Fact sheet: Aviva Schroder Epn Opps Pn

Fund information
Fund name
Aviva Schroder European Opportunities Pn S14
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Chris Ricesince 06/04/2008
Underlying fund
Schroder Eurpn Opps
Fund objective
The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of large and medium-sized European companies, excluding the UK. The fund has no bias to any particular industry. The fund follows an investment approach based around the business cycle, where the managers attempt to identify turning points in the cycle and then focus on the types of companies they believe will benefit from it. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • FTSE World Europe EX UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
4.9%
1 Year rank in sector
321/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£8m (£8m 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
155.16
Top in this sector
Fund name1 Year
Guardian Choices European Pn24.5%
OMW Old Mut Euro (ex UK) Sm Cos23%
Zurich Nept EuroOppsPn21.9%
Scot Eq Neptune Eur Opps Pn21.7%
RLP EurSpl(NeptuneEurpOpp)Pn20.8%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France24.7%
    Switzerland18.6%
    Germany14.1%
    Netherlands11%
    Sweden7.8%
  • Financials23.6%
    Industrials18.6%
    Consumer Goods17%
    Health Care12%
    Oil & Gas8.2%
  • French Equities24.7%
    Swiss Equities18.6%
    German Equities14.1%
    Dutch Equities11%
    Swedish Equities7.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.3%-1.8%5.1%4.9%17.6%-
Sector-2.8%-1.7%7.1%9.8%22.7%71.6%
Rank within sector226 / 369177 / 369266 / 368321 / 359275 / 340-
Quartile3rd2nd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund3.3%10%-1.4%32.8%-
Sector8%9.4%-0.2%25.6%19.2%
Rank within sector323 / 359124 / 353244 / 34143 / 329-
Quartile4th2nd3rd1st
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.
-1.78
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.
1.03
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.
0.1
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%.
11.88
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.
3.21
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.
-0.52
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.
0.93
Price movement
52 week high167.59
52 week low129.76
Current bid price155.16
Current offer price-
Current mid price-
Region
1France24.7%
2Switzerland18.59%
3Germany14.09%
4Netherlands11.01%
5Sweden7.81%
6Italy6.11%
7Denmark4.06%
8Spain3.62%
9Belgium3.46%
Industry sector
1Financials23.6%
2Industrials18.55%
3Consumer Goods17.01%
4Health Care11.96%
5Oil & Gas8.18%
6Telecommunications5.86%
7Consumer Services5.1%
8Utilities3.92%
9Money Market3.08%
Asset type
1French Equities24.7%
2Swiss Equities18.59%
3German Equities14.09%
4Dutch Equities11.01%
5Swedish Equities7.81%
6Italian Equities6.11%
7Danish Equities4.06%
8Spanish Equities3.62%
9Belgian Equities3.46%
Individual holdings
1NOVARTIS AG5.47%
2TOTAL SA5.22%
3NESTLE SA4.59%
4LEGRAND PROMESSE3.09%
5ROCHE HLDG AG2.97%
6SWEDISH MATCH AB2.82%
7EUROFINS SCIENTIFIC2.69%
8SVENSKA CELLULOSA AB-SCA2.69%
9DEUTSCHE TELEKOM AG2.61%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of large and medium-sized European companies, excluding the UK. The fund has no bias to any particular industry. The fund follows an investment approach based around the business cycle, where the managers attempt to identify turning points in the cycle and then focus on the types of companies they believe will benefit from it. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • FTSE World Europe EX UK
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Chris Rice06/04/2008Chris Rice was head of pan-European equities at Cazenove Capital Management from 2011 to 2013, prior to which he was head of European equities from 2002 to 2011. He joined Cazenove from HSBC Asset Management (Europe) Ltd where he held a similar position between 1997 and 2002, responsible for their retail and institutional pan-European and European equity funds. Prior to HSBC, he was a Japanese and European fund manager at Scottish Amicable Investment Managers. Chris graduated from the University of Salford with First Class Honours in Finance and Accounting as well as a MPhil in Monetary Economics from the University of Glasgow and he is IIMR qualified. The Cazenove European Absolute Return Fund managed by Chris was shortlisted for European hedge fund of the year in 2008. His Cazenove European Fund achieved a AAA rating from Standard & Poor's.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Schroder European Opportunities 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 price159.66
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBEL0
Aviva Schroder European Opportunities Pn S14
Initial charge-
Annual charge0.75%
Min single investment£1
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.85%
Bid price155.16
Offer price-
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGS0J
Aviva Schroder European Opportunities 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 price178.5
Offer price-
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBEK9
Data provided by

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