Standard Life Ideal Income Balanced SEG

 (MUTF_CA:SLI105)   Watch this mutual fund  
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Performance

Trailing returns

1 day
   
-0.08%  
1 week
   
-0.12%  
4 week
   
-0.49%  
3 month   +3.15%
   
YTD   +3.15%
   
1 year   +7.61%
   
3 years*   +6.63%
   
5 years*   +5.78%
   
*annualized
Best 3 month return+10.06%  
Worst 3 month return-10.59%  

Morningstar statistics

Morningstar category: Canadian Neutral Balanced
  Return Risk Rating
3 years Low Below Average
5 years Average Below Average
10 years Average Low
Overall Average Below Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets184.82M 
Front load-  
Deferred load-  
Expense ratio-  
Management fee2.40%  
Fund familyStandard Life Assurance Co. of Canada 

Asset allocation

Cash12.42%  
Stocks50.52%  
Bonds36.77%  
Other0.29%  

Purchase information

InitialCA$1,000  
AdditionalCA$250  
IRA InitialCA$1,000  
22.35+0.01(0.07%)
Apr 1, 4:30PM EDT Overall Morningstar RatingTM

Description

The objective of the Payout Balanced Fund is to accommodate the needs of investors who are drawing upon their assets for income purposes, but still wish to remain invested primarily in a diversified portfolio of stocks and bonds. The fund is structured more defensively than the Balanced Fund in that the proportion held in bonds and shorter-term securities is slightly greater to reflect the annual requirement for income withdrawal and the need for lower volatility. The average term to maturity of the bonds held has also been reduced to adjust for the income needs of the typical investor.
Asset managers:
Michel Pelletier (Started: Dec 1, 2003)
Neil Matheson (Started: Jan 1, 2012)
Marie-Eve Savard (Started: Jan 1, 2012)
Advisor Company:
Standard Life Investments Inc.
1245 Sherbrooke Street West
514 499 4466 (Fax)

Risk

  1 year 3 years 5 years 10 years  
Alpha* 0.80 1.44 1.21 -0.56
Beta* 0.61 0.63 0.60 0.62
Mean annual return 0.58 0.51 0.46 0.36
R-squared* 73.37 67.05 65.99 71.31
Standard deviation 3.20 3.39 3.56 5.14
Sharpe ratio 1.89 1.53 1.32 0.48
* Against standard index

Top 10 holdings

Security Net Assets  
Toronto-Dominion Bank (TD) 2.71%  
Royal Bank Of Canada (RY) 2.65%  
Bank of Nova Scotia (BNS) 2.35%  
Canada Hsg Tr No 1 1.7% 1.84%  
Canadian National Railway Co (CNI) 1.83%  
Manulife Financial Corp (MFC) 1.77%  
Canada Govt 2.75% 1.65%  
Alimentation Couche-Tard Inc (ANCUF) 1.52%  
Ontario Prov Cda 4.6% 1.45%  
TELUS Corp (TU) 1.45%