Fact sheet: Aviva Multi-asset Pn

Fund information
Fund name
Aviva Multi-asset Pn V S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Nicholas Samouilhansince 05/06/2013
  • Peter Fitzgeraldsince 05/06/2013
Underlying fund
Aviva Inv Mlti Ast V
Fund objective
The Fund aims to provide capital growth.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
Equity, Fixed Interest
Quick stats
1 Year return
28.8%
1 Year rank in sector
75/531
Sector
PN Specialist
Yield
-
Fund size
£40m (£24m 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.
87
Bid price
176.06
Top in this sector
Fund name1 Year
Scot Eq Technology Pn60.8%
FL AXA Framlington Gbl Tech AP56.2%
SIP Fidelity Gbl Technology Pn55.7%
Zurich AXAFramGblTechPn55.2%
FL AXA Fram Gbl Tech EP54.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • North America35.4%
    Global Emerging Markets18.8%
    Europe15.2%
    International14.2%
    Japan6.7%
  • Financials14%
    Fixed Interest12.5%
    Consumer Goods11.7%
    Cash & Cash Equivalents10.7%
    Alternative Investment Strategies8.7%
  • North American Equities35.4%
    European Equities15.2%
    Global Emerging Market Equities11.2%
    Global Emerging Market Fixed Interest7.6%
    Global High Yield Fixed Interest7.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3%2.3%9.1%28.8%47.9%81%
Sector1.5%1.8%6%15.3%25.5%50%
Rank within sector54 / 554176 / 55499 / 54975 / 53146 / 39565 / 333
Quartile1st2nd1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund5.3%21.6%2.4%13.4%7.9%
Sector3.8%11.6%2%7.2%11%
Rank within sector113 / 550101 / 514144 / 44946 / 387168 / 360
Quartile1st1st2nd1st2nd
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.
-1.11
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.
1.89
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.
0.85
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%.
11.79
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.
6.44
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.
0.82
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.
0.9
Price movement
52 week high176.86
52 week low135.43
Current bid price176.06
Current offer price-
Current mid price-
Region
1North America35.4%
2Global Emerging Markets18.8%
3Europe15.2%
4International14.2%
5Japan6.7%
6UK5.2%
7Not Specified4.2%
8Money Market0.3%
Industry sector
1Financials13.98%
2Fixed Interest12.46%
3Consumer Goods11.72%
4Cash & Cash Equivalents10.69%
5Alternative Investment Strategies8.69%
6Industrials8.44%
7Technology7.68%
8Health Care7.27%
9Consumer Services6.55%
Asset type
1North American Equities35.4%
2European Equities15.2%
3Global Emerging Market Equities11.2%
4Global Emerging Market Fixed Interest7.6%
5Global High Yield Fixed Interest7.4%
6International Equities6.8%
7Japanese Equities6.7%
8UK Equities5.2%
9Hedge4.2%
Individual holdings
1BLACKROCK NORTH AMERICAN EQUITY TRACKER L28.4%
2AVIVA INVESTORS EUROPEAN EQUITY INCOME FUND ZY GBP15.2%
3AVIVA INVESTORS EMERGING MARKETS EQUITY INCOME ZY GBP11.2%
4AVIVA INVESTORS EMERGING MARKETS LOCAL CURRENCY BOND FUND CLASS IA7.6%
5AVIVA INVESTORS GLOBAL HIGH YIELD BOND I USD7.4%
6S&P 500 FUTURE7.1%
7AVIVA INVESTORS GLOBAL EQUITY ENDURANCE FUND CLASS ZY6.8%
8BLACKROCK JAPAN EQUITY TRACKER L6.7%
9FTSE 100 FUTURE5.2%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to provide capital growth.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
Equity, Fixed Interest
Fund managers
NameSinceBiography
Nicholas Samouilhan05/06/2013Nick manages our risk-targeted multi-asset funds and is a co-manager of our AIMS Target Income fund. 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.
Peter Fitzgerald05/06/2013Main 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Multi-asset Pn V Inet
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price169.57
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN4T4
Aviva Multi-asset Pn V S6
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.74%
Bid price176.06
Offer price-
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN4T3
Data provided by

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