Fact sheet: Aviva Inv Monthly Inc Plus

Fund information
Fund name
Aviva Inv Monthly Income Plus R3 Acc
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund managers
  • James Vokinssince 01/01/2010
Fund objective
The Fund aims to pay a high income by investment in a broad range of bonds.
Benchmark
  • ML £ non gilts AA-BBB
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.3%
1 Year rank in sector
54/92
Sector
UT Sterling Corporate Bond
Yield
3.6%
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.
0.63%
Fund size
£280m (£284m 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.
36
Mid price
128.05
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond12.5%
F&C Instl Lg Dtd Corp Bd12%
Henderson Inst Long Dat Cr11.9%
Insight UK Corp Lg Mat Bd11.9%
Newton Long Corporate Bond11.4%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK54.2%
    Europe26.9%
    North America11.6%
    Central & S America2.5%
    Money Market2.1%
  • BBB53.9%
    A15.4%
    BB8.7%
    AAA8.4%
    AA7%
  • UK Corporate Fixed Interest49.5%
    Global Fixed Interest43.7%
    UK Gilts4.7%
    Cash & Cash Equivalents2.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-5.6%2.1%6.3%19.3%42.8%
Sector-1.4%-4.6%2.6%6.7%17.6%34.2%
Rank within sector71 / 9773 / 9468 / 9454 / 9231 / 8717 / 71
Quartile3rd4th3rd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund7.1%0.4%11.2%1.8%16.2%
Sector7.3%-0.3%10.1%0.2%12.1%
Rank within sector54 / 9224 / 9031 / 8719 / 7810 / 71
Quartile3rd2nd2nd1st1st
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.
-0.04
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.
1.12
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.
0.39
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%.
5.97
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.
0.69
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 high136.32
52 week low117.87
Current bid price-
Current offer price-
Current mid price128.05
Region
1UK54.2%
2Europe26.9%
3North America11.6%
4Central & S America2.5%
5Money Market2.1%
6Others1.4%
7Australasia1.3%
Industry sector
1BBB53.9%
2A15.4%
3BB8.7%
4AAA8.4%
5AA7%
6Non-Rated2.6%
7Money Market2.1%
8B1.9%
Asset type
1UK Corporate Fixed Interest49.5%
2Global Fixed Interest43.7%
3UK Gilts4.7%
4Cash & Cash Equivalents2.1%
Individual holdings
1EUROPEAN INVESTMENT BANK 5% BDS 15/4/2039 GBP10002.5%
2IMPERIAL BRANDS FINANCE PLC MEDIUM TERM NOTE FIXED2.5%
3TREASURY 4.5% GILT 7/12/42 GBP2.4%
4EUROPEAN INVESTMENT BANK BOND FIXED 1.5%2%
5HEATHROW FUNDING LTD MEDIUM TERM NOTE FIXED 7.125%1.9%
6THPA FINANCE LTD CALLABLE OTHER SECURED LOANS1.9%
7 WESTERN POWER DISTRIBUTION WEST MIDLANDS PLC1.8%
8AA BOND CO LTD 6.269% BDS 31/07/25 GBP1000001.8%
9EUROPEAN INVESTMENT BANK BOND FIXED 3.875%1.8%
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund objective
The Fund aims to pay a high income by investment in a broad range of bonds.
Benchmark
  • ML £ non gilts AA-BBB
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
James Vokins01/01/2010James Vokins joined Aviva Investors in September 2005. He initially joined Aviva Investors as a graduate within the finance department, spending the first nine months of his employment within compliance and business risk. In October 2006 he moved to the c
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Inv Monthly Income Plus 1 Acc
Initial charge4%
Annual charge1%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price147.71
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCU49
Aviva Inv Monthly Income Plus 1 Inc
Initial charge4%
Annual charge1%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.13%
Total expense ratio (TER)1.13%
Bid price-
Offer price-
Mid price51.54
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC389
Aviva Inv Monthly Income Plus R3 Acc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price128.05
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGVUY
Aviva Inv Monthly Income Plus R3 Inc
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.63%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.42
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGVUZ
Data provided by

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