Fact sheet: Scot Eq BRAq 4060 GlEqIdLS Pn

Fund information
Fund name
Scot Eq BlackRock Aquila 40/60 Global Equity Index LifeStyle Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The Scottish Equitable BlackRock Aquila 40/60 Global Equity Index Lifestyle fund uses a two-stage investment process called lifestyling. It aims to perform in line with its benchmark in the early years (the growth stage), and give you more certainty about the amount of pension you can buy via an annuity when you retire (the lifestyle stage). Growth stage: During the early years of your investment, the fund aims to provide returns consistent with the markets it invests in by investing 40% in UK equities (shares) and 60% in overseas equities (through the Scottish Equitable BlackRock Aquila 40/60 Global Equity Index fund) in the US, Europe (excluding UK) and the Far East. It does this by investing wholly in the Scottish Equitable BlackRock Aquila 40/60 Global Equity Index fund during the growth stage. The fund aims to provide returns consistent with the markets in which it invests. Lifestyle stage: The lifestyle stage starts six 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 the Scottish Equitable BlackRock Aquila Over 15 years UK Gilt Index 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 two years 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.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
18.6%
1 Year rank in sector
495/961
Sector
PN Global Equities
Yield
-
Fund size
£63m (£53m 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.
88
Bid price
198.2525
Offer price
208.6868
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

  • UK44.6%
    USA28%
    Eurozone8.7%
    Japan7%
    Europe4.2%
  • Financial Services17.9%
    Consumer Staples13.6%
    Cyclical Consumer Goods11.7%
    Health Care11.3%
    Industrials10.6%
  • UK Large Cap Companies28.3%
    North American Equities25.6%
    International Equities15.3%
    European Large Cap Equity9.6%
    UK Mid Cap Companies6.6%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%3.2%16.5%18.6%32.2%78.9%
Sector-1.9%2.7%15.4%17.8%32.6%78.7%
Rank within sector317 / 1039454 / 1035477 / 1025495 / 961434 / 848419 / 745
Quartile2nd2nd2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund18.6%2.8%7.9%21.4%10.8%
Sector17.7%3.7%7.8%21.4%11.2%
Rank within sector474 / 963604 / 921395 / 849499 / 820496 / 752
Quartile2nd3rd2nd3rd3rd
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.
-1.07
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.
1.08
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.
0.6
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%.
10.89
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.
1.66
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.
-0.21
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.
0.98
Price movement
52 week high203.72
52 week low150.11
Current bid price198.25
Current offer price208.69
Current mid price-
Region
1UK44.6%
2USA28%
3Eurozone8.7%
4Japan7%
5Europe4.2%
6Asia2.6%
7Canada2.3%
8Australasia2.1%
9Emerging Asia0.3%
Industry sector
1Financial Services17.9%
2Consumer Staples13.6%
3Cyclical Consumer Goods11.7%
4Health Care11.3%
5Industrials10.6%
6Technology9%
7Energy8.4%
8Basic Materials6.3%
9Telecommunications Utilities4.8%
Asset type
1UK Large Cap Companies28.3%
2North American Equities25.6%
3International Equities15.26%
4European Large Cap Equity9.64%
5UK Mid Cap Companies6.64%
6Japanese Equities6.14%
7Asia Pacific ex Japan Equities4.48%
8UK Small Cap Companies1.88%
9European Mid Cap Equity1.21%
Individual holdings
1S&P500 EMINI DEC 1614.2%
2HSBC HOLDINGS PLC2.1%
3BRITISH AMERICAN TOBACCO HLDGS1.7%
4BP PLC1.5%
5ROYAL DUTCH SHELL1.5%
6GLAXOSMITHKLINE PLC1.4%
7ROYAL DUTCH SHELL1.3%
8ASTRAZENECA PLC1.1%
9VODAFONE GROUP1.1%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The Scottish Equitable BlackRock Aquila 40/60 Global Equity Index Lifestyle fund uses a two-stage investment process called lifestyling. It aims to perform in line with its benchmark in the early years (the growth stage), and give you more certainty about the amount of pension you can buy via an annuity when you retire (the lifestyle stage). Growth stage: During the early years of your investment, the fund aims to provide returns consistent with the markets it invests in by investing 40% in UK equities (shares) and 60% in overseas equities (through the Scottish Equitable BlackRock Aquila 40/60 Global Equity Index fund) in the US, Europe (excluding UK) and the Far East. It does this by investing wholly in the Scottish Equitable BlackRock Aquila 40/60 Global Equity Index fund during the growth stage. The fund aims to provide returns consistent with the markets in which it invests. Lifestyle stage: The lifestyle stage starts six 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 the Scottish Equitable BlackRock Aquila Over 15 years UK Gilt Index 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 two years 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.
Benchmark
No data available.
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 BlackRock Aquila 40/60 Global Equity Index LifeStyle Pn
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price198.2525
Offer price208.6868
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI825
Scot Eq BlackRock Aquila 40/60 Global Equity Index LifeStyle Pn (ARC)
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
Type-
Institutional or retail classRetail
Domicile-
Citi code00H4
Scot Eq BlackRock Aquila 40/60 Global Equity Index LifeStyle Pn SC
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price217.1458
Offer price217.1458
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI826
Data provided by

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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.