Fact sheet: Clerical Medical UK Eq Inc Pension

Fund information
Fund name
Clerical Medical UK Equity Income Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Quantitative Investment Teamsince 01/01/2013
  • Global Equity Teamsince 01/01/2013
Underlying fund
Insight Equity Income
Fund objective
The fund aims to provide an above-average income, together with prospects of capital appreciation over the longer term, derived mainly from a portfolio of securities in UK companies
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
22.4%
1 Year rank in sector
29/223
Sector
PN UK Equity Income
Yield
-
Fund size
£57m (£53m 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
445.7
Offer price
469.1
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income35.9%
OMW IPLM&GGlLePn35%
OMW IPLMaUkEqPn27%
FL Schroder Inc AP25.1%
OMW IPLBaGiUkEqFoPn25.1%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK98.9%
    Money Market1.1%
  • Financials26.9%
    Consumer Services18.9%
    Oil & Gas14.6%
    Health Care7.7%
    Basic Materials6.8%
  • UK Equities98.9%
    Money Market1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%4.7%8.2%22.4%21.5%49.5%
Sector1%3.5%6%17.5%24.1%62.2%
Rank within sector33 / 22959 / 22947 / 22729 / 223156 / 203179 / 191
Quartile1st2nd1st1st4th4th
Calendar performance
 YTD - 20172016201520142013
Fund4.7%13.9%1.1%-1.2%22%
Sector3.4%11.5%3.9%3.7%23.2%
Rank within sector52 / 22962 / 223181 / 218196 / 203129 / 195
Quartile1st2nd4th4th3rd
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.
-1.83
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.
1.06
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.
0.13
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%.
9.75
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.
2.68
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.
-0.56
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.
0.93
Price movement
52 week high450.9
52 week low355.8
Current bid price445.7
Current offer price469.1
Current mid price-
Region
1UK98.9%
2Money Market1.1%
Industry sector
1Financials26.9%
2Consumer Services18.9%
3Oil & Gas14.6%
4Health Care7.7%
5Basic Materials6.8%
6Consumer Goods6.8%
7Utilities6.4%
8Industrials5.7%
9Telecommunications5.1%
Asset type
1UK Equities98.9%
2Money Market1.1%
Individual holdings
1ROYAL DUTCH SHELL8.8%
2BP PLC5.8%
3HSBC HOLDINGS PLC5.3%
4RIO TINTO PLC5.3%
5ASTRAZENECA PLC4.1%
6BRITISH AMERICAN TOBACCO PLC3.9%
7GLAXOSMITHKLINE PLC3.6%
8VODAFONE GROUP3.3%
9PRUDENTIAL PLC3.2%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
The fund aims to provide an above-average income, together with prospects of capital appreciation over the longer term, derived mainly from a portfolio of securities in UK companies
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Quantitative Investment Team01/01/2013
Global Equity Team01/01/2013
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Clerical Medical UK Equity Income Pension
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price445.7
Offer price469.1
Mid price-
CurrencyGBX
Price updated29/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeC311
Data provided by

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