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 08/06/2014
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
14.9%
1 Year rank in sector
820/961
Sector
PN Global Equities
Yield
-
Fund size
£76m (£76m 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.
77
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn38.2%
RLP Dimensional Gbl Targeted Val Pn36.5%
Stan Life M&G Global Dividend Pn34.9%
Aviva Sch Gbl Eq Inc Pn34.8%
OMW IPL M&G Global Dividend Pn34.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • UK99.4%
    North America0.6%
  • Financials83.9%
    Equities14.9%
    Money Market0.9%
    High Yield Bond0.3%
    Futures0%
  • UK Equities98.2%
    Money Market0.9%
    North American Equities0.6%
    Global High Yield Fixed Interest0.3%
    Futures0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%3.4%13.6%14.9%30.8%75.6%
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector286 / 1039450 / 1035711 / 1025820 / 961563 / 849461 / 751
Quartile2nd2nd3rd4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund12.3%7.1%6.1%23.1%13.4%
Sector18.7%3.7%7.8%21.4%11.2%
Rank within sector877 / 963161 / 921509 / 849363 / 820204 / 752
Quartile4th1st3rd2nd2nd
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.
1.25
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.
0.79
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.
0.58
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%.
9.65
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.
5.69
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.
-0.14
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.
0.69
Price movement
52 week high269.1
52 week low205.9
Current bid price-
Current offer price-
Current mid price264.7
Region
1UK99.4%
2North America0.6%
Industry sector
1Financials83.91%
2Equities14.91%
3Money Market0.89%
4High Yield Bond0.25%
5Futures0.03%
Asset type
1UK Equities98.21%
2Money Market0.89%
3North American Equities0.6%
4Global High Yield Fixed Interest0.25%
5Futures0.03%
6International Equities0.01%
Individual holdings
1MONKS INVESTMENT TRUST PLC4.48%
2FINSBURY GROWTH & INCOME TRUST PLC4.35%
3JPMORGAN AMERICAN IT4.21%
4THE NORTH AMERICAN INCOME TRUST PLC ORD 25P3.92%
5WITAN INVESTMENT TRUST PLC3.91%
6JPM JP MORGAN JAPANESE IT PLC3.7%
7ELECTRA PRIVATE EQUITY PLC ORD3.21%
8SCOTTISH MORTGAGE INVESTMENT TRUST PLC2.92%
9F&C FOREIGN & COLONIAL INVESTMENT TRUST ORD2.74%
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 Winning08/06/2014
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 price264.7
CurrencyGBX
Price updated08/12/2016
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 price2631.7
Offer price2755.6
Mid price-
CurrencyGBX
Price updated08/12/2016
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 price227
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeH062
Data provided by

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