Fact sheet: Canlife Money ML Pn

Fund information
Fund name
Canlife Money ML Pn PS2 Acc
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund managers
  • Steve Matthewssince 01/04/2007
No data available.
Fund objective
The Fund aims to provide a return in line with that achievable from short term money markets. The fund achieves this through holding highly rated short dated bank deposits and other money market instruments.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
Certificate of Deposit, Deposits, Floating Rate Notes, Short Dated Bonds
Quick stats
1 Year return
0.1%
1 Year rank in sector
96/246
Sector
PN Money Market
Yield
-
Fund size
£2m (£3m last year)
Bid price
332.2
Offer price
349.6
Top in this sector
Fund name1 Year
ReAssure HL FxIntPn Stf Pn11.3%
ReAssure HL FxIntPnStf LS Pn11.3%
Phoenix Fixed Int Individual Pn9.9%
Zurich BlackRock EurLiq Fst Pn5.7%
Phoenix Prop Old Bldg Society Pn4.7%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Floating Rate Notes36.8%
    Certificates of Deposit19.8%
    Cash Deposits15.7%
    Cash Funds14%
    Short Dated Bonds13.7%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund---0.1%0.1%0.1%
Sector-0%0%-0%0.5%1.1%1.6%
Rank within sector64 / 24985 / 24992 / 24796 / 24695 / 22991 / 216
Quartile2nd2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0%0%0%0%
Sector0%0.7%0%0.4%0.2%
Rank within sector89 / 249105 / 24296 / 23090 / 22692 / 220
Quartile2nd2nd2nd2nd2nd
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.
0.01
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.
0.05
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.
-
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%.
0.05
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.
0.26
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.
-1.33
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.
0.08
Price movement
52 week high332.2
52 week low332
Current bid price332.2
Current offer price349.6
Current mid price-
Region
1Money Market100%
Industry sector
1Floating Rate Notes36.8%
2Certificates of Deposit19.8%
3Cash Deposits15.7%
4Cash Funds14%
5Short Dated Bonds13.7%
Asset type
1Money Market100%
Individual holdings
1SANTANDER UK PLC9.6%
2AUSTRALIA (COMMONWEALTH BANK OF)9.2%
3LLOYDS BANKING GROUP PLC8.9%
4NATIONAL AUSTRALIA BANK7.4%
5STANDARD CHARTERED6.5%
6DEUTSCHE STERLING MMF6.4%
7BARCLAYS BANK PLC 5.25% NTS 27/05/14 EUR500006.1%
8TORONTO-DOMINION BANK5.8%
9ROYAL BANK OF CANADA5.4%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to provide a return in line with that achievable from short term money markets. The fund achieves this through holding highly rated short dated bank deposits and other money market instruments.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
Certificate of Deposit, Deposits, Floating Rate Notes, Short Dated Bonds
Fund managers
NameSinceBiography
Steve Matthews01/04/2007Steve joined Canada Life Investments in 1996 and took on responsibility for the cash funds in 2002. Since 2002, Steve’s role has expanded to encompass managing on balance sheet assets and providing liquidity coverage for Canada Life and its subsidiaries. Steve is a fellow of the Chartered Institute for Securities and Investments.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife Money ML 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 price697.3
Offer price697.3
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeML11
Canlife Money ML 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 price179.8
Offer price179.8
Mid price-
CurrencyGBX
Price updated20/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeML12
Canlife Money ML Pn PS2
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price332.2
Offer price349.6
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeML26
Canlife Money ML 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 price332.2
Offer price349.6
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMU20
Canlife Money ML 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 price128.3
Offer price135
Mid price-
CurrencyGBX
Price updated20/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeMU16
Data provided by

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