Fact sheet: Scot Eq Argnt Eur Al Pn

Fund information
Fund name
Scot Eq Argonaut European Alpha Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Greg Bennettsince 01/01/2013
  • Barry Norrissince 11/05/2005
Underlying fund
FP Argnt Erpn Alpha
Fund objective
The fund aims to achieve above average, consistent and stable returns by investing in a concentrated portfolio of approximately 30 to 55 stocks (with a maximum of 60) selected from markets in Continental Europe and Ireland.
Benchmark
  • MSCI Europe ex UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
8.6%
1 Year rank in sector
357/360
Sector
PN Europe Excluding UK
Yield
-
Fund size
£3m (£4m 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.
107
Bid price
176.1878
Offer price
185.4608
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn50.3%
Scot Eq Neptune Eur Opps Pn50.3%
SIP Neptune Eurpn Opps Pn50%
L&G Neptune European Opps Pn49.3%
RLP EurSpl(NeptuneEurpOpp)Pn49.2%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Europe83.7%
    North America9.1%
    UK4.7%
    Money Market1.3%
    International1.2%
  • Industrials23.6%
    Materials20%
    Financials16.9%
    Consumer Staples11.3%
    Consumer Discretionary11.1%
  • European Large Cap Equity43.8%
    European Mid Cap Equity34.6%
    North American Equities9.1%
    European Small Cap Equity5.3%
    UK Large Cap Companies4.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%7.6%6%8.6%12%56.8%
Sector0.4%8.3%7.2%23.9%27.9%73.5%
Rank within sector41 / 372255 / 371222 / 369357 / 360336 / 342292 / 315
Quartile1st3rd3rd4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund3.6%-2.2%14.7%2.8%30.4%
Sector2.1%15.8%9.4%-0.2%25.6%
Rank within sector52 / 371358 / 36040 / 35453 / 34259 / 330
Quartile1st4th1st1st1st
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.
-3.59
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.
1.05
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.
0.18
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%.
13.83
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.
6.76
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.
-0.5
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.
0.75
Price movement
52 week high176.8
52 week low153.06
Current bid price176.19
Current offer price185.46
Current mid price-
Region
1Europe83.66%
2North America9.05%
3UK4.74%
4Money Market1.33%
5International1.21%
Industry sector
1Industrials23.62%
2Materials19.95%
3Financials16.86%
4Consumer Staples11.25%
5Consumer Discretionary11.06%
6Health Care9.95%
7Telecommunications Utilities3.03%
8Information Technology1.89%
9Money Market1.36%
Asset type
1European Large Cap Equity43.84%
2European Mid Cap Equity34.55%
3North American Equities9.05%
4European Small Cap Equity5.27%
5UK Large Cap Companies4.74%
6Money Market1.33%
7International Equities1.21%
Individual holdings
1VESTAS WIND SYSTEMS8.34%
2NOVO-NORDISK AS4.98%
3SHIRE PLC4.97%
4RYANAIR HLDGS4.87%
5PANDORA AS4.36%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The fund aims to achieve above average, consistent and stable returns by investing in a concentrated portfolio of approximately 30 to 55 stocks (with a maximum of 60) selected from markets in Continental Europe and Ireland.
Benchmark
  • MSCI Europe ex UK
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Greg Bennett01/01/2013Greg Bennett is a CFA charter holder and graduated from the University of Natal (South Africa) in 1994 with a BSc. Agricultural Economics. He has over 10 years fund management experience, primarily in the UK equity market as well as US markets. He began his career at Neptune Investment Management in 2002, during which time he managed the US Opportunities and UK Equity funds as well as being Assistant Fund Manager on the Income and Global funds. In 2006 he joined Marlborough Fund Managers where he set up and ran their UK large Cap and UK Income funds. In 2012 he joined Argonaut.
Barry Norris11/05/2005Barry founded Argonaut in 2005 and is the CEO, CIO and lead Fund Manager on the Alpha and Absolute Return funds, which are managed using his distinct “earnings surprise” investment process. In over a decade of successful investing, he has established himself as a leading European equity investor across long only and long/short equity strategies. Norris graduated from Cambridge University in 1996 with an MA in History, and in 1997 with an MPhil in International Relations. He also holds the CFA charter. Following graduation, he joined Baillie Gifford, moving to Neptune in 2002 where he launched and managed the European Opportunities Fund. Barry has managed the Argonaut European Alpha Fund and the Argonaut Pan European Fund since their launch in 2005 and the Argonaut Absolute Return Fund since inception in 2009. He is a regular contributor to the financial media, appearing frequently on Bloomberg TV and CNBC and has had opinion pieces published in the Daily Telegraph and the Financial Times.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Argonaut European Alpha 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 price176.1878
Offer price185.4608
Mid price-
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKMF4
Scot Eq Argonaut European Alpha 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 price-
Offer price-
Mid price182.6342
CurrencyGBX
Price updated23/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi code00HY
Data provided by

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