Fact sheet: SL BlackRock AqCon Ov5y ILG Pn

Fund information
Fund name
SL BlackRock Aquila Connect Over 5Yr Index Linked Gilt Pn S3
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund manager
  • Panayotis Ferendinossince 23/02/2010
Underlying fund
BlackRock AqCo Ov 5Y ILG Pn
Fund objective
The SL BlackRock Aquila Connect Over 5 Year Index Linked Gilt Pension Fund invests primarily in the BlackRock Aquila Connect Over 5 Year Index Linked Gilt Pn Fund. The aim of the BlackRock Aquila Connect Over 5 Year Index Linked Gilt Pn Fund is summarised below. The fund invests in UK government index-linked securities (index-linked gilts) that have a maturity period of 5 years or longer. The fund aims to achieve a return consistent with the FTSE Actuaries UK Index Linked Gilts over 5 Years Index†, which is widely regarded as the benchmark for UK pension fund investment in the longer dated end of the UK index-linked gilt market.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
25.4%
1 Year rank in sector
53/147
Sector
PN UK Index - Linked Gilts
Yield
-
Fund size
£86m (£75m 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.
113
Top in this sector
Fund name1 Year
SSgA Uk Idx Lkd Gilt Mar 2062 Pn44.7%
SSgA UK Idx Lkd Gilt Nov2055 Pn35.6%
SSgA UK Idx Lkd Glt Mar 2050 Pn33.9%
L&G Ovr 15Yr IdxLkd GltsIdx Pn31.8%
SSgA MPF Ovr 15Y IL Gilt Pn31.8%
...more in PN UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%5%6%25.4%47%53%
Sector-0.6%4.4%5.4%22.9%42.9%49.8%
Rank within sector51 / 15749 / 15575 / 15353 / 14756 / 13355 / 120
Quartile2nd2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.7%27%-2.2%19.6%-0.2%
Sector3.3%23.8%-1.5%18.7%0.1%
Rank within sector84 / 15335 / 145110 / 13865 / 13279 / 126
Quartile3rd1st4th2nd3rd
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.
-0.56
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.
1.13
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.
0.77
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%.
12.89
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.
1.7
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.
0.5
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.
0.99
Price movement
52 week high244
52 week low187.7
Current bid price-
Current offer price-
Current mid price235.3
Region
1UK99.58%
2Money Market0.42%
Industry sector
1Government Bonds99.58%
2Money Market0.42%
Asset type
1Global Fixed Interest99.58%
2Money Market0.42%
Individual holdings
1TREASURY 1.25% IDX-LKD GILT 22/11/55 GBP0.015.99%
2TREASURY 0.125% GILT 22/03/68 GBP0.015.65%
3TREASURY 0.375% IDX-LKD GILT 22/03/62 GBP5.52%
4TREASURY 1.125% IDX GILT 22/11/37 GBP5.09%
5TREASURY 0.5% IDX LKD GILT 22/3/50 GBP0.015.07%
6TREASURY 0.75% IDX LKD GILT 22/11/47 GBP4.79%
7TREASURY 0.625% IDX-LKD GILT 22/11/42 GBP4.67%
8TREASURY 0.625% IDX-LKD GILT 22/3/40 GBP0.014.65%
9UK TREASURY 0.125 22/03/44 (GBP)4.64%
Management
Fund manager group
Standard Life Investments
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund objective
The SL BlackRock Aquila Connect Over 5 Year Index Linked Gilt Pension Fund invests primarily in the BlackRock Aquila Connect Over 5 Year Index Linked Gilt Pn Fund. The aim of the BlackRock Aquila Connect Over 5 Year Index Linked Gilt Pn Fund is summarised below. The fund invests in UK government index-linked securities (index-linked gilts) that have a maturity period of 5 years or longer. The fund aims to achieve a return consistent with the FTSE Actuaries UK Index Linked Gilts over 5 Years Index†, which is widely regarded as the benchmark for UK pension fund investment in the longer dated end of the UK index-linked gilt market.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Panayotis Ferendinos23/02/2010Panayotis (Panos) Ferendinos, CFA, Vice President, is a member of the European & Non-Dollar Fixed Income Group within BlackRock Fundamental Fixed Income. He is a portfolio manager for Sterling portfolios.Mr. Ferendinos' service with the firm dates back to 1999, including his years with Merrill Lynch Investment Managers (MLIM), which merged with BlackRock in 2006. At MLIM, Mr. Ferendinos specialized in macroeconomic research and analysis for the sterling investment team. He also worked within the dealer support, static data, and valuation teams. Prior to joining MLIM, Mr. Ferendinos worked for an Italian fixed income broker.Mr. Ferendinos earned a BA degree in law, English & psychology from the University of Natal Durban in 1992, and a BA degree, with honours, in English literature from the University of South Africa in 1993.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SL BlackRock Aquila Connect Over 5Yr Index Linked Gilt Pn S3
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price235.3
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK510
SL BlackRock Aquila Connect Over 5Yr Index Linked Gilt Pn S4
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price228.8999
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI571
SL BlackRock Aquila Connect Over 5Yr Index Linked Gilt Pn S5
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.01%
Bid price-
Offer price-
Mid price258.952
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE697
SL BlackRock Aquila Connect Over 5Yr Index Linked Gilt Pn S6
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price235.2909
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK509
SL BlackRock Aquila Connect Over 5Yr Index Linked Gilt Pn S7
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price235.3311
CurrencyGBX
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK508
Data provided by

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