Fact sheet: Scot Eq Lazard Managed Eq Pn

Fund information
Fund name
Scot Eq Lazard Managed Equity Pn (ARC)
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Andrew Laceysince 16/05/2010
  • Lloyd Whitworthsince 28/07/2009
Underlying fund
Lazard Managed Equity
Fund objective
This fund aims to achieve long-term growth by investing in a diversified portfolio of both global and UK equities (shares) with a minimum of 50% exposure to UK equities.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
13.3%
1 Year rank in sector
801/961
Sector
PN Global Equities
Yield
-
Fund size
£63m (£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.
90
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn34.5%
OMW IPL M&G Global Dividend Pn32.2%
LV= M&G Global Div Pn32.2%
Aviva M&G Global Div Pn31.4%
Stan Life M&G Global Dividend Pn31.2%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • UK48.8%
    North America29.9%
    Continental Europe13.5%
    Money Market3.6%
    Japan3.1%
  • Financials16.9%
    Consumer Goods15.3%
    Industrials15%
    Consumer Services12.5%
    Health Care11.1%
  • North American Equities35.3%
    UK Large Cap Companies33.4%
    UK Mid Cap Companies11.4%
    European Large Cap Equity9.7%
    Japanese Equities3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%1.3%12.6%13.3%29.5%83%
Sector-1.9%2.7%15.4%17.8%32.6%78.7%
Rank within sector654 / 1039838 / 1035819 / 1025801 / 961507 / 848354 / 745
Quartile3rd4th4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund14.2%4.1%7%26.9%12.9%
Sector17.7%3.7%7.8%21.4%11.2%
Rank within sector776 / 963441 / 921467 / 849112 / 820277 / 752
Quartile4th2nd3rd1st2nd
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.
0.51
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.
0.91
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.
0.69
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%.
9.54
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.
2.86
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.
-0.13
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.
0.92
Price movement
52 week high194.79
52 week low146.2
Current bid price-
Current offer price-
Current mid price185.97
Region
1UK48.8%
2North America29.9%
3Continental Europe13.5%
4Money Market3.6%
5Japan3.1%
6Asia Pacific ex Japan0.6%
7Middle East0.5%
Industry sector
1Financials16.9%
2Consumer Goods15.3%
3Industrials15%
4Consumer Services12.5%
5Health Care11.1%
6Technology7.9%
7Oil & Gas7.6%
8Basic Materials5.1%
9Telecommunications3.7%
Asset type
1North American Equities35.3%
2UK Large Cap Companies33.41%
3UK Mid Cap Companies11.42%
4European Large Cap Equity9.7%
5Japanese Equities3.47%
6Money Market2.53%
7UK Small Cap Companies2.3%
8Asia Pacific ex Japan Equities0.63%
9Global Emerging Market Equities0.43%
Individual holdings
1BRITISH AMERICAN TOBACCO3.6%
2ROYAL DUTCH SHELL3.1%
3RIO TINTO2.8%
4BP2.6%
5ALPHABET INC2.4%
6UNILEVER2.1%
7BT GROUP1.9%
8SHIRE PLC1.9%
9VODAFONE GROUP1.8%
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 growth by investing in a diversified portfolio of both global and UK equities (shares) with a minimum of 50% exposure to UK equities.
Benchmark
No data available.
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Andrew Lacey16/05/2010Andrew 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.
Lloyd Whitworth28/07/2009Lloyd Whitworth is a Portfolio Manager/Analyst on the UK Equity team. He began working in the investment field in 1991. Prior to joining Lazard in 2009, Lloyd held UK fund management positions at Citigroup, Morley Fund Management, JP Morgan Asset Management, First State Asset Management and Dresdner RCM. Lloyd has a degree in Economics and Business Finance from Brunel University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Lazard Managed Equity 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 price259.056
Offer price272.6905
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeBX90
Scot Eq Lazard Managed Equity 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 price185.9701
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00LP
Scot Eq Lazard Managed Equity 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 price259.0548
Offer price259.0548
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeS564
Data provided by

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