Fact sheet: CM Newton Higher Income Pension

Fund information
Fund name
CM Newton Higher Income Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Christopher Metcalfesince 20/03/2014
Underlying fund
Newton UK Income
Fund objective
Increasing income and capital growth over the long-term by investing in shares (i.e. equities) and similar investments of companies listed or located in the UK.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.4%
1 Year rank in sector
208/225
Sector
PN UK Equity Income
Yield
-
Fund size
£15m (£16m 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.
93
Bid price
224.3
Offer price
236
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income45.3%
OMW IPLM&GGlLePn41.3%
FL Income Accumulation Pn33.1%
OMW IPLMaUkEqPn30.7%
L&G Schroder Income Pn30.1%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK81.9%
    USA5.6%
    Guernsey3.7%
    Netherlands3.6%
    Money Market2.3%
  • Consumer Goods18.4%
    Consumer Services17.6%
    Utilities12.3%
    Financials11.6%
    Oil & Gas9.1%
  • UK Equities81.9%
    Europe ex UK Equities8.4%
    North American Equities7.4%
    Money Market2.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%5.1%-1.9%12.4%23%57%
Sector1.9%6.2%5.7%19.4%20.4%61.6%
Rank within sector44 / 231196 / 231224 / 229208 / 22565 / 205148 / 193
Quartile1st4th4th4th2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund2.7%8.6%6.1%5.7%19%
Sector2.4%11.5%3.9%3.7%23.2%
Rank within sector69 / 231148 / 22579 / 22052 / 205172 / 197
Quartile2nd3rd2nd2nd4th
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.
1.97
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.
0.84
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.
0.44
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%.
9.64
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.
6.16
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.
0.12
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.
0.62
Price movement
52 week high235.2
52 week low198.2
Current bid price224.3
Current offer price236
Current mid price-
Region
1UK81.91%
2USA5.63%
3Guernsey3.67%
4Netherlands3.63%
5Money Market2.32%
6Bermuda1.74%
7Luxembourg1.1%
Industry sector
1Consumer Goods18.45%
2Consumer Services17.55%
3Utilities12.34%
4Financials11.56%
5Oil & Gas9.1%
6Technology8.54%
7Health Care8.43%
8Industrials6.98%
9Telecommunications4.73%
Asset type
1UK Equities81.91%
2Europe ex UK Equities8.4%
3North American Equities7.37%
4Money Market2.32%
Individual holdings
1DIAGEO6.4%
2RELX NV6.37%
3ROYAL DUTCH SHELL6.27%
4BRITISH AMERICAN TOBACCO5.34%
5NATIONAL EXPRESS GROUP4.22%
6NATIONAL GRID3.93%
7ASTRAZENECA PLC3.67%
8WOLTERS-KLUWER NV3.63%
9IMPERIAL BRANDS PLC3.44%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
Increasing income and capital growth over the long-term by investing in shares (i.e. equities) and similar investments of companies listed or located in the UK.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Christopher Metcalfe20/03/2014Christopher Metcalfe is Investment Leader, UK Equities as well as managing multi asset portfolios. He runs portfolios including the Newton UK Income Fund, Newton Growth and Income Fund for Charities, Newton UK Opportunities Fund and Newton Multi Asset Growth Fund. Christopher has been running UK Equity portfolios for thirty one years. He ran large pension fund portfolios at Henderson and Schroder for twenty years before joining Newton in 2006. He ran the best performing UK Equity Unit Trust in the IA UK All Companies sector in both 2007 and 2008 and was Investment Week Fund Manager of the Year in the Flexible sector 2015. He holds an MBA from the Manchester Business School. Christopher has been with Newton for 10 years.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
CM Newton Higher Income Pension
Initial charge-
Annual charge1.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price224.3
Offer price236
Mid price-
CurrencyGBX
Price updated22/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeYA15
CM Newton Higher Income Pension 4
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price190.4
Offer price200.4
Mid price-
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMABG
CM Newton Higher Income Pension 6
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price215.9
Offer price215.9
Mid price-
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMABH
Data provided by

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