Fact sheet: Canlife Strategic Return Pn

Fund information
Fund name
Canlife Strategic Return Pn PS4
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund managers
  • Bryan Beltonsince 29/06/2014
  • Edward Qiansince 29/06/2014
No data available.
Fund objective
A globally diversified multi-asset fund that aims to achieve a positive return through varying market environments while maintaining a moderate level of volatility. The fund aims to achieve a positive return of cash + 5% pa that is independent of prevailing economic or market conditions over a medium to long term rolling period of at least five years whilst maintaining a moderate level of volatility. Capital is at risk and there is no guarantee that a positive return will be delivered over that or any time period.
Benchmark
  • BBA Libor 1 Month GBP
Investment style
Flexible,Absolute Return
Investment method
Mixed
Quick stats
1 Year return
8.2%
1 Year rank in sector
235/510
Sector
PN Specialist
Yield
-
Fund size
£0m
Bid price
99.4
Offer price
104.6
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus38.7%
ReAssure AL NptRu&GtrRus Pn38.2%
L&G Nep Russia&Gtr Russia Pn38%
SIP Fidelity Gbl Technology Pn34.2%
OMW InvescoPerpetualEmgEurpn33.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • International Equities44.5%
    Global Fixed Interest35.9%
    Global Index Linked14.6%
    Others5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.6%-6%2.1%8.2%--
Sector-1.8%-0.3%7.2%8.4%19.9%43%
Rank within sector475 / 546522 / 544370 / 531235 / 510--
Quartile4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund9.5%----
Sector8.9%2%7.2%11%7.7%
Rank within sector213 / 514----
Quartile2nd
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high108.1
52 week low87
Current bid price99.4
Current offer price104.6
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1International Equities44.5%
2Global Fixed Interest35.94%
3Global Index Linked14.56%
4Others5%
Individual holdings
No data available.
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
A globally diversified multi-asset fund that aims to achieve a positive return through varying market environments while maintaining a moderate level of volatility. The fund aims to achieve a positive return of cash + 5% pa that is independent of prevailing economic or market conditions over a medium to long term rolling period of at least five years whilst maintaining a moderate level of volatility. Capital is at risk and there is no guarantee that a positive return will be delivered over that or any time period.
Benchmark
  • BBA Libor 1 Month GBP
Investment style
Flexible,Absolute Return
Investment method
Mixed
Fund managers
NameSinceBiography
Bryan Belton29/06/2014Bryan is a Director within PanAgora’s Multi Asset group. He is responsible for the daily management of PanAgora’s Risk Parity Multi Asset and Diversified Factor Premia portfolios. A CFA charterholder, he joined PanAgora as a Portfolio Manager in 2005 and has been in the investment industry since 1997. Prior to joining PanAgora, Bryan was the Investment Portfolio Officer at the Federal Home Loan Bank of Boston. In that role, he was responsible for actively managing and hedging all of the Bank’s long-term portfolios. He has an undergraduate degree in economics from Boston College and a master of finance from Northeastern University.
Edward Qian29/06/2014Chief Investment Officer and Head of Research, Multi Asset, PanAgora Asset Management. Edward is the Chief Investment Officer of Multi Asset Strategies and Head of Multi Asset Research for PanAgora. In this role, his primary responsibilities include investment research, portfolio management and oversight of PanAgora’s Multi Asset group. Edward, who joined PanAgora in 2005, is a CFA charterholder and has been in the investment industry since 1996. Along with a career in investment management, Edward has also had a career in academic research. He is recognized as one of the pioneers of the risk parity method of building portfolios, which forms the basis for the CF Canlife Strategic Return Fund.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife Strategic Return Pn PS4
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price99.4
Offer price104.6
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKI0Z
Canlife Strategic Return Pn PS5
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.74%
Total expense ratio (TER)-
Bid price106.1
Offer price106.1
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeMH6O
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.