Pensions Investments Protection
For customers
The Scottish Equitable Threadneedle
UK Equity Income fund
Introducing the new Scottish Equitable Threadneedle UK Equity Income fund.
Fund objective
The fund aims to achieve an above-average rate of income combined with capital growth by investing primarily in UK equities.
From time to time the fund may also invest in other securities such as convertibles and gilts.
Reasons to invest Key information
n Y
ou want a core, UK equity fund with The table below shows the key fund information.
a bias towards larger UK companies.
Y
n ou believe a fund underpinned by a Fund name Scottish Equitable Threadneedle
strong and relatively high income stream UK Equity Income fund
will deliver higher long-term returns than
a fund solely focused on growth. Launch date 29 June 2009
Y
n ou’ve at least five years to invest and
are looking for good long-term growth Benchmark FTSE All-Share Index
on the understanding that the fund may
be more volatile over the short term.
Sector ABI UK Equity Income pension sector
I
n t’s managed by Threadneedle’s Head of
UK Equities, Leigh Harrison, who has over
25 years’ investment experience. Risk rating* Above average
T
n he fund has a clear investment process
that helps ensure consistency of returns. Charges** The current additional disclosable yearly
charges/expenses are 0.80%
*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. Benefits aren’t guaranteed and the value of investments
may go down as well as up.
**We reserve the right to vary the additional charges.
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Pensions Investments Protection
Asset allocation
The asset allocation (in this case, we mean the split between different industries) at 30 September 2009 was:
Oil & Gas 19.1% Consumer goods 6.3%
Financials 18.5% Telecommunications 5.3%
Industrials 14.1% Technology 2.4%
Healthcare 11.6% Utilities 1.2%
Basic materials 10.1% Cash 2.6%
Consumer services 8.8%
Top 10 holdings
The top 10 holdings as at 30 September 2009 were:
BP 5.8% Rio Tinto 3.8%
GlaxoSmithKline 5.7% AstraZeneca 3.6%
HSBC 5.4% Royal Dutch Shell 3.0%
Vodafone 5.3% Tullow Oil 3.0%
BG Group 4.7% British American Tobacco 2.9%
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Pensions Investments Protection
Performance
This fund is quite new to our range so we can’t give you performance figures yet, but Threadneedle has been running the underlying
fund for its own customers for some time now and its performance to 30 September 2009 was:
30/09/08 — 30/09/07 — 30/09/06 — 30/09/05 — 30/09/04 —
30/09/09 (%) 30/09/08 (%) 30/09/07 (%) 30/09/06 (%) 30/09/05 (%)
Threadneedle UK 12.8 -19.8 10.9 13.9 23.1
Equity Income fund
FTSE All-Share 10.8 -22.3 12.2 14.7 24.9
Source: Lipper. Produced using Hindsight 5. Figures in £s on a bid-to-bid basis, with gross income reinvested to 30 September 2009.
Past performance is no guarantee of future performance and the value of investments can go down as well as up.
The above information is purely factual and shouldn’t be relied upon in isolation for decision-making purposes.
Please bear in mind that charges will be different for the Scottish Equitable Threadneedle UK Equity Income fund so the above
data is for information only.
About Threadneedle
Threadneedle is an international asset manager offering a range of investment funds.
Founded in 1994 and headquartered in London, Threadneedle is fully owned by Ameriprise Financial, a publicly quoted investment
company listed on the NYSE.
Threadneedle has grown steadily to become one of the largest fund managers in the UK with more than $67 billion of assets under
management as at 31 March 2009. It also has a broad presence in Europe with offices in 10 countries.
Its reputation has been built on consistently strong long-term performance.
With a team of over 100 investment professionals, Threadneedle’s expertise covers equities, bonds and alternative investments.
Who can invest?
This fund is available to most AEGON Scottish Equitable pension planholders.
For more information, please speak to your financial adviser.
Scottish Equitable plc, Registered Office: Edinburgh Park, Edinburgh EH12 9SE.
Registered in Scotland (No. 144517). Authorised and regulated by the Financial
Services Authority. Member of the AEGON Group. www.aegonse.co.uk AEGON is proud to be the
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