Fact sheet: SJP Index Linked Gilts

Fund information
Fund name
SJP Index Linked Gilts L Acc
Fund manager company
St. Jamess Place UT Group Ltd
Fund type
Unit Trust
Fund manager
  • Francis Raynersince 09/04/2012
Fund objective
The Trust aims to provide a combination of capital growth and income by predominantly investing in a portfolio of bonds issued by the UK government with returns linked to inflation, which are commonly referred to as index linked gilts. The Trust may also hold bonds issued by other highly rated governments, and other assets such as cash and shares. The Trust is managed on behalf of St. James's Place by BlackRock. Their investment approach aims to replicate a blend of two FTSE index linked gilt indices.
Benchmark
  • No Specified Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Fixed Interest
Quick stats
1 Year return
5.5%
1 Year rank in sector
19/20
Sector
UT UK Index - Linked Gilts
Yield
1.1%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.2%
Fund size
£111m (£101m 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.
24
Bid price
102
Offer price
107.1
Top in this sector
Fund name1 Year
Insight UK Index Linked Bond18.2%
Blackrock Inst Bd Idx Lkd17.3%
BlackRock Idx Lnkd Gilt Trckr17.3%
Newton Index Linked Gilt17.3%
AXA Sterling Idx Linked Bd17.3%
...more in UT UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-1.7%4.7%5.5%5.8%-
Sector-4%-5.6%15.2%18%38.4%45.3%
Rank within sector2 / 211 / 2119 / 2019 / 2019 / 19-
Quartile1st1st4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund6.8%-3.3%3.8%-2.6%-
Sector20.9%-1.2%18%-0.3%0.2%
Rank within sector20 / 2020 / 2019 / 1918 / 19-
Quartile4th4th4th4th
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.
1.08
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.
0.14
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%.
3.44
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.
5.95
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.
0.05
Price movement
52 week high104.3
52 week low95.48
Current bid price102
Current offer price107.1
Current mid price-
Region
1UK100%
Industry sector
1Fixed Interest99.96%
2Others0.04%
Asset type
1UK Fixed Interest99.96%
2Money Market0.04%
Individual holdings
1TREASURY 2 1/2% IDX-LINKED GILT 202024.03%
2TREASURY 1.25% IDX-LKD GILT 22/11/17 GBP0.0116.4%
3TREASURY 1.25% IDX-LKD GILT 22/11/27 GBP0.019.44%
4TREASURY 0.125% IDX-LKD GILT 22/11/19 GBP0.019.25%
5TREASURY 1.875% IDX LKD GILT 22/11/22 GBP8.87%
6TREASURY 2 1/2% IDX-LINKED GILT 20248.74%
7TREASURY 0.125% IDX LKD GILT 22/03/29 GBP0.017.08%
8UK TRSY 0.125% IL 03/246.76%
9TREASURY 4.125%IDX-LINKED GILT 22/07/30 GBP0.016.33%
Management
Fund manager group
St James Place
Fund manager company
St. Jamess Place UT Group Ltd
Fund type
Unit Trust
Fund objective
The Trust aims to provide a combination of capital growth and income by predominantly investing in a portfolio of bonds issued by the UK government with returns linked to inflation, which are commonly referred to as index linked gilts. The Trust may also hold bonds issued by other highly rated governments, and other assets such as cash and shares. The Trust is managed on behalf of St. James's Place by BlackRock. Their investment approach aims to replicate a blend of two FTSE index linked gilt indices.
Benchmark
  • No Specified Index
Investment style
Passive/Tracking
Investment method
Physical - Full, Fixed Interest
Fund manager
NameSinceBiography
Francis Rayner09/04/2012Francis Rayner, Vice President, is a member of BlackRock's Fixed Income Portfolio Solutions group. His service with the firm dates back to 2008, including his years with Barclays Global Investors (BGI), which merged with BlackRock in 2009. Prior to joining BGI, he spent six years working for Prudential M&G and International Financial Data Services as a client relationship manager. Francis earned a BSc in Mathematics from Lancaster University in 1999 and holds the CharteredInstitute for Securities & Investment Diploma.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Hong Kong
SJP Index Linked Gilts H Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price102
Offer price107.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGQK
SJP Index Linked Gilts L Acc
Initial charge5%
Annual charge1%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price102
Offer price107.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code105Z
SJP Index Linked Gilts L Gross Acc
Initial charge5%
Annual charge1%
Min single investment£1,500
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price102.3
Offer price107.4
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKU6P
SJP Index Linked Gilts L Gross Inc
Initial charge5%
Annual charge1%
Min single investment£1,500
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price97.69
Offer price102.6
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKU6Q
SJP Index Linked Gilts L Inc
Initial charge5%
Annual charge1%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)1.2%
Total expense ratio (TER)-
Bid price97.67
Offer price102.6
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code106A
SJP Index Linked Gilts 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 price102
Offer price107.1
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNGQL
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.