Fact sheet: SSgA MPF Sterling Liquidity Pn

Fund information
Fund name
SSgA MPF Sterling Liquidity Pn
Fund manager company
SSGA UK
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The Fund will be measured against the London Interbank 7 day deposit rate, or its recognised equivalent. The Fund aims to maintain safety of principal through investment in short term money market instruments, fixed deposits and investments in the SSgA GBP Liquidity Fund of State Street Global Advisors PLC.
Benchmark
  • LIBID 7 day
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
0.5%
1 Year rank in sector
26/241
Sector
PN Money Market
Yield
-
Fund size
£337m (£144m last year)
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn19.3%
ReAssure HL FxIntPn Stf Pn9.2%
ReAssure HL FxIntPnStf LS Pn9.2%
Phoenix Fixed Int Individual Pn7.4%
Phoenix Prop Old Bldg Society Pn4.9%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Commercial Paper24.3%
    Certificates of Deposit19.3%
    Short Term Asset Backed13.7%
    Government Agency Bonds11.2%
    Corporate Bonds9.6%
  • Money Market100%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.2%0.5%1.5%2.7%
Sector-0.1%-0.1%0.3%0.5%1%1.5%
Rank within sector28 / 24736 / 24531 / 24626 / 24122 / 22522 / 212
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund0.5%0.5%0.5%0.5%0.7%
Sector0.6%0%0.4%0.2%0.3%
Rank within sector27 / 24221 / 22820 / 22525 / 21932 / 212
Quartile1st1st1st1st1st
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.
0.5
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.
0.25
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.
0.6
Price movement
52 week high2.08
52 week low2.07
Current bid price-
Current offer price-
Current mid price2.08
Region
1Money Market100%
Industry sector
1Commercial Paper24.28%
2Certificates of Deposit19.33%
3Short Term Asset Backed13.71%
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
1SSGA GBP LIQUIDITY Z STABLE98.2%
Management
Fund manager group
State Street
Fund manager company
SSGA UK
Fund type
Pension Fund
Fund objective
The Fund will be measured against the London Interbank 7 day deposit rate, or its recognised equivalent. The Fund aims to maintain safety of principal through investment in short term money market instruments, fixed deposits and investments in the SSgA GBP Liquidity Fund of State Street Global Advisors PLC.
Benchmark
  • LIBID 7 day
Investment style
No data available.
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 Sterling Liquidity 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 price2.0789
CurrencyGBP
Price updated30/11/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeWN63
Data provided by

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This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.