Fact sheet: Aviva Invtec Caut Mgd Pn

Fund information
Fund name
Aviva Investec Cautious Managed Pn S3
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Alastair Mundysince 03/10/2004
Underlying fund
Investec Caut Mgd
Fund objective
The Fund aims to provide a combination of income and long term capital growth by investing conservatively in a diversified portfolio of equities, bonds and other fixed interest securities of high quality and marketability. At all times the Fund’s equity exposure will be limited to a maximum of 60% of the portfolio value.
Benchmark
  • UK CPI
Investment style
Cautious
Investment method
No data available.
Quick stats
1 Year return
15.4%
1 Year rank in sector
13/462
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£55m (£56m 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.
46
Bid price
210.88
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn27.6%
AXA Wealth TEAMS cl Gvn ptfl VPn19.3%
AXA Wealth TEAMS cl Gvn ptfl IVPn18.5%
OMW IPL F&COs EqLnkUKInflPn16.6%
AXA Wealth TEAMS cl Gvn ptfl IIIPn16.5%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK36.3%
    Not Specified15.3%
    North America14.2%
    Money Market11.1%
    Japan9.1%
  • Financials15.9%
    Government Index Linked11.7%
    Money Market11.1%
    Precious Metals & Stones10.7%
    Industrials9.7%
  • UK Equities27%
    Commodity & Energy15.3%
    North American Equities14.2%
    Money Market11.1%
    UK Index-Linked Gilts9.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%2.7%10.1%15.4%14.8%33%
Sector-0.9%-2%5.7%8.3%17.9%38.5%
Rank within sector86 / 52916 / 52918 / 51813 / 462229 / 399250 / 339
Quartile1st1st1st1st3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund15.5%-2%-8.3%9.9%
Sector8.6%1.3%6%8.3%9.4%
Rank within sector18 / 463393 / 425380 / 399230 / 381168 / 339
Quartile1st4th4th3rd2nd
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.
-0.79
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.
0.94
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.
0.12
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%.
6.42
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.
4.1
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.
-0.29
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.
0.59
Price movement
52 week high212.94
52 week low178.33
Current bid price210.88
Current offer price-
Current mid price-
Region
1UK36.3%
2Not Specified15.3%
3North America14.2%
4Money Market11.1%
5Japan9.1%
6Norway8%
7Far East ex Japan2.7%
8USA2.4%
9Europe0.9%
Industry sector
1Financials15.93%
2Government Index Linked11.7%
3Money Market11.1%
4Precious Metals & Stones10.7%
5Industrials9.72%
6Government Bonds8%
7Others7.79%
8Materials5.35%
9Consumer Discretionary5.24%
Asset type
1UK Equities27%
2Commodity & Energy15.3%
3North American Equities14.2%
4Money Market11.1%
5UK Index-Linked Gilts9.3%
6Japanese Equities9.1%
7Norwegian Government Fixed Interest8%
8Asia Pacific ex Japan Equities2.7%
9Global Index Linked2.4%
Individual holdings
1TREASURY 0.125% IDX-LKD GILT 22/11/19 GBP0.019.3%
2NORWAY(KINGDOM OF) 4.25% BDS 19/05/17 NOK10004%
3NORWAY(KINGDOM OF) 4.5% BDS 22/05/19 NOK10004%
4TREASURY 1.25% IDX-LKD GILT 22/11/17 GBP0.012.7%
5UNITED STATES TREASURY INFLATION 0.125 JAN 15 232.4%
6CITIGROUP INC2.2%
7GRAFTON GROUP1.9%
8ROYAL BANK OF SCOTLAND GROUP PLC1.9%
9BARCLAYS PLC1.7%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to provide a combination of income and long term capital growth by investing conservatively in a diversified portfolio of equities, bonds and other fixed interest securities of high quality and marketability. At all times the Fund’s equity exposure will be limited to a maximum of 60% of the portfolio value.
Benchmark
  • UK CPI
Investment style
Cautious
Investment method
No data available.
Fund manager
NameSinceBiography
Alastair Mundy03/10/2004Alastair is head of the Value team at Investec Asset Management having joined in 2000 from Morley Fund Management. Alastair manages a number of funds including the Investec Cautious Managed Fund and the Investec UK Special Situations Fund. He also manages the Temple Bar Investment Trust. Alastair graduated from City University with a Bachelor of Science degree in Actuarial Science in 1988.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Investec Cautious Managed Pn Inet
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price336.85
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeN696
Aviva Investec Cautious Managed Pn S14
Initial charge-
Annual charge0.65%
Min single investment£1
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price126.23
Offer price-
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGS1J
Aviva Investec Cautious Managed Pn S2
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price238.2
Offer price-
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNO53
Aviva Investec Cautious Managed Pn S3
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price210.88
Offer price-
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNO54
Aviva Investec Cautious Managed Pn S5
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price221.76
Offer price-
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNO55
Aviva Investec Cautious Managed Pn S6 Acc
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price189.58
Offer price-
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN472
Data provided by

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