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 01/07/2009
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
8.1%
1 Year rank in sector
80/167
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.
27
Bid price
126.2
Offer price
132.8
Top in this sector
Fund name1 Year
Canlife AXA Fram Mgd Inc Pn12.7%
OMW AXA Framlington Mgd Inc12.5%
SIP BG Corporate Bd Pn12.4%
AXA Wealth AXA Fram Mgd Inc Pn12.4%
LV= Artemis High Income Pn12.1%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • North America38.5%
    UK33.1%
    Europe23.9%
    Money Market3%
    Asia Pacific1.5%
  • Fixed Interest95.1%
    Money Market3.2%
    Equities1.9%
    Derivatives0%
    Foreign Exchange-0.2%
  • Global Fixed Interest95.1%
    Money Market3.2%
    International Equities1.9%
    Alternative Investment Strategies0%
    Foreign Exchange-0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%3.3%1.5%8.1%15.4%41.3%
Sector0%1.8%1.4%7.5%12.7%33.9%
Rank within sector126 / 1734 / 17087 / 17180 / 16752 / 15545 / 146
Quartile3rd1st3rd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.4%5.8%3.8%5.4%6.7%
Sector1.6%6.7%0.7%5.6%5.9%
Rank within sector20 / 173107 / 1673 / 16278 / 15668 / 152
Quartile1st3rd1st2nd2nd
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.
0.17
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.
1.19
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.
0.4
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%.
4.2
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.
1.75
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.
0.54
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.
0.85
Price movement
52 week high126.3
52 week low116.2
Current bid price126.2
Current offer price132.8
Current mid price-
Region
1North America38.47%
2UK33.06%
3Europe23.93%
4Money Market3%
5Asia Pacific1.53%
Industry sector
1Fixed Interest95.1%
2Money Market3.17%
3Equities1.88%
4Derivatives0.01%
5Foreign Exchange-0.17%
Asset type
1Global Fixed Interest95.1%
2Money Market3.17%
3International Equities1.88%
4Alternative Investment Strategies0.01%
5Foreign Exchange-0.17%
Individual holdings
1CO-OPERATIVE GROUP 2011 7.50% 20261.8%
2UBS GROUP 6.875% 20491.8%
3CSC 6.625% 20251.7%
4DIAMOND 1 FIN/DIAMOND 2 8.1% BDS 15/07/36 USD1000 REG S1.7%
5NATIONWIDE BUILDING SOCIETY1.7%
6WACHOVIA CAPITAL TRUST III 5.5698% 20491.7%
7ARDAGH PACKAGING FINANCE 6.75% 20241.5%
8REYNOLDS GROUP ISSUER 7.00% 20241.5%
9SIG COMBIBLOC SCA 7.75% 20231.5%
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 Tugnait01/07/2009Kam 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 price126.2
Offer price132.8
Mid price-
CurrencyGBX
Price updated28/03/2017
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 price111.6
Offer price111.6
Mid price-
CurrencyGBX
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4QI
Data provided by

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