Fact sheet: Stan Life EY P-r(Fix) Pass Pn

Fund information
Fund name
Stan Life EY Pre-retirement (fixed) Passive Pn S4
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund manager
No data available.
No data available.
Fund objective
The Fund aims to provide an element of protection from changes in the cost of buying a fixed annuity (or one which increases by a fixed amount each year), by investing in a range of gilt and sterling denominated corporate bond funds. Please note that this Fund may not be suitable for everyone (e.g. it may not be suitable for an employee who is not considering annuity purchase or for those who intend to buy an inflation linked annuity). The Fund does not provide any guarantee in relation to the level of pension income you will be able to purchase at retirement. It also does not protect against changes in the cost of purchasing an annuity that may arise due to changes in life expectancy. The Fund may only invest in passive index tracking funds. Where the Fund invests in more than one fund, the allocation between these funds will be rebalanced periodically. These funds may use derivatives for the purposes of efficient portfolio management, reduction of risk or to meet their respective investment objectives if this is permitted and appropriate. 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 has been designed in conjunction with EY and its advisers specifically for the EY Flexible Savings Plan. Standard Life will continue to consult with EY and its advisers on the future make up of the Fund, which may be changed from time to time by Standard Life following discussion with EY and its advisers.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
9.7%
1 Year rank in sector
40/174
Sector
PN Sterling Fixed Interest
Yield
-
Fund size
£2m (£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.
76
Top in this sector
Fund name1 Year
OMW IPL F&C Sht Pr Rl Dn LDI Pn54.4%
OMW IPL F&C Real Dynamic LDI Pn41.3%
OMW IPL F&C Nominal Dyn LDI Pn36.7%
OMW IPL LGIM 2055IdxLkdGltPn25.8%
OMW IPL LGIMOvr15Yr I LGltPn22.9%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.9%-10.7%1.9%9.7%--
Sector-2.2%-6.5%4.4%9.7%24.3%33%
Rank within sector152 / 178165 / 17979 / 17740 / 174--
Quartile4th4th2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund12%-0.7%---
Sector10.8%-1.2%13.9%-1.7%6.6%
Rank within sector34 / 175124 / 153---
Quartile1st4th
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 high132.3
52 week low103.92
Current bid price-
Current offer price-
Current mid price116.96
Region
1UK100%
Industry sector
No data available.
Asset type
1UK Gilts66.8%
2UK Fixed Interest33.2%
Individual holdings
1SL VANGUARD UK LONG DURATION GILT INDEX PENSION FUND66.8%
2SL VANGUARD UK INVESTMENT GRADE BOND INDEX PENSION FUND33.2%
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 an element of protection from changes in the cost of buying a fixed annuity (or one which increases by a fixed amount each year), by investing in a range of gilt and sterling denominated corporate bond funds. Please note that this Fund may not be suitable for everyone (e.g. it may not be suitable for an employee who is not considering annuity purchase or for those who intend to buy an inflation linked annuity). The Fund does not provide any guarantee in relation to the level of pension income you will be able to purchase at retirement. It also does not protect against changes in the cost of purchasing an annuity that may arise due to changes in life expectancy. The Fund may only invest in passive index tracking funds. Where the Fund invests in more than one fund, the allocation between these funds will be rebalanced periodically. These funds may use derivatives for the purposes of efficient portfolio management, reduction of risk or to meet their respective investment objectives if this is permitted and appropriate. 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 has been designed in conjunction with EY and its advisers specifically for the EY Flexible Savings Plan. Standard Life will continue to consult with EY and its advisers on the future make up of the Fund, which may be changed from time to time by Standard Life following discussion with EY and its advisers.
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 EY Pre-retirement (fixed) Passive Pn S4
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price116.9581
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKWFX
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.