Fact sheet: SIP BG Corporate Bd Pn

Fund information
Fund name
SIP Baillie Gifford Corporate Bond Pn S8
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund managers
  • Stephen Rodgersince 31/08/2000
  • Torcail Stewartsince 17/06/2010
Underlying fund
Baillie Gifford Corp Bd
Fund objective
The Fund aims to produce a high level of monthly income by investing primarily in a diversified portfolio of investment grade and sub-investment grade fixed interest securities denominated in sterling or denominated in currencies other than sterling and hedged back to sterling. Currency forwards and derivatives may be used from time to time in keeping with the Fund’s objective with the intention of either protecting or enhancing the return on the Fund. No more than 10% in value of the property of the Fund will be invested in units of other collective investment schemes.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.2%
1 Year rank in sector
15/168
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£0m (£0m 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.
35
Bid price
185.4
Top in this sector
Fund name1 Year
Canlife AXA Fram Mgd Inc Pn9.3%
AXA Wealth AXA Fram Mgd Inc Pn9.3%
OMW AXA Framlington Mgd Inc9.2%
FL Artemis Stra Bd AP8.2%
Aviva Higher Inc Plus Pn7.8%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK97.8%
    Money Market2.2%
  • Insurance19.3%
    Media11.1%
    Asset/Mortgage-Backed Securities10.3%
    Telecommunications7.7%
    Energy5.5%
  • UK Fixed Interest97.8%
    Money Market2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-2.8%4.1%7.2%19.9%51.8%
Sector-0.5%-1.6%2.7%4.9%12.8%38.8%
Rank within sector38 / 172131 / 17235 / 17215 / 1689 / 15523 / 143
Quartile1st4th1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund7.9%0.8%10.9%4.2%19%
Sector5.6%0.7%5.6%5.9%15.8%
Rank within sector16 / 16883 / 1633 / 155107 / 15143 / 143
Quartile1st3rd1st3rd2nd
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.
0.6
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.
1.37
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.
0.53
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%.
4.95
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.
2.55
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.
0.79
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.
0.79
Price movement
52 week high191.4
52 week low166.1
Current bid price185.4
Current offer price-
Current mid price-
Region
1UK97.8%
2Money Market2.2%
Industry sector
1Insurance19.3%
2Media11.1%
3Asset/Mortgage-Backed Securities10.3%
4Telecommunications7.7%
5Energy5.5%
6Financial Services5.5%
7Others5%
8Real Estate4.4%
9Utilities4%
Asset type
1UK Fixed Interest97.8%
2Money Market2.2%
Individual holdings
1BERTELSMANN 3.5% UNDATED BDS EUR1000003.1%
2PENSION INSURANCE CORP PLC 6.5% SUBORD NTS 03/07/24 GBP1000002.8%
3ZIGGO FINANCE BV 4.625% NTS 15/01/25 EUR100000 144A2.7%
4SUBSEA 7 1% 2017 CONVERTIBLE2.5%
5ADMIRAL GROUP PLC 5.5% SUB NTS 25/07/24 GBP1000002.3%
6TELEREAL SECURITISATION 6.1645% AST BKD BDS 10/12/31 GBP1000`B4`2.3%
7DP WORLD LTD 6.85% NTS 02/07/37 USD100000 `144A`2.2%
8GLOBAL SWITCH HLDGS LTD 4.375% MTN 13/12/22 GBP1000002.2%
9RSA INSURANCE GROUP PLC 5.125% BDS 10/10/45 GBP1000002.2%
Management
Fund manager group
Sanlam
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund objective
The Fund aims to produce a high level of monthly income by investing primarily in a diversified portfolio of investment grade and sub-investment grade fixed interest securities denominated in sterling or denominated in currencies other than sterling and hedged back to sterling. Currency forwards and derivatives may be used from time to time in keeping with the Fund’s objective with the intention of either protecting or enhancing the return on the Fund. No more than 10% in value of the property of the Fund will be invested in units of other collective investment schemes.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Stephen Rodger31/08/2000Stephen graduated BSc (Hons) in Management Science from the University of St Andrews in 1990 and an MA in Accounting and Finance from the London School of Economics in 1994. He joined Baillie Gifford in 2000 and is Head of the Credit Team. Stephen became a Partner in 2008.
Torcail Stewart17/06/2010Torcail graduated BA in Geography from Cambridge University in 2002 and with an M.Phil in Management, Economics and International Relations from the University of St Andrews in 2005. From 2006 to 2008 he worked as an Investment Analyst for the Alliance Trust’s UK Large Cap equity fund. Torcail is a member of the UK Society of Investment Professionals (UKSIP). He joined Baillie Gifford in 2008 and is an Investment Manager in the Credit Team.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SIP Baillie Gifford Corporate Bond Pn S6
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price167.9
Offer price176.7
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeO571
SIP Baillie Gifford Corporate Bond Pn S7
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price172.1
Offer price-
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeO577
SIP Baillie Gifford Corporate Bond Pn S8
Initial charge-
Annual charge0.73%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price185.4
Offer price-
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO482
Data provided by

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