Fact sheet: Aviva Inv UK Index Tracking

Fund information
Fund name
Aviva Inv UK Index Tracking 2 Inc
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund managers
  • Ned Kellysince 31/10/1989
  • Russell Harrissince 31/10/1989
  • Brad Beardshellsince 31/10/1989
Fund objective
The Fund aims to track the returns of the FTSE All Share Index, an index of over 500 UK shares. Any returns will be a mixture of income and growth. The actual returns may be lower than that of the index as a result of the effect of charges.
Benchmark
  • FTSE All Share
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Quick stats
1 Year return
14.9%
1 Year rank in sector
46/277
Sector
UT UK All Companies
Yield
3.3%
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.
0.23%
Fund size
£799m (£746m 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.
91
Mid price
121.53
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry52.3%
UBS UK Opportunities31.1%
Schroder Recovery30.1%
Charity Equity28.2%
Schroder Specialist Value UK Equ27.5%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK89.5%
    Others6%
    Europe2.7%
    Money Market1.8%
  • Financials24.2%
    Consumer Goods14.9%
    Oil & Gas12.3%
    Consumer Services11.3%
    Industrials10.4%
  • UK Equities89.5%
    Others4%
    International Equities2.8%
    Property1.9%
    Cash & Cash Equivalents1.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%1.1%10.5%14.9%19.5%55.6%
Sector2.4%0.3%7.9%9.5%17%61.6%
Rank within sector181 / 28593 / 28382 / 28146 / 277109 / 263173 / 251
Quartile3rd2nd2nd1st2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund12.9%0.9%1%20.4%11.1%
Sector8.2%3.7%0.6%25.7%14.8%
Rank within sector67 / 278203 / 269120 / 264206 / 257192 / 251
Quartile1st4th2nd4th4th
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.
0.63
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.
0.85
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.
0.13
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%.
9.41
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.
5.03
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.
-0.02
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 high125.64
52 week low98.85
Current bid price-
Current offer price-
Current mid price121.53
Region
1UK89.5%
2Others6%
3Europe2.7%
4Money Market1.8%
Industry sector
1Financials24.2%
2Consumer Goods14.9%
3Oil & Gas12.3%
4Consumer Services11.3%
5Industrials10.4%
6Health Care9.4%
7Basic Materials6.6%
8Telecommunications4.4%
9Utilities3.8%
Asset type
1UK Equities89.5%
2Others4%
3International Equities2.8%
4Property1.9%
5Cash & Cash Equivalents1.8%
Individual holdings
1HSBC HLDGS5.5%
2BP4.1%
3BRITISH AMERICAN TOBACCO4%
4ROYAL DUTCH SHELL4%
5GLAXOSMITHKLINE3.6%
6ROYAL DUTCH SHELL3.6%
7VODAFONE GROUP2.7%
8ASTRAZENECA PLC2.6%
9DIAGEO2.5%
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund objective
The Fund aims to track the returns of the FTSE All Share Index, an index of over 500 UK shares. Any returns will be a mixture of income and growth. The actual returns may be lower than that of the index as a result of the effect of charges.
Benchmark
  • FTSE All Share
Investment style
Passive/Tracking
Investment method
Physical - Full, Shares
Fund managers
NameSinceBiography
Ned Kelly31/10/1989Ned joined the investment industry in 1998; Aviva Investors in July 2001 and is responsible for Index funds and futures execution. Prior to joining Aviva Investors, Ned worked for Legal & General Investment Management as an index fund analyst. Prior to L&G, he was with Barclays Global Investors as a client accountant. Ned holds a BA (Hons) in European Business Systems from London Guildhall University and the Investment Management Certificate.
Russell Harris31/10/1989Russell joined Investment Industry in 1984. His main Responsibilities are to deal with Index funds and futures execution. He began his career with the firm (as Norwich Union) in 1984, starting in Investment Technology and progressing into Investment Marketing, UK Equities and Quantitative Investment. He holds a BA (Hons) in Economics from Heriot Watt University.
Brad Beardshell31/10/1989
Compliance
FE Passive Rateable, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Inv UK Index Tracking 1
Initial charge-
Annual charge0.6%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)0.63%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price74.18
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNA95
Aviva Inv UK Index Tracking 2 Inc
Initial charge-
Annual charge0.2%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price121.53
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeI0XN
Aviva Inv UK Index Tracking A
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price95.28
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNS55
Data provided by

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