Fact sheet: WSSF 4 Progressive Pfl

Fund information
Fund name
WSSF 4 Progressive Portfolio X Acc
Fund manager company
HSBC Gbl Asset Mgt (HSBC Inv)
Fund type
OEIC
Fund managers
  • William Arthur Bartleetsince 30/06/2013
  • Wayne Nutlandsince 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 4 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
Aggressive
Investment method
None
Quick stats
1 Year return
14.3%
1 Year rank in sector
57/268
Sector
UT Mixed Investment 40%-85% Shares
Yield
2.2%
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.
1.35%
Fund size
£115m (£125m 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.
70
Mid price
1595
Top in this sector
Fund name1 Year
Orbis Gbl Bal38%
HSBC Wld Seltn Advntr Pfl24.5%
FP MA DRP VIII23.9%
SVS TPI Aggressive 123.5%
SVS TPI Growth 222.7%
...more in UT Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK23.5%
    International17.5%
    USA17%
    Global Emerging Markets10.7%
    Europe ex UK9.1%
  • No data available.
  • UK Equities23.5%
    US Equities17%
    Global High Yield Fixed Interest9.9%
    Europe ex UK Equities9.1%
    International Equities7.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%1.4%10.8%14.3%24.4%53.7%
Sector0%0.7%8.9%10.8%20.8%46.4%
Rank within sector135 / 28092 / 27971 / 27657 / 26873 / 24071 / 207
Quartile2nd2nd2nd1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund13.7%2.1%5%16.2%10.1%
Sector10.7%2.2%5%13.5%9%
Rank within sector61 / 268144 / 252138 / 24274 / 22497 / 207
Quartile1st3rd3rd2nd2nd
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.
-0.13
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.
1.27
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.
0.46
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%.
7.57
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.
2.25
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.
0.56
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.
0.95
Price movement
52 week high1636
52 week low1291
Current bid price-
Current offer price-
Current mid price1595
Region
1UK23.51%
2International17.54%
3USA16.99%
4Global Emerging Markets10.67%
5Europe ex UK9.1%
6Not Specified8.63%
7Japan7.12%
8Asia Pacific ex Japan4.14%
9Money Market2.3%
Industry sector
No data available.
Asset type
1UK Equities23.51%
2US Equities16.99%
3Global High Yield Fixed Interest9.93%
4Europe ex UK Equities9.1%
5International Equities7.61%
6Japanese Equities7.12%
7Global Emerging Market Equities5.43%
8Global Emerging Market Fixed Interest5.24%
9Property4.98%
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 4 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
Aggressive
Investment method
None
Fund managers
NameSinceBiography
William Arthur Bartleet30/06/2013
Wayne Nutland30/06/2013
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
WSSF 4 Progressive Portfolio Inst Acc
Initial charge-
Annual charge-
Min single investment£10,000,000
Min regular saving£1,000,000
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1711
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGOZ4
WSSF 4 Progressive 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)0.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1364
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGOZ5
WSSF 4 Progressive Portfolio Ret Acc
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1581
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGOZ3
WSSF 4 Progressive Portfolio Ret Inc
Initial charge-
Annual charge1.25%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.6%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1268
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGOZ2
WSSF 4 Progressive Portfolio X Acc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1595
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIA8A
WSSF 4 Progressive Portfolio X Inc
Initial charge-
Annual charge1%
Min single investment£1,000
Min regular saving£500
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1273
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIA7Z
Data provided by

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