Fact sheet: Aviva Old M Corp Bd Pn

Fund information
Fund name
Aviva Old Mutual Corporate Bond Pn S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Stephen Snowdensince 06/04/2008
Underlying fund
Old Mutual Corporate Bond
Fund objective
To maximise total return through investment in a diversified portfolio of fixed interest securities and other debt securities.
Benchmark
  • ML Sterling Non-Gilt
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
13.9%
1 Year rank in sector
13/261
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£4m (£4m 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.
39
Bid price
184.15
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP18.1%
OMW IPL L&G AAA CrpBdOv15YIx Pn16.8%
Zurich M&G All StCor Bd16.2%
L&G PMC AAAAAA CpBd Ov15Y Id Pn15.6%
M&G PP All Stock Corporate Bond Pn15.4%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK45.9%
    Money Market21%
    USA14.5%
    Germany4.5%
    France4.3%
  • Investment Grade Corporate Bonds92.2%
    Money Market3.9%
    Fixed Interest2.3%
    High Yield Bond1.6%
  • UK Fixed Interest45.9%
    Money Market21%
    US Fixed Interest14.5%
    German Fixed Interest4.5%
    French Fixed Interest4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%3.6%-1.4%13.9%19.5%46.7%
Sector1.4%2.5%-2.4%10.2%19.6%36.8%
Rank within sector96 / 2628 / 26482 / 26513 / 261120 / 23517 / 215
Quartile2nd1st2nd1st3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund1.5%10.8%-2%9.8%6.5%
Sector0.6%9.4%0.2%10.5%1%
Rank within sector4 / 26548 / 260238 / 246157 / 2352 / 226
Quartile1st1st4th3rd1st
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.
-0.43
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.
1.09
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.
0.37
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%.
6.06
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.
1.68
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.
0.04
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.
0.93
Price movement
52 week high188.01
52 week low161.38
Current bid price184.15
Current offer price-
Current mid price-
Region
1UK45.92%
2Money Market21.04%
3USA14.5%
4Germany4.46%
5France4.35%
6Sweden3.29%
7Japan3.03%
8Australia2.91%
9Spain2.72%
Industry sector
1Investment Grade Corporate Bonds92.2%
2Money Market3.9%
3Fixed Interest2.3%
4High Yield Bond1.6%
Asset type
1UK Fixed Interest45.92%
2Money Market21.04%
3US Fixed Interest14.5%
4German Fixed Interest4.46%
5French Fixed Interest4.35%
6Swedish Fixed Interest3.29%
7Japanese Fixed Interest3.03%
8Australian Fixed Interest2.91%
9Spanish Fixed Interest2.72%
Individual holdings
1TRANSPORT FOR LONDON 2.125% NTS 24/04/25 GBP1000001.3%
2J.P.MORGAN CHASE AND CO 2% 20221.2%
3TREASURY 4.5% GILT 7/9/2034 GBP0.011.2%
4BANK OF NOVA SCOTIA 0.75% CVD BDS 14/09/21 GBP1000001.1%
5EXPERIAN FINANCE PLC 3.5% BDS 15/10/21 GBP1000001.1%
6LLOYDS BANK PLC 6.000000 08/02/20291.1%
7METRO. LIFE GBL. FUNDING 2.75% 23/11/20221.1%
8NATIONAL GRID GAS FINANCE PLC 2.625% INST 22/09/38 GBP1000001.1%
9TOTAL CAPITAL INTERNATIONAL SA 2.25% BDS 09/06/22 GBP10001.1%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
To maximise total return through investment in a diversified portfolio of fixed interest securities and other debt securities.
Benchmark
  • ML Sterling Non-Gilt
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Stephen Snowden06/04/2008Stephen Snowden is Head of Credit in the Fixed Income team. He specialises in investment grade credit and co-manages two investment grade bond funds and an absolute return bond fund. He rejoined Kames Capital in July 2011 from Old Mutual Asset Management where he managed the Corporate Bond Fund. Stephen started his career with us in 1994, initially focusing on equities before moving to the fixed income team to manage corporate bond funds. He has a first class honours degree BSc Finance and an MSc Finance from Queens University Belfast, and is also an associate member of the CFA Society of the UK.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Old Mutual Corporate Bond 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 price166.54
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBES4
Aviva Old Mutual Corporate Bond 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 price184.15
Offer price-
Mid price-
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBES3
Data provided by

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