Fact sheet: StanLife Inv Tot Rtn Cr

Fund information
Fund name
Standard Life Investments Total Return Credit B Unhedged Acc
Fund manager company
Standard Life Investments GS
Fund type
Offshore Fund
Fund manager
  • Total Return Credit Teamsince 24/09/2014
Fund objective
The fund aims to provide long term growth from capital gains and the reinvestment of income. It typically holds a portfolio of higher yielding debt securities, including government and corporate bonds, asset backed securities, sub investment grade bonds and inflation linked bonds, which are listed or trade in either developed or emerging markets. The fund may also invest assets in other bonds, floating rate notes (FRNs) and/or money market instruments issued anywhere in the world. The fund is actively managed by our investment team, who will select securities without reference to an index weight or size to try to take advantage of opportunities they have identified. The portfolio is complemented with an active allocation to a range of market positions, which utilise a combination of traditional assets and investment strategies based on advanced derivative techniques with the aim of reducing the fund's overall volatility and generating additional returns. Investors should note that this allocation is likely to result in the fund gaining exposure to non-bond market opportunities and risks. This means that performance may deviate from bonds over short and medium-term periods. The fund can take long and short positions in markets, securities and groups of securities through derivative contracts.
Benchmark
No data available.
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
-
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.
1.01%
Fund size
£44m (£24m last year)
Top in this sector
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T. Rowe Price GblHghIncBd15.2%
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Franklin High Yield15.1%
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Performance snapshot

Holdings snapshot

  • USA31.2%
    Europe21.3%
    UK19.1%
    Money Market13.5%
    Global Emerging Markets8.4%
  • Industrials17%
    Consumer Goods16.5%
    Money Market13.5%
    Banks12.6%
    Financial Services11%
  • US Fixed Interest31.2%
    European Fixed Interest21.3%
    UK Fixed Interest19.1%
    Money Market13.5%
    Global Emerging Market Fixed Interest8.4%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%1.3%4.3%---
Sector0.9%1.3%5.1%10.6%9.9%31.8%
Rank within sector61 / 9058 / 8858 / 79---
Quartile3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.7%----
Sector3.3%11.4%-2.5%1.4%5.2%
Rank within sector60 / 83----
Quartile3rd
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 high10.54
52 week low10
Current bid price-
Current offer price-
Current mid price10.54
Region
1USA31.23%
2Europe21.3%
3UK19.05%
4Money Market13.51%
5Global Emerging Markets8.44%
6Not Specified2.5%
7Australia2.04%
8Canada1.93%
Industry sector
1Industrials16.95%
2Consumer Goods16.53%
3Money Market13.51%
4Banks12.63%
5Financial Services10.97%
6Technology6.21%
7Health Care5.69%
8Insurance3.89%
9Utilities3.59%
Asset type
1US Fixed Interest31.23%
2European Fixed Interest21.3%
3UK Fixed Interest19.05%
4Money Market13.51%
5Global Emerging Market Fixed Interest8.44%
6Global Fixed Interest2.5%
7Australian Fixed Interest2.04%
8Canadian Fixed Interest1.93%
Individual holdings
1SCHAEFFLER AG1.37%
2ARROW GLOBAL GRP PLC1.36%
3BARCLAYS PLC1.36%
4VIRGIN MEDIA FINANCE PLC 7% NTS 15/01/18 GBP1000`144A`1.36%
5LOGISTICS UK 2015 PLC COMM MORT BKD NTS 20/08/25 GBP B1.28%
6CHENIERE ENERGY INC1.15%
7CSC HOLDINGS1.15%
8IMS HEALTH HLDGS INC1.12%
9BANK OF AMERICA CORP1.1%
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. It typically holds a portfolio of higher yielding debt securities, including government and corporate bonds, asset backed securities, sub investment grade bonds and inflation linked bonds, which are listed or trade in either developed or emerging markets. The fund may also invest assets in other bonds, floating rate notes (FRNs) and/or money market instruments issued anywhere in the world. The fund is actively managed by our investment team, who will select securities without reference to an index weight or size to try to take advantage of opportunities they have identified. The portfolio is complemented with an active allocation to a range of market positions, which utilise a combination of traditional assets and investment strategies based on advanced derivative techniques with the aim of reducing the fund's overall volatility and generating additional returns. Investors should note that this allocation is likely to result in the fund gaining exposure to non-bond market opportunities and risks. This means that performance may deviate from bonds over short and medium-term periods. The fund can take long and short positions in markets, securities and groups of securities through derivative contracts.
Benchmark
No data available.
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Total Return Credit Team24/09/2014
Compliance
Transparent for Austrian Tax, Transparent for Swiss Tax, Reporting Fund Status, UCITS IV Compliant, UCITS V Compliant
Domicile
No data available.
Fund for sale in
Austria, Belgium, Switzerland, Germany, Spain, Finland, France, United Kingdom, Ireland, Italy, Luxembourg, Netherlands, Offshore, Sweden
Standard Life Investments Total Return Credit A Hedged Acc EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3224
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC28S
Standard Life Investments Total Return Credit A Hedged Acc SEK
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.1301
CurrencySEK
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC28U
Standard Life Investments Total Return Credit A Hedged Dis EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.56%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3038
CurrencyEUR
Price updated24/05/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeC28T
Standard Life Investments Total Return Credit B Hedged Acc CHF
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3235
CurrencyCHF
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC28W
Standard Life Investments Total Return Credit B Hedged Acc EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3486
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC28V
Standard Life Investments Total Return Credit B Hedged Dis CHF
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.3026
CurrencyCHF
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC28X
Standard Life Investments Total Return Credit B Unhedged Acc
Initial charge5%
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)1.01%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.54
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEA8G
Standard Life Investments Total Return Credit D Acc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.4164
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeKSHU
Standard Life Investments Total Return Credit D Hedged Acc EUR
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.7624
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFV1R
Standard Life Investments Total Return Credit D Hedged Acc SEK
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.7312
CurrencySEK
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFV1S
Standard Life Investments Total Return Credit D Hedged Acc USD
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.1186
CurrencyUSD
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeE0PI
Standard Life Investments Total Return Credit D Hedged Dis CHF
Initial charge5%
Annual charge-
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0091
CurrencyCHF
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC03V
Standard Life Investments Total Return Credit D Hedged Dis EUR
Initial charge5%
Annual charge-
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.0505
CurrencyEUR
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC03U
Standard Life Investments Total Return Credit D Hedged Dis SEK
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price103.1087
CurrencySEK
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC28Y
Standard Life Investments Total Return Credit D Unhedged Inc
Initial charge5%
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.92%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price10.1352
CurrencyGBP
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC03W
Standard Life Investments Total Return Credit K Acc
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 price10.4533
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeC28Q
Standard Life Investments Total Return Credit K Inc
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 price10.4239
CurrencyGBP
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeC28R
Standard Life Investments Total Return Credit Z Acc
Initial charge5%
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.19%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price11.6326
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeFNCZ
Standard Life Investments Total Return Credit Z Hedged Acc 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 price10.1815
CurrencyEUR
Price updated24/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeEB3M
Standard Life Investments Total Return Credit Z Unhedged Inc 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 price10.185
CurrencyGBP
Price updated24/05/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeNSW2
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.