Fact sheet: Scot Eq Artemis Strtgc Bd Pn

Fund information
Fund name
Scot Eq Artemis Strategic Bond Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • James Fostersince 29/06/2005
  • Alex Ralphsince 29/06/2005
Underlying fund
Artemis Strategic Bond
Fund objective
This fund aims achieve a total return (income plus capital growth) by investing mainly in fixed income markets. It may from time to time, invest in other markets and asset classes as determined by the manager’s strategy. The fund invests in all types of bonds, including government and corporate bonds, from investment grade AAA-rated bonds to C-rated bonds.
Benchmark
  • Markit iBoxx Sterling Non Gilts Overall
Investment style
None
Investment method
None
Quick stats
1 Year return
8.3%
1 Year rank in sector
70/168
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£12m (£10m 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.
40
Bid price
123.7833
Offer price
130.2982
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc13.8%
AXA Wealth AXA Fram Mgd Inc Pn13.2%
Canlife AXA Fram Mgd Inc Pn13.1%
LV= Artemis High Income Pn12%
Aviva Art High Income Pn11%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK41.6%
    Money Market9.1%
    Netherlands7%
    France6.3%
    USA5.7%
  • Insurance12.7%
    Utilities12.5%
    Banks10.3%
    Telecommunications Utilities10.2%
    Financials9.8%
  • Global Investment Grade Fixed Interest37.8%
    UK Fixed Interest21.1%
    Money Market9.1%
    Luxembourg Fixed Interest5.3%
    UK Gilts5.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%0.3%2.5%8.3%12.8%38.3%
Sector1.2%0.7%2.6%7.5%12.9%38.2%
Rank within sector162 / 173112 / 17286 / 17270 / 16889 / 15583 / 143
Quartile4th3rd2nd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-0.4%8%1.7%4%8.3%
Sector0.5%6.7%0.7%5.6%5.9%
Rank within sector168 / 17347 / 16861 / 163119 / 15544 / 151
Quartile4th2nd2nd4th2nd
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.
0.27
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
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.
0.26
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%.
4.03
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.
2.39
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.
0.09
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.
0.65
Price movement
52 week high124.92
52 week low110.31
Current bid price123.78
Current offer price130.3
Current mid price-
Region
1UK41.58%
2Money Market9.11%
3Netherlands7.02%
4France6.26%
5USA5.67%
6Germany5.42%
7Luxembourg5.33%
8Ireland5.13%
9Jersey4.17%
Industry sector
1Insurance12.67%
2Utilities12.52%
3Banks10.33%
4Telecommunications Utilities10.21%
5Financials9.83%
6Money Market9.11%
7Consumer Services6.61%
8Government Bonds5.22%
9Energy4.35%
Asset type
1Global Investment Grade Fixed Interest37.81%
2UK Fixed Interest21.13%
3Money Market9.11%
4Luxembourg Fixed Interest5.33%
5UK Gilts5.22%
6US Fixed Interest4.2%
7German Fixed Interest4.01%
8French Fixed Interest3.94%
9Dutch Fixed Interest3.07%
Individual holdings
1TREASURY 1.25% GILT 22/7/18 GBP0.015.22%
2ALLIANCE DATA SYSTEMS CORP 5.25% BDS 15/11/23 EUR100000 REG S1.4%
3ING BANK NV 4.125% BDS 21/11/23 USD10001.29%
4SSE PLC CAP SECS PERP USD2000001.29%
5RWE AG 7% NTS 20/03/19 GBP1000001.24%
6PGH CAPITAL PLC 5.75% GTD BDS 07/07/21 GBP1000001.21%
7NGG FINANCE 5.625% RESET CAP SEC 18/06/73 GBP1000001.14%
8WILLOW NO. 2 IRELAND PLC 4.25% BDS 01/10/45 USD2000001.14%
9HEATHROW FINANCE 5.375% MTN 02/09/19 GBP100000 REG S1.12%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims achieve a total return (income plus capital growth) by investing mainly in fixed income markets. It may from time to time, invest in other markets and asset classes as determined by the manager’s strategy. The fund invests in all types of bonds, including government and corporate bonds, from investment grade AAA-rated bonds to C-rated bonds.
Benchmark
  • Markit iBoxx Sterling Non Gilts Overall
Investment style
None
Investment method
None
Fund managers
NameSinceBiography
James Foster29/06/2005James joined Artemis in April 2005 from F&C Asset Management where he was the head of credit and was ultimately responsible for about 15bn of assets. He has 20 years' experience of managing bond funds and was one of the first to establish a retail bond fund in the UK. He has managed all the major bond asset classes, focusing more recently on discretionary bond portfolios. With Alex Ralph, James has managed the Artemis Strategic Bond Fund since launch in June 2005. He has also managed, with Jacob de Tusch-Lec, the Artemis Monthly Distribution Fund since its launch in May 2012.
Alex Ralph29/06/2005Alex graduated in 2000 from the London School of Economics. She then joined Royal Sun Alliance, training initially as a credit analyst. In 2002, Alex moved into retail bond fund management with ISIS, specialising in high yield bonds. Latterly, after the merger with F&C, Alex widened her experience to include duration and investment grade positioning. Alex is a CFA charterholder. She joined Artemis in April 2005 to manage the Strategic Bond fund alongside James Foster. Since March 2014 Alex has also managed the Artemis High Income Fund alongside Adrian Frost and Adrian Gosden.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Artemis Strategic Bond Pn
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.6%
Bid price123.7833
Offer price130.2982
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03H6
Scot Eq Artemis Strategic Bond Pn (ARC)
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price146.1435
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code06T5
Data provided by

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