Fact sheet: Scot Wid Defensive Solution

Fund information
Fund name
Scottish Widows Defensive Solution G Acc
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund managers
  • Shanshan Zhangsince 01/07/2013
  • Hamish Campbellsince 01/01/2011
Fund objective
To give an income, or growth (when income is kept in the fund) by investing mainly in funds such as collective investment schemes. The fund will provide exposure generally to fixed interest securities (including UK government bonds, other UK fixed interest securities and overseas high yield bonds). The fund will also provide exposure to equities (including UK and overseas equities), property, commodities and other asset classes. Exposure will be mainly to UK investments but with a significant proportion overseas. 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
Cautious
Investment method
None
Quick stats
1 Year return
6.9%
1 Year rank in sector
198/206
Sector
UT Mixed Investment 20%-60% Shares
Yield
1.9%
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.
1.13%
Fund size
£55m (£55m 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.
25
Mid price
118.2
Top in this sector
Fund name1 Year
S&W The Magpie31.7%
S&W Wessex22.8%
Omnis Multi-Asset Income21.1%
SVS TPI Balanced 221%
AXA Lifetime Distribution20.9%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • Fixed Interest52%
    Equities20.7%
    Property12.1%
    High Yield Bond6.8%
    Others4%
  • UK Fixed Interest45.1%
    UK Equities12.1%
    Property12.1%
    Global Fixed Interest6.9%
    Global High Yield Fixed Interest6.8%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%1.5%6.9%10.9%-
Sector0.3%2.7%4%12.4%19.4%35.2%
Rank within sector152 / 214152 / 213194 / 210198 / 206170 / 178-
Quartile3rd3rd4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.9%4.7%1%4.2%4.2%
Sector2.5%10.3%1.2%5%9%
Rank within sector159 / 213191 / 200120 / 187129 / 173146 / 159
Quartile3rd4th3rd3rd4th
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.
0.07
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.
0.48
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%.
3.32
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.
3.49
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.
-0.97
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.
0.72
Price movement
52 week high118.5
52 week low110.7
Current bid price-
Current offer price-
Current mid price118.2
Region
No data available.
Industry sector
1Fixed Interest52.04%
2Equities20.74%
3Property12.08%
4High Yield Bond6.81%
5Others4.04%
6Money Market3.99%
7Futures0.28%
Asset type
1UK Fixed Interest45.12%
2UK Equities12.13%
3Property12.08%
4Global Fixed Interest6.92%
5Global High Yield Fixed Interest6.81%
6Others4.04%
7Money Market3.99%
8Europe ex UK Equities3.86%
9International Equities2.79%
Individual holdings
1ABERDEEN STERLING OPPORTUNISTIC CORPORATE BOND A INC21.86%
2ABERDEEN CORPORATE BOND A INC16.46%
3ABERDEEN UK PROPERTY FEEDER A INC9.88%
4INVESCO PERPETUAL CORPORATE BOND Z INC6.31%
5SCOTTISH WIDOWS MULTI-MANAGER UK EQUITY INCOME A INC5.99%
6JUL BAER ABSOLUTE RETURN BOND A GBP4.04%
7Aberdeen Alternative Strategies Q3.99%
8INSIGHT GLOBAL ABSOLUTE RETURN INST W ACC3.97%
9NORDEA 1 GBP DIVERSIFIED RETURN BD3.86%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund objective
To give an income, or growth (when income is kept in the fund) by investing mainly in funds such as collective investment schemes. The fund will provide exposure generally to fixed interest securities (including UK government bonds, other UK fixed interest securities and overseas high yield bonds). The fund will also provide exposure to equities (including UK and overseas equities), property, commodities and other asset classes. Exposure will be mainly to UK investments but with a significant proportion overseas. 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
Cautious
Investment method
None
Fund managers
NameSinceBiography
Shanshan Zhang01/07/2013Shanshan is responsible for management of desk projects, updating and preparing investment models, providing research and dealing with other ad hoc queries. Prior to joining SWIP she worked for AEGON Asset Management for 1.5 years. Shanshan has a Postgraduate Diploma in Investment and Finance from Edinburgh University, and a BA (Hons) in Business Studies from Napier University. She is IMC qualified.
Hamish Campbell01/01/2011Hamish is deputy manager for Bancassurance and UKPB fund ranges. He transferred from the multi-manager team where he was responsible for manager selection and portfolio construction, predominantly in alternatives. Hamish transferred to SWIP as an Investment Manager in December 2006 from Lloyds TSB Private Banking Limited when the investment research function was outsourced to SWIP. Hamish has been with the Lloyds Group since 2001 having previously worked as a private client portfolio manager with a number of institutions. Hamish joined Lloyds initially as a portfolio manager responsible for the management of the Private Banks’ UK equity portfolio before electing to transfer to manager selection. Hamish holds a BA (Hons) in Business and a diploma in Investment Analysis.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Defensive Solution A Acc
Initial charge3.5%
Annual charge1.35%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price135.3
CurrencyGBX
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTQ90
Scottish Widows Defensive Solution A Inc
Initial charge3.5%
Annual charge1.35%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.63%
Total expense ratio (TER)1.58%
Bid price-
Offer price-
Mid price105.5
CurrencyGBX
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTP95
Scottish Widows Defensive Solution G Acc
Initial charge-
Annual charge0.85%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price118.2
CurrencyGBX
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGS4T
Scottish Widows Defensive Solution G Inc
Initial charge-
Annual charge0.85%
Min single investment£1,000
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price108.7
CurrencyGBX
Price updated28/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGS4U
Data provided by

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