Fact sheet: Canlife IL Gilt Pn

Fund information
Fund name
Canlife Index Linked Gilt Pn PS2 Initial
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund manager
  • Bill Harersince 28/02/2006
No data available.
Fund objective
The Fund aims to maximise returns by investing mainly in index linked bonds issued by the UK government. The Fund may also invest in bonds issued by non UK governments, and companies, including bonds denominated in currencies other than sterling. These stocks give protection against inflation, provided that they are held until redemption. However, the market value of these securities can fluctuate and will not always increase in line with the Retail Prices Index or other consumer price indices over shorter periods. This Fund is suitable for those whose main concern is protection against inflation.
Benchmark
  • No Specified Index
Investment style
None
Investment method
None
Quick stats
1 Year return
14%
1 Year rank in sector
128/147
Sector
PN UK Index - Linked Gilts
Yield
-
Fund size
£52m (£42m 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.
92
Bid price
366.9
Offer price
386.2
Top in this sector
Fund name1 Year
SSgA Uk Idx Lkd Gilt Mar 2062 Pn29.7%
SSgA UK Idx Lkd Gilt Nov2055 Pn23.8%
SSgA UK Idx Lkd Glt Mar 2050 Pn23.1%
L&G Ovr 15Yr IdxLkd GltsIdx Pn22.3%
SSgA MPF Ovr 15Y IL Gilt Pn22.3%
...more in PN UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.9%-7.8%12%14%25.3%19.9%
Sector-4.8%-5.5%13.5%17.9%39.8%46.8%
Rank within sector144 / 152145 / 151125 / 151128 / 147127 / 137117 / 120
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund17.1%-5.4%14.7%-4.2%-4.9%
Sector20.9%-1.5%18.7%0.1%-0.1%
Rank within sector130 / 148139 / 141129 / 137127 / 129117 / 120
Quartile4th4th4th4th4th
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.
-4.46
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.
1.1
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.
0.33
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%.
12.73
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.
2.17
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.
-1.58
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.
0.98
Price movement
52 week high407.2
52 week low311.9
Current bid price366.9
Current offer price386.2
Current mid price-
Region
1UK100%
Industry sector
1Government Index Linked100%
Asset type
1Global Index Linked100%
Individual holdings
1TREASURY 0.125% GILT 22/03/68 GBP0.0114.3%
2TREASURY 0.125% IDX LKD GILT 22/3/44 GBP0.0114.1%
3TREASURY 0.125% IDX LKD GILT 22/03/46 GBP11.8%
4TREASURY 0.125% IDX LKD GILT 22/11/36 GBP0.0111.7%
5TREASURY 4.125%IDX-LINKED GILT 22/07/30 GBP0.019.3%
6TREASURY 0.625% IDX-LKD GILT 22/3/40 GBP0.016.6%
7TREASURY 1.25% IDX-LKD GILT 22/11/27 GBP0.016.3%
8TREASURY 0.125% IDX GILT 22/03/24 GBP0.016.1%
9TREASURY 0.125% IDX LKD GILT 22/03/58 GBP0.015.7%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to maximise returns by investing mainly in index linked bonds issued by the UK government. The Fund may also invest in bonds issued by non UK governments, and companies, including bonds denominated in currencies other than sterling. These stocks give protection against inflation, provided that they are held until redemption. However, the market value of these securities can fluctuate and will not always increase in line with the Retail Prices Index or other consumer price indices over shorter periods. This Fund is suitable for those whose main concern is protection against inflation.
Benchmark
  • No Specified Index
Investment style
None
Investment method
None
Fund manager
NameSinceBiography
Bill Harer28/02/2006Bill Harer joined Canada Life Investments in 1982. He supervises the overall risk profile for the fixed interest funds, manages the Index-linked Life and Pension Funds and is joint manager of the CF Canlife Corporate Bond Fund. Prior to joining Canada Life Investments, Bill spent five years in stock broking research. He holds an MA in Politics, Philosophy & Economics from Oxford University, and is an Associate of the CFA Society of the UK.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife Index Linked Gilt Pn Dis
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price715.4
Offer price753
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCF06
Canlife Index Linked Gilt Pn PS1 Acc
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1563
Offer price1563
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeML13
Canlife Index Linked Gilt Pn PS1 Initial
Initial charge-
Annual charge4.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price414.3
Offer price414.3
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeML14
Canlife Index Linked Gilt Pn PS2 Acc
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price916.3
Offer price964.5
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMU25
Canlife Index Linked Gilt Pn PS2 Initial
Initial charge-
Annual charge5.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price366.9
Offer price386.2
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeMU18
Canlife Index Linked Gilt Pn PSC Acc
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1120
Offer price1178
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCF16
Canlife Index Linked Gilt Pn PSE Acc
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price767.7
Offer price808.1
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCF25
Canlife Index Linked Gilt Pn PSE Initial
Initial charge-
Annual charge4.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price282.7
Offer price297.5
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeYY80
Data provided by

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