Fact sheet: Aviva M&G Nth Amr Div Pn

Fund information
Fund name
Aviva M&G North American Dividend Pn S14
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Aled Smithsince 29/10/2007
Underlying fund
M&G Nth Am Div
Fund objective
The fund aims to maximise total return (the combination of capital growth and income) whilst aiming to grow distributions over the long term. The fund will invest mainly in North American equities and may invest across all sectors and market capitalisations. It may also invest in transferable securities issued by companies listed, registered or trading within North America and in collective investment schemes. Cash or near cash may be held. Derivatives may be used for efficient portfolio management and hedging purposes.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
37.7%
1 Year rank in sector
24/309
Sector
PN North America
Yield
-
Fund size
£10m (£8m 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.
121
Bid price
205.19
Top in this sector
Fund name1 Year
BlackRock Aq Lf Canadn EqIdx Pn46.5%
Canlife North American Pn43.7%
FL Investec American AP42.9%
Zurich Investec American Pn41.9%
FL Investec American EP41.4%
...more in PN North America

Performance snapshot

Holdings snapshot

  • USA86.4%
    Canada10.7%
    Money Market2.9%
  • Information Technology21.4%
    Health Care16.4%
    Consumer Discretionary13.3%
    Financials12.9%
    Consumer Staples11.1%
  • US Equities86.4%
    Canadian Equities10.7%
    Money Market2.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%12.5%26.7%37.7%63.6%-
Sector4%8.6%21.7%27.3%60.1%118.6%
Rank within sector248 / 32121 / 32118 / 32024 / 309127 / 296-
Quartile4th1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund37.6%-1%18.3%27.8%-
Sector26.6%4.4%18.7%29.2%7%
Rank within sector24 / 309290 / 304185 / 296218 / 284-
Quartile1st4th3rd4th
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.
-1.54
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.
1.12
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.
0.99
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%.
13.39
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.
3.62
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.
0.06
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.
0.94
Price movement
52 week high204.03
52 week low132.93
Current bid price205.19
Current offer price-
Current mid price-
Region
1USA86.44%
2Canada10.69%
3Money Market2.87%
Industry sector
1Information Technology21.35%
2Health Care16.37%
3Consumer Discretionary13.27%
4Financials12.94%
5Consumer Staples11.09%
6Energy10.69%
7Materials8.55%
8Industrials2.87%
9Money Market2.87%
Asset type
1US Equities86.44%
2Canadian Equities10.69%
3Money Market2.87%
Individual holdings
1REYNOLDS AMERICAN INC7.24%
2METHANEX CORP6.31%
3UNITEDHEALTH GROUP INC6.16%
4MICROSOFT CORP4.98%
5BROADCOM CORP4.68%
6LAS VEGAS SANDS CORP4.49%
7PEMBINA PIPELINE CORP3.97%
8MEDTRONIC INC3.96%
9MASTERCARD INC3.71%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The fund aims to maximise total return (the combination of capital growth and income) whilst aiming to grow distributions over the long term. The fund will invest mainly in North American equities and may invest across all sectors and market capitalisations. It may also invest in transferable securities issued by companies listed, registered or trading within North America and in collective investment schemes. Cash or near cash may be held. Derivatives may be used for efficient portfolio management and hedging purposes.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Aled Smith29/10/2007Aled Smith joined M&G in December 2000 as a global equity fund manager and is currently managing the M&G Global Leaders Fund. Before joining M&G, Aled worked at JP Morgan Asset Management for eight years, four of these as a specialist senior analyst for the media sector. Prior to joining JP Morgan, he was an actuarial consultant for Coopers & Lybrand from 1989 to 1992. Aled graduated from Lincoln College, Oxford, in 1989 with a BA in mathematics. He is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva M&G North American Dividend 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 price243.58
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA8Z4
Aviva M&G North American Dividend Pn S14
Initial charge-
Annual charge0.75%
Min single investment£1
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.9%
Bid price205.19
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGS1Y
Aviva M&G North American Dividend 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 price273.9
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA8Z3
Data provided by

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