Fact sheet: Halifax Balanced Pension

Fund information
Fund name
Halifax Balanced Pension
Fund manager company
Halifax Life Ltd
Fund type
Pension Fund
Fund managers
  • Matthew Daviessince 30/06/2011
  • Mark Henzellsince 31/07/2011
No data available.
Fund objective
The aim of the Balanced fund is to produce growth over the medium to long term.
Benchmark
  • Composite
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
14.1%
1 Year rank in sector
99/795
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£56m (£51m 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.
78
Bid price
75.05
Offer price
79
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn22.7%
Scot Eq Ext Bal Coll (ex MLC) Pn20.7%
FL My Ftr Adv Gth XE/IE Pn20.1%
Scot Eq Sequel Adventurous Pn19.6%
Scot Eq Sequel Adven Jrny Pn19.6%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities84%
    Fixed Interest9.2%
    Money Market6.1%
    High Yield Bond0.5%
    Futures0.2%
  • UK Equities51.6%
    North American Equities13.6%
    Money Market6.1%
    Europe ex UK Equities5%
    Global Fixed Interest4.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%0.7%11.1%14.1%24.5%53.4%
Sector-0.8%-1.2%7.8%10.2%21.1%47.2%
Rank within sector264 / 913125 / 91284 / 89499 / 795159 / 692173 / 595
Quartile2nd1st1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund13.4%2.3%4.6%16.3%8.9%
Sector10%2.2%5.7%13.1%9.9%
Rank within sector125 / 800353 / 753417 / 692149 / 661449 / 596
Quartile1st2nd3rd1st4th
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.
-0.51
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.
1.21
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.
0.43
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%.
8.74
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.
2.27
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.
0.31
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 high77.64
52 week low60.06
Current bid price75.05
Current offer price79
Current mid price-
Region
No data available.
Industry sector
1Equities84.03%
2Fixed Interest9.18%
3Money Market6.07%
4High Yield Bond0.48%
5Futures0.24%
6Financials0.01%
Asset type
1UK Equities51.57%
2North American Equities13.6%
3Money Market6.07%
4Europe ex UK Equities5.01%
5Global Fixed Interest4.8%
6Japanese Equities4.53%
7Global Emerging Market Equities4.52%
8UK Fixed Interest4.38%
9International Equities2.65%
Individual holdings
1SCOTTISH WIDOWS UK ALL SHARE TRACKER X ACC45.92%
2SCOTTISH WIDOWS US EQUITY X12.93%
3SCOTTISH WIDOWS FUNDAMENTAL INDEX UK EQUITY X5.65%
4SCOTTISH WIDOWS EUROPEAN EX UK EQUITY X5.01%
5ABERDEEN GLOBAL LIQUIDITY (LUX) ULTRA SHORT DURATION STERLING Z2 ACC4.82%
6SCOTTISH WIDOWS JAPAN EQUITY X4.53%
7SCOTTISH WIDOWS INTERNATIONAL BOND W3.32%
8SCOTTISH WIDOWS FUNDAMENTAL INDEX GLOBAL EQUITY X2.65%
9SCOTTISH WIDOWS GILT W2.38%
Management
Fund manager group
Halifax Life
Fund manager company
Halifax Life Ltd
Fund type
Pension Fund
Fund objective
The aim of the Balanced fund is to produce growth over the medium to long term.
Benchmark
  • Composite
Investment style
Balanced
Investment method
No data available.
Fund managers
NameSinceBiography
Matthew Davies30/06/2011Matthew 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.
Mark Henzell31/07/2011Mark 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Halifax Balanced Pension
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price75.05
Offer price79
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHG10
Data provided by

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