Scottish Widows "pens portfolio two"

ferox666

Hi, my current pension is with Scottish Widows "pens portfolio two" (I had selected "medium" risk out of the 3 options, low, medium, high). I have viewed it's performance on trustnet and it seems to have been performing quite well over the last few years?

I was just curious if there's a way I can see the components of what the fund actually invests in? Do IFA's have access to that? E.g. if I view an investment fund on Hargreaves Lansdown it usually shows the top 5 investments e.g. 4% in shares in Company XYZ. I was just curious to know the investment split. I will request from ScottishWidows if nothing available online, was just curious if there was a site/source I wasn't aware of that has these details.

dunstonh

I was just curious if there's a way I can see the components of what the fund actually invests in? Do IFA's have access to that?

The IFA should have access to it as the IFA is required to do due diligence and know what type underlying assets are used. Typically software like Financial Express Analytics or similar does the job.

I havent looked recently but SW used to issue morningstar versions on their website.

dtaylor84

If you go here you can search for your fund. You'd need to read the text at the top and work out what 'series' your funds are.

If it was, for example, the Scottish Widows Pension Portfolio Two Series 2, you could click on the 'fund information' icon to go here: http://factsheets.financialexpress.net/scow/SCD.pdf.

That doesn't show you the holdings, but it does give you the SEDOL code, which you can Google and find more information, like http://www.trustnetoffshore.com/Factsheets/FundFactsheetPDF.aspx?fundCode=QGF29&univ=A

Unfortunately that just shows that it is composed of two other Scottish Widows funds:

84.3% SCOT WID STATE STREET 50:50 GLOBAL EQUITY INDEX PN S1
15.7% SCOT WID CORPORATE BOND A INC

You'd then have to repeat the whole process to find what they hold...

ferox666

wow, thanks! Useful, but obviously still quite cryptic following through to actual holdings. It seems to be performing OK anyway and as it's a relatively small amount being contributed, I'm minded just to continue (for now) with this pension.

dunstonh

The fund in question is a fettered fund of funds. It's underlying holdings are two more funds. You need to look at those two funds to see what they hold (unless the software you have access to via your adviser shows it).

ferox666

Many thanks, I'll do this