Scottish Widows Pacific Growth A

Formerly a TSB fund. Manager change June 2008.

  • 1405.00p
    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!

  • 1.50%
    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).

  • 1.77%
    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.

  • 1.60%
    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 23 January 2020

The Fund's objective is to achieve long-term capital growth by investing in a wide portfolio of primarily Asian and Australasian company shares (excluding Japan).

Fund summary

Sector Asia Pacific Excluding Japan
Structure OEIC
Launched March, 1985
Size £110m
Yield 1.60%
Charging basis Income
Dividends paid Acc units only

Charges

Standard initial charge 0.00%
Initial charge via Bestinvest 0.00%
Additional bid/offer spread 0.00%
Annual management charge 1.50%
Ongoing charges figure 1.77%

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Investment process

The fund aims to give long-term capital growth by investing in the stockmarkets of Asia and Australasia, excluding Japan.

Manager research

Average monthly relative returns

  • 15/16 -0.29%
  • 16/17 0.19%
  • 17/18 -0.12%
  • 18/19 0.05%
  • 19/20 -0.04%

Bestinvest MRI

  • 3 years -0.04%
  • 5 years -0.04%
  • Career -0.05%
  • 3 years 56.40%
  • 5 years 54.80%
  • Career 54.00%

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

Swip Quantitative Investment Group

Sean Phayre is Head of SWIP’s Quantitative Investment Group, tasked with the development of quantitative strategies and structured product capabilities in both Equities and Fixed Interest. He joined SWIP from Aberdeen Asset Management, where he worked as co-head of Derivatives for three years. Prior to that he held various roles within Edinburgh Fund Managers, including head of Quantitative Analysis and was a part of the management team behind Edinburgh US Tracker and Edinburgh UK Tracker. Phayre holds a PhD from the Department of Statistics and Modelling Science at the University of Strathclyde. He also holds an MSc in Industrial Mathematics and a BSc Hons in Mathematical Sciences both also from the University of Strathclyde. He is an Associate of the UK Society of Investment Professionals (ASIP) and holds a PhD in Investment Analysis from the University of Stirling.

Track record

Swip Quantitative Investment Group has 7 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been -0.05%. During the worst period of relative performance (from October 2012 - January 2016) there was a decline of 6% relative to the index. The worst absolute loss has been 15%.

Periods of worst performance

Absolute -15.00% (May 2015 - September 2015)
Relative -6.00% (October 2012 - January 2016)

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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Top 10 holdings

Data accurate as at 27 September 2019

4.04% Samsung Electronics Co
3.99% Alibaba Group Hldg Ltd
3.87% Taiwan Semiconductor Manufacturing
3.7% Tencent Hldgs Ltd
1.6% Ishares Plc Ishares Msci Ac Fe X-Jp Ucits Etf $ Usd
1.5% Bhp Group Ltd
1.38% Aia Group Ltd
1.33% Ping An Insurance(Gr)Co Of China
1.18% China Mobile Ltd
1.01% Australia & New Zealand Bkg Grp
Source: Trustnet

Sector breakdown

Financials 32.00%
Technology 19.00%
Consumer Goods 9.00%
Consumer Services 9.00%
Industrials 9.00%
Telecommunications 5.00%
Basic Materials 5.00%
Utilities 4.00%
Oil & Gas 2.00%
Money Market 2.00%

Key Investor Information

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