MyFolio Market 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).

February 2017

The MyFolio Range Review looks at the asset allocation, performance and realised volatility experience of the MyFolio funds, by investment style.

MyFolio Market 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.

Performance

Note: Past Performance is not a guide to future performance.
Performance based on the Institutional share class.

Performance and fund details (at 28th February 2017)

Market Funds I II III IV V
Cumulative performance
1 month 1.71% 2.05% 2.33% 2.66% 3.01%
6 months 1.54% 3.76% 6.16% 8.36% 9.90%
1 year 9.95% 14.64% 18.73% 23.43% 27.97%
3 years 17.10% 23.15% 27.99% 33.46% 38.93%
5 years 28.41% 39.52% 49.12% 59.10% 68.26%
Since launch (30/09/10) 40.12% 55.56% 66.06% 75.42% 86.94%
Year on year performance (figures updated on a quarterly basis)
01/1/2016 - 31/12/2016 8.58% 11.85% 14.69% 18.10% 21.57%
01/1/2015 - 31/12/2015 0.97% 1.75% 2.22% 2.54% 2.63%
01/1/2014 - 31/12/2014 6.41% 7.14% 7.08% 7.37% 7.72%
01/1/2013 - 31/12/2013 4.45% 7.59% 11.57% 15.23% 18.57%
01/1/2012 - 31/12/2012 5.28% 7.85% 9.58% 10.11% 10.50%
 
Annual Management Charge 0.225% 0.225% 0.225% 0.225% 0.225%
Ongoing Charges Figure* 0.45% 0.46% 0.49% 0.52% 0.47%
Yield 1.95% 1.64% 1.89% 1.91% 1.81%
Volatility† 3.71% 5.18% 6.62% 8.34% 9.86%
Fund Size in £m as at 28/02/17 241.29 948.01 1,177.94 434.42 183.44

* 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 28th February 2017. Volatility is the standard deviations of the returns around the mean. Performance figures are as at 28th February 2017 and are based on the Institutional Share Class. Past performance is not a guide to future performance.

Current Asset Allocation (at 28th February 2017)

Market Funds I II III IV V
Cash & Money Markets 9.10% 3.40% 1.00% 1.00% 1.00%
Global Index Linked Bonds 7.10% 5.80% 3.40% 1.00%
Short Dated Global Index Linked Bonds 7.10% 5.80% 3.40% 1.00%
Sterling Corporate Bonds 22.90% 16.50% 8.10% 2.50%
Short Dated Sterling Corporate Bonds 22.90% 16.50% 8.10% 2.50%
Defensive Assets 69.10% 48.00% 24.00% 8.00% 1.00%
UK Equities 4.65% 11.20% 17.45% 24.75% 29.15%
US Equities 7.40% 13.50% 18.70% 24.10% 29.70%
European Equities 2.40% 4.90% 7.10% 9.40% 11.70%
Japan Equities 2.95% 4.85% 6.45% 8.05% 9.75%
Asia Pacific Equities 1.40% 2.55% 3.70% 5.00% 6.40%
Emerging Market Equities 1.40% 2.90% 4.20% 5.50% 6.90%
Sterling Hedged Global High Yield 2.90% 4.00% 7.20% 4.50%
Emerging Market Debt 3.40% 0.50% 0.50% 0.50% 0.50%
UK Property 3.40% 6.60% 9.70% 9.20% 3.90%
Global REITs 1.00% 1.00% 1.00% 1.00% 1.00%
Growth Assets 30.90% 52.00% 76.00% 92.00% 99.00%

Holdings (at 28th February 2017)

Holding name Active/Passive I II III IV V
BlackRock Corporate Bond Tracker Passive 9.36 6.92 3.44
Fidelity Global Inflation-Linked Bond Active 5.85 5.36 2.17 0.99
L&G Global Inflation Linked Bond Index Passive 4.78 4.04 2.22 0.46
L&G Short Dated Corporate Bond Index Passive 5.85 4.28 3.17 1.08
Royal London Short Duration Global Index Passive 0.81 0.69 1.17
Vanguard UK Inflation-Linked Gilt Index Passive 2.05 1.76 0.96 0.20
Vanguard UK Investment Grade Bond Index Passive 14.05 10.36 5.17 2.54
Vanguard UK Short-Term Investment Grade Passive 17.52 12.84 5.35 2.00
Cash Active 8.92 2.65 1.16 0.73 0.93
Defensive 69.19 48.90 24.81 7.98 0.93
BlackRock Continental European Equity Tracker Passive 2.20 4.56 6.75 9.02 11.31
BlackRock Global Real Estate Passive 1.11 1.24 0.90 1.08 0.96
BlackRock Japan Equity Tracker Passive 2.64 4.41 6.21 8.12 9.65
BlackRock Pacific ex-Japan Equity Tracker Passive 1.05 2.08 2.99 4.58 6.26
BlackRock UK Equity Tracker Passive 1.51 3.53 5.39 7.35 8.06
BlackRock US Equity Tracker Passive 2.22 2.66 3.74 4.84 7.45
L&G Emerging Markets Government Bond Index Passive 3.63 0.75 0.93 0.75 1.01
L&G UK Index Trust Passive 1.51 3.54 6.30 6.34 7.96
L&G US Index Passive 2.26 4.85 5.75 8.72 7.64
M&G Property Portfolio Active 1.22 1.90 3.10 2.89 1.23
PIMCO Global High Yield Bond Active 1.38 2.18 4.33 2.31
Putnam Global High Yield Bond Active 1.29 1.67 2.46 2.29
SLI UK Real Estate Active 2.54 3.91 6.34 5.83 2.50
Vanguard Emerging Markets Stock Index Passive 1.19 2.84 4.07 5.29 6.84
Vanguard FTSE UK All Share Index Passive 2.02 4.69 6.29 11.24 13.14
Vanguard US Equity Index Passive 3.05 6.27 9.64 11.36 15.06
Growth 30.81 51.10 75.19 92.02 99.07