Fact sheet: Wesleyan Government Bond Pn

Fund information
Fund name
Wesleyan Government Bond Pn S2
Fund manager company
Wesleyan Assurance Society
Fund type
Pension Fund
Fund managers
  • Lucas Howarthsince 23/03/2016
No data available.
Fund objective
The Wesleyan Government Bond Fund aims to invest in one or more external funds that are most likely to deliver consistent performance over longer periods. The Fund seeks to provide capital growth over the medium to long term by investing predominantly in externally managed funds specialising in government bonds. The Fund is currently invested in the Royal London UK Government Bond Fund.
Benchmark
  • ABI UK Gilts
Investment style
None
Investment method
None
Quick stats
1 Year return
4.4%
1 Year rank in sector
141/178
Sector
PN UK Gilts
Yield
-
Fund size
£1m (£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.
53
Bid price
110.9
Offer price
110.9
Top in this sector
Fund name1 Year
SSgA MPF Idx Lk Gilts >5yrs Net Pn17.2%
AEGON UK Long Gilt Pn13.4%
AXA Wealth Teams Act UK Lg Glts Pn13.3%
Zurich Long Dated Gilt Pn12.3%
FL TMLgGltTra EP12.2%
...more in PN UK Gilts

Performance snapshot

Holdings snapshot

  • UK100%
  • Government Bonds90%
    Index Linked5.9%
    Alternative Assets2.4%
    Government Agency Bonds1.4%
    Financial Services0.4%
  • UK Gilts89.7%
    Global Index Linked5.9%
    Alternative Assets2.4%
    Global Corporate Fixed Interest1.8%
    Global Government Fixed Interest0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%-7.5%1.5%4.4%13.7%-
Sector-1.6%-7.5%2.2%6.4%20%20.9%
Rank within sector158 / 179104 / 178107 / 178141 / 178139 / 170-
Quartile4th3rd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund5.6%-0.3%9.3%-5.5%-
Sector7.8%-0.3%13.3%-4.8%2.3%
Rank within sector142 / 178103 / 175158 / 170101 / 164-
Quartile4th3rd4th3rd
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.
0.82
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.
0.17
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%.
6.05
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.
1.61
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.
-1.05
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.
0.98
Price movement
52 week high120
52 week low105
Current bid price110.9
Current offer price110.9
Current mid price-
Region
1UK100%
Industry sector
1Government Bonds90%
2Index Linked5.86%
3Alternative Assets2.39%
4Government Agency Bonds1.37%
5Financial Services0.39%
Asset type
1UK Gilts89.7%
2Global Index Linked5.86%
3Alternative Assets2.39%
4Global Corporate Fixed Interest1.76%
5Global Government Fixed Interest0.29%
Individual holdings
1Royal London UK Government Bond Z Inc97.61%
Management
Fund manager group
Wesleyan
Fund manager company
Wesleyan Assurance Society
Fund type
Pension Fund
Fund objective
The Wesleyan Government Bond Fund aims to invest in one or more external funds that are most likely to deliver consistent performance over longer periods. The Fund seeks to provide capital growth over the medium to long term by investing predominantly in externally managed funds specialising in government bonds. The Fund is currently invested in the Royal London UK Government Bond Fund.
Benchmark
  • ABI UK Gilts
Investment style
None
Investment method
None
Fund managers
NameSinceBiography
Lucas Howarth23/03/2016Lucas Howarth joined the Society as an Investment Analyst in 2007 having attained a degree in Mechanical Engineering from the University of Birmingham. Lucas has been a CFA (Chartered Financial Analyst) charterholder since 2011 and became a Fund Manager in 2016. Lucas is responsible for selecting and monitoring the external funds held within the life and pension product range.
Compliance
UCIS
Domicile
No data available.
Fund for sale in
United Kingdom
Wesleyan Government Bond Pn S1
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price108.7
Offer price108.7
Mid price-
CurrencyGBX
Price updated25/11/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code0X6I
Wesleyan Government Bond Pn S2
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price110.9
Offer price110.9
Mid price-
CurrencyGBX
Price updated25/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI18O
Data provided by

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