Fact sheet: Scot Eq Fidelity MA Sttgc Pn

Fund information
Fund name
Scot Eq Fidelity Multi Asset Strategic Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Kevin O' Nolansince 31/01/2015
  • Nick Peterssince 31/01/2015
Underlying fund
Fidelity Multi Ast Str
Fund objective
The fund aims to achieve long-term capital growth by investing in a range of global assets providing exposure to bonds, equities (shares), commodities, property and cash. The fund will invest mainly through other regulated collective investment schemes, including schemes managed by Fidelity, and may also invest directly in other transferable securities, money market instruments, cash and deposits. Derivatives and forward transactions may also be used for investment purposes. This means the fund could be exposed to additional risks and costs should the market move against it. The fund is managed by Fidelity, one of our investment managers.
Benchmark
No data available.
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
9.6%
1 Year rank in sector
166/462
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£12m (£11m 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.
46
Bid price
133.8624
Offer price
140.9078
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn28%
AXA Wealth TEAMS cl Gvn ptfl VPn19.7%
AXA Wealth TEAMS cl Gvn ptfl IVPn18.8%
FL Investec Cautious Mgd AP18.3%
Zurich Investec Caut Mgd Pn17.7%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • USA32.2%
    Money Market30.1%
    UK24%
    Others4.4%
    Japan3.4%
  • Money Market30.1%
    Others22.2%
    Financials8%
    Industrials6.6%
    Information Technology6.1%
  • Others20.1%
    UK Gilts13.4%
    International Equities12.8%
    North American Equities10.2%
    Global Fixed Interest8.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-0.3%6.4%9.6%21%33.5%
Sector-0.5%-1.5%6%8.9%18.4%38.8%
Rank within sector110 / 529136 / 529205 / 518166 / 46295 / 399245 / 339
Quartile1st2nd2nd2nd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund10.2%0.1%8.5%6.5%4.1%
Sector9%1.3%6%8.3%9.4%
Rank within sector147 / 463312 / 42543 / 399308 / 381325 / 339
Quartile2nd3rd1st4th4th
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.
0.95
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.
0.95
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.
0.51
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%.
5.31
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.
1.84
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.
0.35
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.
0.88
Price movement
52 week high137.35
52 week low115.6
Current bid price133.86
Current offer price140.91
Current mid price-
Region
1USA32.21%
2Money Market30.06%
3UK24.02%
4Others4.44%
5Japan3.35%
6Canada1.05%
7Germany0.94%
8Hong Kong0.85%
9Australia0.84%
Industry sector
1Money Market30.06%
2Others22.18%
3Financials8.04%
4Industrials6.62%
5Information Technology6.05%
6Consumer Staples5.89%
7Consumer Discretionary5.63%
8Health Care4.63%
9Real Estate2.94%
Asset type
1Others20.13%
2UK Gilts13.41%
3International Equities12.81%
4North American Equities10.15%
5Global Fixed Interest8.87%
6UK Large Cap Companies7.54%
7European Fixed Interest6.04%
8UK Mid Cap Companies3.52%
9North American Fixed Interest3.48%
Individual holdings
1FIDELITY GROSS ACCUMULATING CASH A GBP13.28%
2DEUTSCHE BANK AG LONDON 0% BDS 10/02/17 USD12.06%
3TREASURY 4.25% GILT 7/9/39 GBP0.011.94%
4DEUTSCHE BANK AG LONDON 0% BDS 16/02/17 USD11.85%
5DOW JONES UBS IND METLS TR SUB_WARRANT1.45%
6TREASURY 3.25% GILT 22/01/44 GBP0.011.38%
7TREASURY 3.75% GILT 22/07/52 GBP0.011.28%
8SSGA SPDR S&P US DIVIDEND ARISTOCRATS UCITS ETF GBP1.27%
9TREASURY 4.5% GILT 7/9/2034 GBP0.011.22%
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 in a range of global assets providing exposure to bonds, equities (shares), commodities, property and cash. The fund will invest mainly through other regulated collective investment schemes, including schemes managed by Fidelity, and may also invest directly in other transferable securities, money market instruments, cash and deposits. Derivatives and forward transactions may also be used for investment purposes. This means the fund could be exposed to additional risks and costs should the market move against it. The fund is managed by Fidelity, one of our investment managers.
Benchmark
No data available.
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Kevin O' Nolan31/01/2015Kevin O’Nolan is a Portfolio Manager in Fidelity Solutions. He joined Fidelity in 2008 as an Asset Allocation Analyst. During his time at Fidelity he has worked as a key member of Fidelity Solutions’ Tactical Asset Allocation team. In January 2015, Kevin O’Nolan became the lead portfolio manager on all five of our risk profiled Multi Asset Allocator funds. He was also appointed co-portfolio manager to 4 of our risk profiled Multi Asset growth range of funds and our two Global Multi Asset Tactical funds. Kevin’s deep understanding of the full range of market dynamics makes a significant contribution to our TAA process and views. Kevin holds a BA (Hons) in Management Science and Information Systems Studies from Trinity College, Dublin and an MSc in Investment Management from Cass Business School, London. He is also a CFA Charterholder.
Nick Peters31/01/2015Nick Peters is Portfolio Manager in the Investment Solutions Group. Nick has 20 years of industry experience and joined Fidelity in 2012. Prior to joining Fidelity, Nick was a member of the multi-manager team at Barclays Wealth, responsible for UK and European Equities. He joined Barclays in 2010 from BAE Systems Pension Fund where he was responsible for the fund's external managers across asset classes. Prior to joining BAE Systems in 2009, Nick was an Equity Portfolio Manager at Henderson Global Investors. He was a Director within the Multi Strategy Equity team. He joined AMP Asset Management (which later merged with Henderson) in 1993. Nick holds a BA (Hons) in Economics and Statistics from Exeter University and is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Fidelity Multi Asset Strategic Pn
Initial charge-
Annual charge1.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.95%
Bid price133.8624
Offer price140.9078
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeICJ7
Scot Eq Fidelity Multi Asset Strategic Pn (ARC)
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price-
Offer price-
Mid price141.0051
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00HN
Data provided by

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