Fact sheet: Aviva Investors € Liquidity

Fund information
Fund name
Aviva Investors Euro Liquidity 3
Fund manager company
Aviva Investors Luxembourg SA
Fund type
OEIC
Fund managers
  • Matthew Tatnellsince 17/08/2008
  • Andy McDonaldsince 17/08/2008
Fund objective
The Fund aims to maximise income whilst ensuring capital is protected and allowing shares to be bought, sold and paid for on every business day.
Benchmark
  • LIBID EURO 7 Day
Investment style
None
Investment method
Deposits
Quick stats
1 Year return
-0.4%
1 Year rank in sector
44/56
Sector
FO Currency - Euro
Yield
-0.5%
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.
0.1%
Fund size
£0m
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
Top in this sector
Fund name1 Year
Carmignac PtfCapCbe3.8%
Amundi Abs Euro Taux Court1.7%
BNP Paribas Sht Tm Eurpn Secrtn1%
Petercam L Liq EUR&FRN0.7%
SG Pvt Bank Accent Euro Cash0.5%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.1%-0.2%-0.4%-0.6%-0.6%
Sector-0.1%-0.2%-0.3%-0.4%-0.3%0%
Rank within sector38 / 5842 / 5845 / 5744 / 5641 / 5333 / 44
Quartile3rd3rd4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.4%-0.2%---
Sector-0.4%-0.1%0.1%0%0.3%
Rank within sector43 / 5642 / 5337 / 5231 / 4836 / 43
Quartile4th4th3rd3rd4th
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.
-0.17
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.
0.2
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.
-
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%.
0.05
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.
0.11
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.
-0.83
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.
0.28
Price movement
52 week high1
52 week low0.99
Current bid price-
Current offer price-
Current mid price0.99
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Aviva
Fund manager company
Aviva Investors Luxembourg SA
Fund type
OEIC
Fund objective
The Fund aims to maximise income whilst ensuring capital is protected and allowing shares to be bought, sold and paid for on every business day.
Benchmark
  • LIBID EURO 7 Day
Investment style
None
Investment method
Deposits
Fund managers
NameSinceBiography
Matthew Tatnell17/08/2008Matthew joined Aviva Investors in 1983. As Head of Liquidity, Matthew is responsible for all of Aviva Investors’ money-market activities and foreign-exchange transactions. He is also responsible for managing Aviva’s commercial-paper program.Matthew joined Aviva Investors (when it was Commercial Union) in 1983 to work within the UK finance area. In 1987, he moved to Treasury where he became a treasury dealer and manager.
Andy McDonald17/08/2008Andrew Macdonald Cash Fund Manager Joined Investment Industry in 1991Andrew joined Norwich Union Investment Management in 1991 where his career progression included periods as Team Leader for Corporate Actions, Operations Manager for Securities Lending, and Money Markets & Foreign Exchange Manager before he took up his current position.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Germany, France, United Kingdom, Ireland, Luxembourg, Netherlands
Aviva Investors Euro Liquidity 3
Initial charge-
Annual charge0.1%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price0.9941
CurrencyEUR
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJD1N
Aviva Investors Euro Liquidity 4
Initial charge-
Annual charge0.1%
Min single investment£10,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated28/05/2014
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJD1O
Data provided by

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