SWIP Multi-Manager UK Equity Focus Fund

Fund objective

The Multi-Manager UK Equity Focus fund is designed to provide investors with actively managed exposure to the UK equity market. The Fund aims to add value above the total return of the FTSE All Share index primarily through active stock selection. Factors that may contribute to risk, such as style, sector or market capitalisation bias, are monitored but managers are not overly constrained.

Literature

Document
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SWIP Multi-Manager Full Prospectus
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SWIP Multi-Manager OEIC Application Form - Sterling and Dollar Share Classes
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SWIP Multi-Manager OEIC Simplified Prospectus
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SWIP Multi-Manager UK Equity Focus Fund Factsheet
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Fund performance (calendar years)

 Fund/index return Since inception 2012** 2011 2010 2009 2008
Fund return % 5.7 8.9 -6.8 13.6 22.5 -32.4
*FTSE All Share % 7.2 6.1 -3.5 14.5 30.1 -29.9
Median return % 6.5 8.1 -6.6 15.2 28.5 -30.9

Source: Lipper, net of fees. *SWIP.
Past performance is not a guide to future performance.
**Year to date figure.

Fund information

Fund launch date 18 October 2004
Fund manager Andrew Perham
Fund size £1186m
Base currency GBP
Benchmark FTSE All-Share Index
IMA sector UK All Companies
Income yield 1.0%
Valuation point 12:00 noon
SWIP code 45401
ISIN code A Acc - GB00B02G7C68
Sedol code A Acc - B02G7C6
Bloomberg code A Acc - MMUKEFA LN
Vodafone Group  5.3%
GlaxoSmithKline 4.7%
BG Group 4.3%
BP 4.0%
Rio Tinto 3.1%
British American Tobacco 2.4%
HSBC Holdings 2.2%
Prudential 2.1%
BHP Billiton 1.9%
Pearson 1.9%

Source: SWIP

All data as at 31 March 2012 unless otherwise stated



You should note that the value of your investment can go down as well as up and investors may not get back the full amount invested.

The Fund may have holdings which are denominated in different currencies and may be affected by movements in exchange rates.  Consequently, the value of the investment may rise or fall in line with the exchange rates.

Further details of the specific risks relating to investment in a Fund can be found in the relevant Prospectus and the Simplified Prospectus or Key Investor Information Document (KIID).



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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).