Fact sheet: WSSF 2 Defensive Pfl

Fund information
Fund name
WSSF 2 Defensive Portfolio X Acc
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund managers
  • Wayne Nutlandsince 30/06/2013
  • William Arthur Bartleetsince 30/06/2013
Fund objective
The fund aims to seek capital growth relative to a given level of risk by investing in a diversified range of global securities. The level of risk in this portfolio is rated as 2 where 1 is the lowest level of risk and 5 is the highest. The Fund will invest in a broad range of global securities and equivalent equity related securities with the aim of delivering capital growth consistent with the given level of risk as set out in the objective. Such securities may include companies or other eligible vehicles (including, without limitation, Exchange Traded Commodities) that in turn invest directly or indirectly into property and commodities. The Fund may also invest in eligible collective investment schemes. There are no constraints on the asset, regional, sectoral or geographic allocation policy adopted by the Fund. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits and cash and near cash. On giving 60 days' notice to Shareholders, the Fund may, in addition to its other investment powers, use exchange traded and over the counter derivatives and forward currency contracts for investment purposes. Using these investment powers for investment purposes means, in particular, maintaining positions in these investments for the long-term rather than just for tactical short-term purposes. However, where derivatives are used for the purposes of meeting the investment objective of the Fund it is not intended that the use of derivatives would raise the overall risk profile of the Fund.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
8.5%
1 Year rank in sector
103/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
2.3%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.28%
Fund size
£40m (£45m 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.
37
Mid price
1405
Top in this sector
Fund name1 Year
AXA Global Distribution20.2%
S&W The Magpie18.8%
SVS TPI Balanced 218.8%
Investec Caut Mgd18.4%
AXA Lifetime Distribution16.7%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK32%
    Not Specified30.8%
    Global Emerging Markets8.8%
    Money Market8.6%
    International8.4%
  • No data available.
  • UK Gilts19.2%
    Global Investment Grade Fixed Interest17.1%
    UK Equities12.8%
    Global Index Linked9%
    Money Market8.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%-2%5.6%8.5%16.5%31.4%
Sector-0.1%-0.2%6.3%8.3%16.6%35.5%
Rank within sector166 / 214191 / 213130 / 211103 / 204110 / 173114 / 144
Quartile4th4th3rd3rd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund8.8%1%5%7.4%6.5%
Sector8.4%1.2%5%9%8%
Rank within sector98 / 204117 / 190104 / 175122 / 161117 / 145
Quartile2nd3rd3rd4th4th
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.
0.63
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.
0.75
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.
0.29
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%.
4.71
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.
2.29
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.
-0.32
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.
0.86
Price movement
52 week high1444
52 week low1253
Current bid price-
Current offer price-
Current mid price1405
Region
1UK31.95%
2Not Specified30.77%
3Global Emerging Markets8.84%
4Money Market8.58%
5International8.39%
6Europe ex UK4.83%
7USA3.51%
8Japan3.13%
Industry sector
No data available.
Asset type
1UK Gilts19.15%
2Global Investment Grade Fixed Interest17.09%
3UK Equities12.8%
4Global Index Linked8.96%
5Money Market8.58%
6Global High Yield Fixed Interest8.39%
7Global Emerging Market Fixed Interest7.37%
8Europe ex UK Equities4.83%
9Property4.72%
Individual holdings
No data available.
Management
Fund manager group
HSBC
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund objective
The fund aims to seek capital growth relative to a given level of risk by investing in a diversified range of global securities. The level of risk in this portfolio is rated as 2 where 1 is the lowest level of risk and 5 is the highest. The Fund will invest in a broad range of global securities and equivalent equity related securities with the aim of delivering capital growth consistent with the given level of risk as set out in the objective. Such securities may include companies or other eligible vehicles (including, without limitation, Exchange Traded Commodities) that in turn invest directly or indirectly into property and commodities. The Fund may also invest in eligible collective investment schemes. There are no constraints on the asset, regional, sectoral or geographic allocation policy adopted by the Fund. The ACD may also invest at its discretion in other transferable securities, money market instruments, deposits and cash and near cash. On giving 60 days' notice to Shareholders, the Fund may, in addition to its other investment powers, use exchange traded and over the counter derivatives and forward currency contracts for investment purposes. Using these investment powers for investment purposes means, in particular, maintaining positions in these investments for the long-term rather than just for tactical short-term purposes. However, where derivatives are used for the purposes of meeting the investment objective of the Fund it is not intended that the use of derivatives would raise the overall risk profile of the Fund.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Wayne Nutland30/06/2013
William Arthur Bartleet30/06/2013
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
WSSF 2 Defensive Portfolio Inst Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISAYes
Ongoing charge (OCF)0.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1501
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGOY6
WSSF 2 Defensive Portfolio Inst Inc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1238
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGOY7
WSSF 2 Defensive Portfolio Ret Acc
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.53%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1393
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGOY5
WSSF 2 Defensive Portfolio X Acc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1405
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIA7W
WSSF 2 Defensive Portfolio X Inc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1159
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIA7V
Data provided by

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