Fact sheet: Scot Eq Old Mtl Gbl Str Bd Pn

Fund information
Fund name
Scot Eq Old Mutual Global Strategic Bond Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Mark Nashsince 31/07/2016
  • Nick Wallsince 31/07/2016
Underlying fund
Old Mutual Gl St Bd
Fund objective
The fund aims to produce an attractive level of income together with capital appreciation by investing in a diversified portfolio of fixed and variable rate bond investments, including convertible securities. The fund may vary the currencies in which it invests to enable it to achieve its objectives. The fund is managed by Old Mutual, one of our investment managers. The fund will use derivatives in a number of ways to achieve its objectives. This means the fund could be exposed to additional risks and costs should the market move against it.
Benchmark
  • JP Morgan Global Government Bond index
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
2.7%
1 Year rank in sector
-
Sector
PN Global Fixed Interest
Yield
-
Fund size
£5m (£26m 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.
25
Bid price
108.9489
Offer price
114.6831
Top in this sector
Fund name1 Year
Baillie Gifford Emerg Mrkts Bd Pn29.4%
Scot Eq AegonIntcEgMtsLclCrDtPn25.2%
Scot Eq Broker AMR Managed Pn22.2%
OMW M&G Glbl Government Bond21.5%
RLPPC Enhanced IL Pn19.7%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • USA45.9%
    Japan14%
    Money Market12%
    UK7.7%
    Germany6.1%
  • Government Bonds72.7%
    Money Market15.9%
    Investment Grade Corporate Bonds8%
    High Yield Bond3.4%
  • North American Fixed Interest45.9%
    Money Market19.2%
    Japanese Fixed Interest12.9%
    European Fixed Interest8.7%
    Global Fixed Interest3.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-0%-2.4%2.7%-1.6%-2.5%
Sector0%0.8%-1.8%10%19.8%19.7%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund-0.4%4.9%-5.1%-3.1%-1.9%
Sector-0.1%14.1%-0.3%6.1%-3.6%
Rank within sector-----
Quartile
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.
-2.36
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.
0.3
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%.
3.89
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.
5.36
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.
-1.16
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.
0.21
Price movement
52 week high112.07
52 week low106.09
Current bid price108.95
Current offer price114.68
Current mid price-
Region
1USA45.88%
2Japan14.03%
3Money Market12.03%
4UK7.69%
5Germany6.06%
6Others4.31%
7New Zealand3.64%
8Italy1.76%
9Argentina1.35%
Industry sector
1Government Bonds72.7%
2Money Market15.9%
3Investment Grade Corporate Bonds8%
4High Yield Bond3.4%
Asset type
1North American Fixed Interest45.92%
2Money Market19.19%
3Japanese Fixed Interest12.86%
4European Fixed Interest8.66%
5Global Fixed Interest3.83%
6Asia Pacific ex Japan Fixed Interest3.7%
7UK Gilts2.9%
8UK Corporate Fixed Interest2.41%
9Global Emerging Market Fixed Interest1.3%
Individual holdings
1US TSY. NOTES - 2.0% - 15/02/20258.4%
2UNITED STATES OF AMER TREAS NOTES 1% NTS 15/09/18 USD10007.9%
3JAPAN GOVT CPI LINKED 0.1 10/03/20267.7%
4UNITED STATES OF AMER TREAS BONDS 4.5% BDS 15/02/36 USD10006.3%
5UNITED STATES OF AMER TREAS NOTES 2.125% NTS 30/09/21 USD10006.1%
6DEUTSCHLAND I/L BOND 0.1% 04/15/20265.4%
7US 1.5000% NOTE 15 AUG 20264.5%
8UNITED STATES OF AMER TREAS NOTES 0.75% BDS 31/01/18 USD1004.4%
9NEW ZEALAND(GOVERNMENT OF) 6% BDS 15/05/21 NZD10003.5%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The fund aims to produce an attractive level of income together with capital appreciation by investing in a diversified portfolio of fixed and variable rate bond investments, including convertible securities. The fund may vary the currencies in which it invests to enable it to achieve its objectives. The fund is managed by Old Mutual, one of our investment managers. The fund will use derivatives in a number of ways to achieve its objectives. This means the fund could be exposed to additional risks and costs should the market move against it.
Benchmark
  • JP Morgan Global Government Bond index
Investment style
No data available.
Investment method
None
Fund managers
NameSinceBiography
Mark Nash31/07/2016Based in London, Mark is responsible for managing multi-currency global fixed income portfolios for retail and institutional clients and aside from managing portfolios, primarily focuses on emerging local debt analysis and G3 government bond markets (i.e. Columbia, Mexico and Venezuela). Mark’s investment career started when he joined the company in 2001. At that time, his portfolio responsibilities included the management of absolute return mandates that covered a very broad universe of fixed income assets classes. He also worked in the currency team and continues to hold primary currency decision making responsibility for the Invesco Fixed Income investment team. Mark holds a BSc (Honours) degree (2000) in Chemistry from the University of Nottingham and a MSc in Materials Engineering. In 2004, Mark was awarded the Chartered Financial Analyst® (CFA®) designation.
Nick Wall31/07/2016
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Old Mutual Global Strategic 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)1.6%
Bid price108.9489
Offer price114.6831
Mid price-
CurrencyGBX
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGSO0
Scot Eq Old Mutual Global Strategic Bond Pn (ARC)
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.6%
Bid price-
Offer price-
Mid price104.121
CurrencyGBX
Price updated22/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi code00M2
Data provided by

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