Fact sheet: Stan Life Schroder Recovery Pn

Fund information
Fund name
Stan Life Schroder Recovery Pn S3
Fund manager company
Standard Life Assurance Co
Fund type
Pension Fund
Fund managers
  • Nick Kirragesince 21/07/2006
  • Kevin Murphysince 21/07/2006
Underlying fund
Schroder Recovery
Fund objective
The fund aims to provide capital growth by investing in equities of UK companies that have suffered a severe setback in either share price or profitability. The fund invests at least 80% of its assets in equities of UK companies. The fund applies a disciplined value investment approach, seeking to invest in a select portfolio of companies that the manager believes are significantly undervalued relative to their long-term earnings potential. Recovery investments can be out of favour for many reasons, including weak short-term profitability, macro-economic concerns or an under strength balance sheet. These factors can significantly reduce the attractiveness of companies to short term investors and induce discounts to fair value. The Manager's recovery investment approach seeks to exploit this in a diversified manner. The fund may also invest in collective investment schemes and warrants, and hold cash. The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently.
Benchmark
  • FTSE All Share Total Return Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN UK All Companies
Yield
-
Fund size
£0m
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn35.7%
Fidelity UBS UK Select Pn35.1%
Halifax IM UK Growth Pn34.7%
CM UBS UK Opportunities Pension34.5%
SW UBS UK Opps Pn34.1%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK77.6%
    Money Market9.3%
    USA8.6%
    Australia3.1%
    Hong Kong0.3%
  • Financials31.3%
    Consumer Services20.7%
    Money Market9.3%
    Technology7.6%
    Basic Materials7.3%
  • UK Equities77.6%
    Money Market9.3%
    US Equities8.6%
    Australian Equities3.1%
    Hong Kong Equities0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%2.4%8.1%---
Sector3.4%6.1%13%20.7%25.5%78.8%
Rank within sector711 / 867846 / 865849 / 862---
Quartile4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund3.4%----
Sector8.7%10.2%4.4%0.6%24.2%
Rank within sector848 / 861----
Quartile4th
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 high111.2
52 week low98.4
Current bid price-
Current offer price-
Current mid price111
Region
1UK77.62%
2Money Market9.31%
3USA8.57%
4Australia3.05%
5Hong Kong0.25%
6France0.25%
7Italy0.2%
8Greece0.16%
9Not Specified0.08%
Industry sector
1Financials31.28%
2Consumer Services20.74%
3Money Market9.31%
4Technology7.64%
5Basic Materials7.31%
6Oil & Gas7.27%
7Utilities6.96%
8Health Care5.16%
9Industrials2.91%
Asset type
1UK Equities77.62%
2Money Market9.31%
3US Equities8.57%
4Australian Equities3.05%
5Hong Kong Equities0.25%
6French Equities0.25%
7Italian Equities0.2%
8Greek Equities0.16%
9Dutch Equities0.09%
Individual holdings
1SCHRODER STERLING LIQUIDITY PLUS I ACC5.94%
2ROYAL BANK OF SCOTLAND GROUP PLC5.29%
3HSBC HLDGS4.99%
4PEARSON4.9%
5BARCLAYS PLC4.37%
6BP4.23%
7STANDARD CHARTERED3.97%
8CENTRICA PLC3.93%
9LLOYDS BANKING GROUP PLC3.82%
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 capital growth by investing in equities of UK companies that have suffered a severe setback in either share price or profitability. The fund invests at least 80% of its assets in equities of UK companies. The fund applies a disciplined value investment approach, seeking to invest in a select portfolio of companies that the manager believes are significantly undervalued relative to their long-term earnings potential. Recovery investments can be out of favour for many reasons, including weak short-term profitability, macro-economic concerns or an under strength balance sheet. These factors can significantly reduce the attractiveness of companies to short term investors and induce discounts to fair value. The Manager's recovery investment approach seeks to exploit this in a diversified manner. The fund may also invest in collective investment schemes and warrants, and hold cash. The fund may use derivatives with the aim of achieving investment gains, reducing risk or managing the fund more efficiently.
Benchmark
  • FTSE All Share Total Return Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Nick Kirrage21/07/2006Nick Kirrage, CFA is a Specialist Value UK Equity Fund Manager with 12 years investment experience. Previously a sector analyst responsible for a number of UK sectors including Transport and Metals & Mining. His investment career commenced in 2001 at Schroders. He is a Chartered Financial Analyst and holds a Degree in Aeronautical Engineering, Bristol University.
Kevin Murphy21/07/2006Kevin Murphy, CFA is a Specialist Value UK Equity Fund Manager with 13 years investment experience. Previously he was a sector analyst for Pan European Construction and Building Materials. His Investment career commenced in 2000 at Schroders. He is a Chartered Financial Analyst and he holds a Degree in Economics from Manchester University.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Stan Life Schroder Recovery Pn S3
Initial charge-
Annual charge1.68%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price111
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNEIR
Stan Life Schroder Recovery Pn S4
Initial charge-
Annual charge1.68%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.85%
Bid price-
Offer price-
Mid price110.9506
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNEIS
Stan Life Schroder Recovery Pn SB
Initial charge-
Annual charge0.71%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.88%
Bid price-
Offer price-
Mid price111.7
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNEIT
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.