MyFolio Managed Range Report

Transcription

1 MyFolio Managed Range Report Standard Life Investments has not considered the suitability of investment against your individual needs and risk tolerance. To ensure that you understand whether a financial product is suitable, please read the Prospectus or Key Investor Information Document and seek assistance from your professional adviser. The value of investments within the Fund can fall as well as rise and is not guaranteed you may get back less than you pay in. Please note that the number contained in the fund name is not related to the synthetic risk and reward indicator contained in the Key Investor Information Document (KIID). December 2017 The MyFolio Range Review looks at the asset allocation, performance and realised volatility experience of the MyFolio funds, by investment style. Performance Chart Note: Past Performance is not a guide to future performance. Performance based on the Institutional share class.

2 MyFolio Managed funds - at a glance The MyFolio funds are a family of 25 carefully constructed risk-based portfolios, which offer your clients a choice of active and passive investment strategies across five risk levels and five investment styles. Whatever your investment philosophy, you decide on the most suitable risk profile and investment style for your client and select the appropriate MyFolio funds - we will then take care of the ongoing rebalancing and monitoring. MyFolio aims to maximise returns for your selected level of risk through our innovative asset allocation approach. Using the range of selected asset classes, a strategic asset allocation benchmark is designed to generate the highest expected return for the given level of risk in each fund. We currently engage Moody's Analytics to consult with us on the optimum strategic asset allocation for each fund. We undertake tactical asset allocation where we aim to take advantage of short-term investment opportunities across all MyFolio funds. All the MyFolio funds invest in active commercial property, including the MyFolio Market funds.

3 Performance and fund details (at 31 December 2017) Managed Funds I II III IV V Cumulative performance 1 month 0.67% 0.89% 1.19% 1.45% 1.68% 6 months 2.23% 3.51% 4.96% 6.26% 6.92% 1 year 4.58% 6.74% 9.36% 11.74% 13.23% 3 years 12.28% 17.79% 23.05% 28.78% 33.15% 5 years 24.14% 35.85% 48.94% 62.14% 74.10% Since launch (22/09/10) 40.28% 56.36% 73.60% 85.00% 98.44% Year on year performance (figures updated on a quarterly basis) 01/01/ /12/ % 6.74% 9.36% 11.74% 13.23% 01/01/ /12/ % 7.14% 7.84% 9.31% 10.90% 01/01/ /12/ % 3.00% 4.34% 5.43% 6.04% 01/01/ /12/ % 6.86% 7.37% 7.68% 8.14% 01/01/ /12/ % 7.92% 12.73% 16.93% 20.92% Annual Management Charge 0.225% 0.225% 0.225% 0.225% 0.225% Ongoing Charges Figure* 0.69% 0.73% 0.80% 0.85% 0.87% Yield 0.64% 1.29% 1.23% 1.29% 1.24% Volatility 3.32% 4.42% 5.59% 6.86% 7.96% Fund Size in m as at 31/12/ , , , * The Ongoing Charges Figure (OCF) expresses the annualised operating expenses of the institutional share class as a percentage of the average net asset value over the last annual reporting period. Three year volatility numbers to 31 December Volatility is the standard deviations of the returns around the mean. Performance figures are calculated on a total return basis in GBP to 31 December 2017 using the Institutional share class, source is Financial Express Analytics. Past performance is not a guide to future performance.

4 Current Asset Allocation (at 31 December 2017) Managed Funds I II III IV V Cash & Money Markets 3.80% 1.00% 1.00% 1.00% 1.00% Global Index Linked Bonds 5.50% 5.60% 3.00% 0.00% 0.00% Short Dated Global Index Linked Bonds 4.00% 4.10% 1.50% 0.00% 0.00% Sterling Corporate Bonds 12.60% 7.50% 2.60% 0.00% 0.00% Short Dated Sterling Corporate Bonds 14.10% 7.00% 2.10% 0.00% 0.00% Global Corporate Bonds 9.00% 7.60% 5.90% 1.20% 0.00% Short Dated Global Corporate Bonds 3.00% 2.60% 2.00% 0.70% 0.00% Absolute Returns Bonds 14.30% 10.10% 5.80% 2.00% 0.00% Defensive Assets 66.30% 45.50% 23.90% 4.90% 1.00% UK Equities 4.00% 8.70% 13.00% 18.00% 23.15% US Equities 6.00% 10.10% 14.00% 18.40% 23.50% European Equities 3.70% 5.50% 7.30% 9.10% 11.20% Japan Equities 2.60% 3.90% 5.20% 6.50% 8.40% Asia Pacific Equities 2.30% 3.20% 4.30% 5.30% 6.55% Emerging Market Equities 2.30% 3.20% 4.30% 5.30% 6.30% Sterling Hedged Global High Yield 2.50% 2.50% 3.30% 4.10% 0.00% Emerging Market Debt 1.10% 1.50% 1.90% 2.30% 0.50% UK Property 2.60% 4.50% 6.40% 6.10% 0.00% Global REITs 0.90% 1.50% 2.20% 2.00% 0.00% Absolute Returns 5.70% 9.90% 14.20% 18.00% 19.40% Growth Assets 33.70% 54.50% 76.10% 95.10% 99.00%

