Fact sheet: Stan Life Inv Amn Eq Uncon

Fund information
Fund name
Standard Life Investments American Equity Unconstrained Ret Platform 1 Acc
Fund manager company
Standard Life Investments
Fund type
OEIC
Fund managers
  • Jeff Morrissince 01/01/2007
Accolades
Fund objective
The fund aims to provide long term growth by investing in US or Canadian equities (including a limited exposure to Latin and Central America). The fund typically holds a concentrated portfolio of stocks and is actively managed by our investment team, who will select stocks, without reference to index weight or size, to try to take advantage of opportunities they have identified. Due to the unconstrained nature of the fund investors must be willing to accept a relatively high degree of stock specific risk. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of assets held within the fund may rise and fall as a result of exchange rate fluctuations.
Benchmark
  • IA North America
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
24%
1 Year rank in sector
61/82
Sector
UT North America
Yield
0.1%
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.
0.92%
Fund size
£182m (£62m 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.
108
Mid price
113.2
Top in this sector
Fund name1 Year
VT De Lisle America47.1%
CF Canlife North American43.6%
Aviva Inv US Equity Income38.1%
Aviva Inv US Eq Inc II37.4%
Investec American37.1%
...more in UT North America

Performance snapshot

Holdings snapshot

  • North America96.6%
    Money Market3.4%
  • Information Technology20%
    Financials17.9%
    Health Care12.6%
    Industrials12.5%
    Consumer Discretionary11.9%
  • North American Equities96.6%
    Money Market3.4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%3.3%17.9%24%66.5%140%
Sector0.9%7%21%26%56.6%121.3%
Rank within sector82 / 9082 / 8874 / 8461 / 8212 / 739 / 64
Quartile4th4th4th3rd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund23.9%7%23.8%31.9%9.3%
Sector25.6%4.9%17.8%30.5%6.9%
Rank within sector62 / 8224 / 804 / 7323 / 6614 / 64
Quartile4th2nd1st2nd1st
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.
2.39
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.
1.06
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.
1.26
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%.
12.41
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.
3.4
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.
0.92
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.
0.93
Price movement
52 week high117.1
52 week low78.94
Current bid price-
Current offer price-
Current mid price113.2
Region
1North America96.6%
2Money Market3.4%
Industry sector
1Information Technology20%
2Financials17.9%
3Health Care12.6%
4Industrials12.5%
5Consumer Discretionary11.9%
6Consumer Staples7.7%
7Real Estate7.7%
8Energy3.7%
9Money Market3.4%
Asset type
1North American Equities96.6%
2Money Market3.4%
Individual holdings
1KRAFT HEINZ CO(THE)4.1%
2AMERICAN TOWER CORP4%
3FIRST REPUBLIC BANK SAN FRANCISCO4%
4NEWELL BRANDS INC3.9%
5UNITED HEALTHCARE LTD3.9%
6ALLSTATE CORP3.8%
7AMERICAN INTERNATIONAL GROUP INC3.8%
8Boston Scientific Corp ORD3.8%
9EQUINIX INC3.7%
Management
Fund manager group
Standard Life Investments
Fund manager company
Standard Life Investments
Fund type
OEIC
Fund objective
The fund aims to provide long term growth by investing in US or Canadian equities (including a limited exposure to Latin and Central America). The fund typically holds a concentrated portfolio of stocks and is actively managed by our investment team, who will select stocks, without reference to index weight or size, to try to take advantage of opportunities they have identified. Due to the unconstrained nature of the fund investors must be willing to accept a relatively high degree of stock specific risk. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of assets held within the fund may rise and fall as a result of exchange rate fluctuations.
Benchmark
  • IA North America
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Jeff Morris01/01/2007Jeff joined Standard Life in 2004. Jeff has over 18 years' investment experience. He is responsible for the management of the US equities and a team of 10 investment professionals. Jeff holds a BS in Business Administration from Colorado State University and an MS in Finance from the University of Colorado at Denver. He obtained Chartered Financial Analyst status in 1994.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Standard Life Investments American Equity Unconstrained Inst
Initial charge-
Annual charge0.75%
Min single investment£250,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.87%
Total expense ratio (TER)0.87%
Bid price-
Offer price-
Mid price153
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeSL61
Standard Life Investments American Equity Unconstrained Institutional S Acc
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.8%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN3ER
Standard Life Investments American Equity Unconstrained Ret
Initial charge4%
Annual charge1.3%
Min single investment£500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.34%
Total expense ratio (TER)1.62%
Bid price-
Offer price-
Mid price131.5
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSL64
Standard Life Investments American Equity Unconstrained Ret Inc
Initial charge4%
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price65.11
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMQUK
Standard Life Investments American Equity Unconstrained Ret Platform 1 Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.92%
Total expense ratio (TER)0.92%
Bid price-
Offer price-
Mid price113.2
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code10GK
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.