Fact sheet: Aviva Multi-asset II Pn

Fund information
Fund name
Aviva Multi-asset II 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 II
Fund objective
The Fund aims to provide returns through a combination of capital growth and income. Any income will be reinvested, as only accumulation shares are available at present.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
Equity, Fixed Interest
Quick stats
1 Year return
8.3%
1 Year rank in sector
250/514
Sector
PN Specialist
Yield
-
Fund size
£141m (£89m 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.
44
Bid price
149.68
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus48.9%
ReAssure AL NptRu&GtrRus Pn48.8%
L&G Nep Russia&Gtr Russia Pn48.2%
OMW InvescoPerpetualEmgEurpn44.4%
Scot Eq JPM Emg Eur Eq Pn43.8%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • Not Specified23.4%
    North America17.1%
    International14.6%
    Money Market11.1%
    USA10.8%
  • Fixed Interest22.2%
    Alternative Investment Strategies17.5%
    Cash & Cash Equivalents15.2%
    Financials9.1%
    Others8%
  • Hedge20.9%
    North American Equities17.1%
    Global Investment Grade Fixed Interest11.7%
    Money Market11.1%
    Global Index Linked7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%0.4%6.4%8.3%23.5%42%
Sector-0%-0.1%6.8%9.4%21.6%42.3%
Rank within sector291 / 546200 / 545237 / 531250 / 514170 / 386156 / 317
Quartile3rd2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund8.3%2.8%9.5%9.3%5.5%
Sector9.3%2%7.2%11%7.7%
Rank within sector251 / 514127 / 45095 / 388156 / 357233 / 318
Quartile2nd2nd1st2nd3rd
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
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.
0.95
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.
0.59
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%.
5.98
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.
1.95
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.
0.34
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.
0.89
Price movement
52 week high152.92
52 week low131.99
Current bid price149.68
Current offer price-
Current mid price-
Region
1Not Specified23.4%
2North America17.1%
3International14.6%
4Money Market11.1%
5USA10.8%
6Global Emerging Markets7.9%
7Europe5.8%
8Australia3.8%
9Japan3%
Industry sector
1Fixed Interest22.2%
2Alternative Investment Strategies17.5%
3Cash & Cash Equivalents15.2%
4Financials9.1%
5Others8%
6Consumer Goods6.3%
7Industrials5%
8Health Care4.3%
9Technology4.3%
Asset type
1Hedge20.9%
2North American Equities17.1%
3Global Investment Grade Fixed Interest11.7%
4Money Market11.1%
5Global Index Linked7%
6European Equities5.8%
7Global Emerging Market Equities4.8%
8Australian Government Fixed Interest3.8%
9US Government Fixed Interest3.8%
Individual holdings
1AVIVA INVESTORS MULTI-STRATEGY TARGET RETURN CLASS 819.1%
2BLACKROCK NORTH AMERICAN EQUITY TRACKER L17.1%
3AVIVA INVESTORS GLOBAL INVESTMENT GRADE CORPORATE BOND I USD11.7%
4UNITED STATES OF AMERICA TREASURY (CPI) NOTE 0.625%7%
5AVIVA INVESTORS EUROPEAN EQUITY INCOME FUND ZY GBP5.8%
6AVIVA INVESTORS EMERGING MARKETS EQUITY INCOME ZY GBP4.8%
7AUSTRALIAN GOVERNMENT BOND 10 YR FUTURE3.8%
8UNITED STATES OF AMERICA TREASURY NOTE 10 YR FUTURE3.8%
9AVIVA INVESTORS EMERGING MARKETS LOCAL CURRENCY BOND FUND CLASS IA3.1%
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 a combination of capital growth and income. Any income will be reinvested, as only accumulation shares are available at present.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
Equity, Fixed Interest
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 II 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 price144.56
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN4T8
Aviva Multi-asset II 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)0.75%
Bid price133.99
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGS3O
Aviva Multi-asset II 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 price149.68
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN4T7
Aviva Multi-asset II 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 price138.14
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YRJ
Data provided by

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