Fact sheet: Halifax Fund of Inv Trusts Pn

Fund information
Fund name
Halifax Fund of Investment Trusts Pension
Fund manager company
Halifax Life Ltd
Fund type
Pension Fund
Fund managers
  • Tony Fostersince 01/12/2009
  • David Winningsince 09/06/2014
Underlying fund
Halifax Fund of Investment Trusts
Fund objective
The investment objective of this fund is to achieve capital growth in the long term by investing mainly in investment trust companies. The Halifax Fund of Investment Trusts Life and Pension funds invest directly into the Halifax Fund of Investment Trusts OEIC.
Benchmark
  • FTSE World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
31.8%
1 Year rank in sector
372/985
Sector
PN Global Equities
Yield
-
Fund size
£81m (£72m 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.
76
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn52.9%
FL Baillie Giff LT Gbl Gth Pn50.8%
Baillie Gifford Lng Tm Gbl Gth Pn50.1%
Zurich BailGfrd LgTrmGblGth49.7%
Stan Life BGiff LgTmGlGtOEICPn48.8%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • UK98.1%
    Global Emerging Markets1.1%
    North America0.6%
    Europe ex UK0.3%
  • Financials84.1%
    Equities15.4%
    Money Market0.4%
    Futures0%
  • UK Equities97.6%
    Global Emerging Market Equities1.1%
    North American Equities0.6%
    Money Market0.4%
    Europe ex UK Equities0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.8%6%14.3%31.8%47.2%101.3%
Sector2.2%2.9%10.1%29.7%44.6%95.1%
Rank within sector219 / 103853 / 103239 / 1016372 / 985374 / 851339 / 769
Quartile1st1st1st2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund10.9%16.5%7.1%6.1%23.1%
Sector6.3%22.4%3.7%7.8%21.4%
Rank within sector48 / 1017834 / 939163 / 897500 / 828360 / 800
Quartile1st4th1st3rd2nd
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.
2.75
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.
0.78
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.
0.97
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%.
9.52
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.
5.8
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.
0.67
Price movement
52 week high304.5
52 week low223.5
Current bid price-
Current offer price-
Current mid price304.5
Region
1UK98.06%
2Global Emerging Markets1.08%
3North America0.58%
4Europe ex UK0.29%
Industry sector
1Financials84.13%
2Equities15.43%
3Money Market0.42%
4Futures0.02%
Asset type
1UK Equities97.59%
2Global Emerging Market Equities1.08%
3North American Equities0.58%
4Money Market0.42%
5Europe ex UK Equities0.29%
6Futures0.02%
7International Equities0.02%
Individual holdings
1MONKS INVESTMENT TRUST PLC4.73%
2JPMORGAN AMERICAN IT4.5%
3FINSBURY GROWTH & INCOME TRUST PLC4.33%
4THE NORTH AMERICAN INCOME TRUST PLC ORD 25P4.04%
5WITAN INVESTMENT TRUST PLC3.84%
6JPM JP MORGAN JAPANESE IT PLC3.78%
7F&C FOREIGN & COLONIAL INVESTMENT TRUST ORD2.91%
8BLACKROCK SMALLER COMPANIES IT2.83%
9PERPETUAL INCOME AND GROWTH INVESTMENT TRUST PLC2.81%
Management
Fund manager group
Halifax Life
Fund manager company
Halifax Life Ltd
Fund type
Pension Fund
Fund objective
The investment objective of this fund is to achieve capital growth in the long term by investing mainly in investment trust companies. The Halifax Fund of Investment Trusts Life and Pension funds invest directly into the Halifax Fund of Investment Trusts OEIC.
Benchmark
  • FTSE World
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Tony Foster01/12/2009Tony is an investment director on the global equity team with particular involvement in UK stocks. Tony joined SWIP in 2000 and was responsible for managing the UK equity portfolios for SWIP's Life Assurance and Unit-linked Pension fund clients and for managing a fund of investment trusts. His research responsibilities included the following sectors: automobiles & parts, chemicals, construction & materials, electronic & electrical equipment, food producers, forestry & paper, general industrials, industrial engineering, industrial metals, investment trusts, mining, oil equipment, services & distribution and support services. Prior to joining SWIP, Tony spent nearly 12 years with Baillie Gifford. He initially trained as an analyst in UK equities before gaining six years experience as a fund manager in Pacific (ex Japan) equities. In 1995, he became a senior fund manager covering large UK companies. Tony holds a BA (Hons) in metallurgy, economics and management from the University of Oxford and is an Associate of the UK Society of Investment Professionals.
David Winning09/06/2014
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Halifax Fund of Investment Trusts 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 price304.5
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeHZ46
Halifax Fund of Investment Trusts 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 price3032.9
Offer price3175.7
Mid price-
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeHZ29
Halifax Fund of Investment Trusts 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 price261
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeH062
Data provided by

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