Fact sheet: Scot Wid Momentum Inc Pfl

Fund information
Fund name
Scottish Widows Momentum Income Portfolio A Acc
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund managers
  • Mark Henzellsince 22/08/2004
  • Matthew Daviessince 30/06/2013
Fund objective
To give an income with some potential for long-term capital growth. To do so by investing principally in funds within the Lloyds Banking Group. The Portfolio will invest mainly in fixed interest security funds (including a proportion in index-linked securities), with a proportion in one or more equity funds. Exposure will be mainly to UK investments but also overseas.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
7.2%
1 Year rank in sector
38/75
Sector
UT Mixed Investment 0%-35% Shares
Yield
1.9%
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.
1.37%
Fund size
£595m (£640m 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.
36
Mid price
170.7
Top in this sector
Fund name1 Year
BlackRock NURS II Consensus 3515.7%
SVS TPI Cautious 315.1%
Old Mutual Cirilium Cons12.2%
SJP Strategic Income11.9%
7IM AAP Income10.7%
...more in UT Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • Fixed Interest58.1%
    Equities19.3%
    Money Market12.1%
    High Yield Bond10.4%
    Futures0.3%
  • UK Fixed Interest53.7%
    UK Equities15.2%
    Money Market12.1%
    Global High Yield Fixed Interest10.4%
    Global Fixed Interest4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-3.2%4.8%7.2%13.1%27.6%
Sector-0.8%-1.3%4.1%6.3%13.1%25.3%
Rank within sector53 / 8378 / 8331 / 8238 / 7536 / 5824 / 41
Quartile3rd4th2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund8.1%-1.5%5.7%3.5%7.8%
Sector6.6%0.3%5.2%4.2%6.3%
Rank within sector27 / 7559 / 6124 / 5840 / 5123 / 43
Quartile2nd4th2nd4th3rd
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.
-0.08
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.
0.7
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.
0.06
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%.
5.07
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.
3.51
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.
-0.5
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.
0.64
Price movement
52 week high176.5
52 week low153.7
Current bid price-
Current offer price-
Current mid price170.7
Region
No data available.
Industry sector
1Fixed Interest58.08%
2Equities19.25%
3Money Market12.06%
4High Yield Bond10.35%
5Futures0.25%
Asset type
1UK Fixed Interest53.74%
2UK Equities15.23%
3Money Market12.06%
4Global High Yield Fixed Interest10.35%
5Global Fixed Interest4.34%
6International Equities3.46%
7North American Equities0.56%
8Futures0.25%
Individual holdings
1SCOTTISH WIDOWS CORPORATE BOND W21.53%
2ABERDEEN CORPORATE BOND A INC15.39%
3SCOTTISH WIDOWS UK EQUITY INCOME A INC15.23%
4ABERDEEN GLOBAL LIQUIDITY (LUX) ULTRA SHORT DURATION STERLING Z2 ACC11.94%
5ABERDEEN GLOBAL HIGH YIELD BOND Z ACC10.35%
6SCOTTISH WIDOWS UK INDEX LINKED TRACKER W7.87%
7ABERDEEN CORPORATE BOND Z ACC6.13%
8SCOTTISH WIDOWS UNIT TRUST MANAGERS GLOBAL GROWTH ACC X3.11%
9SCOTTISH WIDOWS INTERNATIONAL BOND W2.87%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund objective
To give an income with some potential for long-term capital growth. To do so by investing principally in funds within the Lloyds Banking Group. The Portfolio will invest mainly in fixed interest security funds (including a proportion in index-linked securities), with a proportion in one or more equity funds. Exposure will be mainly to UK investments but also overseas.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
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.
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.
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Momentum 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)1.37%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price170.7
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeZB11
Scottish Widows Momentum 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)1.37%
Total expense ratio (TER)1.39%
Bid price-
Offer price-
Mid price128.8
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeZB10
Scottish Widows Momentum 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 codeFRCV
Scottish Widows Momentum 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 codeFRCW
Scottish Widows Momentum Income Portfolio H 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 codeNGIH
Scottish Widows Momentum Income Portfolio Inst
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.5%
Total expense ratio (TER)1.5%
Bid price-
Offer price-
Mid price147.2
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAJM8
Scottish Widows Momentum Income Portfolio K 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 codeNGII
Scottish Widows Momentum 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 codeNGIJ
Scottish Widows Momentum 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 codeNGIK
Scottish Widows Momentum 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 codeJDVJ
Data provided by

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