Fact sheet: Aegon 40/60 Gbl Eq LFS 2023 Pn

Fund information
Fund name
Aegon 40/60 Global Equity LifeStyle 2023 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
129.1444
Offer price
129.1444
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn44.9%
Baillie Gifford Lng Tm Gbl Gth Pn39.6%
Zurich BailGfrd LgTrmGblGth39.2%
Stan Life BGiff LgTmGlGtOEICPn38.2%
FL Baillie Giff LT Gbl Gth Pn36.4%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • UK36.4%
    North America27.4%
    Money Market12.2%
    Europe10.8%
    Japan6%
  • Financial Services19.3%
    Consumer Staples11.9%
    Cyclical Consumer Goods11.8%
    Health Care10.7%
    Industrials10.7%
  • UK Large Cap Companies27.6%
    North American Equities27.3%
    Money Market12.2%
    European Large Cap Equity9.5%
    UK Mid Cap Companies7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%3.3%6.2%---
Sector-0.2%3.5%5.2%23.7%42.6%82.3%
Rank within sector556 / 1051593 / 1050295 / 1030---
Quartile3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.5%----
Sector4.1%22.4%3.7%7.8%21.4%
Rank within sector628 / 1035----
Quartile3rd
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 high131.93
52 week low100.54
Current bid price129.14
Current offer price129.14
Current mid price-
Region
1UK36.38%
2North America27.42%
3Money Market12.17%
4Europe10.8%
5Japan6%
6Asia Pacific ex Japan4.41%
7International2.43%
8Global Emerging Markets0.26%
9Not Specified0.14%
Industry sector
1Financial Services19.3%
2Consumer Staples11.9%
3Cyclical Consumer Goods11.8%
4Health Care10.7%
5Industrials10.7%
6Energy9.6%
7Technology8.6%
8Basic Materials7%
9Telecommunications Utilities4.4%
Asset type
1UK Large Cap Companies27.56%
2North American Equities27.27%
3Money Market12.17%
4European Large Cap Equity9.46%
5UK Mid Cap Companies6.98%
6Japanese Equities6%
7Asia Pacific ex Japan Equities4.32%
8UK Small Cap Companies1.84%
9Others1.53%
Individual holdings
1HSBC HOLDINGS PLC2.2%
2BRITISH AMERICAN TOBACCO HLDGS1.6%
3BP PLC1.5%
4ROYAL DUTCH SHELL1.5%
5GLAXOSMITHKLINE PLC1.4%
6ROYAL DUTCH SHELL1.4%
7APPLE INC1.3%
8ASTRAZENECA PLC1%
9DIAGEO PLC1%
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 2023 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 price129.1444
Offer price129.1444
Mid price-
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3RK
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.