Fact sheet: Aviva Kames Strat Bond Pn

Fund information
Fund name
Aviva Kames Strategic Bond Pn S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Philip Milburnsince 01/11/2009
  • David Robertssince 29/10/2007
Underlying fund
Kames Strategic Bond
Fund objective
The primary investment objective is to maximise total return (income plus capital) by investing in global debt instruments, denominated in any currency, ranging from AAA Government Bonds through to high yield and emerging market corporate bonds. At least 80% of the Fund will be invested in sterling and other currency denominated bonds hedged back to sterling.
Benchmark
  • IA £ Strategic Bond Sector
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10.1%
1 Year rank in sector
53/168
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£4m (£5m 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.
27
Bid price
178.24
Top in this sector
Fund name1 Year
AXA Wealth AXA Fram Mgd Inc Pn14.4%
OMW AXA Framlington Mgd Inc14.4%
Canlife AXA Fram Mgd Inc Pn14.2%
Aviva Art High Income Pn13.6%
Aviva Managed High Inc Pn12.4%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • Not Specified39%
    UK23.9%
    USA9.5%
    Australia8.3%
    Netherlands7.9%
  • Financials34.2%
    Industrials24%
    Asset/Mortgage-Backed Securities16.1%
    Government Bonds9.8%
    Utilities8.6%
  • UK Fixed Interest42.2%
    US Fixed Interest28.1%
    Dutch Fixed Interest7.9%
    Money Market7.7%
    French Fixed Interest4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%0.5%2.4%10.1%10.7%35.9%
Sector0.7%0.3%2.2%8.4%12.6%37.3%
Rank within sector80 / 17484 / 17280 / 17253 / 168110 / 15587 / 143
Quartile2nd2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.4%6.7%-0.4%5%5.2%
Sector0.4%6.7%0.7%5.6%5.9%
Rank within sector111 / 17484 / 168121 / 16390 / 15590 / 151
Quartile3rd2nd3rd3rd3rd
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.
-0.67
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.
1.03
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.
0.06
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%.
3.61
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.
1.36
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.
-0.41
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.
0.86
Price movement
52 week high178.59
52 week low160.44
Current bid price178.24
Current offer price-
Current mid price-
Region
1Not Specified39.02%
2UK23.87%
3USA9.51%
4Australia8.25%
5Netherlands7.9%
6France7.47%
7Money Market7.29%
8Jersey4.35%
9New Zealand1.96%
Industry sector
1Financials34.2%
2Industrials24%
3Asset/Mortgage-Backed Securities16.1%
4Government Bonds9.8%
5Utilities8.6%
6Money Market5.2%
7Government Agency Bonds2.1%
Asset type
1UK Fixed Interest42.19%
2US Fixed Interest28.13%
3Dutch Fixed Interest7.9%
4Money Market7.68%
5French Fixed Interest4.27%
6New Zealand Fixed Interest1.96%
7Luxembourg Fixed Interest1.86%
8Australian Fixed Interest1.79%
9Irish Fixed Interest1.56%
Individual holdings
1TREASURY 1% GILT 07/09/17 GBP0.014.67%
2NEW ZEALAND(GOVERNMENT OF) 2.75% BDS 15/04/37 NZD10001.96%
3MORGAN STANLEY 1% BDS 16/11/18 AUD10001.65%
4KELDA FINANCE 3 PLC 5.75% NTS 17/02/20 GBP1000001.63%
5ABN AMRO BANK NV 6.25% MTN 27/04/22 USD2000001.54%
6HEALTH CARE REIT INC 3.75% BDS 15/03/23 USD10001.54%
7PGH CAPITAL PLC 5.75% GTD BDS 07/07/21 GBP1000001.4%
8APT PIPELINES LTD 0% NTS 22/03/27 EUR1000001.27%
9CITIGROUP INC UNDATED BDS USD10001.27%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The primary investment objective is to maximise total return (income plus capital) by investing in global debt instruments, denominated in any currency, ranging from AAA Government Bonds through to high yield and emerging market corporate bonds. At least 80% of the Fund will be invested in sterling and other currency denominated bonds hedged back to sterling.
Benchmark
  • IA £ Strategic Bond Sector
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Philip Milburn01/11/2009Philip is an investment manager in the fixed income team. He joined us in 1997 straight from university. Philip studied Economics at the University of Edinburgh.
David Roberts29/10/2007David is Joint Head of Fixed Income and is jointly responsible for managing the fixed income team. He joined us in 2004 from Britannic Asset Management where he was Head of Credit. David studied Economics and Industrial Relations at the University of Strathclyde and has an MSc in Investment Analysis.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Kames 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 price158.27
CurrencyGBX
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA8V3
Aviva Kames 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 price178.24
Offer price-
Mid price-
CurrencyGBX
Price updated23/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA9A0
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.