Fact sheet: Scot Eq Ivsc Perp Bal Mgd Pn

Fund information
Fund name
Scot Eq Invesco Perp Balance Managed Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Michael Fraikinsince 31/10/2006
  • Alexander Uhlmannsince 31/10/2006
Underlying fund
Invesco Perp Gbl Bal Ind
Fund objective
This fund aims to achieve long-term capital growth with some income generation from investment mainly through a portfolio of global equities (shares) and bonds. The fund managers may also include investments they consider appropriate such as transferable securities, money market instruments, warrants, collective investment schemes, deposits and other permitted investments and transactions. The fund’s equity exposure is limited to between 40% and 85% at any one time and the fund must hold at least 50% in established market currencies (US dollar, sterling and the euro), of which 25% must be in sterling (or assets that have been hedged back to sterling with the aim of eliminating currency risk).
Benchmark
No data available.
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
9.5%
1 Year rank in sector
506/795
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£72m (£62m 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.
70
Bid price
218.0049
Offer price
229.4788
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn22.7%
Scot Eq Ext Bal Coll (ex MLC) Pn20.7%
FL My Ftr Adv Gth XE/IE Pn20.1%
Scot Eq Sequel Adventurous Pn19.6%
Scot Eq Sequel Adven Jrny Pn19.6%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK52.6%
    USA16.7%
    Money Market11%
    International7.5%
    Switzerland2.4%
  • Government Bonds16.4%
    Financials12.9%
    Money Market11%
    Consumer Services10.2%
    Consumer Goods8.1%
  • UK Equities46.1%
    US Equities17.5%
    UK Fixed Interest16.4%
    Money Market11%
    European Equities6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%-0.3%7.8%9.5%24.9%56.9%
Sector-0.8%-1.2%7.8%10.2%21.1%47.2%
Rank within sector36 / 913309 / 912512 / 894506 / 795147 / 692107 / 595
Quartile1st2nd3rd3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund9%3.5%8.3%17%9.1%
Sector10%2.2%5.7%13.1%9.9%
Rank within sector526 / 800178 / 75358 / 692111 / 661437 / 596
Quartile3rd1st1st1st3rd
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.
1.06
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
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.
0.54
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%.
7.46
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.
2.37
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.
0.9
Price movement
52 week high225.65
52 week low184.04
Current bid price218
Current offer price229.48
Current mid price-
Region
1UK52.64%
2USA16.73%
3Money Market11.03%
4International7.5%
5Switzerland2.39%
6Australia2.1%
7France1.74%
8Canada1.58%
9Denmark1.32%
Industry sector
1Government Bonds16.4%
2Financials12.88%
3Money Market11.03%
4Consumer Services10.22%
5Consumer Goods8.12%
6Oil & Gas8.07%
7Health Care6.57%
8Basic Materials6.22%
9Unit Trusts5.58%
Asset type
1UK Equities46.13%
2US Equities17.5%
3UK Fixed Interest16.4%
4Money Market11.03%
5European Equities6.05%
6Other International Equities3.67%
7Japanese Equities1.13%
8Alternative Investment Strategies-1.91%
Individual holdings
1TREASURY 2.75% GILT 07/09/24 GBP0.017.71%
2INVESCO GLOBAL STRUCTURED EQUITY C HEDGED GBP5.82%
3TREASURY 4.25% GILT 7/12/20274.67%
4TREASURY 2.25% GILT 07/09/23 GBP4.06%
5BP2.93%
6BRITISH AMERICAN TOBACCO2.74%
7GLAXOSMITHKLINE2.63%
8VODAFONE GROUP PLC2.2%
9ROYAL DUTCH SHELL1.83%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims to achieve long-term capital growth with some income generation from investment mainly through a portfolio of global equities (shares) and bonds. The fund managers may also include investments they consider appropriate such as transferable securities, money market instruments, warrants, collective investment schemes, deposits and other permitted investments and transactions. The fund’s equity exposure is limited to between 40% and 85% at any one time and the fund must hold at least 50% in established market currencies (US dollar, sterling and the euro), of which 25% must be in sterling (or assets that have been hedged back to sterling with the aim of eliminating currency risk).
Benchmark
No data available.
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Michael Fraikin31/10/2006Based in Frankfurt, Michael is Head of the Portfolio Management Team and is responsible for business development, risk control and investment communication. He started his investment career in 1991 as an investment analyst with Commerzbank and was then promoted to deputy head of quantitative research. He joined our company in 1997 initially as a Portfolio Manager for European Equities, then as Head of European Equities in 2000 before finally becoming Head of the Portfolio Management Team. He holds a M.S. Accounting & Finance from the London School of Economics, and a BA (Hons) through the Combined European Study Programme from the University of Reutlingen and Middlesex University, London.
Alexander Uhlmann31/10/2006Based in Frankfurt, Alexander is a member of the Portfolio Management Team and is responsible for business development, risk control and investment communication. He started his investment career when he joined our company in 1997. He holds a “Diplom Betriebswirt (FH)” degree from Frankfurt School of Finance and Management, and is a CFA Charterholder and a member of the German CFA Society.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Invesco Perp Balance Managed Pn
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.3%
Bid price218.0049
Offer price229.4788
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeBX81
Scot Eq Invesco Perp Balance Managed Pn (ARC)
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.3%
Bid price-
Offer price-
Mid price167.7776
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00I1
Scot Eq Invesco Perp Balance Managed Pn SC
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price218.0128
Offer price218.0128
Mid price-
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeBX99
Data provided by

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