Fact sheet: Santander Investment Inc Pfl

Fund information
Fund name
Santander Investment Income Portfolio XI
Fund manager company
Santander Asset Mgmt UK Ltd
Fund type
OEIC
Fund managers
  • David Scammellsince 01/11/2013
Fund objective
The Fund's objective and aim is to provide a good level of income with the potential for capital gain by investing primarily in investment grade corporate bonds.The policy is to undertake active fund management to identify and source investment quality corporate securities with good income flows and the potential for capital gain from future credit upgrades.The manager wil use both in house and external resources to collate and analyse detailed credit research at both individual company and industry sector levels to allow implementation of credit based investment strategies. Investment management will also utilise duration strategies based on macro exonomic analysis, which seek to manage future interest rate expectations and trends whilst also managing the term to maturity of the bonds.The Fund may also invest in government securities and money market instruments.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
9.5%
1 Year rank in sector
-
Sector
UT Unclassified
Yield
3%
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.
0.77%
Fund size
£603m (£611m 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.
41
Mid price
158
Top in this sector
Fund name1 Year
Santander Global Emg Shs Pfl42%
FP Aggressive Portfolio Overlay29.5%
HSBC Wld Sel Dynamic Pfl27.6%
FP Verbatim Portfolio 727.6%
Rathbone Pharaoh Income26.5%
...more in UT Unclassified

Performance snapshot

Holdings snapshot

  • UK55.9%
    USA12.8%
    Netherlands8.1%
    Not Specified6.6%
    France6.5%
  • Fixed Interest99.3%
    Money Market6.2%
    Others-5.6%
  • Global Corporate Fixed Interest94.2%
    Money Market6.2%
    Global High Yield Fixed Interest0.5%
    UK Gilts-0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%2.2%5.5%9.5%19.3%33.1%
Sector1.6%2.1%6.6%15.6%23.3%48.1%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund2.8%9.8%-1.1%10.3%-1.3%
Sector4.1%11.5%1.7%5.7%9.6%
Rank within sector-----
Quartile
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.
1.11
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.
0.66
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.
0.34
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%.
6.96
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.
6.1
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.
-0.24
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.
0.3
Price movement
52 week high166.4
52 week low149.1
Current bid price-
Current offer price-
Current mid price158
Region
1UK55.91%
2USA12.84%
3Netherlands8.11%
4Not Specified6.61%
5France6.51%
6Money Market6.21%
7Ireland4.07%
8Sweden1.37%
9Spain1.14%
Industry sector
1Fixed Interest99.35%
2Money Market6.21%
3Others-5.56%
Asset type
1Global Corporate Fixed Interest94.2%
2Money Market6.2%
3Global High Yield Fixed Interest0.5%
4UK Gilts-0.9%
Individual holdings
1BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500002.94%
2TREASURY 4.25% GILT 7/12/462.15%
3HSBC HLDGS 5.75% SUBORD NTS 20/12/27 GBP10001.94%
4TREASURY 4.5% GILT 7/12/42 GBP1.88%
5WAL-MART STORES INC 5.625% BDS 27/03/34 GBP10001.81%
6EDF 5.5% BDS 17/10/41 GBP1000001.76%
7GE CAPITAL UK FUNDING UNLTD CO 5.875% NTS 18/01/33 GBP10001.71%
8GE CAPITAL UK FUNDING UNLTD CO 6.25% NTS 05/05/38 GBP10001.55%
9GLAXOSMITHKLINE CAPITAL 6.375% NTS 09/03/39 GBP500001.52%
Management
Fund manager group
Santander Asset Mgmt UK
Fund manager company
Santander Asset Mgmt UK Ltd
Fund type
OEIC
Fund objective
The Fund's objective and aim is to provide a good level of income with the potential for capital gain by investing primarily in investment grade corporate bonds.The policy is to undertake active fund management to identify and source investment quality corporate securities with good income flows and the potential for capital gain from future credit upgrades.The manager wil use both in house and external resources to collate and analyse detailed credit research at both individual company and industry sector levels to allow implementation of credit based investment strategies. Investment management will also utilise duration strategies based on macro exonomic analysis, which seek to manage future interest rate expectations and trends whilst also managing the term to maturity of the bonds.The Fund may also invest in government securities and money market instruments.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
David Scammell01/11/2013David Scammell, Senior Sovereign Bond Fund Manager at Santander Asset Management, has more than 20 years’ experience in fund management, specifically running euro, sterling and dollar government bond portfolios and strategies. He has previously worked at a number of major independent asset management companies, such as Schroders and Foreign & Colonial, and leading European central banks, including the Bank of England and the Bank for International Settlements. In his current role, David plays a principle part in the decision making process for euro and sterling interest rate and country investments. He is also the lead manager of the Santander Asset Management Government Bond Fund and the Santander Asset Management Investment Income Portfolio.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Santander Investment Income Portfolio RI
Initial charge-
Annual charge0.75%
Min single investment£500
Min regular saving£2
Available in ISAYes
Ongoing charge (OCF)0.77%
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price174.3
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI9S9
Santander Investment Income Portfolio XI
Initial charge-
Annual charge0.75%
Min single investment£500
Min regular saving£2
Available in ISAYes
Ongoing charge (OCF)0.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price158
CurrencyGBX
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI7TT
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