Fact sheet: StanLife Inv AmEqUncnstr

Fund information
Fund name
Standard Life Investments American Equity Unconstrained A USD
Fund manager company
Standard Life Investments GS
Fund type
Offshore Fund
Fund manager
  • Jeff Morrissince 20/02/2015
Fund objective
The fund aims to provide long term growth by investing in US equities (including a limited exposure to Canada and Latin America). The fund typically holds a concentrated portfolio of stocks and is actively managed by our investment team, who will select stocks, without reference to index weight or size, to try to take advantage of opportunities they have identified. Due to the unconstrained nature of the fund investors must be willing to accept a relatively high degree of stock specific risk.
Benchmark
  • Morningstar Offshore US Large-Cap Blend Equity Sector
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
26.2%
1 Year rank in sector
17/36
Sector
FO Equity - North America
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.
1.78%
Fund size
£49m (£48m 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.
116
Top in this sector
Fund name1 Year
EDRF US Value & Yield63.4%
M&G Offshore North Am Div50.2%
Sanlam FOUR US Div Inc46.4%
La Mondiale American Equity45.4%
Nordea 1 North Am SmallCap43%
...more in FO Equity - North America

Performance snapshot

Holdings snapshot

  • North America97.8%
    Money Market2.2%
  • Information Technology19.2%
    Financials18.4%
    Health Care13.4%
    Consumer Discretionary13.1%
    Industrials11.4%
  • North American Equities97.8%
    Money Market2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.6%7.3%4.3%26.2%--
Sector3.2%7.4%10.1%29.1%35%75.4%
Rank within sector19 / 3827 / 3936 / 3917 / 36--
Quartile2nd3rd4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund5.2%4.1%---
Sector4.2%14.8%-0.8%12.9%29.7%
Rank within sector16 / 3833 / 36---
Quartile2nd4th
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 high10.95
52 week low8.74
Current bid price-
Current offer price-
Current mid price10.91
Region
1North America97.8%
2Money Market2.2%
Industry sector
1Information Technology19.2%
2Financials18.4%
3Health Care13.4%
4Consumer Discretionary13.1%
5Industrials11.4%
6Consumer Staples7.6%
7Real Estate7.1%
8Energy5.3%
9Money Market2.2%
Asset type
1North American Equities97.8%
2Money Market2.2%
Individual holdings
1ALLSTATE CORP4%
2Boston Scientific Corp ORD3.9%
3COMCAST CORP(NEW)3.9%
4FIRST REPUBLIC BANK SAN FRANCISCO3.9%
5KRAFT HEINZ CO(THE)3.9%
6AMERICAN INTERNATIONAL GROUP INC3.8%
7EQUINIX INC3.8%
8UNITED HEALTHCARE LTD3.8%
9ALLEGION PLC3.6%
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 long term growth by investing in US equities (including a limited exposure to Canada and Latin America). The fund typically holds a concentrated portfolio of stocks and is actively managed by our investment team, who will select stocks, without reference to index weight or size, to try to take advantage of opportunities they have identified. Due to the unconstrained nature of the fund investors must be willing to accept a relatively high degree of stock specific risk.
Benchmark
  • Morningstar Offshore US Large-Cap Blend Equity Sector
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Jeff Morris20/02/2015Jeff joined Standard Life in 2004. Jeff has over 18 years' investment experience. He is responsible for the management of the US equities and a team of 10 investment professionals. Jeff holds a BS in Business Administration from Colorado State University and an MS in Finance from the University of Colorado at Denver. He obtained Chartered Financial Analyst status in 1994.
Compliance
UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, United Kingdom, Luxembourg, Offshore, Sweden
Standard Life Investments American Equity Unconstrained A SEK
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.77%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.2132
CurrencySEK
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFUEB
Standard Life Investments American Equity Unconstrained A USD
Initial charge5%
Annual charge1.6%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.9117
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFRVK
Standard Life Investments American Equity Unconstrained D USD
Initial charge5%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.1085
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFRVL
Standard Life Investments American Equity Unconstrained D Unhedged GBP
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.2167
CurrencyGBP
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE13O
Standard Life Investments American Equity Unconstrained Z USD
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.14%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.2753
CurrencyUSD
Price updated17/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFVHB
Data provided by

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