Fact sheet: SLFC M&G Index Linked Bond Pn

Fund information
Fund name
SLFC M&G Index Linked Bond Pn
Fund manager company
Sun Life Financial of Canada
Fund type
Pension Fund
Fund managers
  • Ben Lordsince 05/07/2015
  • Jim Leavisssince 01/03/2010
Underlying fund
M&G Index-Linked Bond
Fund objective
The fund is designed to provide a level of protection from the effects of inflation by generating a total return (the combination of income and growth of capital) consistent with investment in index-linked bonds over a rolling five-year period or longer. There is no guarantee that the fund will achieve its objective over this, or any other, period. The fund invests mainly in inflation-linked bonds issued by the UK government. Up to 20% of the portfolio may be invested in index-linked corporate bonds guaranteed by the government or foreign index-linked government bonds. Exposure to these assets is gained through physical holdings and the use of derivatives.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
20.6%
1 Year rank in sector
87/147
Sector
PN UK Index - Linked Gilts
Yield
-
Fund size
£0m (£0m 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.
87
Bid price
194.432
Offer price
194.432
Top in this sector
Fund name1 Year
SSgA Uk Idx Lkd Gilt Mar 2062 Pn36%
SSgA UK Idx Lkd Gilt Nov2055 Pn27.8%
SSgA UK Idx Lkd Glt Mar 2050 Pn26.9%
L&G Ovr 15Yr IdxLkd GltsIdx Pn26.4%
SSgA MPF Ovr 15Y IL Gilt Pn26.3%
...more in PN UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

  • UK94.8%
    Money Market2.4%
    USA2.2%
    Japan0.6%
  • Government Bonds97.5%
    Automotive0.6%
    Asset/Mortgage-Backed Securities0.6%
    Money Market0.5%
    Government Guaranteed0.5%
  • UK Fixed Interest94.8%
    Money Market2.4%
    US Fixed Interest2.2%
    Japanese Fixed Interest0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.1%-1.6%6.7%20.6%42.6%42%
Sector4.2%-2.6%5.1%20%43.1%43.1%
Rank within sector97 / 15142 / 15135 / 15087 / 14794 / 13780 / 121
Quartile3rd2nd1st3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund-0.6%24.2%-1.1%18.1%-0.2%
Sector-0.3%23.8%-1.5%18.7%0.1%
Rank within sector108 / 15289 / 14736 / 14096 / 13778 / 129
Quartile3rd3rd2nd3rd3rd
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
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.
1.01
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.
0.84
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%.
11.52
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.
1.66
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.
0.03
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.
0.98
Price movement
52 week high206.76
52 week low160.41
Current bid price194.43
Current offer price194.43
Current mid price-
Region
1UK94.78%
2Money Market2.41%
3USA2.23%
4Japan0.58%
Industry sector
1Government Bonds97.46%
2Automotive0.6%
3Asset/Mortgage-Backed Securities0.55%
4Money Market0.47%
5Government Guaranteed0.45%
6Utilities0.33%
7Cyclical Consumer Goods0.15%
Asset type
1UK Fixed Interest94.78%
2Money Market2.41%
3US Fixed Interest2.23%
4Japanese Fixed Interest0.58%
Individual holdings
1TREASURY 0.125% IDX LKD GILT 22/11/65 GBP0.111.91%
2TREASURY 0.125% IDX LKD GILT 22/11/36 GBP0.0110.77%
3TREASURY 1.125% IDX GILT 22/11/37 GBP9.37%
4TREASURY 0.5% IDX LKD GILT 22/3/50 GBP0.016.79%
5TREASURY 1.25% IDX-LKD GILT 22/11/27 GBP0.016.7%
6TREASURY 4.125%IDX-LINKED GILT 22/07/30 GBP0.015.78%
7TREASURY 0.125% IDX LKD GILT 22/03/29 GBP0.015.41%
8TREASURY 1.25% IDX-LKD GILT 22/11/55 GBP0.015.12%
9TREASURY 2 1/2% IDX-LINKED GILT 20204.86%
Management
Fund manager group
Sun Life Financial of Canada
Fund manager company
Sun Life Financial of Canada
Fund type
Pension Fund
Fund objective
The fund is designed to provide a level of protection from the effects of inflation by generating a total return (the combination of income and growth of capital) consistent with investment in index-linked bonds over a rolling five-year period or longer. There is no guarantee that the fund will achieve its objective over this, or any other, period. The fund invests mainly in inflation-linked bonds issued by the UK government. Up to 20% of the portfolio may be invested in index-linked corporate bonds guaranteed by the government or foreign index-linked government bonds. Exposure to these assets is gained through physical holdings and the use of derivatives.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Ben Lord05/07/2015Ben Lord joined M&G in 2007 and is the fund manager of the M&G UK Inflation Linked Corporate Bond Fund. Ben has also managed the M&G Global Corporate Bond Fund from launch in September 2013 and was appointed fund manager of the M&G Index Linked Bond Fund in July 2015. Ben previously worked at Gordian Knot as a credit analyst covering global financial institutions. He obtained an MA (Hons) from the University of Edinburgh and is a CFA charterholder.
Jim Leaviss01/03/2010Jim Leaviss is Head of Retail Fixed Interest for M&G’s mutual fund range. He joined M&G in 1997 after five years at the Bank of England. As well as heading up the team, Jim is the fund manager of the M&G Global Macro Bond Fund and the M&G European Inflation Linked Corporate Bond Fund. He is also deputy manager of the M&G Gilt & Fixed Interest Income Fund, the M&G Index-Linked Bond Fund and the M&G UK Inflation Linked Corporate Bond Fund.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
SLFC M&G Index Linked Bond Pn
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.57%
Bid price194.432
Offer price194.432
Mid price-
CurrencyGBX
Price updated13/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5H0
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