Fact sheet: Scot Eq JLT Growth Pn

Fund information
Fund name
Scot Eq JLT Growth Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Hilary Brownsince 13/06/2012
  • Darryn Lakesince 13/06/2012
Underlying fund
JLT Growth Pn
Fund objective
The fund aims to outperform the LIBOR 3 Month GBP rate by at least 4% a year (before charges) over rolling periods of three to five years with an annual volatility target under normal circumstances of between 6-10%. It does this by investing in a mix of funds including a core holding of diversified growth funds complimented by other investment types the fund manager thinks can add value. Volatility is measured using standard deviation, which shows how much the fund’s monthly returns have historically deviated from its average return. We measure standard deviation over three years and then express it as a yearly figure. Derivatives may be used for the purposes of efficient portfolio management (EPM).
Benchmark
  • LIBOR GBP 3 month
Investment style
Balanced
Investment method
Equity, Money Market, Fixed Interest
Quick stats
1 Year return
5.7%
1 Year rank in sector
847/863
Sector
PN Mixed Investment 40%-85% Shares
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.
32
Bid price
108.5488
Offer price
114.2619
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn32.4%
Scot Eq Sequel Adven Jrny Pn30.5%
Scot Eq Sequel Adventurous Pn30.5%
FL My Ftr Advantage Gth Pn29.6%
FL My Ftr Adv Gth XE/IE Pn29.2%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%2.3%3.3%5.7%10.4%-
Sector0.4%3.1%5%17.5%27.1%48.8%
Rank within sector864 / 902803 / 893744 / 892847 / 863691 / 706-
Quartile4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund2.3%2.1%1.1%4%2.4%
Sector3%14.3%2.2%5.7%13.1%
Rank within sector760 / 893783 / 794587 / 747487 / 689655 / 662
Quartile4th4th4th3rd4th
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.
-0.96
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.
0.55
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%.
4.37
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.
3.66
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.
-1.15
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.
0.8
Price movement
52 week high109.16
52 week low102.03
Current bid price108.55
Current offer price114.26
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Others73.08%
2Global Fixed Interest10.38%
3Money Market8.58%
4Property7.99%
Individual holdings
1THREADNEEDLE MULTI ASSET FUND28.88%
2INVESTEC DGF15.34%
3PICTET MULTI ASSET PORTFOLIO12.45%
4STONE HARBOR MULTI ASSET CREDIT10.38%
5STANDARD LIFE GARS8.32%
6NORDEA DIVERSIFIED RETURN8.09%
7THREADNEEDLE PROPERTY INT - JLT BLENDED FUND7.99%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The fund aims to outperform the LIBOR 3 Month GBP rate by at least 4% a year (before charges) over rolling periods of three to five years with an annual volatility target under normal circumstances of between 6-10%. It does this by investing in a mix of funds including a core holding of diversified growth funds complimented by other investment types the fund manager thinks can add value. Volatility is measured using standard deviation, which shows how much the fund’s monthly returns have historically deviated from its average return. We measure standard deviation over three years and then express it as a yearly figure. Derivatives may be used for the purposes of efficient portfolio management (EPM).
Benchmark
  • LIBOR GBP 3 month
Investment style
Balanced
Investment method
Equity, Money Market, Fixed Interest
Fund managers
NameSinceBiography
Hilary Brown13/06/2012Hilary Brown is an Investment Manager with JLT Investment Management and co manager of JLT’s Growth Fund. Prior to this Hilary worked as an Investment Strategist for Alexander Forbes Group, where her responsibilities included asset allocation, fund selection and portfolio construction. Hilary has 12 years’ investment experience and is a CISI diploma holder.
Darryn Lake13/06/2012Darryn Lake is the Chief Investment Officer of JLT Investment Management and co manager of JLT’s Growth Fund. Prior to this Darryn was an Investment Manager at Charteris Treasury. Darryn has 19 years’ investment experience and is a CISI diploma holder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq JLT Growth Pn
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.6%
Bid price108.5488
Offer price114.2619
Mid price-
CurrencyGBX
Price updated29/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVRH
Data provided by

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