Fact sheet: Scot Eq UK Corporate Bond Pn

Fund information
Fund name
Scot Eq UK Corporate Bond Pn (ARC)
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
This fund aims to perform broadly in line with the Markit iBoxx Sterling Non-Gilt Index, net of fees, by investing primarily in a wide range of sterling denominated investment grade corporate bonds across all maturities.
Benchmark
  • Markit iBoxx Sterling Non Gilts Overall
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
7.5%
1 Year rank in sector
69/260
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£1,278m (£1,231m 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.
43
Top in this sector
Fund name1 Year
FL TEActv Bln Bd IE12.1%
MetLife Fid Corp Bd 20yr Pn10.8%
OMW IPL L&G AAA CrpBdOv15YIx Pn10.1%
BlackRock DC AqOv 15 YCrp BdIx HP10%
AEGON Long Core Plus Pn9.7%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK34.2%
    Europe25.3%
    International19.3%
    North America16.2%
    Money Market1.5%
  • Corporate Bonds80.1%
    Asset/Mortgage-Backed Securities11.3%
    Cash & Cash Equivalents4.4%
    Government Guaranteed3.3%
    Government Bonds1.3%
  • UK Corporate Fixed Interest31.1%
    European Fixed Interest27.4%
    Global Fixed Interest22.6%
    North American Fixed Interest10.7%
    Money Market3.5%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%-5.5%2.9%7.5%21.9%43.9%
Sector-1.5%-4.9%2.7%6.6%18.5%39.6%
Rank within sector181 / 265204 / 265104 / 26569 / 26042 / 23563 / 210
Quartile3rd4th2nd2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund8.1%0.4%11.9%1.4%13.9%
Sector7.4%0.2%10.5%1%13.5%
Rank within sector79 / 260129 / 24652 / 235103 / 22699 / 210
Quartile2nd3rd1st2nd2nd
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.
-0.26
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.
1.17
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.
0.47
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%.
6.3
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.
1.24
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.
0.53
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.
0.98
Price movement
52 week high151.09
52 week low129.52
Current bid price-
Current offer price-
Current mid price140.74
Region
1UK34.17%
2Europe25.3%
3International19.28%
4North America16.24%
5Money Market1.45%
6Global Emerging Markets1.21%
7Others1.07%
8Not Specified0.74%
9Asia Pacific ex Japan0.54%
Industry sector
1Corporate Bonds80.1%
2Asset/Mortgage-Backed Securities11.3%
3Cash & Cash Equivalents4.4%
4Government Guaranteed3.3%
5Government Bonds1.3%
6Derivatives-0.4%
Asset type
1UK Corporate Fixed Interest31.1%
2European Fixed Interest27.39%
3Global Fixed Interest22.58%
4North American Fixed Interest10.7%
5Money Market3.48%
6Global Emerging Market Fixed Interest1.26%
7UK Gilts1.02%
8Japanese Fixed Interest0.9%
9Asia Pacific ex Japan Fixed Interest0.57%
Individual holdings
1NATL GRID ELEC TRA 7.375%2%
2KREDITANST FUR WIE 6%1.9%
3US 10YR NOTE CBT DEC20161.9%
4KREDITANSTALT FUER WIEDERAUFBAU KFW 5.55% BDS 7/6/2021 GBP10001.3%
5BRITISH LAND CO PLC 5.264%1ST MTG DEB BDS 24/09/35 GBP11.2%
6KREDITANSTALT FUER WIEDERAUFBAU 5.75%1.2%
7NATL GRID ELEC TRA 7.375%1.2%
8EURO INV BK 4.5%1.1%
9LCR FINANCE 4.5% 12/07/281.1%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
This fund aims to perform broadly in line with the Markit iBoxx Sterling Non-Gilt Index, net of fees, by investing primarily in a wide range of sterling denominated investment grade corporate bonds across all maturities.
Benchmark
  • Markit iBoxx Sterling Non Gilts Overall
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 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 price222.8301
Offer price234.558
Mid price-
CurrencyGBX
Price updated05/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSN98
Scot Eq UK Corporate Bond 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 price140.7427
CurrencyGBX
Price updated05/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi code00J2
Scot Eq UK Corporate Bond 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 price219.7457
Offer price219.7457
Mid price-
CurrencyGBX
Price updated05/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeBX23
Scot Eq UK Corporate Bond Pn SH
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price215.1562
Offer price215.1562
Mid price-
CurrencyGBX
Price updated05/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeSA62
Data provided by

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