Fact sheet: SIP Hend Pref & Bd Pn

Fund information
Fund name
SIP Henderson Preference & Bond Pn S6
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund managers
  • John Pattullosince 30/09/2001
  • Rebecca Morris-Charlessince 01/03/2014
  • Jenna Barnardsince 01/01/2006
Underlying fund
Henderson Pref & Bd
Fund objective
To provide a return by investing primarily in sterling denominated preference shares, Government securities, corporate bonds, Eurobonds and other bonds. Where the Fund invests in currencies other than sterling, the Fund will always be hedged at least 80% to sterling in aggregate. The Fund may invest in other transferable securities, money market instruments, derivatives and forward transactions, deposits and units in collective investment schemes.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10.4%
1 Year rank in sector
100/167
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£0m (£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.
34
Bid price
192.4
Offer price
202.5
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc16.5%
AXA Wealth AXA Fram Mgd Inc Pn16.3%
Canlife AXA Fram Mgd Inc Pn16.2%
LV= Artemis High Income Pn16.2%
SIP BG Corporate Bd Pn15.8%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK49.7%
    North America24.6%
    Europe22.4%
    Money Market2.7%
    Asia Pacific0.5%
  • High Yield Bond45.8%
    Investment Grade Corporate Bonds38.9%
    Government Bonds5.5%
    Debt4.3%
    Money Market2.8%
  • UK Fixed Interest49.7%
    North American Fixed Interest24.6%
    European Fixed Interest22.4%
    Money Market2.7%
    Asia Pacific Fixed Interest0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%3.5%0.4%10.4%15.8%42.6%
Sector1.1%2.8%1.3%10.2%13%34.9%
Rank within sector27 / 17361 / 173125 / 171100 / 16749 / 15649 / 143
Quartile1st2nd3rd3rd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.3%5.5%2.4%6.9%5.6%
Sector1.5%6.7%0.7%5.6%5.9%
Rank within sector109 / 173119 / 16737 / 16240 / 15585 / 151
Quartile3rd3rd1st2nd3rd
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.
1.3
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.
0.87
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.
0.28
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%.
4.78
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.
3.89
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.
0.18
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.
0.34
Price movement
52 week high194.1
52 week low174.6
Current bid price192.4
Current offer price202.5
Current mid price-
Region
1UK49.69%
2North America24.58%
3Europe22.45%
4Money Market2.74%
5Asia Pacific0.53%
Industry sector
1High Yield Bond45.8%
2Investment Grade Corporate Bonds38.9%
3Government Bonds5.5%
4Debt4.3%
5Money Market2.8%
6Preference Shares1.9%
7Asset/Mortgage-Backed Securities0.8%
Asset type
1UK Fixed Interest49.69%
2North American Fixed Interest24.58%
3European Fixed Interest22.45%
4Money Market2.74%
5Asia Pacific Fixed Interest0.53%
Individual holdings
1TREASURY 1.25% GILT 22/7/18 GBP0.015.5%
2BUPA FINANCE 6.125% 20492.9%
3UBS GROUP 6.875% 20491.9%
4WACHOVIA CAPITAL TRUST III 5.5698% 20491.8%
5CO-OPERATIVE GROUP 2011 7.50% 20261.7%
6NATIONWIDE BUILDING SOCIETY1.7%
7DIAMOND 1 FIN/DIAMOND 2 8.1% BDS 15/07/36 USD1000 REG S1.6%
8HBOS STERLING FINANCE JERSEY 7.881% 20491.6%
9ZURICH FINANCE 6.625% 20491.6%
Management
Fund manager group
Sanlam
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund objective
To provide a return by investing primarily in sterling denominated preference shares, Government securities, corporate bonds, Eurobonds and other bonds. Where the Fund invests in currencies other than sterling, the Fund will always be hedged at least 80% to sterling in aggregate. The Fund may invest in other transferable securities, money market instruments, derivatives and forward transactions, deposits and units in collective investment schemes.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
John Pattullo30/09/2001John Pattullo is the Co-Head of Strategic Fixed Income at Henderson. With more than 20 years of experience investing in the credit markets, John co-manages a number of funds with Jenna Barnard. Prior to joining Henderson in 1997, John spent four years as a chartered accountant at PricewaterhouseCoopers. John has an MA (Hons) in Economics from the University of St Andrews. He is a member of the Institute of Chartered Accountants of Scotland and an Associate Member of the Society of Investment Professionals.
Rebecca Morris-Charles01/03/2014Rebecca Morris-Charles joined Henderson in 2009 through the graduate scheme. She subsequently began working for the retail fixed income team in 2010, first as an analyst and now as a deputy fund manager. Rebecca holds a MMath Master of Mathematics from the University of Bath and is a CFA charterholder.
Jenna Barnard01/01/2006Jenna Barnard is Co-Head of Strategic Fixed Income, co-managing a number of funds alongside John Pattullo. Jenna joined Henderson in 2002 as a credit analyst and progressed to Credit Portfolio Manager in 2004. Prior to joining Henderson, Jenna worked as an investment analyst with Orbitex Investments. Jenna holds a first class BA (Hons) degree in Politics, Philosophy & Economics from Oxford University. She is a CFA charterholder, and an affiliate member of UKSIP. Jenna is a Member of the Society of Technical Analysts having passed the STA Diploma exam.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SIP Henderson Preference & Bond 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 price192.4
Offer price202.5
Mid price-
CurrencyGBX
Price updated28/02/2017
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeOG27
SIP Henderson Preference & 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 price200
Offer price-
Mid price-
CurrencyGBX
Price updated28/02/2017
Type-
Institutional or retail classInstitutional
Domicile-
Citi codeOX55
SIP Henderson Preference & Bond Pn S8
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price166.9
Offer price-
Mid price-
CurrencyGBX
Price updated28/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeO465
Data provided by

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