Fact sheet: SSgA GBP Liquidity

Fund information
Fund name
SSgA GBP Liquidity Institutional Stable NAV
Fund manager company
State St Global Advisors (IRL)
Fund type
OEIC
Fund manager
No data available.
Fund objective
The Fund seeks to maintain a high level of liquidity, preserve capital and stability of principal expressed in Sterling, and consistent with those objectives, earn current income and aims to provide a return in line with money market rates.
Benchmark
  • LIBID 7 Day GBP
Investment style
Liquidity
Investment method
Mixed
Quick stats
1 Year return
0.4%
1 Year rank in sector
9/42
Sector
FO Currency - Sterling
Yield
0.2%
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.
0.15%
Fund size
£3,208m (£2,938m last year)
Top in this sector
Fund name1 Year
Hume Caut MA Stg2.1%
Payden & Rygel Sterling Rsrv1.2%
Aberdeen Liq(L)USDurStg0.9%
Insight ILF GBP Liquidity Plus0.8%
BlackRock ICS InstStgUl SBd0.6%
...more in FO Currency - Sterling

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Commercial Paper24.3%
    Certificates of Deposit19.3%
    Money Market13.7%
    Government Agency Bonds11.2%
    Corporate Bonds9.6%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.2%0.4%1.2%2.2%
Sector0%0%0.1%0.5%1.2%2.2%
Rank within sector13 / 4613 / 4612 / 449 / 429 / 388 / 31
Quartile2nd2nd2nd1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.4%0.4%0.4%0.4%0.6%
Sector0.3%0.6%0.3%0.3%0.6%
Rank within sector9 / 427 / 3910 / 379 / 377 / 30
Quartile1st1st2nd1st1st
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.
0.38
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.
0.03
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%.
0.02
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.
0.17
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.
0.15
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 high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1Money Market100%
Industry sector
1Commercial Paper24.27%
2Certificates of Deposit19.33%
3Money Market13.71%
4Government Agency Bonds11.21%
5Corporate Bonds9.59%
6Asset Backed Commercial Paper8.09%
7Government Bills6.82%
8Time Deposits3.55%
9Government Guaranteed3.11%
Asset type
1Money Market100%
Individual holdings
1TREASURY 0% TSY BILL 12/12/16 GBP14.67%
2Agence Centrale des Organismes de Securite Sociale3.11%
3Transport for London2.96%
4Albion Capital Corporation S.A. (Mitsubishi UFJ)2.34%
5Cooperatieve Rabobank UA2.34%
6TREASURY 0% TSY BILL 06/02/17 GBP11.84%
7Toyota Kreditbank GmbH1.62%
8Dexia Credit Local (Guaranteed Debt Only)1.59%
9Nordea Bank AB1.56%
Management
Fund manager group
State Street
Fund manager company
State St Global Advisors (IRL)
Fund type
OEIC
Fund objective
The Fund seeks to maintain a high level of liquidity, preserve capital and stability of principal expressed in Sterling, and consistent with those objectives, earn current income and aims to provide a return in line with money market rates.
Benchmark
  • LIBID 7 Day GBP
Investment style
Liquidity
Investment method
Mixed
Fund manager
No data available.
Compliance
Transparent for Swiss Tax, Distributor Status, Reporting Fund Status, UCITS IV Compliant, MAS Unrestricted Scheme
Domicile
No data available.
Fund for sale in
Belgium, Switzerland, Germany, United Kingdom, Ireland, Luxembourg, Netherlands, Offshore, Singapore
SSgA GBP Liquidity Institutional Acc
Initial charge-
Annual charge0.6%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.74%
Bid price-
Offer price-
Mid price11.2555
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA8R8
SSgA GBP Liquidity Institutional Stable NAV
Initial charge-
Annual charge-
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.08%
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBU43
SSgA GBP Liquidity P Stable NAV
Initial charge-
Annual charge-
Min single investment£50,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.6%
Total expense ratio (TER)0.05%
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated05/11/2012
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKX13
SSgA GBP Liquidity S
Initial charge-
Annual charge0.6%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeKX95
SSgA GBP Liquidity S2
Initial charge-
Annual charge0.5%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.56%
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN6T1
SSgA GBP Liquidity S3
Initial charge-
Annual charge0.35%
Min single investment£50,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.4%
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code06QT
SSgA GBP Liquidity Z Acc
Initial charge-
Annual charge0.3%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price11.3314
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code09W5
SSgA GBP Liquidity Z Stable
Initial charge-
Annual charge-
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.02%
Total expense ratio (TER)0.07%
Bid price-
Offer price-
Mid price1
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNGP8
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.