Fact sheet: Scot Eq Man GLG UK Sel Pn

Fund information
Fund name
Scot Eq Man GLG UK Select Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Nick Judgesince 29/09/2013
  • Charles Longsince 29/09/2013
Underlying fund
Man GLG UK Select
Fund objective
This fund aims to provide a high total return (combination of income plus capital growth) mainly by investing, either directly or indirectly, in UK equities (shares of companies) or in the shares of companies that derive a substantial part of their revenue from activities in the UK. The fund may also invest in money market securities, fixed and floating rate government and corporate bonds, bonds convertible into common stock, preferred shares and other fixed income investments. Such fixed income securities may be issued by any government, company or international agency. The fund is managed by GLG Partners. The additional charge/expenses for this fund include a performance fee that will rise and fall depending on performance day to day - so the charge you pay may vary significantly from the figure quoted on the fund factsheet, which is based on recent past performance. Please refer to the 'Funds' section of our website for more details.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-0.4%
1 Year rank in sector
762/845
Sector
PN UK All Companies
Yield
-
Fund size
£1m (£1m 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.
87
Bid price
144.0724
Offer price
151.6552
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn50.2%
Fidelity UBS UK Select Pn31.2%
Halifax IM UK Growth Pn30.9%
CM UBS UK Opportunities Pension30.7%
SW UBS UK Opps Pn30.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK96.8%
    Switzerland2.3%
    Money Market0.4%
    Ireland0.3%
    Africa ex S Africa0%
  • Financials26.6%
    Consumer Discretionary14.7%
    Consumer Staples12.7%
    Industrials11.8%
    Energy11.3%
  • UK Large Cap Companies52.2%
    UK Mid Cap Companies24.8%
    International Equities12.3%
    North American Equities3.8%
    Money Market3.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.1%-2.4%0.4%-0.4%10.4%53.6%
Sector2.1%0.1%7.1%8.2%16.6%60%
Rank within sector370 / 867676 / 864797 / 863762 / 845680 / 807468 / 758
Quartile2nd4th4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-2.4%3.2%4.3%29.1%14.9%
Sector7.1%4.4%0.6%24.2%15.4%
Rank within sector787 / 845422 / 833132 / 808184 / 787288 / 760
Quartile4th3rd1st1st2nd
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.
-1.86
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.
0.99
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
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%.
10.46
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.
4.22
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.
-0.47
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.
0.84
Price movement
52 week high149.63
52 week low129.52
Current bid price144.07
Current offer price151.66
Current mid price-
Region
1UK96.83%
2Switzerland2.31%
3Money Market0.45%
4Ireland0.29%
5Africa ex S Africa0.04%
6Germany0.04%
7United Arab Emirates0.02%
8Russia0.02%
Industry sector
1Financials26.61%
2Consumer Discretionary14.73%
3Consumer Staples12.7%
4Industrials11.77%
5Energy11.34%
6Information Technology5.62%
7Materials5.22%
8Health Care4.61%
9Telecommunications Utilities4.15%
Asset type
1UK Large Cap Companies52.15%
2UK Mid Cap Companies24.77%
3International Equities12.31%
4North American Equities3.82%
5Money Market3.58%
6UK Gilts2.54%
7Asia Pacific ex Japan Equities0.66%
8Global Fixed Interest0.16%
Individual holdings
1ROYAL DUTCH SHELL7.49%
2HSBC HLDGS6.77%
3RELX PLC5.09%
4WPP PLC5.06%
5DIAGEO4.4%
6AVIVA4.13%
7BP3.85%
8BRITISH AMERICAN TOBACCO3.73%
9DIRECT LINE INSURANCE GROUP PLC3.69%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims to provide a high total return (combination of income plus capital growth) mainly by investing, either directly or indirectly, in UK equities (shares of companies) or in the shares of companies that derive a substantial part of their revenue from activities in the UK. The fund may also invest in money market securities, fixed and floating rate government and corporate bonds, bonds convertible into common stock, preferred shares and other fixed income investments. Such fixed income securities may be issued by any government, company or international agency. The fund is managed by GLG Partners. The additional charge/expenses for this fund include a performance fee that will rise and fall depending on performance day to day - so the charge you pay may vary significantly from the figure quoted on the fund factsheet, which is based on recent past performance. Please refer to the 'Funds' section of our website for more details.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Nick Judge29/09/2013Nick joined GLG in March 2009. He started his career at NatWest Securities as a graduate trainee, being promoted to director 4 years later. In 1999, he joined Morgan Stanley as a Director. In 2001 Nick moved to Merrill Lynch on the Institutional Sales desk where he oversaw the UK equity product and was promoted to Managing Director in 2007.
Charles Long29/09/2013Charlie joined GLG in January 2002 from Morgan Stanley. Charlie is an asset manager on the UK team managing both hedge fund and long only strategies. He is focused on fundamental stock picking. He graduated from the University of Oxford in 2001 with a degree in chemistry (MChem, First Class) and became a CFA charterholder in 2005.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Man GLG UK Select 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 price144.0724
Offer price151.6552
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ1V8
Scot Eq Man GLG UK Select 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 price165.6276
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00LB
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.