Fact sheet: Clerical Medical Retirmnt Protn Pn

Fund information
Fund name
Clerical Medical Retirement Protection Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Alan Bridgessince 08/09/2014
  • Pan Euro Macro Teamsince 08/09/2014
No data available.
Fund objective
To broadly match the performance of those UK gilt edged stocks which influence market yields for pension annuity rates by investing totally in long-dated stocks.
Benchmark
  • FTSE British Gov Over 15 years Gilt Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
14%
1 Year rank in sector
92/118
Sector
PN Sterling Long Bonds
Yield
-
Fund size
£69m (£67m 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.
89
Bid price
403.6
Offer price
424.8
Top in this sector
Fund name1 Year
OMW IPL Aviva Lg Dtd Corp Bd Pn47.1%
Stan Life L&G Ov15Yr IL GltIdx Pn32.6%
Pru Sup Lg Idx Lkd Pn23.7%
M&G PP Super Long Index Linked Pn23.6%
L&G PMC Pre-RetimtInf Lkd Pn19.9%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%7.1%1.8%14%40.7%44.1%
Sector1.2%6.1%1.5%15.6%40%51.2%
Rank within sector92 / 12152 / 12063 / 12092 / 11860 / 10888 / 100
Quartile4th2nd3rd4th3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund1.9%17.2%-0.8%24.2%-6.8%
Sector2.2%17.7%0%21.3%-4.3%
Rank within sector99 / 12079 / 11874 / 11039 / 10591 / 101
Quartile4th3rd3rd2nd4th
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.
-1.63
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.
1.2
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.
0.67
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%.
13.74
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.
3.38
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.
0.13
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 high444.6
52 week low354
Current bid price403.6
Current offer price424.8
Current mid price-
Region
1UK100%
Industry sector
1Fixed Interest96.54%
2Index Linked3.47%
3Money Market-0.01%
Asset type
1UK Fixed Interest96.54%
2UK Index-Linked3.47%
3Money Market-0.01%
Individual holdings
1TREASURY 4.5% GILT 7/9/2034 GBP0.0113.94%
2TREASURY 4.75% GILT 07/12/38 GBP11.56%
3TREASURY 3.75% GILT 22/07/52 GBP0.0110.88%
4TREASURY 4.25% GILT 07/12/408.91%
5TREASURY 4% GILT 22/01/60 GBP0.017.9%
6TREASURY 4.5% GILT 7/12/42 GBP6.67%
7TREASURY 3.5% GILT 22/07/68 GBP0.015.58%
8TREASURY 1.5% GILT 22/07/47 GBP15.4%
9TREASURY 3.5% GILT 22/01/45 GBP5.33%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
To broadly match the performance of those UK gilt edged stocks which influence market yields for pension annuity rates by investing totally in long-dated stocks.
Benchmark
  • FTSE British Gov Over 15 years Gilt Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Alan Bridges08/09/2014Joined: Investment Industry in 1985 Main Responsibilities: Primarily involved in global and single currency international fund management with specific research responsibilities for Asian foreign exchange and bond markets.Experience & Qualifications: Alan joined Norwich Union Investment Management in 1999. Previously, he worked for Citibank Global Asset Management where he managed multi-currency and singlecurrency fixed income portfolios on behalf of UK, European, Far Eastern, and US clients. Prior to joining Citibank, he worked for Midland Montagu from 1985 to 1990 managing UK pension funds and unit trusts. Alan holds a degree in Economics and Politics from Oxford University.
Pan Euro Macro Team08/09/2014
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Clerical Medical Retirement Protection Pension
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price403.6
Offer price424.8
Mid price-
CurrencyGBX
Price updated27/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeCZ51
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.