Fact sheet: Scot Eq Universal LF Clctn Pn

Fund information
Fund name
Scot Eq Universal Lifestyle Collection Pn
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The Universal Lifestyle Collection uses a two-stage investment process called lifestyling. It aims to perform better than its benchmark in the early years (the growth stage), and give you more certainty about the amount of pension you can buy via an annuity when you retire (the lifestyle stage). Growth stage: During the early years of your investment, the fund aims to provide long-term capital growth by investing wholly in our Universal Balanced Collection (UBC). The UBC holds a diversified portfolio. It currently invests 65% in our Balanced Passive fund, managed by BlackRock, 20% in our External Balanced Collection (EBC) and 15% in the Kames Asset Allocator fund. The Balanced Passive fund is passively managed, so it aims to broadly match the performance of the Association of British Insurers (ABI) Mixed Investment 40%-85% Shares sector average. However, its performance may not always precisely track the average. The EBC is a collection of five different actively managed funds, currently managed by Baillie Gifford, BlackRock, GLG Partners, Newton and UBS Global Asset Management. Actively managed funds aim to outperform by having a bias towards those investments they think will perform best. The Kames Asset Allocator fund invests predominantly in passively managed funds but the asset allocation is actively managed. Lifestyle stage: The lifestyle stage starts six years before the start of your target retirement year and recognises that your priorities may change as retirement approaches. It assumes you’ll buy an annuity, to provide yourself with an income when you retire. We’ll start switching your investment into our Long Gilt fund, with the aim of giving you more certainty about the level of annuity you’ll be able to buy when you retire. We’ll also move some of your pension pot into our Cash fund in the final year of your investment to cater for your tax-free cash entitlement which, based on current legislation, is 25% of your pension pot.
Benchmark
  • ABI Balanced Managed SA
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
14.1%
1 Year rank in sector
157/795
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£8,238m (£6,998m 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.
73
Bid price
199.1766
Offer price
209.6596
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn23.5%
Scot Eq Sequel Adventurous Pn21.4%
Scot Eq Sequel Adven Jrny Pn21.4%
Scot Eq Ext Bal Coll (ex MLC) Pn20.5%
Scot Eq Caerus Pfl DRP 4 Pn20.3%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK28.3%
    Money Market25.5%
    International16.3%
    North America13.6%
    Europe11.5%
  • No data available.
  • UK Large Cap Companies17.3%
    Others15.8%
    North American Equities14.6%
    European Large Cap Equity9.8%
    Money Market7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%1.2%11.3%14.1%24.5%47.9%
Sector-0.1%-0.6%8.2%11%21.8%47.9%
Rank within sector381 / 913170 / 912120 / 894157 / 795198 / 692332 / 595
Quartile2nd1st1st1st2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund14.1%1.7%5.2%12.6%8.5%
Sector10.7%2.2%5.7%13.1%9.9%
Rank within sector138 / 800446 / 753337 / 692426 / 661470 / 596
Quartile1st3rd2nd3rd4th
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.
-0.13
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.
1.11
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.
0.44
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%.
8.04
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.
1.78
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.
0.29
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.
0.96
Price movement
52 week high205.48
52 week low161.14
Current bid price199.18
Current offer price209.66
Current mid price-
Region
1UK28.3%
2Money Market25.5%
3International16.3%
4North America13.6%
5Europe11.5%
6Asia Pacific ex Japan4%
7Global Emerging Markets0.7%
8Not Specified0.1%
Industry sector
No data available.
Asset type
1UK Large Cap Companies17.31%
2Others15.8%
3North American Equities14.56%
4European Large Cap Equity9.76%
5Money Market6.96%
6Japanese Equities4.54%
7North American Fixed Interest4.45%
8UK Mid Cap Companies4.41%
9Asia Pacific ex Japan Equities4.14%
Individual holdings
1SE BALANCED PASSIVE PEN66.8%
2SCOT EQ BALANCED PASSIVE PN18.9%
3KAMES ASSET ALLOCATOR14.4%
Management
Fund manager group
Scottish Equitable
Fund manager company
Aegon/Scottish Equitable plc
Fund type
Pension Fund
Fund objective
The Universal Lifestyle Collection uses a two-stage investment process called lifestyling. It aims to perform better than its benchmark in the early years (the growth stage), and give you more certainty about the amount of pension you can buy via an annuity when you retire (the lifestyle stage). Growth stage: During the early years of your investment, the fund aims to provide long-term capital growth by investing wholly in our Universal Balanced Collection (UBC). The UBC holds a diversified portfolio. It currently invests 65% in our Balanced Passive fund, managed by BlackRock, 20% in our External Balanced Collection (EBC) and 15% in the Kames Asset Allocator fund. The Balanced Passive fund is passively managed, so it aims to broadly match the performance of the Association of British Insurers (ABI) Mixed Investment 40%-85% Shares sector average. However, its performance may not always precisely track the average. The EBC is a collection of five different actively managed funds, currently managed by Baillie Gifford, BlackRock, GLG Partners, Newton and UBS Global Asset Management. Actively managed funds aim to outperform by having a bias towards those investments they think will perform best. The Kames Asset Allocator fund invests predominantly in passively managed funds but the asset allocation is actively managed. Lifestyle stage: The lifestyle stage starts six years before the start of your target retirement year and recognises that your priorities may change as retirement approaches. It assumes you’ll buy an annuity, to provide yourself with an income when you retire. We’ll start switching your investment into our Long Gilt fund, with the aim of giving you more certainty about the level of annuity you’ll be able to buy when you retire. We’ll also move some of your pension pot into our Cash fund in the final year of your investment to cater for your tax-free cash entitlement which, based on current legislation, is 25% of your pension pot.
Benchmark
  • ABI Balanced Managed SA
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 Universal Lifestyle Collection 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 price199.1766
Offer price209.6596
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeBW24
Scot Eq Universal Lifestyle Collection Pn (ARC)
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.1%
Bid price-
Offer price-
Mid price149.9742
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code00MV
Scot Eq Universal Lifestyle Collection 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 price199.4824
Offer price199.4824
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeBW23
Data provided by

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