Fact sheet: Scot Eq Man GLG Stkmkt Mgd Pn

Fund information
Fund name
Scot Eq Man GLG Stockmarket Managed Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Ben Funnellsince 30/03/2009
Underlying fund
Man GLG Stockmarket Man
Fund objective
This fund aims for long-term capital growth by investing in a portfolio of funds, which in turn invest mainly in UK and overseas equities (shares). It may invest up to 100% of its value in equities (shares) including convertibles, of which at least 10% must be overseas equities. It also has the flexibility to hold fixed interest and cash investments, or may choose to diversify by currency, although there is no requirement that it does so. It may also invest in exchange traded funds.
Benchmark
  • IA Flexible Investment
Investment style
Aggressive
Investment method
No data available.
Quick stats
1 Year return
4.4%
1 Year rank in sector
375/422
Sector
PN Flexible Investment
Yield
-
Fund size
£83m (£86m 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.
70
Bid price
247.9458
Offer price
260.9956
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn27.7%
Aegon Mrc Divfd Gth Pn24.3%
FL Threadneedle Gbl Equ Inc Pn23.5%
FL Thrdndl Gbl Eq Inc XE/IE Pn22.6%
FL Spicers Adventurous Pn22.3%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • UK33.7%
    Europe ex UK18.9%
    USA16.6%
    International8%
    Japan8%
  • No data available.
  • North American Equities18%
    European Large Cap Equity16.6%
    UK Large Cap Companies13.7%
    Japanese Equities8.7%
    UK Mid Cap Companies8.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%1.7%8.8%4.4%15.3%59.2%
Sector-1.9%-0.2%8.8%10.6%22.1%55%
Rank within sector139 / 485131 / 472309 / 464375 / 422272 / 309155 / 246
Quartile2nd2nd3rd4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund5.5%2.5%4.8%23.9%13%
Sector11%2.5%6.7%14.8%10.5%
Rank within sector381 / 430180 / 335223 / 30928 / 26668 / 249
Quartile4th3rd3rd1st2nd
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.
-2.42
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.
1.17
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.
0.27
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%.
8.94
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.
4.3
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.
-0.31
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.
0.79
Price movement
52 week high256.24
52 week low211.03
Current bid price247.95
Current offer price261
Current mid price-
Region
1UK33.67%
2Europe ex UK18.86%
3USA16.64%
4International8.03%
5Japan7.99%
6Global Emerging Markets6.89%
7Money Market5%
8Others2.78%
9Asia Pacific0.14%
Industry sector
No data available.
Asset type
1North American Equities17.97%
2European Large Cap Equity16.63%
3UK Large Cap Companies13.71%
4Japanese Equities8.69%
5UK Mid Cap Companies8.14%
6Money Market7.01%
7Asia Pacific ex Japan Equities4.84%
8European Fixed Interest4.67%
9UK Small Cap Companies4.51%
Individual holdings
1IMPERIAL TOBACCO GROUP PLC1.32%
2ROYAL DUTCH SHELL1.12%
3BRITISH AMERICAN TOBACCO PLC1.03%
4WPP PLC0.95%
5GLAXOSMITHKLINE0.91%
6SHIRE PLC0.91%
7AVIVA0.88%
8VODAFONE GROUP0.87%
9MICRO FOCUS INTERNATIONAL0.85%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims for long-term capital growth by investing in a portfolio of funds, which in turn invest mainly in UK and overseas equities (shares). It may invest up to 100% of its value in equities (shares) including convertibles, of which at least 10% must be overseas equities. It also has the flexibility to hold fixed interest and cash investments, or may choose to diversify by currency, although there is no requirement that it does so. It may also invest in exchange traded funds.
Benchmark
  • IA Flexible Investment
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 Stockmarket Managed Pn
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price247.9458
Offer price260.9956
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeBX86
Scot Eq Man GLG Stockmarket Managed Pn (ARC)
Initial charge-
Annual charge0.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price165.5967
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00LA
Scot Eq Man GLG Stockmarket Managed Pn SC
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price247.9513
Offer price247.9513
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeS560
Data provided by

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