Fact sheet: Scot Eq EdenTreeHigIncPn

Fund information
Fund name
Scot Eq EdenTree Higher Income Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Thomas Fitzgeraldsince 01/09/2016
  • Robin Hepworthsince 17/11/1994
  • David Katimbo Mugwanyasince 01/09/2016
Underlying fund
EdenTree Higher Income
Fund objective
The fund aims to provide an above average and growing level of income together with capital growth over the longer term by investing in a mix of equities (shares), fixed interest securities and other investments the fund manager considers suitable.
Benchmark
  • FTSE All Share
Investment style
Aggressive
Investment method
Equity, Money Market, Fixed Interest
Quick stats
1 Year return
12.6%
1 Year rank in sector
669/860
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£18m (£14m 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.
64
Bid price
113.9078
Offer price
119.9029
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn24.4%
Scot Eq Ext Bal Coll (ex MLC) Pn23.2%
FL My Ftr Adv Gth XE/IE Pn23.1%
FL My Ftr Advantage Gth Pn23.1%
Ret Adv Cirilium Dynamic Pn22.3%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK69%
    USA4.8%
    Hong Kong4.3%
    Others4.3%
    Japan4.2%
  • Financials27.8%
    Corporate Bonds14.1%
    Others13.5%
    Health Care7.6%
    Consumer Services7.6%
  • UK Equities43.6%
    International Equities26%
    Global Fixed Interest22.5%
    Others4.2%
    Money Market3.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%0.7%1.8%12.6%18.4%-
Sector-1.8%1.5%2.6%14.2%26.6%49.7%
Rank within sector227 / 900759 / 900716 / 888669 / 860650 / 706-
Quartile2nd4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.5%15.2%-2%5.1%-
Sector2.2%14.3%2.2%5.7%13.1%
Rank within sector738 / 889407 / 791712 / 744349 / 687-
Quartile4th3rd4th3rd
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.
-1.27
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.
0.9
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.
0.4
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%.
6.77
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.
2.53
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.
-0.83
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.
0.87
Price movement
52 week high115.96
52 week low98.59
Current bid price113.91
Current offer price119.9
Current mid price-
Region
1UK69.02%
2USA4.76%
3Hong Kong4.34%
4Others4.27%
5Japan4.19%
6France3.84%
7Money Market3.73%
8Germany2.49%
9Spain1.7%
Industry sector
1Financials27.76%
2Corporate Bonds14.08%
3Others13.5%
4Health Care7.6%
5Consumer Services7.55%
6Utilities7.29%
7Preference Shares6.8%
8Oil & Gas5.99%
9Telecommunications5.7%
Asset type
1UK Equities43.61%
2International Equities25.98%
3Global Fixed Interest22.45%
4Others4.23%
5Money Market3.73%
Individual holdings
1GLAXOSMITHKLINE3.22%
2ROYAL DUTCH SHELL3.03%
3TESCO 5.2% NTS 05/03/57 GBP500002.2%
4BP1.78%
5BT GROUP1.77%
6TECHNOPRO HLDGS INC1.71%
7NATIONAL GRID1.69%
8ASTRAZENECA PLC1.64%
9PICTON PROPERTY INCOME LTD1.61%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The fund aims to provide an above average and growing level of income together with capital growth over the longer term by investing in a mix of equities (shares), fixed interest securities and other investments the fund manager considers suitable.
Benchmark
  • FTSE All Share
Investment style
Aggressive
Investment method
Equity, Money Market, Fixed Interest
Fund managers
NameSinceBiography
Thomas Fitzgerald01/09/2016Tom joined EdenTree in 2011 after completing a BSc in Economics and Business Management at Oxford Brookes University. He has completed his IMC and is currently studying for the CFA.
Robin Hepworth17/11/1994Rob joined EdenTree as General Investment Analyst in 1988, and was appointed Fund Manager of the Pension Fund in 1990 and the Higher Income Fund in 1994. He has managed the Amity International Fund since its launch in 1999, and co-manages the Amity Sterling Bond Fund with Chris Hiorns.
David Katimbo Mugwanya01/09/2016David joined EdenTree in 2015 from Epworth Investment Management. He has a wealth of experience in UK Fixed Interest Portfolios and has previously managed over £700m for Institutional Pension Funds, Insurance firms and Charities. David graduated from University of Essex with a BSc in Economics. David has been a CFA Charterholder since 2014.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq EdenTree Higher Income Pn
Initial charge-
Annual charge1.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.85%
Bid price113.9078
Offer price119.9029
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJDGR
Scot Eq EdenTree Higher Income 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
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJDGS
Data provided by

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