Fact sheet: Scot Eq Man GLG Jpn CorAlp Pn

Fund information
Fund name
Scot Eq Man GLG Japan CoreAlpha Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Jeff Athertonsince 01/03/2011
  • Adrian Edwardssince 31/05/2014
  • Neil Edwardssince 01/01/2006
  • Stephen Harkersince 01/01/2006
Underlying fund
Man GLG Japan Core Alpha
Fund objective
The fund aims to achieve long-term capital growth by investing mainly in the shares of companies listed on Japan’s stock markets.
Benchmark
  • Topix
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
26.2%
1 Year rank in sector
39/188
Sector
PN Japan
Yield
-
Fund size
£26m (£24m 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.
146
Bid price
180.1877
Offer price
189.6713
Top in this sector
Fund name1 Year
OMW InvescoPerpetaulJpnSlCos45.7%
SIP Inv Prp Jpnse Sm Cos Pn45.5%
Zurich Inv PerpJapnseSmCosPn43.4%
L&G Legg MasonIFJapanEqPn38.5%
FL GM Japnse Eq Pn37.7%
...more in PN Japan

Performance snapshot

Holdings snapshot

  • Japan99.1%
    Money Market0.9%
  • Financials31.8%
    Industrials15.8%
    Consumer Discretionary14.4%
    Information Technology14.3%
    Materials11%
  • Japanese Equities99%
    Money Market1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%11.3%33.4%26.2%49.5%94.1%
Sector-4.2%6.9%22%22.1%42.3%88%
Rank within sector9 / 1949 / 1919 / 19139 / 18838 / 17957 / 167
Quartile1st1st1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund26.4%17%0.2%31.2%0.1%
Sector21.2%15.7%1.5%26.2%4%
Rank within sector27 / 18845 / 186142 / 17937 / 176156 / 167
Quartile1st1st4th1st4th
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.
0.38
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.
1.06
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.
0.72
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%.
15.63
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.
8.05
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.
0.09
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.
0.72
Price movement
52 week high183.35
52 week low114.51
Current bid price180.19
Current offer price189.67
Current mid price-
Region
1Japan99.08%
2Money Market0.92%
Industry sector
1Financials31.79%
2Industrials15.8%
3Consumer Discretionary14.39%
4Information Technology14.31%
5Materials11.02%
6Energy5.94%
7Real Estate3.55%
8Utilities2.28%
9Money Market0.92%
Asset type
1Japanese Equities99.01%
2Money Market0.99%
Individual holdings
1MITSUBISHI UFJ FINANCIAL GROUP6.34%
2HONDA MOTOR CO5.15%
3TOYOTA MOTOR CORP5.06%
4CANON INC4.95%
5NOMURA HLDGS INC4.8%
6JFE HOLDINGS INC4.51%
7SUMITOMO MITSUI FINANCIAL GROUP INC4.45%
8NIPPON STEEL & SUMITOMO METAL CORP4.35%
9SUMITOMO MITSUI TR HLDGS INC4.35%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The fund aims to achieve long-term capital growth by investing mainly in the shares of companies listed on Japan’s stock markets.
Benchmark
  • Topix
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Jeff Atherton01/03/2011Jeff is a Senior Portfolio Manager to the Japan CoreAlpha team. He has a BA in Economics from the University of Sheffield. Jeff started his career at Sun Life of Canada in 1987 and has been managing Japanese funds for over 20 years. He has held senior positions at Insight Investment, SGAM, TCW and Equitable Life. Most recently Jeff spent 5 years at Stratton Street Capital LLP where he was a partner and co-manager of their Japanese hedge fund strategies. Jeff joined GLG in March 2011.
Adrian Edwards31/05/2014Adrian has a BSc in Business Information Systems from Anglia Ruskin University and is a CFA charter holder. Adrian began his career in fund management at Stratton Street Capital LLP in January 2006 where he rose to the position of Assistant Fund Manager on the firm’s Japanese and Asian synthetic warrant and Japanese equity hedge fund strategies. Adrian joined Man GLG (‘GLG’) in June 2014.
Neil Edwards01/01/2006Neil is Director and Senior Portfolio Manager to the Japan CoreAlpha team. He has a BA in Economics and an MA in Economics of Money and Finance from the University of Sheffield. He worked as an investment analyst before taking positions In UK equity fund management at CIS Insurance, Halifax Fund Management and Nestle for a total of 15 years. At Halifax he also spent five years managing international bonds and derivatives and a period covering the Japanese equity market. He joined Société Générale Asset Management in February 2005, working with the Japanese equity team and is now an employee of GLG Partners following the acquisition of SGAM UK in April 2009.
Stephen Harker01/01/2006Stephen Harker is Head of Japanese Equities and leads the Japan CoreAlpha team. He has a BA in Mathematics and Economics from the University of Warwick and an MA in Economics of Finance from the University of Sheffield. Stephen has over 35 years of industry experience, and has concentrated on the Japanese equity market since April 1984. After a decade managing the Prudential Japanese Trust, he joined TCW London International in 1994. TCW was acquired in 2001 by Société Générale Asset Management (SGAM); SGAM UK was acquired by GLG Partners LP in April 2009; and GLG was in turn acquired by Man Group plc in October 2010. In January 2006, Stephen and the Japan equity team created the Japan CoreAlpha strategy which has grown into an industry leading large cap Japanese equity product.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Man GLG Japan CoreAlpha Pn
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.75%
Bid price180.1877
Offer price189.6713
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGSN9
Scot Eq Man GLG Japan CoreAlpha Pn (ARC)
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price-
Offer price-
Mid price209.8106
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00L9
Data provided by

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