Fact sheet: Canlife Property Pn

Fund information
Fund name
Canlife Property Pn PS2 Acc
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund managers
  • Michael Whitesince 31/05/1998
No data available.
Fund objective
To offer an excellent opportunity to participate in property investment with the advantages of steady rental income, plus capital change in line with property values. The fund invests primarily in first class office, retail and industrial properties in prime locations. The fund managers may also hold investments in other sectors, such as gilts or equities, if market conditions make such investments appropriate.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Physical
Quick stats
1 Year return
2.8%
1 Year rank in sector
39/159
Sector
PN UK Direct Property
Yield
-
Fund size
£250m (£233m 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.
59
Bid price
737.1
Offer price
775.8
Top in this sector
Fund name1 Year
Guardian Choices Property Pn10.4%
Guardian Property Pn10.4%
OMW IPL Aviva Lm Prp Pn8.9%
FL Property AP5.9%
FL GM Property Pension5.3%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • London32.5%
    South East UK25.5%
    South West UK15%
    Money Market12.9%
    Northern UK7.3%
  • Offices - Property36%
    Warehouse - Property19.6%
    Retail16.2%
    Industrials15.2%
    Money Market13%
  • Property87.1%
    Money Market12.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%7.5%-0.7%2.8%36.8%51.9%
Sector0.4%3%-2.5%-0.9%24.7%33.4%
Rank within sector133 / 16110 / 16045 / 15939 / 15916 / 15413 / 149
Quartile4th1st2nd1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund0.2%15%16.3%11.1%1%
Sector-1.8%9.7%14.3%6.9%1%
Rank within sector45 / 15920 / 15840 / 15417 / 15260 / 149
Quartile2nd1st2nd1st2nd
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.
-1.26
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.
1.57
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.
1.19
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%.
6.28
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.
3.7
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.
0.8
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.
0.74
Price movement
52 week high754.3
52 week low683.2
Current bid price737.1
Current offer price775.8
Current mid price-
Region
1London32.49%
2South East UK25.52%
3South West UK14.98%
4Money Market12.9%
5Northern UK7.32%
6Midlands6.27%
7North West UK0.52%
Industry sector
1Offices - Property36%
2Warehouse - Property19.6%
3Retail16.2%
4Industrials15.2%
5Money Market13%
Asset type
1Property87.1%
2Money Market12.9%
Individual holdings
1ARIEL HOUSE, LONDON (OFFICES)13.3%
2UNION BUILDING, LONDON EC1 (OFFICES)10.1%
3REGENT ARCADE, CHELTENHAM (RETAIL SHOPS)7.9%
41 - 6 LOMBARD STREET, LONDON (OFFICES)7.6%
5PHASE III CITY OFFICE PARK LEEDS (OFFICES)7.4%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
To offer an excellent opportunity to participate in property investment with the advantages of steady rental income, plus capital change in line with property values. The fund invests primarily in first class office, retail and industrial properties in prime locations. The fund managers may also hold investments in other sectors, such as gilts or equities, if market conditions make such investments appropriate.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Physical
Fund managers
NameSinceBiography
Michael White31/05/1998Michael has been with Canada Life Investments since 1986. As our Property Investment Director he devises the annual investment strategy for UK and Ireland property funds and leads the investment acquisition programme in finding suitable product to match the requirements of each individual fund. Michael is a professional member of the Royal Institution of Chartered Surveyors.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife Property 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 price2421
Offer price2421
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeML19
Canlife Property 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 price662
Offer price662
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeML20
Canlife Property 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 price737.1
Offer price775.8
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeML23
Canlife Property 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 price299.1
Offer price314.8
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeMU13
Canlife Property Pn PSC Acc
Initial charge-
Annual charge1.25%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1306
Offer price1374
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCF15
Canlife Property 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 price796.5
Offer price838.4
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCF24
Canlife Property 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 price293.4
Offer price308.8
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeYY83
Data provided by

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