Fact sheet: Stan Life Inv CorpBnd

Fund information
Fund name
Standard Life Investments Corporate Bond Platform 1 Acc
Fund manager company
Standard Life Investments
Fund type
OEIC
Fund managers
  • Adam Walkersince 01/01/2005
Fund objective
The fund aims to provide a return from a combination of income and capital growth by investing predominantly in investment grade bonds. The fund is actively managed by our investment teams who may invest in a wide range of bonds (e.g. corporate bonds including sub investment grade bonds, government backed securities, overseas bonds, index-linked bonds, floating rate notes (FRNs) and asset backed securities (ABSs)) and/or money market instruments in order to take advantage of opportunities they have identified.
Benchmark
  • IA £ Corporate Bond Sector
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.5%
1 Year rank in sector
32/91
Sector
UT Sterling Corporate Bond
Yield
3.4%
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.
0.67%
Fund size
£273m (£244m 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.
34
Mid price
139.9
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond11.8%
F&C Instl Lg Dtd Corp Bd10.8%
Henderson Inst Long Dat Cr10.6%
Newton Long Corporate Bond10.4%
Blackrock InstBdOver10YrCorp9.8%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK100%
  • Financials46.1%
    Corporate Bonds40.9%
    Asset/Mortgage-Backed Securities10.4%
    Government Bonds3.1%
    Others-0.5%
  • UK Corporate Fixed Interest100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-5%3.8%6.5%16.9%45.9%
Sector-1.4%-5%2.9%5.9%16.4%35.1%
Rank within sector35 / 9742 / 9415 / 9432 / 9145 / 8613 / 71
Quartile2nd2nd1st2nd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund7.9%-1.6%10.8%1.9%16.1%
Sector6.9%-0.3%10.1%0.2%12.1%
Rank within sector23 / 9283 / 9039 / 8717 / 7811 / 71
Quartile1st4th2nd1st1st
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.
-0.49
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.
1.13
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.
0.32
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%.
6.12
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.
1.37
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.
0.12
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.
0.96
Price movement
52 week high147.5
52 week low127.1
Current bid price-
Current offer price-
Current mid price139.9
Region
1UK100%
Industry sector
1Financials46.1%
2Corporate Bonds40.9%
3Asset/Mortgage-Backed Securities10.4%
4Government Bonds3.1%
5Others-0.5%
Asset type
1UK Corporate Fixed Interest100%
Individual holdings
1AA 4.72% 20181.7%
2LONGSTONE FINANCE 4.896% 20311.5%
3AT&T INC 5.2% NTS 18/11/33 GBP3500000001.4%
4E.ON INTERNATIONAL FINANCE 6.75% MTN 27/01/39 GBP500001.4%
5TESCO 6.125% NTS 24/02/22 GBP500001.3%
6AA 4.249% 20201.2%
7ELECTRICITE DE FRANCE 5.875% PERP1.2%
8SOUTHERN WATER SERVICES 4.5% 20381.2%
9BARCLAYS BANK 10.0% 20211.1%
Management
Fund manager group
Standard Life Investments
Fund manager company
Standard Life Investments
Fund type
OEIC
Fund objective
The fund aims to provide a return from a combination of income and capital growth by investing predominantly in investment grade bonds. The fund is actively managed by our investment teams who may invest in a wide range of bonds (e.g. corporate bonds including sub investment grade bonds, government backed securities, overseas bonds, index-linked bonds, floating rate notes (FRNs) and asset backed securities (ABSs)) and/or money market instruments in order to take advantage of opportunities they have identified.
Benchmark
  • IA £ Corporate Bond Sector
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Adam Walker01/01/2005Adam Walker joined Ignis Asset Management in October 2000 and is responsible for the Ignis Corporate Bond Fund and the Ignis High Income Bond Fund. In addition, he has responsibility for European, Sterling and Non-Financial, as well as the High Yield life company mandates. Adam began his career by spending three years at Barclays Stockbrokers. He graduated from Strathclyde University in 1997 with an MSc in Operational Research after gaining a BSc in Aerospace Engineering.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Standard Life Investments Corporate Bond Institutional Acc
Initial charge-
Annual charge0.5%
Min single investment£50,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price53.73
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMS7M
Standard Life Investments Corporate Bond Institutional Inc
Initial charge-
Annual charge0.5%
Min single investment£50,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.62%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price51.86
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMS7N
Standard Life Investments Corporate Bond Platform 1 Acc
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price139.9
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code04RF
Standard Life Investments Corporate Bond Platform 1 Inc
Initial charge-
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£1,000
Available in ISANo
Ongoing charge (OCF)0.67%
Total expense ratio (TER)0.64%
Bid price-
Offer price-
Mid price113.9
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi code04RG
Standard Life Investments Corporate Bond Retail Acc
Initial charge4.25%
Annual charge1.1%
Min single investment£500
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price323.2
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB505
Standard Life Investments Corporate Bond Retail Inc
Initial charge4.25%
Annual charge1.1%
Min single investment£500
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.01%
Total expense ratio (TER)1.19%
Bid price-
Offer price-
Mid price102.7
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLS17
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