Fact sheet: Scot Wid Stgc Inc

Fund information

Fund name
Scottish Widows Strategic Income A Acc
Fund company manager
Scottish Wid UT Mgr Limited
Fund type
OEIC
Fund manager(s)
Pan European Credit Team
since 08/09/2014
Luke Hickmore
since 02/02/2009
Fund objective
To give either an income or growth (when income is kept within the fund). To do so by investing primarily in UK and European corporate bonds and other fixed interest securities, including government bonds. The majority of the fund will be in investment grade securities, but a significant proportion will be in securities with a higher than average risk.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
Strategic Investment
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

2.95 %

1 Year rank in sector

52/82

Sector

UT Sterling Strategic Bond

Yield

3

Fund size

£ 212.6 m

FE Risk score

45

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Non-Rated
    100%
  • UK Fixed Interest
    53.53%
  • Global Fixed Interest
    41.65%
  • Money Market
    4.82%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.55 %1.71 %2.95 %14.47 %29.72 %
Sector0.47 %1.79 %3.79 %13.39 %24.65 %
Rank within sector38 / 8448 / 8252 / 8236 / 7421 / 64
Quartile th2 nd3 rd3 rd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund4.11 %8.66 %0.22 %7.92 %3.24 %
Sector4.13 %7.28 %-0.29 %6.75 %2.59 %
Rank within sector42 / 8227 / 7732 / 7431 / 7336 / 66
Quartile th3 rd2 nd2 nd2 nd3 rd

Risk statistics

Alpha-1.21
Beta1.47
Sharpe0.25
Volatility5.52
Tracking error2.91
Information ratio0.22
R-Squared0.8

Price movement

52 week high204.6
52 week low190.5
Current bid price0
Current offer price0
Current mid price202.5

Holdings by region

-

Holdings by sector

  • 100% Non-Rated

Holdings by asset type

  • 53.53% UK Fixed Interest
  • 41.65% Global Fixed Interest
  • 4.82% Money Market

Individual holdings

  • 3.59% ICE LONG GILT SEP17 FUTURE (EXP 27/09/17)
  • 1.57% LLOYDS BANK PLC 13% STEP-UP PERP CAP SECS GBP100000
  • 1.55% HM TREASURY UNITED KINGDOM DMO 4% GILT 07/03/22 GBP0.01
  • 1.34% LLOYDS BANK PLC SUB CALL 5.75% TO FRN 9/7/25 GBP(VAR)
  • 1.1% HEATHROW FUNDING LTD CLS`A`6.45% UNWRP BDS 10/12/33GBP `REGS`
  • 1.09% EDF 5.5% NTS 27/03/37 GBP100000
  • 1.09% HEATHROW FUNDING LTD 7.125% BDS 14/02/24 GBP100000 B
  • 1.09% HSBC HLDGS 6% SUBORD NTS 29/03/40 GBP50000
  • 1.03% BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP50000
  • 1.02% HM TREASURY UNITED KINGDOM DMO 6% GILT 2028