Fact sheet: Euro Liquidity

Fund information
Fund name
Euro Liquidity 1 EUR
Fund manager company
Standard Life Investment
Fund type
OEIC
Fund managers
  • Gordon Lowsonsince 01/07/2014
Fund objective
The Euro Liquidity Fund aims to maximise current income, consistent with the preservation of principal and liquidity by investing in a diversified portfolio of high quality Euro denominated short term debt and debt related instruments. Investments can include fixed or floating rate instruments, certificates of deposit, freely transferable promissory notes, debentures, asset-backed securities or bonds.
Benchmark
  • LIBID EURO 7 Day
Investment style
Liquidity,Capital Protection Targeted
Investment method
Deposits
Quick stats
1 Year return
-0.3%
1 Year rank in sector
40/57
Sector
FO Currency - Euro
Yield
-0.4%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.11%
Fund size
£185m
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.
62
Top in this sector
Fund name1 Year
Amundi Abs Euro Taux Court2.6%
BNP Paribas Sht Tm Eurpn Secrtn1.1%
DB Platinum IV Dync Csh1%
Petercam L Liq EUR&FRN0.8%
Amundi 12 M0.8%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Call Deposit41.3%
    Commercial Paper24.9%
    Certificates of Deposit18.2%
    Floating Rate Notes7.7%
    Fixed Interest Deposit4.8%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.1%-0.2%-0.3%-0.3%0.3%
Sector-0.1%-0.2%-0.2%-0.2%-0.1%0.3%
Rank within sector40 / 5932 / 5835 / 5840 / 5737 / 5417 / 43
Quartile3rd3rd3rd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-0.2%-0.2%0.1%0%0.4%
Sector-0.2%-0.1%0.1%0%0.3%
Rank within sector39 / 5839 / 5428 / 5317 / 5015 / 45
Quartile3rd3rd3rd2nd2nd
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.
-0.1
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.
0.2
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%.
0.05
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.
0.1
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.
-1.1
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.
0.22
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1Money Market100%
Industry sector
1Call Deposit41.29%
2Commercial Paper24.92%
3Certificates of Deposit18.21%
4Floating Rate Notes7.69%
5Fixed Interest Deposit4.79%
6Asset Backed Commercial Paper3.1%
Asset type
1Money Market100%
Individual holdings
No data available.
Management
Fund manager group
No data available.
Fund manager company
Standard Life Investment
Fund type
OEIC
Fund objective
The Euro Liquidity Fund aims to maximise current income, consistent with the preservation of principal and liquidity by investing in a diversified portfolio of high quality Euro denominated short term debt and debt related instruments. Investments can include fixed or floating rate instruments, certificates of deposit, freely transferable promissory notes, debentures, asset-backed securities or bonds.
Benchmark
  • LIBID EURO 7 Day
Investment style
Liquidity,Capital Protection Targeted
Investment method
Deposits
Fund managers
NameSinceBiography
Gordon Lowson01/07/2014
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
Euro Liquidity 1 EUR
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.11%
Total expense ratio (TER)0.11%
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBTN6
Euro Liquidity 2 EUR
Initial charge-
Annual charge0.1%
Min single investment£5,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.06%
Total expense ratio (TER)0.11%
Bid price-
Offer price-
Mid price1
CurrencyEUR
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBTN7
Euro Liquidity 3 EUR
Initial charge-
Annual charge0.15%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA1AM
Euro Liquidity 4 EUR
Initial charge-
Annual charge0.2%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA1AN
Euro Liquidity 5 EUR
Initial charge-
Annual charge0.25%
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA1AO
Euro Liquidity 7 EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.13%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyEUR
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGZNF
Data provided by

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