Fact sheet: Clerical Medical Balanced Pension

Fund information
Fund name
Clerical Medical Balanced Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Mark Henzellsince 30/06/2013
  • Matthew Daviessince 30/06/2013
No data available.
Fund objective
The fund aims to achieve long-term capital growth by gaining exposure predominantly to UK and overseas equities with flexibility to gain a minority exposure to commercial property and fixed interest stocks.
Benchmark
No data available.
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
23.3%
1 Year rank in sector
336/810
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£3,113m (£2,980m 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.
69
Bid price
1006.1
Offer price
1059
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn40.7%
Scot Eq Sequel Adventurous Pn39.1%
Scot Eq Sequel Adven Jrny Pn39%
Scot Eq Caerus Pfl DRP 4 Pn36.7%
FL My Ftr Advantage Gth Pn36.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK79.4%
    North America10.5%
    Europe ex UK4.8%
    Japan2.5%
    Global Emerging Markets2.4%
  • Equities74.9%
    Fixed Interest12.9%
    Money Market7.1%
    Property4.8%
    Futures0.2%
  • UK Equities50.9%
    UK Fixed Interest12.9%
    North American Equities10.3%
    Money Market7.1%
    Global Emerging Market Equities5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.5%3.3%10%23.3%24.4%58.6%
Sector3.4%2.5%7.9%20.6%24.3%53.2%
Rank within sector507 / 915233 / 912282 / 895336 / 810362 / 699223 / 601
Quartile3rd2nd2nd2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.1%15.5%2%4.8%16.2%
Sector1.8%14.3%2.2%5.7%13.1%
Rank within sector485 / 913396 / 801399 / 754393 / 694160 / 663
Quartile3rd2nd3rd3rd1st
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.
-0.59
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.
1.09
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.
0.47
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%.
8.07
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.
1.77
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.
0.02
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.
0.96
Price movement
52 week high1002.8
52 week low782.2
Current bid price1006.1
Current offer price1059
Current mid price-
Region
1UK79.43%
2North America10.51%
3Europe ex UK4.78%
4Japan2.51%
5Global Emerging Markets2.38%
6Pacific ex-Japan0.39%
Industry sector
1Equities74.94%
2Fixed Interest12.94%
3Money Market7.1%
4Property4.81%
5Futures0.22%
Asset type
1UK Equities50.88%
2UK Fixed Interest12.94%
3North American Equities10.3%
4Money Market7.1%
5Global Emerging Market Equities4.98%
6Property4.81%
7Europe ex UK Equities4.79%
8Japanese Equities2.5%
9International Equities1.1%
Individual holdings
1HIFM UK GROWTH INST INC27.3%
2SCOTTISH WIDOWS UK ALL SHARE TRACKER X ACC20.7%
3SCOTTISH WIDOWS CORPORATE BOND W9.91%
4ABERDEEN GLOBAL LIQUIDITY (LUX) STERLING K37.05%
5HIFM NORTH AMERICAN INST INC5.5%
6SCOTTISH WIDOWS POOLED PROPERTY ACS Y ACC4.81%
7SCOTTISH WIDOWS US EQUITY X4.8%
8SCOTTISH WIDOWS GILT W3.03%
9SCOTTISH WIDOWS FUNDAMENTAL INDEX UK EQUITY X2.88%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
The fund aims to achieve long-term capital growth by gaining exposure predominantly to UK and overseas equities with flexibility to gain a minority exposure to commercial property and fixed interest stocks.
Benchmark
No data available.
Investment style
Balanced
Investment method
No data available.
Fund managers
NameSinceBiography
Mark Henzell30/06/2013Mark is a member of the Multi-Asset Funds team. In addition, the team also run several multi-asset fund-of-fund portfolios, which include the Lloyds TSB mass market retail fund range. More recently Mark has been involved with the new wealth management business. Mark joined the group in 1996, initially as a desk dealer on the Far East and Japanese desks, before moving onto the global strategy team. He joined the balanced funds team in 2002.Previously, Mark worked at Baring Asset Management in London, initially on the graduate training programme, covering both Private Client Investments and Fixed Income securities. Mark has also spent time with Kleinwort Benson Securities with experience in the Eurobond and money markets.Mark holds a BSc (Hons) in Economics from Buckingham University, and an MPhil in Management, Economics and Politics from St Andrews University.
Matthew Davies30/06/2013Matthew Davies manages the Fund. Matthew joined SWIP in October 2006 and has 11 years' investment management experience, 7 of which have been gained at SWIP.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Clerical Medical Balanced Pension
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price1006.1
Offer price1059
Mid price-
CurrencyGBX
Price updated16/01/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeCZ27
Clerical Medical Balanced 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 price160.3
Offer price168.7
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMAAW
Clerical Medical Balanced 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 price176.5
Offer price176.5
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMAAX
Data provided by

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