Fact sheet: Canlife Schroder UKSmCosPn

Fund information
Fund name
Canlife Schroder UK Smaller Companies Pn PS4 Acc
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund managers
  • Rosemary Banyardsince 27/08/2002
  • Andrew Broughsince 27/08/2002
Underlying fund
Schroder UK Smaller Companies
Fund objective
The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of smaller-sized UK companies. The fund has no bias to any particular industry. The companies will be in the bottom 10% by size of the UK market at the time of purchase. The small cap universe is an extensive, diverse and constantly changing area of the UK market. Smaller companies offer investors exposure to some niche growth areas that, often, cannot be accessed through large companies. They also tend to grow more rapidly than larger firms and can go on to become household names. Our investment approach centres on stock selection, which means we focus on each company's ability to create value for shareholders, rather than try to predict what will happen in the wider economic environment. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
27.2%
1 Year rank in sector
38/107
Sector
PN UK Smaller Companies
Yield
-
Fund size
£1m (£1m 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.
82
Bid price
443.9
Offer price
467.2
Top in this sector
Fund name1 Year
SIP Old Mut UK Sm Cos Pn33.1%
FL Old Mutual UK Sm Cos Pn33%
FL Schroder UK Sm Cos EP32.7%
OMW Prof Liontrust UK Sm Cos Pn31.5%
Zurich Schroder UK Sm Cos Pn31.4%
...more in PN UK Smaller Companies

Performance snapshot

Holdings snapshot

  • UK94.7%
    Money Market2.6%
    Israel1.5%
    Germany1%
    Jersey0.2%
  • Industrials25.9%
    Consumer Services16.9%
    Technology15.9%
    Financials13.6%
    Consumer Goods12.5%
  • UK Equities94.9%
    Money Market2.6%
    Israeli Equities1.5%
    German Equities1%
    Canadian Equities0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%13.7%13.3%27.2%27.2%120.4%
Sector3.1%11.9%12.9%24%26.3%102.8%
Rank within sector111 / 11325 / 11347 / 11138 / 10760 / 10331 / 96
Quartile4th1st2nd2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.6%12.2%20.3%-4.3%43.1%
Sector5.6%7.1%17.6%-2.3%37.9%
Rank within sector112 / 11318 / 10728 / 10665 / 10333 / 102
Quartile4th1st2nd3rd2nd
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.
0.85
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.
1.02
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.
0.39
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%.
12.72
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.
5.4
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.
0.15
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.
0.81
Price movement
52 week high448.4
52 week low341.6
Current bid price443.9
Current offer price467.2
Current mid price-
Region
1UK94.66%
2Money Market2.61%
3Israel1.47%
4Germany1%
5Jersey0.25%
6Canada0.02%
Industry sector
1Industrials25.92%
2Consumer Services16.88%
3Technology15.95%
4Financials13.57%
5Consumer Goods12.5%
6Health Care7.87%
7Money Market2.61%
8Basic Materials2.57%
9Oil & Gas2.14%
Asset type
1UK Equities94.9%
2Money Market2.61%
3Israeli Equities1.47%
4German Equities1%
5Canadian Equities0.02%
Individual holdings
1DART GROUP PLC2.37%
2LIONTRUST ASSET MANAGEMENT2.32%
3PHOTO-ME INTERNATIONAL2.23%
4CONSORT MEDICAL PLC2.1%
5MYSALE GROUP PLC1.95%
6AVON RUBBER1.89%
7E2V TECHNOLOGIES1.89%
8COHORT1.88%
9DIALIGHT1.88%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of smaller-sized UK companies. The fund has no bias to any particular industry. The companies will be in the bottom 10% by size of the UK market at the time of purchase. The small cap universe is an extensive, diverse and constantly changing area of the UK market. Smaller companies offer investors exposure to some niche growth areas that, often, cannot be accessed through large companies. They also tend to grow more rapidly than larger firms and can go on to become household names. Our investment approach centres on stock selection, which means we focus on each company's ability to create value for shareholders, rather than try to predict what will happen in the wider economic environment. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Rosemary Banyard27/08/2002Rosemary Banyard has over 20 years Fund Management experience, with an award winning track record of managing UK Equity mandates. Rosemary graduated with an MA degree in Classics from Clare College, Cambridge. She started her investment career as a graduate trainee with James Capel & Co Ltd specialising in textiles research and becoming the No.1 ranked sector analyst. After completing an MBA at London Business School, Rosemary moved into fund management, specialising in UK smaller companies, initially for John Govett & Co. In 1997, she moved to Schroders, where for more than 18 years she helped win and manage various UK small and mid-cap equity mandates for retail and institutional clients. Amongst these, she became lead manager of the Schroder UK Mid Cap Fund winning several awards from Investment Week for best trust in the UK Growth sector and in 2015, the award for outstanding industry contribution. In addition, she co-managed the open-ended Schroder UK Smaller Companies Fund and held FE Alpha Manager status, being ranked in the global top 20 in 2016 for her 10-year record. Also she successfully managed an unconstrained UK all-cap mandate for a UK corporate pension scheme. She joined Sanford DeLand in 2016 to launch and manage the CFP SDL Free Spirit Fund.
Andrew Brough27/08/2002Andy is Co-Head of our Pan European Small and Mid Cap Team. His investment career commenced in 1987 when he joined Schroders as a UK equity fund manager, becoming Co-Head of our UK Small Cap Team in 2002. He joined Price Waterhouse in 1985, where he qualified as a Chartered Accountant. He holds a Degree in Economics.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife Schroder UK Smaller Companies Pn PS4 Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.92%
Bid price443.9
Offer price467.2
Mid price-
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC571
Canlife Schroder UK Smaller Companies Pn PS5 Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.91%
Total expense ratio (TER)0.92%
Bid price135.3
Offer price135.3
Mid price-
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4SX
Data provided by

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