Fact sheet: Stan Life Active Hghr Intrst Pn

Fund information
Fund name
Stan Life Active Higher Interest Pn SB
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund manager
  • Greg Cooksonsince 30/08/2012
No data available.
Fund objective
The fund aims to provide higher returns than Money Market funds. It does this by investing not only in bank and building society deposits but also in a variety of other instruments including Certificates of Deposits (CDs), Commercial Paper, Covered Bonds, Fixed and Floating Rate Medium Term Notes (MTN), Asset Backed Securities (ABS) and Residential Mortgage Backed Securities (RMBS) where, when purchased, repayment is typically expected within 5 years. The fund is actively managed by our investment team who may also invest in short-term bonds issued or backed by the UK government. The volatility of this fund is expected to be higher than that of Money Market funds.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Specialist
Yield
-
Fund size
£322m (£330m 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.
2
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Fund name1 Year
OMW Neptune Rus + Grtr Rus38.7%
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L&G Nep Russia&Gtr Russia Pn38%
SIP Fidelity Gbl Technology Pn34.2%
OMW InvescoPerpetualEmgEurpn33.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • Certificates of Deposit36.4%
    Floating Rate Notes36.3%
    Commercial Paper7.8%
    Call Deposit6.2%
    Fixed Interest Deposit5.4%
  • Money Market96.9%
    Global Fixed Interest3.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund------
Sector-1.8%-0.3%7.2%8.4%19.9%43%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund--0.8%--
Sector8.9%2%7.2%11%7.7%
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high-
52 week low-
Current bid price-
Current offer price-
Current mid price101.5
Region
No data available.
Industry sector
1Certificates of Deposit36.4%
2Floating Rate Notes36.3%
3Commercial Paper7.8%
4Call Deposit6.2%
5Fixed Interest Deposit5.4%
6Cash Funds4.8%
7Fixed Interest3.1%
Asset type
1Money Market96.9%
2Global Fixed Interest3.1%
Individual holdings
1BANK OF MONTREAL7.6%
2ROYAL BANK OF CANADA6.5%
3SLI STERLING VNAV LIQUIDITY FUND4.8%
4GOLDMAN SACHS4.6%
5NATIONAL AUSTRALIA BANK4.6%
6BANQUE FEDERATIVE DU CREDIT MUTUEL3.9%
7CREDIT AGRICOLE3.9%
8DANSKE BANK3.9%
9DZ BANK3.9%
Management
Fund manager group
Standard Life Investments
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund objective
The fund aims to provide higher returns than Money Market funds. It does this by investing not only in bank and building society deposits but also in a variety of other instruments including Certificates of Deposits (CDs), Commercial Paper, Covered Bonds, Fixed and Floating Rate Medium Term Notes (MTN), Asset Backed Securities (ABS) and Residential Mortgage Backed Securities (RMBS) where, when purchased, repayment is typically expected within 5 years. The fund is actively managed by our investment team who may also invest in short-term bonds issued or backed by the UK government. The volatility of this fund is expected to be higher than that of Money Market funds.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Greg Cookson30/08/2012He joined Standard Life in January 2006. He currently manages the Sterling and Euro Liquidity Plus Funds. His professional qualifications include the ACI diploma.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Stan Life Active Higher Interest Pn S2
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price102.797
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGLQN
Stan Life Active Higher Interest Pn S4
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price99.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGLQP
Stan Life Active Higher Interest Pn S5
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.01%
Bid price-
Offer price-
Mid price104.165
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGLQQ
Stan Life Active Higher Interest Pn S9
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 price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGLQR
Stan Life Active Higher Interest Pn SB
Initial charge-
Annual charge0.13%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.14%
Bid price-
Offer price-
Mid price101.5
CurrencyGBX
Price updated21/07/2015
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGLQS
Data provided by

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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.