Nine new funds from JPMorgan Asset Management and Fidelity
AEGON Scottish Equitable and AEGON Scottish Equitable International are delighted to announce the launch of nine new sector funds for pensions and offshore investors, including:
- two emerging markets funds (including an emerging Europe fund)
- two European equity funds
- two fixed income funds
- a global equity fund
- a UK equity fund
- an Asian equity fund
The funds, managed by our existing investment partners JPMorgan Asset Management and Fidelity, add strength and depth to our sector and specialist funds and complement our strong managed fund range.
The new funds in brief
Read on to get the key facts about each of the new funds.
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This fund aims to provide long-term capital growth by investing primarily in the shares of European smaller companies. Smaller companies are less well researched than larger ones, which gives investors the opportunity to uncover market inefficiencies and generate returns.
Key details |
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Sector |
Pensions |
ABI Europe ex UK Equities pension sector |
Offshore |
Lipper UK Offshore Equity European Smaller Companies |
Launch date |
5 August 2008 |
Benchmark |
HSBC Smaller European Companies ex UK Total Return Net Index |
Risk rating |
Above average* |
Pension current additional disclosable yearly charges/expenses |
Pensions: 0.95% |
Offshore current disclosable yearly charge/expenses |
Series A 1.95%, Series B 1.35% |
*The risk rating for each fund is based on its risk relative to other funds in our full fund range. It’s not its risk against industry benchmarks. We regularly review the risk ratings, so they can change. |
This fund is currently available across all AEGON Scottish Equitable pension products (except stakeholder and Income for Life) and AEGON Scottish Equitable International products (except 5 for Life). It isn’t currently available to our onshore bond investors.
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This fund aims to achieve long-term capital growth by investing primarily in the shares of companies quoted or trading in South East Asia.
Key details |
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Sector |
Pensions |
ABI Asia Pacific ex Japan Equity pension sector |
Offshore |
Lipper UK Offshore Equity Far East (ex Japan) |
Launch date |
5 August 2008 |
Benchmark |
MSCI AC Far East ex Japan Net Index |
Risk rating |
Higher* |
Pension current additional disclosable yearly charges/expenses |
Pensions: 0.95% |
Offshore current disclosable yearly charge/expenses |
Series A 1.95%, Series B 1.35% |
*The risk rating for each fund is based on its risk relative to other funds in our full fund range. It’s not its risk against industry benchmarks. We regularly review the risk ratings, so they can change. |
This fund is currently available across all AEGON Scottish Equitable pension products (except stakeholder and Income for Life) and AEGON Scottish Equitable International products (except 5 for Life). It isn’t currently available to our onshore bond investors.
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This fund aims to achieve long-term capital growth by investing primarily in the shares of companies quoted or trading in countries where there’s an emerging market, or in closed-ended vehicles which invest primarily in such securities. The fund may also buy fixed interest securities.
Key details |
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Sector |
Pensions |
ABI Global Emerging Markets Equity pension sector |
Offshore |
Lipper UK Offshore Equity Global Emerging Markets |
Launch date |
5 August 2008 |
Benchmark |
MSCI Emerging Markets Net Index |
Risk rating |
Higher* |
Pension current additional disclosable yearly charges/expenses |
Pensions: 0.95% |
Offshore current disclosable yearly charge/expenses |
Series A 1.95%, Series B 1.35% |
*The risk rating for each fund is based on its risk relative to other funds in our full fund range. It’s not its risk against industry benchmarks. We regularly review the risk ratings, so they can change. |
This fund is currently available across all AEGON Scottish Equitable pension products (except stakeholder and Income for Life) and AEGON Scottish Equitable International products (except 5 for Life). It isn’t currently available to our onshore bond investors.
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This fund aims to provide income with the prospect of capital growth from investment anywhere in the world, in non-sterling denominated interest-bearing securities (foreign government and non-government bonds) in any economic sector. The fund is hedged back to sterling.
Key details |
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Sector |
Pensions |
ABI Global Fixed Interest pension sector |
Offshore |
Lipper UK Offshore Fixed Interest Global |
Launch date |
5 August 2008 |
Benchmark |
JPMorgan Global Bond Index ex UK hedged in GBP |
Risk rating |
Below average* |
Pension current additional disclosable yearly charges/expenses |
Pensions: 0.55% |
Offshore current disclosable yearly charge/expenses |
Series A 1.55%, Series B 0.95% |
*The risk rating for each fund is based on its risk relative to other funds in our full fund range. It’s not its risk against industry benchmarks. We regularly review the risk ratings, so they can change. |
This fund is currently available across all AEGON Scottish Equitable pension products (except stakeholder and Income for Life) and AEGON Scottish Equitable International products (except for 5 for Life). It isn’t currently available to our onshore bond investors.
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This fund aims to achieve long-term capital growth by investing primarily in shares of companies operating in or investing in central and eastern Europe and Russia. Eastern European markets tend to be inefficient and companies are often incorrectly valued. This fund aims to take advantage of these inefficiencies by assessing long-term valuation and investing accordingly.
