Fact sheet: SSgA MPF Divfd Alternatives Pn

Fund information
Fund name
SSgA MPF Diversified Alternatives Pn
Fund manager company
SSGA UK
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
Designed for defined benefit pension plans, the Fund aims to generate returns equivalent to cash (represented by 7-Day LIBID) plus 2.5% over the medium to long term, while minimising total portfolio volatility.
Benchmark
  • LIBID 7 day
Investment style
No data available.
Investment method
Fixed Interest, Commodity/Energy, Hedge Funds
Quick stats
1 Year return
11.1%
1 Year rank in sector
242/490
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£35m (£29m 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.
44
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn38.1%
OMW IPL F&COs EqLnkUKInflPn35.3%
OMW IPL F&C Os EqLkUK GltPn24.8%
AXA Wealth TEAMS cl Gvn ptfl VPn21.7%
Aegon Dynamic Lifestyle 2023 (RR)Pn21%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • Hedge22.8%
    Investment Grade Corporate Bonds20.2%
    High Yield Bond19.6%
    Fixed Interest17.3%
    Commodity & Energy10%
  • Hedge22.8%
    Global Investment Grade Fixed Interest20.2%
    Global High Yield Fixed Interest19.6%
    Global Emerging Market Fixed Interest17.3%
    Commodity & Energy10%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%0.8%-0.1%11.1%16%26.1%
Sector-0.7%1.9%2.3%11.5%21.6%40.3%
Rank within sector204 / 530431 / 529505 / 519242 / 490315 / 411324 / 353
Quartile2nd4th4th2nd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.4%15.6%-3.1%4.8%0.9%
Sector2.1%11.8%1.3%6%8.3%
Rank within sector392 / 52280 / 459417 / 423228 / 397376 / 380
Quartile4th1st4th3rd4th
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.
-0.08
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.
0.35
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%.
5.68
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.
3.77
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.
-0.36
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.
0.58
Price movement
52 week high1.6
52 week low1.4
Current bid price-
Current offer price-
Current mid price1.58
Region
No data available.
Industry sector
1Hedge22.8%
2Investment Grade Corporate Bonds20.21%
3High Yield Bond19.58%
4Fixed Interest17.31%
5Commodity & Energy10.03%
6Real Estate5.39%
7Infrastructure4.56%
8Money Market0.12%
Asset type
1Hedge22.8%
2Global Investment Grade Fixed Interest20.21%
3Global High Yield Fixed Interest19.58%
4Global Emerging Market Fixed Interest17.31%
5Commodity & Energy10.03%
6Property Shares5.39%
7Others4.56%
8Money Market0.12%
Individual holdings
No data available.
Management
Fund manager group
State Street
Fund manager company
SSGA UK
Fund type
Pension Fund
Fund objective
Designed for defined benefit pension plans, the Fund aims to generate returns equivalent to cash (represented by 7-Day LIBID) plus 2.5% over the medium to long term, while minimising total portfolio volatility.
Benchmark
  • LIBID 7 day
Investment style
No data available.
Investment method
Fixed Interest, Commodity/Energy, Hedge Funds
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
SSgA MPF Diversified Alternatives Pn
Initial charge-
Annual charge0.03%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1.5828
CurrencyGBP
Price updated19/04/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeERM1
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.