Fact sheet: Save & Prosper Equity Pn

Fund information
Fund name
Save & Prosper Equity Pn
Fund manager company
Countrywide Assured Plc
Fund type
Pension Fund
Fund managers
  • James Illsleysince 01/09/2010
  • William Meadonsince 01/09/2010
No data available.
Fund objective
To provide a portfolio invested in a wide range of equities designed to give the best total return.
Benchmark
  • FTSE 350 Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
21.4%
1 Year rank in sector
225/856
Sector
PN UK All Companies
Yield
-
Fund size
£41m (£37m 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.
98
Bid price
395.5
Offer price
416.3
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn39.3%
Fidelity UBS UK Select Pn32.9%
Halifax IM UK Growth Pn32.6%
CM UBS UK Opportunities Pension32.4%
SW UBS UK Opps Pn31.9%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%5.3%11.6%21.4%26.2%69.8%
Sector1.3%4.5%8%17.2%19.8%55.1%
Rank within sector428 / 881241 / 87899 / 872225 / 856135 / 818151 / 775
Quartile2nd2nd1st2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund4.5%13%6.1%1.6%25.6%
Sector3.8%10.2%4.4%0.6%24.2%
Rank within sector233 / 877345 / 853309 / 840261 / 815320 / 796
Quartile2nd2nd2nd2nd2nd
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.
1.53
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.
1.03
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%.
10.18
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.
2.96
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.
0.54
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.
0.91
Price movement
52 week high401.2
52 week low307.3
Current bid price395.5
Current offer price416.3
Current mid price-
Region
1UK100%
Industry sector
1Financials26%
2Consumer Services18.3%
3Consumer Goods15.7%
4Oil & Gas11.2%
5Industrials10.1%
6Health Care6.3%
7Telecommunications5.3%
8Basic Materials4.4%
9Utilities1.6%
Asset type
1UK Equities100%
Individual holdings
No data available.
Management
Fund manager group
Countrywide Assured
Fund manager company
Countrywide Assured Plc
Fund type
Pension Fund
Fund objective
To provide a portfolio invested in a wide range of equities designed to give the best total return.
Benchmark
  • FTSE 350 Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
James Illsley01/09/2010James Illsley is a portfolio manager in the J.P. Morgan Asset Management European Equity Group. He specialises in managing institutional and charitable portfolios. An employee since 1999, James was previously a UK equity portfolio manager and Director with Prudential Portfolio Managers UK (Ltd). James obtained an M.Eng in Mechanical and Nuclear Engineering from London University.
William Meadon01/09/2010William Meadon, managing director, is head of UK Institutional Equities in the JPMorgan Asset Management European Equity Group. An employee since 1996, William was previously head of UK Specialist Pension Funds at Newton Investment Management Ltd, responsible for pension funds and the Newton Higher Income Fund. Before this, he was a Balanced Pension fund manager, and manager of the Schroder Income Fund, with Schroder Investment Management. Prior to Schroders, William was articled to Peat Marwick (now part of KPMG). William obtained a BA (Hons) in Economics from the University of Nottingham and is a qualified Chartered Accountant.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Save & Prosper Equity Pn
Initial charge-
Annual charge1.01%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price395.5
Offer price416.3
Mid price-
CurrencyGBX
Price updated27/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeSA36
Data provided by

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