Fact sheet: Canlife CF Snca Div Gth Pn

Fund information
Fund name
Canlife CF Seneca Diversified Growth Pn PS4 Acc
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund managers
  • Simon Edwardssince 30/03/2005
  • Alan Borrowssince 30/03/2005
Underlying fund
CF Seneca Divfd Gth
Fund objective
The investment objective is to achieve long-term capital growth by investing in balanced and well diversified portfolio of UK and International equities, and fixed interest securities including government and corporate bonds. Investments will also be made in regulated collective investment schemes, money markets and cash deposits to provide further diversification to the Fund in accordance with applicable regulations.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
Fixed Interest, Hedge Funds, Money Market, Property, Structured Products, Equity
Quick stats
1 Year return
6.8%
1 Year rank in sector
716/795
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£0m (£0m 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.
58
Bid price
163.3
Offer price
171.8
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn23.5%
Scot Eq Sequel Adventurous Pn21.4%
Scot Eq Sequel Adven Jrny Pn21.4%
Scot Eq Ext Bal Coll (ex MLC) Pn20.5%
Scot Eq Caerus Pfl DRP 4 Pn20.3%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • International41.7%
    Not Specified33.3%
    UK23.7%
    Money Market1.3%
  • No data available.
  • International Equities41.7%
    UK Equities23.7%
    Others23.3%
    Global Fixed Interest10%
    Money Market1.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%1.3%7.5%6.8%14.8%40.9%
Sector-0.1%-0.6%8.2%11%21.8%47.9%
Rank within sector425 / 913151 / 912599 / 894716 / 795620 / 692498 / 595
Quartile2nd1st3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund5.7%6%0.1%15.3%10.2%
Sector10.7%2.2%5.7%13.1%9.9%
Rank within sector735 / 80047 / 753672 / 692230 / 661300 / 596
Quartile4th1st4th2nd3rd
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.
-1.89
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
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.
0.11
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%.
8.27
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.
4.14
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.
-0.47
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.
0.74
Price movement
52 week high166.9
52 week low139.3
Current bid price163.3
Current offer price171.8
Current mid price-
Region
1International41.7%
2Not Specified33.3%
3UK23.7%
4Money Market1.3%
Industry sector
No data available.
Asset type
1International Equities41.7%
2UK Equities23.7%
3Others23.3%
4Global Fixed Interest10%
5Money Market1.3%
Individual holdings
1INVESCO PERPETUAL EUROPEAN EQUITY INCOME ACC8.2%
2GOODHART MICHINORI JAPAN EQUITY5.9%
3STEWART INVESTORS ASIA PAC LEADERS4.9%
4SOMERSET EM DIVIDEND GROWTH4.7%
5YACKTMAN US EQUITY4.2%
6AJ BELL HOLDINGS LTD2.8%
7ROYAL LONDON STERLING EXTRA YIELD BOND FUND2.8%
8ROYAL LONDON SHORT DURATION GLOBAL HIGH YIELD2.5%
9TEMPLETON EMERGING MARKETS BOND2.4%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The investment objective is to achieve long-term capital growth by investing in balanced and well diversified portfolio of UK and International equities, and fixed interest securities including government and corporate bonds. Investments will also be made in regulated collective investment schemes, money markets and cash deposits to provide further diversification to the Fund in accordance with applicable regulations.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
Fixed Interest, Hedge Funds, Money Market, Property, Structured Products, Equity
Fund managers
NameSinceBiography
Simon Edwards30/03/2005Simon obtained a first class honours degree in Accounting and Financial Management before moving to New Zealand in 1984. Starting at AMP as an Equity Analyst, he became Chief Equity Manager at National Provident Fund before returning to the UK in 1992 to take up a position as a director of Credit Suisse First Boston. In 1995, Simon became Chief Investment Manager at the £3bn Merseyside Pension Fund, where he oversaw both the investment management and the administration of the Fund. In 2002, he established Midas Capital Partners Limited, along with a number of senior colleagues from Merseyside Pension Fund. Simon won asset allocator of the year award in 2007.
Alan Borrows30/03/2005Alan began his investment career as an Investment Assistant at Merseyside County Council in 1980, rising to the position of Senior Investment Manager in 1987. In addition to managing traditional assets, Alan led the introduction of a wide range of alternative asset classes into The Merseyside Pension Fund. He was responsible for the Team’s first hedge fund investments in the early 1990s and for the introduction of structured products. Alan was also involved in the development of the private equity programme at Merseyside Pension Fund. Alan jointly founded Seneca Investment Managers Limited (originally Midas Capital Partners Limited) in 2002. Alan has been Lead Fund Manager on the CF Seneca Diversified Income Fund since launch in 2002. Alan is also the Lead Fund Manager of the Seneca Global Income & Growth Trust plc (formerly known as Midas Income & Growth Trust plc).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife CF Seneca Diversified Growth Pn PS4 Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)0.96%
Bid price163.3
Offer price171.8
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXA41
Canlife CF Seneca Diversified Growth Pn PS5 Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.31%
Total expense ratio (TER)0.96%
Bid price107.5
Offer price107.5
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4OV
Data provided by

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