Fact sheet: Scot Eq Bal Passive Lfstl Pn

Fund information
Fund name
Scot Eq Balanced Passive Lifestyle Pn
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. In the early years (the growth stage) it invests in our Balanced Passive fund. It's passively managed and invests mainly in UK and overseas equities (shares of companies), fixed interest investments (bonds) and cash. Six years before the start of your target retirement year (the lifestyle stage), we’ll progressively start switching your investment into our Long Gilt and (in the final year) Cash fund, with the aim of giving you more certainty about the level of annuity you’ll be able to buy when you retire and to cater for your maximum tax-free cash entitlement, currently 25% of your pension pot. We review our lifestyle funds from time to time and may change how they work if we believe this to be in the best interests of investors.
Benchmark
  • ABI Mixed Investment 40% - 85% Shares
Investment style
Balanced,Passive/Tracking
Investment method
Physical – Sampled/Optimised
Quick stats
1 Year return
21%
1 Year rank in sector
207/862
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£510m (£369m 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
219.5906
Offer price
231.148
Top in this sector
Fund name1 Year
FL My Ftr Advantage Gth Pn31.7%
BlackRock LGIM Oseas Consn Idx Pn31.5%
FL My Ftr Adv Gth XE/IE Pn31.1%
Scot Eq Ext Bal Coll (ex MLC) Pn29.5%
Scot Eq Sequel Adven Jrny Pn28.8%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK33.3%
    North America24.8%
    Europe17.2%
    Money Market8.2%
    Japan6.2%
  • No data available.
  • UK Equities28.2%
    North American Equities16.3%
    European Equities13.9%
    Global Fixed Interest12.4%
    Money Market11.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%4.1%6.2%21%30.9%49.3%
Sector1%4.3%5.8%17.8%27.8%49.1%
Rank within sector782 / 904561 / 893506 / 892207 / 862241 / 705359 / 612
Quartile4th3rd3rd1st2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3%19%1.3%5.1%11.5%
Sector3.4%14.3%2.2%5.7%13.1%
Rank within sector644 / 89385 / 794556 / 747348 / 689540 / 662
Quartile3rd1st3rd3rd4th
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.
0.32
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.
1.09
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.
0.69
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%.
7.92
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.
1.95
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.
0.95
Price movement
52 week high222.98
52 week low178.84
Current bid price219.59
Current offer price231.15
Current mid price-
Region
1UK33.25%
2North America24.79%
3Europe17.16%
4Money Market8.16%
5Japan6.16%
6Asia Pacific ex Japan5.78%
7International3%
8Global Emerging Markets1.56%
9Not Specified0.12%
Industry sector
No data available.
Asset type
1UK Equities28.2%
2North American Equities16.3%
3European Equities13.9%
4Global Fixed Interest12.4%
5Money Market11.4%
6International Equities6.2%
7UK Fixed Interest6%
8Asia Pacific ex Japan Equities4.9%
9Global Emerging Market Equities0.6%
Individual holdings
1BLACKROCK NORTH AMERICAN EQ TKR L ACC5.3%
2HSBC HLDGS1.6%
3BLACKROCK INDEX LINKED GILT TRACKER D ACC1.5%
4BRITISH AMERICAN TOBACCO HLDGS1.3%
5BP PLC1.2%
6ROYAL DUTCH SHELL1.2%
7GLAXOSMITHKLINE1.1%
8ASTRAZENECA PLC0.9%
9DIAGEO0.8%
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. In the early years (the growth stage) it invests in our Balanced Passive fund. It's passively managed and invests mainly in UK and overseas equities (shares of companies), fixed interest investments (bonds) and cash. Six years before the start of your target retirement year (the lifestyle stage), we’ll progressively start switching your investment into our Long Gilt and (in the final year) Cash fund, with the aim of giving you more certainty about the level of annuity you’ll be able to buy when you retire and to cater for your maximum tax-free cash entitlement, currently 25% of your pension pot. We review our lifestyle funds from time to time and may change how they work if we believe this to be in the best interests of investors.
Benchmark
  • ABI Mixed Investment 40% - 85% Shares
Investment style
Balanced,Passive/Tracking
Investment method
Physical – Sampled/Optimised
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Balanced Passive 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 price219.5906
Offer price231.148
Mid price-
CurrencyGBX
Price updated22/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeYN97
Data provided by

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