Key details |
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Sector |
Pensions |
ABI Specialist pension sector |
Offshore |
Lipper UK Offshore Equity Eastern Europe |
Launch date |
5 August 2008 |
Benchmark |
MSCI Emerging Markets Europe Index |
Risk rating |
Higher* |
Pension current additional disclosable yearly charges/expenses |
Pensions: 0.95% |
Offshore current disclosable yearly charge/expenses |
Series A 1.95%, Series B 1.35% |
*The risk rating for each fund is based on its risk relative to other funds in our full fund range. It’s not its risk against industry benchmarks. We regularly review the risk ratings, so they can change. |
This fund is currently available across all AEGON Scottish Equitable pension products (except stakeholder and Income for Life) and AEGON Scottish Equitable International products (except for 5 for Life). It isn’t currently available to our onshore bond investors.
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This fund aims to achieve long-term capital growth by investing primarily in shares of companies operating in or investing in central and eastern Europe and Russia. Eastern European markets tend to be inefficient and companies are often incorrectly valued. This fund aims to take advantage of these inefficiencies by assessing long-term valuation and investing accordingly.
Key details |
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Sector |
Pensions |
ABI UK All Companies pension sector |
Offshore |
Lipper UK Offshore Equity UK |
Launch date |
8 August 2008 |
Benchmark |
FTSE All Share |
Risk rating |
Above average* |
Pension current additional disclosable yearly charges/expenses |
Pensions: 0.9% |
Offshore current disclosable yearly charge/expenses |
Series A 1.9%, Series B 1.3% |
*The risk rating for each fund is based on its risk relative to other funds in our full fund range. It’s not its risk against industry benchmarks. We regularly review the risk ratings, so they can change. |
This fund is currently available across all AEGON Scottish Equitable pension products (except stakeholder and Income for Life) and AEGON Scottish Equitable International products (except for 5 for Life). It isn’t currently available to our onshore bond investors.
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This fund aims to achieve long-term capital growth from a portfolio primarily made up of the shares of continental European companies. The portfolio is likely to have a bias towards medium-sized and smaller companies. However, the fund manager is free to select any company regardless of size, industry or location. The geographical split of the portfolio is largely determined by the availability of attractive investment opportunities rather than the outlook for each market.
Key details |
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Sector |
Pensions |
ABI Europe ex UK Equities pension sector |
Offshore |
Lipper UK Offshore Equity European ex UK |
Launch date |
8 August 2008 |
Benchmark |
FTSE World Europe ex UK index |
Risk rating |
Above average* |
Pension current additional disclosable yearly charges/expenses |
Pensions: 0.95% |
Offshore current disclosable yearly charge/expenses |
Series A 1.95%, Series B 1.35% |
*The risk rating for each fund is based on its risk relative to other funds in our full fund range. It’s not its risk against industry benchmarks. We regularly review the risk ratings, so they can change. |
This fund is currently available across all AEGON Scottish Equitable pension products (except stakeholder and Income for Life) and AEGON Scottish Equitable International products (except for 5 for Life). It isn’t currently available to our onshore bond investors.
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This fund aims to achieve a relatively high level of income from a portfolio invested in a combination of UK corporate and government bonds and other fixed income and money market securities, preference shares and convertibles.
Key details |
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Sector |
Pensions |
ABI Sterling Fixed Interest pension sector |
Offshore |
Lipper UK Offshore Fixed Interest GBP |
Launch date |
8 August 2008 |
Benchmark |
Composite 60% Merrill Lynch Euro Sterling Index/ 15% Merrill Lynch European Currency High Yield Constrained GBP Hedged Index/ 25% Merrill Lynch Sterling High Yield Index |
Risk rating |
Below average* |
Pension current additional disclosable yearly charges/expenses |
Pensions: 0.8% |
Offshore current disclosable yearly charge/expenses |
Series A 1.8%, Series B 1.2% |
*The risk rating for each fund is based on its risk relative to other funds in our full fund range. It’s not its risk against industry benchmarks. We regularly review the risk ratings, so they can change. |
This fund is currently available across all AEGON Scottish Equitable pension products (except stakeholder and Income for Life) and AEGON Scottish Equitable International products (except for 5 for Life). It isn’t currently available to our onshore bond investors.
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The fund aims to achieve long-term capital growth from a portfolio primarily invested in equities (shares) across the world’s stock markets. The manager is free to select any company regardless of size, industry or location. They’ll invest in a more limited number of companies, so the resulting portfolio will be less diversified and higher risk than a fund spreading its investment across a larger number of companies.
Key details |
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Sector |
Pensions |
ABI Global Equities pension sector |
Offshore |
Lipper UK Offshore Equity Global |
Launch date |
8 August 2008 |
Benchmark |
MSCI World TR USD index (NET UK tax) |
Risk rating |
Above average* |
Pension current additional disclosable yearly charges/expenses |
Pensions: 0.95% |
Offshore current disclosable yearly charge/expenses |
Series A 1.95%, Series B 1.35% |
*The risk rating for each fund is based on its risk relative to other funds in our full fund range. It’s not its risk against industry benchmarks. We regularly review the risk ratings, so they can change. |
This fund is currently available across all AEGON Scottish Equitable pension products (except stakeholder and Income for Life) and AEGON Scottish Equitable International products (except for 5 for Life). It isn’t currently available to our onshore bond investors.
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You can find out more about these funds and how your clients can
invest by calling your access account manager on 0845 61 000 61
or contacting your local AEGON Scottish Equitable branch.
