Fact sheet: Scot Wid MM UK Eq Inc

Fund information
Fund name
Scottish Widows Multi-Manager UK Equity Income B Acc GBP
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund managers
  • Aberdeen Investment Solutions Teamsince 31/03/2015
Fund objective
The Fund's aim is to provide an income above the average for UK equity funds by investing in shares and other equity instruments with a high dividend paying ratio and long-term capital growth.
Benchmark
  • FTSE All Share Index
Investment style
None
Investment method
Shares
Quick stats
1 Year return
3.2%
1 Year rank in sector
32/88
Sector
UT UK Equity Income
Yield
3.9%
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.
1.01%
Fund size
£1,234m (£1,411m 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
Mid price
119.9
Top in this sector
Fund name1 Year
UBS UK Equity Income23%
Scot Wid Fdmtl Index UK Equity17.8%
SVS Church House DeepValInvts16%
SJP UK Growth12.7%
Jupiter Income Trust12.5%
...more in UT 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.

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.8%-2.4%5.6%3.2%--
Sector-1.7%-2.4%4.3%2.5%14.6%58.3%
Rank within sector47 / 9343 / 9327 / 9332 / 88--
Quartile3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund4.8%5.3%5.4%--
Sector3.7%4.9%2.8%24.8%13.5%
Rank within sector29 / 8948 / 8419 / 80--
Quartile2nd3rd1st
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 high127.4
52 week low102.4
Current bid price-
Current offer price-
Current mid price119.9
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 Wid UT Mgr Limited
Fund type
OEIC
Fund objective
The Fund's aim is to provide an income above the average for UK equity funds by investing in shares and other equity instruments with a high dividend paying ratio and long-term capital growth.
Benchmark
  • FTSE All Share Index
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Aberdeen Investment Solutions Team31/03/2015
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Multi-Manager UK Equity Income A Acc
Initial charge5%
Annual charge1.7%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price207.8
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLY98
Scottish Widows Multi-Manager UK Equity Income A Inc
Initial charge5%
Annual charge1.7%
Min single investment£1,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)1.81%
Total expense ratio (TER)1.81%
Bid price-
Offer price-
Mid price112.4
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTM94
Scottish Widows Multi-Manager UK Equity Income B Acc GBP
Initial charge-
Annual charge0.42%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price119.9
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJQDE
Scottish Widows Multi-Manager UK Equity Income B Inc GBP
Initial charge-
Annual charge0.42%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price107.1
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJQDF
Scottish Widows Multi-Manager UK Equity Income C Acc
Initial charge-
Annual charge0.72%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price121.9
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJENU
Scottish Widows Multi-Manager UK Equity Income C Inc
Initial charge-
Annual charge0.72%
Min single investment£1,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price107.2
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJENV
Scottish Widows Multi-Manager UK Equity Income P
Initial charge3.75%
Annual charge0.2%
Min single investment£5,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price142.1
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeLY97
Scottish Widows Multi-Manager UK Equity Income Q Inc
Initial charge-
Annual charge0.2%
Min single investment£5,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.96%
Total expense ratio (TER)0.96%
Bid price-
Offer price-
Mid price142.5
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeGNBU
Scottish Widows Multi-Manager UK Equity Income X Acc
Initial charge-
Annual charge-
Min single investment£5,000,000
Min regular saving£10,000
Available in ISANo
Ongoing charge (OCF)0.59%
Total expense ratio (TER)0.59%
Bid price-
Offer price-
Mid price200.8
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTK45
Data provided by

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