Fact sheet: Aegon 40/60 Gbl Eq LFS 2020 Pn

Fund information
Fund name
Aegon 40/60 Global Equity LifeStyle 2020 Pn ARC
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
Scot Eq BRAq 4060 GlEqIdLS Pn
Fund objective
This fund uses a two-stage investment process called lifestyling. In the early years (the growth stage) it invests wholly in the Scottish Equitable BlackRock Aquila 40/60 Global Equity Index fund, which aims to provide returns consistent with the markets it invests in by investing 40% in UK equities (shares) and 60% in overseas equities. Six years before the start of your target retirement year (the lifestyle stage) we’ll progressively start switching your investment into the Scottish Equitable BlackRock Aquila Over 15 years UK Gilt Index fund and (in the final two years) our Cash fund, with the aim of giving you more certainty about the level of annuity you’ll be able to buy when you retire and to cater for your maximum tax-free cash entitlement, currently 25% of your pension pot. We review our lifestyle funds from time to time and may change how they work if we believe this to be in the best interests of investors.
Benchmark
  • Composite
Investment style
Target Maturity
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Global Equities
Yield
-
Fund size
£0m
Bid price
112.8207
Offer price
112.8207
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn38.2%
RLP Dimensional Gbl Targeted Val Pn36.5%
Stan Life M&G Global Dividend Pn34.9%
Aviva Sch Gbl Eq Inc Pn34.8%
OMW IPL M&G Global Dividend Pn34.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • UK44.6%
    USA28%
    Eurozone8.7%
    Japan7%
    Europe4.2%
  • Financial Services17.9%
    Consumer Staples13.6%
    Cyclical Consumer Goods11.7%
    Health Care11.3%
    Industrials10.6%
  • UK Large Cap Companies28.3%
    North American Equities25.6%
    International Equities15.3%
    European Large Cap Equity9.6%
    UK Mid Cap Companies6.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%-4.9%9.1%---
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector830 / 10391006 / 1035947 / 1025---
Quartile4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector18.7%3.7%7.8%21.4%11.2%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
-
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
-
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
-
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
-
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
-
Price movement
52 week high120.32
52 week low101.76
Current bid price112.82
Current offer price112.82
Current mid price-
Region
1UK44.6%
2USA28%
3Eurozone8.7%
4Japan7%
5Europe4.2%
6Asia2.6%
7Canada2.3%
8Australasia2.1%
9Emerging Asia0.3%
Industry sector
1Financial Services17.9%
2Consumer Staples13.6%
3Cyclical Consumer Goods11.7%
4Health Care11.3%
5Industrials10.6%
6Technology9%
7Energy8.4%
8Basic Materials6.3%
9Telecommunications Utilities4.8%
Asset type
1UK Large Cap Companies28.3%
2North American Equities25.6%
3International Equities15.26%
4European Large Cap Equity9.64%
5UK Mid Cap Companies6.64%
6Japanese Equities6.14%
7Asia Pacific ex Japan Equities4.48%
8UK Small Cap Companies1.88%
9European Mid Cap Equity1.21%
Individual holdings
1S&P500 EMINI DEC 1614.2%
2HSBC HOLDINGS PLC2.1%
3BRITISH AMERICAN TOBACCO HLDGS1.7%
4BP PLC1.5%
5ROYAL DUTCH SHELL1.5%
6GLAXOSMITHKLINE PLC1.4%
7ROYAL DUTCH SHELL1.3%
8ASTRAZENECA PLC1.1%
9VODAFONE GROUP1.1%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund uses a two-stage investment process called lifestyling. In the early years (the growth stage) it invests wholly in the Scottish Equitable BlackRock Aquila 40/60 Global Equity Index fund, which aims to provide returns consistent with the markets it invests in by investing 40% in UK equities (shares) and 60% in overseas equities. Six years before the start of your target retirement year (the lifestyle stage) we’ll progressively start switching your investment into the Scottish Equitable BlackRock Aquila Over 15 years UK Gilt Index fund and (in the final two years) our Cash fund, with the aim of giving you more certainty about the level of annuity you’ll be able to buy when you retire and to cater for your maximum tax-free cash entitlement, currently 25% of your pension pot. We review our lifestyle funds from time to time and may change how they work if we believe this to be in the best interests of investors.
Benchmark
  • Composite
Investment style
Target Maturity
Investment method
Shares
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aegon 40/60 Global Equity LifeStyle 2020 Pn ARC
Initial charge-
Annual charge0.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.05%
Bid price112.8207
Offer price112.8207
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3RH
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.