Fact sheet: Aviva Inv US Equity Income

Fund information
Fund name
Aviva Inv US Equity Income 2 Acc
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund managers
  • Thomas S. Forshasince 07/07/2011
  • Henry W. Sanders IIIsince 07/07/2011
Fund objective
The Fund aims to produce an income 1.5% higher than that produced by the broad US share index - the Russell 3000 Value Index.
Benchmark
  • Russell 3000 Value
Investment style
Value
Investment method
Shares
Quick stats
1 Year return
50.8%
1 Year rank in sector
12/82
Sector
UT North America
Yield
2.1%
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.
0.89%
Fund size
£293m (£283m 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.
103
Mid price
237.31
Top in this sector
Fund name1 Year
VT De Lisle America69.7%
M&G Nth Am Div56.5%
Investec American56.3%
Invesco Perp US Equity55.9%
CF Canlife North American55.9%
...more in UT North America

Performance snapshot

Holdings snapshot

  • North America79.1%
    International11.7%
    Europe5.6%
    Money Market2.1%
    UK1.5%
  • Financials30.3%
    Consumer Services15.4%
    Industrials15%
    Technology12.7%
    Oil & Gas5.9%
  • International Equities84.7%
    Property11.7%
    Cash & Cash Equivalents2.1%
    UK Equities1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.7%11.6%20%50.8%74.6%129.1%
Sector3.7%8.3%17.5%42.8%64.4%125.6%
Rank within sector47 / 896 / 8825 / 8512 / 8215 / 7338 / 64
Quartile3rd1st2nd1st1st3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.8%43%0.8%17.8%30.6%
Sector3.2%31.2%4.9%17.8%30.5%
Rank within sector72 / 894 / 8271 / 8047 / 7333 / 66
Quartile4th1st4th3rd2nd
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.
2.92
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.
0.97
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.
1.33
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%.
11.88
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.
4.57
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.
0.5
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.
0.85
Price movement
52 week high234.67
52 week low151.92
Current bid price-
Current offer price-
Current mid price237.31
Region
1North America79.1%
2International11.7%
3Europe5.6%
4Money Market2.1%
5UK1.5%
Industry sector
1Financials30.3%
2Consumer Services15.4%
3Industrials15%
4Technology12.7%
5Oil & Gas5.9%
6Basic Materials5%
7Consumer Goods4.9%
8Utilities3%
9Health Care2.9%
Asset type
1International Equities84.7%
2Property11.7%
3Cash & Cash Equivalents2.1%
4UK Equities1.5%
Individual holdings
1MICROSOFT CORP3.7%
2IRON MOUNTAIN3.1%
3PNC FINANCIAL SERVICES GROUP3.1%
4US BANCORP DELAWARE3%
5BB&T CORP2.9%
6OMNICOM GROUP INC2.8%
7VERIZON COMMUNICATIONS INC2.8%
8FASTENAL CO2.5%
9MOTOROLA SOLUTIONS INC2.5%
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors UK Fd Serv Ltd
Fund type
OEIC
Fund objective
The Fund aims to produce an income 1.5% higher than that produced by the broad US share index - the Russell 3000 Value Index.
Benchmark
  • Russell 3000 Value
Investment style
Value
Investment method
Shares
Fund managers
NameSinceBiography
Thomas S. Forsha07/07/2011Thomas joined the investment industry in 1998 and River Road in July 2005. Prior to joining River Road, Thomas was an equity analyst and portfolio manager with ABN AMRO Asset Management USA, where he was responsible for the management of the North American equity allocation of the firm's global high income fund. Thomas is a CFA charterholder, having earlier received a BS in Finance from the Ohio State University's Fisher College of Business and an MBA from the University of Chicago Booth School of Business. He is also a member of the CFA Institute and the CFA Society of Louisville.
Henry W. Sanders III07/07/2011The lead manager of the Aviva Investors US Equity Income Fund is Henry Sanders. Henry joined the investment industry in 1989 and was a founding member of River Road. He currently serves as the lead portfolio manager of River Road's dividend all-cap value discipline and as co-manager of their small cap and small-mid cap value disciplines. Prior to founding River Road, Henry was a Senior Vice President and Portfolio Manager for Commonwealth Trust Company. Previously, he was President of Bridges Capital Management and Vice President of PRIMCO Capital Management. Henry earned the CFA designation in 1992. He is a member of the CFA Institute and an active member and past president of the CFA Society of Louisville. He also holds a BA in Business Administration from Bellarmine University and an MBA from Boston College. He has served as adjunct Professor of Finance and Economics at Bellarmine University.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Inv US Equity Income 1 Acc
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.64%
Total expense ratio (TER)1.65%
Bid price-
Offer price-
Mid price227.76
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04TD
Aviva Inv US Equity Income 1 Inc
Initial charge5%
Annual charge1.5%
Min single investment£10,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.64%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price196.55
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code04TC
Aviva Inv US Equity Income 2 Acc
Initial charge5%
Annual charge0.75%
Min single investment£250,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price237.31
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code04TE
Aviva Inv US Equity Income 2 Inc
Initial charge5%
Annual charge0.75%
Min single investment£250,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.89%
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price205.01
CurrencyGBX
Price updated16/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code04TF
Aviva Inv US Equity Income 2 Inc USD
Initial charge5%
Annual charge0.75%
Min single investment£500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)0.98%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price154.36
CurrencyUSX
Price updated16/01/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGGOR
Data provided by

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