Fact sheet: Scot Wid Bal Gth Pfl

Fund information
Fund name
Scottish Widows Balanced Growth Portfolio A Acc
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund managers
  • Mark Henzellsince 22/08/2004
  • Matthew Daviessince 30/06/2013
Fund objective
To give long-term capital growth by investing principally in a balance of equity funds and fixed interest security funds (including a small proportion in index-linked securities), within the Lloyds Banking Group. Exposure will be mainly to UK investments but with a significant proportion overseas.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
11.9%
1 Year rank in sector
39/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
1.6%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.59%
Fund size
£853m (£804m 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.
54
Mid price
189.9
Top in this sector
Fund name1 Year
AXA Global Distribution20.2%
S&W The Magpie18.8%
SVS TPI Balanced 218.8%
Investec Caut Mgd18.4%
AXA Lifetime Distribution16.7%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities51.5%
    Fixed Interest31.8%
    Money Market8.5%
    High Yield Bond8%
    Futures0.2%
  • UK Fixed Interest28.1%
    UK Equities26%
    International Equities21.8%
    Money Market8.5%
    Global High Yield Fixed Interest8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%-0.1%9%11.9%17.4%37.7%
Sector-0.1%-0.2%6.3%8.3%16.6%35.5%
Rank within sector61 / 21495 / 21336 / 21139 / 20494 / 17387 / 144
Quartile2nd2nd1st1st3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund12.2%-1.1%4.3%9%8.2%
Sector8.4%1.2%5%9%8%
Rank within sector34 / 204170 / 190130 / 175104 / 16194 / 145
Quartile1st4th3rd3rd3rd
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.
-1.45
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.
1.13
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.
0.2
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%.
6.67
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.
1.33
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.
-0.6
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.
0.97
Price movement
52 week high193.2
52 week low158.2
Current bid price-
Current offer price-
Current mid price189.9
Region
No data available.
Industry sector
1Equities51.51%
2Fixed Interest31.82%
3Money Market8.47%
4High Yield Bond7.99%
5Futures0.21%
Asset type
1UK Fixed Interest28.06%
2UK Equities25.95%
3International Equities21.82%
4Money Market8.48%
5Global High Yield Fixed Interest7.99%
6Global Fixed Interest3.76%
7Global Emerging Market Equities3.2%
8North American Equities0.54%
9Futures0.21%
Individual holdings
1SCOTTISH WIDOWS CORPORATE BOND W20.9%
2HALIFAX UK FTSE ALL SHARE INDEX TRACKER I13.09%
3SCOTTISH WIDOWS UNIT TRUST MANAGERS GLOBAL GROWTH ACC X10.64%
4SCOTTISH WIDOWS UK ALL SHARE TRACKER X ACC9.91%
5HALIFAX INTERNATIONAL GROWTH I9.01%
6ABERDEEN GLOBAL LIQUIDITY (LUX) ULTRA SHORT DURATION STERLING Z2 ACC8.06%
7ABERDEEN GLOBAL HIGH YIELD BOND Z ACC7.99%
8ABERDEEN CORPORATE BOND A INC5.08%
9SCOTTISH WIDOWS FUNDAMENTAL INDEX UK EQUITY X2.95%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund objective
To give long-term capital growth by investing principally in a balance of equity funds and fixed interest security funds (including a small proportion in index-linked securities), within the Lloyds Banking Group. Exposure will be mainly to UK investments but with a significant proportion overseas.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
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.
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.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Balanced Growth Portfolio A Acc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.59%
Total expense ratio (TER)1.64%
Bid price-
Offer price-
Mid price189.9
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZB12
Scottish Widows Balanced Growth Portfolio P
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGGI
Scottish Widows Balanced Growth Portfolio T
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price180
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeWZ27
Data provided by

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