Fact sheet: Canlife UK Equity Inc Pn

Fund information
Fund name
Canlife UK Equity Income Pn PS4 Acc
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund manager
  • Craig Rippesince 01/03/2004
No data available.
Fund objective
The investment objective of the fund is to provide investors with a half yearly income and some capital growth mainly from investment in UK equities, providing an above average yield. Please note that this pension fund is an accumulation fund and income is reinvested to increase the value of units rather than distributed.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Equity, Fixed Interest
Quick stats
1 Year return
14.9%
1 Year rank in sector
191/225
Sector
PN UK Equity Income
Yield
-
Fund size
£12m (£7m 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.
85
Bid price
324.8
Offer price
341.8
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income49.5%
OMW IPLM&GGlLePn47.3%
FL Income Accumulation Pn37.3%
L&G Schroder Income Pn34.7%
OMW Schroder Income34.2%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK93.1%
    Money Market6.9%
  • Others85.6%
    Money Market6.9%
    Non-Cyclical Consumer Goods2.3%
    Financials2.2%
    Cyclical Services1.5%
  • UK Equities92.5%
    Money Market6.9%
    UK Fixed Interest0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%5.3%3.2%14.9%19.5%54.1%
Sector0.5%6.8%5.1%21.4%21.8%62.2%
Rank within sector48 / 231205 / 231167 / 229191 / 225136 / 205160 / 192
Quartile1st4th3rd4th3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund2.2%4.7%10%3.1%18.9%
Sector2.3%11.5%3.9%3.7%23.2%
Rank within sector117 / 231198 / 22518 / 220130 / 205175 / 197
Quartile3rd4th1st3rd4th
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.
0.37
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.
0.9
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.
0.35
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%.
8.91
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.
3.64
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.
-0.09
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.
0.84
Price movement
52 week high326
52 week low276.6
Current bid price324.8
Current offer price341.8
Current mid price-
Region
1UK93.1%
2Money Market6.9%
Industry sector
1Others85.6%
2Money Market6.9%
3Non-Cyclical Consumer Goods2.3%
4Financials2.2%
5Cyclical Services1.5%
6Basic Industries0.8%
7Utilities0.7%
Asset type
1UK Equities92.5%
2Money Market6.9%
3UK Fixed Interest0.6%
Individual holdings
1HSBC HLDGS0.7%
2BP0.6%
3ASTRAZENECA PLC0.4%
4BRITISH AMERICAN TOBACCO0.4%
5GBP CAPITAL CASH0.4%
6GT GROUP HLDGS LTD0.4%
7IMPERIAL BRANDS PLC0.4%
8ASHTEAD GROUP0.3%
9BBA AVIATION PLC0.3%
Management
Fund manager group
Canada Life
Fund manager company
Canada Life Ltd
Fund type
Pension Fund
Fund objective
The investment objective of the fund is to provide investors with a half yearly income and some capital growth mainly from investment in UK equities, providing an above average yield. Please note that this pension fund is an accumulation fund and income is reinvested to increase the value of units rather than distributed.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Equity, Fixed Interest
Fund manager
NameSinceBiography
Craig Rippe01/03/2004Craig joined Canada Life Investments in March 2004 and was appointed Head of UK Equities in March 2010. He previously managed income funds at Govett Investment Management Limited and prior to that worked at Deloitte Touche. Craig has a BSc in Mathematics from Warwick University. He is a Chartered Accountant and a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Canlife UK Equity Income Pn PS4 Acc
Initial charge-
Annual charge0.38%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.56%
Bid price324.8
Offer price341.8
Mid price-
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC515
Canlife UK Equity Income Pn PS5 Acc
Initial charge-
Annual charge0.38%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.47%
Total expense ratio (TER)0.56%
Bid price112.7
Offer price112.7
Mid price-
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM4TK
Data provided by

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