5 Holdings (at 31 December 2017) Holding name Vanguard UK Short-Term Investment Grade Active /Passive Passive 5.57% I II III IV V SLI Corporate Bond Active 2.73% 2.87% 1.46% SLI Ethical Corporate Bond Active 7.88% 3.21% 0.31% SLI Global Corporate Bond Active 7.87% 6.22% 4.56% 0.97% SLI Global Index Linked Bond Active 5.41% 5.79% 3.51% SLI Absolute Return Global Bond Strategies Active 14.20% 10.24% 5.13% 1.96% SLI Investment Grade Corporate Bond Active 1.85% 1.25% 0.44% SLI Short Dated Corporate Bond Active 3.37% 2.80% 0.84% SLI Short Duration Credit Active 5.07% 3.77% 1.23% SLI Short Duration Global Inflation Linked Active 4.47% 3.99% 1.77% SLI Global Corporate Bond Active 0.93% 1.31% 1.18% 0.17% SLI Global Short Dated Corporate Bond Active 2.86% 2.45% 1.89% 0.66% Cash Active 4.29% 1.16% 1.45% 1.63% 1.61% Defensive 66.51% 45.05% 23.78% 5.39% 1.61% Neuberger Berman EM Debt Local Currency Active 0.44% 0.51% 0.80% 0.95% 0.01% Vanguard US Equity Index Passive 2.17% 3.45% 5.62% 6.76% 8.16% SLI American Equity Income Active 0.78% 1.49% SLI American Equity Unconstrained Active 1.28% 3.51% 4.01% SLI Asian Pacific Growth Active 1.67% 1.28% SLI Emerging Market Local Currency Debt Active 1.13% 0.72% 0.78% 1.03% 0.52% SLI Europe ex UK Smaller Companies Active 0.86% 0.73% SLI European Equity Growth Active 0.74% 1.57% 1.55% SLI European Equity Income Active 3.59% 5.48% 3.50% 3.62% 4.24% SLI European Smaller Companies Active 1.07% 0.80% 0.89% SLI Global Absolute Return Strategies Active 5.69% 9.66% 13.94% 17.25% 19.00% SLI Global Emerging Markets Equity Active 1.36% 1.15% 1.89% 2.39% SLI Global Emerging Markets Equity Income Active 3.11% 2.04% 3.33% 3.69% 4.41% SLI Japanese Equities Active 0.89% 1.06% 1.48% 1.86% SLI Japanese Equity Growth Active 0.55% 1.59% 1.89% 2.76% 3.50% SLI Global High Yield Bond Active 2.32% 2.77% 3.80% 3.70%

6 Holdings (at 31 December 2017) Holding name Active /Passive I II III IV V SLI UK Equity Growth Active 0.44% 1.10% 1.44% 1.67% 2.78% SLI UK Equity High Income Active 0.93% 2.51% 2.23% 3.29% 3.19% SLI UK Equity Income Unconstrained Active 1.20% 3.20% 3.94% 6.20% 8.53% SLI UK Equity Unconstrained Active 2.27% 3.03% 3.57% SLI UK Real Estate Active 2.66% 4.68% 6.19% 6.20% SLI UK Smaller Companies Active 0.50% 1.23% 2.06% 2.89% 3.29% SLMT American Equity Unconstrained Active 1.63% 2.61% 3.37% 3.13% 4.25% SLI Japanese Trust Active 1.85% 2.09% 2.41% 2.40% 2.83% SLI European Trust Active 1.98% 2.09% 3.55% SLI North American Trust Active 1.47% 2.63% 4.08% 5.01% 6.90% SLMT Pacific Basin Trust Active 1.52% 2.94% 3.75% 3.28% 4.67% SLI UK Equity High Alpha Active 0.66% 0.77% 1.64% 1.94% 2.27% Brookfield Global REITS Active 0.47% 0.68% 1.06% 1.07% SLI Global REIT Active 0.38% 0.55% 0.86% 0.87% Growth 33.49% 54.95% 76.22% 94.61% 98.39%