Fact sheet: Scot Wid Thradndl UKScl Bd Pn

Fund information
Fund name
Scottish Widows Threadneedle UK Social Bond Pn S1
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund manager
  • Simon Bondsince 04/12/2013
Underlying fund
Threadneedle UK Scl Bd
Fund objective
Threadneedle describe their fund's aim as follows: To achieve a total return (by way of income and capital appreciation) through investments that are deemed to be supporting and funding socially beneficial activities and development, primarily in the UK. The investment policy is to maximise exposure to socially beneficial activities and development, based on assessments produced under the fund’s Social Assessment Methodology. The fund may invest in all forms of trade-able debt instrument (primarily investment grade) issued by a supranational, public, private or voluntary and/or charitable sector organisation, including without limitation, bonds, notes, bills, and loans, whether they have a fixed, floating, variable, index-linked rate or have a zero coupon. Please note: the Scottish Widows unit-linked funds aim to provide long-term growth in the price of units. Any income generated will not be distributed, but added to the fund value.
Benchmark
  • IMA - UK Corporate Bond
Investment style
No data available.
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Sterling Fixed Interest
Yield
-
Fund size
£0m (£0m last year)
Bid price
98.7
Offer price
103.9
Top in this sector
Fund name1 Year
OMW IPL F&C Sht Pr Rl Dn LDI Pn51.3%
OMW IPL F&C Real Dynamic LDI Pn50%
OMW IPL F&C Nominal Dyn LDI Pn34.6%
OMW IPL LGIM 2055IdxLkdGltPn24.8%
OMW IPL LGIMOvr15Yr I LGltPn23.3%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • UK99.9%
    Money Market0.1%
  • Property25.9%
    Utilities16.8%
    Financials14.1%
    Transport13.2%
    Health Care12.6%
  • UK Fixed Interest99.9%
    Money Market0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%2.6%----
Sector1.2%2.7%-2.3%10.5%26.2%35.5%
Rank within sector94 / 18150 / 179----
Quartile3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.8%----
Sector1.1%13.1%-1.2%13.9%-1.7%
Rank within sector27 / 179----
Quartile1st
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 high98.5
52 week low95
Current bid price98.7
Current offer price103.9
Current mid price-
Region
1UK99.9%
2Money Market0.1%
Industry sector
1Property25.9%
2Utilities16.8%
3Financials14.1%
4Transport13.2%
5Health Care12.6%
6Education7.4%
7Services5.2%
8Others4.7%
9Money Market0.1%
Asset type
1UK Fixed Interest99.9%
2Money Market0.1%
Individual holdings
1WELLCOME TRUST FINANCE 4.75% GTD BDS 28/05/21 GBP500003.8%
2LLOYDS BANK PLC 2.5% NTS 01/06/22 GBP1000003.5%
3UNITE GROUP 6.125% BDS 12/06/20 GBP1003.3%
4MANCHESTER AIRPORT GROUP FNDING PLC 4.125% MTN 02/04/24 GBP1000003%
5BUPA FINANCE PLC 6.13% PERP2.5%
6BBC PACIFIC QUAY FINANCE 5.5653% COMM MTG BKD NTS 25/7/34 GBP2.4%
7NATIONWIDE BUILDING SOCIETY 6.88% PERP2.4%
8DWR CYMRU FINANCING LTD 6.02% 31/03/20282.2%
9PENNON GROUP PLC 6.75% PERP2.2%
Management
Fund manager group
Scottish Widows
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund objective
Threadneedle describe their fund's aim as follows: To achieve a total return (by way of income and capital appreciation) through investments that are deemed to be supporting and funding socially beneficial activities and development, primarily in the UK. The investment policy is to maximise exposure to socially beneficial activities and development, based on assessments produced under the fund’s Social Assessment Methodology. The fund may invest in all forms of trade-able debt instrument (primarily investment grade) issued by a supranational, public, private or voluntary and/or charitable sector organisation, including without limitation, bonds, notes, bills, and loans, whether they have a fixed, floating, variable, index-linked rate or have a zero coupon. Please note: the Scottish Widows unit-linked funds aim to provide long-term growth in the price of units. Any income generated will not be distributed, but added to the fund value.
Benchmark
  • IMA - UK Corporate Bond
Investment style
No data available.
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Simon Bond04/12/2013Simon Bond joined the company in 2003 as an Investment Grade Credit Portfolio Manager and has been the manager of the Threadneedle UK Social Bond Fund since its launch in 2013. Having previously managed a number of institutional and retail investment grade corporate bond portfolios, Simon now concentrates his focus on managing the UK Social Bond Fund and developing other responsible investment strategies across the firm.Simon has 30 years’ experience in the fund management industry, with the last 25 years specialising in corporate credit. Throughout his career, Simon has taken a keen interest in the social investment space and as an analyst the first entity Simon reported on was Peabody Trust and the first sector he covered was housing associations. Simon is particularly passionate about the role of infrastructure in both regeneration and economic growth.Prior to joining the firm, Simon managed £6 billion in his role as the Senior UK Credit Fund Manager for AXA. Simon also worked for GE Insurance as a Portfolio Manager, Provident Mutual as a Fixed Income Analyst and Hambros Bank as an Investment Accountant and Pension Fund Investment Administrator.Simon is a Fellow of the Chartered Institute for Securities and Investment, holds the Investment Management Certificate and the General Registered Representatives Certificate.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Threadneedle UK Social Bond Pn S1
Initial charge-
Annual charge-
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price98.7
Offer price103.9
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN2VX
Scottish Widows Threadneedle UK Social Bond Pn S2
Initial charge-
Annual charge-
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price103.9
Offer price103.9
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN2VY
Scottish Widows Threadneedle UK Social Bond Pn S4
Initial charge-
Annual charge-
Min single investment£1
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price104
Offer price104
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeN2VZ
Data provided by

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