Fact sheet: Aegon JLT Bal Inv App Pn

Fund information
Fund name
Aegon JLT Balanced Investment Approach Pn ARC
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The Balanced Investment Approach is an investment strategy that aims to adapt to the changing needs of retirement savers. It consists of three phases. The first phase, the growth phase, lasts until 15 years before your target retirement date and it will mainly be invested in global equities (company shares) with the aim of growing assets significantly in excess of inflation. The second phase, the consolidation phase, starts 15 years before your target retirement date and seeks to achieve growth in excess of inflation but with less risk than during the growth phase. During this phase the weighting to global equities will gradually decline whilst the weighting to bonds, including government and corporate bonds, will increase as it seeks to reduce risk. In the third phase, the retirement phase, the fund seeks limited growth in a lower risk portfolio. In each phase, the fund aims to track the markets it invests in, so performance should be similar to those markets. JLT Investment Management (JLTIM) designed the strategy and will change it with the aim of ensuring it continues to suit investors’ needs. For this it receives a fee, paid from the fund’s annual management charge.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Global Equities
Yield
-
Fund size
£0m
Bid price
103.1074
Offer price
103.1074
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

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%2.5%----
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector549 / 1039612 / 1035----
Quartile3rd3rd
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.
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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.
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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.
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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%.
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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.
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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.
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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.
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Price movement
52 week high105.34
52 week low97.88
Current bid price103.11
Current offer price103.11
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
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 Balanced Investment Approach is an investment strategy that aims to adapt to the changing needs of retirement savers. It consists of three phases. The first phase, the growth phase, lasts until 15 years before your target retirement date and it will mainly be invested in global equities (company shares) with the aim of growing assets significantly in excess of inflation. The second phase, the consolidation phase, starts 15 years before your target retirement date and seeks to achieve growth in excess of inflation but with less risk than during the growth phase. During this phase the weighting to global equities will gradually decline whilst the weighting to bonds, including government and corporate bonds, will increase as it seeks to reduce risk. In the third phase, the retirement phase, the fund seeks limited growth in a lower risk portfolio. In each phase, the fund aims to track the markets it invests in, so performance should be similar to those markets. JLT Investment Management (JLTIM) designed the strategy and will change it with the aim of ensuring it continues to suit investors’ needs. For this it receives a fee, paid from the fund’s annual management charge.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Aegon JLT Balanced Investment Approach Pn ARC
Initial charge-
Annual charge0.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.15%
Bid price103.1074
Offer price103.1074
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN7CX
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.