Fact sheet: Canlife F&C Resp Sterling Bd Pn

Fund information
Fund name
Canlife F&C Responsible Sterling Bond Pn PS4
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund manager
  • Rebecca Seabrooksince 06/11/2009
Underlying fund
F&C Resp Stg Bd
Fund objective
The fund aims to maximise returns through investment primarily in fixed interest securities of an ethically screened and diversified universe of companies. The Fund will invest in investment grade and high yield securities. Government securities are generally excluded. The Fund may also invest in warrants, collective investment schemes, money market instruments and derivatives. Non-sterling denominated issues and any currency exposure will normally be hedged back to sterling. To manage risk the Fund will aim to achieve a wide degree of diversification and adopt a rigorous credit management process.
Benchmark
  • Markit iBoxx Sterling Non Gilts Overall
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6%
1 Year rank in sector
167/260
Sector
PN Sterling Corporate Bond
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.
33
Bid price
142.3
Offer price
149.7
Top in this sector
Fund name1 Year
MetLife Fid Corp Bd 20yr Pn15.5%
BlackRock DC AqOv 15 YCrp BdIx HP13.8%
AEGON Long Core Plus Pn12.9%
L&G PMC AAAAAA CpBd Ov15Y Id Pn12.6%
MetLife Fid Corp Bd 16yr Pn12.5%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK97.7%
    Money Market2.3%
  • Banks20.3%
    Fixed Interest14.5%
    Mortgage & Secured Bonds14%
    Utilities12.8%
    Insurance8.9%
  • UK Fixed Interest97.7%
    Money Market2.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%-4.9%1.9%6%14.3%33.6%
Sector-1.5%-4.9%2.7%6.6%18.5%39.6%
Rank within sector172 / 265135 / 265205 / 265167 / 260196 / 235181 / 210
Quartile3rd3rd4th3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund6.4%-0.6%10.1%-0.8%11.4%
Sector7.4%0.2%10.5%1%13.5%
Rank within sector189 / 260206 / 246147 / 235210 / 226174 / 210
Quartile3rd4th3rd4th4th
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.
-1.34
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.
1.02
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.
0.17
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%.
5.57
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.
1.19
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.
-1.04
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.
0.95
Price movement
52 week high150.5
52 week low133.3
Current bid price142.3
Current offer price149.7
Current mid price-
Region
1UK97.7%
2Money Market2.3%
Industry sector
1Banks20.32%
2Fixed Interest14.46%
3Mortgage & Secured Bonds13.97%
4Utilities12.8%
5Insurance8.89%
6Others7.03%
7Consumer Goods6.45%
8Non-Cyclical Goods4.98%
9Telecommunications4.89%
Asset type
1UK Fixed Interest97.7%
2Money Market2.3%
Individual holdings
1KFW INTERNATIONAL FINANCE INC 6% NOTES 7/12/2028 GBP(VAR)3.4%
2EUROPEAN INVESTMENT BANK 3.875% BDS 08/06/37 GBP10003.1%
3EUROPEAN INVESTMENT BANK 5% BDS 15/4/2039 GBP10002.5%
4KREDITANSTALT FUER WIEDERAUFBAU KFW 5.75% BDS 7/6/2032 GBP10002.1%
5ELECTRICITE DE FRANCE 2.25%/13-27.04.20211.2%
6NETWORK RAIL INFRASTRUCTURE FINANCE 4.75% NTS 29/11/35 GBP500001.1%
7ASML HOLDING NV 3.375% BDS 19/09/23 EUR1000000.9%
8HSBC HLDGS 7% SUBORD NTS 07/04/38 GBP500000.9%
9TELEFONICA EMISIONES SAU 5.597% NTS 12/03/20 GBP10000.9%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The fund aims to maximise returns through investment primarily in fixed interest securities of an ethically screened and diversified universe of companies. The Fund will invest in investment grade and high yield securities. Government securities are generally excluded. The Fund may also invest in warrants, collective investment schemes, money market instruments and derivatives. Non-sterling denominated issues and any currency exposure will normally be hedged back to sterling. To manage risk the Fund will aim to achieve a wide degree of diversification and adopt a rigorous credit management process.
Benchmark
  • Markit iBoxx Sterling Non Gilts Overall
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Rebecca Seabrook06/11/2009Rebecca has over 14 years of investment experience and is co-Head of UK Credit. She joined F&C in 2001 from Rothschild Asset Management. Rebecca has a BA in Accounting and Finance from the University of Wales and is a member of UK Society of Investment Professionals.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife F&C Responsible Sterling Bond Pn PS4
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)0.55%
Bid price142.3
Offer price149.7
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGUU9
Canlife F&C Responsible Sterling Bond Pn PS5
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)0.55%
Bid price105.7
Offer price105.7
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4PJ
Data provided by

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