Fact sheet: Securities Trust Of Scotland

Fund information
Fund name
Securities Trust Of Scotland
Fund manager company
Martin Currie Investment Manag
Fund type
Investment Trust
Fund managers
  • Mark Whiteheadsince 10/05/2016
Fund objective
To achieve rising income and long-term capital growth by investment in global equities.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
25%
1 Year rank in sector
3/9
Sector
IT Global Equity Income
Yield
3.8%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1%
Fund size
£173m
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.
100
Mid price
154.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
164.63
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-4.63
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
109
Top in this sector
Fund name1 Year
Murray Intl Tst PLC38.9%
Scottish Am Inv Co PLC25.4%
Securities Trust Of Scotland25%
Hndrsn Intl Inc Tst plc19.6%
Seneca Gbl Inc & Gth Tst15.6%
...more in IT Global Equity Income

Performance snapshot

Holdings snapshot

  • North America56.2%
    Europe32.6%
    Asia Pacific ex Japan9.3%
    Global Emerging Markets7.1%
    Money Market6.5%
  • Industrials17.5%
    Financials13%
    Consumer Staples11.7%
    Health Care10.4%
    Energy9.4%
  • North American Equities56.2%
    European Equities32.6%
    Asia Pacific ex Japan Equities9.3%
    Global Emerging Market Equities7.1%
    Money Market6.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%3.1%17.9%25%18%68.3%
Sector0%3.2%15.1%18.9%25.3%77.7%
Rank within sector7 / 96 / 94 / 93 / 97 / 98 / 9
Quartile4th3rd2nd2nd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund25.1%-5.4%0.8%19.4%14.8%
Sector19.8%1.7%2.4%23.2%16%
Rank within sector2 / 98 / 98 / 96 / 96 / 9
Quartile1st4th4th3rd3rd
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.
-0.44
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.
0.85
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.
0.15
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%.
12.48
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.
10.27
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.
-0.19
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.
0.31
Price movement
52 week high159.75
52 week low119.63
Current bid price154.5
Current offer price155.5
Current mid price154.5
Region
1North America56.2%
2Europe32.6%
3Asia Pacific ex Japan9.3%
4Global Emerging Markets7.1%
5Money Market6.5%
6Japan2%
7Not Specified-13.7%
Industry sector
1Industrials17.5%
2Financials13%
3Consumer Staples11.7%
4Health Care10.4%
5Energy9.4%
6Consumer Discretionary9.2%
7Telecommunications8.4%
8Real Estate8.3%
9Information Technology8.1%
Asset type
1North American Equities56.2%
2European Equities32.6%
3Asia Pacific ex Japan Equities9.3%
4Global Emerging Market Equities7.1%
5Money Market6.5%
6Japanese Equities2%
7International Equities-13.7%
Individual holdings
1CHEVRON CORP3.8%
2UNITED PARCEL SERVICE INC3.5%
3ROCHE HLDG AG3.4%
4TIME WARNER CABLE INC3.4%
5CATERPILLAR INC3.3%
6PHILIP MORRIS INTERNATIONAL INC3.3%
7APPLE INC3.2%
8MERCK SA3.2%
9WASTE MANAGEMENT INC3.1%
Management
Fund manager group
Martin Currie
Fund manager company
Martin Currie Investment Manag
Fund type
Investment Trust
Fund objective
To achieve rising income and long-term capital growth by investment in global equities.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Mark Whitehead10/05/2016Mark joined Martin Currie as Head of Income in November 2015. He manages the Securities Trust of Scotland, an investment trust with a global equity-income remit, and co-manages the Martin Currie Global Equity strategy. Previously, Mark worked at Sarasin & Partners where he constructed and managed a range of income, balanced, growth, and absolute return portfolios; he became Lead Manager for their thematic funds in the Global Dividend Range in 2007, and latterly was appointed Head of Equity Income from 2010. Before Sarasin & Partners, he was a portfolio manager at stockbroker Capel Cure Sharp. Mark started his investment career at NatWest Stockbrokers in 1998 and is a member of the Chartered Institute for Securities & Investment (CISI).
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Securities Trust Of Scotland
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price164.31
CurrencyGBX
Price updated30/11/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNJES
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.