Fact sheet: Coutts UK Sovgn Bd Idx Prog

Fund information
Fund name
Coutts UK Sovereign Bond Index Program S1
Fund manager company
Coutts & Co (IRL)
Fund type
No data available.
Fund manager
  • State Street Global Advisorssince 01/03/1979
Fund objective
To generate income, while providing a measure of capital protection in the long term and an adequate spread of risk, by investing in interest bearing or accruing securities. At least 67% of the net assets of the Programme are invested in sterling denominated bonds that do not have an equity component.
Benchmark
  • FTSE UK Gilts All Stocks Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Fixed Interest
Quick stats
1 Year return
7.5%
1 Year rank in sector
5/19
Sector
FO Fixed Int - GBP
Yield
2.2%
Fund size
£259m
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.
52
Top in this sector
Fund name1 Year
Fidelity Flexible Bond9%
Coutts Cayman Fdr UK Sovgn Bd7.9%
Wellington Stg Core Bd Plus7.6%
Royal London Stg ExYdBd7.6%
Coutts UK Sovgn Bd Idx Prog7.5%
...more in FO Fixed Int - GBP

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%-6.7%1%7.5%21.4%21.8%
Sector-1.4%-4.5%2.5%6.5%18.4%29.8%
Rank within sector16 / 2218 / 2214 / 205 / 194 / 2013 / 19
Quartile3rd4th3rd2nd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund7.8%-0.1%13.2%-4.6%2.1%
Sector7.1%0.3%10.4%-0.4%6.9%
Rank within sector8 / 1911 / 195 / 1917 / 1817 / 18
Quartile2nd3rd2nd4th4th
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.
-1.21
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.
1.37
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.
0.38
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%.
7.5
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.
3.72
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.
0.18
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 high17.2
52 week low14.79
Current bid price-
Current offer price-
Current mid price15.76
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Coutts
Fund manager company
Coutts & Co (IRL)
Fund type
No data available.
Fund objective
To generate income, while providing a measure of capital protection in the long term and an adequate spread of risk, by investing in interest bearing or accruing securities. At least 67% of the net assets of the Programme are invested in sterling denominated bonds that do not have an equity component.
Benchmark
  • FTSE UK Gilts All Stocks Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Fixed Interest
Fund manager
NameSinceBiography
State Street Global Advisors01/03/1979State Street Global Advisors (SSgA), one of the industry's largest institutional asset managers, is the investment management arm of State Street Bank and Trust Company, a wholly owned subsidiary of State Street Corporation, a leading provider of financial services to institutional investors.They employ a diverse group of investment professionals within our 26 worldwide locations and 10 investment centers. As an organization, they are committed to corporate social responsibility. Active engagement with our communities around the world, both as a partner and a leader, is a fundamental value at State Street.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, FE Passive Rateable, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong, Ireland, Offshore, Singapore
Coutts UK Sovereign Bond Index Program S1
Initial charge2.5%
Annual charge2%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.76
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNW57
Coutts UK Sovereign Bond Index Program S2
Initial charge-
Annual charge0.65%
Min single investment£250,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.82
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeCM17
Coutts UK Sovereign Bond Index Program S3
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.86
CurrencyGBP
Price updated30/04/2013
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAGV1
Coutts UK Sovereign Bond Index Program S4
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBP
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeCUP8
Coutts UK Sovereign Bond Index Program S5
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price15.94
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeAGV0
Coutts UK Sovereign Bond Index Program S6 GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.34
CurrencyGBP
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeEMB5
Coutts UK Sovereign Bond Index Program S7
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.08
CurrencyGBP
Price updated24/03/2011
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAGW9
Data provided by

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