Fact sheet: Aviva ManGLGBalMgdPn

Fund information
Fund name
Aviva Man GLG Balanced Managed Pn S3
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Ben Funnellsince 29/06/2009
Underlying fund
Man GLG Balanced Managed
Fund objective
To seek long term capital growth through investing principally in a range of investment funds operated, managed or advised by Man Fund Management UK Ltd or any of its associates. It may also invest in exchange traded funds and may use financial derivative instruments for investment purposes, hedging or other efficient portfolio management purposes. Between 40% and 85% of the holdings will be equities including convertibles. At least 25% of assets will be in Pound Sterling (including assets hedged back to Pound Sterling) and a further 25% will be in Pound Sterling/Euro/US Dollar.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Aggressive
Investment method
Mixed
Quick stats
1 Year return
14.8%
1 Year rank in sector
732/810
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£48m (£27m 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.
55
Bid price
208.84
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn40.7%
Scot Eq Sequel Adventurous Pn39.1%
Scot Eq Sequel Adven Jrny Pn39%
Scot Eq Caerus Pfl DRP 4 Pn36.7%
FL My Ftr Advantage Gth Pn36.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK31.3%
    International18.3%
    Europe ex UK15.4%
    USA12.4%
    Japan10.1%
  • No data available.
  • UK Equities26%
    Global Fixed Interest18.3%
    Europe ex UK Equities15.4%
    US Equities12.4%
    Japanese Equities10.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3%4.1%11.2%14.8%18.4%62%
Sector3.4%2.5%7.9%20.6%24.3%53.2%
Rank within sector674 / 91594 / 912110 / 895732 / 810600 / 699149 / 601
Quartile3rd1st1st4th4th1st
Calendar performance
 YTD - 20172016201520142013
Fund2.2%8.6%3%5.7%20.9%
Sector1.8%14.3%2.2%5.7%13.1%
Rank within sector432 / 913742 / 801249 / 754251 / 69425 / 663
Quartile2nd4th2nd2nd1st
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.
-1.35
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.
0.99
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.
0.29
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%.
7.79
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.
2.99
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.
-0.48
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.
0.85
Price movement
52 week high208.9
52 week low170.99
Current bid price208.84
Current offer price-
Current mid price-
Region
1UK31.3%
2International18.27%
3Europe ex UK15.44%
4USA12.35%
5Japan10.08%
6Global Emerging Markets6.98%
7Money Market4.38%
8Others1.13%
9Asia Pacific0.07%
Industry sector
No data available.
Asset type
1UK Equities25.99%
2Global Fixed Interest18.27%
3Europe ex UK Equities15.44%
4US Equities12.35%
5Japanese Equities10.08%
6Global Emerging Market Equities6.98%
7UK Fixed Interest5.31%
8Money Market4.38%
9Others1.13%
Individual holdings
1ROYAL DUTCH SHELL1.61%
2HSBC HOLDINGS PLC1%
3SHIRE PLC0.95%
4BARCLAYS PLC0.87%
5IMPERIAL BRANDS PLC0.85%
6AIRBUS GROUP SE0.84%
7WOLSELEY PLC0.84%
8AVIVA PLC0.82%
9MERCK KGAA0.8%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
To seek long term capital growth through investing principally in a range of investment funds operated, managed or advised by Man Fund Management UK Ltd or any of its associates. It may also invest in exchange traded funds and may use financial derivative instruments for investment purposes, hedging or other efficient portfolio management purposes. Between 40% and 85% of the holdings will be equities including convertibles. At least 25% of assets will be in Pound Sterling (including assets hedged back to Pound Sterling) and a further 25% will be in Pound Sterling/Euro/US Dollar.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Aggressive
Investment method
Mixed
Fund manager
NameSinceBiography
Ben Funnell29/06/2009Ben is the lead portfolio manager of GLG’s Global and European long only strategies. Previously he was GLG’s chief equity strategist. Prior to joining GLG he spent 11 years at Morgan Stanley, the last nine of those years on the top II and Extel-rated European Equity Strategy team, which he co-headed in his final three years at the firm as a Managing Director. He was educated in modern languages at Durham University, UK. His approach to investing is both top-down and bottom-up, with macro views influencing portfolio positioning. Areas of particular interest to his research process include income disparity and social inequality, and the associated rise in household leverage; the political economy of the Eurozone and latterly of Japan; and investment style, with a focus on truly active management.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Man GLG Balanced 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 price355.37
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN681
Aviva Man GLG Balanced 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 price244.8
Offer price-
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGN63
Aviva Man GLG Balanced 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 price208.84
Offer price-
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCU25
Aviva Man GLG Balanced 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 price312.17
Offer price312.17
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNK73
Data provided by

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