Fact sheet: Scot Wid Mgd Inc Pfl

Fund information
Fund name
Scottish Widows Managed Income Portfolio A Acc
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund managers
  • Matthew Daviessince 30/06/2013
  • Mark Henzellsince 22/08/2004
Fund objective
To give an income, or growth (when income is kept in the Portfolio).To do so by investing principally in funds within the Lloyds Banking Group. The Portfolio will invest predominantly in fixed interest security funds (including a small proportion in index-inked securities), with a small proportion in one or more equity funds. Exposure will be mainly to UK investments but with a significant proportion overseas.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
6%
1 Year rank in sector
116/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
1.6%
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.
1.38%
Fund size
£187m (£197m 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.
32
Mid price
162.4
Top in this sector
Fund name1 Year
S&W The Magpie18.8%
AXA Global Distribution16.6%
S&W Wessex15.2%
Investec Caut Mgd14.6%
HSBC Open Global Return14.4%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • Fixed Interest60.5%
    Money Market15%
    Equities14.2%
    High Yield Bond10%
    Futures0.2%
  • UK Fixed Interest47.5%
    Money Market15%
    Global Fixed Interest13%
    Global High Yield Fixed Interest10%
    UK Equities9.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%-3.5%4%6%10.6%24.2%
Sector-1.8%-0.8%5.8%6.4%14.6%34.7%
Rank within sector160 / 214201 / 213164 / 210116 / 204148 / 173133 / 144
Quartile3rd4th4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund7.1%-1.4%5.3%1.1%8.5%
Sector7.3%1.2%5%9%8%
Rank within sector113 / 204176 / 19094 / 175158 / 16187 / 145
Quartile3rd4th3rd4th3rd
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.
0.24
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.
0.61
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.
0.04
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%.
4.55
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.
3.6
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.
-0.52
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.
0.62
Price movement
52 week high169.9
52 week low149
Current bid price-
Current offer price-
Current mid price162.4
Region
No data available.
Industry sector
1Fixed Interest60.5%
2Money Market14.98%
3Equities14.23%
4High Yield Bond10.04%
5Futures0.24%
Asset type
1UK Fixed Interest47.51%
2Money Market14.98%
3Global Fixed Interest12.99%
4Global High Yield Fixed Interest10.04%
5UK Equities9.13%
6International Equities4.54%
7North American Equities0.56%
8Futures0.24%
Individual holdings
1SCOTTISH WIDOWS CORPORATE BOND W20.27%
2ABERDEEN CORPORATE BOND A INC15.29%
3ABERDEEN GLOBAL LIQUIDITY (LUX) ULTRA SHORT DURATION STERLING Z2 ACC14.87%
4ABERDEEN GLOBAL HIGH YIELD BOND Z ACC10.04%
5SCOTTISH WIDOWS UK EQUITY INCOME A INC9.13%
6ABERDEEN EURO CORPORATE BOND I INC5.78%
7SCOTTISH WIDOWS INTERNATIONAL BOND W5.73%
8ABERDEEN CORPORATE BOND Z ACC5.13%
9SCOTTISH WIDOWS GILT W4.38%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund objective
To give an income, or growth (when income is kept in the Portfolio).To do so by investing principally in funds within the Lloyds Banking Group. The Portfolio will invest predominantly in fixed interest security funds (including a small proportion in index-inked securities), with a small proportion in one or more equity funds. Exposure will be mainly to UK investments but with a significant proportion overseas.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Matthew Davies30/06/2013Matthew 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 Henzell22/08/2004Mark 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
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Managed Income Portfolio A Acc
Initial charge3.5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price162.4
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZB09
Scottish Widows Managed Income Portfolio A Inc
Initial charge3.5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.38%
Total expense ratio (TER)1.4%
Bid price-
Offer price-
Mid price122
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZB08
Scottish Widows Managed Income Portfolio G Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRCT
Scottish Widows Managed Income Portfolio G Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFRCU
Scottish Widows Managed Income Portfolio P Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGIF
Scottish Widows Managed Income Portfolio P Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNGIG
Scottish Widows Managed Income Portfolio X Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJDVI
Data provided by

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