Fact sheet: Scot Wid Bal Gth

Fund information
Fund name
Scottish Widows Balanced Growth D Acc
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund managers
  • Matthew Daviessince 30/06/2013
  • Mark Henzellsince 27/06/2010
Fund objective
This fund aims to provide long-term capital growth mainly through investment in collective investment schemes. The Fund aims to provide exposure to a combination of equities (which may include UK, overseas and emerging markets), bonds (this may include UK Government bonds, index-linked securities, other UK fixed interest securities, overseas bonds and high yield bonds) and property (which can be both in the UK and overseas). The Fund may also provide exposure to commodities and other alternative assets such as derivatives. This fund invests principally in a range of funds managed by, or operated within, the Lloyds Banking Group. High yield bonds are also known as Non-investment grade bonds. Non-investment grade bonds have not been awarded the minimum rating required to meet the investment grade rating. Therefore they are considered higher risk than bonds with a higher credit rating. Credit ratings indicate the likelihood that an issuer will be able to make their payments.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
7%
1 Year rank in sector
213/268
Sector
UT Mixed Investment 40%-85% Shares
Yield
1.3%
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.
1.81%
Fund size
£962m (£977m 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.
53
Mid price
147
Top in this sector
Fund name1 Year
Orbis Gbl Bal34.6%
FP MA DRP VIII21.2%
HSBC Wld Seltn Advntr Pfl21%
CF Greenmount20.7%
S&W Millbank East River20.4%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities40.9%
    Property16.3%
    Money Market13.4%
    Fixed Interest13.3%
    High Yield Bond7%
  • UK Equities27.6%
    Property16.3%
    Money Market13.4%
    UK Fixed Interest11.7%
    Global High Yield Fixed Interest7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%0.8%7.1%7%17.2%38.5%
Sector-2%0.4%8.9%9.5%18.7%46.9%
Rank within sector89 / 280126 / 279207 / 275213 / 268169 / 240180 / 207
Quartile2nd2nd4th4th3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund7.9%1.8%5.9%9.2%8.4%
Sector9.9%2.2%5%13.5%9%
Rank within sector205 / 268157 / 252101 / 242201 / 224134 / 207
Quartile4th3rd2nd4th3rd
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.
-0.33
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.
0.99
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.
0.36
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%.
6.07
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.
2.11
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.
-0.19
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.
0.88
Price movement
52 week high150.2
52 week low127
Current bid price-
Current offer price-
Current mid price147
Region
No data available.
Industry sector
1Equities40.89%
2Property16.31%
3Money Market13.44%
4Fixed Interest13.25%
5High Yield Bond7.04%
6Others5.09%
7Financials3.31%
8Futures0.68%
Asset type
1UK Equities27.63%
2Property16.31%
3Money Market13.44%
4UK Fixed Interest11.69%
5Global High Yield Fixed Interest7.04%
6Others6.77%
7Europe ex UK Equities5.07%
8Japanese Equities4.6%
9Global Emerging Market Equities3.07%
Individual holdings
1HBOS INVESTMENT FUND MANAGERS LTD UK PROPERTY FD INSTL16.31%
2HALIFAX UK FTSE ALL SHARE INDEX TRACKER I11.79%
3SCOTTISH WIDOWS CORPORATE BOND W11.69%
4SCOTTISH WIDOWS WTAA 1 W GBP9.53%
5ICE FTSE 100 DEC16 FUTURE (EXP 16/12/16)9.18%
6ABERDEEN GLOBAL HIGH YIELD BOND Z ACC7.04%
7SCOTTISH WIDOWS UK ALL SHARE TRACKER X ACC6.31%
8NEWTON REAL RETURN X ACC4.74%
9STANDARD LIFE INVESTMENTS GLOBAL ABSOLUTE RETURN STRATEGIES INST4.71%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund objective
This fund aims to provide long-term capital growth mainly through investment in collective investment schemes. The Fund aims to provide exposure to a combination of equities (which may include UK, overseas and emerging markets), bonds (this may include UK Government bonds, index-linked securities, other UK fixed interest securities, overseas bonds and high yield bonds) and property (which can be both in the UK and overseas). The Fund may also provide exposure to commodities and other alternative assets such as derivatives. This fund invests principally in a range of funds managed by, or operated within, the Lloyds Banking Group. High yield bonds are also known as Non-investment grade bonds. Non-investment grade bonds have not been awarded the minimum rating required to meet the investment grade rating. Therefore they are considered higher risk than bonds with a higher credit rating. Credit ratings indicate the likelihood that an issuer will be able to make their payments.
Benchmark
  • No Specified Index
Investment style
Flexible
Investment method
None
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 Henzell27/06/2010Mark 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
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Balanced Growth D Acc
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.72%
Bid price-
Offer price-
Mid price147
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIXV6
Scottish Widows Balanced Growth E Acc
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.47%
Bid price-
Offer price-
Mid price148.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIXV7
Scottish Widows Balanced Growth F Acc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.27%
Total expense ratio (TER)1.22%
Bid price-
Offer price-
Mid price150.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIXV8
Scottish Widows Balanced Growth 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 codeNGGJ
Scottish Widows Balanced Growth Q
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 codeNGGK
Scottish Widows Balanced Growth R
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 codeNGGL
Scottish Widows Balanced Growth X Acc
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 price99.98
CurrencyGBX
Price updated29/06/2010
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIXV9
Data provided by

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