8%23.3%29.1%
Rank within sector44 / 12367 / 12457 / 12473 / 12442 / 11733 / 98
Quartile2nd3rd2nd3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.4%14.6%2.1%9.3%12.4%
Sector4.3%22.7%-4.5%1.2%4.5%
Rank within sector67 / 12465 / 12333 / 11921 / 11536 / 105
Quartile3rd3rd2nd1st2nd
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.
4.17
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.
0.63
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.
0.85
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%.
7.22
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.
5.09
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.
0.23
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.
0.74
Price movement
52 week high153.58
52 week low128.37
Current bid price-
Current offer price-
Current mid price153.27
Region
1North America24%
2International14.6%
3Not Specified14.2%
4Global Emerging Markets12.7%
5Europe9.8%
6USA7.8%
7Japan4.8%
8Money Market4.8%
9Australia3.8%
Industry sector
1Alternative Investment Strategies17.08%
2Fixed Interest15.94%
3Financials12.08%
4Consumer Goods9.71%
5Industrials7.07%
6Cash & Cash Equivalents6.94%
7Others6.63%
8Technology6.36%
9Health Care6.23%
Asset type
1North American Equities23.95%
2Hedge12.95%
3European Equities9.78%
4Global Emerging Market Equities7.59%
5Global Investment Grade Fixed Interest6.32%
6Global Emerging Market Fixed Interest5.12%
7Global High Yield Fixed Interest5.12%
8Money Market4.8%
9Japanese Equities4.79%
Individual holdings
1BLACKROCK NORTH AMERICAN EQUITY TRACKER L24%
2AVIVA INVESTORS MULTI-STRATEGY TARGET RETURN CLASS 811.8%
3AVIVA INVESTORS EUROPEAN EQUITY INCOME FUND ZY GBP9.8%
4AVIVA INVESTORS EMERGING MARKETS EQUITY INCOME ZY GBP7.6%
5AVIVA INVESTORS GLOBAL INVESTMENT GRADE CORPORATE BOND I USD6.3%
6AVIVA INVESTORS EMERGING MARKETS LOCAL CURRENCY BOND FUND CLASS IA5.1%
7AVIVA INVESTORS GLOBAL HIGH YIELD BOND I USD5.1%
8BLACKROCK JAPAN EQUITY TRACKER L4.8%
9UNITED STATES OF AMERICA TREASURY (CPI) NOTE 0.125%4.1%
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund objective
The Fund aims to provide returns through a combination of capital growth and income. Any income will be reinvested, as only accumulation shares are available at present.
Benchmark
  • No Specified Index
Investment style
Balanced
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.
Nicholas Samouilhan06/02/2012Nick 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.
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.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Inv Multi asset III 1
Initial charge5%
Annual charge1.1%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.67%
Bid price-
Offer price-
Mid price150.34
CurrencyGBX
Price updated21/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0SSA
Aviva Inv Multi asset III 3
Initial charge-
Annual charge0.5%
Min single investment£10,000,000
Min regular saving£500,000
Available in ISANo
Ongoing charge (OCF)0.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price155.63
CurrencyGBX
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code0SSG
Aviva Inv Multi asset III 4
Initial charge2%
Annual charge0.6%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price153.63
CurrencyGBX
Price updated21/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0SSH
Aviva Inv Multi asset III R3
Initial charge-
Annual charge0.35%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price153.27
CurrencyGBX
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGTVQ
Data provided by

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