Fact sheet: SJP UK Abslt Rtn Pn

Fund information
Fund name
SJP UK Absolute Return Pn Acc
Fund manager company
St. Jamess Place UK Ltd
Fund type
Pension Fund
Fund managers
  • Nigel Ridgesince 06/10/2013
Underlying fund
SJP UK Absolute Return
Fund objective
The fund aims to achieve positive absolute returns in sterling terms over rolling twelve-month periods, in all market conditions. There is no guarantee that a positive return will be achieved over this, or any, time period and therefore your capital is at risk. The fund invests in shares and share-related derivatives of UK companies, as well as cash and similar assets. The fund aims to benefit from both rises and falls in the value of UK shares by using derivatives.
Benchmark
  • ML British Pound LIBOR 3-month Constant Maturity + 2%
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
4.5%
1 Year rank in sector
396/514
Sector
PN Specialist
Yield
-
Fund size
£154m (£111m 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.
30
Bid price
118.5
Offer price
124.7
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Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%2.3%3.4%4.5%19%23.8%
Sector2.6%1.8%5.9%16.2%22.2%45%
Rank within sector446 / 546173 / 542310 / 539396 / 514208 / 386225 / 317
Quartile4th2nd3rd4th3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund0.2%2.3%8%8.3%2.9%
Sector1.3%11.6%2%7.2%11%
Rank within sector411 / 546400 / 51052 / 446115 / 384267 / 357
Quartile4th4th1st2nd3rd
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.
4.5
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.
0.25
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.
0.62
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%.
4.32
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.
6.04
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.
-0.11
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 high118.9
52 week low110.6
Current bid price118.5
Current offer price124.7
Current mid price-
Region
1UK100%
Industry sector
1Consumer Services13.7%
2Financials12.5%
3Industrials6.7%
4Consumer Goods3.7%
5Telecommunications3.4%
6Oil & Gas3%
7Health Care2.8%
8Technology-0.3%
9Basic Materials-2.9%
Asset type
1UK Equities100%
Individual holdings
1RELX PLC5.8%
2BRITISH AMERICAN TOBACCO PLC3.8%
3LLOYDS BANKING GROUP PLC2.9%
4CARNIVAL CORP2.7%
53I GROUP2.6%
6INTERTEK GROUP2.5%
7ROYAL DUTCH SHELL2.5%
8PADDY POWER BETFAIR PLC2.2%
9TESCO2.2%
Management
Fund manager group
St James Place
Fund manager company
St. Jamess Place UK Ltd
Fund type
Pension Fund
Fund objective
The fund aims to achieve positive absolute returns in sterling terms over rolling twelve-month periods, in all market conditions. There is no guarantee that a positive return will be achieved over this, or any, time period and therefore your capital is at risk. The fund invests in shares and share-related derivatives of UK companies, as well as cash and similar assets. The fund aims to benefit from both rises and falls in the value of UK shares by using derivatives.
Benchmark
  • ML British Pound LIBOR 3-month Constant Maturity + 2%
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Nigel Ridge06/10/2013Nigel Ridge is a member of the UK Equity Team and a member of the UK and Pan European Model Portfolio Team in London. He joined us in 1994 after six years at Schroder Investment Management. Nigel has a BSc from Loughborough University.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
SJP UK Absolute Return Pn Acc
Initial charge-
Annual charge1.25%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.25%
Bid price118.5
Offer price124.7
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIPL8
SJP UK Absolute Return 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)2.25%
Bid price114.6
Offer price120.6
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code04AC
SJP UK Absolute Return 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)2.25%
Bid price95
Offer price100
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIPL9
Data provided by

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