Fact sheet: Clerical Medical UK Alp FoF Pn

Fund information
Fund name
Clerical Medical UK Alpha Fund of Funds Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund manager
  • Steve Waddingtonsince 30/09/2008
No data available.
Fund objective
To produce capital growth by investing predominantly in units or shares of collective investment schemes which invest predominantly in UK equities. The fund may also invest directly in UK equities.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
5.2%
1 Year rank in sector
484/843
Sector
PN UK All Companies
Yield
-
Fund size
£6m (£6m 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.
97
Bid price
230.9
Offer price
243
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn41.9%
Countrywide Equity Pn21.2%
OMW Schroder Recovery20.7%
Royal London Schroders Recovery Pn20.5%
Fidelity UBS UK Select Pn20%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK99.4%
    Money Market0.6%
  • Financials24%
    Consumer Services20%
    Oil & Gas13.6%
    Health Care9.4%
    Utilities7.2%
  • UK Equities99.4%
    Money Market0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%0%8.6%5.2%11.6%61%
Sector-1.2%-0.3%6.2%5.1%13.2%59.3%
Rank within sector581 / 865346 / 862356 / 861484 / 843451 / 805326 / 756
Quartile3rd2nd2nd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.1%-0.4%2.5%24.9%18.5%
Sector5.6%4.4%0.6%24.2%15.4%
Rank within sector396 / 843679 / 831189 / 806354 / 785182 / 758
Quartile2nd4th1st2nd1st
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.
0.17
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.
0.98
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.
0.1
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%.
9.97
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.
3.23
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.
0.01
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.
0.9
Price movement
52 week high239.7
52 week low188.2
Current bid price230.9
Current offer price243
Current mid price-
Region
1UK99.42%
2Money Market0.58%
Industry sector
1Financials24.03%
2Consumer Services20.04%
3Oil & Gas13.59%
4Health Care9.43%
5Utilities7.2%
6Consumer Goods7.12%
7Industrials6.49%
8Telecommunications5.99%
9Basic Materials5.53%
Asset type
1UK Equities99.42%
2Money Market0.58%
Individual holdings
1ROYAL DUTCH SHELL7.97%
2BP5.61%
3ASTRAZENECA PLC5.49%
4HSBC HLDGS4.62%
5RIO TINTO4.43%
6GLAXOSMITHKLINE3.94%
7VODAFONE GROUP3.76%
8BRITISH AMERICAN TOBACCO3.74%
9NATIONAL GRID3.14%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
To produce capital growth by investing predominantly in units or shares of collective investment schemes which invest predominantly in UK equities. The fund may also invest directly in UK equities.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
Shares
Fund manager
NameSinceBiography
Steve Waddington30/09/2008Steve joined Insight in January 2008 and is responsible for fundmanagement and investment selection for our diversified fund range. Before joining Insight he spent five years at BT Financial Group, Australia (formerly Rothschild Australia Asset Management), where from 2004 he was Head of External Investments, responsible for investment and manager research, due diligence, selection and portfolio construction. Steve started his career at Savills Commercial Ltd, where he was responsible for advising institutional and private company clients on commercial property investment and development.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Clerical Medical UK Alpha Fund of Funds 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 price230.9
Offer price243
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeYW93
Data provided by

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