Fact sheet: SW Inv Perp Gbl Bd Pn

Fund information
Fund name
SW Invesco Perpetual Global Bond Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Jack Parkersince 31/07/2015
  • Stuart Edwardssince 28/03/2013
Underlying fund
Invesco Perp Global Bond
Fund objective
Invesco Perpetual describe their fund’s aim as follows: The fund aims to achieve a combination of income and capital growth over the medium to long term by investing primarily in debt securities and currencies globally. Debt securities include government bonds, as well as securities issued by supranational bodies, local authorities, national public bodies and corporate issuers. The Fund may also invest in high yield, unrated, convertible, sub-investment grade debt securities. Financial derivative instruments can be used for investment purposes and for efficient portfolio management. Please note: The Scottish Widows unit-linked funds aim to provide long term growth in the price of the units. Any income generated will not be distributed but added to the fund value.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
6.6%
1 Year rank in sector
99/135
Sector
PN Global Fixed Interest
Yield
-
Fund size
£28m (£28m 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.
36
Bid price
216.1
Offer price
216.1
Top in this sector
Fund name1 Year
Zurich L&G PreRtrmnt Infln Lkd20.5%
Baillie Gifford Emerg Mrkts Bd Pn19.2%
OMW IPL 2035 Idx Lkd Gilt Pn18.9%
FL MyM HBP Blended Bnd Pn18.3%
Scot Eq AegonIntcEgMtsLclCrDtPn17.3%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • USA43%
    UK14.6%
    Money Market12%
    Italy7.1%
    Australia6.2%
  • Government Bonds61.1%
    Money Market12%
    Banks8.8%
    Automobiles2.2%
    Telecommunications2.2%
  • Global Government Fixed Interest33.9%
    Global Index Linked29.3%
    Global Corporate Fixed Interest23.6%
    Money Market12%
    Others1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%-0.8%-2.6%6.6%15.3%20.1%
Sector-0.1%0.6%-2.7%8.3%19.4%21.8%
Rank within sector87 / 14279 / 14171 / 14199 / 13580 / 11156 / 92
Quartile3rd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-0.7%10.3%2%3.4%-0.7%
Sector0.5%14.1%-0.3%6.1%-3.6%
Rank within sector93 / 14190 / 12726 / 11988 / 10731 / 101
Quartile3rd3rd1st4th2nd
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.
0.39
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.
0.74
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.
0.32
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%.
4.81
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.
2.52
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.
-0.47
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.
0.82
Price movement
52 week high222.5
52 week low199.4
Current bid price216.1
Current offer price216.1
Current mid price-
Region
1USA42.99%
2UK14.55%
3Money Market11.95%
4Italy7.12%
5Australia6.22%
6Spain4.51%
7Mexico3.17%
8Others2.32%
9Belgium1.93%
Industry sector
1Government Bonds61.08%
2Money Market11.95%
3Banks8.82%
4Automobiles2.15%
5Telecommunications2.15%
6Government Agency Bonds2.14%
7Utilities2.07%
8Technology1.97%
9Oil & Gas1.93%
Asset type
1Global Government Fixed Interest33.94%
2Global Index Linked29.28%
3Global Corporate Fixed Interest23.56%
4Money Market11.95%
5Others0.97%
6Alternative Investment Strategies0.3%
Individual holdings
1UNITED STATES OF AMER TREAS BILLS 0.125% BDS 15/07/26 USD1009.31%
2TREASURY 1.5% GILT 22/07/26 GBP0.017.2%
3UNITED STATES OF AMER TREAS BILLS BDS 15/04/21 USD1005%
4UNITED STATES OF AMER TREAS NOTES 0.625% NTS 15/01/26 USD1004.85%
5United States Treasury Note/Bond4.02%
6UNITED STATES OF AMER TREAS NOTES 0.375% NTS 15/01/27 USD1003.54%
7UNITED STATES OF AMER TREAS NOTES FXD BDS 31/05/21 USD1003.16%
8AUSTRALIA(COMMONWEALTH OF) 1.75% BDS 21/11/20 AUD10002.68%
9ITALY(REPUBLIC OF) 2.35% BDS 15/09/19 EUR10002.15%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
Invesco Perpetual describe their fund’s aim as follows: The fund aims to achieve a combination of income and capital growth over the medium to long term by investing primarily in debt securities and currencies globally. Debt securities include government bonds, as well as securities issued by supranational bodies, local authorities, national public bodies and corporate issuers. The Fund may also invest in high yield, unrated, convertible, sub-investment grade debt securities. Financial derivative instruments can be used for investment purposes and for efficient portfolio management. Please note: The Scottish Widows unit-linked funds aim to provide long term growth in the price of the units. Any income generated will not be distributed but added to the fund value.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Jack Parker31/07/2015Based in Henley-on-Thames, Jack is currently a Macro Analyst/ Trader within Invesco's Henley-based Fixed Interest team. Jack began his investment career with the firm within the investment operations functions in January 2008 before transferring to the Fixed Interest team in August.
Stuart Edwards28/03/2013Based in Henley-on-Thames, Stuart is responsible for a number of global bond and cash portfolios. Stuart began his investment career in 1997 at Standard & Poor's as an economist, initially specialising in analysis of the Benelux region and then covering the UK fixed income and money markets with responsibility for forecasting UK economic data and providing fixed income strategy. On joining our company in 2003, he was initially the fixed income specialist within our Investment Communication team before successfully transferring to the Fixed Interest team in January 2006 as a fixed income strategist, specialising in the analysis of macro economic data and trends. In March 2010 Stuart was promoted to the role of fund manager. He holds a BSc (Honours) in Business Economics with Computing from the University of Surrey and a MSc in Finance from Birkbeck College, University of London.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SW Invesco Perpetual Global Bond Pension Series 1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.67%
Total expense ratio (TER)1.65%
Bid price209.3
Offer price220.4
Mid price-
CurrencyGBX
Price updated21/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeSJ54
SW Invesco Perpetual Global Bond Pension Series 2
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.79%
Total expense ratio (TER)1.77%
Bid price216.1
Offer price216.1
Mid price-
CurrencyGBX
Price updated21/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeSJ53
SW Invesco Perpetual Global Bond Pension Series 4
Initial charge-
Annual charge0.97%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)0.97%
Bid price194.9
Offer price194.9
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE510
Data provided by

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