Fact sheet: Stan Life SLI Gbl Tot Rtn Cr Pn

Fund information
Fund name
Stan Life SLI Global Total Return Credit Pn S2
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund manager
  • Total Return Credit Teamsince 23/09/2014
Underlying fund
StanLife Inv Tot Rtn Cr
Fund objective
The fund aims to provide long term growth from capital gains and the reinvestment of income. It typically holds a portfolio of higher yielding debt securities, including government and corporate bonds, asset backed securities, sub investment grade bonds and inflation linked bonds, which are listed or trade in either developed or emerging markets. The fund may also invest assets in other bonds, floating rate notes (FRNs) and/or money market instruments issued anywhere in the world. The fund is actively managed by our investment team, who will select securities without reference to an index weight or size to try to take advantage of opportunities they have identified. The portfolio is complemented with an active allocation to a range of market positions, which utilise a combination of traditional assets and investment strategies based on advanced derivative techniques with the aim of reducing the fund's overall volatility and generating additional returns. Investors should note that this allocation is likely to result in the fund gaining exposure to non-bond market opportunities and risks. This means that performance may deviate from bonds over short and medium-term periods. The fund can take long and short positions in markets, securities and groups of securities through derivative contracts.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
8.4%
1 Year rank in sector
332/530
Sector
PN Specialist
Yield
-
Fund size
£0m
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.
25
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Performance snapshot

Holdings snapshot

  • USA27.3%
    UK21%
    Europe20.2%
    Money Market17.2%
    Australia8.1%
  • Consumer Goods18%
    Money Market17.2%
    Banks12.7%
    Financial Services10.9%
    Industrials9.6%
  • US Fixed Interest27.4%
    UK Fixed Interest22.7%
    European Fixed Interest18.7%
    Money Market16.5%
    Global Emerging Market Fixed Interest8.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.1%1.7%1.2%8.4%--
Sector0.4%3%3.9%13.5%24.2%41.9%
Rank within sector442 / 559383 / 555372 / 550332 / 530--
Quartile4th3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund1.4%8.1%2.4%--
Sector2.5%11.6%2%7.2%11%
Rank within sector369 / 555295 / 519150 / 455--
Quartile3rd3rd2nd
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high113.12
52 week low103.16
Current bid price-
Current offer price-
Current mid price112.26
Region
1USA27.3%
2UK20.98%
3Europe20.16%
4Money Market17.15%
5Australia8.05%
6Not Specified2.5%
7Global Emerging Markets2.06%
8Canada1.8%
Industry sector
1Consumer Goods17.95%
2Money Market17.15%
3Banks12.67%
4Financial Services10.85%
5Industrials9.58%
6Basic Materials5.47%
7Telecommunications4.5%
8Oil & Gas3.86%
9Insurance3.75%
Asset type
1US Fixed Interest27.38%
2UK Fixed Interest22.73%
3European Fixed Interest18.74%
4Money Market16.49%
5Global Emerging Market Fixed Interest8.26%
6Global Fixed Interest2.5%
7Canadian Fixed Interest2.08%
8Australian Fixed Interest1.82%
Individual holdings
1ARROW GLOBAL GRP PLC1.4%
2VIRGIN MEDIA FINANCE PLC 7% NTS 15/01/18 GBP1000`144A`1.37%
3BARCLAYS PLC1.36%
4LOGISTICS UK 2015 PLC COMM MORT BKD NTS 20/08/25 GBP B1.32%
5TATA ENGINEERING & LOCOMOTIVE1.3%
6CHENIERE ENERGY INC1.16%
7CSC HOLDINGS1.14%
8CASCADES INC1.1%
9CPUK FINANCE1.1%
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 from capital gains and the reinvestment of income. It typically holds a portfolio of higher yielding debt securities, including government and corporate bonds, asset backed securities, sub investment grade bonds and inflation linked bonds, which are listed or trade in either developed or emerging markets. The fund may also invest assets in other bonds, floating rate notes (FRNs) and/or money market instruments issued anywhere in the world. The fund is actively managed by our investment team, who will select securities without reference to an index weight or size to try to take advantage of opportunities they have identified. The portfolio is complemented with an active allocation to a range of market positions, which utilise a combination of traditional assets and investment strategies based on advanced derivative techniques with the aim of reducing the fund's overall volatility and generating additional returns. Investors should note that this allocation is likely to result in the fund gaining exposure to non-bond market opportunities and risks. This means that performance may deviate from bonds over short and medium-term periods. The fund can take long and short positions in markets, securities and groups of securities through derivative contracts.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Total Return Credit Team23/09/2014
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Stan Life SLI Global Total Return Credit Pn S2
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.91%
Bid price-
Offer price-
Mid price112.2621
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKSHG
Stan Life SLI Global Total Return Credit Pn S5
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.21%
Bid price-
Offer price-
Mid price114.224
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKSHH
Data provided by

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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.