Fact sheet: Stan Life SLI Glbl Corp Bd Pn

Fund information
Fund name
Stan Life SLI Global Corporate Bond Pn S3
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund manager
  • Craig MacDonaldsince 06/09/2011
Underlying fund
StanLife Inv Gbl Corp Bd
Fund objective
The fund is invested in the Standard Life Investments Global Corporate Bond Fund. This fund aims to provide long term growth from capital gains and the reinvestment of income generated by investing predominantly in global investment grade bonds. The fund is actively managed by our investment teams who may invest in a wide range of bonds (e.g. corporate bonds including high yield bonds, government backed securities, overseas bonds, index-linked bonds, floating rate notes (FRNs) and asset backed securities (ABSs) and/or money market instruments) issued anywhere in the world in order 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 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
  • Bloomberg Barclays Global Aggregate Corporate Bond Index (hedged to USD)
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
3.4%
1 Year rank in sector
112/135
Sector
PN Global Fixed Interest
Yield
-
Fund size
£8m (£8m 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.
23
Top in this sector
Fund name1 Year
Baillie Gifford Emerg Mrkts Bd Pn28.2%
Scot Eq AegonIntcEgMtsLclCrDtPn26.8%
Zurich L&G PreRtrmnt Infln Lkd19.1%
FL GM Overseas Bond Pension18.7%
OMW IPL 2035 Idx Lkd Gilt Pn18.5%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • USA48%
    UK17.5%
    Money Market13.4%
    France5.3%
    Germany5%
  • Fixed Interest86.6%
    Money Market13.4%
  • US Fixed Interest48%
    UK Fixed Interest17.5%
    Money Market13.4%
    French Fixed Interest5.3%
    German Fixed Interest5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%1.3%2.8%3.4%9.1%22.5%
Sector0.2%0.7%2%9.6%19.5%20%
Rank within sector34 / 14232 / 14131 / 140112 / 13593 / 11026 / 92
Quartile1st1st1st4th4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.3%5.5%-1.3%6.3%0.6%
Sector0.8%14.1%-0.3%6.1%-3.6%
Rank within sector25 / 140103 / 12696 / 11840 / 10616 / 100
Quartile1st4th4th2nd1st
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.
0.97
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.
0.35
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
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%.
3.39
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.
4.65
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.
-0.6
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.
0.37
Price movement
52 week high131
52 week low125.4
Current bid price-
Current offer price-
Current mid price129.6
Region
1USA48%
2UK17.5%
3Money Market13.4%
4France5.3%
5Germany5%
6Switzerland3.4%
7Netherlands2.2%
8Not Specified2%
9Australia1.7%
Industry sector
1Fixed Interest86.6%
2Money Market13.4%
Asset type
1US Fixed Interest48%
2UK Fixed Interest17.5%
3Money Market13.4%
4French Fixed Interest5.3%
5German Fixed Interest5%
6Swiss Fixed Interest3.4%
7Dutch Fixed Interest2.2%
8Global Fixed Interest2%
9Australian Fixed Interest1.7%
Individual holdings
1CITIGROUP INC 4.4% BDS 10/06/25 USD10000.7%
2ABBOTT LABORATORIES 3.75% BDS 30/11/26 USD20000.6%
3ARKLE MASTER ISSUER 3.986% 20170.6%
4JPMORGAN CHASE 3.375% 20230.6%
5JPMORGAN CHASE 6% 20180.6%
6MORGAN STANLEY 4% 20250.6%
7CHARTER COMMUNICATIONS OPT LLC/CAP 3.579% BDS 23/07/20 USD2000 144A0.5%
8GENERAL ELECTRIC CAPITAL CORP 4.418% NTS 15/11/35 USD1000 144A0.5%
9SABINE PASS LIQUEFACTION LLC 6.25% BDS 15/03/22 USD1000000.5%
Management
Fund manager group
Standard Life Investments
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund objective
The fund is invested in the Standard Life Investments Global Corporate Bond Fund. This fund aims to provide long term growth from capital gains and the reinvestment of income generated by investing predominantly in global investment grade bonds. The fund is actively managed by our investment teams who may invest in a wide range of bonds (e.g. corporate bonds including high yield bonds, government backed securities, overseas bonds, index-linked bonds, floating rate notes (FRNs) and asset backed securities (ABSs) and/or money market instruments) issued anywhere in the world in order 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 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
  • Bloomberg Barclays Global Aggregate Corporate Bond Index (hedged to USD)
Investment style
No data available.
Investment method
None
Fund manager
NameSinceBiography
Craig MacDonald06/09/2011Craig joined Standard Life Investments as an Investment Director in 2002. Craig has been as key figure in broadening our corporate credit processes and resources to manage euro and global corporate credit in addition to our strong sterling bond heritage. He now manages the European investment grade team as well as being responsible for a range of third party corporate bond funds.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Stan Life SLI Global 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)0.36%
Bid price-
Offer price-
Mid price137.9776
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08KA
Stan Life SLI Global Corporate Bond Pn S3
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price129.6
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08KB
Stan Life SLI Global Corporate Bond Pn S4
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.46%
Bid price-
Offer price-
Mid price129.7
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08KC
Stan Life SLI Global 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)0.06%
Bid price-
Offer price-
Mid price140.6
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code08KD
Data provided by

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