Fact sheet: Clerical Medical Target Rtn Pension

Fund information
Fund name
Clerical Medical Target Return Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Multi - Asset Groupsince 01/12/2008
No data available.
Fund objective
The Fund aims to deliver positive returns on an annual basis with the prospect of long-term capital growth commensurate with returns from equities but with a lower volatility. Investment in the fund is at risk. There is no guarantee that the fund will deliver positive returns over the specific, or any, time period.
Benchmark
  • LIBID GBP 3 month
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
0.7%
1 Year rank in sector
418/514
Sector
PN Specialist
Yield
-
Fund size
£22m (£21m 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
158.8
Offer price
167.1
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus43.4%
ReAssure AL NptRu&GtrRus Pn42.9%
L&G Nep Russia&Gtr Russia Pn42.6%
Scot Eq JPM Emg Eur Eq Pn40.7%
OMW InvescoPerpetualEmgEurpn38.9%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Global Fixed Interest30.8%
    International Equities19%
    Hedge18.8%
    Global Government Fixed Interest17.6%
    Commodity & Energy12%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-2.7%1.1%0.7%5%13.3%
Sector-0.2%-0.6%6.2%8.8%20.9%41.2%
Rank within sector380 / 546442 / 545398 / 531418 / 514320 / 386262 / 317
Quartile3rd4th3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund1.9%-2.7%3.9%3.6%5.7%
Sector8.7%2%7.2%11%7.7%
Rank within sector384 / 514408 / 450283 / 388258 / 357228 / 318
Quartile3rd4th3rd3rd3rd
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.
-3.08
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.
0.68
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
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%.
4.87
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.
3.22
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.
-1.53
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.
0.7
Price movement
52 week high164.1
52 week low151.5
Current bid price158.8
Current offer price167.1
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Global Fixed Interest30.77%
2International Equities19.05%
3Hedge18.84%
4Global Government Fixed Interest17.58%
5Commodity & Energy12.01%
6Money Market1.76%
Individual holdings
1USA 10YR NOTE FUTURE 20/12/2016 DEC1615.15%
2ISHARES JPM $ EMD ETF7.82%
3EURO BUXL 30YR BOND FUTURE 08/12/2016 DEC165.36%
4ISHARES MARKIT IBOXX EURO HIGH YIELD ETF4.8%
5ISHARES MARKIT IBOXX $ CR BD4.41%
6FTSE 100 INDEX FUTURE 16/12/2016 DEC163.85%
7ISHARES EURO CORP BND LC3.8%
8MSCI MINI EMERGING MARKET INDEX FUTURE 16/12/2016 DEC163.75%
9S&P500 EMINI INDEX FUTURE 16/12/2016 DEC163.56%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
The Fund aims to deliver positive returns on an annual basis with the prospect of long-term capital growth commensurate with returns from equities but with a lower volatility. Investment in the fund is at risk. There is no guarantee that the fund will deliver positive returns over the specific, or any, time period.
Benchmark
  • LIBID GBP 3 month
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Multi - Asset Group01/12/2008
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Clerical Medical Target Return Pension
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price158.8
Offer price167.1
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeA9M8
Data provided by

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