Fact sheet: Scot Wid Mgd Gth 2

Fund information
Fund name
Scottish Widows Managed Growth 2 L Acc
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund managers
  • Shanshan Zhangsince 02/12/2013
  • Jeff Kingsince 02/12/2013
Fund objective
The Fund aims to achieve a combination of income and capital growth by mainly investing in a portfolio of collective investment schemes.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
8.2%
1 Year rank in sector
-
Sector
UT Unclassified
Yield
2.6%
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.
0.45%
Fund size
£9m (£3m 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.
35
Mid price
116.6
Top in this sector
Fund name1 Year
Santander Global Emg Shs Pfl27.6%
Architas MA Passive Dynamic23.9%
HSBC Wld Sel Dynamic Pfl21.7%
Architas MA Passive Growth20.9%
Aberdeen Stg Index-Linked Bd19.5%
...more in UT Unclassified

Performance snapshot

Holdings snapshot

  • No data available.
  • Fixed Interest65.4%
    Equities33.5%
    Money Market1%
  • UK Fixed Interest54.1%
    UK Equities31.1%
    Global Fixed Interest11.4%
    International Equities2.4%
    Money Market1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-3.2%4.3%8.2%--
Sector-0.1%-0.2%7%9.5%18.8%40.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund8.6%0.8%---
Sector9.4%1.7%5.7%9.6%9.3%
Rank within sector-----
Quartile
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 high120.7
52 week low105.3
Current bid price-
Current offer price-
Current mid price116.6
Region
No data available.
Industry sector
1Fixed Interest65.41%
2Equities33.54%
3Money Market1.04%
Asset type
1UK Fixed Interest54.06%
2UK Equities31.1%
3Global Fixed Interest11.35%
4International Equities2.44%
5Money Market1.04%
Individual holdings
1SCOTTISH WIDOWS CORPORATE BOND W30.48%
2ABERDEEN FOUNDATION GROWTH B ACC20.06%
3SCOTTISH WIDOWS UK FIXED INTEREST TRACKER W16.54%
4ABERDEEN UK PROPERTY FEEDER J INC11.04%
5SCOTTISH WIDOWS OVERSEAS FIXED INTEREST TRACKER W8.24%
6ABERDEEN CORPORATE BOND Q INC7.04%
7ABERDEEN GLOBAL HIGH YIELD BOND Q INC3.11%
8SCOTTISH WIDOWS UNIT TRUST MANAGERS INTERNATIONAL EQTY X ACC2.44%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund objective
The Fund aims to achieve a combination of income and capital growth by mainly investing in a portfolio of collective investment schemes.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Shanshan Zhang02/12/2013Shanshan is responsible for management of desk projects, updating and preparing investment models, providing research and dealing with other ad hoc queries. Prior to joining SWIP she worked for AEGON Asset Management for 1.5 years. Shanshan has a Postgraduate Diploma in Investment and Finance from Edinburgh University, and a BA (Hons) in Business Studies from Napier University. She is IMC qualified.
Jeff King02/12/2013Jeff King manages the Fund. Jeff joined the group in January 1994 and has 24 years' investment management experience, 19 of which have been gained at the group.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Managed Growth 2 L Acc
Initial charge-
Annual charge0.15%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price116.6
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJZ5A
Scottish Widows Managed Growth 2 L Gr Acc
Initial charge-
Annual charge0.15%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.45%
Total expense ratio (TER)0.45%
Bid price-
Offer price-
Mid price118.2
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJZ5B
Data provided by

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