Fact sheet: Aviva Sch Inc Maximiser Pn

Fund information
Fund name
Aviva Schroder Income Maximiser Pn S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Thomas Seesince 04/04/2008
Underlying fund
Schroder Income Maximiser
Fund objective
The Fund’s investment objective is to provide income with potential for capital growth primarily through investment in equity and equity related securities of UK companies. The Fund will also use derivative instruments to generate additional income. The Manager may selectively sell short dated call options over securities or portfolios of securities held by the Fund or indices, in order to generate additional income by setting target 'strike' prices at which those securities may be sold in the future.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
26.1%
1 Year rank in sector
21/225
Sector
PN UK Equity Income
Yield
-
Fund size
£6m (£5m 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.
107
Bid price
230.68
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn42%
OMW UBS UK Equity Income41.5%
OMW IPLMaUkEqPn30.3%
FL Schroder Inc AP30.3%
Zurich Schroder Income Pn29.5%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK83.2%
    USA13.1%
    Australia3%
    Money Market1.5%
    Not Specified-0.9%
  • Financials31.3%
    Consumer Services17.5%
    Health Care11.3%
    Oil & Gas10.4%
    Technology8.5%
  • UK Equities83.3%
    US Equities13.3%
    Australian Equities2.8%
    Money Market1.7%
    Alternative Investment Strategies-1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%6.5%12.3%26.1%20.9%79.5%
Sector2.4%6.1%5.7%19%20.6%61.5%
Rank within sector109 / 23179 / 23115 / 22921 / 22591 / 20524 / 193
Quartile2nd2nd1st1st2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund2.3%21.5%-4.8%5%26.4%
Sector2.5%11.5%3.9%3.7%23.2%
Rank within sector137 / 23115 / 225195 / 22063 / 20553 / 197
Quartile3rd1st4th2nd2nd
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.
-0.35
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.
1.05
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.
0.29
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%.
11.13
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.
5.77
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.
-0.03
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.
0.73
Price movement
52 week high232.03
52 week low177.53
Current bid price230.68
Current offer price-
Current mid price-
Region
1UK83.24%
2USA13.14%
3Australia2.97%
4Money Market1.5%
5Not Specified-0.85%
Industry sector
1Financials31.26%
2Consumer Services17.46%
3Health Care11.34%
4Oil & Gas10.42%
5Technology8.5%
6Basic Materials8.35%
7Utilities7.12%
8Telecommunications2.81%
9Industrials2.09%
Asset type
1UK Equities83.28%
2US Equities13.27%
3Australian Equities2.81%
4Money Market1.73%
5Alternative Investment Strategies-1.08%
Individual holdings
1HSBC HLDGS6.28%
2BP5.76%
3GLAXOSMITHKLINE5.32%
4ROYAL BANK OF SCOTLAND GROUP PLC4.9%
5AVIVA4.88%
6ROYAL DUTCH SHELL4.65%
7BARCLAYS PLC4.44%
8CENTRICA PLC4.39%
9PEARSON3.83%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The Fund’s investment objective is to provide income with potential for capital growth primarily through investment in equity and equity related securities of UK companies. The Fund will also use derivative instruments to generate additional income. The Manager may selectively sell short dated call options over securities or portfolios of securities held by the Fund or indices, in order to generate additional income by setting target 'strike' prices at which those securities may be sold in the future.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Thomas See04/04/2008Thomas See, Head of Structured Fund Management, holds a BA Double First with Distinction and PhD in Engineering from Cambridge University. He has 22 years investment experience. His investment career commenced in 1988 upon joining Schroders within the Investment Banking division, working in structured investments, project financing, tax and property financing, until Schroders investment bank was sold to Citibank in 2000. He rejoined Schroder Investment Management in 2005 to build the open-ended structured funds business.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Schroder Income Maximiser 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 price204.85
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBEU0
Aviva Schroder Income Maximiser 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 price230.68
Offer price-
Mid price-
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBET9
Data provided by

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