Fact sheet: Canlife JPM Gbl Macro Bal Pn

Fund information
Fund name
Canlife JPM Global Macro Balanced Pn PS4
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund managers
  • Neill Nuttallsince 30/09/2008
  • Talib Sheikhsince 30/09/2008
Underlying fund
JPM Global Macro Balanced
Fund objective
The Fund aims to achieve capital growth in excess of its benchmark by investing in a global portfolio of assets. The Fund will primarily invest in Debt Securities (which may include Below-Investment Grade Bonds and Unrated Securities), Convertible Bonds, Equity securities (which may include smaller companies) and short-term securities.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
-2.5%
1 Year rank in sector
144/146
Sector
PN Mixed Investment 0%-35% Shares
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.
33
Bid price
105.5
Offer price
111
Top in this sector
Fund name1 Year
B&CE ThePplPnPre-Retm0.5%Pn16.4%
FL Defensive Index FOF Pn16.2%
Pru Dynamic Growth ll Pn16%
Zurich BlkRk Cnsnss 35 Pn15.9%
Canlife BlkRckConsensus 35Pn15.8%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • North America43.3%
    Europe ex UK19.2%
    UK13.6%
    Pacific ex-Japan12.6%
    Money Market5%
  • No data available.
  • Asia Pacific ex Japan Fixed Interest31.1%
    Europe ex UK Fixed Interest19.2%
    North American Fixed Interest13.3%
    Europe ex UK Equities12.8%
    North American Equities11%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.8%-5.4%-4.3%-2.5%9.4%10.6%
Sector-0.1%-0.5%6.9%10.6%22.9%38.7%
Rank within sector170 / 176157 / 175164 / 166144 / 146111 / 12684 / 95
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-2.2%3.2%7.2%10%-6%
Sector10.7%2.3%7.6%5.6%6.9%
Rank within sector144 / 14623 / 13559 / 1268 / 11391 / 96
Quartile4th1st2nd1st4th
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.
-1.4
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.
0.67
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
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%.
4.56
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.
3.76
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.
-0.95
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.
0.41
Price movement
52 week high113.3
52 week low105
Current bid price105.5
Current offer price111
Current mid price-
Region
1North America43.33%
2Europe ex UK19.24%
3UK13.57%
4Pacific ex-Japan12.61%
5Money Market5%
6Global Emerging Markets3.75%
7Japan2.5%
Industry sector
No data available.
Asset type
1Asia Pacific ex Japan Fixed Interest31.1%
2Europe ex UK Fixed Interest19.2%
3North American Fixed Interest13.3%
4Europe ex UK Equities12.8%
5North American Equities11%
6Money Market10.9%
7UK Equities5.6%
8Japanese Equities1.9%
9Global Emerging Market Equities0.8%
Individual holdings
1ENEL SPA1.4%
2IMPERIAL BRANDS PLC1.2%
3NIPPON TELEGRAPH & TELEPHONE CORP1.2%
4SNAM SPA1.2%
5ALPHABET INC1.1%
6GLAXOSMITHKLINE1.1%
7RAYTHEON CO1.1%
8ASTELLAS PHARMA INC1%
9MARINE HARVEST ASA1%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to achieve capital growth in excess of its benchmark by investing in a global portfolio of assets. The Fund will primarily invest in Debt Securities (which may include Below-Investment Grade Bonds and Unrated Securities), Convertible Bonds, Equity securities (which may include smaller companies) and short-term securities.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Equity, Fixed Interest, Money Market
Fund managers
NameSinceBiography
Neill Nuttall30/09/2008Neill Nuttall is Chief Investment Officer and head of the Global Multi-Asset Group (""GMAG"") based in London, with particular responsibility for global tactical asset allocation, total return and convertible bond portfolios. He is a member of the Global Strategy Team, responsible for deciding asset allocation for the GMAG's balanced portfolios. An employee since 1984, prior to joining the GMAG he worked for Jardine Fleming in Hong Kong as head of currency, Asian fixed income and convertible bond management, and more recently as a qualitative portfolio manager in the Currency Group in London. Previously, he worked for Standard Chartered Bank in Hong Kong and Thailand. Neill obtained a BA (Hons) in Politics from the University of Exeter
Talib Sheikh30/09/2008Talib is a portfolio manager for the Multi-Asset Solutions Group, based in London. He is primarily responsible for managing total return portfolios and is a member of the Global Strategy Team which establishes broad macroeconomic themes that are reflected across all portfolios managed globally by the team. Talib has managed balanced and tactical asset allocation overlay accounts since 2002. An employee since 1998, he was previously an Assistant Portfolio Manager in the derivatives implementation team in London. He is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife JPM Global Macro Balanced Pn PS4
Initial charge-
Annual charge0.63%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price105.5
Offer price111
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBYX2
Canlife JPM Global Macro Balanced Pn PS5
Initial charge-
Annual charge0.63%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.81%
Total expense ratio (TER)0.81%
Bid price99
Offer price99
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4RD
Data provided by

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