Fact sheet: StanLife Inv Gbl Hi Yd Bd

Fund information
Fund name
Standard Life Investments Global High Yield Bond D Acc HKD
Fund manager company
Standard Life Investments GS
Fund type
Offshore Fund
Fund manager
  • Erlend Lochensince 05/04/2010
Fund objective
The fund aims to achieve long term growth from capital gains and the reinvestment of income generated by investing predominately in global high yielding bonds.The fund is actively managed by our investment team who may also invest in other bonds (such as investment grade corporate bonds and government bonds) issued anywhere in the world to try to take advantage of the oppurtunities they have identified.
Benchmark
  • Barclays Capital Global HY Corp Index exFin with 2% Issuer Cap
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
8.6%
1 Year rank in sector
-
Sector
FO Fixed Int - Global High Yield
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.
0.65%
Fund size
£893m (£794m 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.
37
Top in this sector
Fund name1 Year
Franklin GblCorpHiYd33.2%
Pioneer SICV-Gbl Hi Yld30.6%
Natixis LoomsSyles HInc19.9%
T. Rowe Price GblHghIncBd12.6%
Nomura Gbl Hgh Yld Bd11.7%
...more in FO Fixed Int - Global High Yield

Performance snapshot

Holdings snapshot

  • USA66.5%
    Money Market7%
    Not Specified6.6%
    UK5.4%
    Germany4.5%
  • Fixed Interest93%
    Money Market7%
  • US Fixed Interest66.5%
    Money Market7%
    Global Fixed Interest6.6%
    UK Fixed Interest5.4%
    German Fixed Interest4.5%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-0.5%4.4%8.6%7.2%37.3%
Sector-0.7%0.3%4.9%7.7%9.1%34%
Rank within sector------
Quartile
Calendar performance
 YTD - 20162015201420132012
Fund9.9%-2.2%-1.1%8%16.8%
Sector9.7%-2.5%1.4%5.2%15.5%
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.
-0.93
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.
1.12
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%.
5.58
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.
2.1
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.
-0.28
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.
0.87
Price movement
52 week high119.74
52 week low102.54
Current bid price-
Current offer price-
Current mid price117.83
Region
1USA66.5%
2Money Market7%
3Not Specified6.6%
4UK5.4%
5Germany4.5%
6Canada2.9%
7France2.3%
8Netherlands2.2%
9India1.5%
Industry sector
1Fixed Interest93%
2Money Market7%
Asset type
1US Fixed Interest66.5%
2Money Market7%
3Global Fixed Interest6.6%
4UK Fixed Interest5.4%
5German Fixed Interest4.5%
6Canadian Fixed Interest2.9%
7French Fixed Interest2.3%
8Dutch Fixed Interest2.2%
9Indian Fixed Interest1.5%
Individual holdings
1MORGAN STANLEY 5.55 % PERP1.3%
2CITIGROUP 6.125% PERP1.2%
3HCA INC 4.75% BDS 01/05/23 USD20001.1%
4T-MOBILE US INC 6.125% BDS 15/01/22 USD20001%
5ALLY FINANCIAL INC 5.75% BDS 20/11/25 USD10000.9%
6CIT GROUP 5% 20220.9%
7BANK OF AMERICA 6.3% 20490.8%
8SABINE PASS LIQUEFACTION LLC 5.625% BDS 01/02/21 USD10000.8%
9WINDSTREAM CORP 6.375% BDS 01/08/23 USD1000.8%
Management
Fund manager group
Standard Life Investments
Fund manager company
Standard Life Investments GS
Fund type
Offshore Fund
Fund objective
The fund aims to achieve long term growth from capital gains and the reinvestment of income generated by investing predominately in global high yielding bonds.The fund is actively managed by our investment team who may also invest in other bonds (such as investment grade corporate bonds and government bonds) issued anywhere in the world to try to take advantage of the oppurtunities they have identified.
Benchmark
  • Barclays Capital Global HY Corp Index exFin with 2% Issuer Cap
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Erlend Lochen05/04/2010Erland Lochen joined Standard Life Investments in August 2001 as an Investment Director - Credit and in 2004 became the joint fund manager of the Higher Income Fund. Prior to joining Standard Life Investments, he worked with a number of companies in the credit arena, including Skandinaviska Enskilda Banken, Barclays Capital, London and Merrill Lynch.
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 High Yield Bond A Acc HKD
Initial charge-
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price111.3065
CurrencyHKD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIWX4
Standard Life Investments Global High Yield Bond A Hedged Acc EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.1697
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG3BI
Standard Life Investments Global High Yield Bond A Hedged GBP
Initial charge5%
Annual charge1.35%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.43%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price12.7052
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code042G
Standard Life Investments Global High Yield Bond A USD
Initial charge5%
Annual charge1.35%
Min single investment£1,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.44%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price14.3512
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeIQG7
Standard Life Investments Global High Yield Bond D Acc HKD
Initial charge5%
Annual charge0.6%
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 price117.8262
CurrencyHKD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMPZ5
Standard Life Investments Global High Yield Bond D Dis 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 price9.5572
CurrencyUSD
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFPFC
Standard Life Investments Global High Yield Bond D Hedged Acc 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 price12.6064
CurrencyEUR
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeG3BJ
Standard Life Investments Global High Yield Bond D Hedged Dis 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 price9.5281
CurrencyCHF
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFSAT
Standard Life Investments Global High Yield Bond D Hedged Dis GBP
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 price9.7841
CurrencyGBP
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeFSAS
Standard Life Investments Global High Yield Bond D Hedged GBP
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 price13.2553
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi code042H
Standard Life Investments Global High Yield Bond D USD
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 price15.1918
CurrencyUSD
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIQG8
Data provided by

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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.