Fact sheet: Aviva UK Index Tracking Pn

Fund information
Fund name
Aviva UK Index Tracking Pn (CGU)
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund manager
  • Russell Harrissince 30/06/2000
No data available.
Fund objective
To track the total return of the FTSE 100 Index through investment in the shares that make up the Index.
Benchmark
  • FTSE 100
Investment style
Passive/Tracking
Investment method
Indices
Quick stats
1 Year return
10.4%
1 Year rank in sector
222/845
Sector
PN UK All Companies
Yield
-
Fund size
£509m (£482m 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.
98
Bid price
687.6
Offer price
723.7
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn45.6%
Fidelity UBS UK Select Pn27.9%
Halifax IM UK Growth Pn27.6%
CM UBS UK Opportunities Pension27.4%
SW UBS UK Opps Pn26.9%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK89.5%
    Others6%
    Europe2.7%
    Money Market1.8%
  • Financials24.2%
    Consumer Goods14.9%
    Oil & Gas12.3%
    Consumer Services11.3%
    Industrials10.4%
  • UK Equities89.5%
    Others4%
    International Equities2.8%
    Property1.9%
    Cash & Cash Equivalents1.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%-0.4%8.5%10.4%15.4%43.1%
Sector1.8%-0.5%6.2%6.6%15.6%58.1%
Rank within sector466 / 867377 / 864285 / 863222 / 845382 / 807656 / 758
Quartile3rd2nd2nd2nd2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund9.7%1.2%0.5%16.8%9.8%
Sector6.1%4.4%0.6%24.2%15.4%
Rank within sector256 / 845561 / 833393 / 808731 / 787635 / 760
Quartile2nd3rd2nd4th4th
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.
-0.3
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.
1.04
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.
0.06
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%.
10.68
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.
3.62
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.
-0.06
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.
0.89
Price movement
52 week high713.3
52 week low553.4
Current bid price687.6
Current offer price723.7
Current mid price-
Region
1UK89.5%
2Others6%
3Europe2.7%
4Money Market1.8%
Industry sector
1Financials24.2%
2Consumer Goods14.9%
3Oil & Gas12.3%
4Consumer Services11.3%
5Industrials10.4%
6Health Care9.4%
7Basic Materials6.6%
8Telecommunications4.4%
9Utilities3.8%
Asset type
1UK Equities89.5%
2Others4%
3International Equities2.8%
4Property1.9%
5Cash & Cash Equivalents1.8%
Individual holdings
1HSBC HLDGS5.5%
2BP4.1%
3BRITISH AMERICAN TOBACCO4%
4ROYAL DUTCH SHELL4%
5GLAXOSMITHKLINE3.6%
6ROYAL DUTCH SHELL3.6%
7VODAFONE GROUP2.7%
8ASTRAZENECA PLC2.6%
9DIAGEO2.5%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
To track the total return of the FTSE 100 Index through investment in the shares that make up the Index.
Benchmark
  • FTSE 100
Investment style
Passive/Tracking
Investment method
Indices
Fund manager
NameSinceBiography
Russell Harris30/06/2000Russell joined Investment Industry in 1984. His main Responsibilities are to deal with Index funds and futures execution. He began his career with the firm (as Norwich Union) in 1984, starting in Investment Technology and progressing into Investment Marketing, UK Equities and Quantitative Investment. He holds a BA (Hons) in Economics from Heriot Watt University.
Compliance
FE Passive Rateable
Domicile
No data available.
Fund for sale in
United Kingdom
Aviva UK Index Tracking Pn (CGU)
Initial charge-
Annual charge0.63%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price687.6
Offer price723.7
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeCC27
Aviva UK Index Tracking Pn (GA) S1
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price642.8
Offer price676.5
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeGQ29
Aviva UK Index Tracking Pn YP (CGU)
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price765.8
Offer price-
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeCD47
Data provided by

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