Fact sheet: Scot Wid UK Eq Inc

Fund information

Fund name
Scottish Widows UK Equity Income A Acc
Fund company manager
Scottish Wid UT Mgr Limited
Fund type
OIC
Fund manager
Quantitative Investment Team
since 01/01/2013
Fund objective
To provide above average income, along with potential long term capital growth by investing predominantly in a portfolio of companies which are part of the FTSE All Share Index (the “Index”). The Fund seeks to deliver performance, before deduction of management fees, in excess of the Index with a similar level of overall volatility, over the long term. Companies will be selected which have the potential to provide higher than average dividend yields* and to achieve long term capital growth. The Fund seeks to hold more in these companies in comparison to the Index. Therefore, while the Fund will invest in a large number of companies in common with the Index, the amount held in any one company may be significantly different to the Index. The Fund is limited in the extent to which it can hold more (overweight) or less (underweight) in sectors** relative to the Index, but it aims to hold more in sectors which are expected to provide a higher than average dividend yield. * The dividend yield is calculated by dividing the annual dividend paid in respect of a share by its share price. ** A sector is a business area, industry or economy which shares the same characteristics. Company shares are typically grouped into different sectors depending on the company’s business, for example travel and leisure or telecommunications.
Benchmark
FTSE All-Share Index
Investment style
Active,Growth
Investment method
Shares

Performance snapshot

Quick stats

1 Year return

21.11 %

1 Year rank in sector

21/96

Sector

UT UK Equity Income

Yield

4

Fund size

£ 638.4 m

FE Risk score

100

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    99.99%
  • Europe ex UK
    0.01%
  • Financials
    19.02%
  • Consumer Goods
    15.54%
  • Equities
    12.96%
  • Oil & Gas
    12.46%
  • Consumer Services
    11.35%
  • UK Equities
    97.74%
  • Money Market
    2.06%
  • Futures
    0.2%
  • Europe ex UK Equities
    0.01%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund-0.84 %7.68 %21.11 %19.66 %56.22 %
Sector-0.45 %8.65 %18.32 %23.81 %73.61 %
Rank within sector68 / 10169 / 10021 / 9671 / 8578 / 80
Quartile th3 rd3 rd1 st4 th4 th

Calendar performance

YTD-20172016201520142013
Fund6.17 %13.25 %1.03 %-1.35 %21.06 %
Sector7.65 %9.1 %4.93 %2.83 %24.83 %
Rank within sector75 / 10018 / 9375 / 8878 / 8463 / 80
Quartile th3 rd1 st4 th4 th4 th

Risk statistics

Alpha-2.89
Beta1.18
Sharpe0.26
Volatility10.77
Tracking error4.31
Information ratio-0.39
R-Squared0.86

Price movement

52 week high4771
52 week low3636
Current bid price0
Current offer price0
Current mid price4699

Holdings by region

  • 99.99% UK
  • 0.01% Europe ex UK

Holdings by sector

  • 19.02% Financials
  • 15.54% Consumer Goods
  • 12.96% Equities
  • 12.46% Oil & Gas
  • 11.35% Consumer Services
  • 10.22% Basic Materials
  • 5.88% Industrials
  • 5.7% Health Care
  • 3.92% Utilities
  • 2.06% Money Market

Holdings by asset type

  • 97.74% UK Equities
  • 2.06% Money Market
  • 0.2% Futures
  • 0.01% Europe ex UK Equities

Individual holdings

  • 7.04% HSBC HLDGS
  • 5.77% ROYAL DUTCH SHELL
  • 4.68% BP
  • 3.21% GLAXOSMITHKLINE
  • 3.13% RIO TINTO
  • 2.9% UNILEVER
  • 2.6% ICE FTSE 100 JUN17 FUTURE (EXP 16/06/17)
  • 2.49% BRITISH AMERICAN TOBACCO
  • 2.43% IMPERIAL BRANDS PLC
  • 2.41% PRUDENTIAL PLC