Fact sheet: Scot Eq Kames Strlng CrpBd Pn

Fund information
Fund name
Scot Eq Kames Sterling Corporate Bond Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • David Robertssince 22/03/2004
  • Iain Bucklesince 30/09/2009
Underlying fund
Kames Sterling Corp Bond
Fund objective
This fund aims to maximise total return (income plus capital growth) by investing mainly in sterling denominated bonds including investment grade corporate bonds, government bonds and cash. It may also invest up to 10% in high yield bonds and is permitted to invest in deposits, money market instruments, derivative instruments and forward transactions.
Benchmark
  • IA £ Corporate Bond Sector
Investment style
No data available.
Investment method
Fixed Interest
Quick stats
1 Year return
5%
1 Year rank in sector
217/260
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£19m (£20m 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.
30
Bid price
145.0393
Offer price
152.6729
Top in this sector
Fund name1 Year
MetLife Fid Corp Bd 20yr Pn14.3%
FL TEActv Bln Bd IE12.9%
OMW IPL L&G AAA CrpBdOv15YIx Pn12.1%
L&G PMC AAAAAA CpBd Ov15Y Id Pn12%
AEGON Long Core Plus Pn11.7%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK97.5%
    Money Market2.5%
  • Others35.2%
    Financials30.7%
    Mortgage & Secured Bonds16.4%
    Government Bonds9.9%
    Government Agency Bonds3.1%
  • Global Fixed Interest97.5%
    Money Market2.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-4.2%2.2%5%15.5%38.4%
Sector-1.3%-4.7%2.5%6.8%19%38.6%
Rank within sector128 / 265114 / 265181 / 265217 / 260190 / 235115 / 210
Quartile2nd2nd3rd4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund6%0.4%8.7%3%14.8%
Sector7.7%0.2%10.5%1%13.5%
Rank within sector211 / 260121 / 246192 / 23550 / 22669 / 210
Quartile4th2nd4th1st2nd
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.
-0.39
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.
0.89
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.
0.25
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%.
4.81
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.
0.94
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.
-1.04
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.
0.98
Price movement
52 week high152.13
52 week low135.29
Current bid price145.04
Current offer price152.67
Current mid price-
Region
1UK97.5%
2Money Market2.5%
Industry sector
1Others35.2%
2Financials30.7%
3Mortgage & Secured Bonds16.4%
4Government Bonds9.9%
5Government Agency Bonds3.1%
6Money Market2.5%
7Asset/Mortgage-Backed Securities2.2%
Asset type
1Global Fixed Interest97.5%
2Money Market2.5%
Individual holdings
1TREASURY 1.5% GILT 22/07/26 GBP0.014%
2KREDITANSTALT FUER WIEDERAUFBAU KFW 1.0% BDS 07/12/17 GBP10002.03%
3TRANSPORT FOR LONDON 2.25% NTS 09/08/22 GBP1000001.74%
4TREASURY 4.5% GILT 7/9/2034 GBP0.011.51%
5AA BOND CO LTD 6.269% BDS 31/07/25 GBP1000001.48%
6ANNINGTON FINANCE NO 4 8.07% ASST BCKD NTS 10/1/23 GBP100001.31%
7APT PIPELINES LTD 3.5% BDS 22/03/30 GBP1000001.29%
8WHITE CITY PROPERTY FINANCE 5.1202% COM MTG FXD NT 17/04/35 GBP500001.19%
9BANK OF SCOTLAND PLC 7.754% PERP BDS 31/5/2021 GBP10001.14%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims to maximise total return (income plus capital growth) by investing mainly in sterling denominated bonds including investment grade corporate bonds, government bonds and cash. It may also invest up to 10% in high yield bonds and is permitted to invest in deposits, money market instruments, derivative instruments and forward transactions.
Benchmark
  • IA £ Corporate Bond Sector
Investment style
No data available.
Investment method
Fixed Interest
Fund managers
NameSinceBiography
David Roberts22/03/2004David is Joint Head of Fixed Income and is jointly responsible for managing the fixed income team. He joined us in 2004 from Britannic Asset Management where he was Head of Credit. David studied Economics and Industrial Relations at the University of Strathclyde and has an MSc in Investment Analysis.
Iain Buckle30/09/2009Iain is an investment manager in the fixed income team. He joined us in 2000 from Baillie Gifford where he was a fixed income analyst. Iain studied Economics at Heriot Watt University and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Kames Sterling Corporate Bond Pn
Initial charge-
Annual charge1.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price145.0393
Offer price152.6729
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeX930
Scot Eq Kames Sterling Corporate Bond Pn (ARC)
Initial charge-
Annual charge1.05%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.05%
Bid price-
Offer price-
Mid price143.5011
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00GV
Data provided by

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