Fact sheet: Scot Wid MM UK Eq Gth

Fund information
Fund name
Scottish Widows Multi-Manager UK Equity Growth B Inc
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund managers
  • Mark Henzellsince 30/06/2013
  • Matthew Daviessince 24/10/2004
Fund objective
The Fund's aim is to a combination of income and growth of capital by investing at least two-thirds of the Fund's total assets in shares and other equity instruments issued by companies domiciled in or carrying on a preponderant part of their business activities in the UK.
Benchmark
  • FTSE All Share Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
4.2%
1 Year rank in sector
166/277
Sector
UT UK All Companies
Yield
2.4%
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.
1.02%
Fund size
£162m (£232m 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.
96
Mid price
140.6
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry44%
Schroder Recovery20.2%
UBS UK Opportunities19.9%
Charity Equity18.1%
R&M UK Equity Long Term Recovery17.8%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.4%-0.5%6.5%4.2%10.8%56.1%
Sector-0.5%0.5%7.6%6.1%14%60.7%
Rank within sector181 / 284119 / 283147 / 280166 / 277195 / 263157 / 250
Quartile3rd2nd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.7%1.1%1.5%26%14.2%
Sector7%3.7%0.6%25.7%14.8%
Rank within sector152 / 278191 / 269103 / 264129 / 257131 / 251
Quartile3rd3rd2nd3rd3rd
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.
-1.12
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.
1.05
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.
0.05
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.
2.15
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.
-0.44
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.
0.96
Price movement
52 week high146.2
52 week low119.4
Current bid price-
Current offer price-
Current mid price140.6
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 Wid UT Mgr Limited
Fund type
OEIC
Fund objective
The Fund's aim is to a combination of income and growth of capital by investing at least two-thirds of the Fund's total assets in shares and other equity instruments issued by companies domiciled in or carrying on a preponderant part of their business activities in the UK.
Benchmark
  • FTSE All Share Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
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.
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.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Multi-Manager UK Equity Growth A Acc
Initial charge5%
Annual charge1.7%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.82%
Total expense ratio (TER)1.82%
Bid price-
Offer price-
Mid price197
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLY96
Scottish Widows Multi-Manager UK Equity Growth B Acc GBP
Initial charge-
Annual charge0.45%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price112.3
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJQDG
Scottish Widows Multi-Manager UK Equity Growth B Inc
Initial charge-
Annual charge0.45%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.02%
Total expense ratio (TER)1.02%
Bid price-
Offer price-
Mid price140.6
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeQW95
Scottish Widows Multi-Manager UK Equity Growth P Inc
Initial charge3.75%
Annual charge0.65%
Min single investment£5,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price165
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeLY95
Scottish Widows Multi-Manager UK Equity Growth Q Inc
Initial charge-
Annual charge0.2%
Min single investment£5,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.94%
Total expense ratio (TER)0.94%
Bid price-
Offer price-
Mid price163
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGNBT
Scottish Widows Multi-Manager UK Equity Growth X Acc
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.57%
Bid price-
Offer price-
Mid price193.2
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTK85
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