Fact sheet: Halifax Money Pension

Fund information
Fund name
Halifax Money Pension
Fund manager company
Halifax Life Ltd
Fund type
Pension Fund
Fund managers
  • Money Markets Teamsince 21/09/2014
  • Andrew Dickinsonsince 21/09/2014
No data available.
Fund objective
The investment is in short-term deposit instruments, thus allowing sufficient liquidity in a fund that is principally a short-term investment vehicle for investors when switching between equity funds.
Benchmark
  • LIBID GBP 7 Day
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-
1 Year rank in sector
111/241
Sector
PN Money Market
Yield
-
Fund size
£89m (£95m last year)
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn19.3%
ReAssure HL FxIntPn Stf Pn7.4%
ReAssure HL FxIntPnStf LS Pn7.4%
Phoenix Fixed Int Individual Pn6.6%
Phoenix Prop Old Bldg Society Pn4.9%
...more in PN Money Market

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-----0.6%-1.2%
Sector-0.1%-0.1%0.3%0.5%1%1.5%
Rank within sector56 / 24987 / 246108 / 247111 / 241155 / 226152 / 213
Quartile1st2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund--0.1%-0.4%-0.4%-0.2%
Sector0.5%0%0.4%0.2%0.3%
Rank within sector112 / 242148 / 229166 / 226168 / 220167 / 213
Quartile2nd3rd3rd4th4th
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.
-0.2
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.
0.02
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%.
0.11
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.
0.28
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.
-1.93
Price movement
52 week high136.3
52 week low136.3
Current bid price-
Current offer price-
Current mid price136.3
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Halifax Life
Fund manager company
Halifax Life Ltd
Fund type
Pension Fund
Fund objective
The investment is in short-term deposit instruments, thus allowing sufficient liquidity in a fund that is principally a short-term investment vehicle for investors when switching between equity funds.
Benchmark
  • LIBID GBP 7 Day
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Money Markets Team21/09/2014
Andrew Dickinson21/09/2014Andrew Dickinson, Director, is Head of the Short Duration and Off-shore Cash Management teams. Andrew joined Credit Suisse in 1994 and worked in equities for the Private Bank in London, moving to fixed income management in Asset Management in 1996. Andrew's experience includes risk management and portfolio management of long duration and multi-currency portfolios, in addition to his current focus on the short end of the yield curve. Andrew earned a BA (Hons) in Economics and Information Technology from the University of Western England
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Halifax Money Pension
Initial charge-
Annual charge0.9%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price136.3
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHZ42
Halifax Money Pension Dual
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price486.3
Offer price486.3
Mid price-
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeHZ41
Halifax Money Pension Stake
Initial charge-
Annual charge1.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106.9
CurrencyGBX
Price updated02/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeH064
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.