Fact sheet: Scot Eq Old Mtl Gbl Str Bd Pn

Fund information
Fund name
Scot Eq Old Mutual Global Strategic Bond Pn (ARC)
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Nick Wallsince 31/07/2016
  • Mark Nashsince 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
5.3%
1 Year rank in sector
106/132
Sector
PN Global Fixed Interest
Yield
-
Fund size
£5m (£27m 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.
26
Top in this sector
Fund name1 Year
FL GM Overseas Bond Pension30.7%
OMW M&G Glbl Government Bond25.9%
Pru Intnl Bd Pn25.6%
M&G PP International Bond Pn25.3%
Scot Eq Ovrss Crp Bd Trkr Pn23.9%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • USA39.7%
    Money Market18%
    UK10.9%
    Canada5.3%
    France4.4%
  • Government Bonds72.9%
    Money Market15%
    Investment Grade Corporate Bonds9.3%
    High Yield Bond2.8%
  • North American Fixed Interest42.1%
    Money Market17.2%
    European Fixed Interest8.2%
    Global Fixed Interest7.6%
    Others6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-1.6%1.4%5.3%-0.8%3.9%
Sector-3.8%-2.4%5%12.4%17.5%18.8%
Rank within sector15 / 14438 / 142113 / 141106 / 132105 / 11086 / 91
Quartile1st2nd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund5.6%-4.2%-2.1%-0.9%6.1%
Sector11.9%-0.3%6.1%-3.6%3%
Rank within sector106 / 132112 / 124104 / 11038 / 10521 / 92
Quartile4th4th4th2nd1st
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.
-1.55
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.
0.27
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%.
4.08
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.
5.72
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.
-0.96
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.
0.16
Price movement
52 week high106.56
52 week low98.53
Current bid price-
Current offer price-
Current mid price104.12
Region
1USA39.65%
2Money Market18%
3UK10.94%
4Canada5.25%
5France4.38%
6New Zealand3.59%
7Spain3.08%
8Argentina2.07%
9Indonesia2.06%
Industry sector
1Government Bonds72.9%
2Money Market15%
3Investment Grade Corporate Bonds9.3%
4High Yield Bond2.8%
Asset type
1North American Fixed Interest42.14%
2Money Market17.21%
3European Fixed Interest8.22%
4Global Fixed Interest7.59%
5Others6.09%
6Asia Pacific ex Japan Fixed Interest5.5%
7UK Gilts5.44%
8Global Emerging Market Fixed Interest4.57%
9UK Corporate Fixed Interest2.21%
Individual holdings
1US TSY. NOTES - 2.0% - 15/02/20258.5%
2UNITED STATES OF AMER TREAS NOTES 2.125% NTS 30/09/21 USD10006%
3FRANCE(GOVT OF) 1% BDS 25/11/25 EUR14.4%
4UNITED STATES OF AMER TREAS NOTES 1.625% BDS 15/02/26 USD10004.2%
5UNITED STATES OF AMER TREAS BONDS 4.5% BDS 15/02/36 USD10004.1%
6UNITED STATES OF AMER TREAS NOTES 1% NTS 15/09/18 USD10004%
7JAPAN GOVERNMENT CPI LINKED 0.1% INFLATION LINKED 10/03/20263.8%
8NEW ZEALAND(GOVERNMENT OF) 6% BDS 15/05/21 NZD10003.6%
9UNITED STATES OF AMER TREAS BONDS 2% BDS 15/08/25 USD1003.3%
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
Nick Wall31/07/2016
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.
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 price109.1831
Offer price114.9296
Mid price-
CurrencyGBX
Price updated06/12/2016
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 price104.1223
CurrencyGBX
Price updated06/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00M2
Data provided by

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