Fact sheet: Scot Eq Lgl&Gnrl Dynmc Bd Pn

Fund information
Fund name
Scot Eq Legal & General Dynamic Bond Pn (ARC)
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Shahzada Omar Saeedsince 30/06/2015
Underlying fund
L&G Dynamic Bond Trust
Fund objective
The fund aims to achieve a total return (income plus capital growth) by investing mainly in a range of fixed and variable rate income securities (bonds). The fund will use derivatives in a number of ways to achieve its objectives. This means the fund could be exposed to additional risks and costs should the market move against it.
Benchmark
  • IA Sterling Strategic Bond
Investment style
None
Investment method
None
Quick stats
1 Year return
-1.3%
1 Year rank in sector
167/168
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£4m (£5m 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.
29
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc8.3%
AXA Wealth AXA Fram Mgd Inc Pn8.2%
Canlife AXA Fram Mgd Inc Pn8.1%
FL Artemis Stra Bd AP7.8%
FL Artemis Strategic Bond Pn7.4%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK96.6%
    Money Market3.4%
  • Others73%
    Consumer Services10.4%
    Financials9.7%
    Health Care4.3%
    Industrials3.6%
  • North American Fixed Interest40.1%
    European Fixed Interest21.5%
    Global Emerging Market Fixed Interest14.7%
    UK Corporate Fixed Interest7.5%
    Global Fixed Interest5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%-3.1%-1.8%-1.3%4.3%23.3%
Sector-1%-1.6%2.8%4.5%12.4%39.8%
Rank within sector159 / 172138 / 172172 / 172167 / 168145 / 155132 / 143
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-0.6%1.1%3.6%6.1%13.6%
Sector5.3%0.7%5.6%5.9%15.8%
Rank within sector168 / 16871 / 163126 / 15577 / 151113 / 143
Quartile4th2nd4th3rd4th
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.
0.75
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.
0.3
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%.
2.94
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.
3.51
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.
-0.64
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.
0.1
Price movement
52 week high130.75
52 week low126.32
Current bid price-
Current offer price-
Current mid price126.92
Region
1UK96.63%
2Money Market3.37%
Industry sector
1Others72.98%
2Consumer Services10.44%
3Financials9.67%
4Health Care4.28%
5Industrials3.55%
6Consumer Goods2.86%
7Asset/Mortgage-Backed Securities2.64%
8Cash & Cash Equivalents1.78%
9Telecommunications0.92%
Asset type
1North American Fixed Interest40.14%
2European Fixed Interest21.47%
3Global Emerging Market Fixed Interest14.66%
4UK Corporate Fixed Interest7.54%
5Global Fixed Interest5.84%
6Asia Pacific ex Japan Fixed Interest4.98%
7Money Market4.47%
8Japanese Fixed Interest0.47%
9Others0.43%
Individual holdings
1MICROSOFT CORP 3.95% BDS 08/08/56 USD200010.35%
2DIAMOND 1 FIN/DIAMOND 2 8.35% BDS 15/07/46 USD1000 REG S4.89%
3EXPRESS SCRIPTS HLDG CO 4.8% BDS 15/07/46 USD20003.14%
4CHARTER COMMUNICATIONS OPT LLC/CAP 6.834% BDS 23/10/55 USD20003.07%
5TOTAL S.A. 3.369 06/10/26 49P EMTN2.66%
6VODAFONE GROUP 3% NTS 12/08/56 GBP1000002.52%
7RAC BOND CO 4.87 06/05/26 EMTN2.37%
8MEXICO CITY AIRPORT TRUST 5.5% SNR NTS 31/10/46 USD200000 144A2%
9ORACLE CORP 4% BDS 15/07/46 USD20001.98%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The fund aims to achieve a total return (income plus capital growth) by investing mainly in a range of fixed and variable rate income securities (bonds). The fund will use derivatives in a number of ways to achieve its objectives. This means the fund could be exposed to additional risks and costs should the market move against it.
Benchmark
  • IA Sterling Strategic Bond
Investment style
None
Investment method
None
Fund managers
NameSinceBiography
Shahzada Omar Saeed30/06/2015Omar joined LGIM in February 2015 from Zurich based Swisscanto Asset Management where he was Head of Global High Yield, managing global high yield and total return strategies. Prior to Swisscanto, Omar held positions at Western Asset Management, F&C Asset Managment, Standard & Poor's and Habib Bank.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Legal & General Dynamic Bond Pn
Initial charge-
Annual charge1.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.8%
Bid price112.1877
Offer price118.0923
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMJY9
Scot Eq Legal & General Dynamic Bond Pn (ARC)
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price126.9161
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00LR
Data provided by

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