Fact sheet: Canlife BlkRkFdIncGlOps Pn

Fund information
Fund name
Canlife BlackRock Fixed Income Global Opportunities Pn PS4 Acc
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund managers
  • Brian Weinsteinsince 30/06/2009
  • Andrew Gordonsince 31/03/2007
Underlying fund
BlackRock Fixed Inc Gbl Opps
Fund objective
The aim of the BlackRock Fixed Income Global Opportunities Fund is to achieve a total return over the medium to long-term. The Fund invests primarily in fixed income transferable securities and money-market instruments denominated in various currencies issued by governments, agencies and companies worldwide. The full spectrum of available securities, including non-investment grade, may be utilised. Currency exposure will typically be hedged back to sterling in whole or in part. There are no guarantees that a positive total return will be achieved.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
0.2%
1 Year rank in sector
160/168
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£1m (£2m 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.
16
Bid price
1579.2
Offer price
1662.3
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc8.3%
AXA Wealth AXA Fram Mgd Inc Pn8.2%
Canlife AXA Fram Mgd Inc Pn8.1%
FL Artemis Stra Bd AP7.8%
FL Artemis Strategic Bond Pn7.4%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • USA84.4%
    Money Market10.6%
    Brazil3.4%
    EU3.3%
    Japan3.1%
  • Investment Grade Bonds45%
    Asset/Mortgage-Backed Securities28.9%
    Money Market10.6%
    High Yield Bond8.6%
    Government Bonds4.6%
  • Global Fixed Interest93.5%
    Money Market10.6%
    Alternative Assets0.9%
    International Equities0.4%
    Alternative Investment Strategies-5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%0.1%1.6%0.2%5.7%4.7%
Sector-1%-1.6%2.8%4.5%12.4%39.8%
Rank within sector36 / 17220 / 172143 / 172160 / 168136 / 155141 / 143
Quartile1st1st4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund0.7%0.9%5.5%-4.6%0.2%
Sector5.3%0.7%5.6%5.9%15.8%
Rank within sector160 / 16878 / 16374 / 155149 / 151143 / 143
Quartile4th2nd2nd4th4th
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.
-1.35
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.
0.58
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%.
4.25
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.
4.03
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.
-0.78
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.
0.18
Price movement
52 week high1588.6
52 week low1542.4
Current bid price1579.2
Current offer price1662.3
Current mid price-
Region
1USA84.42%
2Money Market10.63%
3Brazil3.35%
4EU3.27%
5Japan3.07%
6UK3.06%
7Argentina1.77%
8Cayman Islands1.48%
9Turkey0.92%
Industry sector
1Investment Grade Bonds45.02%
2Asset/Mortgage-Backed Securities28.86%
3Money Market10.63%
4High Yield Bond8.59%
5Government Bonds4.59%
6Debt3.93%
7Others1.79%
8Government Agency Bonds-1.51%
9Derivatives-1.9%
Asset type
1Global Fixed Interest93.49%
2Money Market10.63%
3Alternative Assets0.94%
4International Equities0.41%
5Alternative Investment Strategies-5.47%
Individual holdings
1TREASURY NOTE (OLD) 1.125 09/30/202111.45%
2TREASURY NOTE (2OLD) 0.75 08/15/20194.72%
3TREASURY NOTE (OLD) 0.75 09/30/20183.4%
4JAPAN(GOVERNMENT OF) 0.1% BDS 15/09/17 JPY10002.11%
5TREASURY (CPI) NOTE 0.125 04/15/20192.02%
6TREASURY (CPI) NOTE 0.125 04/15/20211.73%
7TREASURY (CPI) NOTE 0.625 01/15/20261.41%
8TREASURY (CPI) NOTE 0.125 04/15/20201.38%
9TREASURY (CPI) NOTE 0.125 07/15/20261.38%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The aim of the BlackRock Fixed Income Global Opportunities Fund is to achieve a total return over the medium to long-term. The Fund invests primarily in fixed income transferable securities and money-market instruments denominated in various currencies issued by governments, agencies and companies worldwide. The full spectrum of available securities, including non-investment grade, may be utilised. Currency exposure will typically be hedged back to sterling in whole or in part. There are no guarantees that a positive total return will be achieved.