Fact sheet: Scot Eq Man GLG Bal Mgd Pn

Fund information
Fund name
Scot Eq Man GLG Balanced Managed Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Ben Funnellsince 30/03/2009
Underlying fund
Man GLG Balanced Managed
Fund objective
This fund aims to provide capital growth over the long-term by investing in mainly UK and overseas equities (shares), with the remainder invested in fixed interest securities (bonds) and cash. The fund’s exposure to equities is limited to between 40% and 85% at any time and the fund must hold at least 50% in established market currencies (US dollar, sterling and the euro), of which 25% must be in sterling (or assets that have been hedged back to sterling with the aim of eliminating currency risk).
Benchmark
  • IA Mixed Investment 40%-85% Shares
Investment style
Aggressive
Investment method
No data available.
Quick stats
1 Year return
2.8%
1 Year rank in sector
765/794
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£560m (£554m 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.
62
Bid price
185.1463
Offer price
194.8908
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn23.2%
Scot Eq Ext Bal Coll (ex MLC) Pn22%
FL My Ftr Adv Gth XE/IE Pn21.6%
FL My Ftr Advantage Gth Pn21.3%
Scot Eq Caerus Pfl DRP 4 Pn20.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK31.4%
    Europe ex UK16%
    International15.4%
    USA11.8%
    Money Market9.8%
  • No data available.
  • Money Market14.4%
    North American Equities13.9%
    European Large Cap Equity11.7%
    UK Large Cap Companies11.4%
    Japanese Equities9.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.3%0.6%6.9%2.8%13.9%54.1%
Sector-2.2%-0.5%9.1%10.3%20.2%49.6%
Rank within sector480 / 912353 / 912729 / 894765 / 794612 / 691223 / 595
Quartile3rd2nd4th4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund3.7%2.9%5%20.8%13.3%
Sector10.6%2.2%5.7%13.1%9.9%
Rank within sector763 / 800255 / 753360 / 69226 / 66145 / 596
Quartile4th2nd3rd1st1st
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.
-1.01
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.
1.01
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.
0.29
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%.
7.83
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.
3.38
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.
-0.29
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.
0.81
Price movement
52 week high190.86
52 week low161.11
Current bid price185.15
Current offer price194.89
Current mid price-
Region
1UK31.43%
2Europe ex UK16.02%
3International15.44%
4USA11.8%
5Money Market9.75%
6Japan9.12%
7Global Emerging Markets6.3%
8Asia Pacific0.14%
Industry sector
No data available.
Asset type
1Money Market14.41%
2North American Equities13.86%
3European Large Cap Equity11.72%
4UK Large Cap Companies11.36%
5Japanese Equities9.55%
6European Fixed Interest6.9%
7UK Mid Cap Companies6.61%
8Asia Pacific ex Japan Equities4.51%
9Others4.3%
Individual holdings
1SHIRE PLC1.39%
2ROYAL DUTCH SHELL1.32%
3IMPERIAL BRANDS PLC1.17%
4RYANAIR HLDGS1.06%
5VODAFONE GROUP0.95%
6BRITISH AMERICAN TOBACCO0.89%
7DEUTSCHE WOHNEN AG0.87%
8ASSA ABLOY AB0.86%
9MERCK KGAA0.82%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims to provide capital growth over the long-term by investing in mainly UK and overseas equities (shares), with the remainder invested in fixed interest securities (bonds) and cash. The fund’s exposure to equities is limited to between 40% and 85% at any time and the fund must hold at least 50% in established market currencies (US dollar, sterling and the euro), of which 25% must be in sterling (or assets that have been hedged back to sterling with the aim of eliminating currency risk).
Benchmark
  • IA Mixed Investment 40%-85% Shares
Investment style
Aggressive
Investment method
No data available.
Fund managers
NameSinceBiography
Ben Funnell30/03/2009Ben is the lead portfolio manager of GLG’s Global and European long only strategies. Previously he was GLG’s chief equity strategist. Prior to joining GLG he spent 11 years at Morgan Stanley, the last nine of those years on the top II and Extel-rated European Equity Strategy team, which he co-headed in his final three years at the firm as a Managing Director. He was educated in modern languages at Durham University, UK. His approach to investing is both top-down and bottom-up, with macro views influencing portfolio positioning. Areas of particular interest to his research process include income disparity and social inequality, and the associated rise in household leverage; the political economy of the Eurozone and latterly of Japan; and investment style, with a focus on truly active management.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Man GLG Balanced Managed Pn
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price185.1463
Offer price194.8908
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSN96
Scot Eq Man GLG Balanced Managed Pn (ARC)
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price161.7584
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00L8
Scot Eq Man GLG 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 price188.4138
Offer price188.4138
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeBX05
Data provided by

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