Fact sheet: Canlife Henderson FxInt MlIn Pn

Fund information
Fund name
Canlife Henderson Fixed Interest Monthly Income Pn PS4
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund managers
  • Kam Tugnaitsince 30/06/2009
Underlying fund
Henderson FxIntMtlyInc
Fund objective
To provide investors with a high level of income by investing in bonds and other securities and their derivatives. The Manager will invest in a spread of securities which at the Manager's discretion will include various bonds, including high yield bonds with various credit ratings, convertible bonds, preference shares, government securities, other investments of a similar nature and sophisticated derivative instruments such as credit default swaps.
Benchmark
  • No Specified Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
7%
1 Year rank in sector
103/168
Sector
PN Sterling Strategic 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.
25
Bid price
124.1
Offer price
130.6
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc13.8%
AXA Wealth AXA Fram Mgd Inc Pn13.2%
Canlife AXA Fram Mgd Inc Pn13.1%
LV= Artemis High Income Pn12%
Aviva Art High Income Pn11%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • North America32.6%
    UK29.7%
    Europe29.4%
    Money Market7.2%
    Asia Pacific1.1%
  • Fixed Interest85.6%
    Money Market6.3%
    Debt5.3%
    Equities1.8%
    Foreign Exchange0.9%
  • Global Fixed Interest90.8%
    Money Market6.3%
    International Equities1.8%
    Foreign Exchange0.9%
    Alternative Investment Strategies0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.1%0.2%2.6%7%15.5%46.3%
Sector1.2%0.7%2.6%7.5%12.9%38.2%
Rank within sector6 / 173117 / 17278 / 172103 / 16852 / 15548 / 143
Quartile1st3rd2nd3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund0.7%5.8%3.8%5.4%6.7%
Sector0.5%6.7%0.7%5.6%5.9%
Rank within sector58 / 173107 / 1683 / 16377 / 15568 / 151
Quartile2nd3rd1st2nd2nd
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.
0.01
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.
1.16
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.
0.37
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%.
4.06
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.
1.57
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.
0.44
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.
0.87
Price movement
52 week high125.1
52 week low113
Current bid price124.1
Current offer price130.6
Current mid price-
Region
1North America32.6%
2UK29.72%
3Europe29.36%
4Money Market7.25%
5Asia Pacific1.07%
Industry sector
1Fixed Interest85.58%
2Money Market6.35%
3Debt5.26%
4Equities1.81%
5Foreign Exchange0.9%
6Derivatives0.1%
Asset type
1Global Fixed Interest90.85%
2Money Market6.35%
3International Equities1.81%
4Foreign Exchange0.9%
5Alternative Investment Strategies0.1%
Individual holdings
1CO-OPERATIVE GROUP 2011 7.50% 20261.8%
2CHARTER COMMUNICATIONS OPT LLC/CAP 6.484% BDS 23/10/45 USD2000 144A1.7%
3CSC 6.625% 20251.7%
4NATIONWIDE BUILDING SOCIETY1.7%
5UBS GROUP 6.875% 20491.7%
6DIAMOND 1 FIN/DIAMOND 2 8.1% BDS 15/07/36 USD1000 REG S1.6%
7WACHOVIA CAPITAL TRUST III 5.5698% 20491.6%
8ARDAGH PACKAGING FINANCE 6.75% NTS 15/05/24 EUR100000 REG S1.4%
9SIG COMBIBLOC SCA 7.75% 20231.4%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
To provide investors with a high level of income by investing in bonds and other securities and their derivatives. The Manager will invest in a spread of securities which at the Manager's discretion will include various bonds, including high yield bonds with various credit ratings, convertible bonds, preference shares, government securities, other investments of a similar nature and sophisticated derivative instruments such as credit default swaps.
Benchmark
  • No Specified Index
Investment style
High Yield
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Kam Tugnait30/06/2009Kam joined Babson Capital Europe in May 2011. He has over 24 years experience in the industry and was one of the pioneers of high yield in Europe. Before joining Babson Capital Europe, Kam was at Gartmore. Prior to Gartmore, Kam served as Head of High Yield at Standard Bank and the United Bank of Kuwait. Kam graduated with an MA in physics from Cambridge University and is a member of the Institute of Chartered Accountants, England & Wales. At Babson Capital Europe, Kam manages the European high yield funds and serves as a member of the Babson Capital Europe Investment Committee.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife Henderson Fixed Interest Monthly Income Pn PS4
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.83%
Bid price124.1
Offer price130.6
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBBI2
Canlife Henderson Fixed Interest Monthly Income Pn PS5
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.69%
Total expense ratio (TER)0.83%
Bid price109.6
Offer price109.6
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4QI
Data provided by

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