Fact sheet: Av Fid Spec Sits EP

Fund information
Fund name
Av Fidelity Special Situations EP/IE/XE Pn
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Alex Wrightsince 01/01/2014
Underlying fund
Fidelity Special Situations
Fund objective
Fidelity state that the fund aims to provide long-term capital growth. The fund invests primarily in the shares of UK companies blending investments in larger, medium-sized and smaller companies. The fund has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. The fund can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
16.2%
1 Year rank in sector
134/850
Sector
PN UK All Companies
Yield
-
Fund size
£5m (£5m 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.
87
Bid price
1102.3
Offer price
1102.3
Top in this sector
Fund name1 Year
OMW Old Mutual UK Dynamic Equity29%
OMW JPM Mid Cap Inv Trust28.7%
Stan Life SLI UK Opps Pn27.7%
OMW Marlborgh UK MltiCap Gth26.6%
Av Old Mtl UK Mid Cap FP Pn25.9%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK82.1%
    USA9.7%
    Ireland4%
    Italy1.4%
    Germany1.3%
  • Financials36.1%
    Industrials25.6%
    Consumer Services13.9%
    Oil & Gas6.5%
    Health Care4.7%
  • UK Equities82.1%
    US Equities9.7%
    Irish Equities4%
    Italian Equities1.4%
    German Equities1.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%4.2%3%16.2%47.5%89.1%
Sector-0.4%1.2%1.1%12.1%29.3%58.2%
Rank within sector30 / 86417 / 858184 / 858134 / 85031 / 81243 / 768
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund12.8%13.8%11.8%-1.4%32%
Sector9.6%10.2%4.4%0.6%24.2%
Rank within sector151 / 849280 / 82578 / 812609 / 788124 / 769
Quartile1st2nd1st4th1st
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.
3.98
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.
1.06
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.
0.83
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%.
10.66
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.
4.45
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.
0.96
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.
0.83
Price movement
52 week high1109.2
52 week low945.2
Current bid price1102.3
Current offer price1102.3
Current mid price-
Region
1UK82.1%
2USA9.7%
3Ireland4%
4Italy1.4%
5Germany1.3%
6Canada1.1%
7Japan0.5%
8Portugal0.5%
9Sweden0.3%
Industry sector
1Financials36.1%
2Industrials25.6%
3Consumer Services13.9%
4Oil & Gas6.5%
5Health Care4.7%
6Technology3.9%
7Basic Materials3.5%
8Telecommunications2.6%
9Consumer Goods1.6%
Asset type
1UK Equities82.1%
2US Equities9.7%
3Irish Equities4%
4Italian Equities1.4%
5German Equities1.3%
6Canadian Equities1.1%
7Japanese Equities0.5%
8Portuguese Equities0.5%
9Swedish Equities0.3%
Individual holdings
1CITIGROUP INC5.92%
2ROYAL DUTCH SHELL5.66%
3CRH4.91%
4LADBROKES CORAL GROUP PLC3.67%
5LLOYDS BANKING GROUP PLC3.64%
6SHIRE PLC3.63%
7PHOENIX GROUP HLDGS2.93%
8BT GROUP2.55%
9FERGUSON PLC2.51%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
Fidelity state that the fund aims to provide long-term capital growth. The fund invests primarily in the shares of UK companies blending investments in larger, medium-sized and smaller companies. The fund has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. The fund can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. The fund has discretion in its choices of investments within its objectives and policies.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Alex Wright01/01/2014Alex Wright has 10 years investment experience. He joined Fidelity as an analyst in 2001 and was promoted to portfolio manager in February 2008. Alex had previously run an internal European financials pilot fund (For 6 months in 2006) and the predecessor to UK Smaller Companies, a UK small cap pilot fund, for 8 months from mid 2007 until March 2008. He also manages a Fidelity pilot fund (AUM $1m) benchmarked vs the FTSE All Share index. Alex graduated from Warwick University with 1st class HoNours degree in EcoNomics in 2001 and a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Av Fidelity Special Situations EP S3 Pn
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.59%
Bid price452.2
Offer price452.2
Mid price-
CurrencyGBX
Price updated12/12/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI5Q4
Av Fidelity Special Situations EP/IE/XE Pn
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.44%
Bid price1102.3
Offer price1102.3
Mid price-
CurrencyGBX
Price updated12/12/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codePY55
Data provided by

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