Fact sheet: Clerical Medical Intl Gth Pn

Fund information
Fund name
Clerical Medical International Growth Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Quantitative Investment Teamsince 01/05/2013
No data available.
Fund objective
The fund invests via the Halifax International Growth OEIC Fund. The International Growth OEIC Fund aim is: To achieve long term capital growth by investing predominantly in a portfolio of companies which are part of the MSCI World Index or the MSCI Emerging Markets Index (the “Indices”). The Fund seeks to deliver performance, before deduction of management fees, in excess of a blended return of the Indices, with a similar level of overall volatility, over the long term. Of the two Indices, the fund will invest almost exclusively in companies that are part of the MSCI World Index. The Fund may only take limited positions away from these Indices. This means there are limitations on the extent to which the Fund’s investment in various sectors* may differ to the Index. These limited positions can be more than is held in the Index (overweight) or less than is held in the Index (underweight). * A sector is a business area, industry or economy which shares the same characteristics. Company shares are typically grouped into different sectors depending on the company’s business, for example travel and leisure or telecommunications.
Benchmark
  • FTSE World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
31.8%
1 Year rank in sector
312/984
Sector
PN Global Equities
Yield
-
Fund size
£82m (£70m 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
641.2
Offer price
674.9
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn53%
Baillie Gifford Lng Tm Gbl Gth Pn52.1%
Zurich BailGfrd LgTrmGblGth51.7%
Stan Life BGiff LgTmGlGtOEICPn50.6%
FL Baillie Giff LT Gbl Gth Pn47.5%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • North America56.8%
    Europe ex UK17.4%
    Global Emerging Markets8.2%
    Japan7.4%
    UK5.9%
  • Equities17.2%
    Financials15.2%
    Technology11.4%
    Consumer Goods10.7%
    Industrials10.6%
  • North American Equities56.7%
    Europe ex UK Equities14.9%
    Global Emerging Market Equities8.2%
    Japanese Equities7.4%
    UK Equities4.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%-0.9%6.9%31.8%45.9%98.7%
Sector1.9%1.3%8.7%28.8%43.1%93%
Rank within sector615 / 1035873 / 1031779 / 1014312 / 984370 / 850354 / 768
Quartile3rd4th4th2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.8%27.6%1.4%8.6%25.8%
Sector4.7%22.4%3.7%7.8%21.4%
Rank within sector792 / 1016231 / 938743 / 896314 / 827160 / 799
Quartile4th1st4th2nd1st
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.
-0.14
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.
1.08
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.
0.91
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%.
10.91
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.
2.31
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.
0.3
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 high661.2
52 week low484
Current bid price641.2
Current offer price674.9
Current mid price-
Region
1North America56.75%
2Europe ex UK17.42%
3Global Emerging Markets8.22%
4Japan7.43%
5UK5.94%
6Pacific ex-Japan4.23%
Industry sector
1Equities17.22%
2Financials15.15%
3Technology11.39%
4Consumer Goods10.68%
5Industrials10.63%
6Health Care10.03%
7Consumer Services8.6%
8Oil & Gas5.19%
9Basic Materials5.04%
Asset type
1North American Equities56.73%
2Europe ex UK Equities14.91%
3Global Emerging Market Equities8.21%
4Japanese Equities7.43%
5UK Equities4.62%
6Asia Pacific ex Japan Equities4.23%
7International Equities2.51%
8Futures0.95%
9Money Market0.4%
Individual holdings
1SCOTTISH WIDOWS UNIT TRUST MANAGERS EMERGING MARKETS CLS X ACC NAV7.24%
2ISHARES MSCI WORLD UCITS ETF INC USD2.51%
3ISHARES MSCI WORLD UCITS ETF INC USD2.51%
4APPLE INC2.27%
5CME S&P 500 EMINI JUN17 FUTURE (EXP 16/06/17)1.51%
6JOHNSON & JOHNSON1.15%
7MICROSOFT CORP1.01%
8JPMORGAN CHASE & CO0.95%
9GILEAD SCIENCES INC0.91%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
The fund invests via the Halifax International Growth OEIC Fund. The International Growth OEIC Fund aim is: To achieve long term capital growth by investing predominantly in a portfolio of companies which are part of the MSCI World Index or the MSCI Emerging Markets Index (the “Indices”). The Fund seeks to deliver performance, before deduction of management fees, in excess of a blended return of the Indices, with a similar level of overall volatility, over the long term. Of the two Indices, the fund will invest almost exclusively in companies that are part of the MSCI World Index. The Fund may only take limited positions away from these Indices. This means there are limitations on the extent to which the Fund’s investment in various sectors* may differ to the Index. These limited positions can be more than is held in the Index (overweight) or less than is held in the Index (underweight). * A sector is a business area, industry or economy which shares the same characteristics. Company shares are typically grouped into different sectors depending on the company’s business, for example travel and leisure or telecommunications.
Benchmark
  • FTSE World
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Quantitative Investment Team01/05/2013
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Clerical Medical International Growth 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 price641.2
Offer price674.9
Mid price-
CurrencyGBX
Price updated22/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeCZ31
Data provided by

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