Fact sheet: Halifax European Pension

Fund information
Fund name
Halifax European Pension
Fund manager company
Halifax Life Ltd
Fund type
Pension Fund
Fund manager
  • Quantitative Investment Teamsince 29/09/2007
Underlying fund
Halifax European
Fund objective
To achieve capital growth in the long term by investing mainly in European companies excluding the U.K. The fund invests via the Halifax European OEIC Fund. For more information on the Halifax European OEIC Fund, such as the strategy used to meet its objectives, please see the factsheet for the OEIC Fund at http://webfund6.financialexpress.net/clientsv21/scottishwidows2/pricetable.aspx?fname=&strRec=0&selCat1=Halifax OEIC Funds&selCat2=&selCat3=
Benchmark
  • MSCI Europe ex UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10.1%
1 Year rank in sector
123/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£26m (£26m 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.
110
Top in this sector
Fund name1 Year
OMW Old Mut Euro (ex UK) Sm Cos24.9%
OMW Henderson Euro Sm Cos21.9%
Guardian Choices European Pn21.8%
SIP Hend Eurpn Sm Cos Pn21.7%
SIP Neptune Eurpn Opps Pn18.9%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Europe ex UK98.4%
    UK1.7%
  • Consumer Goods19.5%
    Industrials14.2%
    Financials13.6%
    Health Care12.4%
    Equities11.8%
  • Europe ex UK Equities98.2%
    Money Market1.7%
    Futures0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.2%-0.9%8.2%10.1%19.9%68%
Sector-6.4%-1.7%6.7%8.7%19%71.2%
Rank within sector129 / 36997 / 368109 / 368123 / 359124 / 340174 / 312
Quartile2nd2nd2nd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund10.2%5%1.6%24.6%18.6%
Sector7.2%9.4%-0.2%25.6%19.2%
Rank within sector69 / 359284 / 35387 / 341196 / 329177 / 311
Quartile1st4th2nd3rd3rd
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
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.
0.3
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%.
11.55
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.
2.86
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.
0.17
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.
0.94
Price movement
52 week high186.1
52 week low138
Current bid price-
Current offer price-
Current mid price171
Region
1Europe ex UK98.35%
2UK1.65%
Industry sector
1Consumer Goods19.45%
2Industrials14.23%
3Financials13.56%
4Health Care12.36%
5Equities11.84%
6Basic Materials8.5%
7Oil & Gas4.23%
8Consumer Services4.15%
9Technology3.71%
Asset type
1Europe ex UK Equities98.19%
2Money Market1.66%
3Futures0.14%
Individual holdings
1NESTLE SA4.67%
2NOVARTIS AG3.27%
3ROCHE HLDG AG2.44%
4BAYER AG2.1%
5SANOFI1.87%
6TOTAL SA1.69%
7ABERDEEN GLOBAL LIQUIDITY (LUX) STERLING Z31.67%
8ABB LTD1.63%
9KONINKLIJKE AHOLD DELHAIZE NV1.38%
Management
Fund manager group
Halifax Life
Fund manager company
Halifax Life Ltd
Fund type
Pension Fund
Fund objective
To achieve capital growth in the long term by investing mainly in European companies excluding the U.K. The fund invests via the Halifax European OEIC Fund. For more information on the Halifax European OEIC Fund, such as the strategy used to meet its objectives, please see the factsheet for the OEIC Fund at http://webfund6.financialexpress.net/clientsv21/scottishwidows2/pricetable.aspx?fname=&strRec=0&selCat1=Halifax OEIC Funds&selCat2=&selCat3=
Benchmark
  • MSCI Europe ex UK
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Quantitative Investment Team29/09/2007
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Halifax European Pension
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price171
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHZ26
Halifax European Pension Dual
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price795.7
Offer price833.1
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHZ24
Halifax European Pension Stake
Initial charge-
Annual charge1.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price186.1
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeH050
Data provided by

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