Fact sheet: Stan Life Active Hghr Intrst Pn

Fund information
Fund name
Stan Life Active Higher Interest Pn S2
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
0.4%
1 Year rank in sector
-
Sector
PN Specialist
Yield
-
Fund size
£252m (£357m last year)
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus80.7%
ReAssure AL NptRu&GtrRus Pn79.9%
L&G Nep Russia&Gtr Russia Pn77.9%
SIP Sanlam Gbl Fin Pn67.4%
OMW InvescoPerpetualEmgEurpn66.5%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • Floating Rate Notes35.3%
    Certificates of Deposit34%
    Commercial Paper9.9%
    Call Deposit8%
    Fixed Interest Deposit7.9%
  • Money Market99.2%
    Global Fixed Interest0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0%0.1%0.2%0.4%1.5%-
Sector1.5%4.3%3.7%17%23.8%42%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund0%0.5%0.4%0.7%0.7%
Sector1.9%11.6%2%7.2%11%
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.
0.51
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%.
0.07
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.
5.95
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.
-1.07
Price movement
52 week high102.88
52 week low102.44
Current bid price-
Current offer price-
Current mid price102.88
Region
No data available.
Industry sector
1Floating Rate Notes35.3%
2Certificates of Deposit34%
3Commercial Paper9.9%
4Call Deposit8%
5Fixed Interest Deposit7.9%
6Cash Funds4.1%
7Fixed Interest0.8%
Asset type
1Money Market99.2%
2Global Fixed Interest0.8%
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 price102.883
CurrencyGBX
Price updated20/02/2017
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 price99.8
CurrencyGBX
Price updated20/02/2017
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 price104.322
CurrencyGBX
Price updated20/02/2017
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
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.