Fact sheet: Canlife JPM Stg Corp Bd Pn

Fund information
Fund name
Canlife JPM Sterling Corporate Bond Pn PS4 Acc
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund managers
  • Usman Naeemsince 30/09/2015
  • Andreas Michalitsianossince 14/08/2013
Underlying fund
JPM Sterling Corp Bd
Fund objective
The Fund's investment objective is to achieve a return based on a combination of income and capital growth by investing primarily in high quality Sterling denominated Bonds (or other Bonds hedged back to Sterling).
Benchmark
  • No Specified Index
Investment style
None
Investment method
No data available.
Quick stats
1 Year return
6.6%
1 Year rank in sector
140/260
Sector
PN Sterling Corporate 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.
38
Bid price
151.4
Offer price
159.3
Top in this sector
Fund name1 Year
MetLife Fid Corp Bd 20yr Pn14.3%
FL TEActv Bln Bd IE12.9%
OMW IPL L&G AAA CrpBdOv15YIx Pn12.1%
L&G PMC AAAAAA CpBd Ov15Y Id Pn12%
AEGON Long Core Plus Pn11.7%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • International96.5%
    Money Market3.5%
  • Financials31.1%
    Utilities17.2%
    Fixed Interest10.5%
    Transport8.3%
    Communications7.8%
  • Global Fixed Interest96.5%
    Money Market3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%-5.3%2.3%6.6%19.2%37.1%
Sector-1.3%-4.7%2.5%6.8%19%38.6%
Rank within sector136 / 265197 / 265166 / 265140 / 260113 / 235137 / 210
Quartile3rd3rd3rd3rd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund7.8%-0.5%11.2%1%12.1%
Sector7.7%0.2%10.5%1%13.5%
Rank within sector126 / 260196 / 24693 / 235118 / 226141 / 210
Quartile2nd4th2nd3rd3rd
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.
-0.73
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.
1.14
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%.
6.14
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.
1.11
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.
0.02
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 high161.4
52 week low139.1
Current bid price151.4
Current offer price159.3
Current mid price-
Region
1International96.5%
2Money Market3.5%
Industry sector
1Financials31.1%
2Utilities17.2%
3Fixed Interest10.5%
4Transport8.3%
5Communications7.8%
6Cyclical Consumer Goods7.2%
7Non-Cyclical Consumer Goods4.7%
8Money Market3.5%
9Capital Goods2.5%
Asset type
1Global Fixed Interest96.5%
2Money Market3.5%
Individual holdings
1EUROPEAN INVESTMENT BANK 5% BDS 15/4/2039 GBP10003%
2GOVERNMENT OF GERMANY 6.000 07/12/283%
3AVIVA 6.625% NTS 03/06/41 GBP1000001.5%
4CENTRICA PLC 4.375% NTS 13/03/29 GBP1000001.2%
5ENERGIAS DE PORTUGAL 8.625 04/01/241.2%
6SCOTIA GAS NETWORKS 4.875 05/10/231.2%
7EUROPEAN INVESTMENT BANK 6% BDS 7/12/2028 GBP10001.1%
8GATWICK AIRPORT 5.25% 23/01/241.1%
9GOVERNMENT OF FRANCE 6.250 30/05/281.1%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The Fund's investment objective is to achieve a return based on a combination of income and capital growth by investing primarily in high quality Sterling denominated Bonds (or other Bonds hedged back to Sterling).
Benchmark
  • No Specified Index
Investment style
None
Investment method
No data available.
Fund managers
NameSinceBiography
Usman Naeem30/09/2015
Andreas Michalitsianos14/08/2013Andreas Michalitsianos, vice president, is a member of the Global Fixed Income, Currency & Commodities (GFICC) group. Based in London, he is a portfolio manager within the European Investment Grade Corporate Credit Team and is responsible for managing credit exposure across client portfolios. An employee since 2002, Andreas previously worked as a portfolio manager in the Long Duration group in New York. He received a B.Sc. (Hons.) in biochemistry from the University of Warwick in England and is a CFA charterholder
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife JPM Sterling Corporate Bond Pn PS4 Acc
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.68%
Total expense ratio (TER)0.68%
Bid price151.4
Offer price159.3
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOI73
Canlife JPM Sterling Corporate Bond Pn PS5 Acc
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.68%
Total expense ratio (TER)0.68%
Bid price106.7
Offer price106.7
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4RG
Data provided by

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