Fact sheet: Equitable Money Pn

Fund information
Fund name
Equitable Money Pn
Fund manager company
Equitable Life Assur Society
Fund type
Pension Fund
Fund managers
  • Money Markets Teamsince 30/06/1985
Underlying fund
Aberdeen Liquidity (L) Stg
Fund objective
The fund’s investment objective is to invest in short term deposit instruments and preserve capital.
Benchmark
  • ABI Money Market
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-
1 Year rank in sector
107/243
Sector
PN Money Market
Yield
-
Fund size
£98m (£63m last year)
Bid price
485.9
Offer price
508.8
Top in this sector
Fund name1 Year
Phoenix Fixed Int Individual Pn11%
Zurich BlackRock EurLiq Fst Pn9.7%
ReAssure HL FxIntPn Stf Pn6.1%
ReAssure HL FxIntPnStf LS Pn6.1%
Phoenix Prop Old Bldg Society Pn4.8%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • France20.2%
    Japan17%
    Germany13.2%
    Qatar7.9%
    Australia7.7%
  • Financials72.3%
    Others23.4%
    Government Bonds3.2%
    Mortgage & Secured Bonds0.7%
    Industrials0.4%
  • Money Market102.4%
    UK Corporate Fixed Interest0.4%
    German Corporate Fixed Interest0.2%
    South Korean Corporate Fixed Interest0.1%
    French Corporate Fixed Interest0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0%-0%-0.1%0.2%
Sector-0%0.1%0%0.8%1.1%1.7%
Rank within sector174 / 248154 / 248148 / 245107 / 24396 / 22693 / 215
Quartile3rd3rd3rd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0%0%0%0%-0%
Sector0%0.7%0%0.4%0.2%
Rank within sector157 / 247100 / 24193 / 22992 / 226135 / 220
Quartile3rd2nd2nd2nd3rd
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.
0.04
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.
-0.01
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%.
0.03
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.
0.27
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.
-1.22
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.
0.02
Price movement
52 week high486.2
52 week low485.9
Current bid price485.9
Current offer price508.8
Current mid price-
Region
1France20.2%
2Japan17.05%
3Germany13.25%
4Qatar7.87%
5Australia7.7%
6United Arab Emirates6.75%
7UK6.25%
8Sweden5.44%
9Netherlands4.57%
Industry sector
1Financials72.34%
2Others23.41%
3Government Bonds3.19%
4Mortgage & Secured Bonds0.71%
5Industrials0.35%
Asset type
1Money Market102.43%
2UK Corporate Fixed Interest0.36%
3German Corporate Fixed Interest0.21%
4South Korean Corporate Fixed Interest0.13%
5French Corporate Fixed Interest0.01%
6Supranational Fixed Interest0.01%
7Cash & Cash Equivalents-3.14%
Individual holdings
1MIZUHO CORP BK FD 0.22PCT 31JAN17 01FEB17 GBP3.1%
2DZ BK GENOSSN FD 0.190PCT 31JAN17 01FEB17 GBP2.5%
3NORDEA BANK AB CD 0.35PCT 04NOV16 06FEB17 GBP1.4%
4NTL ABU DHABI FD 0.22PCT 31JAN17 01FEB17 GBP1.4%
5SUMITOMO MITSUI BK CD ZCP 01FEB17 02MAY17 GBP1.4%
6HSBC BANK PLC CP ZCP 16MAY16 16FEB17 GBP1.3%
7LLOYDS BK PLC FRN 2.210PCT 22MAR18 GBP1.1%
Management
Fund manager group
Equitable Life Assur Society
Fund manager company
Equitable Life Assur Society
Fund type
Pension Fund
Fund objective
The fund’s investment objective is to invest in short term deposit instruments and preserve capital.
Benchmark
  • ABI Money Market
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Money Markets Team30/06/1985
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Equitable Money Pn
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.5%
Bid price485.9
Offer price508.8
Mid price-
CurrencyGBX
Price updated17/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeEU41
Data provided by

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