Fact sheet: Scot Wid GTAA 1

Fund information
Fund name
Scottish Widows GTAA 1
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund managers
  • Heather McKaysince 26/06/2014
  • Tony Fostersince 26/06/2014
Fund objective
No data available.
Benchmark
No data available.
Investment style
Absolute Return,Flexible
Investment method
None
Quick stats
1 Year return
2%
1 Year rank in sector
-
Sector
UT Unclassified
Yield
0.4%
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.
0.01%
Fund size
£0m
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.
27
Mid price
100.4
Top in this sector
Fund name1 Year
Santander Global Emg Shs Pfl33.2%
Aberdeen Stg Index-Linked Bd27%
Scot Wid UK Index Linked Gilt25%
FP Aggressive Portfolio Overlay24.2%
HSBC Wld Sel Dynamic Pfl23.8%
...more in UT Unclassified

Performance snapshot

Holdings snapshot

  • UK88.8%
    North America9.6%
    Europe ex UK0.8%
    Japan0.6%
    Pacific ex-Japan0.2%
  • Money Market96.1%
    Futures3.9%
  • Money Market96.1%
    Futures3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%0.7%2.8%2%--
Sector0.4%2.9%3.5%13.7%22.6%41.9%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund1.4%-2.5%1.8%--
Sector3%11.5%1.7%5.7%9.6%
Rank within sector-----
Quartile
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high100.5
52 week low96.11
Current bid price-
Current offer price-
Current mid price100.4
Region
1UK88.79%
2North America9.59%
3Europe ex UK0.84%
4Japan0.6%
5Pacific ex-Japan0.18%
Industry sector
1Money Market96.11%
2Futures3.89%
Asset type
1Money Market96.11%
2Futures3.89%
Individual holdings
1SCOTTISH WIDOWS UNIT TRUST GTAA 1 CASH GBP83.82%
2BUY PROT CDX.NA.IG.28 VERSION 1 1.0% 20/06/2022 BC29.42%
3ICE LONG GILT JUN17 FUTURE (EXP 28/06/17)20.26%
4OSE TOPIX INDX JUN17 FUTURE (EXP 08/06/17)19.84%
5SFE AUST 10YR BOND JUN17 FUTURE (EXP 15/06/17)13.89%
6ABERDEEN GLOBAL LIQUIDITY (LUX) STERLING Z311.45%
7ICE MINI MSCI EMG MRKTS JUN17 FUTURE (EXP 16/06/17)10.09%
8FESX.FUT.DEC13 EURO STOXX 5010.01%
9USD LIABILITY9.8%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund objective
No data available.
Benchmark
No data available.
Investment style
Absolute Return,Flexible
Investment method
None
Fund managers
NameSinceBiography
Heather McKay26/06/2014
Tony Foster26/06/2014Tony is an investment director on the global equity team with particular involvement in UK stocks. Tony joined SWIP in 2000 and was responsible for managing the UK equity portfolios for SWIP's Life Assurance and Unit-linked Pension fund clients and for managing a fund of investment trusts. His research responsibilities included the following sectors: automobiles & parts, chemicals, construction & materials, electronic & electrical equipment, food producers, forestry & paper, general industrials, industrial engineering, industrial metals, investment trusts, mining, oil equipment, services & distribution and support services. Prior to joining SWIP, Tony spent nearly 12 years with Baillie Gifford. He initially trained as an analyst in UK equities before gaining six years experience as a fund manager in Pacific (ex Japan) equities. In 1995, he became a senior fund manager covering large UK companies. Tony holds a BA (Hons) in metallurgy, economics and management from the University of Oxford and is an Associate of the UK Society of Investment Professionals.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows GTAA 1
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price100.4
CurrencyGBX
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ6EK
Data provided by

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