Fact sheet: Scot Eq BlackRk Gld & Gnrl Pn

Fund information
Fund name
Scot Eq BlackRock Gold & General Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Evy Hambrosince 01/04/2009
  • Tom Hollsince 01/07/2015
Underlying fund
BlackRock Gold & General
Fund objective
This is a specialised fund, which aims to achieve long-term capital growth by investing in the shares of companies mainly involved in the mining of, or exploration for, gold and other precious metals. Owing to the volatile nature of this sector, the fund may fluctuate more significantly than other funds in our range.
Benchmark
  • FTSE Gold Mines
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
16.7%
1 Year rank in sector
42/63
Sector
PN Commodity & Energy
Yield
-
Fund size
£43m (£42m 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.
288
Bid price
111.9006
Offer price
117.7901
Top in this sector
Fund name1 Year
FL JPM Natural Res AP43.7%
Aviva JPM Nat Resources Pn43.2%
Scot Eq JPM Natrl Resrcs Pn42.7%
HLL JPM Natural Res Pn42.7%
FL MyM JPM Natural Res Pn42.5%
...more in PN Commodity & Energy

Performance snapshot

Holdings snapshot

  • Canada48.6%
    USA20%
    UK13.2%
    Australia12.6%
    Russia2%
  • Gold84.4%
    Precious Metals & Stones13.5%
    Money Market1.5%
    Other Metals0.6%
  • North American Equities57.3%
    Asia Pacific ex Japan Equities13.4%
    UK Large Cap Companies11.5%
    Global Emerging Market Equities6.5%
    UK Mid Cap Companies4.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3%-10.6%8.3%16.7%35.1%-19.9%
Sector-2.4%-8.9%-0.1%24.6%5.9%-12.8%
Rank within sector48 / 6454 / 6416 / 6442 / 6311 / 6131 / 57
Quartile3rd4th1st3rd1st3rd
Calendar performance
 YTD - 20172016201520142013
Fund1%77.2%-19%2.2%-47.5%
Sector-3.6%70.6%-24.9%-8.9%-25%
Rank within sector14 / 6431 / 6220 / 617 / 6150 / 61
Quartile1st2nd2nd1st4th
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.
9.5
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.
1.41
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.
0.14
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%.
38.45
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.
17.61
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.
0.42
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.
0.84
Price movement
52 week high148.07
52 week low95.36
Current bid price111.9
Current offer price117.79
Current mid price-
Region
1Canada48.62%
2USA20.04%
3UK13.19%
4Australia12.56%
5Russia1.98%
6Money Market1.48%
7Peru1.18%
8Mexico0.94%
Industry sector
1Gold84.42%
2Precious Metals & Stones13.48%
3Money Market1.48%
4Other Metals0.62%
Asset type
1North American Equities57.33%
2Asia Pacific ex Japan Equities13.37%
3UK Large Cap Companies11.51%
4Global Emerging Market Equities6.46%
5UK Mid Cap Companies4.62%
6International Equities2.96%
7European Mid Cap Equity1.2%
8UK Small Cap Companies1.01%
9Money Market0.82%
Individual holdings
1NEWCREST MINING8.93%
2RANDGOLD RESOURCES7.55%
3AGNICO EAGLE MINES6.12%
4NEWMONT MINING CORP5.67%
5FRANCO NEVADA CORP4.83%
6SILVER WHEATON CORP4.19%
7FRESNILLO PLC3.9%
8GOLDCORP INC3.79%
9ANGLOGOLD ASHANTI3.71%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This is a specialised fund, which aims to achieve long-term capital growth by investing in the shares of companies mainly involved in the mining of, or exploration for, gold and other precious metals. Owing to the volatile nature of this sector, the fund may fluctuate more significantly than other funds in our range.
Benchmark
  • FTSE Gold Mines
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Evy Hambro01/04/2009Evy Hambro, Managing Director, is the joint Chief Investment Officer of the Natural Resources Equity team within BlackRock's EMEA Fundamental Equity Portfolio Management Group. He is responsible for the management of BGF World Mining, BGF World Gold, BlackRock Gold and General Fund and BlackRock World Mining Trust. He is also co-manager of BlackRock's Natural Resources Hedge Fund and manger of a number of segregated portfolios. Mr. Hambro's service with the firm dates back to 1994, including his years with Mercury Asset Management & Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. Mr. Hambro earned a BSc degree, with honours, in Agricultural Food marketing, from Newcastle University in 1994.
Tom Holl01/07/2015Thomas Holl, Director and portfolio manager, is a member of the Natural Resources team within the Fundamental Equity division of BlackRock's Alpha Strategies Group. He is responsible for covering the mining and gold sectors. Mr. Holl moved to his current role in 2008. His service with the firm dates back to 2006, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Holl was a member of the Global Equity team and the Real Estate team as a member of the graduate training program. Mr. Holl earned a BA degree, with honors, in Land Economy from Cambridge University in 2006.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq BlackRock Gold & General Pn
Initial charge-
Annual charge2.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.05%
Bid price111.9006
Offer price117.7901
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAJK6
Scot Eq BlackRock Gold & General Pn (ARC)
Initial charge-
Annual charge1.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price63.7372
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi code00HH
Data provided by

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