Standard Life Dynamic Distribution Accumulation
Also available as income units
At a glance
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.50% |
| Annual saving | 0.200% ² |
| Total Expense Ratio | 1.79% |
| Launch date | 14-02-2006 |
| Launch price | £0.50 |
| Sector | Cautious Managed |
| Fund size | £214 million |
| Number of holdings | 13 |
| Fund type | OEIC |
| Type of units | Accumulation |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Compared to its peer group the fund has underperformed over the last year, mainly due to its property exposure. Jacqueline Kerr decided not to sell the fund’s property holding as she feels it provides diversification and the costs of selling would be detrimental. Where there has been cash in the fund, it has been used to buy the SLI AAA Income Fund and this has proven extremely resilient given the market conditions of the last year.
Full research
About the Fund Manager
Jacqueline Kerr
Located in: Edinburgh
After graduating in Accountancy & Financial Studies from Heriot Watt University in 1988, Jacquie joined Standard Life, spending time in both the Sales and Marketing Departments. She subsequently joined the Investment Department where she was later appointed Assistant Investment Manager for Retail. With the launch of Standard Life Investments in 1998, Jacquie was appointed Investment Director involved predominantly in the asset allocation for the Managed and Balanced funds in the OEIC and Net Funds range. In 2001 she became Investment Director Mutual Funds, responsible for investment strategy within the OEIC range of funds and Fund Manager for the Global Advantage Fund and Managed Fund. In 2003 she became Head of Mutual Fund Investments retaining her fund management responsibilities and in 2004 she resumed responsibility for the Life Fund range.
Income details
| Historic yield | 4.62% |
|---|---|
| Income paid | Quarterly |
| Type of payment | Dividend |
All yields are variable and not guaranteed. There is currently no yield information available for this fund.
Distribution dates
| Ex-dividend date | 31 March 2008 |
|---|---|
| Payment date ³ | 31 May 2008 |
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Top 10 holdings
| Standard Life Investments UK Equity High Income Class R | 15.70% |
|---|---|
| Standard Life Investments UK Property | 14.52% |
| Standard Life Investments UK Equity High Alpha Class R | 13.36% |
| Standard Life Investments Corporate Bond Class I | 12.81% |
| Standard Life Investments AAA Income CAT | 11.80% |
| Standard Life Investments UK Equity Growth Class R | 4.70% |
| Standard Life Investments UK Equity Income Unconstrained Class R | 3.68% |
| Standard Life Investments Global REIT Class R | 3.44% |
| Standard Life Investments UK Smaller Companies Class I | 2.59% |
| Standard Life Investments UK Equity Unconstrained Class R | 2.40% |
Top 10 sectors
| Bonds | 24.15% |
|---|---|
| Managed Funds | 14.52% |
| Cash and Equiv. | 14.29% |
| Oil & Gas Producers | 6.18% |
| Banks | 5.60% |
| Travel & Leisure | 3.82% |
| Support Services | 2.88% |
| Mining | 2.20% |
| Industrial Engineering | 1.94% |
| Software & Computer Services | 1.92% |
Top 10 countries
| United Kingdom | 54.99% |
|---|---|
| Managed Funds | 14.52% |
| Cash and Equiv. | 14.29% |
| Luxembourg | 3.08% |
| United States | 2.84% |
| France | 1.66% |
| Germany | 1.62% |
| Netherlands | 1.23% |
| Ireland | 0.62% |
| United Arab Emirates | 0.60% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 28-11-2008. Data accurate as at 31/10/2008.
