Fact sheet: Canlife CF Snca Div Inc Pn

Fund information
Fund name
Canlife CF Seneca Diversified Income Pn PS4 Acc
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund managers
  • Alan Borrowssince 31/03/2005
  • Simon Edwardssince 31/03/2005
Underlying fund
CF Seneca Diversified Income
Fund objective
The investment objective is to provide a high level of growing income by investing in a balanced and well diversified portfolio of UK and International equities, 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
15.7%
1 Year rank in sector
159/490
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£0m (£1m 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
Bid price
153.9
Offer price
161.9
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn48.9%
OMW IPL F&COs EqLnkUKInflPn42.8%
OMW IPL F&C Os EqLkUK GltPn31.9%
Aegon Dynamic Lifestyle 2023 (RR)Pn30.4%
AXA Wealth TEAMS cl Gvn ptfl VPn29.8%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • Not Specified56.3%
    UK25.8%
    International15.6%
    Money Market2.3%
  • No data available.
  • Global Fixed Interest31.2%
    UK Equities25.8%
    Others25.1%
    International Equities15.6%
    Money Market2.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%3.9%8.4%15.7%22.2%51.5%
Sector1%1.9%6.1%14.5%21.7%45%
Rank within sector252 / 53035 / 52959 / 521159 / 490156 / 411107 / 359
Quartile2nd1st1st2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund6.2%9.2%4.7%1.8%10.7%
Sector3.5%11.8%1.3%6%8.3%
Rank within sector21 / 522297 / 45929 / 423354 / 397138 / 380
Quartile1st3rd1st4th2nd
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.
1.08
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.
0.86
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.
0.54
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%.
6.12
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.
4.09
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.
0.02
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.
0.56
Price movement
52 week high154.2
52 week low127.6
Current bid price153.9
Current offer price161.9
Current mid price-
Region
1Not Specified56.3%
2UK25.8%
3International15.6%
4Money Market2.3%
Industry sector
No data available.
Asset type
1Global Fixed Interest31.2%
2UK Equities25.8%
3Others25.1%
4International Equities15.6%
5Money Market2.3%
Individual holdings
1ROYAL LONDON SHORT DURATION GLOBAL HIGH YIELD6.6%
2MUZINICH SHORT DURATION HIGH YIELD6.5%
3ROYAL LONDON STERLING EXTRA YIELD BOND6.1%
4TEMPLETON EMERGING MARKETS BOND5.5%
5TWENTYFOUR SELECT MONTHLY INC4.1%
6AJ BELL HOLDINGS3.4%
7LIONTRUST EUROPEAN ENHANCED INCOME2.4%
8PRUSIK ASIAN EQUITY INCOME FUND2.4%
9BLACKROCK WORLD MINING TRUST PLC2.1%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The investment objective is to provide a high level of growing income by investing in a balanced and well diversified portfolio of UK and International equities, 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
Alan Borrows31/03/2005Alan 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).
Simon Edwards31/03/2005Simon 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife CF Seneca Diversified Income Pn PS4 Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.12%
Bid price153.9
Offer price161.9
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeXA38
Canlife CF Seneca Diversified Income Pn PS5 Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.23%
Total expense ratio (TER)1.12%
Bid price120.4
Offer price120.4
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4OW
Data provided by

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