Fact sheet: Canlife Global Equity Pn

Fund information
Fund name
Canlife Global Equity Pn PS4 Acc
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund manager
  • Mike Willanssince 01/01/2004
Underlying fund
CF Canlife Global Equity
Fund objective
The fund aims to provide capital growth mainly from investment in shares globally. The fund invests in five different geographical areas – Asia Pacific, Europe, Japan, North America and the UK and seeks to add value through both asset allocation and stock selection. The fund's asset allocation strategy is reviewed quarterly with input from each of the fund managers within the International Equity team. Stock selection is a collaboration between the fund manager and the regional specialists resulting in the highest conviction ideas from across the globe.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
31.1%
1 Year rank in sector
433/985
Sector
PN Global Equities
Yield
-
Fund size
£28m (£23m 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.
98
Bid price
4432.9
Offer price
4666.2
Top in this sector
Fund name1 Year
Aegon Hend GlblTecPn52.9%
FL Baillie Giff LT Gbl Gth Pn50.8%
Baillie Gifford Lng Tm Gbl Gth Pn50.1%
Zurich BailGfrd LgTrmGblGth49.7%
Stan Life BGiff LgTmGlGtOEICPn48.8%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA41.1%
    Europe28.6%
    UK11.3%
    Japan8.8%
    Money Market6.1%
  • Consumer Staples16.1%
    Consumer Discretionary13.2%
    Health Care12.5%
    Information Technology11.2%
    Others8.9%
  • US Equities41.1%
    European Equities28.6%
    UK Equities11.3%
    Japanese Equities8.8%
    Money Market6.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%2.9%7.6%31.1%52.2%103.9%
Sector2.2%2.9%10.1%29.7%44.6%95.1%
Rank within sector560 / 1038543 / 1032884 / 1016433 / 985237 / 851292 / 769
Quartile3rd3rd4th2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund4%30.7%2.2%9.8%23.6%
Sector6.3%22.4%3.7%7.8%21.4%
Rank within sector867 / 101789 / 939675 / 897233 / 828305 / 800
Quartile4th1st4th2nd2nd
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.
3.56
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.
0.84
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.
1.19
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%.
9.16
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.
4.13
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.
0.38
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.
0.83
Price movement
52 week high4466.7
52 week low3404.1
Current bid price4432.9
Current offer price4666.2
Current mid price-
Region
1USA41.1%
2Europe28.6%
3UK11.3%
4Japan8.8%
5Money Market6.1%
6Asia Pacific ex Japan4.1%
Industry sector
1Consumer Staples16.1%
2Consumer Discretionary13.2%
3Health Care12.5%
4Information Technology11.2%
5Others8.9%
6Telecommunications Utilities8.3%
7Energy8.1%
8Financials8.1%
9Industrials7.5%
Asset type
1US Equities41.1%
2European Equities28.6%
3UK Equities11.3%
4Japanese Equities8.8%
5Money Market6.1%
6Asia Pacific ex Japan Equities4.1%
Individual holdings
1GRIFOLS SA2.8%
2ISHR MSCI AC FAR EAST X-JP2.8%
3SAP SE2.3%
4BP2.2%
5EASYJET2.1%
6BANCO SANTANDER SA1.9%
7DUFRY AG1.9%
8TOMTOM NV1.9%
9ROCHE HLDG AG1.8%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The fund aims to provide capital growth mainly from investment in shares globally. The fund invests in five different geographical areas – Asia Pacific, Europe, Japan, North America and the UK and seeks to add value through both asset allocation and stock selection. The fund's asset allocation strategy is reviewed quarterly with input from each of the fund managers within the International Equity team. Stock selection is a collaboration between the fund manager and the regional specialists resulting in the highest conviction ideas from across the globe.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Mike Willans01/01/2004Mike joined Canada Life Investments in October 1999 and was appointed Head of International Equities in March 2010. He currently manages North American equities. Mike's investment experience stretches back to 1986 when he has been a fund manager, initially for Kleinwort Benson. After five years at Manulife, Mike went to Lazards as Head of Japanese Equities in 1995, moving to NPI before joining Canada Life Investments.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife Global Equity Pn PS1 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)0.39%
Bid price4647.8
Offer price4892.4
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAE10
Canlife Global Equity Pn PS1 Initial
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)0.39%
Bid price1224.1
Offer price1288.5
Mid price-
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeAE33
Canlife Global Equity Pn PS2
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price737.6
Offer price776.4
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeML27
Canlife Global Equity Pn PS2 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)0.39%
Bid price4378.3
Offer price4608.7
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOI49
Canlife Global Equity Pn PS2 Initial
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)0.39%
Bid price1153.1
Offer price1213.7
Mid price-
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeOI48
Canlife Global Equity Pn PS3 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)0.39%
Bid price4326.7
Offer price4554.4
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAE52
Canlife Global Equity Pn PS3 Initial
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)0.39%
Bid price1176.6
Offer price1238.5
Mid price-
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeAE53
Canlife Global Equity 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)0.46%
Bid price4432.9
Offer price4666.2
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAE72
Canlife Global Equity Pn PS4 Initial
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)0.39%
Bid price1046.7
Offer price1101.7
Mid price-
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeAE73
Canlife Global Equity 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)0.46%
Bid price135.5
Offer price135.5
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4QB
Data provided by

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