Fact sheet: Scot Eq Sequel Gth JrRt Pn

Fund information
Fund name
Scot Eq Sequel Growth Journey Retirement Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
This fund is for investors in the Scottish Equitable Sequel Growth Journey fund who have reached the end of the risk reduction stage and have passed their selected retirement date (SRD). We’ll automatically switch investors into this fund on the 1 January after they reach their SRD unless they tell us how they want to take their retirement benefits before then. The fund is designed to offer some growth potential while aiming to keep risk to a level you and your adviser have agreed you’re comfortable with shortly before you retire. The mix of investments reflects the fact that you remain comfortable retaining an element of risk through investing around 33% in equities (shares). The balance is invested in UK government bonds (gilts), corporate bonds and cash with the aim of reducing the overall exposure to risk. The fund gets its exposure to equity and bond investments through passively managed funds, which means returns (both positive and negative) for that portion of the fund should be similar to those of the indices these funds track.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
6.4%
1 Year rank in sector
678/794
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£0m (£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.
41
Bid price
117.2791
Offer price
123.4517
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn21.5%
FL My Ftr Adv Gth XE/IE Pn20.2%
FL My Ftr Advantage Gth Pn19.9%
OMW S&W Millbank East River19.5%
Scot Eq Ext Bal Coll (ex MLC) Pn18.6%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK61.8%
    Money Market22%
    Europe6.8%
    North America4.8%
    International2.7%
  • No data available.
  • UK Gilts44.4%
    Money Market19.5%
    UK Large Cap Companies13.4%
    European Large Cap Equity6.1%
    North American Equities5.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-3.7%4.4%6.4%16.6%-
Sector-2.3%-0.8%8.2%9.1%19.7%47.8%
Rank within sector356 / 913811 / 912803 / 894678 / 794529 / 692-
Quartile2nd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund7.9%0.5%7.2%4.6%-
Sector10%2.2%5.7%13.1%9.9%
Rank within sector624 / 800616 / 753114 / 692646 / 661-
Quartile4th4th1st4th
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.
1.83
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.
0.56
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.
0.41
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%.
4.89
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.
4.22
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.
0.66
Price movement
52 week high123
52 week low106.69
Current bid price117.28
Current offer price123.45
Current mid price-
Region
1UK61.8%
2Money Market22%
3Europe6.8%
4North America4.8%
5International2.7%
6Asia Pacific ex Japan1.2%
7Global Emerging Markets0.6%
8Not Specified0.1%
Industry sector
No data available.
Asset type
1UK Gilts44.38%
2Money Market19.46%
3UK Large Cap Companies13.39%
4European Large Cap Equity6.06%
5North American Equities5.4%
6UK Mid Cap Companies3.18%
7Japanese Equities2.83%
8Asia Pacific ex Japan Equities1.25%
9Others0.95%
Individual holdings
1SCOT EQ SEQUEL CAUTIOUS PN75.9%
2SCOT EQ SEQUEL DEFENSIVE PN24.1%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund is for investors in the Scottish Equitable Sequel Growth Journey fund who have reached the end of the risk reduction stage and have passed their selected retirement date (SRD). We’ll automatically switch investors into this fund on the 1 January after they reach their SRD unless they tell us how they want to take their retirement benefits before then. The fund is designed to offer some growth potential while aiming to keep risk to a level you and your adviser have agreed you’re comfortable with shortly before you retire. The mix of investments reflects the fact that you remain comfortable retaining an element of risk through investing around 33% in equities (shares). The balance is invested in UK government bonds (gilts), corporate bonds and cash with the aim of reducing the overall exposure to risk. The fund gets its exposure to equity and bond investments through passively managed funds, which means returns (both positive and negative) for that portion of the fund should be similar to those of the indices these funds track.
Benchmark
  • No Specified Index
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 Growth Journey Retirement 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 price117.2791
Offer price123.4517
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGY0S
Data provided by

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