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Scottish Life: A division of Royal London

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Scottish Life Europe Core Pension fund (BGI European Equity Index)

Quarter 3 2008

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Fund Information

Fund Details

Benchmark FTSE Europe ex UK TR GBP 
Launch Date 31st May 2002
Fund Size £4.37m
Currency Sterling
ABI UK pension fund sector Europe Ex UK Equities
Fund Manager Team, Barclays Global Investors
Annual management charge 1.15%
Aim

The fund aims to produce investment returns within 1% of the FTSE Europe (ex UK) Index.


External Matrix Fund Description

The fund invests in unit linked collective investment funds with a passive management style. Depending on underlying market conditions the fund's annualised performance will track within 1% of the FTSE Europe (ex UK) Index measured on a rolling 3 year basis.


Underlying Fund Description

The manager will aim to invest in the same companies (with the same proportions) as the benchmark. This means the fund will invest in the shares of many leading European companies and a number of the smaller companies offering opportunities for growth in the future. The fund holds stocks from a variety of countries and industries, and aims to reduce the risks to the investor by matching the index.


Source: Royal London Asset Management, as at 30th September 2008.
Performance
Holdings
Market Commentary

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© Scottish Life, St Andrew House, 1 Thistle Street, Edinburgh, EH2 1DG.
Scottish Life is a division of Royal London and markets products produced by Royal London. Royal London consists of The Royal London Mutual Insurance Society Limited and its subsidiaries. The Royal London Mutual Insurance Society Limited provides life and pension products, is a member of the Association of British Insurers and is authorised and regulated by the Financial Services Authority, registration number 117672. Royal London Marketing Limited acts as an insurance intermediary for general insurance products and is authorised and regulated by the Financial Services Authority, registration number 302391.