Fact sheet: Scot Eq Global Eq Tracker Pn

Fund information
Fund name
Scot Eq Global Equity Tracker Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
  • Stephen Walkersince 19/08/2005
Underlying fund
BlackRock NURS II Global Equity
Fund objective
This fund aims to achieve capital growth for investors by investing 50% in UK equities (shares) and 50% in overseas equities. It’s a passively managed fund and so aims to match the performance of the key market indices against which it’s measured (the FTSE All Share and the FTSE World ex UK). It does so by investing directly in the companies that make up the indices and via other transferable securities giving exposure to such companies. The fund is regularly rebalanced to maintain the equal weighting between UK and overseas markets. The fund may also invest in permitted money market instruments, permitted deposits, and units in collective investment schemes. The fund is managed by BlackRock. Derivatives and forward transactions may be used for the purposes of efficient portfolio management (EPM). The use of derivatives in EPM is generally to reduce risk, reduce cost or to generate additional capital or income for the fund without increasing risk. EPM strategies are not usually speculative in nature.
Benchmark
No data available.
Investment style
Passive/Tracking
Investment method
None
Quick stats
1 Year return
24.3%
1 Year rank in sector
683/1001
Sector
PN Global Equities
Yield
-
Fund size
£509m (£439m 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.
94
Bid price
293.7463
Offer price
309.2066
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn46.9%
Baillie Gifford Lng Tm Gbl Gth Pn44.2%
Zurich BailGfrd LgTrmGblGth43.8%
FL Baillie Giff LT Gbl Gth Pn43%
Stan Life BGiff LgTmGlGtOEICPn42.8%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • UK44.3%
    North America33.2%
    Europe9.1%
    Asia Pacific ex Japan4.9%
    Japan4.6%
  • Financials23.3%
    Consumer Goods14.6%
    Industrials11.8%
    Consumer Services11%
    Health Care10.3%
  • UK Large Cap Companies34.6%
    North American Equities33.2%
    UK Mid Cap Companies8.1%
    European Large Cap Equity8%
    Asia Pacific ex Japan Equities4.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%2.8%6.6%24.3%36%72.2%
Sector0.4%3.5%6.2%25.6%43.2%81.5%
Rank within sector510 / 1052765 / 1050455 / 1030683 / 1001623 / 865597 / 773
Quartile2nd3rd2nd3rd3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund3.7%21.6%1.8%5.9%21.1%
Sector4.5%22.4%3.7%7.8%21.4%
Rank within sector669 / 1035555 / 957723 / 915529 / 846532 / 818
Quartile3rd3rd4th3rd3rd
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.
-0.5
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.
0.93
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.
0.84
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%.
9.44
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.
2.1
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.
-0.62
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 high301.2
52 week low230.05
Current bid price293.75
Current offer price309.21
Current mid price-
Region
1UK44.25%
2North America33.23%
3Europe9.06%
4Asia Pacific ex Japan4.91%
5Japan4.57%
6International2.21%
7Money Market1.46%
8Not Specified0.16%
9Global Emerging Markets0.14%
Industry sector
1Financials23.27%
2Consumer Goods14.56%
3Industrials11.78%
4Consumer Services10.98%
5Health Care10.27%
6Oil & Gas8.89%
7Technology7.16%
8Basic Materials5.8%
9Telecommunications3.42%
Asset type
1UK Large Cap Companies34.58%
2North American Equities33.22%
3UK Mid Cap Companies8.1%
4European Large Cap Equity7.95%
5Asia Pacific ex Japan Equities4.9%
6Japanese Equities4.57%
7UK Small Cap Companies1.57%
8International Equities1.5%
9Money Market1.46%
Individual holdings
1BLACKROCK UK EQUITY TRACKER L ACC26.56%
2BLACKROCK NORTH AMERICAN EQUITY TRACKER L26.41%
3BLACKROCK 100 UK EQUITY TRACKER D ACC20.09%
4BLACKROCK CONTINENTAL EUROPEAN EQUITY TRACKER L8.69%
5BLACKROCK US EQUITY TRACKER D ACC5.67%
6BLACKROCK JAPAN EQUITY TRACKER L4.69%
7BLACKROCK PACIFIC EX JAPAN EQUITY TRACKER L4.63%
8BLACKROCK MID CAP UK EQUITY TRACKER D ACC3.27%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims to achieve capital growth for investors by investing 50% in UK equities (shares) and 50% in overseas equities. It’s a passively managed fund and so aims to match the performance of the key market indices against which it’s measured (the FTSE All Share and the FTSE World ex UK). It does so by investing directly in the companies that make up the indices and via other transferable securities giving exposure to such companies. The fund is regularly rebalanced to maintain the equal weighting between UK and overseas markets. The fund may also invest in permitted money market instruments, permitted deposits, and units in collective investment schemes. The fund is managed by BlackRock. Derivatives and forward transactions may be used for the purposes of efficient portfolio management (EPM). The use of derivatives in EPM is generally to reduce risk, reduce cost or to generate additional capital or income for the fund without increasing risk. EPM strategies are not usually speculative in nature.
Benchmark
No data available.
Investment style
Passive/Tracking
Investment method
None
Fund manager
NameSinceBiography
Stephen Walker19/08/2005Steve Walker, Director and portfolio manager, is a member of the Beta Strategies Group. Within Beta Strategies, Mr. Walker is head of the Index Asset Allocation team in EMEA. Mr. Walker's service with the firm dates back to 2007, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. At BGI, he was a portfolio manager in the Client Solutions team. Prior to joining BGI, Mr. Walker was a portfolio manager in the discretionary investment team at Coutts & Co bank for over 12 years.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Global Equity Tracker 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 price293.7463
Offer price309.2066
Mid price-
CurrencyGBX
Price updated27/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeS686
Scot Eq Global Equity Tracker Pn (ARC)
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price195.3811
CurrencyGBX
Price updated27/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi code00JL
Scot Eq Global Equity Tracker Pn SH
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price294.2889
Offer price294.2889
Mid price-
CurrencyGBX
Price updated27/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeS687
Data provided by

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