Fact sheet: StanLife Inv AbsRtGbBdStrt

Fund information
Fund name
Standard Life Investments Absolute Return Global Bond Strategies A GBP
Fund manager company
Standard Life Investments GS
Fund type
Offshore Fund
Fund manager
  • Multi Asset Investing Teamsince 28/03/2011
Fund objective
The fund aims to provide positive investment returns in the form of income and capital growth in all market conditions over the medium to long term. The fund is actively managed, with a wide investment remit to target a level of return over rolling three-year periods equivalent to cash plus three per-cent a year, gross of fees. It exploits market inefficiencies through active allocation to a diverse range of market positions. The fund uses a combination of traditional assets (such as bonds, cash and money market instruments) and investment strategies based on advanced derivative techniques, resulting in a highly diversified portfolio. The fund can take long and short positions in markets, securities and groups of securities through derivative contracts.
Benchmark
  • LIBOR GBP 3 month
Investment style
Absolute Return
Investment method
Fixed Interest
Quick stats
1 Year return
0.3%
1 Year rank in sector
62/132
Sector
FO Absolute Return
Yield
-
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.34%
Fund size
£1,269m (£877m 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.
13
Top in this sector
Fund name1 Year
Pioneer SICV-AbsRetBd14.8%
SW Mitchell Emerging European12.2%
Polar Capital UK Abs Eq11.4%
Pictet Scv II Dyn Ass Alloc9.5%
Orbis Optimal SA9.3%
...more in FO Absolute Return

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%-1.2%-0.7%0.3%2.1%6.4%
Sector-0.1%-0.7%0.3%-0.3%2.4%9.4%
Rank within sector112 / 14196 / 14199 / 13962 / 13236 / 8443 / 64
Quartile4th3rd3rd2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0%1.4%0.3%2.7%1.4%
Sector-0%0.7%1.2%3.6%3.9%
Rank within sector70 / 13241 / 11552 / 8839 / 7150 / 63
Quartile3rd2nd3rd3rd4th
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.
0.39
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.
0.55
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%.
1.94
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.
1.84
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.
0.03
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.
0.28
Price movement
52 week high10.88
52 week low10.48
Current bid price-
Current offer price-
Current mid price10.72
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
Management
Fund manager group
Standard Life Investments
Fund manager company
Standard Life Investments GS
Fund type
Offshore Fund
Fund objective
The fund aims to provide positive investment returns in the form of income and capital growth in all market conditions over the medium to long term. The fund is actively managed, with a wide investment remit to target a level of return over rolling three-year periods equivalent to cash plus three per-cent a year, gross of fees. It exploits market inefficiencies through active allocation to a diverse range of market positions. The fund uses a combination of traditional assets (such as bonds, cash and money market instruments) and investment strategies based on advanced derivative techniques, resulting in a highly diversified portfolio. The fund can take long and short positions in markets, securities and groups of securities through derivative contracts.
Benchmark
  • LIBOR GBP 3 month
Investment style
Absolute Return
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Multi Asset Investing Team28/03/2011The Multi-Asset Investing (MAI) Team, is headed by Guy Stern and is responsible for a total of £158.5 bn from an asset allocation perspective as at 30 June 2016. We have considerable resource committed to the GARS product. This large and experienced team consists of three critical skill sets that are principally directed towards managing GARS, supported by a dedicated team of twelve Multi-Asset Investment Specialists.
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, United Kingdom, Italy, Luxembourg, Netherlands, Offshore, Sweden
Standard Life Investments Absolute Return Global Bond Strategies A GBP
Initial charge5%
Annual charge1.25%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.724
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNIF0
Standard Life Investments Absolute Return Global Bond Strategies A Hedged CHF
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.8843
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE2LI
Standard Life Investments Absolute Return Global Bond Strategies A Hedged EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.35%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3232
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code041Y
Standard Life Investments Absolute Return Global Bond Strategies A Hedged SEK
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9046
CurrencySEK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFURT
Standard Life Investments Absolute Return Global Bond Strategies A Hedged USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1617
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFGFI
Standard Life Investments Absolute Return Global Bond Strategies B Hedged CHF
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1348
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE6BV
Standard Life Investments Absolute Return Global Bond Strategies B Hedged EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1875
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE6BW
Standard Life Investments Absolute Return Global Bond Strategies B Hedged SEK
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1541
CurrencySEK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeE6BX
Standard Life Investments Absolute Return Global Bond Strategies B Unhedged GBP
Initial charge5%
Annual charge0.65%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.75%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9656
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEA7W
Standard Life Investments Absolute Return Global Bond Strategies D GBP
Initial charge5%
Annual charge0.6%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.1199
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeNIF1
Standard Life Investments Absolute Return Global Bond Strategies D Hedged AUD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.66%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.7644
CurrencyAUD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGVRS
Standard Life Investments Absolute Return Global Bond Strategies D Hedged CHF
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price9.9486
CurrencyCHF
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE2LJ
Standard Life Investments Absolute Return Global Bond Strategies D Hedged EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.735
CurrencyEUR
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code041Z
Standard Life Investments Absolute Return Global Bond Strategies D Hedged SEK
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0146
CurrencySEK
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFURU
Standard Life Investments Absolute Return Global Bond Strategies D Hedged USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3868
CurrencyUSD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFGFJ
Standard Life Investments Absolute Return Global Bond Strategies Z Hedged AUD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.8542
CurrencyAUD
Price updated06/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVGR
Standard Life Investments Absolute Return Global Bond Strategies Z Hedged CAD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.05%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.4354
CurrencyCAD
Price updated06/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFGFH
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