Fact sheet: Aviva Property Pn

Fund information
Fund name
Aviva Property Pn 2 S13
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Mike Luscombesince 31/08/2000
No data available.
Fund objective
To provide a return from a mixture of rental income and capital growth The fund will mainly invest in commercial property. A proportion of the fund may also invest in indirect property investments, including quoted property trusts and unregulated collective investment schemes, which may include gearing. Investments in these schemes can be up to a maximum, set currently at 20% of the fund value of which 10% may be geared.
Benchmark
  • IPD Balanced Monthly Index
Investment style
No data available.
Investment method
Mixed
Quick stats
1 Year return
0.1%
1 Year rank in sector
64/159
Sector
PN UK Direct Property
Yield
-
Fund size
£2,013m (£2,162m 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.
16
Bid price
146.75
Top in this sector
Fund name1 Year
Guardian Property Pn11.6%
Guardian Choices Property Pn11.6%
OMW IPL Aviva Lm Prp Pn8.9%
FL Property AP5.7%
FL GM Property Pension5.3%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • UK91.2%
    Money Market8.8%
  • Retail - Property40%
    Offices - Property28.4%
    Industrial - Property16%
    Cash & Cash Equivalents8.8%
    Other - Property6.8%
  • Property82%
    Property Shares9.2%
    Cash & Cash Equivalents8.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%1%-2.3%0.1%31.5%42.5%
Sector0.2%2.7%-2.6%-0.9%25.1%33.5%
Rank within sector24 / 161127 / 16086 / 15964 / 15933 / 15434 / 149
Quartile1st4th3rd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-0.6%11.3%16.6%8%0.4%
Sector-1.8%9.7%14.3%6.9%1%
Rank within sector65 / 15947 / 15832 / 15458 / 15278 / 149
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.
4.69
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.
0.62
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.
2.02
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%.
3.09
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.
2.54
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.
0.68
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.
0.49
Price movement
52 week high150.6
52 week low144.86
Current bid price146.75
Current offer price-
Current mid price-
Region
1UK91.2%
2Money Market8.8%
Industry sector
1Retail - Property40%
2Offices - Property28.4%
3Industrial - Property16%
4Cash & Cash Equivalents8.8%
5Other - Property6.8%
Asset type
1Property82%
2Property Shares9.2%
3Cash & Cash Equivalents8.8%
Individual holdings
No data available.
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
To provide a return from a mixture of rental income and capital growth The fund will mainly invest in commercial property. A proportion of the fund may also invest in indirect property investments, including quoted property trusts and unregulated collective investment schemes, which may include gearing. Investments in these schemes can be up to a maximum, set currently at 20% of the fund value of which 10% may be geared.
Benchmark
  • IPD Balanced Monthly Index
Investment style
No data available.
Investment method
Mixed
Fund manager
NameSinceBiography
Mike Luscombe31/08/2000Joined: Joined Investment Industry in 1985 Main Responsibilities: Fund management of the Norwich Union Linked Property Fund. Experience & Qualifications: Mike joined the firm (as Commercial Union) in 1988. Previously, he worked in both private practice and at Legal & General. Mike holds a BSc (Hons) in Estate Management from Polytechnic of the South Bank and a Post-Graduate Diploma in Property Investment (RICS). He is a Member of the Royal Institution of Chartered Surveyors.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Property Pn
Initial charge-
Annual charge0.63%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price775.82
Offer price816.66
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNE11
Aviva Property Pn 2 S13
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price146.75
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAAQJ
Aviva Property 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 price259.04
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeN579
Aviva Property Pn NU
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price745.14
Offer price784.36
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNU49
Aviva Property Pn NU S3
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price218.65
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNE39
Aviva Property 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)0.3%
Bid price138.98
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGS3S
Aviva Property 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 price862.39
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNE12
Aviva Property 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 price734.22
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNE13
Aviva Property Pn S4
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price745.14
Offer price784.36
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeNE14
Aviva Property 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 price861.4
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDET0
Aviva Property Pn S8
Initial charge0.25%
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.25%
Bid price132.55
Offer price-
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN512
Data provided by

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