Fact sheet: SW GLG Technology Eq Pn

Fund information
Fund name
SW GLG Technology Equity Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Ben Funnellsince 30/03/2009
Underlying fund
Man GLG Balanced Managed
Fund objective
Man GLG describe their fund’s aim as follows: The objective of the Fund is to achieve capital growth through investing, directly or indirectly, primarily in an international portfolio of securities of companies involved in technology, media and telecommunication industries.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
2.9%
1 Year rank in sector
365/514
Sector
PN Specialist
Yield
-
Fund size
£3m (£3m 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.
82
Bid price
239.1
Offer price
239.1
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Performance snapshot

Holdings snapshot

  • UK31.4%
    Europe ex UK16%
    International15.4%
    USA11.8%
    Money Market9.8%
  • No data available.
  • UK Equities24.8%
    Europe ex UK Equities15%
    Global Fixed Interest12.7%
    US Equities11.9%
    Japanese Equities9.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%0.9%7.6%2.9%22.6%58%
Sector-0%-0.1%6.8%9.4%21.6%42.3%
Rank within sector111 / 546164 / 545213 / 531365 / 514176 / 38693 / 317
Quartile1st2nd2nd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.5%4.4%9.6%23.9%9.4%
Sector9.3%2%7.2%11%7.7%
Rank within sector322 / 51487 / 45094 / 38842 / 357142 / 318
Quartile3rd1st1st1st2nd
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.
-3.32
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.
1.77
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.
0.23
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%.
14.76
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.
11.26
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.
0.05
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.
0.51
Price movement
52 week high243.4
52 week low206.3
Current bid price239.1
Current offer price239.1
Current mid price-
Region
1UK31.43%
2Europe ex UK16.02%
3International15.44%
4USA11.8%
5Money Market9.75%
6Japan9.12%
7Global Emerging Markets6.3%
8Asia Pacific0.14%
Industry sector
No data available.
Asset type
1UK Equities24.76%
2Europe ex UK Equities14.99%
3Global Fixed Interest12.7%
4US Equities11.88%
5Japanese Equities9.92%
6Money Market8.86%
7UK Fixed Interest6.86%
8Global Emerging Market Equities6.49%
9Others3.43%
Individual holdings
1SHIRE PLC1.39%
2ROYAL DUTCH SHELL1.32%
3IMPERIAL BRANDS PLC1.17%
4RYANAIR HLDGS1.06%
5VODAFONE GROUP0.95%
6BRITISH AMERICAN TOBACCO0.89%
7DEUTSCHE WOHNEN AG0.87%
8ASSA ABLOY AB0.86%
9MERCK KGAA0.82%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
Man GLG describe their fund’s aim as follows: The objective of the Fund is to achieve capital growth through investing, directly or indirectly, primarily in an international portfolio of securities of companies involved in technology, media and telecommunication industries.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Ben Funnell30/03/2009Ben is the lead portfolio manager of GLG’s Global and European long only strategies. Previously he was GLG’s chief equity strategist. Prior to joining GLG he spent 11 years at Morgan Stanley, the last nine of those years on the top II and Extel-rated European Equity Strategy team, which he co-headed in his final three years at the firm as a Managing Director. He was educated in modern languages at Durham University, UK. His approach to investing is both top-down and bottom-up, with macro views influencing portfolio positioning. Areas of particular interest to his research process include income disparity and social inequality, and the associated rise in household leverage; the political economy of the Eurozone and latterly of Japan; and investment style, with a focus on truly active management.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SW GLG Technology Equity Pension Series 1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.83%
Total expense ratio (TER)1.84%
Bid price231.5
Offer price243.7
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSH16
SW GLG Technology Equity Pension Series 2
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.95%
Total expense ratio (TER)1.96%
Bid price239.1
Offer price239.1
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSH15
SW GLG Technology Equity Pension Series 4
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.15%
Total expense ratio (TER)1.16%
Bid price253.4
Offer price253.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE471
Data provided by

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