Fact sheet: SIP Hend Nth Am Enhanced Eq Pn

Fund information
Fund name
SIP Henderson North American Enhanced Equity Pn S6
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund managers
  • Henderson Multi Strategy Equities Teamsince 01/01/2013
Underlying fund
Henderson Inst NtAmIdxOp
Fund objective
The Fund aims to deliver a return in excess of the FTSE customised North America Index, the “reference index”, (or such other index as may from time to time replace it) before management fees, while carefully controlling deviation from the reference index.The Fund will invest primarily in shares of North American companies included in the reference index. The Fund’s holdings are principally selected to replicate the components of the reference index. The index will not be identically replicated and this can lead to differences in performance. There are no restrictions on the size of the companies in which the Fund may invest. In addition to seeking to reflect the index, the fund manager will make use of investment strategies aimed at enhancing returns. These seek to generate returns based on differences in the prices of securities issued by, or associated with, companies that form part of the reference index. They can include, but are not limited to, liquidity strategies (investing in ‘blocks of stock’ at discounted prices), and relative value strategies (taking advantage of differences between the prices of securities related to the same company. Further details explaining the investment strategies are available on the Funds’ pages on our website (www.henderson.com).The Fund may invest the Scheme Property in transferable securities, money market instruments, derivatives and forward transactions, deposits and units in collective investment schemes. Derivatives and forward transactions may be used by the fund for investment purposes, in achieving the enhancements to the index return and for the purposes of efficient portfolio management.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
34.8%
1 Year rank in sector
114/309
Sector
PN North America
Yield
-
Fund size
£2m (£1m 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.
111
Bid price
234.2
Offer price
246.5
Top in this sector
Fund name1 Year
L&G Investec American Pn45%
L&G UBS US Equity Pn43.7%
OMW UBS US Equity42.7%
OMW Investec American42.4%
OMW Threadneedle Am Sm Cos42.2%
...more in PN North America

Performance snapshot

Holdings snapshot

  • North America100%
  • Financials20.1%
    Technology17.3%
    Consumer Services12.9%
    Health Care11.9%
    Industrials11.7%
  • North American Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%3.9%15.9%34.8%65.7%108.2%
Sector-0.8%3.2%14.5%33.1%63.4%110.9%
Rank within sector54 / 32395 / 32284 / 318114 / 309161 / 294169 / 271
Quartile1st2nd2nd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.8%32%2.5%18.9%25.6%
Sector3.3%30.9%4.4%18.7%29.2%
Rank within sector119 / 322153 / 307232 / 302155 / 294261 / 282
Quartile2nd2nd4th3rd4th
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.
-0.34
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.
1.03
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.
1.26
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%.
12.22
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.
3.31
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.
0.03
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.
0.93
Price movement
52 week high240.6
52 week low171.2
Current bid price234.2
Current offer price246.5
Current mid price-
Region
1North America100%
Industry sector
1Financials20.1%
2Technology17.3%
3Consumer Services12.9%
4Health Care11.9%
5Industrials11.7%
6Consumer Goods9.9%
7Oil & Gas7.8%
8Utilities3.1%
9Basic Materials2.7%
Asset type
1North American Equities100%
Individual holdings
1APPLE INC3%
2MICROSOFT CORP2.2%
3EXXON MOBIL CORP1.6%
4AMAZON.COM INC1.4%
5FACEBOOK INC1.4%
6JOHNSON & JOHNSON1.4%
7JPMORGAN CHASE & CO1.4%
8WELLS FARGO & CO1.3%
9GENERAL ELECTRIC CO.1.2%
Management
Fund manager group
Sanlam
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund objective
The Fund aims to deliver a return in excess of the FTSE customised North America Index, the “reference index”, (or such other index as may from time to time replace it) before management fees, while carefully controlling deviation from the reference index.The Fund will invest primarily in shares of North American companies included in the reference index. The Fund’s holdings are principally selected to replicate the components of the reference index. The index will not be identically replicated and this can lead to differences in performance. There are no restrictions on the size of the companies in which the Fund may invest. In addition to seeking to reflect the index, the fund manager will make use of investment strategies aimed at enhancing returns. These seek to generate returns based on differences in the prices of securities issued by, or associated with, companies that form part of the reference index. They can include, but are not limited to, liquidity strategies (investing in ‘blocks of stock’ at discounted prices), and relative value strategies (taking advantage of differences between the prices of securities related to the same company. Further details explaining the investment strategies are available on the Funds’ pages on our website (www.henderson.com).The Fund may invest the Scheme Property in transferable securities, money market instruments, derivatives and forward transactions, deposits and units in collective investment schemes. Derivatives and forward transactions may be used by the fund for investment purposes, in achieving the enhancements to the index return and for the purposes of efficient portfolio management.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Henderson Multi Strategy Equities Team01/01/2013Henderson Multi Strategy Team is responsible for Henderson's proprietary multi strategy process and index funds. This team consists of nine investment professionals, located in London and Singapore, with a combined total of over 100 years of experience.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SIP Henderson North American Enhanced Equity Pn S6
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price234.2
Offer price246.5
Mid price-
CurrencyGBX
Price updated22/03/2017
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeOG23
SIP Henderson North American Enhanced Equity 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 price243.5
Offer price-
Mid price-
CurrencyGBX
Price updated22/03/2017
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeOX51
Data provided by

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