Managed Growth 4 PDF Factsheet - FE fundinfo

1 FACTSHEET31 July 2022 OEICS cottish Widows Managed Growth 4 L (absolute return) ObjectiveThe fund aims to achieve capital Growth by investing in a portfolio of collective investment schemes to achieve exposure to a wide range of investments, consisting of UK and Global shares and fixed interest securities, with the remainder in property assets and some exposure to absolute return strategies. We do not quote a benchmark or outperformance target for the fund . This is because the asset allocation of the fund will change over time. Many funds sold in the UK are grouped into sectors by the Investment Association (the trade body that represents UK investment managers) to help investors compare funds with broadly similar characteristics. Investors may wish to consider the performance of the fund by looking at the performance of the Mixed Investment 20-60% Shares Sector which as of February 2020 has a broadly similar allocation to shares, fixed interest securities and cash.

2 The fund may not always align with this sector and any changes will be notified via our website, accessible via the fund Changes link below. For further information on this fund 's policy and objectives, please refer to the Prospectus. This document can be accessed via the following link: Prospectus fund Changes Asset Allocation (as at 30/06/2022)The composition of asset mix and asset allocation may change at any time and exclude cash unless otherwise statedFund Launch Date16/09/2019 fund Size UnclassifiedISINGB00 BJRSQ785 MEX IDTSYOYESEDOLBJRSQ78 Manager NamePhilip ChandlerManager Since07/02 document is provided for the purpose of information only. This Factsheet is intended for individuals who are familiar with investment terminology. This material should not be relied upon as sufficient information to support an investment decision.

3 The portfolio data on this Factsheet is updated on a quarterly StatementInvestors can view their current holdings by logging in to the internet banking account through which this fund was fund InformationTop Ten Holdings (as at 30/06/2022)SCOTTISH WIDOWS UK ALL SHARE TRACKER fund X WIDOWS INTERNATIONAL EQUITY TRACKER X WIDOWS CORPORATE BOND W WIDOWS CORPORATE BOND 1 W LIFE INVESTMENTS UK REAL ESTATE feeder fund WIDOWS FUNDAMENTAL INDEX GLOBAL EQUITY fund X WIDOWS EMERGING MARKETS fund X ISF EMERGING MARKET BOND WIDOWS HIGH INCOME BOND X 1 - GBP DIVERSIFIED RETURN fund 1 Scottish Widows Managed Growth 4 L AccPast PerformancePast performance is not a guide to future performance. Investment value and income from it may fall as well as rise, as a result of market and currency movements.

4 You may not get back the amount originally Performance30/06/2021 - 30/06/202230/06/2020 - 30/06/202130/06/2019 - 30/06/202030/06/2018 - 30/06/201930/06/2017 - 30/06/2018 Scottish Widows Managed Growth 4 L is shown as unavailable if prior to the launch of Performance30/06/2022 - 31/07/202230/04/2022 - 31/07/202231/07/2021 - 31/07/202231/07/2019 - 31/07/202231/07/2017 - 31/07/2022 Scottish Widows Managed Growth 4 L : FE fundinfo as at 31/07/2022 Performance figures are in Sterling on a single pricing basis, with income (where applicable) reinvested gross of UK tax and net of total annual fund charges. These figures do not include any initial charge or other product charge(s) that may be Morningstar Rating-Morningstar Analyst Rating-FE fundinfo Crown Rating- fund Rating Information The FE fundinfo Crown Rating relates to this fund .

5 However, the Morningstar ratings are based on the underlying fund . These are supplied by the respective independent ratings agencies and are the latest available at the time this Factsheet was issued. Past performance is not a reliable indicator of future InformationThe views, opinions and forecasts expressed in this document are those of the fund manager. Investment markets and conditions can change rapidly and as such the views expressed should not be taken as statement of fact, nor should reliance be placed on these views when making investment decisions. Scottish Widows Unit Trust Managers Ltd PO Box 24177 Edinburgh EH3 1HT OEIC & ISA Enquiries: 0345 300 2244 General Enquiries: 0131 655 6000 Not all products have access to this fund , please refer to the relevant product literature.

6 Full terms and conditions are available on request from us using the contact details provided. Charges, terms and the selection of funds we make available may change. Information on the general and specific risks associated with investing in this fund is available in the relevant fund guide, or KIID where applicable. All information is sourced from Scottish Widows or the relevant fund management group unless otherwise fund Manager ReviewGlobal equities were under pressure in the second quarter as investors moved to price in further interest rate rises and an increased risk of recession. Inflation continued to move higher in many major economies during the quarter. Among equities, the MSCI Value index outperformed its Growth counterpart, but both saw sharp falls. Chinese shares proved a bright spot as prolonged lockdowns were lifted in some major cities.

7 Eurozone shares saw further declines as the war in Ukraine continued and concerns mounted over potential gas shortages. Higher inflation is also denting consumer confidence, with the European Central Bank (ECB) poised to raise interest rates in July. The Japanese stock market declined, while Asia ex Japan and emerging market equities also registered a negative return in the second quarter as investor sentiment turned increasingly downbeat amid concerns that rising global inflation and ongoing supply chain problems, accentuated by the war in Ukraine, could tip the world into recession. Bonds continued to sell off sharply, with yields markedly higher amid still elevated inflation data, hawkish central banks and rising interest rates. Bonds rallied into quarter-end amid rising Growth concerns, slightly curtailing the negative returns.

8 Data throughout the quarter showed inflation rates in major economies continuing to run at multi-decade highs, with various central banks raising interest rates and others signalling their intention to do so soon. Corporate bonds suffered in the broad bond market sell-off, underperforming government bonds as spreads widened markedly. With mounting concerns over the economic outlook, high yield credit was particularly hard hit. UK equities fell over the quarter. Economically sensitive areas of the market performed poorly towards the end of the period amid rising recessionary risks. Large cap companies held up relatively well as traditionally defensive areas of the market outperformed, including the telecoms, healthcare and consumer staples sectors. In contrast, UK small and mid caps (SMIDs) were negatively impacted by a relatively high weighting to UK consumer focused companies.

9 Here, fears around the impact of high inflation and cost of living crisis on future earnings weighed heavily on stock Chandler 30/06/2022 The views, opinions and forecasts expressed in this document are those of the fund management house. Investment markets and conditions can change rapidly and as such the views expressed should not be taken as statements of fact, nor should reliance be placed on these views when making investment 19 Jul 20 Apr 21 Jan 22 Aug 22-10%0%10%20%16/09/2019 - 29/07/2022 Powered by data from FE fundinfoScottish Widows Unit Trust Managers Limited. Registered in England and Wales No. 1629925. Registered Office in the United Kingdom at 25 Gresham Street, London, EC2V 7HN. Tel: 0345 3002244. Scottish Widows Unit Trust Managers Limited is authorised and regulated by the Financial Conduct Authority.

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