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
16.3%
1 Year rank in sector
693/810
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£548m (£563m 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.
64
Bid price
198.4573
Offer price
208.9024
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn40.7%
Scot Eq Sequel Adventurous Pn39.1%
Scot Eq Sequel Adven Jrny Pn39%
Scot Eq Caerus Pfl DRP 4 Pn36.7%
FL My Ftr Advantage Gth Pn36.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK31.3%
    International18.3%
    Europe ex UK15.4%
    USA12.4%
    Japan10.1%
  • No data available.
  • UK Equities26%
    Global Fixed Interest18.3%
    Europe ex UK Equities15.4%
    US Equities12.4%
    Japanese Equities10.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4%4.8%11.1%16.3%18.1%61.1%
Sector3.4%2.5%7.9%20.6%24.3%53.2%
Rank within sector236 / 91538 / 912123 / 895693 / 810609 / 699171 / 601
Quartile2nd1st1st4th4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.9%8.1%2.9%5%20.8%
Sector1.8%14.3%2.2%5.7%13.1%
Rank within sector55 / 913748 / 801256 / 754360 / 69427 / 663
Quartile1st4th2nd3rd1st
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.
-1.99
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.
1.03
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.
0.23
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%.
8.05
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.
3.04
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.
-0.6
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.
0.86
Price movement
52 week high197.18
52 week low161.11
Current bid price198.46
Current offer price208.9
Current mid price-
Region
1UK31.3%
2International18.27%
3Europe ex UK15.44%
4USA12.35%
5Japan10.08%
6Global Emerging Markets6.98%
7Money Market4.38%
8Others1.13%
9Asia Pacific0.07%
Industry sector
No data available.
Asset type
1UK Equities25.99%
2Global Fixed Interest18.27%
3Europe ex UK Equities15.44%
4US Equities12.35%
5Japanese Equities10.08%
6Global Emerging Market Equities6.98%
7UK Fixed Interest5.31%
8Money Market4.38%
9Others1.13%
Individual holdings
1ROYAL DUTCH SHELL1.61%
2HSBC HOLDINGS PLC1%
3SHIRE PLC0.95%
4BARCLAYS PLC0.87%
5IMPERIAL BRANDS PLC0.85%
6AIRBUS GROUP SE0.84%
7WOLSELEY PLC0.84%
8AVIVA PLC0.82%
9MERCK KGAA0.8%
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 price198.4573
Offer price208.9024
Mid price-
CurrencyGBX
Price updated16/01/2017
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 price173.606
CurrencyGBX
Price updated16/01/2017
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 price201.9597
Offer price201.9597
Mid price-
CurrencyGBX
Price updated16/01/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeBX05
Data provided by

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