Fact sheet: Aviva Strategic Bond Pn

Fund information
Fund name
Aviva Strategic Bond Pn S6
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Christopher Highamsince 24/11/2008
Underlying fund
Aviva Inv Strategic Bond
Fund objective
The Fund aims to provide a high return which is likely to be a combination of capital growth and income.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
5%
1 Year rank in sector
57/168
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£24m (£19m 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.
24
Bid price
232.68
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc8.2%
AXA Wealth AXA Fram Mgd Inc Pn8.2%
Canlife AXA Fram Mgd Inc Pn8.1%
FL Artemis Stra Bd AP7.6%
FL Artemis Strategic Bond Pn7.3%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK45.1%
    Europe23.7%
    North America21.1%
    Money Market6.3%
    Central & S America1.3%
  • BBB33.3%
    BB17.4%
    AA12.7%
    AAA12.7%
    B6.5%
  • Global Fixed Interest47.8%
    UK Corporate Fixed Interest32.7%
    UK Gilts12.4%
    Cash & Cash Equivalents6.3%
    Others0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%-1.8%2.8%5%18.2%54%
Sector-0.9%-1.7%2.7%4.3%12.3%39.6%
Rank within sector52 / 172105 / 17270 / 17257 / 16816 / 15520 / 143
Quartile2nd3rd2nd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund6.5%2.5%7.7%7.6%19.4%
Sector5.3%0.7%5.6%5.9%15.8%
Rank within sector41 / 16830 / 16327 / 15559 / 15142 / 143
Quartile1st1st1st2nd2nd
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.
1.49
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.
0.65
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%.
3.5
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.
0.91
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.
1.87
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 high237.11
52 week low213.13
Current bid price232.68
Current offer price-
Current mid price-
Region
1UK45.1%
2Europe23.7%
3North America21.1%
4Money Market6.3%
5Central & S America1.3%
6Australasia0.9%
7Others0.8%
8Asia0.6%
9Middle East/ Africa0.2%
Industry sector
1BBB33.3%
2BB17.4%
3AA12.7%
4AAA12.7%
5B6.5%
6Money Market6.3%
7CCC+5.8%
8Non-Rated2.4%
9A2.1%
Asset type
1Global Fixed Interest47.8%
2UK Corporate Fixed Interest32.7%
3UK Gilts12.4%
4Cash & Cash Equivalents6.3%
5Others0.8%
Individual holdings
1TREASURY 1% GILT 07/09/17 GBP0.014.7%
2UNITED STATES OF AMERICA NOTES FIXED .375%3.7%
3UNITED STATES OF AMERICA NOTES FIXED .625%3.7%
4UNITED STATES OF AMERICA NOTES FIXED .75%3.4%
5TREASURY 5% GILT 07/03/18 GBP3.2%
6TREASURY 3.75% GILT 07/09/21 GBP2.7%
7ENEL SPA 8.75% BDS 24/09/73 USD10002%
8UNITED STATES OF AMER TREAS BONDS 1% BDS 15/02/46 USD1001.9%
9VIRGIN MEDIA SECURED FINANCE PLC CALLABLE NOTES1.9%
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 high return which is likely to be a combination of capital growth and income.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Christopher Higham24/11/2008Chris joined Norwich Union Investment Management as a graduate trainee in 1999, working initially as part of the UK Gilt team. He holds a BA (Hons) in Economics from Durham University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva Strategic 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 price216.9
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDTF8
Aviva Strategic Bond Pn S14
Initial charge-
Annual charge0.3%
Min single investment£1
Min regular saving£1
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.35%
Bid price126.84
Offer price-
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGS2X
Aviva Strategic 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 price232.68
Offer price-
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDTF7
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.