Fact sheet: Scot Eq FlcrmAltrnBePlDlyPn

Fund information
Fund name
Scot Eq Fulcrum Alternative Beta Plus Daily Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
  • Fulcrum Investment Teamsince 01/03/2009
Underlying fund
Fulcrum Alt Bet Pl Dly
Fund objective
The fund aims to achieve an annual target return through investment in all major equity, commodity, fixed interest and currency markets using a variety of derivative techniques. The underlying fund aims to achieve an annual target return of LIBOR (the interest rate at which banks can borrow from each other) plus 4-6% with low correlations to traditional investments such as equities and bonds — although there’s no guarantee that either the underlying fund or the Scottish Equitable Fulcrum Diversified Alternative Beta Daily Plus fund will meet this target. The fund will use derivatives in a number of ways to achieve its objectives. This means the fund could be exposed to additional risks and costs should the market move against it. The additional charge/expenses for this fund include a performance fee, which will rise and fall depending on day-today fund performance. So, the charge you pay may vary significantly from the figure quoted below, which is based on recent past performance. Please see the ‘Funds’ section of our website for more details.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Quick stats
1 Year return
-1.8%
1 Year rank in sector
458/513
Sector
PN Specialist
Yield
-
Fund size
£0m (£0m 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.
49
Bid price
82.727
Offer price
87.0811
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Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Global Fixed Interest88%
    Commodity & Energy20%
    Money Market4%
    International Equities3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.9%-4%-1.5%-1.8%-2.6%-11.2%
Sector-0.9%-0.9%6%8.2%20.2%40.8%
Rank within sector483 / 546476 / 544469 / 531458 / 513368 / 386314 / 317
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-2%-9.1%6.5%-3.6%-2%
Sector8.2%2%7.2%11%7.7%
Rank within sector465 / 514445 / 450166 / 388348 / 357316 / 318
Quartile4th4th2nd4th4th
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.
-3.94
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.
0.48
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
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%.
6.62
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.
6.68
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.
-1.05
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.
0.19
Price movement
52 week high87.65
52 week low82.05
Current bid price82.73
Current offer price87.08
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Global Fixed Interest88%
2Commodity & Energy20%
3Money Market4%
4International Equities3%
Individual holdings
No data available.
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The fund aims to achieve an annual target return through investment in all major equity, commodity, fixed interest and currency markets using a variety of derivative techniques. The underlying fund aims to achieve an annual target return of LIBOR (the interest rate at which banks can borrow from each other) plus 4-6% with low correlations to traditional investments such as equities and bonds — although there’s no guarantee that either the underlying fund or the Scottish Equitable Fulcrum Diversified Alternative Beta Daily Plus fund will meet this target. The fund will use derivatives in a number of ways to achieve its objectives. This means the fund could be exposed to additional risks and costs should the market move against it. The additional charge/expenses for this fund include a performance fee, which will rise and fall depending on day-today fund performance. So, the charge you pay may vary significantly from the figure quoted below, which is based on recent past performance. Please see the ‘Funds’ section of our website for more details.
Benchmark
  • No Specified Index
Investment style
Multi Strategy
Investment method
Mixed
Fund manager
NameSinceBiography
Fulcrum Investment Team01/03/2009
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Fulcrum Alternative Beta Plus Daily Pn
Initial charge-
Annual charge2.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.15%
Bid price82.727
Offer price87.0811
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB00L
Scot Eq Fulcrum Alternative Beta Plus Daily Pn (ARC)
Initial charge-
Annual charge1.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price-
Offer price-
Mid price92.3624
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0FXI
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.