Fact sheet: Scot Eq LzrdGblEqIncPn

Fund information
Fund name
Scot Eq Lazard Global Equity Income Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Andrew Laceysince 21/10/2007
  • Patrick Ryansince 21/10/2007
  • Kyle Waldhauersince 21/10/2007
Underlying fund
Lazard Global Equity Inc
Fund objective
The fund aims to generate substantial income as well as long-term capital growth by investing in a portfolio of high-yielding global equities. The fund is managed by Lazard, one of our investment managers.
Benchmark
  • MSCI AC World Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
27.5%
1 Year rank in sector
111/961
Sector
PN Global Equities
Yield
-
Fund size
£2m (£2m 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.
106
Bid price
137.6564
Offer price
144.9015
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn38.2%
RLP Dimensional Gbl Targeted Val Pn36.5%
Stan Life M&G Global Dividend Pn34.9%
Aviva Sch Gbl Eq Inc Pn34.8%
OMW IPL M&G Global Dividend Pn34.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • North America37%
    Continental Europe26.1%
    Emerging Asia13.2%
    UK5%
    Asia Pacific ex Japan3.9%
  • Financials26.9%
    Information Technology12.3%
    Telecommunications Utilities10.9%
    Energy9.1%
    Consumer Discretionary8%
  • North American Equities37.7%
    European Large Cap Equity24.5%
    Asia Pacific ex Japan Equities17.1%
    Global Emerging Market Equities6.6%
    European Mid Cap Equity4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%4.3%17.3%27.5%18.4%53.6%
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector268 / 1039362 / 1035338 / 1025111 / 961828 / 849680 / 751
Quartile2nd2nd2nd1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund27.2%-12%3.4%15.2%14.2%
Sector18.7%3.7%7.8%21.4%11.2%
Rank within sector77 / 963920 / 921701 / 849735 / 820138 / 752
Quartile1st4th4th4th1st
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.
-5.23
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.
1.05
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.
0.1
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%.
11.72
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.
4.95
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.
-0.98
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.
0.82
Price movement
52 week high140.52
52 week low97.35
Current bid price137.66
Current offer price144.9
Current mid price-
Region
1North America37%
2Continental Europe26.1%
3Emerging Asia13.2%
4UK5%
5Asia Pacific ex Japan3.9%
6Latin America3.4%
7European Emerging Markets3%
8Money Market2.7%
9Japan2.6%
Industry sector
1Financials26.9%
2Information Technology12.3%
3Telecommunications Utilities10.9%
4Energy9.1%
5Consumer Discretionary8%
6Health Care7.5%
7Industrials6.9%
8Others6.2%
9Utilities5.1%
Asset type
1North American Equities37.65%
2European Large Cap Equity24.54%
3Asia Pacific ex Japan Equities17.11%
4Global Emerging Market Equities6.59%
5European Mid Cap Equity3.95%
6UK Large Cap Companies3.08%
7Japanese Equities2.63%
8Money Market2.56%
9UK Mid Cap Companies1.89%
Individual holdings
1CISCO SYSTEMS INC3.8%
2PFIZER INC3.7%
3TELENOR ASA3.7%
4TAIWAN SEMICONDUCTOR MANUFACTURING3.5%
5TOTAL SA3.2%
6BLACKSTONE MORTGAGE TRUST INC USD0.01 A3%
7PACWEST BANCORP (DELAWARE)3%
8International Paper Co ORD2.9%
9EATON CORP PLC2.6%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The fund aims to generate substantial income as well as long-term capital growth by investing in a portfolio of high-yielding global equities. The fund is managed by Lazard, one of our investment managers.
Benchmark
  • MSCI AC World Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Andrew Lacey21/10/2007Andrew 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.
Patrick Ryan21/10/2007Patrick Ryan is a Managing Director and Portfolio Manager/Analyst on the Global Equity Income and Global Equity Select teams. He began working in the investment industry in 1989. Prior to joining Lazard in February 1994, Pat was an equity analyst with Hutson Management. Pat has a BS in Industrial Engineering from Columbia University School of Engineering and Applied Science.
Kyle Waldhauer21/10/2007Kyle Waldhauer is a Senior Vice President and Portfolio Manager/Analyst on the Global Equity Income and Global Equity Select teams. He began working in the investment field in 1994. Prior to joining Lazard in 1998, Kyle was a financial representative at Fidelity Investments. He has a BS in Economics and Finance from Southern New Hampshire University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Lazard Global Equity Income 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 price137.6564
Offer price144.9015
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code08NI
Scot Eq Lazard Global Equity Income 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 price165.3609
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0FX8
Data provided by

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