Fact sheet: Aviva Jupiter Strt Bond Pn

Fund information
Fund name
Aviva Jupiter Strategic Bond Pn S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Ariel Bezalelsince 01/06/2008
Underlying fund
Jupiter Strategic Bond
Fund objective
To attain the objective by seeking out the best opportunities within the fixed interest universe globally. The Fund invests in higher yielding assets including high yield bonds, investment grade bonds, government bonds, preference shares, convertible bonds and other bonds. The Fund may invest in derivatives and forward transactions for investment purposes. The Manager may also enter into derivative transactions for the purpose of efficient management of the portfolio (including, but not limited to, forward currency transactions to hedge exposure in Euro denominated bonds back into sterling).
Benchmark
  • iBoxx Sterling Non Gilts All Maturities Index
Investment style
High Yield
Investment method
None
Quick stats
1 Year return
10.1%
1 Year rank in sector
103/167
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£6m (£6m 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.
23
Bid price
152.49
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc16.7%
AXA Wealth AXA Fram Mgd Inc Pn16.7%
Canlife AXA Fram Mgd Inc Pn16.6%
LV= Artemis High Income Pn15.3%
SIP Artemis High Income Pn15.1%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK30.6%
    Asia Pacific ex Japan22.7%
    North America8.1%
    European Emerging Markets5.9%
    Latin America5.1%
  • B23.7%
    BB23.7%
    AAA13.9%
    Non-Rated13.9%
    BBB11.4%
  • UK Fixed Interest30.6%
    Asia Pacific ex Japan Fixed Interest22.7%
    North American Fixed Interest8.1%
    European Emerging Fixed Interest5.9%
    American Emerging Fixed Interest5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%2.1%2.8%10.1%17.7%44.1%
Sector0.5%2.2%1%10.2%13.2%35.7%
Rank within sector57 / 173104 / 17239 / 171103 / 16725 / 15642 / 143
Quartile2nd3rd1st3rd1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.5%7.9%2.5%5.9%8%
Sector1%6.7%0.7%5.6%5.9%
Rank within sector20 / 17354 / 16733 / 16258 / 15551 / 151
Quartile1st2nd1st2nd2nd
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.
3.38
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.
0.81
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%.
2.43
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.
2.42
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.
0.53
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.
0.44
Price movement
52 week high152.59
52 week low137.88
Current bid price152.49
Current offer price-
Current mid price-
Region
1UK30.58%
2Asia Pacific ex Japan22.73%
3North America8.15%
4European Emerging Markets5.89%
5Latin America5.09%
6Middle East0.98%
7Africa0.45%
8Europe ex UK-1.18%
9Japan-4.39%
Industry sector
1B23.72%
2BB23.69%
3AAA13.91%
4Non-Rated13.87%
5BBB11.44%
6CCC3.02%
7A2.95%
8AA2.31%
9Others-26.61%
Asset type
1UK Fixed Interest30.58%
2Asia Pacific ex Japan Fixed Interest22.73%
3North American Fixed Interest8.15%
4European Emerging Fixed Interest5.89%
5American Emerging Fixed Interest5.09%
6Middle East & African Fixed Interest0.98%
7African Fixed Interest0.45%
8Europe ex UK Fixed Interest-1.18%
9Japanese Fixed Interest-4.39%
Individual holdings
1AUSTRALIAN GOVT LOANS(CMNWLTH OF) 4.25% LN STK 21/04/26 AUD1004.94%
2AUSTRALIA (COMMONWEALTH) 5.5% BDS 21/04/20233.2%
3AUSTRALIAN GOVT LOANS(CMNWLTH OF) 3.25% LN STK 21/04/25 AUD1002.94%
4US TREASURY NOTE 2.00% 15/11/261.61%
5LADBROKES GROUP FINANCE 7.625% GTD NTS 05/03/17 GBP500001.42%
6NEWMONT MINING CORP 1.625% CNV BDS 15/07/17 USD1.42%
7HEATHROW FINANCE 7.125% 01/03/171.39%
8BELLSOUTH 4.4% 26/04/211.16%
9MEXICAN BONOS 5.00% 15/06/171.15%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
To attain the objective by seeking out the best opportunities within the fixed interest universe globally. The Fund invests in higher yielding assets including high yield bonds, investment grade bonds, government bonds, preference shares, convertible bonds and other bonds. The Fund may invest in derivatives and forward transactions for investment purposes. The Manager may also enter into derivative transactions for the purpose of efficient management of the portfolio (including, but not limited to, forward currency transactions to hedge exposure in Euro denominated bonds back into sterling).
Benchmark
  • iBoxx Sterling Non Gilts All Maturities Index
Investment style
High Yield
Investment method
None
Fund manager
NameSinceBiography
Ariel Bezalel01/06/2008Ariel Bezalel started his career at Jupiter and has been a member of the Fixed Interest & Multi-Asset Team since 1998 and a fund manager since 2000. He currently manages the Jupiter Strategic Bond Fund (Unit Trust) and the Jupiter Dynamic Bond fund (SICAV). Ariel has a degree in Economics from Middlesex University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Jupiter Strategic Bond 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 price142.99
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0I2X
Aviva Jupiter Strategic Bond Pn S6
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price152.49
Offer price-
Mid price-
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0I2W
Data provided by

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