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Brian Weinstein30/06/2009Brian Weinstein, Managing Director, is a portfolio manager in the Multi-Sector & Mortgages Group within BlackRock Fundamental Fixed Income. He is head of Institutional Multi-Sector Portfolios. Mr. Weinstein is also co-head of BlackRock's inflation-linked strategies.Mr. Weinstein has held several key roles at BlackRock. Prior to assuming his current role in 2010, he was most recently co-head of the Global Bond team. Following the close of the merger with Merrill Lynch Investment Managers in 2006, Mr. Weinstein spent a year in London leading the integration efforts within the fixed income portfolio management group before returning to New York. Since 2002, Mr. Weinstein has spent much of his time at BlackRock focused on the rates sectors. In 2004, he was appointed to lead the inflation-linked bond business. He joined BlackRock in 2000 as an Analyst in the Portfolio Analytics Group and became a portfolio manager in 2002. Mr. Weinstein is a senior portfolio manager for the BlackRock Inflation Protected Bond Fund, which was ranked first in the TIPS category for the Lipper Fund Awards 2009 3-year period. He co-authored Inflation-linked Bonds for the Total-return Investor,a chapter within Inflation Risks and Products (Inclusive Media, 2008). Mr. Weinstein earned a BA degree in history from the University of Pennsylvania in 2000.
Andrew Gordon31/03/2007Andrew Gordon, Managing Director and Portfolio Manager, is head of BlackRock's Global Bond team within the Fixed Income Portfolio Management Group. His responsibilities include developing and implementing strategies in the non-dollar and emerging markets sectors of the fixed income market.Before joining BlackRock in 1996, Mr. Gordon, as principal, was responsible for developing strategies for a small relative value global fixed income hedge fund. Prior to that, Mr. Gordon had an eight-year affiliation with CS First Boston, where he pioneered the firm's international fixed income research effort. He began his career in 1981 with the Federal Reserve Bank of New York. During the three years he was with the Federal Reserve, he worked in the International Research and the Open Market Operations departments.Mr. Gordon earned a BA degree in economics and political science in 1981 and an MBA degree in finance in 1986, both from the University of Pennsylvania.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife BlackRock Fixed Income Global Opportunities Pn PS1 Acc
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.53%
Bid price1663.3
Offer price1750.8
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAG58
Canlife BlackRock Fixed Income Global Opportunities Pn PS1 Initial
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.53%
Bid price470.2
Offer price494.9
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeAG57
Canlife BlackRock Fixed Income Global Opportunities Pn PS2 Acc
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.53%
Bid price1568.8
Offer price1651.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOI39
Canlife BlackRock Fixed Income Global Opportunities Pn PS2 Initial
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.53%
Bid price443.5
Offer price466.8
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeOI38
Canlife BlackRock Fixed Income Global Opportunities Pn PS3 Acc
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.53%
Bid price1540.5
Offer price1621.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAG62
Canlife BlackRock Fixed Income Global Opportunities Pn PS3 Initial
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.53%
Bid price442.4
Offer price465.6
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeAG61
Canlife BlackRock Fixed Income Global Opportunities Pn PS4 Acc
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.55%
Bid price1579.2
Offer price1662.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAG60
Canlife BlackRock Fixed Income Global Opportunities Pn PS4 Initial
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.53%
Bid price403.3
Offer price424.5
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeAG59
Canlife BlackRock Fixed Income Global Opportunities Pn PS5 Acc
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.57%
Total expense ratio (TER)0.55%
Bid price103.6
Offer price103.6
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4ON
Data provided by

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