Fact sheet: Scot Eq Aegon Fundsmith Eq Pn

Fund information
Fund name
Scot Eq Aegon Fundsmith Equity Pn
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 Company will invest in equities on a global basis. The Company's approach is to be a long-term investor in its chosen stocks. It will not adopt short-term trading strategies.
Benchmark
  • MSCI World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
23.3%
1 Year rank in sector
208/961
Sector
PN Global Equities
Yield
-
Fund size
£32m (£9m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
91
Bid price
153.6074
Offer price
161.692
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn34.5%
OMW IPL M&G Global Dividend Pn32.2%
LV= M&G Global Div Pn32.2%
Aviva M&G Global Div Pn31.4%
Stan Life M&G Global Dividend Pn31.2%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA63.9%
    UK20.4%
    Spain5.4%
    Finland3.2%
    Money Market2.6%
  • Consumer Staples36.2%
    Technology25.2%
    Health Care24.6%
    Industrials7.6%
    Consumer Discretionary3.8%
  • North American Equities62.3%
    UK Large Cap Companies14.7%
    European Large Cap Equity12.7%
    UK Mid Cap Companies5.2%
    Money Market5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.9%-2.6%11.3%23.3%--
Sector-1.9%2.7%15.4%17.8%32.6%78.7%
Rank within sector1035 / 1039997 / 1035900 / 1025208 / 961--
Quartile4th4th4th1st
Calendar performance
 YTD - 20162015201420132012
Fund19.8%14.5%---
Sector17.7%3.7%7.8%21.4%11.2%
Rank within sector412 / 9638 / 921---
Quartile2nd1st
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 high167.82
52 week low122.36
Current bid price153.61
Current offer price161.69
Current mid price-
Region
1USA63.9%
2UK20.4%
3Spain5.4%
4Finland3.2%
5Money Market2.6%
6France2.2%
7Switzerland2%
8Others0.3%
Industry sector
1Consumer Staples36.2%
2Technology25.2%
3Health Care24.6%
4Industrials7.6%
5Consumer Discretionary3.8%
6Money Market2.6%
Asset type
1North American Equities62.31%
2UK Large Cap Companies14.69%
3European Large Cap Equity12.73%
4UK Mid Cap Companies5.23%
5Money Market5.04%
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 Company will invest in equities on a global basis. The Company's approach is to be a long-term investor in its chosen stocks. It will not adopt short-term trading strategies.
Benchmark
  • MSCI World
Investment style
No data available.
Investment method
No data available.
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
Scot Eq Aegon Fundsmith Equity Pn
Initial charge-
Annual charge2.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.1%
Bid price153.6074
Offer price161.692
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKG2E
Scot Eq Aegon Fundsmith Equity Pn SC
Initial charge-
Annual charge2.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.1%
Bid price161.6804
Offer price161.6804
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKG2F
Data provided by

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