Fact sheet: Aviva SchrdrErpnEqtyAbsltRtnPn

Fund information
Fund name
Aviva Schroder European Equity Absolute Return Pn S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Steve Cordellsince 01/06/2011
Underlying fund
Schroder EurpEqtyAbsRet
Fund objective
To achieve an absolute return by investing in equity and equity related securities of European companies. It seeks to provide a positive return over rolling 12 month periods in all market conditions, but this cannot be guaranteed and your capital is at risk. It invests at least 80% in equity related securities of medium and large sized European companies. It may use derivatives to achieve investment gains, reduce risk or manage the fund more efficiently. Derivative contracts have the potential to significantly increase the Fund’s risk profile.
Benchmark
  • FTSE All Share TR
Investment style
Absolute Return,Growth
Investment method
Shares
Quick stats
1 Year return
-0.1%
1 Year rank in sector
489/530
Sector
PN Specialist
Yield
-
Fund size
£3m (£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.
33
Bid price
124.24
Top in this sector
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OMW Neptune Rus + Grtr Rus47.1%
ReAssure AL NptRu&GtrRus Pn46.6%
L&G Nep Russia&Gtr Russia Pn46.4%
...more in PN Specialist

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%0.6%1.1%-0.1%1.6%15.4%
Sector0.4%3%3.9%13.5%24.2%41.9%
Rank within sector276 / 559435 / 555375 / 550489 / 530352 / 397255 / 334
Quartile2nd4th3rd4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund0.9%-2.1%6.4%-3.3%10.8%
Sector2.5%11.6%2%7.2%11%
Rank within sector407 / 555476 / 51972 / 455376 / 393142 / 365
Quartile3rd4th1st4th2nd
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.
-0.18
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.
0.04
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%.
3.78
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.
6.82
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.
-0.98
Price movement
52 week high125.59
52 week low120.4
Current bid price124.24
Current offer price-
Current mid price-
Region
No data available.
Industry sector
1Financials11.46%
2Industrials9.88%
3Technology9.22%
4Basic Materials7.39%
5Oil & Gas6.43%
6Telecommunications6.1%
7Consumer Goods3.71%
8Utilities2.36%
9Consumer Services1.93%
Asset type
No data available.
Individual holdings
1MICRO FOCUS INTERNATIONAL4.5%
2ST MICROELECTRONICS3.49%
3IMERYS SA2.73%
4ALLIANZ SE2.4%
5SEVERN TRENT PLC2.36%
6NEXITY2.29%
7BAYER AG2.21%
8ORANGE SA2.13%
9ROYAL DUTCH SHELL2.11%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
To achieve an absolute return by investing in equity and equity related securities of European companies. It seeks to provide a positive return over rolling 12 month periods in all market conditions, but this cannot be guaranteed and your capital is at risk. It invests at least 80% in equity related securities of medium and large sized European companies. It may use derivatives to achieve investment gains, reduce risk or manage the fund more efficiently. Derivative contracts have the potential to significantly increase the Fund’s risk profile.
Benchmark
  • FTSE All Share TR
Investment style
Absolute Return,Growth
Investment method
Shares
Fund managers
NameSinceBiography
Steve Cordell01/06/2011Steve Cordell, Fund Manager, Steve moved across to Schroders as part of the takeover of Cazenove Capital in July 2013. Originally joined Cazenove in 2002. He is the manager of Schroder European Opportunities Fund, Schroder ISF European Opportunities, Schroder ISF European Equity ex. UK, Schroder ISF European Equity Absolute Return and Schroder UK Absolute Target. Steve joined from HSBC Asset Management (Europe) Ltd where he was responsible for the multi award-winning AA-rated HGIF Pan European fund and several other retail and institutional Pan-European portfolios. Graduated from Trinity College, Oxford with a First Class (Hons) in Modern Languages. 20 years of investment experience.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Schroder European Equity Absolute Return 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 price114.38
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH7W6
Aviva Schroder European Equity Absolute Return Pn S14
Initial charge-
Annual charge0.5%
Min single investment£1
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.65%
Bid price111.72
Offer price-
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGS0K
Aviva Schroder European Equity Absolute Return 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 price124.24
Offer price-
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeH7W5
Data provided by

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