Fact sheet: Aberdeen Liquidity (L) CAD

Fund information
Fund name
Aberdeen Liquidity (Lux) Canadian Dollar L1
Fund manager company
Aberdeen Global Services S.A.
Fund type
Offshore Fund
Fund managers
  • Money Markets Teamsince 22/07/1990
Fund objective
The Fund's investment objective is to preserve capital and a stable value whilst maintaining high liquidity and achieving returns. To achieve this objective, the assets of the Fund are invested with the principle of risk diversification predominantly in Canadian Dollar denominated Money Market Instruments and in deposits with credit institutions, including but not limited to, fixed-term deposits at financial institutions, certificates of deposit, commercial paper, medium-term notes, short-term treasury bills and call and notice accounts. Cash and cash equivalents may be held on an ancillary basis. The Fund is intended to be managed as a short-term money market fund as defined by CESR and/or ESMA from time to time. In addition, the Investment Manager will seek to obtain and maintain an AAAm or equivalent rating assigned by at least one ratings agency.
Benchmark
  • Bank of Canada Overnight Lending Rate
Investment style
Liquidity
Investment method
None
Quick stats
1 Year return
0.3%
1 Year rank in sector
-
Sector
FO Currency - Other
Yield
0%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.1%
Fund size
£88m (£97m last year)
Top in this sector
Fund name1 Year
UBS (L)MnMk-AUD1.5%
JPM Liq AUD Liq1.5%
FF AusDoCa1.2%
Nomura C100.8%
Fidelity Inst Liquidity CAD0.4%
...more in FO Currency - Other

Performance snapshot

Holdings snapshot

  • Canada60.6%
    UK12.1%
    France9%
    USA7%
    Finland4.5%
  • Financials43.1%
    Government Bonds40.7%
    Others12.5%
    Industrials3.7%
  • Canadian Government Fixed Interest40.7%
    Money Market32.4%
    Canadian Corporate Fixed Interest14.3%
    US Corporate Fixed Interest7%
    Cash & Cash Equivalents3.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.3%0.3%1.2%2.6%
Sector-0.3%-0.3%-0.3%0.1%-0.4%0.4%
Rank within sector4 / 234 / 236 / 23---
Quartile1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector-0.1%-0.7%0.3%-0.4%1.5%
Rank within sector-----
Quartile
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
0.39
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
-0.01
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
-
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
0.06
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
0.62
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.86
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.01
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1Canada60.58%
2UK12.05%
3France9.04%
4USA6.98%
5Finland4.52%
6Luxembourg4.52%
7Norway2.31%
Industry sector
1Financials43.08%
2Government Bonds40.72%
3Others12.53%
4Industrials3.66%
Asset type
1Canadian Government Fixed Interest40.72%
2Money Market32.41%
3Canadian Corporate Fixed Interest14.29%
4US Corporate Fixed Interest6.98%
5Cash & Cash Equivalents3.3%
6Norwegian Corporate Fixed Interest2.31%
Individual holdings
No data available.
Management
Fund manager group
Aberdeen
Fund manager company
Aberdeen Global Services S.A.
Fund type
Offshore Fund
Fund objective
The Fund's investment objective is to preserve capital and a stable value whilst maintaining high liquidity and achieving returns. To achieve this objective, the assets of the Fund are invested with the principle of risk diversification predominantly in Canadian Dollar denominated Money Market Instruments and in deposits with credit institutions, including but not limited to, fixed-term deposits at financial institutions, certificates of deposit, commercial paper, medium-term notes, short-term treasury bills and call and notice accounts. Cash and cash equivalents may be held on an ancillary basis. The Fund is intended to be managed as a short-term money market fund as defined by CESR and/or ESMA from time to time. In addition, the Investment Manager will seek to obtain and maintain an AAAm or equivalent rating assigned by at least one ratings agency.
Benchmark
  • Bank of Canada Overnight Lending Rate
Investment style
Liquidity
Investment method
None
Fund managers
NameSinceBiography
Money Markets Team22/07/1990
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Switzerland, Germany, Spain, Finland, France, United Kingdom, Gibraltar, Hungary, Ireland, Italy, Jersey, Liechtenstein, Luxembourg, Offshore, Singapore, Sweden
Aberdeen Liquidity (Lux) Canadian Dollar A2
Initial charge3%
Annual charge0.4%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.49%
Total expense ratio (TER)0.25%
Bid price-
Offer price-
Mid price2244.3594
CurrencyCAD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCP66
Aberdeen Liquidity (Lux) Canadian Dollar I2
Initial charge3%
Annual charge0.2%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1136.4297
CurrencyCAD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeQ781
Aberdeen Liquidity (Lux) Canadian Dollar L1
Initial charge3%
Annual charge0.1%
Min single investment£75,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1
CurrencyCAD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8LZ
Data provided by

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