Fact sheet: SSgA USD Liquidity

Fund information
Fund name
SSgA USD Liquidity I 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 U.S. Dollars and consistent with those objectives, earn current income and aims to provide a return in line with money market rates.
Benchmark
  • 7 DAY US$ LIBID
Investment style
Liquidity
Investment method
Certificate of Deposit
Quick stats
1 Year return
0.4%
1 Year rank in sector
13/56
Sector
FO Currency - US Dollar
Yield
0.6%
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
£13,388m (£15,061m 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.
65
Top in this sector
Fund name1 Year
Hume Caut MA $1%
BlackRock ICSInt$UlStBd0.9%
CMI US Dollar Currency Reserve0.7%
Dimensional One Year Fxd Inc Pfl0.7%
Amundi Cash USD0.6%
...more in FO Currency - US Dollar

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Commercial Paper36%
    Certificates of Deposit32.3%
    Time Deposits16.3%
    Asset Backed Commercial Paper7.3%
    Money Market6.9%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.2%0.4%0.4%0.7%
Sector0%0%0.2%0.3%0.3%0.6%
Rank within sector17 / 6013 / 5913 / 5713 / 5613 / 5215 / 50
Quartile2nd1st1st1st1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund0.3%0.1%0%0.1%0.2%
Sector0.2%0.1%-0%-0.1%0.4%
Rank within sector13 / 5718 / 5419 / 5216 / 5115 / 50
Quartile1st2nd2nd2nd2nd
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.
0.1
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.
0.26
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%.
0.05
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.
0.08
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.
0.2
Price movement
52 week high1
52 week low1
Current bid price-
Current offer price-
Current mid price1
Region
1Money Market100%
Industry sector
1Commercial Paper36.02%
2Certificates of Deposit32.27%
3Time Deposits16.35%
4Asset Backed Commercial Paper7.31%
5Money Market6.94%
6Corporate Bonds1.12%
Asset type
1Money Market100%
Individual holdings
1Credit Industriel et Commercial/New York2.61%
2Caisse des Depots et Consignations1.87%
3Norinchukin Bank/New York1.49%
4Royal Bank of Canada/NY1.49%
5DBS Bank Ltd1.31%
6HSBC Bank PLC1.31%
7ING Bank NV1.31%
8Nordea Bank AB1.31%
9Toyota Motor Credit Corp1.27%
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 U.S. Dollars and consistent with those objectives, earn current income and aims to provide a return in line with money market rates.
Benchmark
  • 7 DAY US$ LIBID
Investment style
Liquidity
Investment method
Certificate of Deposit
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 USD Liquidity I Stable NAV
Initial charge-
Annual charge0.3%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.33%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeBU44
SSgA USD Liquidity Institutional Acc
Initial charge-
Annual charge0.2%
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)0.23%
Bid price-
Offer price-
Mid price10.664
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA8S1
SSgA USD Liquidity P Acc
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)0.6%
Bid price-
Offer price-
Mid price10.0653
CurrencyUSD
Price updated21/12/2012
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeD6B1
SSgA USD Liquidity S
Initial charge-
Annual charge-
Min single investment£500,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)0.35%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeJ946
SSgA USD Liquidity S2
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)0.15%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNKH8
SSgA USD Liquidity S3
Initial charge-
Annual charge-
Min single investment£50,000,000
Min regular saving£5,000
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)0.15%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeA1AD
SSgA USD Liquidity Z Stable NAV
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)0.6%
Bid price-
Offer price-
Mid price1
CurrencyUSD
Price updated26/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNGO5
SSgA USD Liquidity Z USD
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)-
Bid price-
Offer price-
Mid price10.7365
CurrencyUSD
Price updated26/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code09W6
Data provided by

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