Fact sheet: Aviva Inv UK Credit MoM 1

Fund information
Fund name
Aviva Inv UK Credit MoM 1 2
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund manager
  • Kames Capitalsince 30/06/2008
Fund objective
The Fund aims to pay an income by investing in a broad range of bonds and other debt securities.
Benchmark
  • iBoxx £ Non Gilts Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
5.7%
1 Year rank in sector
33/77
Sector
UT Sterling Strategic Bond
Yield
3.8%
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.
0.79%
Fund size
£76m (£102m 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.
40
Mid price
101.78
Top in this sector
Fund name1 Year
Natixis LS Stgc Inc12.8%
Fidelity I Stg Cr + Bd11.2%
Fidelity UK Inv Grd Lg Cr10.4%
Legg Mason IFBrwiGlInOp10.1%
AXA Framlington Mgd Inc9.4%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK55.7%
    USA14.1%
    International7.5%
    France6%
    Netherlands3.4%
  • No data available.
  • UK Fixed Interest59%
    US Fixed Interest14.1%
    Global Fixed Interest7.5%
    French Fixed Interest6%
    Dutch Fixed Interest3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-4.9%2.4%5.7%18.1%27.4%
Sector-0.8%-2.8%2.5%5.2%13.2%31.8%
Rank within sector62 / 8364 / 8238 / 8233 / 7713 / 7149 / 60
Quartile3rd4th2nd2nd1st4th
Calendar performance
 YTD - 20162015201420132012
Fund7.3%-0.6%11%-1.6%7.8%
Sector6.2%-0.3%6.8%2.6%12.6%
Rank within sector24 / 7753 / 7413 / 7252 / 6450 / 61
Quartile2nd3rd1st4th4th
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.
2.67
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.
0.5
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.
0.31
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%.
6.22
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.
6.19
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.
-0.04
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.
0.22
Price movement
52 week high109.1
52 week low96.37
Current bid price-
Current offer price-
Current mid price101.78
Region
1UK55.71%
2USA14.05%
3International7.5%
4France5.98%
5Netherlands3.43%
6Jersey3.24%
7Australia3.15%
8Germany2.23%
9Denmark1.37%
Industry sector
No data available.
Asset type
1UK Fixed Interest58.95%
2US Fixed Interest14.05%
3Global Fixed Interest7.5%
4French Fixed Interest5.98%
5Dutch Fixed Interest3.43%
6Australian Fixed Interest3.15%
7German Fixed Interest2.23%
8Danish Fixed Interest1.37%
9Money Market1.34%
Individual holdings
1TRANSPORT FOR LONDON 3.875% NTS 23/07/42 GBP1000002.43%
2TRANSPORT FOR LONDON 2.25% NTS 09/08/22 GBP1000002.3%
3EUROPEAN INVESTMENT BANK 5.375% GTD BDS 7/6/2021 GBP(VAR)2.26%
4KREDITANSTALT FUER WIEDERAUFBAU KFW 2% MTN 06/12/18 GBP50002.23%
5EUROPEAN INVESTMENT BANK 3.88% 08/06/20372.05%
6EUROPEAN INVESTMENT BANK 4.75% BDS 15/10/18 GBP10001.89%
7HSBC BANK PLC 4.75% SUBORD NTS 24/03/46 GBP500001.39%
8DONG ENERGY AS 5.75% NTS 09/04/40 GBP5000001.37%
9EDF 6% UNDATED BDS GBP1000001.35%
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund objective
The Fund aims to pay an income by investing in a broad range of bonds and other debt securities.
Benchmark
  • iBoxx £ Non Gilts Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Kames Capital30/06/2008
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Inv UK Credit MoM 1 2
Initial charge-
Annual charge0.75%
Min single investment£3,000,000
Min regular saving£200,000
Available in ISANo
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price101.78
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFWY4
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.