Fact sheet: Scot Wid MM UK Eq Gth Pn

Fund information
Fund name
Scottish Widows Multi Manager UK Equity Growth Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Matthew Daviessince 24/10/2004
  • Mark Henzellsince 30/06/2013
No data available.
Fund objective
The fund aims to achieve long-term growth by investing in a diversified portfolio of mainly UK equities. The portfolio’s investments will be managed by a number of fund managers. Fund managers are selected and assets are allocated in conjunction with Russell Investment Group.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
10.3%
1 Year rank in sector
389/845
Sector
PN UK All Companies
Yield
-
Fund size
£14m (£14m 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.
95
Bid price
218.7
Offer price
218.7
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn50.2%
Fidelity UBS UK Select Pn31.2%
Halifax IM UK Growth Pn30.9%
CM UBS UK Opportunities Pension30.7%
SW UBS UK Opps Pn30.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.1%1.4%8.3%10.3%13.9%54.6%
Sector2.1%0.1%7.1%8.2%16.6%60%
Rank within sector197 / 867204 / 864419 / 863389 / 845541 / 807454 / 758
Quartile1st1st2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.3%0.4%0.9%25%13.3%
Sector7.1%4.4%0.6%24.2%15.4%
Rank within sector421 / 845624 / 833359 / 808350 / 787363 / 760
Quartile2nd3rd2nd2nd2nd
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.
-1.08
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.
1.01
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
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%.
10.15
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.
2.61
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.
-0.41
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 high220.8
52 week low176.6
Current bid price218.7
Current offer price218.7
Current mid price-
Region
1UK100%
Industry sector
1Financials22.85%
2Consumer Services19.29%
3Industrials16.25%
4Oil & Gas9.51%
5Consumer Goods8.33%
6Health Care7.82%
7Basic Materials5.35%
8Telecommunications4.22%
9Utilities3.9%
Asset type
1UK Equities100%
Individual holdings
1ROYAL DUTCH SHELL4.76%
2GLAXOSMITHKLINE3.89%
3HSBC HLDGS3.87%
4BP3.71%
5BARCLAYS PLC2.99%
6LLOYDS BANKING GROUP PLC2.42%
7ASTRAZENECA PLC2.28%
8MORRISON(WM.)SUPERMARKETS2.25%
9VODAFONE GROUP2.22%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
The fund aims to achieve long-term growth by investing in a diversified portfolio of mainly UK equities. The portfolio’s investments will be managed by a number of fund managers. Fund managers are selected and assets are allocated in conjunction with Russell Investment Group.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Matthew Davies24/10/2004Matthew Davies manages the Fund. Matthew joined SWIP in October 2006 and has 11 years' investment management experience, 7 of which have been gained at SWIP.
Mark Henzell30/06/2013Mark is a member of the Multi-Asset Funds team. In addition, the team also run several multi-asset fund-of-fund portfolios, which include the Lloyds TSB mass market retail fund range. More recently Mark has been involved with the new wealth management business. Mark joined the group in 1996, initially as a desk dealer on the Far East and Japanese desks, before moving onto the global strategy team. He joined the balanced funds team in 2002.Previously, Mark worked at Baring Asset Management in London, initially on the graduate training programme, covering both Private Client Investments and Fixed Income securities. Mark has also spent time with Kleinwort Benson Securities with experience in the Eurobond and money markets.Mark holds a BSc (Hons) in Economics from Buckingham University, and an MPhil in Management, Economics and Politics from St Andrews University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Multi Manager UK Equity Growth Pension Series 1
Initial charge-
Annual charge1.58%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.58%
Total expense ratio (TER)1.58%
Bid price210.9
Offer price222
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeYW13
Scottish Widows Multi Manager UK Equity Growth Pension Series 2
Initial charge-
Annual charge1.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.7%
Total expense ratio (TER)1.7%
Bid price218.7
Offer price218.7
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeYW14
Scottish Widows Multi Manager UK Equity Growth Pension Series 4
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.9%
Total expense ratio (TER)0.9%
Bid price175.3
Offer price175.3
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE456
Data provided by

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