Fact sheet: Stan Life Money Market Pn

Fund information
Fund name
Stan Life Money Market Pn S1 GBP
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund managers
  • Stuart Lindsaysince 01/07/2015
No data available.
Fund objective
The primary aim of the fund is to maintain capital and provide returns in line with money market rates, before charges. To meet this aim, the fund invests in a portfolio of money market instruments and invests not only in bank and building society deposits but also in a variety of other money market instruments such as Certificates of Deposits (CDs), Floating Rate Notes (FRNs) including Asset Backed Securities (ABSs) where, when purchased, repayment is within 2 years.
Benchmark
  • Sterling Overnight Interbank Average Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-
1 Year rank in sector
103/246
Sector
PN Money Market
Yield
-
Fund size
£1,151m (£881m last year)
Bid price
176.7
Offer price
186
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn13.4%
ReAssure HL FxIntPnStf LS Pn10.1%
ReAssure HL FxIntPn Stf Pn10.1%
Phoenix Fixed Int Individual Pn9.7%
Phoenix Prop Old Bldg Society Pn4.7%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Certificates of Deposit60%
    Fixed Interest Deposit19.1%
    Floating Rate Notes12.4%
    Cash Funds5%
    Call Deposit3.5%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund----0.4%0.7%
Sector0%0.1%0.2%0.6%1.1%1.7%
Rank within sector60 / 24887 / 24894 / 248103 / 24673 / 22869 / 215
Quartile1st2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0.1%0.2%0.1%0.1%
Sector0.1%0.7%0%0.4%0.2%
Rank within sector92 / 24897 / 24166 / 22977 / 22584 / 219
Quartile2nd2nd2nd2nd2nd
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.
0.1
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.
0.1
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.
-
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%.
0.08
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.
0.25
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.
-0.87
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.
0.1
Price movement
52 week high176.7
52 week low176.7
Current bid price176.7
Current offer price186
Current mid price-
Region
1Money Market100%
Industry sector
1Certificates of Deposit60%
2Fixed Interest Deposit19.1%
3Floating Rate Notes12.4%
4Cash Funds5%
5Call Deposit3.5%
Asset type
1Money Market100%
Individual holdings
1SLI STERLING VNAV LIQUIDITY FUND5%
2BANK TOKYO-MITSUBISHI UFJ LTD3.9%
3SUMITOMO MITSUI BANKING CORPORATION3.9%
4SUMITOMO MITSUI TRUST BANK3.9%
5MIZUHO BANK3.8%
6KBC BANK3.6%
7DZ BANK3.5%
8SOCIETE GENERALE3.5%
9BNP PARIBAS3.1%
Management
Fund manager group
Standard Life Investments
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund objective
The primary aim of the fund is to maintain capital and provide returns in line with money market rates, before charges. To meet this aim, the fund invests in a portfolio of money market instruments and invests not only in bank and building society deposits but also in a variety of other money market instruments such as Certificates of Deposits (CDs), Floating Rate Notes (FRNs) including Asset Backed Securities (ABSs) where, when purchased, repayment is within 2 years.
Benchmark
  • Sterling Overnight Interbank Average Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Stuart Lindsay01/07/2015Stuart Lindsay completed his training program in 2006 after achieving IMC and CFA qualifications and minimum work experience requirements leading to FSA approved person recognition. He joined Standard Life Investments as Trainee Fund Manager in May 2004. He is now working within the Treasury team assisting in the Main/Red/Blue Dealer Diary liquidity management for Group Funds, investing surplus cash in the money markets and reacting to forecasted cash requirements. Also assisting in the management of the Securities Lending programme.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Stan Life Money Market Pn S1 GBP
Initial charge-
Annual charge0.63%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.64%
Bid price176.7
Offer price186
Mid price-
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeST30
Stan Life Money Market Pn S2 GBP
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price191.0935
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codePZ42
Stan Life Money Market Pn S3 GBP
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 price145.5
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeST62
Stan Life Money Market Pn S4 GBP
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 price140.1
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeST61
Stan Life Money Market Pn S5 GBP
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 price157.6101
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE593
Stan Life Money Market Pn S6 GBP
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 price134.5512
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeAX92
Stan Life Money Market Pn S7 GBP
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 price134.3551
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeAY34
Stan Life Money Market Pn S8 GBP
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 price143.0795
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeBU89
Stan Life Money Market Pn Ser B GBP
Initial charge-
Annual charge0.13%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.14%
Bid price-
Offer price-
Mid price116.8
CurrencyGBX
Price updated25/05/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeQE90
Data provided by

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