Fact sheet: Clerical Medical Corp Bond Pn

Fund information
Fund name
Clerical Medical Corporate Bond Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Roger Webbsince 30/11/2009
  • Pan European Credit Teamsince 08/09/2014
No data available.
Fund objective
The aim of the fund is to provide an above average income from a diversified portfolio of interest bearing securities
Benchmark
  • Income Target
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
9.8%
1 Year rank in sector
78/259
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£10m (£10m 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.
35
Bid price
172.8
Offer price
181.8
Top in this sector
Fund name1 Year
OMW IPL L&G AAA CrpBdOv15YIx Pn15.1%
BlackRock DC AqOv 15 YCrp BdIx HP14.8%
AEGON Long Core Plus Pn14.5%
AEGON UK Long Corporate Bond Pn14.4%
FL TEActv Bln Bd IE13.7%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • No data available.
  • BBB47.4%
    A23.5%
    Non-Rated13.2%
    BB8.5%
    AAA3.8%
  • UK Fixed Interest58.6%
    Global Fixed Interest36.8%
    Money Market4.5%
    Futures0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%2.2%5.6%9.8%19.2%38.2%
Sector0.8%2.2%5.2%9%19.9%38.2%
Rank within sector65 / 26399 / 26287 / 26078 / 259131 / 230111 / 215
Quartile1st2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.5%9.2%0.4%9.3%2.1%
Sector3.1%9.4%0.2%10.5%1%
Rank within sector75 / 260135 / 256125 / 242167 / 23072 / 221
Quartile2nd3rd3rd3rd2nd
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.
-0.19
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.
0.99
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.
0.45
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%.
5.51
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.
1.2
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.
-0.2
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.
0.95
Price movement
52 week high173.8
52 week low157.4
Current bid price172.8
Current offer price181.8
Current mid price-
Region
No data available.
Industry sector
1BBB47.41%
2A23.54%
3Non-Rated13.21%
4BB8.5%
5AAA3.84%
6AA3.5%
Asset type
1UK Fixed Interest58.57%
2Global Fixed Interest36.81%
3Money Market4.51%
4Futures0.11%
Individual holdings
1ICE LONG GILT JUN17 FUTURE (EXP 28/06/17)6.07%
2ABERDEEN GLOBAL LIQUIDITY (LUX) STERLING Z34.55%
3HSBC HLDGS CALL SUB 6.375%/FLTG RT NTS 18/10/22 GBP1.6%
4HSBC CAP FUNDING(STERLING 1)LP 5.844% EUR MED TRM NTS PERP GBP10001.35%
5BHP BILLITON FINANCE 3.25% BDS 25/09/24 GBP10001.31%
6RWE FINANCE BV 6.5% EUR MED TM NTS 20/4/2021 GBP10001.22%
7FIRSTGROUP 8.750% BDS 08/04/21 GBP500001.21%
8LLOYDS BANK PLC 6.5% NTS 17/09/40 GBP10001.17%
9ABN AMRO BANK NV 2.875% BDS 18/01/28 EUR1000001.09%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
The aim of the fund is to provide an above average income from a diversified portfolio of interest bearing securities
Benchmark
  • Income Target
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Roger Webb30/11/2009He joined in Investment Industry in 1992. His Main Responsibilities is Managing a number of funds for insurance, pension and unit trust clients. Roger manages a variety of corporate bond funds. Roger joined the fixed income team in January 1996 after spending four years in bond fund management with Norwich Union's Spanish operation, Plus Ultra, where he was responsible for both credit and government bond funds. On his return to the UK he spent 12 months managing gilt portfolios before moving to the corporate bond team in 1997. His earlier experience included working in Norwich Union Investment Management Ltd's venture capital operation. Roger has successfully completed the associate examinations of the UKSIP.Roger has been with Swip since November 2009.
Pan European Credit Team08/09/2014
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Clerical Medical Corporate Bond Pension
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price172.8
Offer price181.8
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDNM3
Data provided by

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