Fact sheet: Scot Wid Wth Progressive Pn

Fund information
Fund name
Scottish Widows Wealth Progressive 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 equities (mainly UK, but also overseas and emerging markets). The fund will also provide exposure to fixed interest securities (including mainly UK corporate and government bonds, also overseas corporate bonds, plus high yield bonds), some exposure to property (both UK and overseas) and limited exposure to commodities, cash, and other asset classes. Exposure to fixed interest securities and equities will include investment in Absolute Return Funds. The fund is aligned to a progressive risk appetite.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
11.1%
1 Year rank in sector
183/514
Sector
PN Specialist
Yield
-
Fund size
£9m (£7m 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.
61
Bid price
132.6
Offer price
139.6
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus43.4%
ReAssure AL NptRu&GtrRus Pn42.9%
L&G Nep Russia&Gtr Russia Pn42.6%
Scot Eq JPM Emg Eur Eq Pn40.7%
OMW InvescoPerpetualEmgEurpn38.9%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • International Equities36.5%
    UK Equities29.1%
    Global Fixed Interest26.3%
    Property5.3%
    Hedge1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%1.3%9.4%11.1%21.2%46.8%
Sector-0.2%-0.6%6.2%8.8%20.9%41.2%
Rank within sector116 / 546100 / 545156 / 531183 / 514181 / 386136 / 317
Quartile1st1st2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.4%1.6%4.6%13.5%9.8%
Sector8.7%2%7.2%11%7.7%
Rank within sector176 / 514189 / 450254 / 388118 / 357128 / 318
Quartile2nd2nd3rd2nd2nd
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.
-0.79
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.
1.12
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.
0.39
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%.
6.96
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.
2.04
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.
-0.05
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.
0.92
Price movement
52 week high135.1
52 week low109.9
Current bid price132.6
Current offer price139.6
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1International Equities36.5%
2UK Equities29.1%
3Global Fixed Interest26.3%
4Property5.3%
5Hedge1.4%
6Money Market1.4%
Individual holdings
1MULTI MANAGER INTERNATIONAL EQUITY24.7%
2MULTI-MANAGER UK EQUITY FOCUS10.8%
3MULTI-MANAGER UK EQUITY INCOME10.7%
4ABERDEEN UK ENHANCED EQUITY FUND 9.1%
5US TREASURY FUTURES4.5%
6ABERDEEN CORPORATE BOND FUND3.7%
7PIONEER EMERGING MARKET BOND3.5%
8ISHARES CORE S&P 500 UCITS3.2%
9MULTI-MANAGER GLOBAL REAL ESTATE3.2%
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 equities (mainly UK, but also overseas and emerging markets). The fund will also provide exposure to fixed interest securities (including mainly UK corporate and government bonds, also overseas corporate bonds, plus high yield bonds), some exposure to property (both UK and overseas) and limited exposure to commodities, cash, and other asset classes. Exposure to fixed interest securities and equities will include investment in Absolute Return Funds. The fund is aligned to a progressive risk appetite.
Benchmark
  • No Specified Index
Investment style
Balanced
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 Progressive Pension 1
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.52%
Bid price132.6
Offer price139.6
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMJP8
Scottish Widows Wealth Progressive Pension 4
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.84%
Bid price145
Offer price145
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMJP9
Data provided by

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