Fact sheet: SJP Diversified Bond

Fund information
Fund name
SJP Diversified Bond L Acc
Fund manager company
St. Jamess Place UT Group Ltd
Fund type
Unit Trust
Fund managers
  • Gary Kirksince 02/11/2015
  • Donald Morgan IIIsince 02/11/2015
  • Scott Weinersince 02/11/2015
Fund objective
The fund aims to provide a balance of income and capital growth by investing directly and indirectly into a wide range of different bonds. This may include bonds that are issued by governments or corporations, including those in both developed and emerging economies.
Benchmark
No data available.
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
7.5%
1 Year rank in sector
35/67
Sector
UT Global Bonds
Yield
5.4%
Fund size
£370m (£134m 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.
19
Bid price
105.2
Offer price
110.7
Top in this sector
Fund name1 Year
Threadneedle EurpHdBd24.1%
M&G European Hi Yld Bd23.4%
Man GLG Corp Bd19%
M&G European Corp Bd18%
Old Mutual Bond 317.6%
...more in UT Global Bonds

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Global High Yield Fixed Interest58.9%
    Global Investment Grade Fixed Interest22.6%
    Money Market15.3%
    Global Government Fixed Interest3%
    Global Developed Equities0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%1.2%4.3%7.5%--
Sector0.5%1%2.5%9.5%14.9%20.2%
Rank within sector24 / 7125 / 7013 / 6835 / 67--
Quartile2nd2nd1st3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.8%8.2%---
Sector1.3%12.6%-1.3%3.8%-2%
Rank within sector12 / 7035 / 65---
Quartile1st3rd
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high105.2
52 week low98.04
Current bid price105.2
Current offer price110.7
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
1Global High Yield Fixed Interest58.85%
2Global Investment Grade Fixed Interest22.62%
3Money Market15.34%
4Global Government Fixed Interest2.97%
5Global Developed Equities0.22%
Individual holdings
No data available.
Management
Fund manager group
St James Place
Fund manager company
St. Jamess Place UT Group Ltd
Fund type
Unit Trust
Fund objective
The fund aims to provide a balance of income and capital growth by investing directly and indirectly into a wide range of different bonds. This may include bonds that are issued by governments or corporations, including those in both developed and emerging economies.
Benchmark
No data available.
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Gary Kirk02/11/2015Partner with 29 years' of credit market experience;previously Head of Proprietary Credit Trading at Wachovia
Donald Morgan III02/11/2015Donald Morgan is the firm’s founder, portfolio manager and Managing Partner. Additionally, Donald is a member of both the Investment Committee and Risk Committee. Prior to forming Brigade, Donald was a Senior Managing Director and Co-Head of Fixed Income at MacKay Shields. During his leadership, he grew the firm’s high-yield assets to US$17 billion. Donald began his career in money management at Fidelity Management & Research Company. He received a BS in Finance, magna cum laude, from New York University. Donald is a CFA Charterholder.
Scott Weiner02/11/2015Scott Weiner, PhD, is a managing principal at Payden & Rygel and a member of the Executive Committee and the Investment Policy Committee. As a frequent speaker at industry forums, he specialises in topics relating to asset allocation, risk management and international investing. Prior to joining Payden & Rygel, Weiner was a senior strategy member of the investment arm of First Interstate. Previously, he was with Goldman Sachs in New York as one of the strategists in the 1980s developing expertise in the mortgage market.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
SJP Diversified Bond H Acc
Initial charge5%
Annual charge1.6%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price105
Offer price110.5
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNGPQ
SJP Diversified Bond L Acc
Initial charge5%
Annual charge1.1%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price105.2
Offer price110.7
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMSRU
SJP Diversified Bond L Gross Acc
Initial charge5%
Annual charge1.1%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price106.2
Offer price111.7
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMSRS
SJP Diversified Bond L Gross Inc
Initial charge5%
Annual charge1.1%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price99.28
Offer price104.5
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMSRT
SJP Diversified Bond L Inc
Initial charge5%
Annual charge1.1%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price99.28
Offer price104.5
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMSRV
SJP Diversified Bond Y Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGPR
Data provided by

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