Fact sheet: Stan Life Inv Higher Inc

Fund information

Fund name
Standard Life Investments Higher Income Ret Platform 1 Acc
Fund company manager
Standard Life Investments
Fund type
OIC
Fund manager
Alasdair MacLean
since 01/01/2006
Fund objective
The fund aims to provide a significantly higher level of income than that available on gilts by investing mainly in sterling and euro denominated sub-investment grade corporate 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) to try to take advantage of the opportunities they have identified.
Benchmark
BofAML Eur/GBP Fixed&Floating Non Fin High Yd 3% Const Indx(hedged to £)
Investment style
High Yield
Investment method
Fixed Interest

Performance snapshot

Quick stats

1 Year return

9.05 %

1 Year rank in sector

16/23

Sector

UT Sterling High Yield

Yield

3.41

Fund size

£ 472.5 m

FE Risk score

24

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • UK
    100%
  • BB
    61.5%
  • B
    20%
  • Non-Rated
    8.5%
  • BBB
    4.9%
  • CCC
    3.1%
  • UK Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.86 %4.6 %9.05 %13.61 %44.98 %
Sector1.02 %5.68 %10.29 %12.03 %37.33 %
Rank within sector16 / 2319 / 2316 / 2311 / 229 / 21
Quartile th3 rd4 th3 rd2 nd2 nd

Calendar performance

YTD-20172016201520142013
Fund3.3 %8.59 %2.01 %3.15 %9.24 %
Sector3.74 %9.87 %-0.27 %1.85 %6.22 %
Rank within sector18 / 2314 / 236 / 237 / 223 / 21
Quartile th4 th3 rd2 nd2 nd1 st

Risk statistics

Alpha1.08
Beta0.91
Sharpe0.18
Volatility4.32
Tracking error1.31
Information ratio0.59
R-Squared0.92

Price movement

52 week high72.6
52 week low65.88
Current bid price0
Current offer price0
Current mid price72.31

Holdings by region

  • 100% UK

Holdings by sector

  • 61.5% BB
  • 20% B
  • 8.5% Non-Rated
  • 4.9% BBB
  • 3.1% CCC
  • 1.1% AAA
  • 0.9% A

Holdings by asset type

  • 100% UK Fixed Interest

Individual holdings

-