Fact sheet: Scot Eq Schroder GblPrpSecsPn

Fund information
Fund name
Scot Eq Schroder Global Property Securities Pn (ARC)
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Hugo Machinsince 14/08/2014
  • Tom Walkersince 14/08/2014
Underlying fund
Schroder Gbl Cit Rel Est
Fund objective
This fund aims to maximise total return (income plus capital growth) by investing in global property securities such as real estate investment trusts, equity and debt securities of property companies worldwide. Investment will be in directly held transferable securities however, the fund may also invest in collective investment schemes, derivatives, cash, deposits, warrants and money market instruments. It’s managed by Schroders, one of our investment managers, who manage the fund in conjunction with European Investors Incorporated (EII), a specialist global property securities manager.
Benchmark
  • FTSE EPRA/NAREIT Global Index
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
28.9%
1 Year rank in sector
22/59
Sector
PN Global Property
Yield
-
Fund size
£31m (£30m 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.
105
Top in this sector
Fund name1 Year
OMW Aviva Asia Pacific Prp40.8%
FL L&G PMCGblRelEstEqIdx Pn33.2%
L&G Gbl Real Estate Eq Ix Pn32%
FL Fidelity Global Property AP31.3%
FL MyM L&G Gl Rl Est Eq Ix Pn30.9%
...more in PN Global Property

Performance snapshot

Holdings snapshot

  • USA54.6%
    Japan10.6%
    UK8.5%
    Hong Kong & China6.7%
    Australia5.8%
  • Real Estate97.8%
    Money Market2.2%
    Derivatives0%
  • North American Equities54.7%
    Asia Pacific ex Japan Equities14%
    Japanese Equities10.6%
    UK Mid Cap Companies5.4%
    European Mid Cap Equity4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%7%1.1%28.9%50.6%68.3%
Sector0.2%4.9%1%19.1%41.7%58%
Rank within sector21 / 6212 / 6212 / 6022 / 5919 / 5518 / 51
Quartile2nd1st1st2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.6%19.9%5%19.3%-0.3%
Sector1.4%13.8%5.5%17.6%2%
Rank within sector29 / 6217 / 5916 / 5826 / 5535 / 55
Quartile2nd2nd2nd2nd3rd
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.
-3.33
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.
1.48
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.
0.82
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%.
13.24
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.
5.13
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.
0.37
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.
0.95
Price movement
52 week high189.7
52 week low145.64
Current bid price-
Current offer price-
Current mid price186.66
Region
1USA54.63%
2Japan10.58%
3UK8.45%
4Hong Kong & China6.69%
5Australia5.79%
6France3.3%
7Sweden2.44%
8Money Market2.16%
9Germany2.1%
Industry sector
1Real Estate97.84%
2Money Market2.16%
3Derivatives-
Asset type
1North American Equities54.74%
2Asia Pacific ex Japan Equities14.02%
3Japanese Equities10.58%
4UK Mid Cap Companies5.38%
5European Mid Cap Equity4%
6European Large Cap Equity3.24%
7UK Small Cap Companies2.68%
8International Equities2.05%
9UK Large Cap Companies1.82%
Individual holdings
1SIMON PROPERTY GROUP INC4.76%
2LINK REAL ESTATE INVESTMENT TRUST UTS3.11%
3AVALONBAY COMMUNITIES INC3.07%
4ALEXANDRIA REAL ESTATE EQUITIES INC2.7%
5WESTFIELD CORPORATION STAPLED (2UT 1ORD)2.67%
6DIGITAL REALTY TRUST INC USD0.012.51%
7EMPIRE STATE REALTY TRUST INC USD0.01 A2.22%
8MITSUI FUDOSAN2.2%
9UDR INC2.19%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims to maximise total return (income plus capital growth) by investing in global property securities such as real estate investment trusts, equity and debt securities of property companies worldwide. Investment will be in directly held transferable securities however, the fund may also invest in collective investment schemes, derivatives, cash, deposits, warrants and money market instruments. It’s managed by Schroders, one of our investment managers, who manage the fund in conjunction with European Investors Incorporated (EII), a specialist global property securities manager.
Benchmark
  • FTSE EPRA/NAREIT Global Index
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Hugo Machin14/08/2014Hugo Machin Joined Schroders in July 2014 as fund manager – Global Property Securities. He has Over 15 years of real estate experience. He was the Head of European Listed Real Estate at AMP Capital – 2006 – 2014 and responsible for setting up the London office for the AMP Global Property Securities Fund. He was in ING Investment Management, Sydney - 2004 – 2006 and Welcome Trust with responsibility for commercial property portfolio – 1999 – 2004. He has completed BA Hons in English Literature from Durham University, MSc in Real Estate Finance and Investment from Reading University and a Diploma in Cross Border Valuation from Oxford Said Business School..
Tom Walker14/08/2014Tom Walker Joined Schroders in July 2014 as fund manager – Global Property Securities. He has Over 15 years of real estate experience. He was the Deputy Head of Global Listed Real Estate at AMP Capital in the year 2005 – 2014 and Jones Lang LaSalle in the year 1999 – 2005. He has completed BA in Politics from University of Newcastle Upon Tyne and a Graduate Diploma in Real Estate from London South Bank University and MRICS.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Schroder Global Property Securities Pn
Initial charge-
Annual charge1.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.9%
Bid price158.8334
Offer price167.1931
Mid price-
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ557
Scot Eq Schroder Global Property Securities Pn (ARC)
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.9%
Bid price-
Offer price-
Mid price186.6633
CurrencyGBX
Price updated17/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi code00MA
Data provided by

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