Fact sheet: Canlife Global Bond Pn

Fund information
Fund name
Canlife Global Bond Pn PS5 Acc
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund manager
  • David Arnaudsince 28/05/2012
Underlying fund
CF Canlife Global Bond
Fund objective
The CF Canlife Global Bond Fund aims to provide income with the potential for some long-term capital growth principally through investment in global fixed income securities. The Sub-fund principally invests in investment grade securities which include government and corporate bonds. The Sub-fund may also invest in collective investment schemes, cash, money market instruments, other transferable securities and derivatives and forward transactions for the purposes of Efficient Portfolio Management.
Benchmark
  • Citi World Government Bond Idx
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
19.9%
1 Year rank in sector
48/132
Sector
PN Global Fixed Interest
Yield
-
Fund size
£98m (£51m 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.
66
Bid price
117.9
Offer price
117.9
Top in this sector
Fund name1 Year
FL GM Overseas Bond Pension30.7%
OMW M&G Glbl Government Bond26.7%
Pru Intnl Bd Pn26.1%
M&G PP International Bond Pn25.9%
BlackRock Aquila Lf Ovr Bd Id Pn24%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • Europe34.6%
    USA20.9%
    Japan19.7%
    UK12.1%
    Money Market8.4%
  • No data available.
  • European Fixed Interest34.6%
    US Fixed Interest20.9%
    Japanese Fixed Interest19.7%
    UK Fixed Interest12.1%
    Money Market8.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.4%-1.8%9.1%19.9%--
Sector-3.8%-2.5%5.4%12.4%17.5%18.9%
Rank within sector91 / 14448 / 14230 / 14148 / 132--
Quartile3rd2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund18.6%----
Sector11.9%-0.3%6.1%-3.6%3%
Rank within sector45 / 132----
Quartile2nd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high128.5
52 week low97.7
Current bid price117.9
Current offer price117.9
Current mid price-
Region
1Europe34.6%
2USA20.9%
3Japan19.7%
4UK12.1%
5Money Market8.4%
6Asia Pacific ex Japan4.3%
Industry sector
No data available.
Asset type
1European Fixed Interest34.6%
2US Fixed Interest20.9%
3Japanese Fixed Interest19.7%
4UK Fixed Interest12.1%
5Money Market8.4%
6Asia Pacific ex Japan Fixed Interest4.3%
Individual holdings
1JGB 0.6% 2024 #3342.8%
2SIEGR 2.35% 20262.6%
3JGB 1.9% 2030 #1212.5%
4SHPLN 2.875% 20232.1%
5CCL 1.625% 20211.9%
6ETN 0.75% 20241.9%
7NDASS 1% 20261.9%
8JGB 2.3% 03/20/39 #301.8%
9JGB 0.9% 2022 #3221.4%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The CF Canlife Global Bond Fund aims to provide income with the potential for some long-term capital growth principally through investment in global fixed income securities. The Sub-fund principally invests in investment grade securities which include government and corporate bonds. The Sub-fund may also invest in collective investment schemes, cash, money market instruments, other transferable securities and derivatives and forward transactions for the purposes of Efficient Portfolio Management.
Benchmark
  • Citi World Government Bond Idx
Investment style
No data available.
Investment method
None
Fund manager
NameSinceBiography
David Arnaud28/05/2012David joined Canada Life Investments in 2006 as a credit analyst and was promoted to fund manager in October 2009. David's previous investment roles include working as an investment analyst at AGF Private Equity in Paris and as a credit analyst at Fortis Bank. David holds an MSc in Economics & Management and a Postgraduate diploma in Financial Engineering & Corporate Finance, both from Paris Dauphine University. He is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife Global Bond Pn PS4 Acc
Initial charge-
Annual charge0.38%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.75%
Bid price109.1
Offer price114.8
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1OP
Canlife Global Bond Pn PS5 Acc
Initial charge-
Annual charge0.38%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.75%
Bid price117.9
Offer price117.9
Mid price-
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4PZ
Data provided by

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