Fact sheet: Aegon Corporate Bond Tracker Pn

Fund information
Fund name
Aegon Corporate Bond Tracker Pn ARC
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
  • Duncan Fergussonsince 23/05/2011
Underlying fund
BlackRock Corp BdTrk
Fund objective
This fund aims to achieve a total return for investors by closely tracking the performance of the Markit iBoxx Sterling Non-Gilts Overall TR Index by investing in fixed income securities (bonds) contained in the index. It does so by investing directly in the corporate bonds issued by companies that make up the index and via other transferable securities that give exposure to those companies. The fund may also invest in permitted money market instruments, permitted cash deposits, and units in collective investment schemes.
Benchmark
  • Markit iBoxx GBP Non-Gilts
Investment style
None,Passive/Tracking
Investment method
Fixed Interest, Physical – Sampled/Optimised
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£0m
Bid price
103.5632
Offer price
103.5632
Top in this sector
Fund name1 Year
AEGON Long Core Plus Pn13.4%
MetLife Fid Corp Bd 20yr Pn12.3%
L&G PMC AAAAAA CpBd Ov15Y Id Pn11.3%
OMW IPL L&G AAA CrpBdOv15YIx Pn11.3%
FL TEActv Bln Bd IE11.1%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK46.5%
    USA11.4%
    Germany10%
    International8.2%
    France7.5%
  • Financials26.3%
    Industrials25.7%
    Government Agency Bonds15.9%
    Utilities12.9%
    Fixed Interest8.2%
  • UK Fixed Interest46.8%
    US Fixed Interest11.4%
    German Fixed Interest10%
    Global Fixed Interest8.2%
    French Fixed Interest7.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-5.7%3.2%---
Sector-1.4%-5.1%3.2%6.5%18.1%39.4%
Rank within sector156 / 264202 / 264130 / 264---
Quartile3rd4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector7.4%0.2%10.5%1%13.5%
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 high110.52
52 week low100.38
Current bid price103.56
Current offer price103.56
Current mid price-
Region
1UK46.47%
2USA11.38%
3Germany10.04%
4International8.18%
5France7.51%
6Netherlands3.18%
7Australia2.05%
8Italy1.57%
9Sweden1.27%
Industry sector
1Financials26.27%
2Industrials25.71%
3Government Agency Bonds15.85%
4Utilities12.9%
5Fixed Interest8.18%
6Asset/Mortgage-Backed Securities4.86%
7Mortgage & Secured Bonds3.51%
8Government Bonds1.57%
9Local Government Bonds0.69%
Asset type
1UK Fixed Interest46.76%
2US Fixed Interest11.38%
3German Fixed Interest10.04%
4Global Fixed Interest8.18%
5French Fixed Interest7.51%
6Dutch Fixed Interest3.18%
7Australian Fixed Interest2.05%
8Italian Fixed Interest1.57%
9Swedish Fixed Interest1.27%
Individual holdings
1EUROPEAN INVESTMENT BANK 1.5% BDS 01/02/19 EUR10001.02%
2KREDITANSTALT FUER WIEDERAUFBAU KFW 6% BDS 7/12/2028 GBP10000.82%
3EUROPEAN INVESTMENT BANK 5.625% BDS 7/6/2032 GBP10000.65%
4EUROPEAN INVESTMENT BANK 1.375% BDS 15/01/18 GBP1000000.62%
5EUROPEAN INVESTMENT BANK 6% BDS 7/12/2028 GBP10000.58%
6KREDITANSTALT FUER WIEDERAUFBAU KFW 5.55% BDS 7/6/2021 GBP10000.53%
7KFW MTN REGS 1.125 12/23/20190.5%
8BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500000.45%
9EUROPEAN INVESTMENT BANK 5% BDS 15/4/2039 GBP10000.45%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims to achieve a total return for investors by closely tracking the performance of the Markit iBoxx Sterling Non-Gilts Overall TR Index by investing in fixed income securities (bonds) contained in the index. It does so by investing directly in the corporate bonds issued by companies that make up the index and via other transferable securities that give exposure to those companies. The fund may also invest in permitted money market instruments, permitted cash deposits, and units in collective investment schemes.
Benchmark
  • Markit iBoxx GBP Non-Gilts
Investment style
None,Passive/Tracking
Investment method
Fixed Interest, Physical – Sampled/Optimised
Fund manager
NameSinceBiography
Duncan Fergusson23/05/2011Duncan Fergusson, Director and portfolio manager, is a member of BlackRock's Model-Based Fixed Income Portfolio Management Group. Mr. Fergusson's service with the firm dates back to 2003, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a member of the Portfolio Solutions team. Prior to this, he worked on the Securities Lending team. Mr. Fergusson earned a BSc degree in business administration from the University of Bath.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aegon Corporate Bond Tracker Pn ARC
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.1%
Bid price103.5632
Offer price103.5632
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3QO
Data provided by

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