Fact sheet: SW SSGA EuropeExUKEqIdxPn

Fund information
Fund name
SW SSGA Europe Ex UK Equity Index Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
SSgA Europe ex UK Equity Tracker
Fund objective
State Street Global Advisers describe their fund's aim as follows: The fund aims to track the FTSE World Europe ex UK Index, or its recognised replacement or equivalent. The fund will primarily invest in a sample of equities constituting the above Index although stock index futures can be used for efficient portfolio management.
Benchmark
  • FTSE AW Developed Europe ex-UK Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
14%
1 Year rank in sector
136/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£61m (£57m 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.
105
Bid price
140.3
Offer price
140.3
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn28.2%
Scot Eq Neptune Eur Opps Pn28.2%
RLP EurSpl(NeptuneEurpOpp)Pn27.2%
Guardian Choices European Pn26.3%
SIP Neptune Eurpn Opps Pn25.2%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Europe ex UK99.8%
    International0.2%
  • Consumer Goods20.5%
    Financials19.8%
    Industrials15.8%
    Health Care13.6%
    Basic Materials8.3%
  • Europe ex UK Equities99.8%
    Others0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%0.7%10.8%14%21.6%66.8%
Sector-1.1%0.3%9.4%12.5%26%77.6%
Rank within sector117 / 369145 / 369121 / 368136 / 359260 / 340253 / 312
Quartile2nd2nd2nd2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund13%4.5%-0.9%24.5%17.3%
Sector11%9.4%-0.2%25.6%19.2%
Rank within sector125 / 359311 / 353226 / 341200 / 329228 / 311
Quartile2nd4th3rd3rd3rd
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.
-2.34
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.
1.12
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.
0.09
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%.
12.79
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.
2.93
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.
-0.58
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.
0.96
Price movement
52 week high146.3
52 week low109.8
Current bid price140.3
Current offer price140.3
Current mid price-
Region
1Europe ex UK99.84%
2International0.16%
Industry sector
1Consumer Goods20.48%
2Financials19.79%
3Industrials15.77%
4Health Care13.61%
5Basic Materials8.26%
6Consumer Services5.56%
7Technology4.83%
8Oil & Gas4.01%
9Telecommunications3.9%
Asset type
1Europe ex UK Equities99.84%
2Others0.16%
Individual holdings
1NESTLE SA4.45%
2NOVARTIS AG3.41%
3ROCHE HLDG AG3.2%
4ANHEUSER-BUSCH INBEV SA/NV1.91%
5TOTAL SA1.83%
6SIEMENS AG1.63%
7SANOFI1.55%
8BAYER AG1.52%
9SAP SE1.49%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
State Street Global Advisers describe their fund's aim as follows: The fund aims to track the FTSE World Europe ex UK Index, or its recognised replacement or equivalent. The fund will primarily invest in a sample of equities constituting the above Index although stock index futures can be used for efficient portfolio management.
Benchmark
  • FTSE AW Developed Europe ex-UK Index
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SW SSGA Europe Ex UK Equity Index Pension Series 1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.88%
Bid price134.7
Offer price141.8
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBGP3
SW SSGA Europe Ex UK Equity Index Pension Series 2
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 price140.3
Offer price140.3
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBGP4
SW SSGA Europe Ex UK Equity Index 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 price140.4
Offer price140.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBGP6
SW SSGA Europe Ex UK Equity Index Pension Series 4
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)0.2%
Bid price150.3
Offer price150.3
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBGP7
Data provided by

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