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 07/05/2012
  • Jeff Kingsince 07/05/2012
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
5.5%
1 Year rank in sector
317/462
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£9m (£10m 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.
35
Bid price
136.2
Offer price
136.2
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn25.2%
AXA Wealth TEAMS cl Gvn ptfl VPn19.1%
AXA Wealth TEAMS cl Gvn ptfl IVPn18.4%
AXA Wealth TEAMS cl Gvn ptfl IIIPn16.4%
Aviva Invtec Caut Mgd Pn16%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK67.5%
    International15.6%
    Luxembourg11.4%
    Not Specified6.8%
    Germany4.1%
  • Others33.1%
    Industrials13.1%
    Mutual Funds10.1%
    Financials8.7%
    Government Bonds8.3%
  • UK Equities19.3%
    US Equities8.4%
    Money Market7.7%
    International Equities7%
    Global Fixed Interest6.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%0.7%4%5.5%11%24%
Sector-1.1%-2%5.8%8.1%17.7%38.5%
Rank within sector8 / 52948 / 529388 / 517317 / 462324 / 399311 / 339
Quartile1st1st4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund5.2%0.8%3.3%4.9%8.6%
Sector8.4%1.3%6%8.3%9.4%
Rank within sector350 / 463262 / 425326 / 399341 / 381225 / 339
Quartile4th3rd4th4th3rd
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.
-0.14
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.
0.65
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%.
4.16
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.
2.94
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.
-0.67
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.
0.68
Price movement
52 week high137.1
52 week low123.1
Current bid price136.2
Current offer price136.2
Current mid price-
Region
1UK67.5%
2International15.62%
3Luxembourg11.41%
4Not Specified6.81%
5Germany4.14%
6India3.09%
7Switzerland2.53%
8Korea2.47%
9Hong Kong1.74%
Industry sector
1Others33.05%
2Industrials13.12%
3Mutual Funds10.15%
4Financials8.71%
5Government Bonds8.26%
6Utilities5.9%
7Consumer Staples5.8%
8Health Care3.97%
9Real Estate3.39%
Asset type
1UK Equities19.32%
2US Equities8.39%
3Money Market7.7%
4International Equities7.04%
5Global Fixed Interest6.55%
6Australian Fixed Interest6.09%
7Others5.85%
8Japanese Equities4.3%
9Indian Fixed Interest3.09%
Individual holdings
1BENTHAM WHOLESALE6.1%
2NB GBL FLOATING RATE IN GBP4.2%
3FUNDROCK AQR MANAGED FUTURES3.8%
4OSE TOPIX INDX DEC16 FUTURE3.4%
5ABERDEEN GLOBAL INDIAN BOND FUND3.1%
6EUX SX5E DIV DEC18 FUTURE2.9%
7ICE MINI MSCI EMG MKTS DEC16 FUTURE2.4%
8CATCO REINSURANCE OPPORTUNITIES2.3%
9ABERDEEN GLOBAL EMERGING MKTS LOCAL CURR BOND FUND2.2%
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 Zhang07/05/2012Shanshan 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 King07/05/2012Jeff 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 price131
Offer price137.8
Mid price-
CurrencyGBX
Price updated05/12/2016
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 price136.2
Offer price136.2
Mid price-
CurrencyGBX
Price updated05/12/2016
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 price149.6
Offer price149.6
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAKJ1
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.