Fact sheet: STANLIB Euro Cash

Fund information
Fund name
STANLIB Euro Cash
Fund manager company
STANLIB Collective Inv Ltd
Fund type
No data available.
Fund manager
  • Marc Waitsince 29/06/2007
Fund objective
Aims to provide a return in line with money market rates, with capital security and liquidity being the primary considerations. At least 70% invested in Euro denominated interest bearing debt with less than 12 months to maturity. The types of debt securities may include instruments of US and other banks, commercial papers, obligations issued or guaranteed by governments, governmental agencies, or instrumentalities, variable rate notes, variable rate certificates of deposit, certain investment grade collateralised mortgage obligations and other asset-backed securities, and issues of governments and supranational agencies, such as Treasury Bills, notes and bonds. Has the freedom to invest in other permitted assets such as money market instruments and cash provided the average residual maturity of the portfolio is not more than 12 months. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. Income is reinvested in additional shares or paid to shareholders on request. Shares can usually be bought and sold each business day of the fund.
Benchmark
  • LIBID EURO 7 Day
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-0.9%
1 Year rank in sector
55/56
Sector
FO Currency - Euro
Yield
-
Fund size
£4m
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.
68
Top in this sector
Fund name1 Year
Carmignac PtfCapCbe3.1%
Amundi Abs Euro Taux Court1.4%
BNP Paribas Sht Tm Eurpn Secrtn1.1%
Petercam L Liq EUR&FRN0.7%
SG Pvt Bank Accent Euro Cash0.6%
...more in FO Currency - Euro

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%-0.2%-0.5%-0.9%-2.2%-4%
Sector-0.1%-0.2%-0.3%-0.4%-0.3%0.1%
Rank within sector52 / 5855 / 5856 / 5755 / 5652 / 5344 / 44
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-0.8%-0.7%-0.7%-1%-0.8%
Sector-0.4%-0.1%0.1%0%0.3%
Rank within sector55 / 5652 / 5352 / 5248 / 4843 / 43
Quartile4th4th4th4th4th
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.
-0.73
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.
0.16
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%.
0.04
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.
0.1
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.
-6.74
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.
0.15
Price movement
52 week high6.08
52 week low6.03
Current bid price-
Current offer price-
Current mid price6.03
Region
1France36.46%
2Netherlands11.88%
3Japan11.1%
4USA10.3%
5Sweden7.78%
6Germany6.7%
7Belgium5.51%
8Australia2.43%
9UK2.43%
Industry sector
1Money Market100%
Asset type
1Money Market100%
Individual holdings
1COOPERATIEVE RABOBANK UA FRN 18/11/16 EUR1000002.27%
2CREDIT SUISSE AG LONDON BRANCH 3.875% MTN 25/01/17 EUR500000.72%
3ALLIANZ FINANCE II BV 4% GTD MTN 23/11/16 EUR500000.22%
Management
Fund manager group
STANLIB Collective Inv
Fund manager company
STANLIB Collective Inv Ltd
Fund type
No data available.
Fund objective
Aims to provide a return in line with money market rates, with capital security and liquidity being the primary considerations. At least 70% invested in Euro denominated interest bearing debt with less than 12 months to maturity. The types of debt securities may include instruments of US and other banks, commercial papers, obligations issued or guaranteed by governments, governmental agencies, or instrumentalities, variable rate notes, variable rate certificates of deposit, certain investment grade collateralised mortgage obligations and other asset-backed securities, and issues of governments and supranational agencies, such as Treasury Bills, notes and bonds. Has the freedom to invest in other permitted assets such as money market instruments and cash provided the average residual maturity of the portfolio is not more than 12 months. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. Income is reinvested in additional shares or paid to shareholders on request. Shares can usually be bought and sold each business day of the fund.
Benchmark
  • LIBID EURO 7 Day
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Marc Wait29/06/2007Marc Wait has worked in the investment management industry for 13 years. He joined Fidelity in 2002 as a Portfolio Manager and currently manages assets in money market and short term bond funds. Marc is a CFA charter holder with a Bachelor Degree in Agricultural Economics (Hons) and a Graduate Diploma in Applied Finance and Investment.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom, Offshore, South Africa
STANLIB Euro Cash
Initial charge1%
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 price6.026
CurrencyEUR
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSQ56
Data provided by

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