Fact sheet: Scot Wid AvivInvStgy Bd Pn

Fund information
Fund name
Scottish Widows Aviva Investors Strategy Bond Pn S1
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • James Vokinssince 28/06/2016
  • Chris Highamsince 21/09/2008
Underlying fund
Aviva Inv Strategic Bond
Fund objective
Aviva describe their fund's aim as follows: To provide a high total return from a diversified portfolio of global debt securities through diversified investment in global fixed interest securities, including non-investment grade.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£1m (£0m last year)
Bid price
97.2
Offer price
102.3
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc12.8%
Canlife AXA Fram Mgd Inc Pn12.8%
AXA Wealth AXA Fram Mgd Inc Pn12.6%
SJP Corporate Bond Pn12%
SIP BG Corporate Bd Pn11.9%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK47.3%
    North America27.5%
    Europe18%
    Money Market3%
    Others1.5%
  • BBB26.3%
    Non-Rated20%
    BB17.6%
    AA15.2%
    AAA4.8%
  • Global Fixed Interest48.2%
    UK Corporate Fixed Interest32.4%
    UK Gilts14.9%
    Cash & Cash Equivalents3%
    Others1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%1.5%----
Sector0.3%1.8%1.5%7.5%12.7%33.8%
Rank within sector100 / 174121 / 174----
Quartile3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.1%----
Sector1.5%6.7%0.7%5.6%5.9%
Rank within sector120 / 174----
Quartile3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high97.3
52 week low95
Current bid price97.2
Current offer price102.3
Current mid price-
Region
1UK47.3%
2North America27.5%
3Europe18%
4Money Market3%
5Others1.5%
6Central & S America1.2%
7Australasia0.8%
8Asia0.5%
9Middle East/ Africa0.2%
Industry sector
1BBB26.3%
2Non-Rated20%
3BB17.6%
4AA15.2%
5AAA4.8%
6B4.7%
7A3.6%
8CCC+3.4%
9Money Market3%
Asset type
1Global Fixed Interest48.2%
2UK Corporate Fixed Interest32.4%
3UK Gilts14.9%
4Cash & Cash Equivalents3%
5Others1.5%
Individual holdings
1TREASURY 1% GILT 07/09/17 GBP0.014.2%
2UNITED STATES OF AMERICA NOTES FIXED .75%4%
3UNITED STATES OF AMERICA NOTES FIXED .375%3.7%
4UNITED STATES OF AMERICA NOTES FIXED .625%3.5%
5TREASURY 5% GILT 07/03/18 GBP3.3%
6TREASURY 3.75% GILT 07/09/21 GBP3%
7UNITED STATES OF AMERICA NOTES FIXED 2%2.9%
8TREASURY 4.5% GILT 7/12/42 GBP2.3%
9VIRGIN MEDIA SECURED FINANCE PLC CALLABLE NOTES2%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
Aviva describe their fund's aim as follows: To provide a high total return from a diversified portfolio of global debt securities through diversified investment in global fixed interest securities, including non-investment grade.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
James Vokins28/06/2016James Vokins joined Aviva Investors in September 2005. He initially joined Aviva Investors as a graduate within the finance department, spending the first nine months of his employment within compliance and business risk. In October 2006 he moved to the c
Chris Higham21/09/2008Chris Higham is the head of Credit Multi-Strategy Fixed Income. He joined Aviva investors in 2007. Chris oversees a range of bond funds which invest across fixed-income assets, including investment-grade corporates, high-yield corporates, government, and emerging markets bonds. During 2013 the Aviva Investors Managed High Income Fund was awarded the Lipper Fund award within the Bond-Global High Yield category. In 2014 the Aviva Investors Strategic Bond Fund was the winner of the Investment Advisor 100 club Sterling Strategic Bond Fund of the year. Chris has managed the Strategic Bond Fund from launch in 2008. Chris has extensive investment experience. Prior to joining Aviva Investors he worked as a portfolio manager for Old Mutual Asset Managers. He joined the industry as a credit analyst. Chris graduated from Durham University with a BA (Hons) in Economics. He is an associate member of the UK Society Investment Professionals and is a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Aviva Investors Strategy Bond Pn S1
Initial charge-
Annual charge-
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price97.2
Offer price102.3
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN2RH
Scottish Widows Aviva Investors Strategy Bond Pn S2
Initial charge-
Annual charge-
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price102.2
Offer price102.2
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN2RI
Scottish Widows Aviva Investors Strategy Bond Pn S4
Initial charge-
Annual charge-
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price102.6
Offer price102.6
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN2RJ
Data provided by

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