Fact sheet: Halifax Managed Pension

Fund information
Fund name
Halifax Managed Pension
Fund manager company
Halifax Life Ltd
Fund type
Pension Fund
Fund managers
  • Mark Henzellsince 30/09/2012
  • Matthew Daviessince 30/06/2013
No data available.
Fund objective
The investments are made at the discretion of the investment managers, whose objective is to maximise the overall return from investments covering the UK and overseas equities, gilt-edged and fixed interest stock and property.
Benchmark
  • Composite
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.4%
1 Year rank in sector
364/795
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£57m (£53m 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.
71
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn23.5%
Scot Eq Sequel Adventurous Pn21.4%
Scot Eq Sequel Adven Jrny Pn21.4%
Scot Eq Ext Bal Coll (ex MLC) Pn20.5%
Scot Eq Caerus Pfl DRP 4 Pn20.3%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities76.5%
    Fixed Interest9.8%
    Money Market9.3%
    Property4.4%
  • UK Equities51.9%
    North American Equities10.1%
    Money Market9.3%
    Global Emerging Market Equities5.2%
    UK Fixed Interest5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%1.2%9.6%12.4%22.1%51.7%
Sector-0.1%-0.6%8.2%11%21.8%47.9%
Rank within sector71 / 913175 / 912297 / 894364 / 795337 / 692227 / 595
Quartile1st1st2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.7%2.3%4.1%17%9.4%
Sector10.7%2.2%5.7%13.1%9.9%
Rank within sector393 / 800351 / 753482 / 692107 / 661416 / 596
Quartile2nd2nd3rd1st3rd
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.
-0.61
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.
1.08
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.
0.36
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%.
7.9
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.
1.91
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.
-0.07
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.
0.95
Price movement
52 week high206.6
52 week low164.9
Current bid price-
Current offer price-
Current mid price201.7
Region
No data available.
Industry sector
1Equities76.5%
2Fixed Interest9.76%
3Money Market9.32%
4Property4.43%
Asset type
1UK Equities51.85%
2North American Equities10.05%
3Money Market9.32%
4Global Emerging Market Equities5.17%
5UK Fixed Interest4.98%
6Global Fixed Interest4.78%
7Property4.43%
8Europe ex UK Equities4.14%
9Japanese Equities2.36%
Individual holdings
1SCOTTISH WIDOWS UK ALL SHARE TRACKER X ACC42.68%
2SCOTTISH WIDOWS US EQUITY X10.05%
3ABERDEEN GLOBAL LIQUIDITY (LUX) STERLING K39.2%
4SCOTTISH WIDOWS FUNDAMENTAL INDEX UK EQUITY X5.3%
5SCOTTISH WIDOWS GILT W4.98%
6SCOTTISH WIDOWS INTERNATIONAL BOND W4.78%
7SCOTTISH WIDOWS POOLED PROPERTY ACS Y ACC4.43%
8SCOTTISH WIDOWS EUROPEAN EX UK EQUITY X4.14%
9HALIFAX SMALLER COMPANIES I3.86%
Management
Fund manager group
Halifax Life
Fund manager company
Halifax Life Ltd
Fund type
Pension Fund
Fund objective
The investments are made at the discretion of the investment managers, whose objective is to maximise the overall return from investments covering the UK and overseas equities, gilt-edged and fixed interest stock and property.
Benchmark
  • Composite
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Mark Henzell30/09/2012Mark 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 Davies30/06/2013Matthew 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
Halifax Managed 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 price201.7
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHZ40
Halifax Managed 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 price1293.9
Offer price1354.9
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHZ43
Halifax Managed 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 price180.3
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeH057
Data provided by

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