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
0%
1 Year rank in sector
102/241
Sector
PN Money Market
Yield
-
Fund size
£104m (£53m last year)
Bid price
486
Offer price
508.9
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn16.2%
ReAssure HL FxIntPn Stf Pn9.9%
ReAssure HL FxIntPnStf LS Pn9.9%
Phoenix Fixed Int Individual Pn6.6%
Phoenix Prop Old Bldg Society Pn4.8%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • UK28.9%
    France14.8%
    Australia9.8%
    Germany7.7%
    Japan6.3%
  • Financials73.2%
    Others25.5%
    Government Bonds0.8%
    Industrials0.3%
    Mortgage & Secured Bonds0.2%
  • Money Market99.6%
    UK Corporate Fixed Interest0.2%
    Supranational Fixed Interest0.1%
    Norwegian Corporate Fixed Interest0%
    German Corporate Fixed Interest0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0%-0%0%0.1%0.2%
Sector-0.1%-0.1%0.3%0.5%1%1.5%
Rank within sector171 / 249155 / 246158 / 247102 / 24196 / 22691 / 213
Quartile3rd3rd3rd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund0%0%0%-0%0.1%
Sector0.5%0%0.4%0.2%0.3%
Rank within sector102 / 24292 / 22992 / 226135 / 22097 / 213
Quartile2nd2nd2nd3rd2nd
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.
0.26
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.
-1.13
Price movement
52 week high486.2
52 week low485.8
Current bid price486
Current offer price508.9
Current mid price-
Region
1UK28.92%
2France14.78%
3Australia9.79%
4Germany7.66%
5Japan6.33%
6Canada5.49%
7Netherlands5.12%
8Qatar4.94%
9United Arab Emirates4.26%
Industry sector
1Financials73.18%
2Others25.47%
3Government Bonds0.8%
4Industrials0.34%
5Mortgage & Secured Bonds0.22%
Asset type
1Money Market99.55%
2UK Corporate Fixed Interest0.22%
3Supranational Fixed Interest0.08%
4Norwegian Corporate Fixed Interest0.05%
5German Corporate Fixed Interest0.04%
6Swedish Corporate Fixed Interest0.03%
7Canadian Corporate Fixed Interest0.02%
8French Corporate Fixed Interest0.02%
9Cash & Cash Equivalents-0%
Individual holdings
1UK DEBT MGMT FD 0.1PCT 31OCT16 01NOV16 GBP6.8%
2MIZUHO CORP BK FD 0.22PCT 31OCT16 01NOV16 GBP3.6%
3BK OF TOKYO MIT FD 0.16PCT 31OCT16 1NOV16 GBP3.2%
4SUMITOMO MIT BK FD .22PCT 31OCT16 01NOV16 GBP3.1%
5NTL ABU DHABI FD 0.22PCT 31OCT16 01NOV16 GBP2%
6LANDESBANK HESSEN CD.22PCT 27OCT16 3NOV16 GBP1.7%
7BNP LD BRNH CD 0.3PCT 07OCT16 07DEC16 GBP1.2%
8HSBC BANK PLC CP ZCP 16MAY16 16FEB17 GBP1.2%
9LLOYDS BANK PLC FRN 0.804PCT 16JAN17 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 price486
Offer price508.9
Mid price-
CurrencyGBX
Price updated05/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeEU41
Data provided by

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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.