Fact sheet: StanLife Inv Gbl Corp Bd

Fund information
Fund name
Standard Life Investments Global Corporate Bond D Acc USD
Fund manager company
Standard Life Investments GS
Fund type
Offshore Fund
Fund managers
  • Craig MacDonaldsince 01/09/2011
Fund objective
The 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.
Benchmark
  • Barclays Aggregate Corporate Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
8.4%
1 Year rank in sector
-
Sector
FO Fixed Int - Global
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.
0.56%
Fund size
£580m (£448m 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.
19
Top in this sector
Fund name1 Year
Capital Group GHIOL33.2%
Aberdeen Global II GlGovtBd27.8%
Baring Intl Bd26.8%
Russell Gbl Bd26.5%
Capital Group GBdFL26.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA46.2%
    UK17.5%
    Germany6.3%
    France5.1%
    Not Specified4.7%
  • Fixed Interest100%
  • US Fixed Interest46.2%
    UK Fixed Interest17.8%
    German Fixed Interest6.3%
    French Fixed Interest5.1%
    Global Fixed Interest4.7%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%3%6.4%8.4%18.7%34.6%
Sector-0.2%2.5%4.2%5.5%8.6%16.6%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund9.3%-0.7%7.7%0.3%13.7%
Sector6.2%-1.6%3.7%-1.6%8.2%
Rank within sector-----
Quartile
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.
2.51
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.
1.18
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.
0.84
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%.
3.21
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.
1.03
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.
2.96
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.
0.92
Price movement
52 week high13.52
52 week low12.3
Current bid price-
Current offer price-
Current mid price13.46
Region
1USA46.2%
2UK17.5%
3Germany6.3%
4France5.1%
5Not Specified4.7%
6Netherlands2.9%
7Switzerland2%
8Australia1.7%
9Italy1.7%
Industry sector
1Fixed Interest100%
Asset type
1US Fixed Interest46.2%
2UK Fixed Interest17.8%
3German Fixed Interest6.3%
4French Fixed Interest5.1%
5Global Fixed Interest4.7%
6Dutch Fixed Interest2.9%
7Swiss Fixed Interest2%
8Australian Fixed Interest1.7%
9Italian Fixed Interest1.7%
Individual holdings
1GERMANY (GOVT OF) 0% 20261.1%
2UNITED STATES OF AMER TREAS BONDS 2.5% TB 15/02/46 USD1000.7%
3AT&T 3.6% 20230.6%
4CITIGROUP 2.7% 20210.6%
5UNIBAIL-RODAMCO 1.625% MTN 26/06/17 EUR1000000.6%
6US (GOVT OF) 1.625% 20200.6%
7GENERAL ELECTRIC CAPITAL CORP 4.418% NTS 15/11/35 USD1000 144A0.5%
8MORGAN STANLEY 4% 20250.5%
9PHILIP MORRIS INTERNATIONAL 1.875% 20210.5%
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 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.
Benchmark
  • Barclays Aggregate Corporate Index
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Craig MacDonald01/09/2011Craig 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
Transparent for Austrian Tax, Transparent for Swiss Tax, IA Recognised, Reporting Fund Status, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
Switzerland, Germany, United Kingdom, Luxembourg, Offshore
Standard Life Investments Global Corporate Bond A Hedged EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.8834
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03FG
Standard Life Investments Global Corporate Bond A Hedged GBP
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.226
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03FH
Standard Life Investments Global Corporate Bond A USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.9626
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03FE
Standard Life Investments Global Corporate Bond D Acc USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.4566
CurrencyUSD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03FF
Standard Life Investments Global Corporate Bond D Dis USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.6326
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE0PH
Standard Life Investments Global Corporate Bond D Hedged AUD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.3451
CurrencyAUD
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOMY
Standard Life Investments Global Corporate Bond D Hedged EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.2416
CurrencyEUR
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03FI
Standard Life Investments Global Corporate Bond D Hedged GBP
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price13.5984
CurrencyGBP
Price updated23/09/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03FJ
Standard Life Investments Global Corporate Bond J Dis USD
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.4266
CurrencyUSD
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8CZ
Standard Life Investments Global Corporate Bond J Hedged Dis EUR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3757
CurrencyEUR
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8CX
Standard Life Investments Global Corporate Bond J Hedged Dis GBP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.4223
CurrencyGBP
Price updated23/09/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8CY
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.