Fact sheet: Virgin Pension Income Protector

Fund information
Fund name
Virgin Pension Income Protector
Fund manager company
Virgin Money Unit Tst Mgr Ltd
Fund type
Unit Trust
Fund manager
  • Virgin Money Unit Trust Mgrssince 01/11/1996
Fund objective
The investment objective of the Trust is to provide a level of income slightly above that which would be achieved by a fund invested solely in gilt-edged securities.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
4.2%
1 Year rank in sector
3/3
Sector
UT Personal Pensions
Yield
-
Fund size
£261m (£226m 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.
40
Bid price
280
Offer price
280
Top in this sector
Fund name1 Year
TUTMAN B&CE Contracted Out Pn Schme10.3%
Virgin Pension Growth7.6%
Virgin Pension Income Protector4.2%
...more in UT Personal Pensions

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-5%0.9%4.2%16%23.7%
Sector-1.8%-2%6.6%8.7%15.8%42.9%
Rank within sector1 / 33 / 33 / 33 / 32 / 33 / 3
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund6%-0.5%11.8%-4.2%7.2%
Sector10%1%4%13.6%8.4%
Rank within sector3 / 33 / 31 / 33 / 33 / 3
Quartile
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.
3.28
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.
0.41
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.
0.3
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%.
5.77
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.
6.3
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.
0.06
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.
0.18
Price movement
52 week high297.6
52 week low263.4
Current bid price280
Current offer price280
Current mid price-
Region
1UK100%
Industry sector
No data available.
Asset type
1UK Fixed Interest100%
Individual holdings
1VIRGIN INCOME TRUST INCOME UNITS97.61%
2VIRGIN INCOME TRUST AE INCOME UNITS2.39%
Management
Fund manager group
Virgin Money Unit Tst Mgr
Fund manager company
Virgin Money Unit Tst Mgr Ltd
Fund type
Unit Trust
Fund objective
The investment objective of the Trust is to provide a level of income slightly above that which would be achieved by a fund invested solely in gilt-edged securities.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Virgin Money Unit Trust Mgrs01/11/1996
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
Virgin Pension Income Protector
Initial charge-
Annual charge1%
Min single investment£1
Min regular saving£1
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price280
Offer price280
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeVI04
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.