Fact sheet: Aviva Mlti Ast III Pn

Fund information
Fund name
Aviva Multi-asset III Pn S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Peter Fitzgeraldsince 04/06/2013
  • Nicholas Samouilhansince 04/06/2013
Underlying fund
Aviva Inv Mlti Ast III
Fund objective
The Fund aims to provide returns through capital growth and income through investment in a diversified range of asset types. It is part of a range of 5 Funds which are all run within set risk parameters. For each Fund the asset allocation is unconstrained except by its risk parameters. The Fund with the lowest risk parameters is Multi-asset I and the highest is Multi-asset V.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
11.6%
1 Year rank in sector
176/510
Sector
PN Specialist
Yield
-
Fund size
£272m (£192m 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.
61
Bid price
150.27
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus38.7%
ReAssure AL NptRu&GtrRus Pn38.2%
L&G Nep Russia&Gtr Russia Pn38%
SIP Fidelity Gbl Technology Pn34.2%
OMW InvescoPerpetualEmgEurpn33.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • North America25.9%
    Not Specified18.3%
    Global Emerging Markets12%
    International11.4%
    Europe8.9%
  • Alternative Investment Strategies17.1%
    Fixed Interest15.9%
    Financials12.1%
    Consumer Goods9.7%
    Industrials7.1%
  • North American Equities25.9%
    Hedge16.9%
    European Equities8.9%
    Global Emerging Market Equities7.2%
    Global Investment Grade Fixed Interest7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%1%10%11.6%27.4%-
Sector-1.8%-0.3%7.2%8.4%19.9%43%
Rank within sector366 / 546122 / 544173 / 531176 / 510103 / 386-
Quartile3rd1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.8%2.6%10.5%13.1%-
Sector8.9%2%7.2%11%7.7%
Rank within sector174 / 514140 / 45075 / 388122 / 357-
Quartile2nd2nd1st2nd
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.
0.58
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.
1.28
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.
0.74
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%.
7.84
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.
2.74
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.
0.87
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.
0.92
Price movement
52 week high154.45
52 week low125.11
Current bid price150.27
Current offer price-
Current mid price-
Region
1North America25.9%
2Not Specified18.3%
3Global Emerging Markets12%
4International11.4%
5Europe8.9%
6USA6.5%
7Money Market6.4%
8Japan4.6%
9UK3.7%
Industry sector
1Alternative Investment Strategies17.08%
2Fixed Interest15.94%
3Financials12.08%
4Consumer Goods9.71%
5Industrials7.07%
6Cash & Cash Equivalents6.94%
7Others6.63%
8Technology6.36%
9Health Care6.23%
Asset type
1North American Equities25.9%
2Hedge16.9%
3European Equities8.9%
4Global Emerging Market Equities7.2%
5Global Investment Grade Fixed Interest7%
6Money Market6.4%
7Global Emerging Market Fixed Interest4.8%
8Japanese Equities4.6%
9Global High Yield Fixed Interest4.4%
Individual holdings
1BLACKROCK NORTH AMERICAN EQUITY TRACKER L25.9%
2AVIVA INVESTORS MULTI-STRATEGY TARGET RETURN CLASS 815.6%
3AVIVA INVESTORS EUROPEAN EQUITY INCOME FUND ZY GBP8.9%
4AVIVA INVESTORS EMERGING MARKETS EQUITY INCOME ZY GBP7.2%
5AVIVA INVESTORS GLOBAL INVESTMENT GRADE CORPORATE BOND I USD7%
6AVIVA INVESTORS EMERGING MARKETS LOCAL CURRENCY BOND FUND CLASS IA4.8%
7BLACKROCK JAPAN EQUITY TRACKER L4.6%
8AVIVA INVESTORS GLOBAL HIGH YIELD BOND I USD4.4%
9UNITED STATES OF AMERICA TREASURY (CPI) NOTE 0.625%4.2%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to provide returns through capital growth and income through investment in a diversified range of asset types. It is part of a range of 5 Funds which are all run within set risk parameters. For each Fund the asset allocation is unconstrained except by its risk parameters. The Fund with the lowest risk parameters is Multi-asset I and the highest is Multi-asset V.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
Equity, Fixed Interest, Money Market
Fund managers
NameSinceBiography
Peter Fitzgerald04/06/2013Main 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.
Nicholas Samouilhan04/06/2013Main responsibilities Nick manages our risk-targeted multi-asset and AIMS funds. Experience and qualifications Nick began his career at Investec Asset Management. Previously, he lectured in economics and finance and authored papers on volatility modelling, macroeconomic forecasting and portfolio diversification. Nick has a doctorate from the University of Cape Town focusing on applying ARCH process models to estimating time-varying risk premia in financial markets. In addition he holds the Financial Risk Management designation and is also a CFA® charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Multi-asset III 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 price146.08
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YRM
Aviva Multi-asset III Pn S14
Initial charge-
Annual charge0.3%
Min single investment£1
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.65%
Bid price144.55
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGS3P
Aviva Multi-asset III 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 price150.27
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YRL
Aviva Multi-asset III Pn S8
Initial charge0.2%
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.55%
Bid price148.85
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YRK
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.