Fact sheet: Canlife IL Pn

Fund information
Fund name
Canlife Index Linked Pn PS4 Acc
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 data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
18.7%
1 Year rank in sector
77/147
Sector
PN UK Index - Linked Gilts
Yield
-
Fund size
£3m (£3m 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
209.8
Offer price
220.8
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-5.6%-6.8%14.3%18.7%41.6%46.9%
Sector-4.8%-5.5%13.5%17.9%39.8%46.8%
Rank within sector113 / 152126 / 15172 / 15177 / 14772 / 13773 / 120
Quartile3rd4th2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund21.7%-1.5%19.6%-0.2%-1%
Sector20.9%-1.5%18.7%0.1%-0.1%
Rank within sector79 / 14868 / 14163 / 13781 / 129100 / 120
Quartile3rd2nd2nd3rd4th
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.
-0.52
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.
1.11
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.
0.68
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%.
12.78
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.
2.18
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.
0.26
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 high231
52 week low171.7
Current bid price209.8
Current offer price220.8
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
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 data available.
Investment style
No data available.
Investment method
No data available.
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 Pn PS4 Acc
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price209.8
Offer price220.8
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOZ31
Canlife Index Linked Pn PS5 Acc
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price123.2
Offer price123.2
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4QN
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.