Fact sheet: SW TM Levitas B Pn

Fund information
Fund name
SW TM Levitas B Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund manager
  • Jonathan Webster-Smithsince 01/07/2012
Underlying fund
TM Levitas B
Fund objective
The fund’s objective is to provide capital growth over the longer term. The fund is actively managed and primarily invested in a variety of collective investment schemes. It will include substantial exposure to fixed income and other types of assets which will remain stable regardless of the market. The fund will also seek some exposure to UK and international equities, so as to provide an overall stable mixture of income generating assets. The fund may also invest in transferable securities, money market instruments, exchange-traded funds, cash and cash deposits.
Benchmark
  • IA Mixed Investment 0%-35% Shares
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
2%
1 Year rank in sector
127/146
Sector
PN Mixed Investment 0%-35% Shares
Yield
-
Fund size
£28m (£18m 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.
34
Bid price
107.9
Offer price
107.9
Top in this sector
Fund name1 Year
B&CE ThePplPnPre-Retm0.5%Pn18.5%
Canlife BlkRckConsensus 35Pn15.4%
Zurich BlkRk Cnsnss 35 Pn15.4%
LV= BlackRock Consensus 35 Pn15.1%
FL Defensive Index FOF Pn15.1%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK47.9%
    International31.2%
    Not Specified14.9%
    Money Market4.7%
    North America1.3%
  • No data available.
  • UK Corporate Fixed Interest18.3%
    International Equities15.8%
    UK Equities13.7%
    Global Corporate Fixed Interest12.1%
    Alternative Assets11.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-2%1.7%2%8.4%-
Sector-0.4%-1%6.5%9.9%22.2%38.2%
Rank within sector86 / 17671 / 175137 / 166127 / 146114 / 126-
Quartile2nd2nd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund2.5%1.2%3.8%--
Sector10.1%2.3%7.6%5.6%6.9%
Rank within sector128 / 14678 / 135112 / 126--
Quartile4th3rd4th
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.
-2.37
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.
0.78
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
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%.
4.15
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.
2.49
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.
-1.5
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.
0.68
Price movement
52 week high110.6
52 week low100.8
Current bid price107.9
Current offer price107.9
Current mid price-
Region
1UK47.86%
2International31.23%
3Not Specified14.88%
4Money Market4.69%
5North America1.34%
Industry sector
No data available.
Asset type
1UK Corporate Fixed Interest18.27%
2International Equities15.79%
3UK Equities13.68%
4Global Corporate Fixed Interest12.08%
5Alternative Assets11.54%
6UK Gilts9.34%
7Global High Yield Fixed Interest6.7%
8UK Property6.57%
9Money Market4.69%
Individual holdings
1LOMBARD ODIER GLOBAL GOV BOND9.34%
2FIDELITY MONEYBUILDER INCOME FUND 6.46%
3ROYAL LONDON STERLING CREDIT FUND5.12%
4VANGUARD FTSE ALL SHARE TRACKER5.05%
5GLG STRATEGIC BOND FUND4.78%
6MORGAN STANLEY GLOBAL BRANDS FUND4.57%
7ISHARES III PLC4.5%
8AXA US SHORT DURATION HIGH YIELD BOND Z INC4.42%
9TROJAN INCOME O ACC4.37%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
The fund’s objective is to provide capital growth over the longer term. The fund is actively managed and primarily invested in a variety of collective investment schemes. It will include substantial exposure to fixed income and other types of assets which will remain stable regardless of the market. The fund will also seek some exposure to UK and international equities, so as to provide an overall stable mixture of income generating assets. The fund may also invest in transferable securities, money market instruments, exchange-traded funds, cash and cash deposits.
Benchmark
  • IA Mixed Investment 0%-35% Shares
Investment style
Cautious
Investment method
None
Fund manager
NameSinceBiography
Jonathan Webster-Smith01/07/2012Jonathan joined Brooks Macdonald as a trainee investment manager in 2001, after graduating from the University of Southampton. He currently holds the position of Director, Head of Multi-Asset and is the lead manager of the Brooks Macdonald Managed Portfolio Service and Multi-Asset Fund range. He is also a member of our asset allocation committee. Jonathan is a chartered member of the Chartered Institute for Securities & Investment.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SW TM Levitas B Pension Series 1
Initial charge-
Annual charge0.88%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.26%
Total expense ratio (TER)2.39%
Bid price102.9
Offer price108.4
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJJ1I
SW TM Levitas B Pension Series 2
Initial charge-
Annual charge1%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.39%
Total expense ratio (TER)2.51%
Bid price107.9
Offer price107.9
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJJ1J
Data provided by

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