Fact sheet: SJP Money Market Pn

Fund information
Fund name
SJP Money Market Pn Cap
Fund manager company
St. Jamess Place UK Ltd
Fund type
Pension Fund
Fund managers
  • Jennifer Yazdanpahanisince 07/04/2008
  • Nick Pidgeonsince 07/04/2008
  • Mihaly Domjansince 07/04/2008
No data available.
Fund objective
The aim of the fund is to provide a stable, short-term home for investors that offers rates of return consistent with short-term instruments available in money markets.
Benchmark
  • Merrill Lynch British Pound LIBOR 3 month Constant Maturity
Investment style
None
Investment method
Deposits
Quick stats
1 Year return
-3.6%
1 Year rank in sector
240/246
Sector
PN Money Market
Yield
-
Fund size
£541m (£286m 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.
3
Bid price
91.7
Offer price
96.6
Top in this sector
Fund name1 Year
ReAssure HL FxIntPnStf LS Pn11.1%
ReAssure HL FxIntPn Stf Pn11.1%
Phoenix Fixed Int Individual Pn9.9%
Zurich BlackRock EurLiq Fst Pn9.1%
Phoenix Prop Old Bldg Society Pn4.7%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Certificates of Deposit49%
    Commercial Paper16.3%
    Money Market15.1%
    Government Bills11%
    Floating Rate Notes4.8%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%-1%-1.8%-3.6%-10.2%-16.4%
Sector-0%0.1%0%0.5%1.1%1.6%
Rank within sector241 / 249242 / 249239 / 247240 / 246223 / 229210 / 216
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-1.2%-3.5%-3.5%-3.6%-3.5%
Sector0.1%0.7%0%0.4%0.2%
Rank within sector241 / 249236 / 242223 / 230219 / 226214 / 220
Quartile4th4th4th4th4th
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.
-3.52
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.
0.05
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%.
0.11
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.
0.28
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.
-14.05
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.
0.01
Price movement
52 week high95.1
52 week low91.7
Current bid price91.7
Current offer price96.6
Current mid price-
Region
1Money Market100%
Industry sector
1Certificates of Deposit49%
2Commercial Paper16.3%
3Money Market15.1%
4Government Bills11%
5Floating Rate Notes4.8%
6Others3.8%
Asset type
1Money Market100%
Individual holdings
1ING GROEP N.V.4.1%
2SOCIETE GENERALE2.5%
3BPCE1.9%
4MIZUHO FINANCIAL GROUP1.9%
5SUMITOMO MITSUI TRUST BANK LTD PERP SUB NOTES USD100000 `144A`1.8%
6TORONTO DOMINIO BANK1.7%
7HSBC BANK1.4%
8UK TREASURY1.4%
9CREDIT AGRICOLE1.1%
Management
Fund manager group
St James Place
Fund manager company
St. Jamess Place UK Ltd
Fund type
Pension Fund
Fund objective
The aim of the fund is to provide a stable, short-term home for investors that offers rates of return consistent with short-term instruments available in money markets.
Benchmark
  • Merrill Lynch British Pound LIBOR 3 month Constant Maturity
Investment style
None
Investment method
Deposits
Fund managers
NameSinceBiography
Jennifer Yazdanpahani07/04/2008Jennifer is a managing director of SSgA and head of the EMEA cash business. Prior to joining SSgA in 2008, Jennifer worked as a cash strategist in BGI’s European Cash Management Team. She joined BGI in 2002 as part of the risk management team, having previously worked for KPMG Consulting. Jennifer graduated from the University of Cape Town, South Africa with a Bachelor of Business Science (Hons). She has earned the Chartered Financial Analyst designation.
Nick Pidgeon07/04/2008Nick is a senior investment manager at SSgA having joined in June 2001. Nick is a member of the London Cash Management team and responsible for managing UK and European credit, cash and securities-lending portfolios. Prior to joining SSgA, Nick worked at Merrill Lynch Investment Managers for 13 years, including roles within Treasury settlements and management of the operations derivatives desk. In 1995, Nick joined the fixed-income division, responsible for managing money market funds and segregated client portfolios.
Mihaly Domjan07/04/2008Mihaly Domjan is senior investment manager of SSgA, having joined in March 2003. He is head of the London Cash Management Group where he is responsible for the management of money market funds, including securities-lending investments.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SJP Money Market Pn Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price209
Offer price220
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeRO97
SJP Money Market Pn Acc INET
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price192.9
Offer price203.1
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGXW5
SJP Money Market Pn Cap
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.35%
Bid price91.7
Offer price96.6
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeRO96
SJP Money Market Pn Distribution
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price208.5
Offer price219.5
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNBSN
Data provided by

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