Fact sheet: SW Nwtn high Inc Pn

Fund information
Fund name
SW Newton Higher Income Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Christopher Metcalfesince 20/03/2014
Underlying fund
Newton UK Income
Fund objective
The fund aims for long-term total return from increasing levels of income from one year to the next along with long-term capital growth from the underlying assets, through investment solely in the Newton Higher Income OEIC fund.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
15.4%
1 Year rank in sector
195/221
Sector
PN UK Equity Income
Yield
-
Fund size
£65m (£64m 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.
91
Bid price
378.6
Offer price
378.6
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income40.2%
OMW IPLM&GGlLePn32.1%
FL Jupiter Income Pn26.9%
ReAssure JOHCMJOHambroUKEqIncPPB Pn26.9%
SIP Jupiter Inc Trust Pn26.6%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK79.8%
    USA6.1%
    Money Market3.9%
    Guernsey3.3%
    Netherlands3.2%
  • Consumer Goods17.6%
    Financials16.7%
    Consumer Services15.9%
    Utilities11.2%
    Health Care9.3%
  • UK Equities83.5%
    US Equities6.1%
    Dutch Equities3.8%
    American Emerging Equities1.8%
    Swiss Equities1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.4%5.6%11.5%15.4%28.3%73.4%
Sector3.4%5.6%12%20.3%26.9%80%
Rank within sector96 / 223123 / 223145 / 223195 / 22180 / 197150 / 186
Quartile2nd3rd3rd4th2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund8.5%8.6%6.1%5.7%19.2%
Sector8%11.5%3.9%3.7%23.2%
Rank within sector91 / 223144 / 21775 / 21247 / 197164 / 189
Quartile2nd3rd2nd1st4th
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.
1.38
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.
0.84
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.
0.41
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%.
9.45
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.
6.22
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.
0.01
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.
0.6
Price movement
52 week high378.6
52 week low316.5
Current bid price378.6
Current offer price378.6
Current mid price-
Region
1UK79.83%
2USA6.1%
3Money Market3.92%
4Guernsey3.32%
5Netherlands3.22%
6Bermuda1.87%
7Luxembourg1.07%
8Norway0.67%
Industry sector
1Consumer Goods17.6%
2Financials16.69%
3Consumer Services15.93%
4Utilities11.21%
5Health Care9.32%
6Technology8.21%
7Industrials7.61%
8Oil & Gas5.99%
9Money Market3.92%
Asset type
1UK Equities83.53%
2US Equities6.12%
3Dutch Equities3.82%
4American Emerging Equities1.78%
5Swiss Equities1.57%
6Money Market1.5%
7Luxembourg Equities1.03%
8Norwegian Equities0.65%
Individual holdings
1RELX NV5.98%
2BRITISH AMERICAN TOBACCO5.71%
3DIAGEO5.51%
4NATIONAL EXPRESS GROUP4.27%
5ROYAL DUTCH SHELL4.2%
6NATIONAL GRID3.83%
7ASTRAZENECA PLC3.47%
8GLAXOSMITHKLINE3.46%
9AVIVA3.36%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
The fund aims for long-term total return from increasing levels of income from one year to the next along with long-term capital growth from the underlying assets, through investment solely in the Newton Higher Income OEIC fund.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Christopher Metcalfe20/03/2014Christopher Metcalfe is Investment Leader, UK Equities as well as managing multi asset portfolios. He runs portfolios including the Newton UK Income Fund, Newton Growth and Income Fund for Charities, Newton UK Opportunities Fund and Newton Multi Asset Growth Fund. Christopher has been running UK Equity portfolios for thirty one years. He ran large pension fund portfolios at Henderson and Schroder for twenty years before joining Newton in 2006. He ran the best performing UK Equity Unit Trust in the IA UK All Companies sector in both 2007 and 2008 and was Investment Week Fund Manager of the Year in the Flexible sector 2015. He holds an MBA from the Manchester Business School. Christopher has been with Newton for 10 years.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SW Newton Higher Income Pension Series 1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.32%
Total expense ratio (TER)1.32%
Bid price366.8
Offer price386.1
Mid price-
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeSF46
SW Newton Higher Income Pension Series 2
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)1.44%
Bid price378.6
Offer price378.6
Mid price-
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeSA05
SW Newton Higher Income Pension Series 3
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price199.8
Offer price199.8
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBGO1
SW Newton Higher Income Pension Series 4
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.64%
Total expense ratio (TER)0.64%
Bid price207.2
Offer price207.2
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE489
Data provided by

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