Fact sheet: Scot Eq AgnMI Wkplc Svng H

Fund information
Fund name
Scot Eq Aegon MI Workplace Savings (H)
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
This fund uses a two-stage investment process called lifestyling. It aims to grow your investment while keeping risk at a level you’re comfortable with in the early years (the growth stage). Then, as you approach retirement, it aims to give you more certainty about the amount of pension you can buy via an annuity when you retire (the lifestyle stage). Growth stage: During this stage of your investment this fund is wholly invested in Aegon's MI Savings (H) fund, which aims for long-term growth, and we believe it could provide returns greater than inflation over the longer term. It invests in a diversified portfolio so that you’re not relying on the success of just one type of investment. This mix of investments, known as assets, aims to suit someone with a higher (H) or above-average tolerance for risk who’s prepared to see movements both up and down in their fund value in the hope of achieving greater long-term growth. When markets become more volatile, the fund replaces some of its investments with lower-risk assets like cash, which we believe can help to limit the impact of extreme market falls. Lifestyle stage: The lifestyle stage starts five years before the start of your target retirement year and recognises that your priorities may change as retirement approaches. It assumes you’ll buy an annuity, to provide yourself with an income for life (or a specified number of years), when you retire. We’ll progressively start switching your investment into our Long Gilt fund, with the aim of giving you more certainty about the level of annuity you’ll be able to buy when you retire. We’ll also move some of your pension pot into our Cash fund in the final year of your investment to cater for your tax-free cash entitlement. You can choose how much of your cash entitlement you want to take, but our process assumes you’ll take the maximum which, based on current legislation, is 25% of your pension pot. This fund may have holdings that are denominated in different currencies. As a result, the value of this investment may rise or fall in line with changes in exchange rates.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.5%
1 Year rank in sector
238/795
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£5m (£3m 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.
77
Bid price
119.0827
Offer price
125.3502
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn22.5%
FL My Ftr Adv Gth XE/IE Pn21.6%
Scot Eq Ext Bal Coll (ex MLC) Pn20%
FL Tailored Adventurous Pfl Pn19.2%
FL My Ftr Advantage Gth Pn18.9%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • North American Equities33.4%
    UK Large Cap Companies14.8%
    Asia Pacific ex Japan Equities10.5%
    European Large Cap Equity7.9%
    UK Mid Cap Companies6.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%-1.9%8.4%12.5%23.5%-
Sector-0.9%-1.2%7.9%10.1%20.9%47.1%
Rank within sector307 / 913691 / 912458 / 894238 / 795202 / 692-
Quartile2nd4th3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.4%0.5%8.4%--
Sector9.9%2.2%5.7%13.1%9.9%
Rank within sector366 / 800618 / 75354 / 692--
Quartile2nd4th1st
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.
0.06
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.
1.15
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.
0.47
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%.
8.39
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.
2.29
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.
0.41
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.
0.94
Price movement
52 week high124.77
52 week low98.37
Current bid price119.08
Current offer price125.35
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1North American Equities33.43%
2UK Large Cap Companies14.8%
3Asia Pacific ex Japan Equities10.5%
4European Large Cap Equity7.9%
5UK Mid Cap Companies6.86%
6Japanese Equities4.77%
7Global Emerging Market Equities3.26%
8North American Fixed Interest3.26%
9European Fixed Interest2.55%
Individual holdings
1BLACKROCK NORTH AMERICAN EQUITY TRACKER X21.6%
2BLACKROCK ICS INSTITUTIONAL STERLING LIQUIDITY AGENCY18.6%
3BLACKROCK UK EQUITY TRACKER X ACC16.9%
4BLACKROCK EMERGING MARKETS EQUITY TRACKER10.2%
5BLACKROCK CONTINENTAL EUROPEAN EQUITY TRACKER X ACC6%
6BLACKROCK GLOBAL PROPERTY SECURITIES EQUITY TRACKER X ACC5.7%
7BLACKROCK MID CAP UK EQUITY TRACKER X ACC4.1%
8BLACKROCK CORPORATE BOND TRACKER A3.7%
9BLACKROCK PACIFIC EX JAPAN EQUITY TRACKER X ACC3%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund uses a two-stage investment process called lifestyling. It aims to grow your investment while keeping risk at a level you’re comfortable with in the early years (the growth stage). Then, as you approach retirement, it aims to give you more certainty about the amount of pension you can buy via an annuity when you retire (the lifestyle stage). Growth stage: During this stage of your investment this fund is wholly invested in Aegon's MI Savings (H) fund, which aims for long-term growth, and we believe it could provide returns greater than inflation over the longer term. It invests in a diversified portfolio so that you’re not relying on the success of just one type of investment. This mix of investments, known as assets, aims to suit someone with a higher (H) or above-average tolerance for risk who’s prepared to see movements both up and down in their fund value in the hope of achieving greater long-term growth. When markets become more volatile, the fund replaces some of its investments with lower-risk assets like cash, which we believe can help to limit the impact of extreme market falls. Lifestyle stage: The lifestyle stage starts five years before the start of your target retirement year and recognises that your priorities may change as retirement approaches. It assumes you’ll buy an annuity, to provide yourself with an income for life (or a specified number of years), when you retire. We’ll progressively start switching your investment into our Long Gilt fund, with the aim of giving you more certainty about the level of annuity you’ll be able to buy when you retire. We’ll also move some of your pension pot into our Cash fund in the final year of your investment to cater for your tax-free cash entitlement. You can choose how much of your cash entitlement you want to take, but our process assumes you’ll take the maximum which, based on current legislation, is 25% of your pension pot. This fund may have holdings that are denominated in different currencies. As a result, the value of this investment may rise or fall in line with changes in exchange rates.
Benchmark
  • No Specified Index
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
Scot Eq Aegon MI Workplace Savings (H)
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 price119.0827
Offer price125.3502
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ7IH
Scot Eq Aegon MI Workplace Savings (H) (ARC)
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price129.5141
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICZR
Scot Eq Aegon MI Workplace Savings (H) 2013 (ARC)
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price114.9274
CurrencyGBX
Price updated14/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICZS
Scot Eq Aegon MI Workplace Savings (H) 2014 (ARC)
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.05%
Bid price-
Offer price-
Mid price115.1753
CurrencyGBX
Price updated14/10/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICZT
Scot Eq Aegon MI Workplace Savings (H) 2016 (ARC)
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price132.6648
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICZV
Scot Eq Aegon MI Workplace Savings (H) 2017 (ARC)
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price134.5936
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICZW
Scot Eq Aegon MI Workplace Savings (H) 2018 (ARC)
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price133.9517
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICZX
Scot Eq Aegon MI Workplace Savings (H) 2019 (ARC)
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price131.0499
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICZY
Scot Eq Aegon MI Workplace Savings (H) 2020 (ARC)
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price-
Offer price-
Mid price128.6292
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICZZ
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.