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 01/07/1985
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
153/246
Sector
PN Money Market
Yield
-
Fund size
£96m (£61m 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.
1
Bid price
485.9
Offer price
508.8
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn9%
Phoenix Fixed Int Individual Pn8.5%
ReAssure HL FxIntPn Stf Pn7.8%
ReAssure HL FxIntPnStf LS Pn7.8%
Phoenix Prop Old Bldg Society Pn4.8%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • France18.4%
    Japan17.3%
    Germany11.7%
    Qatar8.3%
    Australia7.8%
  • Financials67.6%
    Others28.7%
    Government Bonds2.7%
    Mortgage & Secured Bonds0.7%
    Industrials0.4%
  • Money Market101.1%
    UK Corporate Fixed Interest0.4%
    German Corporate Fixed Interest0.2%
    French Corporate Fixed Interest0.2%
    South Korean Corporate Fixed Interest0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0%-0%-0%0.1%0.1%
Sector0%0.1%0.1%0.6%1.1%1.6%
Rank within sector176 / 249163 / 249149 / 246153 / 24696 / 22791 / 216
Quartile3rd3rd3rd3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0%0%0%0%-0%
Sector0.1%0.7%0%0.4%0.2%
Rank within sector157 / 249101 / 24294 / 23092 / 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.
-1.23
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
1France18.4%
2Japan17.29%
3Germany11.73%
4Qatar8.32%
5Australia7.8%
6United Arab Emirates6.99%
7Netherlands6.48%
8UK5.8%
9Sweden5.68%
Industry sector
1Financials67.58%
2Others28.7%
3Government Bonds2.66%
4Mortgage & Secured Bonds0.72%
5Industrials0.36%
Asset type
1Money Market101.14%
2UK Corporate Fixed Interest0.36%
3German Corporate Fixed Interest0.21%
4French Corporate Fixed Interest0.16%
5South Korean Corporate Fixed Interest0.13%
6Cash & Cash Equivalents-2.01%
Individual holdings
1DZ BK GENOSSN FD 0.190PCT 28FEB17 01MAR17 GBP3.8%
2MIZUHO CORP BK FD 0.22PCT 28FEB17 01MAR17 GBP3.7%
3SUMITOMO MIT BK FD .22PCT 28FEB17 01MAR17 GBP3.1%
4NATIXIS FD 0.22PCT 28FEB17 01MAR17 GBP3%
5LANDESBAMK HSSN FD 0.2PCT 28FEB17 01MAR17 GBP2.2%
6BK OF TOKYO MIT FD 0.1PCT 28FEB17 01MAR17 GBP2%
7NORDEA BANK AB CD 0.3PCT 06FEB17 08MAY17 GBP1.4%
8NTL BK ABU DHBI FD .22PCT 28FEB17 01MAR17 GBP1.4%
9SUMITOMO MITSUI BK CD ZCP 01FEB17 02MAY17 GBP1.4%
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 Team01/07/1985
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 updated24/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeEU41
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.