Fact sheet: Scot Eq Newton International Bd Pn

Fund information
Fund name
Scot Eq Newton International Bond Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Paul Brainsince 01/12/2008
Underlying fund
Newton Internat Bd
Fund objective
The fund aims to provide a total return comprised of income and capital growth by investing in bonds and similar debt investments issued by governments and other public entities located throughout the world. Derivatives and forward transactions may be used for the purposes of efficient portfolio management (EPM). The use of derivatives in EPM is generally to reduce risk, reduce cost or to generate additional capital or income for the fund without increasing risk. EPM strategies are not usually speculative in nature.
Benchmark
  • JPM Government Bond Idx
Investment style
None
Investment method
None
Quick stats
1 Year return
22.5%
1 Year rank in sector
37/132
Sector
PN Global Fixed Interest
Yield
-
Fund size
£19m (£0m 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.
74
Bid price
115.7694
Offer price
121.8625
Top in this sector
Fund name1 Year
FL GM Overseas Bond Pension30.7%
OMW M&G Glbl Government Bond26.9%
Pru Intnl Bd Pn25.3%
Baillie Gifford Emerg Mrkts Bd Pn25.3%
Scot Eq Ovrss Crp Bd Trkr Pn25.1%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • USA19.2%
    Money Market11.1%
    International7.5%
    Italy5.8%
    Germany5.6%
  • Government Bonds38.6%
    Government Index Linked13.5%
    Government Agency Bonds12.2%
    Money Market11.1%
    Floating Rate Notes8.9%
  • European Fixed Interest33.4%
    North American Fixed Interest32%
    Global Fixed Interest7.9%
    Asia Pacific ex Japan Fixed Interest6.3%
    Global Emerging Market Fixed Interest5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.2%-2.6%9.5%22.5%23.9%-
Sector-3.5%-2.3%5.3%12.9%17.9%19%
Rank within sector100 / 14489 / 14230 / 14137 / 13249 / 110-
Quartile3rd3rd1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund20.2%-0.2%5%--
Sector12.3%-0.3%6.1%-3.6%3%
Rank within sector34 / 13281 / 12474 / 110--
Quartile2nd3rd3rd
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.
-2.23
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.
1.8
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.
0.38
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%.
11.14
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.
5.56
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.
0.34
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.
0.92
Price movement
52 week high126.29
52 week low94.68
Current bid price115.77
Current offer price121.86
Current mid price-
Region
1USA19.17%
2Money Market11.13%
3International7.46%
4Italy5.84%
5Germany5.59%
6UK5.55%
7Japan4.86%
8Spain4.47%
9France3.93%
Industry sector
1Government Bonds38.57%
2Government Index Linked13.45%
3Government Agency Bonds12.24%
4Money Market11.13%
5Floating Rate Notes8.91%
6Others8.21%
7Government Guaranteed7.49%
Asset type
1European Fixed Interest33.42%
2North American Fixed Interest31.99%
3Global Fixed Interest7.91%
4Asia Pacific ex Japan Fixed Interest6.26%
5Global Emerging Market Fixed Interest5.52%
6Others4.15%
7UK Gilts4%
8Japanese Fixed Interest3.8%
9Money Market2.5%
Individual holdings
1UNITED STATES OF AMER TREAS BONDS 2.375% BDS 15/1/25 USD10006.38%
2USA TREASURY NOTES 2% 15/02/2025 USD1004.77%
3USA TREASURY NOTES 1.625% 15/08/2022 USD1003.75%
4USA TREASURY NOTES 0.125% TII 15/04/2020 USD1003.66%
5UNITED STATES OF AMER TREAS BONDS 2.875% BDS 15/05/43 USD10003.3%
6ITALY(REPUBLIC OF) 6.5% TREAS BDS 1/11/2027 EUR0.013.11%
7NETHERLANDS(KINGDOM OF) 1% BDS 24/02/17 USD1000 144A2.96%
8SPAIN(KINGDOM OF) 5.9% BDS 30/07/26 EUR10002.9%
9UNITED STATES OF AMER TREAS NOTES 1.25% TB 30/11/18 USD1002.84%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The fund aims to provide a total return comprised of income and capital growth by investing in bonds and similar debt investments issued by governments and other public entities located throughout the world. Derivatives and forward transactions may be used for the purposes of efficient portfolio management (EPM). The use of derivatives in EPM is generally to reduce risk, reduce cost or to generate additional capital or income for the fund without increasing risk. EPM strategies are not usually speculative in nature.
Benchmark
  • JPM Government Bond Idx
Investment style
None
Investment method
None
Fund managers
NameSinceBiography
Paul Brain01/12/2008Paul is investment leader of the fixed income team. He joined Newton in 2004, and manages a range of global bond funds. He is also the lead manager of Newton’s Global Dynamic Bond strategy. Paul is chairman of the bond/ FX strategy group, and a member of the global strategy group and the investment committee. Paul has held a number of senior fixed income positions within the industry at MSG & Partners, Investec and Credit Suisse.10 years at Newton and 31 years investment experience
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Newton International Bond Pn
Initial charge-
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.2%
Bid price115.7694
Offer price121.8625
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJWPV
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.