Scottish Widows Opportunities Portfolio A

  • 232.70p
    Price (Inc)

    These are the shares in the fund that pay out an income to clients. The income is made up of the total dividends – the money a company can pay out to its investors – from the companies in the fund.

  • -
    Price (Acc)

    These are the shares in the fund that don’t pay out an income to clients. Any dividends – the money a company can pay out to its investors – are reinvested into companies in the fund. Despite no income, the shares should be worth more over time. Good incentive, eh?

  • 0.00%

    Initial charge

    Some funds charge you when you first invest, which is aptly known as the initial charge. They’re usually between 3-5% but at Bestinvest, we usually don’t charge you a penny!

  • 2.00%
    Annual management charge

    This is how much the fund management company charges to run the fund. It’s like paying a babysitter, dog sitter or house sitter (that makes well-informed, heavily researched changes to improve your baby/dog/house when needed).

  • 2.00%
    Ongoing charges

    This stands for Ongoing Charges Figure. It’s the cost of running a fund and includes admin fees, manager fees, administration costs, etc.

  • 0.70%
    Yield

    How much the fund is currently paying out in income to investors. It’s NOT to be confused with the overall growth of a fund – a very different thing indeed. It’s also NOT a guarantee of future pay-outs, just a snapshot. This is more what it’s not than what it is…

Prices as at 17 September 2020, fund data last updated 13 December 2004

A multi-manager equity oriented fund run by Frank Russell Co., structured to offer investors improved risk adjusted returns through diversification across different investment styles. This product offers a more competitive charging structure relative to similar alternatives. Note that this fund's weighting in bonds, means that its IA benchmark (Global) is not wholly representative and so may distort performance comparisons.

Fund summary

Sector Flexible Investment
Structure OEIC
Launched
Size £83m
Yield 0.70%
Charging basis
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Annual management charge 2.00%
Ongoing charges figure 2.00%

Allocation

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Investment process

This is a multi-manager product constructed by Frank Russell on behalf of Scottish Widows. Frank Russell are international multi-manager specialists who use quantitative and qualitative techniques to analyse fund manager performance and process. They subsequently construct portfolios that are diversified by managers exhibiting different investment styles. These individual mandates are then monitored in real time by Frank Russell. Fund turnover averages about 15% per annum.

Manager research

Average monthly relative returns

  • 15/16 0.00%
  • 16/17 0.00%
  • 17/18 0.00%
  • 18/19 0.00%
  • 19/20 0.00%

Bestinvest MRI

  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%
  • 3 years 0.00%
  • 5 years 0.00%
  • Career 0.00%

Performance figures are based on the average of monthly percentage returns relative to the benchmark index.

Track record

Periods of worst performance

Absolute 0.00% ()
Relative 0.00% ()

About the MRI

Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level.

Allocation

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Sector breakdown

Equities 38.00%
Equities 35.00%
Equities 9.00%
Fixed Interest 9.00%
Equities 5.00%
Equities 2.00%
Fixed Interest 1.00%
Money Market 1.00%

Portfolio

54% international equities, 36% UK equities, 10% bonds. Fixed Interest exposure is minimum AA rated quality and target equity exposure of 90%.

Key Investor Information

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