Fact sheet: CF Canlife UK Eq Income

Fund information
Fund name
CF Canlife UK Equity Income C Acc GBP
Fund manager company
CF Canada Life Investments
Fund type
OEIC
Fund managers
  • Craig Rippesince 01/03/2004
  • Eugene O'Neillsince 01/12/2013
Fund objective
The fund aims to provide a half-yearly income and some capital growth mainly from investment in shares, quoted on UK markets, providing an above-average yield. The fund seeks to deliver an income of at least 110% of the yield of the FTSE All Share index.
Benchmark
  • FTSE AllSh
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
4.1%
1 Year rank in sector
67/88
Sector
UT UK Equity 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
£168m (£130m 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.
86
Mid price
510.59
Top in this sector
Fund name1 Year
UBS UK Equity Income36.5%
Scot Wid Fdmtl Index UK Equity25.5%
SJP UK Growth22.2%
Schroder Income Maximiser19.7%
Jupiter Income Trust19.2%
...more in UT UK Equity Income

Performance snapshot

Holdings snapshot

  • UK100%
  • Non-Cyclical Consumer Goods22.1%
    Financials20.9%
    Cyclical Services16.1%
    Others10%
    Basic Industries8.2%
  • UK Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%-3.2%4.1%4.1%21%55.7%
Sector1.5%-1%6.1%7.3%18.4%62.2%
Rank within sector67 / 9374 / 9261 / 9267 / 8840 / 7957 / 74
Quartile3rd4th3rd4th3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund2.3%10.9%3.3%21.4%8.6%
Sector6.1%4.9%2.8%24.8%13.5%
Rank within sector70 / 8815 / 8343 / 8054 / 7669 / 75
Quartile4th1st3rd3rd4th
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.
0.79
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.
1.01
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.
0.31
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%.
9.26
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.
2.52
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.
0.33
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 high539.72
52 week low439.21
Current bid price-
Current offer price-
Current mid price510.59
Region
1UK100%
Industry sector
1Non-Cyclical Consumer Goods22.1%
2Financials20.9%
3Cyclical Services16.1%
4Others10%
5Basic Industries8.2%
6Utilities7.1%
7Non-Cyclical Consumer Services5.3%
8Resources5.2%
9Cyclical Consumer Goods5.1%
Asset type
1UK Equities100%
Individual holdings
1HSBC HLDGS6.7%
2BP5.2%
3IMPERIAL BRANDS PLC4.6%
4BRITISH AMERICAN TOBACCO4.3%
5BT GROUP3.9%
6ASTRAZENECA PLC3.6%
7SHIRE PLC3%
8ASHTEAD GROUP2.8%
9BAE SYSTEMS2.7%
Management
Fund manager group
Canada Life Investments
Fund manager company
CF Canada Life Investments
Fund type
OEIC
Fund objective
The fund aims to provide a half-yearly income and some capital growth mainly from investment in shares, quoted on UK markets, providing an above-average yield. The fund seeks to deliver an income of at least 110% of the yield of the FTSE All Share index.
Benchmark
  • FTSE AllSh
Investment style
Growth
Investment method
Shares
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'Neill01/12/2013Eugene 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 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)1.2%
Bid price-
Offer price-
Mid price503.75
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YM5
CF Canlife UK Equity 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)1.2%
Bid price-
Offer price-
Mid price421.99
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMU04
CF Canlife UK Equity 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)0.95%
Bid price-
Offer price-
Mid price510.59
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YM7
CF Canlife UK Equity 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)0.95%
Bid price-
Offer price-
Mid price427.96
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0YM6
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.