Fact sheet: Phoenix SM Morley Commercial PropPn

Fund information
Fund name
Phoenix SM Morley Commercial Property Pn
Fund manager company
Phoenix Life Limited
Fund type
Pension Fund
Fund managers
  • Mike Luscombesince 26/06/2015
Underlying fund
Aviva Inv Property Trust
Fund objective
The Fund aims to grow your investment and provide a level of income.
  • IPD
Investment style
No data available.
Investment method
Quick stats
1 Year return
1 Year rank in sector
PN UK Direct Property
Fund size
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.
Bid price
Offer price
Top in this sector
Fund name1 Year
Guardian Choices Property Pn17.8%
Guardian Property Pn17.8%
Active Value Property Pn8.2%
SLOC Flexible Portf Property Pn7.5%
OMW IPL Aviva Lm Prp Pn7.5%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • Northern UK24.8%
    South East UK20.2%
  • Retail33.9%
    Offices - Property29.3%
    Cash & Cash Equivalents6.1%
  • Property93.9%
    Cash & Cash Equivalents6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector144 / 161151 / 160111 / 159119 / 159129 / 153113 / 144
Calendar performance
 YTD - 20162015201420132012
Rank within sector107 / 159135 / 158126 / 154106 / 15239 / 149
Risk statistics
?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.
?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.
?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.
?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%.
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.
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.
?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.
Price movement
52 week high140.7
52 week low131.9
Current bid price132.1
Current offer price139.1
Current mid price-
1Northern UK24.8%
3South East UK20.2%
6Money Market6.1%
Industry sector
2Offices - Property29.3%
5Cash & Cash Equivalents6.1%
Asset type
2Cash & Cash Equivalents6.1%
Individual holdings
No data available.
Fund manager group
Phoenix Life Limited
Fund manager company
Phoenix Life Limited
Fund type
Pension Fund
Fund objective
The Fund aims to grow your investment and provide a level of income.
  • IPD
Investment style
No data available.
Investment method
Fund managers
Mike Luscombe26/06/2015Joined: Joined Investment Industry in 1985 Main Responsibilities: Fund management of the Norwich Union Linked Property Fund. Experience & Qualifications: Mike joined the firm (as Commercial Union) in 1988. Previously, he worked in both private practice and at Legal & General. Mike holds a BSc (Hons) in Estate Management from Polytechnic of the South Bank and a Post-Graduate Diploma in Property Investment (RICS). He is a Member of the Royal Institution of Chartered Surveyors.
No data available.
No data available.
Fund for sale in
United Kingdom
Phoenix SM Morley Commercial Property Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price132.1
Offer price139.1
Mid price-
Price updated20/10/2016
Institutional or retail classRetail
Citi codeZR27
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.