Fact sheet: Scot Wid Bal Gth Pfl Pn

Fund information
Fund name
Scottish Widows Balanced Growth Pension Series 3
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Matthew Daviessince 30/06/2013
  • Mark Henzellsince 22/08/2004
No data available.
Fund objective
To give long-term growth by investing principally in a balance of equity funds and fixed interest security funds within the Lloyds Banking Group. Small proportions of the portfolio may be invested in index-linked securities and property. Exposure will be mainly to UK investments but with a significant proportion overseas
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
10.7%
1 Year rank in sector
187/510
Sector
PN Specialist
Yield
-
Fund size
£359m (£326m 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.
49
Bid price
212.9
Offer price
212.9
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus38.7%
ReAssure AL NptRu&GtrRus Pn38.2%
L&G Nep Russia&Gtr Russia Pn38%
SIP Fidelity Gbl Technology Pn34.2%
OMW InvescoPerpetualEmgEurpn33.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities47.5%
    Fixed Interest37%
    Money Market9.1%
    Property5.7%
    High Yield Bond0.5%
  • UK Fixed Interest32.1%
    International Equities23.4%
    UK Equities20.6%
    Money Market9.1%
    Property5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-0.5%8.6%10.7%19.3%42.5%
Sector-1.8%-0.3%7.2%8.4%19.9%43%
Rank within sector324 / 546286 / 544203 / 531187 / 510188 / 386156 / 313
Quartile3rd3rd2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.2%0.8%6.3%8.8%8.7%
Sector8.9%2%7.2%11%7.7%
Rank within sector181 / 514270 / 450177 / 388166 / 357167 / 318
Quartile2nd3rd2nd2nd3rd
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.
-0.19
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.
0.98
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.
0.49
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%.
5.95
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.
1.47
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.
-0.2
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.
0.94
Price movement
52 week high218.6
52 week low180.5
Current bid price212.9
Current offer price212.9
Current mid price-
Region
No data available.
Industry sector
1Equities47.53%
2Fixed Interest36.96%
3Money Market9.09%
4Property5.71%
5High Yield Bond0.48%
6Futures0.22%
Asset type
1UK Fixed Interest32.09%
2International Equities23.43%
3UK Equities20.63%
4Money Market9.09%
5Property5.71%
6Global Fixed Interest4.87%
7Global Emerging Market Equities2.93%
8North American Equities0.54%
9Global High Yield Fixed Interest0.48%
Individual holdings
1SCOTTISH WIDOWS UNIT TRUST MANAGERS GLOBAL GROWTH ACC X21.08%
2SCOTTISH WIDOWS CORPORATE BOND W19.2%
3SCOTTISH WIDOWS UK ALL SHARE TRACKER X ACC16.84%
4ABERDEEN CORPORATE BOND Z ACC10.02%
5ABERDEEN GLOBAL LIQUIDITY (LUX) ULTRA SHORT DURATION STERLING Z2 ACC8.53%
6SWUF UNIT LINKED PEN FDS PROP STAKE CREATION5.71%
7SCOTTISH WIDOWS INTERNATIONAL BOND W3.41%
8SCOTTISH WIDOWS FUNDAMENTAL INDEX UK EQUITY X2.56%
9SCOTTISH WIDOWS FUNDAMENTAL INDEX GLOBAL EQUITY X2.35%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
To give long-term growth by investing principally in a balance of equity funds and fixed interest security funds within the Lloyds Banking Group. Small proportions of the portfolio may be invested in index-linked securities and property. Exposure will be mainly to UK investments but with a significant proportion overseas
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
No data available.
Fund managers
NameSinceBiography
Matthew Davies30/06/2013Matthew Davies manages the Fund. Matthew joined SWIP in October 2006 and has 11 years' investment management experience, 7 of which have been gained at SWIP.
Mark Henzell22/08/2004Mark is a member of the Multi-Asset Funds team. In addition, the team also run several multi-asset fund-of-fund portfolios, which include the Lloyds TSB mass market retail fund range. More recently Mark has been involved with the new wealth management business. Mark joined the group in 1996, initially as a desk dealer on the Far East and Japanese desks, before moving onto the global strategy team. He joined the balanced funds team in 2002.Previously, Mark worked at Baring Asset Management in London, initially on the graduate training programme, covering both Private Client Investments and Fixed Income securities. Mark has also spent time with Kleinwort Benson Securities with experience in the Eurobond and money markets.Mark holds a BSc (Hons) in Economics from Buckingham University, and an MPhil in Management, Economics and Politics from St Andrews University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Balanced Growth Pension S1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price205.2
Offer price216
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeZB98
Scottish Widows Balanced Growth Pension Series 3
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price212.9
Offer price212.9
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeZB03
Data provided by

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