Fact sheet: Aegon Caut Core LFS Pfl 2023 Pn

Fund information
Fund name
Aegon Cautious Core Lifestyle Portfolio 2023 Pn ARC
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
Scot Eq Cautious Core Port Pn
Fund objective
This is a lifestyle fund. In the early years (the growth stage) it invests in the Cautious Core Portfolio, which aims to provide long-term capital growth while keeping risk in a target volatility range of 6%-8% over a market cycle, which can last three years or more. It invests mainly in less risky assets like cash, government bonds (gilts), corporate bonds and property. It will also invest around 30% in riskier equities (shares in companies). Six years before the start of your target retirement year (the lifestyle stage), we’ll progressively start switching your investment into our Long Gilt and (in the final two years) 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
  • No Specified Index
Investment style
Cautious,Target Maturity
Investment method
None
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Mixed Investment 0%-35% Shares
Yield
-
Fund size
£0m
Bid price
109.2475
Offer price
109.2475
Top in this sector
Fund name1 Year
B&CE ThePplPnPre-Retm0.5%Pn18.5%
Zurich BlkRk Cnsnss 35 Pn15.2%
Canlife BlkRckConsensus 35Pn15.2%
LV= BlackRock Consensus 35 Pn15.1%
FL Defensive Index FOF Pn15.1%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK38.2%
    International27.1%
    Money Market16.2%
    North America6.8%
    Europe5.5%
  • No data available.
  • Money Market12.1%
    UK Large Cap Companies11.5%
    North American Fixed Interest8.9%
    UK Gilts8.9%
    UK Index-Linked8.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-2.1%7.6%---
Sector-0.5%-0.9%6.6%9.8%22%38.3%
Rank within sector127 / 17673 / 17523 / 166---
Quartile3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector10%2.3%7.6%5.6%6.9%
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 high114.4
52 week low101.13
Current bid price109.25
Current offer price109.25
Current mid price-
Region
1UK38.2%
2International27.1%
3Money Market16.2%
4North America6.8%
5Europe5.5%
6Not Specified3.4%
7Asia Pacific ex Japan1.9%
8Global Emerging Markets0.9%
Industry sector
No data available.
Asset type
1Money Market12.1%
2UK Large Cap Companies11.48%
3North American Fixed Interest8.93%
4UK Gilts8.92%
5UK Index-Linked8.62%
6European Fixed Interest8.48%
7North American Equities7.14%
8UK Corporate Fixed Interest5.99%
9European Large Cap Equity4.8%
Individual holdings
1SE UK CORP BD PEN18.5%
2SCOT EQ UK INDEX TRACKER PN (ARC)16.5%
3SE CASH PEN10.5%
4SE UK GILTS ALL STOCKS TRACKER PEN9.5%
5SE INDEX LINKED PEN8.6%
6SCOT EQ OVERSEAS GOVERNMENT BOND TRACKER PN7%
7SE NTHAMER EQ TRACKER PEN6.5%
8SCOT EQ OVERSEAS CORPORATE BOND TRACKER PN6.2%
9SE CONTINENTAL EURO EQ TRACKER PEN5.2%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This is a lifestyle fund. In the early years (the growth stage) it invests in the Cautious Core Portfolio, which aims to provide long-term capital growth while keeping risk in a target volatility range of 6%-8% over a market cycle, which can last three years or more. It invests mainly in less risky assets like cash, government bonds (gilts), corporate bonds and property. It will also invest around 30% in riskier equities (shares in companies). Six years before the start of your target retirement year (the lifestyle stage), we’ll progressively start switching your investment into our Long Gilt and (in the final two years) 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
  • No Specified Index
Investment style
Cautious,Target Maturity
Investment method
None
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aegon Cautious Core Lifestyle Portfolio 2023 Pn ARC
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.25%
Bid price109.2475
Offer price109.2475
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3QN
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.