Fact sheet: Aviva Reserve Pn

Fund information
Fund name
Aviva Reserve Pn S11
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Richard Hallettsince 25/06/2011
No data available.
Fund objective
The fund aims to provide a safe return in line with bank and building society interest rates. The fund has very little risk attached to it and protects capital values from falling.
Benchmark
  • LIBID GBP 7 Day
Investment style
No data available.
Investment method
Certificate of Deposit, Deposits
Quick stats
1 Year return
0.6%
1 Year rank in sector
1/54
Sector
PN Deposit & Treasury
Yield
-
Fund size
£1,023m (£906m last year)
Bid price
103.42
Top in this sector
Fund name1 Year
Aviva Reserve Pn0.6%
Aviva Deposit Pn0.6%
FL GM Cash Pension0.6%
Aviva YP Deposit (CGU) Pn0.6%
Pru Ex-DSF Cash Pn0.5%
...more in PN Deposit & Treasury

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.2%0.6%1.7%3%
Sector-0%-0%-0%-0.1%-0.2%-0.4%
Rank within sector1 / 552 / 552 / 551 / 541 / 501 / 48
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund0.5%0.6%0.5%0.5%0.8%
Sector-0.1%-0%-0.1%-0.2%-0%
Rank within sector2 / 551 / 543 / 502 / 491 / 48
Quartile1st1st1st1st1st
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.
0.63
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
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.
-
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%.
0.03
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.
0.02
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.
26.33
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.
0.39
Price movement
52 week high103.41
52 week low102.84
Current bid price103.42
Current offer price-
Current mid price-
Region
1Money Market100%
Industry sector
1Certificates of Deposit93.9%
2Call Deposit5.9%
3Commercial Paper0.2%
Asset type
1Money Market100%
Individual holdings
1CREDIT AGRICOLE INDOSUEZ 0.54% CT OF DEP 14/11/16 GBP15%
2AVIVA INVESTORS CASH SC 3 ACC4.3%
3ABBEY NATIONAL TREASURY SERVICES 0.35% CT OF DEP 31/10/16 GBP13%
4SUMITOMO MITSUI BANKING CP EUROPE 0.46% CT OF DEP 03/11/16 GBP13%
5COOPERATIEVE RABOBANK UA CD 0.64% 03/10/20162.5%
6NATIONAL BANK OF ABU DHABI 0.66% CT OF DEP 03/10/16 GBP12.5%
7NATIONWIDE BUILDING SOCIETY 0.51% CT OF DEP 02/11/16 GBP12.5%
8NORINCHUKIN BANK CD 0% 07/10/20162.5%
9QATAR NATIONAL BANK CD 0% 30/11/20162.5%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The fund aims to provide a safe return in line with bank and building society interest rates. The fund has very little risk attached to it and protects capital values from falling.
Benchmark
  • LIBID GBP 7 Day
Investment style
No data available.
Investment method
Certificate of Deposit, Deposits
Fund manager
NameSinceBiography
Richard Hallett25/06/2011Richard Hallett joined the firm in 1998. He was appointed Cash Fund Manager following the merger of Commercial Union and General Accident. Richard holds a Degree in Accounting & Finance.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Reserve 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 price102.55
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGE0
Aviva Reserve Pn S11
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price103.42
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGD9
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.