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 31/08/2011
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
  • Bloomberg Barclays Global Aggregate Corporate Bond Index (hedged to USD)
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
5.7%
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
£640m (£456m 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.
22
Top in this sector
Fund name1 Year
Capital Group GHIOL32.9%
Dodge & Cox Global Bond25.7%
HSBC GIF Gbl AsBk Bd24.3%
Morg Stnly Gbl Mrtg Securts23.5%
Russell Gbl Bd23.1%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA47.9%
    UK18.9%
    Money Market10.6%
    France6.1%
    Germany5.4%
  • Fixed Interest100%
  • US Fixed Interest47.9%
    UK Fixed Interest18.9%
    Money Market10.6%
    French Fixed Interest6.1%
    German Fixed Interest5.4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2%-3.1%0.6%5.7%13.9%31.1%
Sector-1.9%-2.2%0.7%3.2%5.9%13.5%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund6.1%-0.7%7.7%0.3%13.7%
Sector3.8%-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.
2.13
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.
1.19
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.
0.25
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%.
3.51
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.
1.23
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
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.
0.9
Price movement
52 week high13.52
52 week low12.3
Current bid price-
Current offer price-
Current mid price13.06
Region
1USA47.9%
2UK18.9%
3Money Market10.6%
4France6.1%
5Germany5.4%
6Netherlands3.2%
7Not Specified2.2%
8Switzerland2.2%
9Australia1.9%
Industry sector
1Fixed Interest100%
Asset type
1US Fixed Interest47.9%
2UK Fixed Interest18.9%
3Money Market10.6%
4French Fixed Interest6.1%
5German Fixed Interest5.4%
6Dutch Fixed Interest3.2%
7Global Fixed Interest2.2%
8Swiss Fixed Interest2.2%
9Australian Fixed Interest1.9%
Individual holdings
1BANK OF AMERICA CORP 3.95% BDS 21/04/25 USD10000.9%
2CITIGROUP INC 4.4% BDS 10/06/25 USD10000.7%
3AT&T INC 3.6% BDS 17/02/23 USD20000.6%
4CITIGROUP 2.7% 20210.6%
5ARKLE MASTER ISSUER 3.986% 20170.5%
6AVIVA 6.125% 20430.5%
7GENERAL ELECTRIC CAPITAL CORP 4.418% NTS 15/11/35 USD1000 144A0.5%
8GERMANY (GOVT OF) 0% 20260.5%
9REGIONS FINANCIAL CORP 3.2% BDS 08/02/21 USD20000.5%
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
  • Bloomberg Barclays Global Aggregate Corporate Bond Index (hedged to USD)
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Craig MacDonald31/08/2011Craig 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 charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.4496
CurrencyEUR
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03FG
Standard Life Investments Global Corporate Bond A Hedged GBP
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.8102
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03FH
Standard Life Investments Global Corporate Bond A USD
Initial charge5%
Annual charge1%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.1%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.5678
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code03FE
Standard Life Investments Global Corporate Bond D Acc USD
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 price13.0606
CurrencyUSD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code03FF
Standard Life Investments Global Corporate Bond D Dis USD
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 price10.2603
CurrencyUSD
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE0PH
Standard Life Investments Global Corporate Bond D Hedged AUD
Initial charge5%
Annual charge0.5%
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.55%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.0279
CurrencyAUD
Price updated05/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFOMY
Standard Life Investments Global Corporate Bond D Hedged EUR
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 price12.8119
CurrencyEUR
Price updated05/12/2016
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 price13.1863
CurrencyGBP
Price updated05/12/2016
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 price10.0609
CurrencyUSD
Price updated05/12/2016
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 price9.9789
CurrencyEUR
Price updated05/12/2016
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 price10.0436
CurrencyGBP
Price updated05/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8CY
Data provided by

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