Fact sheet: StanLife Inv Eurpn HiYld Bd

Fund information

Fund name
Standard Life Investments European High Yield Bond A EUR
Fund company manager
Standard Life Investments GS
Fund type
SIB
Fund manager
Fraser Duff
since 01/06/2016
Fund objective
The fund aims to achieve long term growth from capital gains and the reinvestment of income generated by investing primarily in euro-denominated 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) to try to take advantage of the opportunities they have identified. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk, or to meet its investment objective. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of assets held within the fund may rise and fall as a result of exchange rate fluctuations.
Benchmark
ML EURO NON-FINANCIAL HIGH YIELD CONSTRAINED INDEX
Investment style
Active,High Yield
Investment method
Fixed Interest

Quick stats

1 Year return

4.76 %

1 Year rank in sector

24/28

Sector

FO Fixed Int - EUR High Yield

Yield
-
Fund size

£ 53.9 m

FE Risk score

78

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • Europe
    100%
  • Industrials
    38.3%
  • Telecom, Media & Technology
    21.9%
  • Paper - Packaging & Printing
    9.1%
  • Financials
    8.5%
  • Consumer Services
    6.5%
  • European Fixed Interest
    100%

Performance vs. Sector

Cumulative performance

1m6m1y3y5y
Fund0.32 %2.04 %4.76 %11.6 %30.56 %
Sector0.31 %3.34 %6.49 %12.67 %33.74 %
Rank within sector19 / 2924 / 2824 / 2815 / 2615 / 23
Quartile th3 rd4 th4 th3 rd3 rd

Calendar performance

YTD-20172016201520142013
Fund3.69 %7.24 %1.26 %1.74 %8.88 %
Sector4.64 %7.95 %0.85 %3.16 %8.32 %
Rank within sector24 / 2816 / 2711 / 2721 / 268 / 23
Quartile th4 th3 rd2 nd4 th2 nd

Risk statistics

Alpha-0.56
Beta1
Sharpe-0
Volatility4.34
Tracking error0.9
Information ratio-0.62
R-Squared0.96

Price movement

52 week high18.4446
52 week low17.543
Current bid price0
Current offer price0
Current mid price18.4484

Holdings by region

  • 100% Europe

Holdings by sector

  • 38.3% Industrials
  • 21.9% Telecom, Media & Technology
  • 9.1% Paper - Packaging & Printing
  • 8.5% Financials
  • 6.5% Consumer Services
  • 5.5% Others
  • 4.2% Services
  • 3% Food, Beverages and Tobacco
  • 2.2% Transport
  • 0.8% Leisure

Holdings by asset type

  • 100% European Fixed Interest

Individual holdings

  • 2.7% MERLIN ENTERTAINMENTS PLC 2.75% BDS 15/03/22 EUR100000
  • 2.3% FMC FINANCE VIII SA 5.25% BDS 31/07/19 EUR1000 144A
  • 2.1% LGE HOLDCO VI BV 7.125% BDS 15/05/24 EUR100000
  • 2.1% UNITYMEDIA 4% 2025
  • 1.8% SCHAEFFLER VERWALTUNG ZW 2.75% BDS 15/09/21 EUR1000REG S
  • 1.6% OI EUROPEAN GROUP 6.75% BDS 15/09/20 EUR1000`144A`
  • 1.5% ANGLO AMERICAN CAPITAL 5.75% MTN 27/11/18 AUD10000
  • 1.5% SMURFIT KAPPA ACQUISITIONS UNLTD CO 4.125% BDS 30/01/20 EUR1000 144A
  • 1.4% ENEL SPA 6.5% BDS 10/01/74 EUR100000
  • 1.2% MPT OPERATING PTNRSHP/MPT FIN CORP 4% BDS 19/08/22 EUR1000