Fact sheet: SW JPM Natural Resources Pn

Fund information
Fund name
SW JPM Natural Resources Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Neil Gregsonsince 31/01/2012
  • Christopher Korpansince 01/02/2017
Underlying fund
JPM Natural Resources
Fund objective
J.P. Morgan describe their fund’s aim as follows: To provide a portfolio primarily of shares in companies throughout the world engaged in the production and marketing of commodities. The Fund aims to provide capital growth over the long term.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
39.4%
1 Year rank in sector
18/63
Sector
PN Commodity & Energy
Yield
-
Fund size
£49m (£39m 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.
189
Bid price
61.6
Offer price
61.6
Top in this sector
Fund name1 Year
FL JPM Natural Resources Pn43.2%
Aviva JPM Nat Resources Pn42.3%
FL MyM JPM Natural Res Pn42.2%
LV= JPM Natural Resources Pn41.8%
FL JPM Natural Res AP41.8%
...more in PN Commodity & Energy

Performance snapshot

Holdings snapshot

  • North America46.4%
    UK27.8%
    Europe & Middle East14.4%
    Pacific ex-Japan8.1%
    Global Emerging Markets2.8%
  • Mineral Extraction21.8%
    Oil & Gas Exploration & Production21.5%
    Precious Metals & Stones21.1%
    Other Metals17.7%
    Oil & Gas - Integrated14.4%
  • Commodity & Energy99.2%
    Money Market0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.2%-8.1%-1.6%39.4%-9%-24%
Sector-2.4%-8.6%-0.2%23%6.3%-11.9%
Rank within sector36 / 6427 / 6444 / 6418 / 6348 / 6149 / 57
Quartile3rd2nd3rd2nd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-3.9%80.6%-34.9%-16.7%-20.1%
Sector-3.2%70.6%-24.9%-8.9%-25%
Rank within sector43 / 6411 / 6260 / 6144 / 6130 / 61
Quartile3rd1st4th3rd2nd
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.
-4.23
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.
1.02
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.
-0.02
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%.
27.5
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.
10.07
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.
-0.48
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.
0.86
Price movement
52 week high70.7
52 week low43.6
Current bid price61.6
Current offer price61.6
Current mid price-
Region
1North America46.4%
2UK27.8%
3Europe & Middle East14.4%
4Pacific ex-Japan8.1%
5Global Emerging Markets2.8%
6Money Market0.5%
Industry sector
1Mineral Extraction21.8%
2Oil & Gas Exploration & Production21.5%
3Precious Metals & Stones21.1%
4Other Metals17.7%
5Oil & Gas - Integrated14.4%
6Oil & Gas Equipment & Services1.8%
7Coal1.2%
8Money Market0.5%
Asset type
1Commodity & Energy99.2%
2Money Market0.8%
Individual holdings
1RIO TINTO7.5%
2GLENCORE PLC5.3%
3BHP BILLITON PLC5.1%
4CHEVRON CORP3.4%
5PAREX RESOURCES INC3.2%
6PIONEER NATURAL RESOURCES CO3.2%
7LUNDIN MINING CORP3.1%
8TOTAL SA3.1%
9BOLIDEN AB3%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
J.P. Morgan describe their fund’s aim as follows: To provide a portfolio primarily of shares in companies throughout the world engaged in the production and marketing of commodities. The Fund aims to provide capital growth over the long term.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Neil Gregson31/01/2012Neil Gregson, managing director, is a portfolio manager in the Global Equities Team based in London, and is a member of the team responsible for global natural resources mandates. Neil joined the team in September 2010 from CQS Asset Management where he was a Senior Portfolio Manager and Head of the Long-Only Business, with particular focus on the natural resources sector. Prior to this, Neil was the head of Emerging Markets at Credit Suisse Asset Management where he managed gold and resource equity funds. Neil began his career holding various positions at mining and resource companies, including a role as a mining investment analyst at South African company Gold Fields. He is a qualified mining engineer.. Education: BSc in Mining Engineering from Nottingham University
Christopher Korpan01/02/2017
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SW JPM Natural Resources Pension Series 1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.73%
Total expense ratio (TER)1.73%
Bid price59.2
Offer price62.4
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBGC7
SW JPM Natural Resources Pension Series 2
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.86%
Total expense ratio (TER)1.86%
Bid price61.6
Offer price61.6
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBGC8
SW JPM Natural Resources Pension Series 4
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.06%
Total expense ratio (TER)1.06%
Bid price66.3
Offer price66.3
Mid price-
CurrencyGBX
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBGD0
Data provided by

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