Fact sheet: Aviva R&M UK Dyn Eq Pn

Fund information
Fund name
Aviva River & Mercantile UK Dynamic Equity Pn S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Philip Rodrigssince 01/01/2016
Underlying fund
R&M UK Dynamic Equity
Fund objective
To achieve capital growth by investing in a concentrated portfolio which will primarily consist of direct holdings and indirect holdings (via derivatives) in UK equities. The Fund may vary the proportion of direct and indirect holdings of UK equities in the portfolio dynamically to suit prevailing market conditions. The Fund will not be restricted by reference to a benchmark, sector constraints or company size.
Benchmark
  • FTSE All-Share Capital Return Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
28.7%
1 Year rank in sector
37/845
Sector
PN UK All Companies
Yield
-
Fund size
£2m (£1m 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.
97
Bid price
274.5
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn35.7%
Fidelity UBS UK Select Pn35.1%
Halifax IM UK Growth Pn34.7%
CM UBS UK Opportunities Pension34.5%
SW UBS UK Opps Pn34.1%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK84.5%
    Money Market5.9%
    Isle of Man3.4%
    Jersey2.3%
    Luxembourg2.3%
  • Industrials21.2%
    Financials19.7%
    Consumer Services16.6%
    Oil & Gas14.2%
    Consumer Goods10.8%
  • UK Equities90.2%
    Money Market5.9%
    Luxembourg Equities2.3%
    Irish Equities1.2%
    Israeli Equities0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.3%7.4%16.2%28.7%41.1%132.2%
Sector3.4%6.1%13%20.7%25.5%78.8%
Rank within sector525 / 867217 / 865113 / 86237 / 84534 / 80419 / 761
Quartile3rd2nd1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund11.7%17.4%6.3%2.3%34.1%
Sector8.7%10.2%4.4%0.6%24.2%
Rank within sector115 / 86167 / 837295 / 824201 / 799103 / 780
Quartile1st1st2nd2nd1st
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.
3.6
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.
0.96
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.
0.7
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%.
9.7
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.
3.73
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.
0.85
Price movement
52 week high274.5
52 week low196.6
Current bid price274.5
Current offer price-
Current mid price-
Region
1UK84.47%
2Money Market5.9%
3Isle of Man3.36%
4Jersey2.33%
5Luxembourg2.27%
6Ireland1.17%
7Israel0.5%
Industry sector
1Industrials21.16%
2Financials19.65%
3Consumer Services16.59%
4Oil & Gas14.15%
5Consumer Goods10.82%
6Health Care10.49%
7Money Market3.2%
8Technology3.06%
9Basic Materials0.88%
Asset type
1UK Equities90.16%
2Money Market5.9%
3Luxembourg Equities2.27%
4Irish Equities1.17%
5Israeli Equities0.5%
Individual holdings
1BRITISH AMERICAN TOBACCO4.8%
2SHIRE PLC4.6%
3BP4.1%
4ROYAL DUTCH SHELL4.1%
5LLOYDS BANKING GROUP PLC3.7%
6ROYAL DUTCH SHELL3.7%
7BARCLAYS PLC3.6%
8AVIVA2.9%
9PRUDENTIAL PLC2.8%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
To achieve capital growth by investing in a concentrated portfolio which will primarily consist of direct holdings and indirect holdings (via derivatives) in UK equities. The Fund may vary the proportion of direct and indirect holdings of UK equities in the portfolio dynamically to suit prevailing market conditions. The Fund will not be restricted by reference to a benchmark, sector constraints or company size.
Benchmark
  • FTSE All-Share Capital Return Index
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Philip Rodrigs01/01/2016Philip Rodrigs is a Partner of the River and Mercantile Group's Equity Solutions division. Philip specialises as an investor in UK listed firms. Philip joined River and Mercantile in March 2014 following a successful 8 years with Investec Asset Management, having grown the multi-award winning Investec UK Smaller Companies Fund to over $1bn and being recognised as Investment Week Fund Manager of the Year 2010 and 2011 and the Morningstar OBSR Outstanding Rising Talent in 2012. Philip also managed the UK All-Cap Investec UK Alpha Fund and latterly co-managed the Investec UK Blue Chip Fund. Philip has been investing in AiM listed stocks since graduating from Oxford University in 2002, with spells at Invesco Asset Management and T Rowe Price Asset Management prior to joining Investec in 2005.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva River & Mercantile UK Dynamic Equity 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)1.45%
Bid price-
Offer price-
Mid price238.86
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDEM3
Aviva River & Mercantile UK Dynamic Equity 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)1.45%
Bid price274.5
Offer price-
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDDQ6
Data provided by

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