Fact sheet: Clerical Medical Evergreen Pension

Fund information
Fund name
Clerical Medical Evergreen Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Pan European Equity Teamsince 31/03/2014
  • Jeremy Whitleysince 31/03/2014
No data available.
Fund objective
To achieve capital growth by investing in an international portfolio of companies whose activities are considered ethical, both in terms of their primary activities as well as in the means of achieving them. These companies are selected according to broad range of negative ethical screening criteria. ‘Negative screening’ means using a fund’s agreed screening criteria to exclude undesirable investments, such as shares in companies which sell weapons or tobacco.
Benchmark
  • MSCI World TR USD
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
36.8%
1 Year rank in sector
236/983
Sector
PN Global Equities
Yield
-
Fund size
£22m (£17m 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
433.2
Offer price
455.9
Top in this sector
Fund name1 Year
SIP FOUR Act Gbl Inc & Gth Pn51.5%
RLP Dimensional Gbl Targeted Val Pn49.9%
Aegon Hend GlblTecPn47.3%
NFU Mutual Mgd Plan Intl Pn46%
FL Baillie Giff LT Gbl Gth Pn45.9%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • UK91.4%
    Europe ex UK8.6%
  • Equities27.9%
    Industrials22.5%
    Financials15.4%
    Consumer Services12.5%
    Consumer Goods7.6%
  • UK Equities89.7%
    Europe ex UK Equities8.6%
    Money Market1.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%6.4%9.8%36.8%37.7%82.6%
Sector2.6%7.2%10.1%31.2%42.7%76%
Rank within sector945 / 1056822 / 1039623 / 1028236 / 983547 / 854333 / 768
Quartile4th4th3rd1st3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund4.5%31.3%-9.5%11.4%23.9%
Sector3.8%22.4%3.7%7.8%21.4%
Rank within sector256 / 104169 / 958906 / 916166 / 845275 / 819
Quartile1st1st4th1st2nd
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.
-1.7
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.
1.1
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.
0.68
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%.
12.05
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.
5.06
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.
-0.14
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.
0.83
Price movement
52 week high437.1
52 week low315
Current bid price433.2
Current offer price455.9
Current mid price-
Region
1UK91.41%
2Europe ex UK8.59%
Industry sector
1Equities27.9%
2Industrials22.51%
3Financials15.44%
4Consumer Services12.54%
5Consumer Goods7.64%
6Basic Materials4.84%
7Health Care4.6%
8Utilities2.8%
9Money Market1.73%
Asset type
1UK Equities89.68%
2Europe ex UK Equities8.59%
3Money Market1.73%
Individual holdings
1PRUDENTIAL PLC4.72%
2COMPASS GROUP4.6%
3MELROSE INDUSTRIES PLC4.03%
4EXPERIAN PLC4%
5SAGE GROUP3.52%
6AVEVA GROUP3.41%
7RPC GROUP3.34%
8PZ CUSSONS3.31%
9STANDARD CHARTERED3.24%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
To achieve capital growth by investing in an international portfolio of companies whose activities are considered ethical, both in terms of their primary activities as well as in the means of achieving them. These companies are selected according to broad range of negative ethical screening criteria. ‘Negative screening’ means using a fund’s agreed screening criteria to exclude undesirable investments, such as shares in companies which sell weapons or tobacco.
Benchmark
  • MSCI World TR USD
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Pan European Equity Team31/03/2014
Jeremy Whitley31/03/2014Jeremy was appointed Head of UK and European Equities in July 2009. Previous roles at Aberdeen include Senior Investment Manager on the Global Equity Team as well as the Asian Equities Team based in Singapore. Jeremy graduated with an MA (Joint Hons) in English and Art History from the University of St Andrews and an MBA from the University of Edinburgh.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Clerical Medical Evergreen Pension
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price433.2
Offer price455.9
Mid price-
CurrencyGBX
Price updated23/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeCZ39
Data provided by

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