SWIP Absolute Return UK Equity Fund

Fund objective

To achieve a positive capital return, over the long term, regardless of market conditions, through investment and disinvestment (directly and indirectly) in a portfolio predominantly consisting of UK equities, related derivative contracts, money market instruments, cash, near cash and deposits.

Literature

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Document
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SWIP UK OEIC Full Prospectus
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SWIP UK OEIC Simplified Prospectus
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Fund price

Date
Share class
Price
Today’s change
% Change
02.09.2010
A (Acc)
98.68
-0.35
-0.35

Source: Financial Express. Net share class displayed unless otherwise stated.

Fund performance - calendar years (%)

2010* 2009 2008 2007 2006
Fund -0.18 29.73 -29.66 -6.67 n/a
Sector average n/a n/a n/a n/a n/a
Benchmark 2.73 5.29 9.88 10.41 n/a
Quartile n/a n/a n/a n/a n/a

Source: Lipper, mid-mid basis, net of fees. Index, 3 Month LIBOR

Past performance is not a guide to future performance. *year to date

Fund information

Fund launch date 17 May 2006
Fund manager James Clunie
Fund size £3.3m
Benchmark 3 month LIBOR
Sector IMA Specialist
Yield 1.3%
Valuation point 12:00
ISIN GB00B1265J60
SEDOL B1265J6
Bloomberg SWARUAA LN
Resolution Ltd 13.8%
Northern Foods 8.0%
GlaxoSmithKline 6.1%
Standard Life 6.0%
Indus Gas Ltd 5.1%
National Grid 5.1%
Royal & Sun Alliance 4.9%
Ultra Electronics Holdings 4.8%
KSK power Ventur 4.1%
AstraZeneca 3.9%

Source: SWIP

All data as at 31 July 2010 unless otherwise stated

 


 



Compliance

Important Compliance Information for retail clients


Important Compliance Information for retail clients

Please read this page before proceeding, as it explains certain restrictions imposed by law on the distribution of this information and the countries in which our funds are authorised for sale. It is your responsibility to be aware of and to observe all applicable laws and regulations of any relevant jurisdiction.

This does not constitute an offer or solicitation to sell shares in any of the funds referred to on this site, by anyone in any jurisdiction in which such offer, solicitation or distribution would be unlawful or in which the person making such offer or solicitation is not qualified to do so or to anyone to whom it is unlawful to make such offer or solicitation.

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You may leave the Scottish Widows Investment Partnership Limited (SWIP) website when you access certain links on this website. In so doing, you may be proceeding to the site of an organisation that is not regulated under the UK Financial Services and Markets Act 2000. SWIP has not examined any of these websites and does not assume any responsibility for the contents of such websites nor the services, products or items offered through such websites.

SWIP shall have no liability for any data transmission errors such as data loss or damage or alteration of any kind, including, but not limited to, any direct, indirect or consequential damage, arising out of the use of the services provided herein.

On accessing the SWIP website, you are aware of the following investment risks applicable to all SWIP funds:

  • Past performance is no guarantee of future performance.
  • The value of investments and the income from them may go down as well as up and are not guaranteed.
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  • Taxation rules and legislation may change without notice.
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This site is operated and issued by Scottish Widows Investment Partnership Limited, Company No. 794936. Registered Office in the United Kingdom at 33 Old Broad Street, London EC2N 1HZ. Tel: 0131 655 8500. Scottish Widows Investment Partnership Limited is authorised and regulated by the Financial Services Authority and is entered on their register under number 193707 www.fsa.gov.uk.

Scottish Widows Investment Partnership Limited (SWIP) is registered in England and Wales, Company No. 794936. Registered Office is at 33 Old Broad Street, London EC2N 1HZ. Tel: 0131 655 8500. SWIP is authorised and regulated by the Financial Services Authority and is entered on their register under number 193707 (www.fsa.gov.uk).