Fact sheet: Stan Life Long Corporate Bd Pn

Fund information
Fund name
Stan Life Long Corporate Bond Pn S3
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund managers
  • Louise Smithsince 01/04/2016
No data available.
Fund objective
The fund aims to provide long term growth mainly from the reinvestment of income generated by investing predominantly in Sterling denominated corporate bonds. These will predominantly be securities with a longer term to maturity (typically greater than 10 years), however the fund may invest a proportion of its assets in shorter dated bonds. The fund is actively managed by our investment team who may also invest a proportion of the assets in other bonds (e.g. overseas bonds and gilts) and/or money market instruments to try to take advantage of opportunities they have identified. 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 purposes of efficient portfolio management, reduction of risk or to meet its investment objective if this is permitted and appropriate. The sterling value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations.
Benchmark
  • ML Sterling Non-gilts >10 Yrs
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.9%
1 Year rank in sector
63/118
Sector
PN Sterling Long Bonds
Yield
-
Fund size
£856m (£1,055m 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.
63
Top in this sector
Fund name1 Year
OMW IPL Aviva Lg Dtd Corp Bd Pn44%
Stan Life L&G Ov15Yr IL GltIdx Pn29.8%
Pru Sup Lg Idx Lkd Pn21.9%
M&G PP Super Long Index Linked Pn21.8%
OMW M&G PP Lg Dted Corp Bd Pn19%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

  • International100%
  • Corporate Bonds44.7%
    Financials23.3%
    Asset/Mortgage-Backed Securities18.2%
    Government Bonds12.3%
    Others1.5%
  • Global Corporate Fixed Interest44.7%
    Others24.8%
    Global Fixed Interest18.2%
    Global Government Fixed Interest10.8%
    UK Gilts1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%4.2%6.4%12.9%28.2%49.2%
Sector-0.3%4.2%6.1%13.7%38.4%48.8%
Rank within sector23 / 12369 / 12162 / 12063 / 118101 / 10848 / 100
Quartile1st3rd3rd3rd4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund3.5%15.1%-1.1%15.4%-0.3%
Sector2.9%17.7%0%21.3%-4.3%
Rank within sector28 / 12095 / 11884 / 110104 / 10513 / 101
Quartile1st4th4th4th1st
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.
-0.79
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.
0.83
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.
0.54
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%.
9.97
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.
3.85
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.
-0.69
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.
0.88
Price movement
52 week high201.2
52 week low169.7
Current bid price-
Current offer price-
Current mid price191.9
Region
1International100%
Industry sector
1Corporate Bonds44.7%
2Financials23.3%
3Asset/Mortgage-Backed Securities18.2%
4Government Bonds12.3%
5Others1.5%
Asset type
1Global Corporate Fixed Interest44.7%
2Others24.8%
3Global Fixed Interest18.2%
4Global Government Fixed Interest10.8%
5UK Gilts1.5%
Individual holdings
1LLOYDS BANKING GROUP 6.5% 20401.7%
2NETWORK RAIL INFRASTRUCTURE FINANCE 4.75% NTS 29/11/35 GBP500001.7%
3AT&T INC 7% BDS 30/04/40 GBP(VAR)1.6%
4GE CAPITAL UK FUNDING UNLTD CO 4.125% NTS 13/09/23 GBP1000001.5%
5AT&T 5% 20431.4%
6RESEAU FERRE DE FRANCE 4.83% 20601.4%
7HEATHROW FUNDING 4.625% 20461.3%
8WAL-MART STORES 5.25% 20351.3%
9EUROPEAN INVESTMENT BANK 4.625% NTS 12/10/54 GBP10001.2%
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 long term growth mainly from the reinvestment of income generated by investing predominantly in Sterling denominated corporate bonds. These will predominantly be securities with a longer term to maturity (typically greater than 10 years), however the fund may invest a proportion of its assets in shorter dated bonds. The fund is actively managed by our investment team who may also invest a proportion of the assets in other bonds (e.g. overseas bonds and gilts) and/or money market instruments to try to take advantage of opportunities they have identified. 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 purposes of efficient portfolio management, reduction of risk or to meet its investment objective if this is permitted and appropriate. The sterling value of overseas assets held in the fund may rise and fall as a result of exchange rate fluctuations.
Benchmark
  • ML Sterling Non-gilts >10 Yrs
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Louise Smith01/04/2016
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Stan Life Long Corporate Bond Pn S2
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.31%
Bid price-
Offer price-
Mid price319.1981
CurrencyGBX
Price updated22/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeG3AF
Stan Life Long Corporate Bond Pn S3
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price191.9
CurrencyGBX
Price updated22/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeL829
Stan Life Long Corporate Bond Pn S5
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.01%
Bid price-
Offer price-
Mid price261.4772
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE619
Stan Life Long Corporate Bond Pn S7
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price-
Offer price-
Mid price228.198
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeUR30
Stan Life Long Corporate Bond Pn S8
Initial charge-
Annual charge0.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.61%
Bid price-
Offer price-
Mid price278.7587
CurrencyGBX
Price updated22/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeBU71
Stan Life Long Corporate Bond Pn UKS4
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.01%
Bid price-
Offer price-
Mid price186.4
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ774
Data provided by

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