Fact sheet: SSgA MPF Corp Bond Index Pn

Fund information
Fund name
SSgA MPF Corp Bond Index Pn
Fund manager company
SSGA UK
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The Fund aims to track the return of the Barclays Capital Sterling Aggregate 100 mm Non Gilts Index.
Benchmark
  • Barclays Capital Sterling Aggregate 100 mm Non Gilts Index
Investment style
Passive/Tracking
Investment method
No data available.
Quick stats
1 Year return
8.2%
1 Year rank in sector
54/175
Sector
PN Sterling Fixed Interest
Yield
-
Fund size
£1,171m (£1,153m 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.
42
Top in this sector
Fund name1 Year
OMW IPL F&C Real Dynamic LDI Pn41.3%
OMW IPL F&C Sht Pr Rl Dn LDI Pn39.5%
OMW IPL F&C Nominal Dyn LDI Pn33%
OMW IPL LGIM 2055IdxLkdGltPn26.3%
OMW IPL LGIMOvr15Yr I LGltPn23.6%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • Not Specified99.5%
    Money Market0.4%
    Others0.1%
  • Financials26.4%
    Industrials25.6%
    Fixed Interest22.9%
    Utilities13.1%
    Mortgage & Secured Bonds8.5%
  • Global Corporate Fixed Interest65.2%
    Global Fixed Interest31.4%
    Global Government Fixed Interest3%
    Money Market0.4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.2%-5.8%2.5%8.2%22.2%42%
Sector-2%-6.4%4.4%9.6%24.2%34%
Rank within sector134 / 17859 / 17952 / 17754 / 17551 / 14229 / 127
Quartile4th2nd2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund8.6%0.5%12.2%0.9%13.2%
Sector10.8%-1.2%13.9%-1.7%6.6%
Rank within sector63 / 17534 / 15370 / 14213 / 13614 / 127
Quartile2nd1st2nd1st1st
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.
0.71
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.
0.81
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.
0.49
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%.
6.36
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.
2.51
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.
-0.23
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.
0.89
Price movement
52 week high2.83
52 week low2.44
Current bid price-
Current offer price-
Current mid price2.65
Region
1Not Specified99.5%
2Money Market0.39%
3Others0.11%
Industry sector
1Financials26.41%
2Industrials25.64%
3Fixed Interest22.86%
4Utilities13.13%
5Mortgage & Secured Bonds8.46%
6Government Bonds3.01%
7Money Market0.39%
8Others0.11%
Asset type
1Global Corporate Fixed Interest65.17%
2Global Fixed Interest31.43%
3Global Government Fixed Interest3.01%
4Money Market0.39%
Individual holdings
No data available.
Management
Fund manager group
State Street
Fund manager company
SSGA UK
Fund type
Pension Fund
Fund objective
The Fund aims to track the return of the Barclays Capital Sterling Aggregate 100 mm Non Gilts Index.
Benchmark
  • Barclays Capital Sterling Aggregate 100 mm Non Gilts Index
Investment style
Passive/Tracking
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SSgA MPF Corp Bond Index Pn
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 price2.6522
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeWN50
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.