Fact sheet: Scot Wid Opps Pfl Pn

Fund information
Fund name
Scottish Widows Opportunities Portfolio Pension Series 2
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Mark Henzellsince 28/01/2002
  • Matthew Daviessince 01/01/2010
Underlying fund
Scot Wid Opps Pfl
Fund objective
The fund aims to achieve long-term growth by investing mainly in multimanager funds. The fund will invest at least 80% in equity funds with a low proportion in fixed interest security funds (the fixed interest security funds will invest mainly in high quality fixed interest securities, including corporate bonds). The equity and fixed interest security funds will invest in UK and overseas markets. The multi-manager funds are currently provided by a subsidiary of Aberdeen Asset Management and by the Russell Investment Group. Exposure to the multi-manager funds is currently provided through the Scottish Widows Opportunities Portfolio OEIC Fund although investment may be made through other unit-linked funds, collective investment schemes, or directly to meet the stated fund aims.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
13.5%
1 Year rank in sector
697/961
Sector
PN Global Equities
Yield
-
Fund size
£81m (£78m 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.
79
Bid price
219.2
Offer price
219.2
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn32.8%
L&G M&G Global Dividend Pn30%
Aviva M&G Global Div Pn29.7%
OMW M&G Global Div29.6%
OMW IPL M&G Global Dividend Pn29.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities89.7%
    Fixed Interest9.7%
    Money Market0.5%
    Futures0.1%
  • North American Equities36.1%
    UK Equities35.5%
    Europe ex UK Equities9.9%
    Global Fixed Interest8.1%
    Japanese Equities5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%3.3%12.9%13.5%28.6%74%
Sector-2.2%2.3%13.9%16.1%31.7%75.5%
Rank within sector273 / 1039366 / 1035665 / 1025697 / 961502 / 849449 / 746
Quartile2nd2nd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund14.6%3.1%7.7%22.5%11.2%
Sector16.6%3.7%7.8%21.4%11.2%
Rank within sector661 / 963572 / 921417 / 849400 / 820464 / 752
Quartile3rd3rd2nd2nd3rd
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.
-0.28
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.
0.94
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.
0.57
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%.
9.77
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.
2.37
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.
-0.36
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.
0.94
Price movement
52 week high224.3
52 week low171.2
Current bid price219.2
Current offer price219.2
Current mid price-
Region
No data available.
Industry sector
1Equities89.65%
2Fixed Interest9.69%
3Money Market0.51%
4Futures0.14%
Asset type
1North American Equities36.14%
2UK Equities35.5%
3Europe ex UK Equities9.92%
4Global Fixed Interest8.05%
5Japanese Equities5.48%
6Asia Pacific ex Japan Equities2.61%
7UK Fixed Interest1.64%
8Money Market0.51%
9Futures0.14%
Individual holdings
1RUSSELL INVESTMENT CO PLC US EQUITY FD CLASS`I`ACCUM18.2%
2SCOTTISH WIDOWS MULTI-MANAGER UK EQUITY FOCUS A16.13%
3SCOTTISH WIDOWS MULTI-MANAGER UK EQUITY GROWTH A ACC15.96%
4RUSSELL IC II US QUANT I ACC GBP13.9%
5RUSSELL IC CONTINENTAL EUROPEAN EQUITY I ACC GBP9.92%
6RUSSELL IC JAPAN EQUITY I INC GBP5.48%
7RUSSELL INVESTMENT CO PLC US SMALL CAP EQUITY FD CLASS`I`ACCUM3.77%
8SCOTTISH WIDOWS MULTI-MANAGER UK EQUITY INCOME A ACC3.41%
9RUSSELL INVESTMENT CO PLC PACIFIC BASIN EQUITY FD CLASS`I`ACCUM2.61%
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 mainly in multimanager funds. The fund will invest at least 80% in equity funds with a low proportion in fixed interest security funds (the fixed interest security funds will invest mainly in high quality fixed interest securities, including corporate bonds). The equity and fixed interest security funds will invest in UK and overseas markets. The multi-manager funds are currently provided by a subsidiary of Aberdeen Asset Management and by the Russell Investment Group. Exposure to the multi-manager funds is currently provided through the Scottish Widows Opportunities Portfolio OEIC Fund although investment may be made through other unit-linked funds, collective investment schemes, or directly to meet the stated fund aims.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Mark Henzell28/01/2002Mark 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 Davies01/01/2010Matthew 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
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Opportunities Portfolio Pension Series 1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.48%
Total expense ratio (TER)1.47%
Bid price212.1
Offer price223.3
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSN24
Scottish Widows Opportunities Portfolio Pension Series 2
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.6%
Total expense ratio (TER)1.6%
Bid price219.2
Offer price219.2
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSN25
Scottish Widows Opportunities Portfolio Pension Series 4
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)0.8%
Bid price204.6
Offer price204.6
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE461
Data provided by

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