Fact sheet: Halifax UK Equity Income Pension

Fund information
Fund name
Halifax UK Equity Income Pension
Fund manager company
Halifax Life Ltd
Fund type
Pension Fund
Fund managers
  • Quantitative Investment Teamsince 01/01/2013
  • Global Equity Teamsince 01/01/2013
Underlying fund
Halifax UK Equity Income
Fund objective
The investment objective of this fund is to provide an above average income, together with prospects for capital appreciation over the longer term, delivered mainly from a portfolio of securities in UK companies. The fund invests via the Halifax UK Equity Income OEIC Fund. For more information on the Halifax UK Equity Income 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
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.3%
1 Year rank in sector
72/225
Sector
PN UK Equity Income
Yield
-
Fund size
£362m (£367m 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.
95
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn25.1%
OMW UBS UK Equity Income24.8%
FL Income Accumulation Pn20.1%
L&G Schroder Income Pn16.5%
Scot Eq Schroder Income Pn16%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK100%
    Europe ex UK0.1%
  • Financials20.5%
    Consumer Goods15.6%
    Equities15.1%
    Consumer Services11.8%
    Oil & Gas9.6%
  • UK Equities97.8%
    Money Market1.8%
    Futures0.3%
    Europe ex UK Equities0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%-1%9.2%7.3%10.8%43.3%
Sector-1.8%-0.9%6.6%6.3%17.1%62.2%
Rank within sector152 / 229110 / 22955 / 22972 / 225189 / 205182 / 189
Quartile3rd2nd1st2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund8.6%1.2%-1.1%22.1%8%
Sector6.9%3.9%3.7%23.2%13.2%
Rank within sector62 / 225180 / 220197 / 205131 / 197176 / 192
Quartile2nd4th4th3rd4th
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.
-2.6
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.
1.12
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.
0.04
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%.
10.34
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.
2.81
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.
-0.71
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 high266.8
52 week low209.5
Current bid price-
Current offer price-
Current mid price255.7
Region
1UK99.95%
2Europe ex UK0.05%
Industry sector
1Financials20.51%
2Consumer Goods15.63%
3Equities15.07%
4Consumer Services11.84%
5Oil & Gas9.62%
6Health Care7.05%
7Industrials6.07%
8Basic Materials5.08%
9Utilities4.97%
Asset type
1UK Equities97.84%
2Money Market1.79%
3Futures0.32%
4Europe ex UK Equities0.05%
Individual holdings
1HSBC HLDGS6.53%
2ROYAL DUTCH SHELL4.98%
3GLAXOSMITHKLINE4.67%
4BRITISH AMERICAN TOBACCO3.99%
5BP3.67%
6PRUDENTIAL PLC3.48%
7UNILEVER2.89%
8VODAFONE GROUP2.89%
9RIO TINTO2.74%
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 provide an above average income, together with prospects for capital appreciation over the longer term, delivered mainly from a portfolio of securities in UK companies. The fund invests via the Halifax UK Equity Income OEIC Fund. For more information on the Halifax UK Equity Income 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
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Quantitative Investment Team01/01/2013
Global Equity Team01/01/2013
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Halifax UK Equity Income 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 price255.7
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHZ32
Halifax UK Equity Income 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 price2070.8
Offer price2168.3
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHZ33
Halifax UK Equity Income 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 price177.1
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeH053
Data provided by

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