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Securities Trust Of Scotland

Contact details

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Saltire Court, 20 Castle Terrace, Edinburgh, EH1 2ES
0131 228 5959 (Fax Number)
0131 229 5252 (Main Number)
www.martincurrie.com
enquiries@martincurrie.com

Fund managers

* Ross Watson»28-Jun-2005 to Present
Tom Maxwell»28-Jun-2005 to 30-Jun-2006
* Primary manager


Investment objectives

To achieve rising income and long-term capital growth by investment in the UK.

Performance

performance chart
chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
+27.0 -12.9 +16.1 -17.9 -16.5 +8.8 +22.5
  NAV +26.0-16.9+10.7-18.4 -19.2+11.0+20.1
  UK Growth & Income +24.7-20.3+7.6-14.0-25.7+13.8+18.7
  FTSE ALL SHARE INDEX +22.5-4.1+24.0-10.3-12.7+9.5+18.1
Share Price
 ShareTypePriceDateDiscountDiluted NAVGearingDiv yield
EstimLast pub.NetGross
pdf SECURITIES TRUST OF SCOTLAND ORD 96.00 (p) 29-Jul-2010 -5.80 101.64 102.74
27-Jul-2010
114 4.9 4.9
Capital structure & income
Share Type Exchange Nominal value Issued Market value (m) Wind-up date Splits News
SECURITIES TRUST OF SCOTLAND ORD LONDON 1 100,777,000 96.49 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
Launched2005
Gross assets£116.4m / $181.8m
Sector UK Growth & Income
Asset ClassEquity
Own ISA wrapper Fund has ISA Wrapper help with ISA
Savings plan Fund has no Savings Plan 
PEP transferhas PEP Transfer
Annual accountsannual (Click to order)
Last report / accounts25-May-2010
Last AGM20-Jul-2010
Next AGMJuly 2011
EGM27-Jun-2005
Stockbroker(s)JPMorgan Cazenove
Management contractMartin Currie is entitled to receive a fee, payable quarterly in arrears, at the rate of 0.3% per annum of net assets.
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
United Kingdom Equity n/a UK Growth & Income
Largest holdings, 30-Jun-2010
Holding (%) Rank Prev Holding (%) Rank Prev
ROYAL DUTCH SHELL B ORD7.301(2)HSBC HLDGS4.206(7)
BRITISH AMERICAN TOBACCO6.502(3)ASTRAZENECA PLC4.007(8)
VODAFONE GROUP5.503(4)NEXT3.308(9)
BP5.404(1)NATIONAL GRID3.009(-)
GLAXOSMITHKLINE5.105(5)IMPERIAL TOBACCO GROUP3.0010(-)
 Total47.30 
Regional weightings, 30-Jun-2010
Region (%) Rank Prev  
UK 110.10 1 (1) 110.10% UK
Fixed Interest 3.80 2 (2) 3.80% Fixed Interest
Cash & Borrowings -13.90 3 (3) -13.90% Cash & Borrowings
Total100.00 
Sector weightings, 30-Jun-2010
Sector (%) Rank Prev  
Financials 26.78 1 (1) 26.78% Financials
Consumer Goods 14.88 2 (3) 14.88% Consumer Goods
Industrials 14.11 3 (4) 14.11% Industrials
Oil & Gas 14.00 4 (2) 14.00% Oil & Gas
Consumer Services 11.02 5 (5) 11.02% Consumer Services
Health Care 10.03 6 (6) 10.03% Health Care
Utilities 7.60 7 (8) 7.60% Utilities
Telecommunications 6.06 8 (9) 6.06% Telecommunications
Fixed Interest 3.80 9 (10) 3.80% Fixed Interest
Basic Materials 3.75 10 (7) 3.75% Basic Materials
Technology 1.87 11 (11) 1.87% Technology
Money Market -13.90 12 (12) -13.90% Money Market
Total100.00 


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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Ratios

  1y 3y
Volatility 17.31 24.89
Alpha -9.08 3.45
Beta 1.24 1.05
Sharpe 0.77 -0.03
Info Ratio -0.56 0.23
R2 0.75 0.84
Quartiles:   1  2   3  4   help with ratios
vs. UK Growth & Income»

Quartiles

  1y 3y
Position 13 / 25 17 / 24
Quartile 2 3

Fund ratings

FE Crown RatingFinancial Express
Crown Rating
(Quantitative)

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Asset allocation

UK Equities, 110.10%
110.1000% ofUK Equities
Fixed Interest, 3.80%
3.8000% ofFixed Interest
Money Market, -13.90%
-13.9000% ofMoney Market

Sector analysis

Charting

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