Fact sheet: Scot Eq Axa Fmlgtn Am Grth Pn

Fund information
Fund name
Scot Eq Axa Framlington American Growth Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
  • Stephen Kellysince 24/02/1997
Underlying fund
AXA Framlington American Gth
Fund objective
The fund aims to achieve long-term capital growth by investing mainly in large and medium-sized companies based in the US, Canada and Mexico that, in the manager-s opinion, show above-average profitability, management quality and growth.
Benchmark
  • Russell 1000
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
30%
1 Year rank in sector
227/310
Sector
PN North America
Yield
-
Fund size
£39m (£37m 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.
116
Bid price
272.6297
Offer price
286.9786
Top in this sector
Fund name1 Year
Baillie Gifford North American Pn41.8%
FL Baill Giff North Am Eq Pn41.6%
FL Baillie Giff Amr AP41.5%
FL Baill GiffNthAmEq XE/IEPn40.6%
ReAssure EdgewoodLSelUSSelGrwPPB Pn40.6%
...more in PN North America

Performance snapshot

Holdings snapshot

  • North America97%
    Money Market3%
  • Technology32.7%
    Consumer Discretionary19.4%
    Health Care17.7%
    Financial Services13.3%
    Energy5.3%
  • North American Equities97%
    Money Market3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%2%8.2%30%62.8%98%
Sector0.3%-1.3%5.1%31.9%65.3%121%
Rank within sector31 / 31716 / 31541 / 313227 / 310196 / 286244 / 265
Quartile1st1st1st3rd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund8.2%16%8.6%16.2%28.4%
Sector1.9%30.9%4.4%18.7%29.2%
Rank within sector12 / 314292 / 29916 / 294244 / 286179 / 274
Quartile1st4th1st4th3rd
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.
-1.86
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.
1.07
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.
1.04
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%.
13.37
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.
5.28
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.
-0.17
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.
0.85
Price movement
52 week high277.68
52 week low205.39
Current bid price272.63
Current offer price286.98
Current mid price-
Region
1North America97.03%
2Money Market2.97%
Industry sector
1Technology32.65%
2Consumer Discretionary19.38%
3Health Care17.72%
4Financial Services13.26%
5Energy5.27%
6Producer Durables3.75%
7Money Market3.49%
8Materials & Processing3.01%
9Consumer Staples1.47%
Asset type
1North American Equities97.03%
2Money Market2.97%
Individual holdings
1APPLE INC6.3%
2ALPHABET INC4.8%
3MICROSOFT CORP4.8%
4FACEBOOK INC3.3%
5AMAZON.COM INC3%
6VISA INC2.2%
7CELGENE CORP2%
8ALLIANCE DATA SYSTEMS CORP1.6%
9CHIPOTLE MEXICAN GRILL1.6%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The fund aims to achieve long-term capital growth by investing mainly in large and medium-sized companies based in the US, Canada and Mexico that, in the manager-s opinion, show above-average profitability, management quality and growth.
Benchmark
  • Russell 1000
Investment style
Growth
Investment method
No data available.
Fund manager
NameSinceBiography
Stephen Kelly24/02/1997Stephen joined AXA Investment Managers in 1997 as a fund manager on the US Desk, responsible for the US Growth funds. He is lead manager for the AXA Framlington American Growth Fund. Previously, he worked at Olliff & Partners as a trainee in the equity research department, where he covered the UK paper and packaging sector. In 1992 he joined the US Desk at Capel Cure Myers as an assistant fund manager before being promoted in 1995 to fund manager. Stephen graduated from the University of Exeter in 1990 with an honours degree in Economics.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Axa Framlington American Growth Pn
Initial charge-
Annual charge1.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.8%
Bid price272.6297
Offer price286.9786
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGSP0
Scot Eq Axa Framlington American Growth Pn (ARC)
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price233.8624
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi code00KA
Data provided by

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