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Contact details

Saltire Court, 20 Castle Terrace, Edinburgh, EH1 2ES
44 (0) 131 228 5959 (Fax Number)
44 (0) 131 229 5252 (Main Number)

Fund managers

* Alan Porter»01-Aug-2011 to Present
Ross Watson»28-Jun-2005 to 31-Jul-2011
Tom Maxwell»28-Jun-2005 to 30-Jun-2006

Investment objectives

To achieve rising income and long-term capital growth by investment in global equities.

Key Information

Fund vs sector

  1y 3y
Position 8 / 10 7 / 10
Quartile 4 3

Fund ratings

FE Crown Rating: 3 FE
Crown Rating


  1y 3y
Volatility 9.54 11.67
Alpha -2.51 0.04
Beta 0.99 0.95
Sharpe 0.00 0.78
InfoRatio -0.37 -0.11
R2 0.38 0.58
Quartiles:   1  2   3  4   help with ratios
vs. Global Equity Income»


performance chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
+1.2 +40.9 +85.6 +17.6 +18.3 +6.7 +23.5
  NAV +5.5+38.9+71.7+18.8 +10.8+2.4+20.6
  Global Equity Income +2.9+46.8+70.0+23.0+15.9-6.8+24.3
Share Price
 ShareTypePriceDatePrem/DiscDiluted NAVGearingDiv yield
EstimLast pub.NetGross
pdf SECURITIES TRUST OF SCOTLAND UNIT 142.25 (p) 24-Dec-2014 -1.19 143.96 143.79
110 3.37 3.37
Capital structure & income
Share Type Exchange Nominal value Issued Market value (m) Wind-up date Splits News
SECURITIES TRUST OF SCOTLAND UNIT LONDON 1 122,299,000 173.97 n/a n/a company announcements
Share identifiers: TIDM: STS; SEDOL: B09G3N2; ISIN: GB00B09G3N23
Detailed fund information
Fund type flag United Kingdom-registered Investment Trusts
Gross assets£193.1m / $300.2m
Sector Global Equity Income
Asset ClassEquity
Own ISA wrapper Fund has ISA Wrapper help with ISA
Savings plan Fund has no Savings Plan 
Annual accountsannual (Click to order)
Last report / accounts18-Nov-2014
Last AGM24-Jul-2014
Next AGM01-Aug-2014
Stockbroker(s)JPMorgan Cazenove
Management contractMartin Currie has been appointed as the manager and secretary of the company under investment management and secretarial agreement which is subject to six months notice of termination by either party. During the year ended 31 March 2013 the basic annual management fee of the trust was 0.6% of net assets per annum, payable quarterly.
Borrowing limitThe maximum permitted level is 15% throughout the year.
Continuation / Wind-up provisionn/a
Dividend policyn/a
Investment restrictionsn/a
Reconstruction proposaln/a
Settlement detailsn/a
Tax policyn/a
Peer groups
Region Asset Class Investment Focus Sector
Global Equity n/a Global Equity Income
Largest holdings, 30-Nov-2014
Holding (%) Rank Holding (%) Rank
Regional weightings, 30-Nov-2014
Region (%) Rank  
USA 42.65 1 42.65% USA
UK 20.01 2 20.01% UK
France 11.01 3 11.01% France
Switzerland 9.21 4 9.21% Switzerland
Germany 7.19 5 7.19% Germany
Australia 3.29 6 3.29% Australia
Japan 2.76 7 2.76% Japan
Canada 2.60 8 2.60% Canada
Sweden 2.12 9 2.12% Sweden
Mexico 1.87 10 1.87% Mexico
Singapore 1.63 11 1.63% Singapore
Hong Kong 1.32 12 1.32% Hong Kong
Thailand 1.18 13 1.18% Thailand
Cash & Cash Equivalents -6.84 14 -6.84% Cash & Cash Equivalents
Sector weightings, 30-Nov-2014
Sector (%) Rank  
Consumer Goods 18.13 1 18.13% Consumer Goods
Health Care 17.44 2 17.44% Health Care
Financials 15.94 3 15.94% Financials
Consumer Services 13.01 4 13.01% Consumer Services
Oil & Gas 11.82 5 11.82% Oil & Gas
Industrials 8.94 6 8.94% Industrials
Telecommunications 8.76 7 8.76% Telecommunications
Basic Materials 6.47 8 6.47% Basic Materials
Utilities 5.14 9 5.14% Utilities
Technology 1.18 10 1.18% Technology
Money Market -6.84 11 -6.84% Money Market

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated using closing mid prices and with net income (dividends) reinvested. NAV total return performance figures are calculated using fully diluted (where applicable) daily estimated NAV figures from Thomson Financial Datastream and with gross income (dividends) reinvested.

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Tom O Oct 21st, 2013 at 09:56 AM

This is a trust to watch. It could be great long-term.

jaffa Oct 12th, 2013 at 01:16 AM

Are any other shareholders concerned at the volume of new issues diluting our existing shareholdings?

pop64 Aug 04th, 2012 at 01:37 PM

Thanks to the board’s decision some 18 months ago to broaden the investment focus from a UK to a Global Growth & Income IT, long suffering STS shareholders have finally had some reward. Being that STS currently finds itself in the number one stop at the top of the Global Growth & Income IT sector on a one and three year total return view having over-hauled long time leader Murray International.


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GO UCITS ETF: Net Asset Value(s)

02:45 PM | 22-Dec-2014

Latest Fundswire  

Asset allocation

US Equities, 42.65%
42.6500% ofUS Equities
UK Equities, 20.01%
20.0100% ofUK Equities
French Equities, 11.01%
11.0100% ofFrench Equities
Swiss Equities, 9.21%
9.2100% ofSwiss Equities
German Equities, 7.19%
7.1900% ofGerman Equities
Australian Equities, 3.29%
3.2900% ofAustralian Equities
Japanese Equities, 2.76%
2.7600% ofJapanese Equities
Canadian Equities, 2.60%
2.6000% ofCanadian Equities
Swedish Equities, 2.12%
2.1200% ofSwedish Equities
Mexican Equities, 1.87%
1.8700% ofMexican Equities
Singapore Equities, 1.63%
1.6300% ofSingapore Equities
Hong Kong Equities, 1.32%
1.3200% ofHong Kong Equities
Thai Equities, 1.18%
1.1800% ofThai Equities
Cash & Cash Equivalents, -6.84%
-6.8400% ofCash & Cash Equivalents

Sector analysis


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