Fact sheet: Scot Wid Corp Bd

Fund information

Fund name
Scottish Widows Corporate Bond G Acc
Fund company manager
Scottish Wid UT Mgr Limited
Fund type
OIC
Fund manager
Luke Hickmore
since 01/06/2009
Fund objective
To give either an income, while having regard to the capital value, or growth (when income is kept within the fund). To do so by investing mainly in investment grade corporate bonds and other fixed interest securities issued by companies primarily in the UK and also Europe. Investment grade bonds have achieved or exceeded a minimum credit rating awarded by a credit rating agency. Therefore they are considered lower risk than bonds with a lower credit rating. Credit ratings indicate the likelihood that an issuer will be able to make their payments.
Benchmark
Lehman Ster Aggregate
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

11.09 %

1 Year rank in sector

21/89

Sector

UT Sterling Corporate Bond

Yield

2.7

Fund size

£ 3.4 b

FE Risk score

45

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • BBB
    44.9%
  • A
    29.39%
  • Non-Rated
    9.29%
  • AA
    7.78%
  • BB
    6.38%
  • UK Fixed Interest
    61.82%
  • Global Fixed Interest
    35.69%
  • Money Market
    2.44%
  • Futures
    0.04%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund1.87 %6.92 %11.09 %20.27 %0 %
Sector1.05 %5.47 %9.31 %19.31 %34.96 %
Rank within sector6 / 9618 / 9421 / 8943 / 83 /
Quartile th1 st1 st1 st3 rd th

Calendar performance

YTD-20172016201520142013
Fund3.39 %10.9 %-1.97 %11.29 %-0.3 %
Sector3.45 %9.08 %-0.3 %10.06 %0.21 %
Rank within sector54 / 9416 / 8782 / 8528 / 8260 / 76
Quartile th3 rd1 st4 th2 nd4 th

Risk statistics

Alpha-1.17
Beta1.24
Sharpe0.37
Volatility6.81
Tracking error2
Information ratio0.06
R-Squared0.95

Price movement

52 week high126.8
52 week low113
Current bid price0
Current offer price0
Current mid price125.2

Holdings by region

-

Holdings by sector

  • 44.9% BBB
  • 29.39% A
  • 9.29% Non-Rated
  • 7.78% AA
  • 6.38% BB
  • 2.26% AAA

Holdings by asset type

  • 61.82% UK Fixed Interest
  • 35.69% Global Fixed Interest
  • 2.44% Money Market
  • 0.04% Futures

Individual holdings

  • 2.25% ABERDEEN GLOBAL LIQUIDITY (LUX) STERLING K3
  • 2.22% GBP LIABILITY
  • 1.53% TREASURY 4% GILT 22/01/60 GBP0.01
  • 1.51% BARCLAYS BANK PLC 10.00 21/05/21 (GBP)
  • 1.14% EDF 5.875% BDS 18/7/2031 GBP1000
  • 1.1% ENEL FINANCE INT 5.75% BDS 14/09/40 GBP1400000000
  • 0.99% HEATHROW FUNDING LTD 7.125% BDS 14/02/24 GBP100000 B
  • 0.98% HEATHROW FUNDING LTD CLS`A`6.45% UNWRP BDS 10/12/33GBP `REGS`
  • 0.94% EASTERN POWER NETWORKS PLC 6% SEN UNSEC NTS 12/11/36 GBP50000
  • 0.94% FIRSTGROUP 8.750% BDS 08/04/21 GBP50000