Fact sheet: Scot Wid Divfd Ast Pn

Fund information
Fund name
Scottish Widows Diversified Assets Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Shanshan Zhangsince 08/05/2012
  • Jeff Kingsince 08/05/2012
Underlying fund
Aberdeen Diversified Growth
Fund objective
The Fund aims to achieve a total return of cash (Bank of England Base Rate) plus 3.25% p.a. over the long term, gross of fees and tax (where applicable). Risk is managed by diversifying the fund’s holdings across a range of asset classes and geographic regions. The Fund’s holdings will vary over time to reflect the market view of the fund manager. Investments will include exposure to equities, fixed interest securities, money market instruments and cash deposits. The exposure may be achieved either directly or indirectly through other funds such as collective investment schemes. The Fund may also gain indirect exposure to alternative asset classes (such as property, private equity and permitted commodities) through investment in units and/or shares of funds, companies and other vehicles which invest in such assets. The Fund may also invest in hedge and absolute return type funds. In certain market conditions, all of the assets of the Fund may at any time consist of fixed interest securities, money market instruments and cash deposits depending on the views of the fund manager.
Benchmark
  • 1 Month GBP LIBOR +4%
Investment style
Cautious
Investment method
No data available.
Quick stats
1 Year return
10.8%
1 Year rank in sector
377/496
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£8m (£9m 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.
33
Bid price
144.8
Offer price
144.8
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn43.8%
OMW IPL F&COs EqLnkUKInflPn39.9%
OMW IPL F&C Os EqLkUK GltPn29%
Aegon Dynamic Lifestyle 2023 (RR)Pn27%
AXA Wealth TEAMS cl Gvn ptfl VPn26.8%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK74.8%
    Luxembourg12.3%
    Not Specified8.6%
    International7.4%
    Ireland4.4%
  • Others33.5%
    Government Bonds16.2%
    Industrials12.5%
    Financials10.5%
    Mutual Funds5.8%
  • UK Equities23.5%
    US Equities8.5%
    Australian Fixed Interest7.8%
    International Equities6.4%
    Others6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%3.8%5.9%10.8%15.7%30%
Sector0.6%3.1%3.3%13.4%21.8%41.4%
Rank within sector31 / 536136 / 53530 / 525377 / 496324 / 417307 / 359
Quartile1st2nd1st4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund4.6%6.9%0.8%3.3%4.9%
Sector2.9%11.8%1.3%6%8.3%
Rank within sector40 / 528401 / 465268 / 429331 / 403347 / 386
Quartile1st4th3rd4th4th
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.
0.27
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.
0.63
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.
0.26
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%.
4.15
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.
3.12
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.
-0.7
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.
0.65
Price movement
52 week high144.9
52 week low128.4
Current bid price144.8
Current offer price144.8
Current mid price-
Region
1UK74.8%
2Luxembourg12.27%
3Not Specified8.64%
4International7.38%
5Ireland4.39%
6Germany3.45%
7Russia2.07%
8Korea2.02%
9South Africa1.96%
Industry sector
1Others33.46%
2Government Bonds16.17%
3Industrials12.45%
4Financials10.49%
5Mutual Funds5.75%
6Information Technology4.37%
7Consumer Staples3.41%
8Utilities3.29%
9Health Care2.77%
Asset type
1UK Equities23.46%
2US Equities8.52%
3Australian Fixed Interest7.84%
4International Equities6.39%
5Others6.22%
6Money Market5.79%
7Hedge4.11%
8Futures3.2%
9Japanese Equities3.09%
Individual holdings
1ACAFP 2.625 '27 EUR7.4%
2ABERDEEN GLOBAL INDIAN BOND FUND4%
3PRYTANIA DIVERSIFIED ASSET BACKED SECURITIES FUND3.9%
4ALTERNATIVE RISK PREMIA3%
5EUX SX5E DIV DEC18 FUTURE3%
6FUNDROCK AQR MANAGED FUTURES FUND2.9%
7NB GLOBAL FLOATING RATE INCOME2.6%
8ABERDEEN DIVERSIFIED INCOME AND GROWTH TRUST PLC ORD 25P2.2%
9CATCO REINSURANCE OPPORTUNITIES2.1%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
The Fund aims to achieve a total return of cash (Bank of England Base Rate) plus 3.25% p.a. over the long term, gross of fees and tax (where applicable). Risk is managed by diversifying the fund’s holdings across a range of asset classes and geographic regions. The Fund’s holdings will vary over time to reflect the market view of the fund manager. Investments will include exposure to equities, fixed interest securities, money market instruments and cash deposits. The exposure may be achieved either directly or indirectly through other funds such as collective investment schemes. The Fund may also gain indirect exposure to alternative asset classes (such as property, private equity and permitted commodities) through investment in units and/or shares of funds, companies and other vehicles which invest in such assets. The Fund may also invest in hedge and absolute return type funds. In certain market conditions, all of the assets of the Fund may at any time consist of fixed interest securities, money market instruments and cash deposits depending on the views of the fund manager.
Benchmark
  • 1 Month GBP LIBOR +4%
Investment style
Cautious
Investment method
No data available.
Fund managers
NameSinceBiography
Shanshan Zhang08/05/2012Shanshan 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.
Jeff King08/05/2012Jeff King manages the Fund. Jeff joined the group in January 1994 and has 24 years' investment management experience, 19 of which have been gained at the group.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Diversified Assets Pension Series 1
Initial charge1.48%
Annual charge1.48%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.48%
Bid price139.2
Offer price146.5
Mid price-
CurrencyGBX
Price updated27/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeAKJ3
Scottish Widows Diversified Assets Pension Series 2
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price144.8
Offer price144.8
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAKJ2
Scottish Widows Diversified Assets Pension Series 4
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.6%
Bid price159.6
Offer price159.6
Mid price-
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAKJ1
Data provided by

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