Fact sheet: Scot Eq Lazard Baln Mgd Pn

Fund information
Fund name
Scot Eq Lazard Balanced Managed Pn (ARC)
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Ulrich Teutschsince 01/04/2014
  • Andrew Laceysince 17/05/2010
  • Alan Custissince 01/04/2005
  • David Clearysince 01/06/1999
Underlying fund
Lazard Managed Balanced
Fund objective
This fund aims to achieve long-term capital growth whilst maintaining a reasonable return, by investing in a diversified portfolio of investments but largely in UK and international equities (shares), as well as fixed interest securities (bonds) issued by governments, corporations and bank deposits.
Benchmark
No data available.
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
20.6%
1 Year rank in sector
167/863
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£18m (£18m 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.
74
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn32.1%
Scot Eq Sequel Adven Jrny Pn29%
Scot Eq Sequel Adventurous Pn28.9%
FL My Ftr Advantage Gth Pn28.7%
FL My Ftr Adv Gth XE/IE Pn28.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK46.3%
    International40.2%
    Not Specified11.6%
    Money Market1.9%
  • Financials24.5%
    Consumer Goods15.1%
    Oil & Gas12.6%
    Consumer Services10.6%
    Industrials10.5%
  • UK Equities46.3%
    International Equities40.2%
    Global Fixed Interest11.6%
    Money Market1.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%3.8%5.8%20.6%32.6%60.6%
Sector0.4%3.3%5.2%16.9%27%48%
Rank within sector653 / 902198 / 893498 / 892167 / 863123 / 70678 / 612
Quartile3rd1st3rd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund3.8%15.7%2.2%7.3%17.4%
Sector3%14.3%2.2%5.7%13.1%
Rank within sector159 / 893384 / 794364 / 74799 / 68989 / 662
Quartile1st2nd2nd1st1st
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.
0.41
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.
1.1
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.
0.7
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%.
8
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.
2.14
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.
0.51
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.
0.94
Price movement
52 week high181.43
52 week low146.28
Current bid price-
Current offer price-
Current mid price177.74
Region
1UK46.3%
2International40.2%
3Not Specified11.6%
4Money Market1.9%
Industry sector
1Financials24.5%
2Consumer Goods15.1%
3Oil & Gas12.6%
4Consumer Services10.6%
5Industrials10.5%
6Health Care9.8%
7Basic Materials8.4%
8Telecommunications3.8%
9Money Market2.4%
Asset type
1UK Equities46.3%
2International Equities40.2%
3Global Fixed Interest11.6%
4Money Market1.9%
Individual holdings
1ROYAL DUTCH SHELL6.8%
2BRITISH AMERICAN TOBACCO PLC6.5%
3BP PLC5.5%
4RIO TINTO LTD3.9%
5HSBC HOLDINGS PLC3.6%
6BARCLAYS PLC3.5%
7DIAGEO3.3%
8GLAXOSMITHKLINE3.1%
9PRUDENTIAL PLC3.1%
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 whilst maintaining a reasonable return, by investing in a diversified portfolio of investments but largely in UK and international equities (shares), as well as fixed interest securities (bonds) issued by governments, corporations and bank deposits.
Benchmark
No data available.
Investment style
Balanced
Investment method
No data available.
Fund managers
NameSinceBiography
Ulrich Teutsch01/04/2014Ulrich Teutsch is a Portfolio Manager/Analyst on the European Credit Team located in Frankfurt. He began working in the investment field in 1999. Prior to joining Lazard in 2010, Ulrich was an Analyst with InteractiveData and ValuePrice and a senior portfolio manager with Cominvest Asset Management. He has a diploma in Business Administration from University of Siegen and also holds the DVFA/CEFA
Andrew Lacey17/05/2010Andrew Lacey is Deputy Chairman of Lazard Asset Management responsible for oversight of the firm's U.S. and global strategies. He is also a Portfolio Manager/Analyst on various U.S. and global equity portfolio teams. Andrew began working in the investment field in 1995 when he joined Lazard as a member of Lazard's Global Research Platform. He has an MBA from Columbia University and a BA (Hons) from the College of Social Studies, Wesleyan University. Andrew is currently on the Board of Trustees of the Link Community School.
Alan Custis01/04/2005Alan Custis is a Portfolio Manager/Analyst on our UK Equity Team, responsible for managing UK equity portfolios. He joined Lazard Asset Management Limited in 2004 and his investment experience began in 1989. Prior to joining Lazard, Alan worked for JP MorganFleming for five years in a variety of UK roles including heading their mid-cap initiative and more recently as a member of the UK large cap team. Previously, he worked at Hill Samuel Asset Management where he was Head of Small Cap investment and at Morgan Grenfell Securities as a derivatives trader. Alan holds a Business degree with Honours from Staffordshire University in 1986.
David Cleary01/06/1999David Cleary is a Managing Director of Lazard Asset Management LLC. David provides oversight and management to Lazard's U.S.-based fixed income and asset allocation platform. Additionally he is directly responsible for the management of the Lazard Capital Allocator Series (LCAS). LCAS is a global tactical asset allocation investment strategy. David works on asset allocation modeling and total portfolio risk management and is a member of the LCAS Advisory Board. He is also a member of the Lazard Investment Council. Previously, he spent nine years as a senior fixed income portfolio manager at Lazard with a focus on risk control, sector allocation and total portfolio management. David began working in the investment field in 1987. Prior to joining Lazard in 1994, David worked as a portfolio manager with Union Bank of Switzerland and an assistant treasurer with IBJ Schroeder, both primarily in fixed income asset management. He has a BS from Cornell University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Lazard Balanced Managed Pn
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price249.6177
Offer price262.7555
Mid price-
CurrencyGBX
Price updated28/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeBX82
Scot Eq Lazard Balanced Managed Pn (ARC)
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price177.7388
CurrencyGBX
Price updated28/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi code00IB
Scot Eq Lazard Balanced 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 price249.6247
Offer price249.6247
Mid price-
CurrencyGBX
Price updated28/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeS556
Data provided by

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