Fact sheet: Scot Wid MM UK Eq Inc Pn

Fund information
Fund name
Scottish Widows Multi Manager UK Equity Income Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Aberdeen Investment Solutions Teamsince 31/03/2015
Underlying fund
Scot Wid MM UK Eq Inc
Fund objective
The fund aims to achieve long-term growth by investing in a select portfolio of mainly UK equities which have an above average dividend income. The portfolio’s investments will be managed by a number of fund managers.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.5%
1 Year rank in sector
114/225
Sector
PN UK Equity Income
Yield
-
Fund size
£20m (£19m 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.
83
Bid price
227.8
Offer price
227.8
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income31.3%
OMW IPLM&GGlLePn25.8%
FL Income Accumulation Pn25.7%
FL Schroder Inc AP25.4%
Zurich Schroder Income Pn24.6%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK91.7%
    International8.3%
  • Financials24.5%
    Industrials15.9%
    Consumer Services15.7%
    Health Care12%
    Consumer Goods9.7%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%-1.2%7.3%7.5%20.5%57.9%
Sector1.3%-0.7%7.2%9.3%20.2%62.5%
Rank within sector149 / 229108 / 22986 / 229114 / 225105 / 205139 / 192
Quartile3rd2nd2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.5%4.5%4.6%21.7%10.9%
Sector8.2%3.9%3.7%23.2%13.2%
Rank within sector115 / 225136 / 22079 / 205134 / 197137 / 192
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.
0.41
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.
0.27
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%.
9.27
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.
1.93
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.
0.22
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 high236.8
52 week low191.2
Current bid price227.8
Current offer price227.8
Current mid price-
Region
1UK91.7%
2International8.3%
Industry sector
1Financials24.52%
2Industrials15.94%
3Consumer Services15.72%
4Health Care12.04%
5Consumer Goods9.71%
6Telecommunications7.19%
7Oil & Gas4.59%
8Basic Materials4.23%
9Utilities3.85%
Asset type
No data available.
Individual holdings
1GLAXOSMITHKLINE4.86%
2ASTRAZENECA PLC4.46%
3BT GROUP3.12%
4IMPERIAL BRANDS PLC2.66%
5ROYAL DUTCH SHELL2.58%
6LEGAL & GENERAL GROUP2.34%
7AVIVA2.24%
8SMITHS GROUP2.19%
9BAE SYSTEMS1.86%
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 select portfolio of mainly UK equities which have an above average dividend income. The portfolio’s investments will be managed by a number of fund managers.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Aberdeen Investment Solutions Team31/03/2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Multi Manager UK Equity Income 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 price219.7
Offer price231.3
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeYW16
Scottish Widows Multi Manager UK Equity Income 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 price227.8
Offer price227.8
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeYW17
Scottish Widows Multi Manager UK Equity Income 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 price171.9
Offer price171.9
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE459
Data provided by

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