Fact sheet: CF Canlife Gbl Hi Yield Bd

Fund information
Fund name
CF Canlife Global High Yield Bond C Acc
Fund manager company
CF Canada Life Investments
Fund type
OEIC
Fund managers
  • Norman P. Bouchersince 17/09/2013
  • Kevin F Murphysince 17/09/2013
  • Paul Scanlonsince 17/09/2013
  • Yannick Aronsince 17/09/2013
Fund objective
The fund aims to achieve high current income with some capital growth. The CF Canlife Global High Yield Bond Fund is a feeder fund which permanently invests at least 85% of its asset value in the units of the Putnam Global High Yield Bond Fund (master fund). Holdings data is the master fund.
Benchmark
  • Bank of America Merrill Lynch Global High Yield Investment Grade Country Constrained Index GBP Hedge
Investment style
High Yield
Investment method
Feeder fund, Fixed Interest
Quick stats
1 Year return
8.5%
1 Year rank in sector
28/67
Sector
UT Global Bonds
Yield
-
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.
1.2%
Fund size
£36m (£31m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
42
Mid price
110.41
Top in this sector
Fund name1 Year
M&G Global gvt bnd27.9%
Threadneedle EurpHdBd24.3%
Aberdeen World Gov Bd23.9%
Threadneedle Eurpn CrpBd23.4%
BlackRock Osea GovBdTrk23.2%
...more in UT Global Bonds

Performance snapshot

Holdings snapshot

  • North America77.4%
    Europe19%
    Money Market2.6%
    Latin America0.9%
    Asia Pacific0.1%
  • Cyclical Consumer Goods17.3%
    Telecommunications Utilities16.9%
    Basic Materials12.1%
    Financials11%
    Energy10.6%
  • North American Fixed Interest77.4%
    European Fixed Interest19%
    Money Market2.6%
    American Emerging Fixed Interest0.9%
    Asia Pacific Fixed Interest0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%0.5%5.5%8.5%7.3%38.8%
Sector-3.8%-1.9%5.3%11.2%13.1%19.2%
Rank within sector5 / 689 / 6929 / 6928 / 6741 / 5711 / 47
Quartile1st1st2nd2nd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund11.5%-5%1%7.7%18%
Sector10.8%-1.3%3.8%-2%6.1%
Rank within sector26 / 6756 / 6149 / 584 / 554 / 47
Quartile2nd4th4th1st1st
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.
1.77
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.
0.13
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.
-0
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%.
6.03
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.
8.03
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.
-0.43
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.
0.02
Price movement
52 week high111.95
52 week low93.4
Current bid price-
Current offer price-
Current mid price110.41
Region
1North America77.43%
2Europe18.99%
3Money Market2.6%
4Latin America0.88%
5Asia Pacific0.1%
Industry sector
1Cyclical Consumer Goods17.3%
2Telecommunications Utilities16.9%
3Basic Materials12.1%
4Financials11%
5Energy10.6%
6Health Care8.5%
7Capital Goods7.3%
8Consumer Staples5%
9Technology4.2%
Asset type
1North American Fixed Interest77.43%
2European Fixed Interest18.99%
3Money Market2.6%
4American Emerging Fixed Interest0.88%
5Asia Pacific Fixed Interest0.1%
Individual holdings
No data available.
Management
Fund manager group
Canada Life Investments
Fund manager company
CF Canada Life Investments
Fund type
OEIC
Fund objective
The fund aims to achieve high current income with some capital growth. The CF Canlife Global High Yield Bond Fund is a feeder fund which permanently invests at least 85% of its asset value in the units of the Putnam Global High Yield Bond Fund (master fund). Holdings data is the master fund.
Benchmark
  • Bank of America Merrill Lynch Global High Yield Investment Grade Country Constrained Index GBP Hedge
Investment style
High Yield
Investment method
Feeder fund, Fixed Interest
Fund managers
NameSinceBiography
Norman P. Boucher17/09/2013Norman P. Boucher is responsible for managing the cyclical part of Putnam’s high-yield portfolios. He joined Putnam as an Analyst covering the automotive, aerospace, and technology sectors. He served as a Portfolio Manager on the U.S. High Yield group before moving to Putnam’s London office to manage European high-yield portfolios. He rejoined the U.S. High Yield team in 2005. Norman joined Putnam in 1998 and has been in the investment industry since 1985.
Kevin F Murphy17/09/2013Kevin is responsible for developing investment strategies for investment-grade corporate and emerging-market sovereign credit used in institutional and mutual fund portfolios. Kevin joined Putnam in 1999 and has been in the investment industry since 1988.
Paul Scanlon17/09/2013Paul D. Scanlon joined Putnam in 1999. He is Co-Head of Fixed Income and has been in the investment industry since 1986. Paul is a CFA charterholder.
Yannick Aron17/09/2013Yannick Aron is a Portfolio Manager, responsible for managing European High Yield institutional portfolios and as well as the European segment of Global High Yield mutual funds and institutional mandates. Previously, Yannick was a risk manager and quantitative analyst on the European High Yield team with responsibility for all valuation and relative value trading tools, as well as risk management monitoring. Yannick has been in the investment industry since 1996.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
CF Canlife Global High Yield Bond B Acc
Initial charge4.75%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price109.72
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJM3U
CF Canlife Global High Yield Bond B Inc
Initial charge4.75%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.45%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.61
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJM3V
CF Canlife Global High Yield Bond C Acc
Initial charge4.75%
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price110.41
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJM3W
CF Canlife Global High Yield Bond C Inc
Initial charge4.75%
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price97.71
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeJM3X
Data provided by

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