Fact sheet: SW Fid Spl Sits Pn

Fund information
Fund name
SW Fidelity Special Situations 2006 Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Alex Wrightsince 01/01/2014
Underlying fund
Fidelity Special Situations
Fund objective
The fund aims to achieve long-term growth from a portfolio primarily made up of UK company shares. The fund may also have some overseas exposure. Investments are not restricted by company size or industry and will largely be determined by the availability of attractive investment opportunities. The fund may also invest in other transferable securities (such as fixed interest securities), units in collective investments schemes, money market instruments, cash and deposits. Derivatives and forward transactions may also be used to assist in the efficient management of the portfolio or with the aim of enhancing returns.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
21.9%
1 Year rank in sector
134/857
Sector
PN UK All Companies
Yield
-
Fund size
£36m (£30m 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.
88
Bid price
236.2
Offer price
236.2
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn35.8%
FL Old Mutual UK Mid Cap Pn34.7%
OMW Old Mutual Equity 134.6%
OMW Old Mutual UK Dynamic Equity34.4%
SIP Old Mut UK Mcap Pn34.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK85.7%
    USA11.1%
    Denmark1.6%
    Germany1.3%
    Italy0.5%
  • Financials35.7%
    Industrials25.1%
    Consumer Services8.6%
    Oil & Gas8.6%
    Health Care6%
  • UK Equities84%
    US Equities11.4%
    Danish Equities1.5%
    German Equities1.4%
    Alternative Investment Strategies0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%6.3%11.2%21.9%34.8%99.2%
Sector1.4%4.8%8.1%17.7%21.9%62.1%
Rank within sector177 / 879184 / 877159 / 872134 / 85750 / 81737 / 772
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund6.8%13.2%11.3%-2%31.4%
Sector5.4%10.2%4.4%0.6%24.2%
Rank within sector180 / 874339 / 850104 / 837661 / 812140 / 793
Quartile1st2nd1st4th1st
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.
3.14
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.
1.04
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.
0.59
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%.
10.76
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.
4.64
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.
0.7
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.
0.81
Price movement
52 week high236.1
52 week low176.8
Current bid price236.2
Current offer price236.2
Current mid price-
Region
1UK85.7%
2USA11.1%
3Denmark1.6%
4Germany1.3%
5Italy0.5%
6Brazil0.3%
7Sweden0.3%
8Canada0.2%
9Portugal0.2%
Industry sector
1Financials35.7%
2Industrials25.1%
3Consumer Services8.6%
4Oil & Gas8.6%
5Health Care6%
6Technology5.4%
7Consumer Goods4.8%
8Telecommunications3.8%
9Basic Materials2.8%
Asset type
1UK Equities84%
2US Equities11.4%
3Danish Equities1.5%
4German Equities1.4%
5Alternative Investment Strategies0.6%
6Italian Equities0.5%
7Brazilian Equities0.3%
8Swedish Equities0.3%
9Canadian Equities0.2%
Individual holdings
1ROYAL DUTCH SHELL6.07%
2CITIGROUP INC5.66%
3CRH4.57%
4SHIRE PLC4.04%
5BT GROUP3.65%
6ULTRA ELECTRONICS HLDGS3.44%
7LLOYDS BANKING GROUP PLC3.36%
8PHOENIX GROUP HLDGS3.03%
9ROYAL MAIL PLC2.97%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
The fund aims to achieve long-term growth from a portfolio primarily made up of UK company shares. The fund may also have some overseas exposure. Investments are not restricted by company size or industry and will largely be determined by the availability of attractive investment opportunities. The fund may also invest in other transferable securities (such as fixed interest securities), units in collective investments schemes, money market instruments, cash and deposits. Derivatives and forward transactions may also be used to assist in the efficient management of the portfolio or with the aim of enhancing returns.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Alex Wright01/01/2014Alex Wright has over 14 years of investment experience in UK and European equity markets. He joined Fidelity in 2001 as a research analyst and has covered a number of sectors across the market capitalisation spectrum. He has managed the Fidelity Special Situations Fund since January 2014 and has been portfolio manager of the Fidelity UK Smaller Companies Fund since its launch in February 2008. He has also been responsible for managing Fidelity Special Values PLC since September 2012. Alex has a BSc (Economics) from Warwick University, where he graduated with First Class Honours, and he is also a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SW Fidelity Special Situations 2006 Pension Series 1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.82%
Bid price227.3
Offer price239.3
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE092
SW Fidelity Special Situations 2006 Pension Series 2
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.94%
Total expense ratio (TER)1.94%
Bid price236.2
Offer price236.2
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE091
SW Fidelity Special Situations 2006 Pension Series 4
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.14%
Total expense ratio (TER)1.14%
Bid price225.2
Offer price225.2
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeU610
Data provided by

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