Fact sheet: FL MyM Kames Sterling Corp Bd Pn

Fund information
Fund name
FL MyM Kames Sterling Corporate Bond Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Iain Bucklesince 01/10/2009
  • David Robertssince 22/03/2004
Underlying fund
Kames Sterling Corp Bond
Fund objective
The investment objective is to maximise total return (income plus capital).
Benchmark
  • IA Sterling Corporate Bond
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8.2%
1 Year rank in sector
183/264
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£0m
Top in this sector
Fund name1 Year
AEGON Long Core Plus Pn16.8%
OMW IPL L&G AAA CrpBdOv15YIx Pn16.3%
BlackRock DC AqOv 15 YCrp BdIx HP16%
MetLife Fid Corp Bd 20yr Pn15.5%
FL TEActv Bln Bd IE15.2%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK57%
    USA14%
    Jersey5.3%
    Not Specified5.2%
    Netherlands2.8%
  • Others37.6%
    Financials30%
    Mortgage & Secured Bonds14.7%
    Government Bills9.4%
    Government Bonds2.4%
  • UK Fixed Interest68.3%
    US Fixed Interest14%
    Dutch Fixed Interest2.8%
    American Emerging Fixed Interest2.7%
    French Fixed Interest2.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%2.8%2.3%8.2%--
Sector1%3.5%2.3%9.2%20%38.1%
Rank within sector203 / 267203 / 266158 / 265183 / 264--
Quartile4th4th3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.8%8.1%---
Sector2.3%9.4%0.2%10.5%1%
Rank within sector220 / 265191 / 261---
Quartile4th3rd
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high111.29
52 week low101.41
Current bid price-
Current offer price-
Current mid price109.73
Region
1UK57.01%
2USA13.97%
3Jersey5.34%
4Not Specified5.21%
5Netherlands2.8%
6Cayman Islands2.71%
7France2.43%
8Ireland2.32%
9Money Market1.85%
Industry sector
1Others37.6%
2Financials30%
3Mortgage & Secured Bonds14.7%
4Government Bills9.4%
5Government Bonds2.4%
6Asset/Mortgage-Backed Securities2.3%
7Government Agency Bonds2.3%
8Money Market1.3%
Asset type
1UK Fixed Interest68.35%
2US Fixed Interest13.97%
3Dutch Fixed Interest2.8%
4American Emerging Fixed Interest2.71%
5French Fixed Interest2.43%
6Irish Fixed Interest2.32%
7Money Market1.85%
8German Fixed Interest1.51%
9Australian Fixed Interest1.35%
Individual holdings
1TREASURY 1.875% IDX LKD GILT 22/11/22 GBP3.67%
2TREASURY 1.5% GILT 22/07/26 GBP0.013.05%
3TRANSPORT FOR LONDON 2.25% NTS 09/08/22 GBP1000001.83%
4TREASURY 4.5% GILT 7/9/2034 GBP0.011.58%
5AA BOND CO LTD 6.269% BDS 31/07/25 GBP1000001.52%
6ANNINGTON FINANCE NO 4 8.07% ASST BCKD NTS 10/1/23 GBP100001.38%
7APT PIPELINES LTD 3.5% BDS 22/03/30 GBP1000001.35%
8WHITE CITY PROPERTY FINANCE 5.1202% COM MTG FXD NT 17/04/35 GBP500001.29%
9KREDITANSTALT FUER WIEDERAUFBAU KFW 1.0% BDS 07/12/17 GBP10001.19%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
The investment objective is to maximise total return (income plus capital).
Benchmark
  • IA Sterling Corporate Bond
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Iain Buckle01/10/2009Iain Buckle is an investment manager in the Fixed Income team with responsibility for credit analysis, particularly securitised and structured finance assets. Iain is the co-manager of several funds with a primary focus on sterling credit mandates. His funds include the Kames Sterling Corporate Bond Fund, core pooled and segregated mandates and funds included in our ethical bond franchise. As an experienced fund manager Iain is responsible for overseeing the institutional pooled and buy-and-hold portfolios managed across the team. Iain joined us in 2000 from Baillie Gifford where he was a fixed income analyst. He studied Economics at Heriot Watt University and has completed the CFA programme.
David Roberts22/03/2004David Roberts is Head of Fixed Income and responsible for managing the fixed income team. In addition, he co-manages several funds including the flagship Kames Strategic Bond Fund, and has responsibility for overseeing cash and derivative management for the majority of Kames Capital’s clients. David joined us in 2004 from Britannic Asset Management where he was Head of Credit. He worked in the banking sector for a decade before moving into asset management. David studied Economics and Industrial Relations at the University of Strathclyde and has an MSc in Investment Analysis from the University of Stirling.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL MyM Kames Sterling Corporate Bond Pn
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 price109.73
CurrencyGBX
Price updated26/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeMP9O
Data provided by

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