Fact sheet: SPI Strategic Inv Gr Bd

Fund information
Fund name
SPI Strategic Investment Grade Bond P Acc GBP
Fund manager company
Sanlam Universal Funds plc
Fund type
No data available.
Fund manager
  • Craig Veyseysince 01/03/2012
Fund objective
The fund investment objective is to provide a total return for investors, with a monthly income and capital growth potential.
Benchmark
  • IA £ Strategic Bond
Investment style
Total Return
Investment method
Fixed Interest
Quick stats
1 Year return
9.1%
1 Year rank in sector
18/23
Sector
FO Fixed Int - GBP Investment Grade
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.
0.54%
Fund size
£76m (£66m 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.
25
Top in this sector
Fund name1 Year
MGI UK Inflation Lkd Bd28.8%
JPM Sterling Bond22%
MGI UK Bond15.9%
Blackrock UK Cr Bd Idx15%
Vanguard UK Govt Bond Idx15%
...more in FO Fixed Int - GBP Investment Grade

Performance snapshot

Holdings snapshot

  • UK79.7%
    France5.7%
    Netherlands4.4%
    Money Market3.8%
    Others3.5%
  • Government Bonds30%
    Insurance29%
    Real Estate24%
    Conglomerates9%
    Foods6%
  • UK Fixed Interest79.7%
    French Fixed Interest5.7%
    Dutch Fixed Interest4.4%
    Money Market3.8%
    Global Fixed Interest3.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%5.6%8.1%9.1%27.5%-
Sector-0.2%5.3%9.4%12%22.9%43.7%
Rank within sector7 / 238 / 2316 / 2318 / 2313 / 21-
Quartile2nd2nd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund9.5%2.7%10.8%0.9%-
Sector12.2%0.7%7.9%1.3%11.8%
Rank within sector17 / 232 / 2115 / 217 / 21-
Quartile3rd1st3rd2nd
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.
3.4
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.
0.75
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.
1.27
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%.
4.43
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.
3.36
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.
0.44
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.
0.45
Price movement
52 week high1.39
52 week low1.22
Current bid price-
Current offer price-
Current mid price1.38
Region
1UK79.74%
2France5.68%
3Netherlands4.43%
4Money Market3.8%
5Others3.46%
6Italy2.12%
7USA0.77%
Industry sector
1Government Bonds30%
2Insurance29%
3Real Estate24%
4Conglomerates9%
5Foods6%
6Financial Services2%
Asset type
1UK Fixed Interest79.74%
2French Fixed Interest5.68%
3Dutch Fixed Interest4.43%
4Money Market3.8%
5Global Fixed Interest3.46%
6Italian Fixed Interest2.12%
7US Fixed Interest0.77%
Individual holdings
1 US TREASURY BILL12%
2UK GILT9.4%
3US TREASURY STRIP5.6%
4CANARY WHARF FINANCE PLC4.9%
5LLOYDS TSB BANK PLC4.8%
6INVESTEC PLC3.4%
7STANDARD LIFE PLC3.3%
8ROYAL LONDON3.2%
Management
Fund manager group
Sanlam
Fund manager company
Sanlam Universal Funds plc
Fund type
No data available.
Fund objective
The fund investment objective is to provide a total return for investors, with a monthly income and capital growth potential.
Benchmark
  • IA £ Strategic Bond
Investment style
Total Return
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Craig Veysey01/03/2012Craig Veysey is the Head of Fixed Income at Sanlam Private Investments, part of the Sanlam Group that has £40bn AUM. He is the lead Fund Manager of the SPI Strategic Investment Grade Bond Fund that invests in government and corporate bonds, in the UK and overseas. He has 14 years investment experience, and has been responsible for all bond investments at SPI since March 2009. Craig has previously managed global bond funds at both Scottish Widows Investment Partnership and WestLB Mellon Asset Management, and earlier in his career was also a senior member of the Global Fixed Income team at HSBC Investment Management. He qualified as an Associate of the UK Society of Investment Professionals in 2001 and became a Chartered Financial Analyst in 2003. Craig has a degree in Economics from Liverpool University and a Masters Degree in Finance and Investment from Exeter University.
Compliance
IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Ireland, Offshore
SPI Strategic Investment Grade Bond A Acc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.3043
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YI0
SPI Strategic Investment Grade Bond A Inc
Initial charge3%
Annual charge1%
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.12%
Bid price-
Offer price-
Mid price1.0407
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0YI1
SPI Strategic Investment Grade Bond I Acc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.194
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKKMP
SPI Strategic Investment Grade Bond I Inc GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.045
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKKMQ
SPI Strategic Investment Grade Bond P Acc GBP
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.54%
Total expense ratio (TER)0.41%
Bid price-
Offer price-
Mid price1.3761
CurrencyGBP
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0YRD
SPI Strategic Investment Grade Bond P Inc GBP
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.0717
CurrencyGBP
Price updated29/09/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code0YRE
SPI Strategic Investment Grade Bond P USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.2008
CurrencyUSD
Price updated29/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJE2U
Data provided by

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