Fact sheet: Scot Eq UK Corp Bd Sel Pfl Pn

Fund information
Fund name
Scot Eq UK Corporate Bond Select Portfolio Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
A multi-manager portfolio that aims to maximise total returns (the combination of income and capital growth) by investing in a number of high-quality investment grade bond funds from different managers, recommended by independent researchers Morningstar. The portfolio targets returns above the IMA £ Corporate Bond sector median over rolling three-year periods and Morningstar help us to select and manage the blend of funds on an ongoing basis to help it achieve this. This means the underlying funds and the weightings in those funds may change. The additional charges/expenses may change when funds are replaced, added or removed from the portfolio or weightings between funds are changed. We reserve the right to vary the additional charges/expenses at any time without prior notification.
Benchmark
  • IA Sterling Corporate Bond pension sector median
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
9%
1 Year rank in sector
-
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£69m (£76m 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.
30
Bid price
148.1573
Offer price
155.9551
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP17.7%
L&G PMC AAAAAA CpBd Ov15Y Id Pn17%
OMW IPL L&G AAA CrpBdOv15YIx Pn16.2%
FL M&G All Stocks Corp Bd Pn15.8%
M&G PP All Stock Corporate Bond Pn15.3%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • International32.2%
    UK23.4%
    Europe18.2%
    North America13.9%
    Money Market6%
  • Corporate Bonds76.9%
    Asset/Mortgage-Backed Securities17.5%
    Government Bonds4.7%
    Cash & Cash Equivalents2.7%
    Fixed Interest0.5%
  • UK Corporate Fixed Interest20.6%
    European Fixed Interest18.2%
    Others16.8%
    Global Fixed Interest15.4%
    North American Fixed Interest13.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%2.4%-2.3%9%16.7%34%
Sector1.1%2.2%-2.7%10.1%19.2%37.4%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund0.5%7.9%-0%10.2%0.8%
Sector0.4%9.4%0.2%10.5%1%
Rank within sector-----
Quartile
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.
-0.09
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.
0.91
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.
0.32
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%.
4.91
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.
0.76
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.
-0.74
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.
0.99
Price movement
52 week high152.21
52 week low135.66
Current bid price148.16
Current offer price155.96
Current mid price-
Region
1International32.19%
2UK23.43%
3Europe18.24%
4North America13.85%
5Money Market5.95%
6Global Emerging Markets3.3%
7Asia Pacific ex Japan1.94%
8Not Specified1.11%
Industry sector
1Corporate Bonds76.9%
2Asset/Mortgage-Backed Securities17.5%
3Government Bonds4.7%
4Cash & Cash Equivalents2.7%
5Fixed Interest0.5%
6Banks0.2%
7Derivatives-2.5%
Asset type
1UK Corporate Fixed Interest20.58%
2European Fixed Interest18.22%
3Others16.81%
4Global Fixed Interest15.37%
5North American Fixed Interest13.84%
6Money Market5.95%
7Global Emerging Market Fixed Interest3.3%
8UK Gilts2.29%
9Asia Pacific ex Japan Fixed Interest1.94%
Individual holdings
1SE FIDELITY MONEYBUILDER INCOME27.8%
2SE KAMES INVESTMENT GRADE BOND25.1%
3SE M&G STRATEGIC CORPORATE BOND20.1%
4SE RLAM CORPORATE BOND15.1%
5SE HENDERSON STRATEGIC BOND11.9%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
A multi-manager portfolio that aims to maximise total returns (the combination of income and capital growth) by investing in a number of high-quality investment grade bond funds from different managers, recommended by independent researchers Morningstar. The portfolio targets returns above the IMA £ Corporate Bond sector median over rolling three-year periods and Morningstar help us to select and manage the blend of funds on an ongoing basis to help it achieve this. This means the underlying funds and the weightings in those funds may change. The additional charges/expenses may change when funds are replaced, added or removed from the portfolio or weightings between funds are changed. We reserve the right to vary the additional charges/expenses at any time without prior notification.
Benchmark
  • IA Sterling Corporate Bond pension sector median
Investment style
No data available.
Investment method
None
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Scot Eq UK Corporate Bond Select Portfolio Pn
Initial charge-
Annual charge1.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.75%
Bid price148.1573
Offer price155.9551
Mid price-
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGSN7
Scot Eq UK Corporate Bond Select Portfolio Pn (ARC)
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price-
Offer price-
Mid price143.433
CurrencyGBX
Price updated20/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi code00J3
Data provided by

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