Fact sheet: Scot Eq UBS Bal Mgd Pn

Fund information
Fund name
Scot Eq UBS Balanced Managed Pn (ARC)
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund managers
  • Philip Bridessince 01/07/2014
Underlying fund
UBS Global Allocation UK
Fund objective
This fund aims to achieve long-term growth by investing in an internationally diversified portfolio largely made up of UK and overseas equities with the remainder invested in fixed interest securities and cash. The fund’s equity exposure is limited to between 40% and 85% at any one time and the fund must hold at least 50% in established market currencies (US dollar, sterling and the euro), of which 25% must be in sterling (or assets that have been hedged back to sterling with the aim of eliminating currency risk).
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
23.5%
1 Year rank in sector
162/859
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£503m (£447m 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
Top in this sector
Fund name1 Year
Scot Eq Sequel Adven Jrny Pn34.6%
Scot Eq Sequel Adventurous Pn34.5%
BlackRock LGIM Oseas Consn Idx Pn33.3%
Scot Eq Ext Bal Coll (ex MLC) Pn32.3%
FL My Ftr Advantage Gth Pn31.9%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • North America28.7%
    UK25.2%
    Europe18.1%
    Asia Pacific ex Japan9.2%
    International6.1%
  • No data available.
  • North American Equities19.3%
    UK Large Cap Companies17.5%
    North American Fixed Interest9.5%
    European Large Cap Equity8.5%
    European Fixed Interest6.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.3%3.2%8.7%23.5%29.6%69.1%
Sector2.5%2.4%7.8%19.8%27.8%59.9%
Rank within sector165 / 900147 / 900262 / 889162 / 859297 / 709171 / 618
Quartile1st1st2nd1st2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund6.4%14.4%-0.2%8.6%15.8%
Sector4.9%14.3%2.2%5.7%13.1%
Rank within sector134 / 889446 / 791655 / 74444 / 687182 / 660
Quartile1st3rd4th1st2nd
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.
-0.47
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.
1.09
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.
0.61
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%.
8.18
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.
2.81
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.
0.07
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.
0.89
Price movement
52 week high173
52 week low139.8
Current bid price-
Current offer price-
Current mid price172.8
Region
1North America28.73%
2UK25.24%
3Europe18.09%
4Asia Pacific ex Japan9.2%
5International6.08%
6Money Market5.62%
7Global Emerging Markets4.36%
8Japan2.53%
9Not Specified0.15%
Industry sector
No data available.
Asset type
1North American Equities19.26%
2UK Large Cap Companies17.47%
3North American Fixed Interest9.47%
4European Large Cap Equity8.54%
5European Fixed Interest6.23%
6Money Market5.62%
7Asia Pacific ex Japan Equities5.28%
8Asia Pacific ex Japan Fixed Interest3.92%
9UK Mid Cap Companies3.87%
Individual holdings
No data available.
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims to achieve long-term growth by investing in an internationally diversified portfolio largely made up of UK and overseas equities with the remainder invested in fixed interest securities and cash. The fund’s equity exposure is limited to between 40% and 85% at any one time and the fund must hold at least 50% in established market currencies (US dollar, sterling and the euro), of which 25% must be in sterling (or assets that have been hedged back to sterling with the aim of eliminating currency risk).
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
No data available.
Fund managers
NameSinceBiography
Philip Brides01/07/2014Philip Brides was appointed Co-Head of the Portfolio Management team, within Investment Solutions, in January 2017. He is jointly responsible oversight of all multi-asset and solution mandates, with the team managing over CHF 100 billion in assets. In 2014, Philip joined UBS Asset Management from BlackRock, where he had been responsible for managing Global Tactical Asset Allocation (GTAA) mandates for retail and institutional investors. Prior to that, he was co-head of BlackRock's Dynamic Diversified Growth strategy. Philip is a member of the CFA Institute. He also holds the Investment Management Certificate (IMC) and the Chartered Alternative Investment Analyst (CAIA). Philip Brides graduated from Trinity College, Dublin with a BA and Birkbeck College, University of London (UK) with MSc.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq UBS Balanced Managed Pn
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.25%
Bid price235.5005
Offer price247.8953
Mid price-
CurrencyGBX
Price updated23/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeBX84
Scot Eq UBS Balanced Managed Pn (ARC)
Initial charge-
Annual charge0.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price172.7992
CurrencyGBX
Price updated23/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi code00MI
Scot Eq UBS Balanced Managed Pn SC
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price235.5068
Offer price235.5068
Mid price-
CurrencyGBX
Price updated23/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeS558
Data provided by

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