Fact sheet: StanLife Inv Gbl Corp Bd

Fund information
Fund name
Standard Life Investments Global Corporate Bond A 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
6.5%
1 Year rank in sector
111/297
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.
1.1%
Fund size
£602m (£478m 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.
24
Top in this sector
Fund name1 Year
LM WAHiYcrEn75.8%
Franklin Gbl HiInc Bd22.9%
CG Real Return21.3%
LM WAShtDurHiInBd20%
Dodge & Cox Global Bond18.4%
...more in FO Fixed Int - Global

Performance snapshot

Holdings snapshot

  • USA48.7%
    UK19.2%
    Money Market11%
    France5.8%
    Germany4.5%
  • Fixed Interest89%
    Money Market11%
  • US Fixed Interest48.7%
    UK Fixed Interest19.2%
    Money Market11%
    French Fixed Interest5.8%
    German Fixed Interest4.5%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%1.6%-1.6%6.5%11.1%23.4%
Sector0.6%1.3%-0.8%5.6%6.3%11.5%
Rank within sector127 / 328120 / 320181 / 309111 / 29766 / 23833 / 171
Quartile2nd2nd3rd2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund0.9%6.2%-1.2%7%-0.4%
Sector0.8%4.6%-1.6%3.7%-1.6%
Rank within sector133 / 32673 / 295150 / 27065 / 23384 / 204
Quartile2nd1st3rd2nd2nd
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.
1.16
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.
0.02
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%.
3.45
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.
1.23
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.
0.89
Price movement
52 week high13.03
52 week low11.98
Current bid price-
Current offer price-
Current mid price12.76
Region
1USA48.7%
2UK19.2%
3Money Market11%
4France5.8%
5Germany4.5%
6Netherlands3.1%
7Switzerland2.3%
8Australia1.8%
9Belgium1.8%
Industry sector
1Fixed Interest89%
2Money Market11%
Asset type
1US Fixed Interest48.7%
2UK Fixed Interest19.2%
3Money Market11%
4French Fixed Interest5.8%
5German Fixed Interest4.5%
6Dutch Fixed Interest3.1%
7Swiss Fixed Interest2.3%
8Australian Fixed Interest1.8%
9Belgian Fixed Interest1.8%
Individual holdings
1UNITED STATES OF AMER TREAS BONDS 1.5% BDS 15/08/26 USD10001.1%
2CITIGROUP INC 4.4% BDS 10/06/25 USD10000.8%
3AT&T INC 3.6% BDS 17/02/23 USD20000.7%
4ARKLE MASTER ISSUER 3.986% 20170.6%
5GENERAL ELECTRIC CAPITAL CORP 4.418% NTS 15/11/35 USD1000 144A0.6%
6CHARTER COMMUNICATIONS OPT LLC/CAP 3.579% BDS 23/07/20 USD2000 144A0.5%
7JPMORGAN CHASE 6% 20180.5%
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
  • 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 price12.5904
CurrencyEUR
Price updated22/02/2017
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 price12.9792
CurrencyGBP
Price updated22/02/2017
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 price12.7642
CurrencyUSD
Price updated22/02/2017
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 price13.2803
CurrencyUSD
Price updated22/02/2017
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 price10.3811
CurrencyUSD
Price updated22/02/2017
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 price11.2313
CurrencyAUD
Price updated22/02/2017
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 price12.9659
CurrencyEUR
Price updated22/02/2017
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 price13.3758
CurrencyGBP
Price updated22/02/2017
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 price10.1682
CurrencyUSD
Price updated22/02/2017
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 price10.0369
CurrencyEUR
Price updated22/02/2017
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 price10.1272
CurrencyGBP
Price updated22/02/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE8CY
Data provided by

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