Fact sheet: Scot Wid Intl Eq Trk Pn

Fund information
Fund name
Scottish Widows International Equity Tracker Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Andrew Dickinsonsince 21/09/2014
  • Money Markets Teamsince 21/09/2014
Underlying fund
Scot Wid Intl Eq Trk
Fund objective
To give a total return by tracking the performance of a number of international equity indices. The amount invested in each regional index is determined by the allocation to that region within the FTSE All-World ex UK Index (or such other published benchmark considered appropriate from time to time). The fund invests primarily in derivatives. The fund uses a number of methods to track the underlying country and regional equity markets. Discretion may be used in deciding which investments in the index will be included in the fund.
Benchmark
  • FTSE World ex UK
Investment style
Growth
Investment method
Indices
Quick stats
1 Year return
27.2%
1 Year rank in sector
133/961
Sector
PN Global Equities
Yield
-
Fund size
£86m (£76m 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.
97
Bid price
285.2
Offer price
285.2
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn38.2%
RLP Dimensional Gbl Targeted Val Pn36.5%
Stan Life M&G Global Dividend Pn34.9%
Aviva Sch Gbl Eq Inc Pn34.8%
OMW IPL M&G Global Dividend Pn34.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • North America34.8%
    Europe ex UK31.1%
    UK14.5%
    Japan10.7%
    Global Emerging Markets6.5%
  • Futures94.3%
    Fixed Interest16%
    Financials5.7%
    Money Market-16%
  • North American Equities58.9%
    Europe ex UK Equities15.8%
    Japanese Equities9.1%
    UK Equities6%
    Global Emerging Market Equities5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%5.8%20.3%27.2%45.2%85.6%
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector320 / 1039204 / 1035157 / 1025133 / 961194 / 849313 / 751
Quartile2nd1st1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund25.9%1.7%11.6%18.4%10.8%
Sector18.7%3.7%7.8%21.4%11.2%
Rank within sector128 / 963737 / 921161 / 849669 / 820501 / 752
Quartile1st4th1st4th3rd
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.
1.54
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.
1.07
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.
0.79
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%.
11.25
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.
3.08
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.
0.69
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.
0.93
Price movement
52 week high289.2
52 week low203.3
Current bid price285.2
Current offer price285.2
Current mid price-
Region
1North America34.76%
2Europe ex UK31.08%
3UK14.48%
4Japan10.65%
5Global Emerging Markets6.54%
6Pacific ex-Japan2.49%
Industry sector
1Futures94.25%
2Fixed Interest16.02%
3Financials5.71%
4Money Market-15.97%
Asset type
1North American Equities58.87%
2Europe ex UK Equities15.75%
3Japanese Equities9.07%
4UK Equities5.98%
5Global Emerging Market Equities5.71%
6Asia Pacific ex Japan Equities4.59%
7Global Fixed Interest1.56%
8Money Market-1.52%
Individual holdings
1S&P 500 FUTURE DEC16 FUT (15/12/16) ETD38.65%
2CME S&P 500 EMINI DEC16 FUTURE (EXP 16/12/16)17.23%
3OSE TOPIX INDX DEC16 FUTURE (EXP 08/12/16)9.07%
4SUMITOMO BK FD 0.22PCT 30SEP16 03OCT16 GBP6.05%
5ICE MSCI EM DEC16 FUTURE (EXP 16/12/16)5.98%
6ISHARES MSCI EMERGING MARKETS ETF5.71%
7ABERDEEN GLOBAL LIQUIDITY (LUX) STERLING Z34.06%
8QATAR NATL BANK LONDON 0% CD 18/07/16-18/11/163.98%
9DANSKE BANK A/S 0.5% CT OF DEP 06/03/17 GBP13.91%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
To give a total return by tracking the performance of a number of international equity indices. The amount invested in each regional index is determined by the allocation to that region within the FTSE All-World ex UK Index (or such other published benchmark considered appropriate from time to time). The fund invests primarily in derivatives. The fund uses a number of methods to track the underlying country and regional equity markets. Discretion may be used in deciding which investments in the index will be included in the fund.
Benchmark
  • FTSE World ex UK
Investment style
Growth
Investment method
Indices
Fund managers
NameSinceBiography
Andrew Dickinson21/09/2014Andrew Dickinson, Director, is Head of the Short Duration and Off-shore Cash Management teams. Andrew joined Credit Suisse in 1994 and worked in equities for the Private Bank in London, moving to fixed income management in Asset Management in 1996. Andrew's experience includes risk management and portfolio management of long duration and multi-currency portfolios, in addition to his current focus on the short end of the yield curve. Andrew earned a BA (Hons) in Economics and Information Technology from the University of Western England
Money Markets Team21/09/2014
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows International Equity Tracker Pension Series 1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.88%
Total expense ratio (TER)0.88%
Bid price276.1
Offer price290.7
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSO57
Scottish Widows International Equity Tracker Pension Series 2
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price285.2
Offer price285.2
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSA80
Scottish Widows International Equity Tracker Pension Series 3
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1%
Total expense ratio (TER)1%
Bid price285.4
Offer price285.4
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSO61
Scottish Widows International Equity Tracker Pension Series 4
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.1%
Bid price232
Offer price232
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE546
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