Fact sheet: Aviva Sch Strategic Bd Pn

Fund information
Fund name
Aviva Schroder Absolute Return Bond Pn S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Bob Jollysince 01/03/2012
Underlying fund
Schroder Absolute Rtn Bd
Fund objective
The Fund's investment objective is to achieve a positive return over rolling 12 month periods, in all market conditions. The Manager will seek to achieve positive returns in all market conditions, but there is no guarantee that this objective will be achieved and your capital is at risk. To achieve the investment objective, the Fund will invest primarily in a portfolio of bonds and other fixed and floating rate securities denominated in various currencies issued by governments, government agencies, supra-national and corporate issuers worldwide. The full spectrum of available securities, including non-investment grade, may be utilised. In addition foreign currency strategies may also be employed. Investment will be primarily in directly held transferable securities. The Fund may also invest in collective investment schemes, derivatives, cash, deposits, warrants and money market instruments.
Benchmark
  • GBP 3 month Libor
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
5.4%
1 Year rank in sector
392/530
Sector
PN Specialist
Yield
-
Fund size
£2m (£3m 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.
27
Bid price
139.9
Top in this sector
Fund name1 Year
SIP Sanlam Gbl Fin Pn52.5%
OMW Neptune Rus + Grtr Rus50.3%
ReAssure AL NptRu&GtrRus Pn50.1%
FL AXA Framlington Gbl Tech AP50%
SIP Fidelity Gbl Technology Pn49.9%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • USA50.7%
    UK11.9%
    International5.5%
    Sweden4.8%
    Germany3.3%
  • Government Bonds29.8%
    Financials25.1%
    Industrials16.5%
    Asset/Mortgage-Backed Securities11.4%
    Fixed Interest5.5%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%0.3%2.1%5.4%4%12.8%
Sector0.2%2.6%4%14%24.5%41.7%
Rank within sector174 / 559446 / 555316 / 550392 / 530343 / 398270 / 334
Quartile2nd4th3rd3rd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund0.3%4.6%-2.9%3.7%2.4%
Sector2.5%11.6%2%7.2%11%
Rank within sector446 / 555367 / 519410 / 455290 / 393281 / 365
Quartile4th3rd4th3rd4th
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.
0.97
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.
0.07
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
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%.
3.17
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.
6.28
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.
-0.86
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.
0.02
Price movement
52 week high141.74
52 week low132.49
Current bid price139.9
Current offer price-
Current mid price-
Region
1USA50.7%
2UK11.94%
3International5.55%
4Sweden4.8%
5Germany3.34%
6Ireland3.27%
7Canada2.95%
8Mexico2.8%
9France1.84%
Industry sector
1Government Bonds29.75%
2Financials25.15%
3Industrials16.52%
4Asset/Mortgage-Backed Securities11.36%
5Fixed Interest5.55%
6Government Agency Bonds5.48%
7Money Market5.13%
8Local Government Bonds1.94%
9Mortgage & Secured Bonds0.94%
Asset type
No data available.
Individual holdings
1UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD10022.03%
2SVENSK EXPORTKREDIT AKTIEBOLAGET 1.25% MTN 12/04/19 USD10002.7%
3AFRICAN DEVELOPMENT BANK 1% MTN 15/05/19 USD10002.33%
4ELEMENT RAIL LEASING II2.23%
5TREASURY 1.25% IDX-LKD GILT 22/11/55 GBP0.012.21%
6JPMORGAN CHASE & CO FRN 22/03/19 USD10002.11%
7WELLS FARGO BANK NA 2.15% BDS 06/12/19 USD2500001.88%
8SCHRODER ISF EMERGING MARKET BOND I ACC NAV USD1.84%
9ECAF I1.75%
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 achieve a positive return over rolling 12 month periods, in all market conditions. The Manager will seek to achieve positive returns in all market conditions, but there is no guarantee that this objective will be achieved and your capital is at risk. To achieve the investment objective, the Fund will invest primarily in a portfolio of bonds and other fixed and floating rate securities denominated in various currencies issued by governments, government agencies, supra-national and corporate issuers worldwide. The full spectrum of available securities, including non-investment grade, may be utilised. In addition foreign currency strategies may also be employed. Investment will be primarily in directly held transferable securities. The Fund may also invest in collective investment schemes, derivatives, cash, deposits, warrants and money market instruments.
Benchmark
  • GBP 3 month Libor
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Bob Jolly01/03/2012Bob Jolly is a veteran portfolio manager and head of global macro strategy at Schroders having joined the company in 2011. Previously he worked as head of currency, UK fixed income and global sovereign portfolio management at UBS Global Asset Management. Prior to UBS, Bob spent over two decades at Gartmore Investment Management becoming head of UK, global and structured fixed income portfolio construction.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Schroder Absolute Return 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 price124.6
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDTH0
Aviva Schroder Absolute Return 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 price139.9
Offer price-
Mid price-
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDTG9
Data provided by

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