Fact sheet: Clerical Medical UK Prop Pn

Fund information
Fund name
Clerical Medical UK Property Pension
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund managers
  • Mark Henzellsince 17/05/2015
  • Matthew Daviessince 17/05/2015
No data available.
Fund objective
The fund aims to achieve long-term capital growth by investing mainly in UK properties. The core of the portfolio is concentrated on larger commercial and office properties whilst allowing for selective investment in residential and medium and small sized commercial and office properties with above average potential for growth.
Benchmark
  • IPD UK Monthly (All Property)
Investment style
No data available.
Investment method
Physical
Quick stats
1 Year return
0.9%
1 Year rank in sector
52/159
Sector
PN UK Direct Property
Yield
-
Fund size
£361m (£692m 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.
66
Bid price
602.2
Offer price
633.8
Top in this sector
Fund name1 Year
Guardian Property Pn15.2%
Guardian Choices Property Pn15.2%
Zurich L&G Property Pn8.1%
OMW IPL Aviva Lm Prp Pn7.4%
FL Property AP5.9%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • UK42.4%
    South East UK34.2%
    Central London23.4%
  • Retail37.3%
    Offices - Property20.3%
    Industrials15.1%
    Money Market10.5%
    Other - Property8.4%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%4.4%-1.9%0.9%28.3%36.1%
Sector0.7%2.5%-2.4%-1.4%24.6%33.2%
Rank within sector117 / 16139 / 16073 / 15952 / 15962 / 15457 / 149
Quartile3rd1st2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.2%10.9%13.5%7.2%0.9%
Sector-1.7%9.7%14.3%6.9%1%
Rank within sector51 / 15955 / 15882 / 15487 / 15265 / 149
Quartile2nd2nd3rd3rd2nd
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.
-1.53
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.
1.27
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.
0.9
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%.
5.23
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.
3.07
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.
0.7
Price movement
52 week high616.2
52 week low555
Current bid price602.2
Current offer price633.8
Current mid price-
Region
1UK42.4%
2South East UK34.2%
3Central London23.4%
Industry sector
1Retail37.3%
2Offices - Property20.3%
3Industrials15.1%
4Money Market10.5%
5Other - Property8.4%
6Property Shares8.4%
Asset type
No data available.
Individual holdings
1LONDON, REGIS HOUSE5.5%
2DARTFORD, BLUEWATER SHOPPING CENTRE3.1%
3LONDON, PROSPECT HOUSE3.1%
4BELFAST, LONGWOOD RETAIL PARK2.7%
5HINCKLEY, TRIUMPH FACTORY, NORMANDY WAY2.7%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Invt Sols (inc
Fund type
Pension Fund
Fund objective
The fund aims to achieve long-term capital growth by investing mainly in UK properties. The core of the portfolio is concentrated on larger commercial and office properties whilst allowing for selective investment in residential and medium and small sized commercial and office properties with above average potential for growth.
Benchmark
  • IPD UK Monthly (All Property)
Investment style
No data available.
Investment method
Physical
Fund managers
NameSinceBiography
Mark Henzell17/05/2015Mark is a member of the Multi-Asset Funds team. In addition, the team also run several multi-asset fund-of-fund portfolios, which include the Lloyds TSB mass market retail fund range. More recently Mark has been involved with the new wealth management business. Mark joined the group in 1996, initially as a desk dealer on the Far East and Japanese desks, before moving onto the global strategy team. He joined the balanced funds team in 2002.Previously, Mark worked at Baring Asset Management in London, initially on the graduate training programme, covering both Private Client Investments and Fixed Income securities. Mark has also spent time with Kleinwort Benson Securities with experience in the Eurobond and money markets.Mark holds a BSc (Hons) in Economics from Buckingham University, and an MPhil in Management, Economics and Politics from St Andrews University.
Matthew Davies17/05/2015Matthew Davies manages the Fund. Matthew joined SWIP in October 2006 and has 11 years' investment management experience, 7 of which have been gained at SWIP.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Clerical Medical UK Property 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 price602.2
Offer price633.8
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeCZ33
Clerical Medical UK Property Pension MF
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1349
Offer price1349
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeCL31
Data provided by

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