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
  • Mark Kedarsince 01/01/2014
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
9.9%
1 Year rank in sector
99/117
Sector
PN Sterling Long Bonds
Yield
-
Fund size
£1,023m (£1,163m 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
Ignis Standard Lg Gilt Pn25.7%
Stan Life L&G Ov15Yr IL GltIdx Pn23.1%
Pru Sup Lg Idx Lkd Pn17.7%
M&G PP Super Long Index Linked Pn17.6%
L&G PMC Pre-RetimtInf Lkd Pn15.3%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

  • International100%
  • Corporate Bonds47.9%
    Financials20.9%
    Asset/Mortgage-Backed Securities17.8%
    Government Bonds11.6%
    Others1.8%
  • Global Corporate Fixed Interest47.9%
    Others22.7%
    Global Fixed Interest17.8%
    Global Government Fixed Interest10.7%
    UK Gilts0.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.2%-9%3.6%9.9%28%49.3%
Sector-2.6%-9.9%4.1%11.8%38.4%45.5%
Rank within sector35 / 11736 / 11940 / 11899 / 117101 / 10524 / 92
Quartile2nd2nd2nd4th4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund12.2%-1.1%15.4%-0.3%13.9%
Sector14.4%0%21.3%-4.3%6.5%
Rank within sector99 / 11884 / 110104 / 10512 / 10015 / 92
Quartile4th4th4th1st1st
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.
-1.06
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.
0.46
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%.
9.78
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.
3.79
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.
-0.72
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.
0.87
Price movement
52 week high201.2
52 week low160.2
Current bid price-
Current offer price-
Current mid price180.8
Region
1International100%
Industry sector
1Corporate Bonds47.9%
2Financials20.9%
3Asset/Mortgage-Backed Securities17.8%
4Government Bonds11.6%
5Others1.8%
Asset type
1Global Corporate Fixed Interest47.9%
2Others22.7%
3Global Fixed Interest17.8%
4Global Government Fixed Interest10.7%
5UK Gilts0.9%
Individual holdings
1E.ON INTERNATIONAL FINANCE 6.75% MTN 27/01/39 GBP500001.8%
2EUROPEAN INVESTMENT BANK 6% BDS 7/12/2028 GBP10001.7%
3AT&T INC 7% BDS 30/04/40 GBP(VAR)1.5%
4LLOYDS BANKING GROUP 6.5% 20401.5%
5NETWORK RAIL INFRASTRUCTURE FINANCE 4.75% NTS 29/11/35 GBP500001.5%
6GE CAPITAL UK FUNDING UNLTD CO 4.125% NTS 13/09/23 GBP1000001.4%
7AT&T 5% 20431.3%
8RESEAU FERRE DE FRANCE 4.83% 20601.3%
9GE CAPITAL UK FUNDING UNLTD CO 5.875% NTS 18/01/33 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
Mark Kedar01/01/2014Mark is an investment manager in the fixed income team. He joined us in 1997 from Valu-Trac Investment Management where he worked in quantitative research and fund management, and has 18 years’ industry experience. Mark studied Mathematics at the University of Strathclyde and has an MSc in Investment Analysis.
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 price299.806
CurrencyGBX
Price updated08/12/2016
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 price180.8
CurrencyGBX
Price updated08/12/2016
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 price245.259
CurrencyGBX
Price updated08/12/2016
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 price214.997
CurrencyGBX
Price updated08/12/2016
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 price262.1786
CurrencyGBX
Price updated08/12/2016
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 price175.6
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJ774
Data provided by

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