Fact sheet: Scot Eq Sequel Bal Journey Pn

Fund information
Fund name
Scot Eq Sequel Balanced Journey Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
This fund uses a two-stage investment process. In the early years (the growth stage), it aims to provide long-term capital growth and then, as you approach retirement, it aims to reduce risk by automatically and gradually transferring into lower-risk investments (the risk reduction stage). Growth stage - During this stage of investment, the fund aims for long-term capital growth while keeping risk in a yearly target volatility range of 10.4%-13.0%, measured over a market cycle. It does this by investing mainly in higher risk investments such as global equities (shares), although it will also invest a significant amount in lower-risk fixed interest investments. The risk reduction stage - The risk reduction stage starts five years before the start of your retirement year and assumes your focus will shift more towards preserving the pension fund you’ve built up over the years. Your fund will gradually start switching into lower risk investments, targeting a steadily reducing level of volatility. At retirement, you can take up to 25% of your pension pot as a tax-free cash lump sum (based on current legislation).Even at the end of the risk reduction stage, there’s still a risk that the value of your fund could fall. If you don’t buy an annuity or move your investment elsewhere on your selected retirement date, you’ll automatically be switched into the Scottish Equitable Sequel Defensive Journey Retirement fund. This keeps your asset allocation at 75% invested in UK government bonds and 25% invested in cash. You will remain in this fund until you tell us otherwise. The Scottish Equitable Sequel Defensive Journey Retirement fund is designed for short-term investing. Its returns may not keep pace with inflation. Sequel Investments Limited is a professional investment advisory firm, which provides the asset allocation model and oversight for the Sequel and Sequel Journey funds. Sequel Investments Limited is owned by Foster Denovo Group plc, the parent company of Foster Denovo Limited.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
14.1%
1 Year rank in sector
270/796
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£98m (£64m 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.
68
Bid price
132.0362
Offer price
138.9855
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn26.4%
Scot Eq Sequel Adventurous Pn23.9%
Scot Eq Sequel Adven Jrny Pn23.9%
Scot Eq Caerus Pfl DRP 4 Pn23.2%
FL My Ftr Advantage Gth Pn22.2%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK59.4%
    Europe17.8%
    North America9.5%
    Money Market5.3%
    International5%
  • No data available.
  • UK Gilts29%
    UK Large Cap Companies24.8%
    European Large Cap Equity15.9%
    North American Equities9.8%
    UK Mid Cap Companies5.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-1%9.2%14.1%24.4%-
Sector0.1%-0.1%8.9%11.9%22.7%49.3%
Rank within sector396 / 913706 / 912488 / 894270 / 796252 / 692-
Quartile2nd4th3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund13.7%0.9%6.4%13.2%-
Sector11.5%2.2%5.7%13.1%9.9%
Rank within sector267 / 800599 / 753178 / 692387 / 661-
Quartile2nd4th2nd3rd
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.
0.35
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
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.
0.46
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%.
7.29
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.
1.67
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.
0.21
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 high136.27
52 week low109.3
Current bid price132.04
Current offer price138.99
Current mid price-
Region
1UK59.4%
2Europe17.8%
3North America9.5%
4Money Market5.3%
5International5%
6Asia Pacific ex Japan2%
7Global Emerging Markets0.9%
8Not Specified0.1%
Industry sector
No data available.
Asset type
1UK Gilts28.98%
2UK Large Cap Companies24.78%
3European Large Cap Equity15.85%
4North American Equities9.81%
5UK Mid Cap Companies5.29%
6Japanese Equities4.96%
7European Mid Cap Equity2.16%
8Asia Pacific ex Japan Equities1.99%
9International Equities1.71%
Individual holdings
1BLACKROCK NORTH AMERICAN EQ TKR X ACC9.1%
2BLACKROCK JAPAN TRACKER X ACC5.1%
3HSBC HLDGS1.5%
4BRITISH AMERICAN TOBACCO1.4%
5GLAXOSMITHKLINE1.3%
6ROYAL DUTCH SHELL1.3%
7BP1.2%
8ROYAL DUTCH SHELL1.2%
9UNITED KINGDOM (GOVERNMENT OF) 1.25%1.2%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund uses a two-stage investment process. In the early years (the growth stage), it aims to provide long-term capital growth and then, as you approach retirement, it aims to reduce risk by automatically and gradually transferring into lower-risk investments (the risk reduction stage). Growth stage - During this stage of investment, the fund aims for long-term capital growth while keeping risk in a yearly target volatility range of 10.4%-13.0%, measured over a market cycle. It does this by investing mainly in higher risk investments such as global equities (shares), although it will also invest a significant amount in lower-risk fixed interest investments. The risk reduction stage - The risk reduction stage starts five years before the start of your retirement year and assumes your focus will shift more towards preserving the pension fund you’ve built up over the years. Your fund will gradually start switching into lower risk investments, targeting a steadily reducing level of volatility. At retirement, you can take up to 25% of your pension pot as a tax-free cash lump sum (based on current legislation).Even at the end of the risk reduction stage, there’s still a risk that the value of your fund could fall. If you don’t buy an annuity or move your investment elsewhere on your selected retirement date, you’ll automatically be switched into the Scottish Equitable Sequel Defensive Journey Retirement fund. This keeps your asset allocation at 75% invested in UK government bonds and 25% invested in cash. You will remain in this fund until you tell us otherwise. The Scottish Equitable Sequel Defensive Journey Retirement fund is designed for short-term investing. Its returns may not keep pace with inflation. Sequel Investments Limited is a professional investment advisory firm, which provides the asset allocation model and oversight for the Sequel and Sequel Journey funds. Sequel Investments Limited is owned by Foster Denovo Group plc, the parent company of Foster Denovo Limited.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq Sequel Balanced Journey Pn
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price132.0362
Offer price138.9855
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGY0I
Data provided by

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