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
  • Elaine Baldwinsince 01/01/2014
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.The fund price is not guaranteed by Standard Life and there could be circumstances where the fund price may fall. A fall might happen if, for example, there is a default by one of the banks where some of the money is held or where there is an adverse market movement in the value of one or more of the securities held due to for instance a credit event. A fall may also happen if fund income falls so low as to be less than the charges applied to the fund.
Benchmark
  • Sterling Overnight Interbank Average Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
0.1%
1 Year rank in sector
102/241
Sector
PN Money Market
Yield
-
Fund size
£1,045m (£786m last year)
Bid price
176.7
Offer price
186.1
Top in this sector
Fund name1 Year
Zurich BlackRock EurLiq Fst Pn19.3%
ReAssure HL FxIntPn Stf Pn9.2%
ReAssure HL FxIntPnStf LS Pn9.2%
Phoenix Fixed Int Individual Pn7.4%
Phoenix Prop Old Bldg Society Pn4.9%
...more in PN Money Market

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Certificates of Deposit57.1%
    Floating Rate Notes19.9%
    Fixed Interest Deposit14.2%
    Cash Funds5%
    Call Deposit3.8%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund---0.1%0.4%2.3%
Sector-0.1%-0.1%0.3%0.5%1%1.5%
Rank within sector55 / 24787 / 245108 / 246102 / 24176 / 22537 / 212
Quartile1st2nd2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund0.1%0.2%0.1%0.1%1.6%
Sector0.6%0%0.4%0.2%0.3%
Rank within sector101 / 24266 / 22879 / 22585 / 2198 / 212
Quartile2nd2nd2nd2nd1st
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.
0.09
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.
0.12
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%.
0.09
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.
0.24
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.
-0.93
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.
0.12
Price movement
52 week high176.7
52 week low176.6
Current bid price176.7
Current offer price186.1
Current mid price-
Region
1Money Market100%
Industry sector
1Certificates of Deposit57.1%
2Floating Rate Notes19.9%
3Fixed Interest Deposit14.2%
4Cash Funds5%
5Call Deposit3.8%
Asset type
1Money Market100%
Individual holdings
1SLI STERLING VNAV LIQUIDITY FUND5%
2SUMITOMO MITSUI BANKING CORPORATION4.8%
3BANK OF TOKYO-MITSUBISHI UFJ4.7%
4SUMITOMO MITSUI TRUST BANK4.7%
5BARCLAYS BANK3.4%
6BNP PARIBAS3.4%
7DANSKE BANK3.4%
8NATIXIS3.4%
9RABOBANK3.4%
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.The fund price is not guaranteed by Standard Life and there could be circumstances where the fund price may fall. A fall might happen if, for example, there is a default by one of the banks where some of the money is held or where there is an adverse market movement in the value of one or more of the securities held due to for instance a credit event. A fall may also happen if fund income falls so low as to be less than the charges applied to the fund.
Benchmark
  • Sterling Overnight Interbank Average Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Elaine Baldwin01/01/2014Elaine’s responsibilities include the daily management and strategy for the largest Standard Life Investments GBP money market cash funds. She joined Standard Life in 1990 and moved to Standard Life Investments in 1995 as a Treasury Dealer.
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 price186.1
Mid price-
CurrencyGBX
Price updated01/12/2016
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 price190.7682
CurrencyGBX
Price updated01/12/2016
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 price145.9
CurrencyGBX
Price updated01/12/2016
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 price140.4
CurrencyGBX
Price updated01/12/2016
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 price157.191
CurrencyGBX
Price updated01/12/2016
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 price134.8269
CurrencyGBX
Price updated01/12/2016
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 price134.6296
CurrencyGBX
Price updated01/12/2016
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 price143.1101
CurrencyGBX
Price updated01/12/2016
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 price116.5
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeQE90
Data provided by

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