Fact sheet: Aegon Fundsmith Equity Pn

Fund information
Fund name
Aegon Fundsmith Equity Pn ARC
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
  • Terry Smithsince 01/11/2010
Underlying fund
Fundsmith Equity
Fund objective
The fund mainly invests in equities on a global basis. It follows a set of investment criteria which means the fund mainly invests in a concentrated portfolio of between 20 and 30 stocks. The fund manager's approach is to be a long-term investor in its chosen stocks. The fund won’t adopt short-term trading strategies. The fund won’t invest in derivatives or hedge any currency exposure.
Benchmark
  • MSCI World NR GBP
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Global Equities
Yield
-
Fund size
£0m
Bid price
125.9468
Offer price
125.9468
Top in this sector
Fund name1 Year
RLP Dimensional Gbl Targeted Val Pn53.4%
SIP FOUR Act Gbl Inc & Gth Pn51.8%
Aegon Hend GlblTecPn50.3%
Aviva M&G Global Div Pn49.9%
Aviva Inves IntlEq Pn48.7%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • North America62.4%
    UK14.8%
    Europe13.3%
    Money Market5.4%
    International4.1%
  • Consumer Staples34.5%
    Health Care26.4%
    Technology24.5%
    Industrials7.5%
    Consumer Discretionary4.2%
  • North American Equities62.4%
    UK Large Cap Companies13.3%
    European Large Cap Equity13.3%
    Money Market5.4%
    International Equities4.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.9%8.4%5.8%---
Sector2.2%7.5%9.8%33.3%42.7%76.8%
Rank within sector143 / 1049232 / 1039926 / 1028---
Quartile1st1st4th
Calendar performance
 YTD - 20172016201520142013
Fund4.3%----
Sector3.5%22.4%3.7%7.8%21.4%
Rank within sector221 / 1041----
Quartile1st
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 high126.37
52 week low100.96
Current bid price125.95
Current offer price125.95
Current mid price-
Region
1North America62.36%
2UK14.82%
3Europe13.26%
4Money Market5.44%
5International4.12%
Industry sector
1Consumer Staples34.5%
2Health Care26.4%
3Technology24.5%
4Industrials7.5%
5Consumer Discretionary4.2%
6Money Market2.9%
Asset type
1North American Equities62.36%
2UK Large Cap Companies13.3%
3European Large Cap Equity13.26%
4Money Market5.44%
5International Equities4.12%
6UK Mid Cap Companies1.52%
Individual holdings
No data available.
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The fund mainly invests in equities on a global basis. It follows a set of investment criteria which means the fund mainly invests in a concentrated portfolio of between 20 and 30 stocks. The fund manager's approach is to be a long-term investor in its chosen stocks. The fund won’t adopt short-term trading strategies. The fund won’t invest in derivatives or hedge any currency exposure.
Benchmark
  • MSCI World NR GBP
Investment style
No data available.
Investment method
Shares
Fund manager
NameSinceBiography
Terry Smith01/11/2010Terry Smith graduated in History from University College Cardiff in 1974. He worked for Barclays Bank from 1974-83 and became an Associate of the Chartered Institute of Bankers in 1976. He obtained an MBA at The Management College, Henley in 1979. He became a stockbroker with W Greenwell & Co in 1984 and was the top-rated bank analyst in London from 1984-89. In 1990 he became head of UK Company Research at UBS Phillips & Drew, a position from which he was dismissed in 1992 following the publication of his best selling book Accounting for Growth. He joined Collins Stewart shortly after, and became a director in 1996. In 2000 he became Chief Executive and led the management buy-out of Collins Stewart, which was floated on the London Stock Exchange five months later. In 2003 Collins Stewart acquired Tullett Liberty and followed this in 2004 with the acquisition of Prebon Group, creating the world's second largest inter-dealer broker. Collins Stewart and Tullett Prebon were demerged in 2006 with Terry remaining CEO of Tullett Prebon until September 2014. In 2010 he founded Fundsmith where he is CEO and CIO. In 2012 he was appointed a Member of the New Zealand Order of Merit for services to New Zealand-UK relations following the success of his campaign to commemorate the New Zealander, Air Marshal Sir Keith Park.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aegon Fundsmith Equity Pn ARC
Initial charge-
Annual charge1.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.1%
Bid price125.9468
Offer price125.9468
Mid price-
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN3PO
Data provided by

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