Fact sheet: Save & Prosper Managed Pn

Fund information
Fund name
Save & Prosper Managed Pn
Fund manager company
Countrywide Assured Plc
Fund type
Pension Fund
Fund managers
  • David Chansince 01/03/2010
  • Katy Thorneycroftsince 01/02/2008
  • Nadia Grantsince 01/03/2013
No data available.
Fund objective
To provide a balanced portfolio invested in a combination of fixed-interest securities, property, equities and deposits suitable for provision of pension benefits.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
22.4%
1 Year rank in sector
288/859
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£477m (£429m 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.
73
Bid price
965.9
Offer price
1016.7
Top in this sector
Fund name1 Year
Scot Eq Sequel Adven Jrny Pn35%
Scot Eq Sequel Adventurous Pn34.9%
BlackRock LGIM Oseas Consn Idx Pn34.2%
Scot Eq Ext Bal Coll (ex MLC) Pn33.5%
FL My Ftr Advantage Gth Pn31.3%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%2.3%8.9%22.4%35.1%80.1%
Sector2.2%2.7%8.1%19.8%28%60.3%
Rank within sector186 / 900656 / 900314 / 889288 / 85986 / 70946 / 618
Quartile1st3rd2nd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund5.9%14.3%4.7%6.9%20.4%
Sector5%14.3%2.2%5.7%13.1%
Rank within sector235 / 889453 / 79193 / 744135 / 68732 / 660
Quartile2nd3rd1st1st1st
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.
1.37
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.
1.07
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.
0.86
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%.
7.84
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.
2.2
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.
0.85
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.
0.92
Price movement
52 week high967.8
52 week low785
Current bid price965.9
Current offer price1016.7
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
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 balanced portfolio invested in a combination of fixed-interest securities, property, equities and deposits suitable for provision of pension benefits.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
David Chan01/03/2010David Chan, vice president, is a portfolio manager and analyst working on fund of funds portfolios in the Global Multi-Asset Group, based in London. An employee since 1997, David was previously an analyst in the Global Equities Team and prior to this was a performance analyst specialising in risk and attribution within the Performance Analysis Group. Prior to joining the firm, David spent three years as an actuarial trainee at National Provident Institution, having worked as an actuarial principal at Black Horse Life Assurance Company. David started his career as an actuarial assistant at Abbey Life Assurance Company. David obtained a BSc in Mathematics, Operation Research and Economics from the University of Essex and a Postgraduate Diploma in Actuarial Science from City University.
Katy Thorneycroft01/02/2008Katy Thorneycroft is a senior portfolio manager in the Global Multi-Asset Group (””GMAG””), based in London. Katy focuses on the UK pension, Diversified Growth and investment trust funds. An employee since 1999, Katy was previously a member of the GMAG in New York and prior to this was a portfolio manager in the European Equity Group in London focusing on small and mid-cap strategies. Katy obtained an MChem from the University of Oxford and is a CFA charterholder.
Nadia Grant01/03/2013Nadia Grant joined the company in 2014 as a portfolio manager within the US Equities team. She manages the Threadneedle American Fund and has coverage leadership for companies in the healthcare sector. Nadia also contributes to the team’s macroeconomic and thematic research.Prior to joining the company, she worked for 13 years at JP Morgan Asset Management. She worked as a portfolio manager in various teams, managing European, American and Global strategies.Nadia has a Master’s degree from Reims Business School (Neoma) and also holds the Chartered Financial Analyst designation.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Save & Prosper Managed Pn
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price965.9
Offer price1016.7
Mid price-
CurrencyGBX
Price updated24/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeSA35
Data provided by

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