Fact sheet: Av Baill Giff UK Eq Alp AP

Fund information
Fund name
Av Baillie Gifford UK Equity Alpha AP
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund managers
  • Gerard Callahansince 01/09/2010
Underlying fund
Baillie Gifford UK Eq Alpha
Fund objective
Baillie Gifford state that the aim of the fund is to produce attractive returns, mainly through capital growth, which exceeds that of the FTSE All-Share Index over the long term. To invest mainly in shares of UK companies. At least 90% in value of the Fund will generally be invested in shares of companies listed in the FTSE All-Share Index. The Fund will be concentrated and comprise of between 30 and 40 holdings. The Fund’s share price can be volatile due to movements in the prices of the underlying holdings and the basis on which the Fund is priced.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
20%
1 Year rank in sector
3/841
Sector
PN UK All Companies
Yield
-
Fund size
£3m (£2m 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.
113
Top in this sector
Fund name1 Year
Wesleyan UK Hgh / Risk Sh Pn21.6%
Stan Life SLI UK Eq Uncon Pn20.2%
Av Baill Giff UK Eq Alp AP20%
OMW JPM Mid Cap Inv Trust19.7%
AegonBailGifUKEquAlp Pn18.5%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK96.3%
    Money Market3.7%
  • Consumer Services26.3%
    Industrials23.9%
    Financials19%
    Health Care8.2%
    Basic Materials7.8%
  • UK Equities96.3%
    Money Market3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund9.1%6.8%13.1%20%41.4%61%
Sector6.7%7.5%6.1%6.8%21.2%42.9%
Rank within sector29 / 848682 / 8474 / 8473 / 84121 / 80477 / 761
Quartile1st4th1st1st1st1st
Calendar performance
 YTD - 20182017201620152014
Fund6.7%24.6%13.5%9.1%-11.1%
Sector2.8%12.3%10.2%4.4%0.6%
Rank within sector23 / 84726 / 833305 / 810182 / 798772 / 773
Quartile1st1st2nd1st4th
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.
4.18
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.
1.16
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.
0.59
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%.
13.13
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.
6.15
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.
0.79
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.
0.78
Price movement
52 week high552.4
52 week low453.4
Current bid price-
Current offer price-
Current mid price552.4
Region
1UK96.3%
2Money Market3.7%
Industry sector
1Consumer Services26.3%
2Industrials23.9%
3Financials19%
4Health Care8.2%
5Basic Materials7.8%
6Consumer Goods5.6%
7Money Market3.7%
8Technology3.6%
9Oil & Gas1.9%
Asset type
1UK Equities96.3%
2Money Market3.7%
Individual holdings
1RIGHTMOVE PLC7.2%
2HARGREAVES LANSDOWN PLC5.1%
3ASOS5%
4RENISHAW ORD GBP0.204.8%
5AUTO TRADER GROUP PLC4.7%
6RATHBONE BROTHERS PLC4.7%
7HOMESERVE4.5%
8ABCAM4.1%
9JOHNSON MATTHEY PLC3.6%
Management
Fund manager group
Aviva
Fund manager company
Aviva Life & Pensions UK Ltd
Fund type
Pension Fund
Fund objective
Baillie Gifford state that the aim of the fund is to produce attractive returns, mainly through capital growth, which exceeds that of the FTSE All-Share Index over the long term. To invest mainly in shares of UK companies. At least 90% in value of the Fund will generally be invested in shares of companies listed in the FTSE All-Share Index. The Fund will be concentrated and comprise of between 30 and 40 holdings. The Fund’s share price can be volatile due to movements in the prices of the underlying holdings and the basis on which the Fund is priced.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Gerard Callahan01/09/2010Gerard graduated BA in Politics, Philosophy and Economics from Oxford University in 1991. He joined Baillie Gifford in the same year and became a Partner in 2000. Gerard became Head of our UK Equity Team in 2007. He has been the lead manager of our UK Alpha strategy since launch in 2000.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Av Baillie Gifford UK Equity Alpha AP
Initial charge-
Annual charge0.39%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price552.4
CurrencyGBX
Price updated17/05/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEX43
Av Baillie Gifford UK Equity Alpha AP Inet
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.38%
Bid price-
Offer price-
Mid price529.3
CurrencyGBX
Price updated17/05/2018
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEN73
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Money Observer and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.