Fact sheet: Sarasin Sterling Bond

Fund information
Fund name
Sarasin Sterling Bond I Acc
Fund manager company
Sarasin Investment Funds Ltd
Fund type
OEIC
Fund managers
  • John Godleysince 03/05/2006
Fund objective
The Fund seeks to provide an income greater that the UK Gilt market through investment in predominantly sterling-denominated bonds.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
7.5%
1 Year rank in sector
13/77
Sector
UT Sterling Strategic Bond
Yield
2.9%
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.
0.71%
Fund size
£160m (£150m 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.
38
Mid price
164.6
Top in this sector
Fund name1 Year
Fidelity I Stg Cr + Bd11.8%
Natixis LS Stgc Inc11%
Fidelity UK Inv Grd Lg Cr10.6%
Fidelity Pre-Retirmnt Bd9.8%
NFU Mutual Gilt & Corporate Bond8.9%
...more in UT Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK90.2%
    Europe ex UK4.3%
    North America3.7%
    Global Emerging Markets1.7%
  • Government Bonds45.8%
    Corporate Bonds29%
    Asset/Mortgage-Backed Securities17.6%
    Government Agency Bonds6.3%
    Mutual Funds0.7%
  • Global Fixed Interest97.8%
    Alternative Investment Strategies2.1%
    Money Market0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%-5.3%2.7%7.5%17.6%28.1%
Sector-1.2%-3.1%2.3%4.9%12.6%32.2%
Rank within sector71 / 8364 / 8227 / 8213 / 7715 / 7147 / 60
Quartile4th4th2nd1st1st4th
Calendar performance
 YTD - 20162015201420132012
Fund7.8%-0.7%10.6%-2.3%8%
Sector5.7%-0.3%6.8%2.6%12.6%
Rank within sector16 / 7754 / 7416 / 7255 / 6449 / 61
Quartile1st3rd1st4th4th
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.
0.15
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.
1.37
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.
0.33
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%.
5.98
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.
3.97
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.
0.38
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.
0.6
Price movement
52 week high175.3
52 week low152.6
Current bid price-
Current offer price-
Current mid price164.6
Region
1UK90.2%
2Europe ex UK4.3%
3North America3.7%
4Global Emerging Markets1.7%
Industry sector
1Government Bonds45.8%
2Corporate Bonds29%
3Asset/Mortgage-Backed Securities17.6%
4Government Agency Bonds6.3%
5Mutual Funds0.7%
6High Yield Bond0.6%
Asset type
1Global Fixed Interest97.8%
2Alternative Investment Strategies2.1%
3Money Market0.2%
Individual holdings
1TREASURY 3.5% GILT 22/01/45 GBP6.6%
2TREASURY 3.75% GILT 07/09/19 GBP0.015.8%
3TREASURY 8% GILT 20214.6%
4TREASURY 4.25% GILT 07/03/36 GBP0.014.4%
5TREASURY 3.75% GILT 07/09/21 GBP4.3%
6TREASURY 4% GILT 07/03/22 GBP0.014.2%
7US TREASURY N/B 2.2500% 15/11/24 USD4.2%
8TREASURY 4.25% GILT 07/12/27 GBP0.01 WI3.3%
9TREASURY 4.75% GILT 07/12/30 GBP2.7%
Management
Fund manager group
Sarasin
Fund manager company
Sarasin Investment Funds Ltd
Fund type
OEIC
Fund objective
The Fund seeks to provide an income greater that the UK Gilt market through investment in predominantly sterling-denominated bonds.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
John Godley03/05/2006A Sarasin Investment Management employee since June 2002, John started his career in fixed income in 1986. He was previously a portfolio manager and credit analyst for GE Insurance Holdings, a part of GE Capital. During the 1990s he worked for Guardian Royal Exchange, where he became Head of Global Fixed Income with responsibility for portfolios totaling £5bn.
Compliance
IA Recognised, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom, Guernsey, Ireland, Jersey
Sarasin Sterling Bond I Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price164.6
CurrencyGBX
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeD950
Sarasin Sterling Bond I Inc
Initial charge-
Annual charge0.5%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.71%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price112.3
CurrencyGBX
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeD949
Data provided by

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