Fact sheet: MetLife Bcmk Royl Ld UKGovBd Gr Pn

Fund information
Fund name
MetLife Benchmark Royal London UK Government Bond Gr Pn
Fund manager company
Fund type
Pension Fund
Fund managers
  • Paul Raynersince 01/04/2009
  • Craig Inchessince 01/04/2009
Underlying fund
Royal London UK Government Bd
Fund objective
The fund seeks to achieve a combination of income and capital growth over the medium (5 years) to long (7 years) term.
  • FTSE All Stock Gilt
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
1 Year rank in sector
PN UK Gilts
Fund size
£0m (£0m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
Bid price
Offer price
Top in this sector
Fund name1 Year
SSgA MPF Idx Lk Gilts >5yrs Net Pn27.5%
Baillie Gifford Active Lg Gi+ Pn16.8%
AEGON UK Long Gilt Pn16%
AXA Wealth Teams Act UK Lg Glts Pn15.9%
Stan Life VanUK Long DurGtIdx Pn15.8%
...more in PN UK Gilts

Performance snapshot

Holdings snapshot

  • UK100%
  • Government Bonds97%
    Index Linked1.5%
    Government Agency Bonds1.5%
  • UK Gilts95.1%
    Global Government Fixed Interest1.9%
    Global Index Linked1.5%
    Global Corporate Fixed Interest1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector37 / 182167 / 180164 / 180102 / 17766 / 17239 / 161
Calendar performance
 YTD - 20172016201520142013
Rank within sector144 / 18085 / 17710 / 17599 / 1704 / 166
Risk statistics
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
Price movement
52 week high160.87
52 week low142.95
Current bid price153.45
Current offer price153.45
Current mid price-
Industry sector
1Government Bonds97.02%
2Index Linked1.5%
3Government Agency Bonds1.48%
Asset type
1UK Gilts95.11%
2Global Government Fixed Interest1.91%
3Global Index Linked1.5%
4Global Corporate Fixed Interest1.48%
Individual holdings
1UK TREASURY 1% 07/09/20179.73%
2TREASURY 5% GILT 07/03/18 GBP8.89%
3TREASURY 3.75% GILT 07/09/19 GBP0.015.39%
4TREASURY 3.25% GILT 22/01/44 GBP0.014.39%
5TREASURY 2.25% GILT 07/09/23 GBP3.9%
6TREASURY 4.25% GILT 07/12/55 GBP0.013.83%
7TREASURY 4.75% GILT 07/12/30 GBP3.55%
8TREASURY 3.75% GILT 7/9/20 GBP0.013.36%
9TREASURY 4.25% GILT 07/03/36 GBP0.013.16%
Fund manager group
Fund manager company
Fund type
Pension Fund
Fund objective
The fund seeks to achieve a combination of income and capital growth over the medium (5 years) to long (7 years) term.
  • FTSE All Stock Gilt
Investment style
No data available.
Investment method
No data available.
Fund managers
Paul Rayner01/04/2009Paul Rayner is Head of Government Bonds at RLAM and works closely with Government Bond Fund Manager Craig Inches. He is supported by a skilled and experienced team of specialist investors across all disciplines employed within the fund. Paul joined RLAM in June 2005 from SG Asset Management where he was Head of UK Bonds. Paul has over 25 years experience in managing UK and global government bonds and is a graduate in Economics from the University of Kent.
Craig Inches01/04/2009Craig joined RLAM in January 2009 as a fund manager with the fixed interest team. He is responsible for the management of government bond portfolios including index-linked bonds, gilts and non UK sovereign debt. Craig joined RLAM after an 11 year career at Scottish Widows Investment Partnership (SWIP) where he was Fixed Income Investment Director. At SWIP, Craig built up a strong track record across a wide range of fixed income funds. Craig has an MSc in Investment Analysis from Stirling University and a BSc (Hons) in Actuarial Mathematics and Statistics from Heriot-Watt University.
No data available.
No data available.
Fund for sale in
United Kingdom
MetLife Benchmark Royal London UK Government Bond Gr Pn
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price153.4542
Offer price153.4542
Mid price-
Price updated20/04/2017
Institutional or retail classRetail
Citi codeIRZ5
Data provided by

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