Fact sheet: SJP Money Market

Fund information
Fund name
SJP Money Market R Acc
Fund manager company
St. Jamess Place UT Group Ltd
Fund type
Unit Trust
Fund managers
  • Nick Pidgeonsince 07/04/2008
  • Mihaly Domjansince 07/04/2008
  • Jennifer Yazdanpahanisince 07/04/2008
Fund objective
The fund aims to preserve capital, maintain liquidity for investors seeking access to their investments and provide an income in excess of the Bank of England's base rate.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
None
Quick stats
1 Year return
-0.1%
1 Year rank in sector
15/16
Sector
UT Money Market
Yield
-
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.
0.52%
Fund size
£163m (£59m last year)
Bid price
190.168
Offer price
199.68
Top in this sector
Fund name1 Year
Thesis Motim14.5%
Royal London Enhncd Csh +1.2%
F&C Short Duration Bond0.7%
Federated Stg Csh +0.7%
Royal London Cash Plus0.5%
...more in UT Money Market

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Floating Rate Notes39.3%
    Certificates of Deposit27.9%
    Commercial Paper26%
    Time Deposits5.5%
    Government Bonds1.3%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0%-0.1%-0.1%-0.1%-
Sector0.1%0.1%0.4%1%1.4%2.8%
Rank within sector15 / 1615 / 1616 / 1615 / 1614 / 15-
Quartile4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-0.1%-0%-0%-0%-0%
Sector0.3%0.9%-0.2%0.2%1%
Rank within sector16 / 1615 / 1614 / 1514 / 1513 / 14
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.
-0.03
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
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%.
0.07
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.
5.81
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.
-1.2
Price movement
52 week high190.42
52 week low190.17
Current bid price190.17
Current offer price199.68
Current mid price-
Region
1Money Market100%
Industry sector
1Floating Rate Notes39.3%
2Certificates of Deposit27.9%
3Commercial Paper26%
4Time Deposits5.5%
5Government Bonds1.3%
Asset type
1Money Market100%
Individual holdings
1SSGA7.7%
2DEKABANK DEUTSCHE GIROZENTRALE5.6%
3BRED BANQUE POPULAIRE3.6%
4AGENCE CENTRALE DES ORGANISMES3.2%
5BANK OF TOKYO-MITSUBISHI UFJ1.9%
6FMS WERTMANAGEMENT MTN1.9%
7SUMITOMO MITSUI FINANCIAL GROUP INC1.9%
8ABBEY NATIONAL TREASURY SERVICES1.3%
9ABN AMRO1.3%
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 preserve capital, maintain liquidity for investors seeking access to their investments and provide an income in excess of the Bank of England's base rate.
Benchmark
  • No Specified Index
Investment style
Liquidity
Investment method
None
Fund managers
NameSinceBiography
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.
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.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
SJP Money Market L Acc
Initial charge5%
Annual charge0.36%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.52%
Total expense ratio (TER)0.41%
Bid price104.431
Offer price104.431
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBLG6
SJP Money Market L Inc
Initial charge5%
Annual charge0.36%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.52%
Total expense ratio (TER)0.41%
Bid price100.296
Offer price100.296
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBLG7
SJP Money Market R Acc
Initial charge5%
Annual charge0.76%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.52%
Total expense ratio (TER)-
Bid price190.168
Offer price199.68
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI2XG
SJP Money Market R Gross Acc
Initial charge5%
Annual charge0.76%
Min single investment£1,500
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price190.174
Offer price199.685
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKU6X
SJP Money Market R Gross Inc
Initial charge5%
Annual charge0.76%
Min single investment£1,500
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price189.855
Offer price199.351
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKU6Y
SJP Money Market R Inc
Initial charge5%
Annual charge0.76%
Min single investment£1,500
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.52%
Total expense ratio (TER)-
Bid price189.933
Offer price199.432
Mid price-
CurrencyGBX
Price updated23/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI2XH
Data provided by

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