Fact sheet: SIP S&W Short Dat Cor Bd Pn

Fund information
Fund name
SIP S&W Short Dated Corporate Bond Pn S8
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund managers
  • Ian Kennysince 28/04/2009
  • Thomas Wellssince 30/09/2015
Underlying fund
Smith & Williamson StDtdCrpBd
Fund objective
To achieve income returns greater than the UK Base Rate. The Fund will invest the majority of its Net Asset Value in a variety of Sterling, US Dollar and Euro short-dated investment grade corporate bonds of no more than 6 years maturity. The Fund may invest up to a maximum of 30% of its Net Assets in government, agency or Supranational bonds and Short Dated Gilts.
Benchmark
  • LIBOR GBP 3 month
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
2%
1 Year rank in sector
127/132
Sector
PN Global Fixed Interest
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.
17
Bid price
114.6
Top in this sector
Fund name1 Year
FL GM Overseas Bond Pension30.7%
OMW M&G Glbl Government Bond28.9%
Baillie Gifford Emerg Mrkts Bd Pn26.7%
Pru Intnl Bd Pn25.9%
M&G PP International Bond Pn25.7%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%-1.6%-0.2%2%5.6%10.1%
Sector-3.3%-2.2%5.6%12.8%18.2%19.5%
Rank within sector12 / 14442 / 142132 / 141127 / 132101 / 11080 / 91
Quartile1st2nd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund2.2%0.7%3.2%-3.6%
Sector12.7%-0.3%6.1%-3.6%3%
Rank within sector128 / 13257 / 12493 / 11026 / 10544 / 92
Quartile4th2nd4th1st2nd
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.
0.85
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.
0.17
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
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%.
2.92
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.
5.59
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.
-0.66
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.
0.12
Price movement
52 week high116.6
52 week low111.1
Current bid price114.6
Current offer price-
Current mid price-
Region
1UK96.4%
2Money Market3.6%
Industry sector
1A38.5%
2BBB28.8%
3AA17.7%
4AAA10%
5Money Market3.6%
6Non-Rated1.4%
Asset type
1UK Fixed Interest96.4%
2Money Market3.6%
Individual holdings
No data available.
Management
Fund manager group
Sanlam
Fund manager company
Sanlam Investments & Pensions
Fund type
Pension Fund
Fund objective
To achieve income returns greater than the UK Base Rate. The Fund will invest the majority of its Net Asset Value in a variety of Sterling, US Dollar and Euro short-dated investment grade corporate bonds of no more than 6 years maturity. The Fund may invest up to a maximum of 30% of its Net Assets in government, agency or Supranational bonds and Short Dated Gilts.
Benchmark
  • LIBOR GBP 3 month
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Ian Kenny28/04/2009Ian joined Smith & Williamson in 1997 as an institutional fund accountant. He qualified as a Chartered Certified Accountant in 2001 and thereafter assumed fund management responsibilities for a variety of institutional funds. Ian is lead manager for the Medium-Dated Corporate Bond Fund and lead manager of the Short-Dated Corporate Bond Fund, in addition, Ian has assisted Chris Lynas with the management of the Smith & Williamson Fixed Interest Trust since 2006. Ian graduated from the University of Reading with a BSc in Human Geography and an MSc in International Business & Economic Development. Ian qualified as a Chartered Certified Accountant in 2001, is a Member of the Chartered Institute for Securities and Investment and is a CFA Charterholder.
Thomas Wells30/09/2015Thomas Wells joined Smith & Williamson in September 2007 on the Graduate programme, becoming fund manager in July 2010 and was promoted to Partner in January 2015. Tom has been part of the Fixed Interest team, working with Ian Kenny, since January 2009 and became deputy fund manager on the Short-Dated Corporate Bond Fund, Medium-Dated Corporate Bond Fund and Fixed Interest Fund in October 2015. Tom achieved a first class degree in Financial Services with Economics and is a Fellow of the Chartered Institute for Securities & Investment.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SIP S&W Short Dated Corporate Bond Pn S6
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price108.1
Offer price113.8
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code096G
SIP S&W Short Dated 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 price109.7
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code096H
SIP S&W Short Dated Corporate Bond Pn S8
Initial charge-
Annual charge0.91%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price114.6
Offer price-
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code096I
Data provided by

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