Fact sheet: Aviva MM Flexible Pn

Fund information
Fund name
Aviva Multi-Manager Flexible Pn S3
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Peter Fitzgeraldsince 30/08/2011
No data available.
Fund objective
The fund aims to provide long-term capital growth by investing in other eligible Collective Investment Schemes (the target funds). Although the target funds may invest in equities, bonds, property securities or money market instruments, it is anticipated that the fund will be 100% invested in target funds whose objectives are equity investment.
Benchmark
  • IA Flexible Investment
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
14.5%
1 Year rank in sector
105/422
Sector
PN Flexible Investment
Yield
-
Fund size
£46m (£39m 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.
80
Bid price
289.67
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn27.7%
Aegon Mrc Divfd Gth Pn24.3%
FL Threadneedle Gbl Equ Inc Pn23.5%
FL Thrdndl Gbl Eq Inc XE/IE Pn22.6%
FL Spicers Adventurous Pn22.3%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • North America42.6%
    Europe ex UK17.1%
    Not Specified8.5%
    Japan7%
    UK6%
  • Others23.9%
    Fixed Interest15.9%
    Financials12.6%
    Industrials9.5%
    Consumer Goods7.9%
  • International Equities66.7%
    Global Fixed Interest15.2%
    UK Equities5.3%
    Alternative Investment Strategies3.9%
    Cash & Cash Equivalents3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%2.6%14%14.5%29.9%70.8%
Sector-1.9%-0.2%8.8%10.6%22.1%55%
Rank within sector297 / 48581 / 47281 / 464105 / 42268 / 30979 / 246
Quartile3rd1st1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund14.4%3.5%9%17.9%12.6%
Sector11%2.5%6.7%14.8%10.5%
Rank within sector115 / 430113 / 33581 / 309131 / 26687 / 249
Quartile2nd2nd2nd2nd2nd
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.
0.27
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.
1.32
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.
0.68
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%.
9.52
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.
3.9
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.
0.62
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.
0.88
Price movement
52 week high299.71
52 week low227.94
Current bid price289.67
Current offer price-
Current mid price-
Region
1North America42.6%
2Europe ex UK17.1%
3Not Specified8.5%
4Japan7%
5UK6%
6Emerging Asia5.6%
7Central & S America4%
8Money Market3.7%
9European Emerging Markets2.6%
Industry sector
1Others23.9%
2Fixed Interest15.9%
3Financials12.6%
4Industrials9.5%
5Consumer Goods7.9%
6Consumer Services6.7%
7Technology6.3%
8Health Care4%
9Alternative Investment Strategies3.9%
Asset type
1International Equities66.7%
2Global Fixed Interest15.2%
3UK Equities5.3%
4Alternative Investment Strategies3.9%
5Cash & Cash Equivalents3.7%
6Others2.3%
7Property2.2%
8UK Corporate Fixed Interest0.7%
Individual holdings
1INTECHNOLOGY21.5%
2WELLINGTON MANAGEMENT US RESEARCH EQUITY PORTFOLIO CLASS A17.5%
3T ROWE PRICE (EMERGING MARKETS)9%
4BLACKROCK (LUX) BGF EMERGING MARKETS LOCAL CURRENCY BOND A27.2%
5HERMES GLOBAL HIGH YIELD CREDIT CLASS F (HEDGED)7%
6MAN GLG JAPAN COREALPHA PROFESSIONAL6.9%
7INVESCO PERPETUAL EUROPEAN EQUITY INCOME (NO TRAIL)6.8%
8BLACKROCK EUROPEAN DYNAMIC FD ACC6.7%
9ARTEMIS INCOME R ACC5.6%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The fund aims to provide long-term capital growth by investing in other eligible Collective Investment Schemes (the target funds). Although the target funds may invest in equities, bonds, property securities or money market instruments, it is anticipated that the fund will be 100% invested in target funds whose objectives are equity investment.
Benchmark
  • IA Flexible Investment
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Peter Fitzgerald30/08/2011Main responsibilities Peter manages our suite of outcome-focused multi-strategy capabilities targeting specific client outcomes such as achieving reliable capital growth and securing a steady stream of income. He also leads our global multi-asset investment team and is responsible for the strategic direction of our global multi-asset and multi-strategy offering. Experience and qualifications Peter began his career at Old Mutual in 1995 before joining BNP Wealth Management’s multi-asset team. He has extensive international experience having worked in Asia, Latin America and Europe. He joined us in 2011. Peter holds a postgraduate diploma in Education from Trinity College Dublin and a degree in European studies from the University of Cork. He is a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Multi-Manager Flexible Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price327.16
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNO44
Aviva Multi-Manager Flexible 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 price390.63
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeN588
Aviva Multi-Manager Flexible Pn S14
Initial charge-
Annual charge0.45%
Min single investment£1
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.2%
Bid price159.48
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGS0W
Aviva Multi-Manager Flexible 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 price289.67
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNO45
Aviva Multi-Manager Flexible 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 price293.35
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNO46
Aviva Multi-Manager Flexible 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 price219.89
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN467
Aviva Multi-Manager Flexible Pn S7
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price206
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeN466
Data provided by

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