Fact sheet: Scot Wid Wth Caut Pn

Fund information
Fund name
Scottish Widows Wealth Cautious Pension 1
Fund manager company
Scottish Widows Limited
Fund type
Pension Fund
Fund managers
  • Shanshan Zhangsince 01/01/2013
  • Hamish Campbellsince 17/04/2011
No data available.
Fund objective
The fund aims to achieve long-term growth by investing in a diversified portfolio of investments. The fund will provide exposure mainly to fixed interest securities (including mainly UK corporate and government bonds, also overseas corporate bonds, plus high yield bonds). In addition the fund will provide exposure to equities (mainly UK, but also overseas and emerging markets), some exposure to property (both UK and overseas) and limited exposure to cash, commodities and other asset classes. Exposure to fixed interest securities and equities will include investment in Absolute Return Funds. The fund is aligned to a cautious risk appetite.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
5%
1 Year rank in sector
300/513
Sector
PN Specialist
Yield
-
Fund size
£3m (£1m 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.
29
Bid price
119.6
Offer price
125.9
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus39.8%
ReAssure AL NptRu&GtrRus Pn39.2%
L&G Nep Russia&Gtr Russia Pn39%
Scot Eq JPM Emg Eur Eq Pn36.3%
OMW InvescoPerpetualEmgEurpn34.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Global Fixed Interest64.3%
    International Equities13.7%
    UK Equities10%
    Property5.3%
    Hedge5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%-2%3.2%5%12.2%29.4%
Sector-0.9%-0.9%6%8.2%20.2%40.8%
Rank within sector313 / 546386 / 544317 / 531300 / 513263 / 386198 / 317
Quartile3rd3rd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.4%0.9%4.4%6.3%9%
Sector8.2%2%7.2%11%7.7%
Rank within sector291 / 514257 / 450266 / 388201 / 357154 / 318
Quartile3rd3rd3rd3rd2nd
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.
0.26
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.
0.58
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.
0.11
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%.
3.84
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.
2.97
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.
-0.76
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.
0.82
Price movement
52 week high122.8
52 week low109.5
Current bid price119.6
Current offer price125.9
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Global Fixed Interest64.3%
2International Equities13.7%
3UK Equities10%
4Property5.3%
5Hedge5.1%
6Money Market1.6%
Individual holdings
1PIMCO GIS GLOBAL INV GRADE CREDIT FUND8.7%
2ABERDEEN CORPORATE BOND FUND8.6%
3INVESCO PERPETUAL CORPORATE BOND ACC8.2%
4MULTI MANAGER INTERNATIONAL EQUITY7.8%
5BLACKROCK UK GILT ALL STOCKS TRACKER FUND7%
6M&G OFFSHORE STRATEGIC CORPORATE BOND A6.7%
7ABERDEEN STERLING OPPORTUNISTIC CORPORATE BOND FUND5%
8PIONEER EMERGING MARKET BOND4.9%
9US TREASURY FUTURES4.7%
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 in a diversified portfolio of investments. The fund will provide exposure mainly to fixed interest securities (including mainly UK corporate and government bonds, also overseas corporate bonds, plus high yield bonds). In addition the fund will provide exposure to equities (mainly UK, but also overseas and emerging markets), some exposure to property (both UK and overseas) and limited exposure to cash, commodities and other asset classes. Exposure to fixed interest securities and equities will include investment in Absolute Return Funds. The fund is aligned to a cautious risk appetite.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
Equity, Fixed Interest, Money Market
Fund managers
NameSinceBiography
Shanshan Zhang01/01/2013Shanshan 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.
Hamish Campbell17/04/2011Hamish is deputy manager for Bancassurance and UKPB fund ranges. He transferred from the multi-manager team where he was responsible for manager selection and portfolio construction, predominantly in alternatives. Hamish transferred to SWIP as an Investment Manager in December 2006 from Lloyds TSB Private Banking Limited when the investment research function was outsourced to SWIP. Hamish has been with the Lloyds Group since 2001 having previously worked as a private client portfolio manager with a number of institutions. Hamish joined Lloyds initially as a portfolio manager responsible for the management of the Private Banks’ UK equity portfolio before electing to transfer to manager selection. Hamish holds a BA (Hons) in Business and a diploma in Investment Analysis.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scottish Widows Wealth Cautious Pension 1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.51%
Total expense ratio (TER)1.47%
Bid price119.6
Offer price125.9
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMJO4
Scottish Widows Wealth Cautious Pension 4
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.83%
Total expense ratio (TER)0.8%
Bid price130.8
Offer price130.8
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMJO5
Data provided by

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