Fact sheet: Stan Life Dynamic Drawdown I Pn

Fund information
Fund name
Stan Life Dynamic Drawdown I Pn
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The fund is designed for use by investors who are taking, or intend to take, regular withdrawals from a pension plan (pension drawdown). The aim of the fund is to provide an investment strategy that may be suitable for supporting regular cash withdrawals. The fund currently invests in a combination of the SL SLI Global Absolute Return Strategies Pension Fund and money market funds. Typically the fund will have a lower allocation to the SL SLI Global Absolute Return Strategies Pension Fund than the Standard Life Dynamic Drawdown Pension II Fund. The SL SLI Global Absolute Return Strategies Pension Fund aims to provide positive investment returns in all market conditions over the medium to long term and is actively managed, with a wide investment remit to target a level of return over rolling three-year periods equivalent to cash plus five per cent per year, gross of fees. It exploits market inefficiencies through active allocation to a diverse range of market positions. The fund uses a combination of traditional assets (such as equities and bonds) and investment strategies based on advanced derivative techniques, resulting in a highly diversified portfolio. The fund can take long and short positions in markets, securities and groups of securities through derivative contracts. The money market funds may invest not only in bank and building society deposits but also in a variety of other money market instruments such as Certificates of Deposits (CDs) and Floating Rate Notes (FRNs), including Asset Backed Securities (ABSs). The holdings within the fund are regularly reviewed for ongoing suitability by Standard Life and may be changed from time to time. The value of investments within the fund can fall as well as rise and is not guaranteed – you may get back less than you pay in. The fund may use derivatives for the purpose of efficient portfolio management and to meet its investment objective. The sterling value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-3.2%
1 Year rank in sector
794/796
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£1m (£1m 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.
18
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn26.4%
Scot Eq Sequel Adventurous Pn23.9%
Scot Eq Sequel Adven Jrny Pn23.9%
Scot Eq Caerus Pfl DRP 4 Pn23.2%
FL My Ftr Advantage Gth Pn22.2%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.2%-0.4%-1%-3.2%1.5%-
Sector0.1%-0.1%8.9%11.9%22.7%49.3%
Rank within sector576 / 913632 / 912892 / 894794 / 796689 / 692-
Quartile3rd3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-2.9%1.2%2.7%3.5%-
Sector11.5%2.2%5.7%13.1%9.9%
Rank within sector798 / 800571 / 753617 / 692649 / 661-
Quartile4th4th4th4th
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.
-0.95
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.
0.2
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
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%.
2.55
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.
6.01
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.
-0.96
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.
0.31
Price movement
52 week high108.17
52 week low104.16
Current bid price-
Current offer price-
Current mid price104.75
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
1SL SLI GLOBAL ABSOLUTE RETURN STRATEGIES PENSION FUND60%
2STANDARD LIFE DEPOSIT AND TREASURY PENSION FUND40%
Management
Fund manager group
Standard Life Investments
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund objective
The fund is designed for use by investors who are taking, or intend to take, regular withdrawals from a pension plan (pension drawdown). The aim of the fund is to provide an investment strategy that may be suitable for supporting regular cash withdrawals. The fund currently invests in a combination of the SL SLI Global Absolute Return Strategies Pension Fund and money market funds. Typically the fund will have a lower allocation to the SL SLI Global Absolute Return Strategies Pension Fund than the Standard Life Dynamic Drawdown Pension II Fund. The SL SLI Global Absolute Return Strategies Pension Fund aims to provide positive investment returns in all market conditions over the medium to long term and is actively managed, with a wide investment remit to target a level of return over rolling three-year periods equivalent to cash plus five per cent per year, gross of fees. It exploits market inefficiencies through active allocation to a diverse range of market positions. The fund uses a combination of traditional assets (such as equities and bonds) and investment strategies based on advanced derivative techniques, resulting in a highly diversified portfolio. The fund can take long and short positions in markets, securities and groups of securities through derivative contracts. The money market funds may invest not only in bank and building society deposits but also in a variety of other money market instruments such as Certificates of Deposits (CDs) and Floating Rate Notes (FRNs), including Asset Backed Securities (ABSs). The holdings within the fund are regularly reviewed for ongoing suitability by Standard Life and may be changed from time to time. The value of investments within the fund can fall as well as rise and is not guaranteed – you may get back less than you pay in. The fund may use derivatives for the purpose of efficient portfolio management and to meet its investment objective. The sterling value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Stan Life Dynamic Drawdown I Pn
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.36%
Bid price-
Offer price-
Mid price104.7505
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG7FV
Data provided by

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