Fact sheet: Av SchrdrUKOppsFP Pn

Fund information
Fund name
Av Schroder UK Opportunities FP Pn
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Michael Zorkosince 30/06/2017
  • Matt Hudsonsince 07/09/2014
Underlying fund
Schroder UK Opportunities
Fund objective
Schroder state that the fund aims to provide capital growth and income. At least 80% of the fund will be invested in shares of large and medium-sized UK companies. The fund has no bias to any particular industry. The fund aims to take advantage of investment opportunities in varying market conditions. The fund follows an investment approach based around the business cycle, where the managers attempt to identify turning points in the cycle and then focus on the types of companies they believe will benefit from it. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
17%
1 Year rank in sector
123/850
Sector
PN UK All Companies
Yield
-
Fund size
£7m (£6m 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.
103
Top in this sector
Fund name1 Year
OMW Old Mutual UK Dynamic Equity31.9%
Av Old Mtl UK Mid Cap FP Pn28.9%
OMW Marlborgh UK MltiCap Gth28.9%
SIP Old Mut UK Mcap Pn28.3%
Stan Life SLI UK Opps Pn27.9%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK96.7%
    Money Market2%
    Guernsey0.9%
    USA0.5%
  • Financials29.7%
    Industrials13.5%
    Consumer Services11.9%
    Oil & Gas10%
    Basic Materials9.3%
  • UK Equities98%
    Money Market1.5%
    US Equities0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.4%2.7%2.7%17%29.6%-
Sector0.9%1.7%1.2%12.6%29.8%58.9%
Rank within sector142 / 864195 / 858190 / 858123 / 850410 / 812-
Quartile1st1st1st1st3rd
Calendar performance
 YTD - 20172016201520142013
Fund14.1%7.7%2.3%-6.9%-
Sector10%10.2%4.4%0.6%24.2%
Rank within sector125 / 849562 / 825458 / 812755 / 788-
Quartile1st3rd3rd4th
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.
-0.13
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.
1.08
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.
0.46
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%.
10.35
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.
3
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.
0.13
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.
0.92
Price movement
52 week high141.7
52 week low120.2
Current bid price-
Current offer price-
Current mid price140.6
Region
1UK96.66%
2Money Market1.99%
3Guernsey0.88%
4USA0.46%
Industry sector
1Financials29.72%
2Industrials13.53%
3Consumer Services11.88%
4Oil & Gas9.96%
5Basic Materials9.3%
6Consumer Goods8.15%
7Health Care7.02%
8Technology4.86%
9Telecommunications3.58%
Asset type
1UK Equities98.01%
2Money Market1.53%
3US Equities0.46%
Individual holdings
1ROYAL DUTCH SHELL9.36%
2GLAXOSMITHKLINE4.13%
3PRUDENTIAL PLC3.92%
4BHP BILLITON PLC3.67%
5VODAFONE GROUP PLC3.58%
6RIO TINTO3.54%
7BARCLAYS3.4%
8STANDARD CHARTERED3.19%
9LLOYDS BANKING GROUP PLC3.17%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
Schroder state that the fund aims to provide capital growth and income. At least 80% of the fund will be invested in shares of large and medium-sized UK companies. The fund has no bias to any particular industry. The fund aims to take advantage of investment opportunities in varying market conditions. The fund follows an investment approach based around the business cycle, where the managers attempt to identify turning points in the cycle and then focus on the types of companies they believe will benefit from it. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Michael Zorko30/06/2017Michael Zorko is a Fund Manager at Schroders, providing back-up for the Schroder UK Alpha Income Fund, the Equity Income Trust for Charities, the Schroder UK Opportunities Fund and the Schroder ISF UK Opportunities. He joined Cazenove Capital Management shortly before Schroders aquisition in 2013. He joined Schroders in 2013 and is based in London. Michael was an Analyst at Exane BNP Paribas from 2009 to 2013, in the Extel Top 5 ranked telecoms team. He was a Chartered Accountant at PriceWaterhouseCoopers from 2006 to 2009, which involved conducting company audits. Qualifications: BA in Physics from Oxford University.
Matt Hudson07/09/2014Matt Hudson is a member of the Cazenove Capital Pan-European Equity team at Schroders, with responsibility for equity income portfolios. Matt manages the Cazenove UK Equity Income Fund and the Equity Income Trust for Charities, a UK authorised Common Investment Fund. Matt joined Cazenove Capital in 2001 from AIB Govett Investment Management. Prior to this he was a chartered accountant at PriceWaterhouseCoopers. Matt graduated from Cambridge University with a degree in History. He has 14 years of investment experience.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Av Schroder UK Opportunities FP Pn
Initial charge1.75%
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price140.6
CurrencyGBX
Price updated14/12/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ8GZ
Av Schroder UK Opportunities FP Pn Inet
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.31%
Bid price-
Offer price-
Mid price130.26
CurrencyGBX
Price updated14/12/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ8HA
Data provided by

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