Fact sheet: CF Canlife UK Eq & Bd Inc

Fund information
Fund name
CF Canlife UK Equity and Bond Income C Acc GBP
Fund manager company
CF Canada Life Investments
Fund type
OEIC
Fund managers
  • Craig Rippesince 01/03/2004
  • Eugene O'Neillsince 01/01/2015
Fund objective
The fund aims to secure an above-average income consistent with moderate long-term capital growth. The fund seeks to deliver an income target of 120% of the yield on the FTSE All Share index by mainly investing in a mixture of UK equities and fixed income securities.
Benchmark
  • FTSE All Share
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
3.8%
1 Year rank in sector
23/28
Sector
UT UK Equity & Bond Income
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.
0.84%
Fund size
£106m (£119m 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.
71
Mid price
1708.35
Top in this sector
Fund name1 Year
First Arrow Diversified20.8%
S&W Millbank Veracruz20.6%
S&W Millbank Brooklyn19.6%
S&W Millbank Blackwall13.4%
Thesis The Ambrose11.5%
...more in UT UK Equity & Bond Income

Performance snapshot

Holdings snapshot

  • UK98%
    Money Market2%
  • Corporate Bonds22.1%
    Non-Cyclical Consumer Goods16.7%
    Financials16.1%
    Cyclical Services12%
    Others10.5%
  • UK Equities74.1%
    UK Fixed Interest23.9%
    Money Market2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-2.3%5%3.8%18.9%51.7%
Sector-1.6%-0.4%7.4%7.3%17.9%50.2%
Rank within sector10 / 2823 / 2924 / 2923 / 2811 / 2514 / 24
Quartile2nd4th4th4th2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund3.7%8.8%4.3%18%7.8%
Sector8.2%2.7%5.5%15.5%10.3%
Rank within sector24 / 281 / 2614 / 2510 / 2419 / 24
Quartile4th1st3rd2nd4th
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.
1.08
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.
0.36
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%.
7.97
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.
2.14
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.
0.37
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.
0.93
Price movement
52 week high1800.28
52 week low1479.32
Current bid price-
Current offer price-
Current mid price1708.35
Region
1UK98%
2Money Market2%
Industry sector
1Corporate Bonds22.05%
2Non-Cyclical Consumer Goods16.66%
3Financials16.07%
4Cyclical Services11.96%
5Others10.49%
6Basic Industries6.96%
7Utilities5.29%
8Resources4.41%
9Non-Cyclical Consumer Services4.12%
Asset type
1UK Equities74.1%
2UK Fixed Interest23.9%
3Money Market2%
Individual holdings
1HSBC HLDGS5.6%
2BP4.5%
3IMPERIAL BRANDS PLC3.7%
4BRITISH AMERICAN TOBACCO3.2%
5BT GROUP2.9%
6ASTRAZENECA PLC2.6%
7SHIRE PLC2.5%
8ASHTEAD GROUP2.1%
9BAE SYSTEMS2.1%
Management
Fund manager group
Canada Life Investments
Fund manager company
CF Canada Life Investments
Fund type
OEIC
Fund objective
The fund aims to secure an above-average income consistent with moderate long-term capital growth. The fund seeks to deliver an income target of 120% of the yield on the FTSE All Share index by mainly investing in a mixture of UK equities and fixed income securities.
Benchmark
  • FTSE All Share
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Craig Rippe01/03/2004Craig joined Canada Life Investments in March 2004 and was appointed Head of UK Equities in March 2010. He previously managed income funds at Govett Investment Management Limited and prior to that worked at Deloitte Touche. Craig has a BSc in Mathematics from Warwick University. He is a Chartered Accountant and a CFA charterholder.
Eugene O'Neill01/01/2015Eugene joined Canada Life Investments in August 2010, having previously worked for Depfa Bank Plc in its Balance Sheet Management team in Dublin. Eugene holds a BSc in Financial Mathematics and Economics from National University of Ireland, Galway and an MSc in Financial Mathematics from King's College London. He is a CFA charterholder.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
CF Canlife UK Equity and Bond Income B Acc GBP
Initial charge4.75%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price1688.85
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCD03
CF Canlife UK Equity and Bond Income B Inc GBP
Initial charge4.75%
Annual charge1%
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.09%
Total expense ratio (TER)1.07%
Bid price-
Offer price-
Mid price237.13
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCD04
CF Canlife UK Equity and Bond Income C Acc GBP
Initial charge4.75%
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price1708.35
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YMB
CF Canlife UK Equity and Bond Income C Inc GBP
Initial charge4.75%
Annual charge0.75%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.84%
Total expense ratio (TER)0.82%
Bid price-
Offer price-
Mid price240.59
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0YMA
Data provided by

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