Fact sheet: Stan Life Inv EthCorpBd

Fund information
Fund name
Standard Life Investments Ethical Corporate Bond Ret Platform 1 Acc
Fund manager company
Standard Life Investments
Fund type
OEIC
Fund managers
  • Mark Munrosince 01/03/2014
Fund objective
The fund aims to provide a level of income, before charges, above that available on UK Government bonds 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, 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 and which meet our strict ethical criteria. These criteria are agreed with the Standard Life Ethical Funds Advisory Group and may be amended from time to time if considered appropriate. The fund manager will exclude companies which fail to meet the ethical criteria whilst seeking to include companies whose business activities are regarded as making a positive contribution to society.
Benchmark
  • IA £ Corporate Bond Sector
Investment style
Active
Investment method
Fixed Interest
Quick stats
1 Year return
5.1%
1 Year rank in sector
54/91
Sector
UT Sterling Corporate Bond
Yield
3%
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.
0.66%
Fund size
£281m (£176m 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.
35
Mid price
66.13
Top in this sector
Fund name1 Year
Schroder Long Dated Corp Bond10.4%
F&C Instl Lg Dtd Corp Bd9.2%
Newton Long Corporate Bond9.2%
Henderson Inst Long Dat Cr9.1%
Blackrock InstBdOver10YrCorp8.4%
...more in UT Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • International100%
  • Financials39.5%
    Corporate Bonds38.1%
    Asset/Mortgage-Backed Securities11.5%
    Government Bonds8.6%
    Others2.3%
  • Others41.8%
    Global Corporate Fixed Interest38.1%
    Global Fixed Interest11.5%
    Global Government Fixed Interest8.6%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.5%-5.9%2.3%5.1%16.5%40.8%
Sector-1.6%-4.9%2.7%5.4%16.6%35%
Rank within sector38 / 9768 / 9459 / 9454 / 9150 / 8626 / 71
Quartile2nd3rd3rd3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.8%-0%9.6%1.1%15.5%
Sector6.9%-0.3%10.1%0.2%12.1%
Rank within sector48 / 9243 / 9054 / 8733 / 7817 / 71
Quartile3rd2nd3rd2nd1st
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.
-0.16
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.
0.33
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%.
5.66
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.
0.89
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.
0.98
Price movement
52 week high70.57
52 week low61.36
Current bid price-
Current offer price-
Current mid price66.13
Region
1International100%
Industry sector
1Financials39.5%
2Corporate Bonds38.1%
3Asset/Mortgage-Backed Securities11.5%
4Government Bonds8.6%
5Others2.3%
Asset type
1Others41.8%
2Global Corporate Fixed Interest38.1%
3Global Fixed Interest11.5%
4Global Government Fixed Interest8.6%
Individual holdings
1LLOYDS BANKING GROUP PLC6.5%
2EIB3.4%
3NATIONAL GRID2.8%
4ROYAL BK SCOT ORD GBP0.252.8%
5SCOTTISH & SOUTHERN ENERGY2.8%
6BARCLAYS BANK PLC2.3%
7HSBC HOLDINGS PLC2.1%
8WELLS FARGO & CO2%
9ORANGE SA1.7%
Management
Fund manager group
Standard Life Investments
Fund manager company
Standard Life Investments
Fund type
OEIC
Fund objective
The fund aims to provide a level of income, before charges, above that available on UK Government bonds 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, 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 and which meet our strict ethical criteria. These criteria are agreed with the Standard Life Ethical Funds Advisory Group and may be amended from time to time if considered appropriate. The fund manager will exclude companies which fail to meet the ethical criteria whilst seeking to include companies whose business activities are regarded as making a positive contribution to society.
Benchmark
  • IA £ Corporate Bond Sector
Investment style
Active
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Mark Munro01/03/2014Mark is responsible for managing a number of institutional funds in the corporate bond team. Previously in his role as an analyst Mark was responsible for providing company research and trade ideas for the credit team. He has also worked as an analyst on the UK small cap equities team.Before joining SWIP, Mark spent four years working in the derivatives market, trading futures electronically on the Chicago Board of Trade.Mark is a CFA charterholder and has the Investment Management Certificate. He is a Bachelor of Law (LLB) from the University of Edinburgh.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Standard Life Investments Ethical Corporate Bond Inst A Acc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price53.05
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2TE
Standard Life Investments Ethical Corporate Bond Inst A Inc
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.11%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price52.14
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE2TF
Standard Life Investments Ethical Corporate Bond Inst Acc
Initial charge-
Annual charge0.5%
Min single investment£50,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price81.37
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeTJ49
Standard Life Investments Ethical Corporate Bond Inst Inc
Initial charge-
Annual charge0.5%
Min single investment£50,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.61%
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price54.85
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeTJ50
Standard Life Investments Ethical Corporate Bond Ret Acc
Initial charge4%
Annual charge1%
Min single investment£500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price77.96
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeTJ93
Standard Life Investments Ethical Corporate Bond Ret Inc
Initial charge4%
Annual charge1%
Min single investment£500
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.03%
Total expense ratio (TER)1.11%
Bid price-
Offer price-
Mid price54.69
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeTJ48
Standard Life Investments Ethical Corporate Bond Ret Platform 1 Acc
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price66.13
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code10GR
Standard Life Investments Ethical Corporate Bond Ret Platform 1 Inc
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.66%
Total expense ratio (TER)0.66%
Bid price-
Offer price-
Mid price58.12
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi code10GS
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.