Fact sheet: Canlife Global Equ Inc Pn

Fund information
Fund name
Canlife Global Equity Income Pn PS5 Acc
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund managers
  • David Pastorsince 30/09/2013
  • Richard Doylesince 30/09/2013
Underlying fund
CF Canlife Gbl Eq Inc
Fund objective
The CF Canlife Global Equity Income Fund aims to provide income with the potential for some long-term capital growth principally through investment in global shares. The Sub-fund principally invests in shares on a global basis across a wide range of geographies, sectors and market capitalisations which the Investment Manager believes offer attractive dividend yields. 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
  • MSCI World High Dividend Yield NR USD
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
25.9%
1 Year rank in sector
684/997
Sector
PN Global Equities
Yield
-
Fund size
£23m (£18m 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.
93
Bid price
131.2
Offer price
131.2
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn42.5%
MGM Global Index Tracker Pn40.1%
FL Baillie Giff LT Gbl Gth Pn39.9%
FL Baillie Gifford Intl Pn39.4%
FL Baillie GiffordIntlXE/IE Pn38.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • Europe ex UK43.6%
    North America32.6%
    UK13.3%
    Global Emerging Markets6.4%
    Money Market4.1%
  • Financials18.4%
    Telecommunications Utilities16.6%
    Health Care14.1%
    Industrials13.2%
    Consumer Discretionary11.3%
  • Europe ex UK Equities43.6%
    North American Equities32.6%
    UK Equities13.3%
    Global Emerging Market Equities6.4%
    Money Market4.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%4.5%10%25.9%--
Sector1.1%5.5%10.6%27.3%43.8%76.8%
Rank within sector216 / 1052787 / 1037642 / 1024684 / 997--
Quartile1st4th3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.8%28.2%---
Sector4.8%22.4%3.7%7.8%21.4%
Rank within sector821 / 1037210 / 958---
Quartile4th1st
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 high133.6
52 week low101.1
Current bid price131.2
Current offer price131.2
Current mid price-
Region
1Europe ex UK43.6%
2North America32.6%
3UK13.3%
4Global Emerging Markets6.4%
5Money Market4.1%
Industry sector
1Financials18.42%
2Telecommunications Utilities16.59%
3Health Care14.1%
4Industrials13.23%
5Consumer Discretionary11.32%
6Information Technology10.64%
7Energy6.52%
8Consumer Staples5.08%
9Money Market4.1%
Asset type
1Europe ex UK Equities43.6%
2North American Equities32.6%
3UK Equities13.3%
4Global Emerging Market Equities6.4%
5Money Market4.1%
Individual holdings
1SANDVIK AB4.3%
2NOVARTIS AG4.2%
3SMITHS GROUP4.2%
4YARA INTERNATIONAL ASA4.1%
5CISCO SYSTEMS INC3.9%
6SANOFI3.8%
7NATIONAL OILWELL VARCO INC3.6%
8LANCASHIRE HOLDINGS3.3%
9PEOPLE`S UNITED FINANCIAL INC3.3%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The CF Canlife Global Equity Income Fund aims to provide income with the potential for some long-term capital growth principally through investment in global shares. The Sub-fund principally invests in shares on a global basis across a wide range of geographies, sectors and market capitalisations which the Investment Manager believes offer attractive dividend yields. 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
  • MSCI World High Dividend Yield NR USD
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
David Pastor30/09/2013David has a BS in Business Administration from Universidad de Burgos and is a member of the Association of Chartered Certified Accountants (ACCA). David Pastor joined Setanta Asset Management in 2007.
Richard Doyle30/09/2013Richard co-manages Setanta’s various income-oriented portfolios, including the Dividend Fund, Income Opportunities Fund and Reditus. Richard joined Setanta in 2008.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife Global Equity Income Pn PS4 Acc
Initial charge-
Annual charge0.38%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)0.79%
Bid price168.4
Offer price177.2
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG1OO
Canlife Global Equity Income Pn PS5 Acc
Initial charge-
Annual charge0.38%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.58%
Total expense ratio (TER)0.79%
Bid price131.2
Offer price131.2
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4QA
Data provided by

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