Fact sheet: Clerical Medical Cautious Pension

Fund information
Fund name
Clerical Medical Cautious Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Matthew Daviessince 30/06/2013
  • Mark Henzellsince 30/09/2012
No data available.
Fund objective
The fund aims to achieve long-term capital growth by gaining exposure to UK equities, commericial property and fixed interest stocks. The fund will normally operate a broadly equal weighting between the equity and non-equity classes with flexibility to move over and under-weight positions in any asset class to meet market circumstances.
Benchmark
No data available.
Investment style
Cautious
Investment method
No data available.
Quick stats
1 Year return
5.7%
1 Year rank in sector
323/462
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£314m (£322m 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.
48
Bid price
332.8
Offer price
350.2
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn27.1%
AXA Wealth TEAMS cl Gvn ptfl VPn19.3%
AXA Wealth TEAMS cl Gvn ptfl IVPn18.4%
FL Investec Caut Mgd Pn16.6%
AXA Wealth TEAMS cl Gvn ptfl IIIPn16.3%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities50.7%
    Fixed Interest26.7%
    Money Market13%
    Property9.5%
    Futures0%
  • UK Equities50.7%
    UK Fixed Interest26.7%
    Money Market13%
    Property9.5%
    Futures0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-1.4%5.2%5.7%14.1%37.3%
Sector-1.9%-1.6%6.6%8.2%17.2%39.9%
Rank within sector163 / 529269 / 529348 / 517323 / 462224 / 397215 / 339
Quartile2nd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.8%1.4%4.7%10.3%8.7%
Sector8.9%1.3%6%8.3%9.4%
Rank within sector293 / 463202 / 425233 / 399150 / 381219 / 339
Quartile3rd2nd3rd2nd3rd
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.
-1.25
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.
0.22
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%.
5.81
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.
2.01
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.
-0.48
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.
0.88
Price movement
52 week high343.4
52 week low294.6
Current bid price332.8
Current offer price350.2
Current mid price-
Region
No data available.
Industry sector
1Equities50.72%
2Fixed Interest26.71%
3Money Market13.02%
4Property9.54%
5Futures0.02%
Asset type
1UK Equities50.72%
2UK Fixed Interest26.71%
3Money Market13.02%
4Property9.54%
5Futures0.02%
Individual holdings
1HALIFAX UK GROWTH I25.23%
2SCOTTISH WIDOWS UK ALL SHARE TRACKER X ACC22.94%
3SCOTTISH WIDOWS CORPORATE BOND W20.22%
4ABERDEEN GLOBAL LIQUIDITY (LUX) STERLING K313.02%
5SCOTTISH WIDOWS POOLED PROPERTY ACS Y ACC9.54%
6SCOTTISH WIDOWS GILT W6.49%
7SCOTTISH WIDOWS FUNDAMENTAL INDEX UK EQUITY X2.54%
8CBT US 10YR NOTE DEC16 FUTURE (EXP 20/12/16)0.54%
9GBP LIABILITY0.49%
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 to UK equities, commericial property and fixed interest stocks. The fund will normally operate a broadly equal weighting between the equity and non-equity classes with flexibility to move over and under-weight positions in any asset class to meet market circumstances.
Benchmark
No data available.
Investment style
Cautious
Investment method
No data available.
Fund managers
NameSinceBiography
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.
Mark Henzell30/09/2012Mark 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Clerical Medical Cautious Pension
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price332.8
Offer price350.2
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeC312
Data provided by

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