Fact sheet: R&M World Recovery

Fund information
Fund name
R&M World Recovery B Inc
Fund manager company
River & Mercantile Asset Mgmt
Fund type
OEIC
Fund manager
  • Hugh Sergeantsince 04/03/2013
Fund objective
The investment objective of the Fund is to achieve capital growth through investing in a portfolio which will primarily consist of international equities that the investment manager believes will benefit from a recovery in company profitability over the medium and longer term. The Fund will not be restricted by reference to a benchmark, territory, sector constraints or company size.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Quick stats
1 Year return
54%
1 Year rank in sector
4/253
Sector
UT Global
Yield
0.5%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.28%
Fund size
£277m (£153m 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.
125
Mid price
490.1
Top in this sector
Fund name1 Year
First State Gbl Resrcs65.8%
Natixis HarsAsGblConcntdEq55.1%
NFU Mutual Global Growth55%
R&M World Recovery54%
Investec Gbl Spcl Situations52.2%
...more in UT Global

Performance snapshot

Holdings snapshot

  • Japan11.8%
    Italy11.2%
    USA9.7%
    UK9.4%
    Brazil8.1%
  • Financials28.4%
    Consumer Discretionary18.5%
    Information Technology12.6%
    Industrials11.1%
    Materials7.5%
  • Japanese Equities11.8%
    Italian Equities11.2%
    US Equities9.7%
    UK Equities9.4%
    Brazilian Equities8.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.6%12%20.1%54%34.6%-
Sector2.7%7%10.1%30.7%39.3%68.7%
Rank within sector177 / 2652 / 2635 / 2604 / 253156 / 229-
Quartile3rd1st1st1st3rd
Calendar performance
 YTD - 20172016201520142013
Fund7.4%32.9%1.8%-3.7%-
Sector4.1%21%3.4%6.7%19.7%
Rank within sector10 / 26414 / 250180 / 238223 / 225-
Quartile1st1st4th4th
Risk statistics
Alpha
?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.
-4.5
Beta
?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.
1.3
Sharpe
?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.
0.48
Volatility
?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%.
15.02
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.
7.81
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.
-0.19
R-Squared
?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.
0.76
Price movement
52 week high491.86
52 week low317.99
Current bid price-
Current offer price-
Current mid price490.1
Region
1Japan11.81%
2Italy11.2%
3USA9.67%
4UK9.37%
5Brazil8.08%
6China6.88%
7France5.14%
8Spain4.74%
9Greece3.76%
Industry sector
1Financials28.43%
2Consumer Discretionary18.53%
3Information Technology12.62%
4Industrials11.12%
5Materials7.48%
6Energy7.41%
7Consumer Staples4.29%
8Health Care3.57%
9Real Estate3.03%
Asset type
1Japanese Equities11.81%
2Italian Equities11.2%
3US Equities9.67%
4UK Equities9.37%
5Brazilian Equities8.08%
6Chinese Equities6.88%
7French Equities5.14%
8Spanish Equities4.74%
9Greek Equities3.76%
Individual holdings
1CEGEDIM0.9%
2LLOYDS BANKING GROUP PLC0.9%
3CITIGROUP INC0.8%
4ASSICURAZIONI GENERALI SPA0.7%
5BHP BILLITON PLC0.7%
6BNP PARIBAS (SUISSE) SA0.7%
7RHYTHMONE PLC0.7%
8RIO TINTO0.7%
9SOMERO ENTERPRISE INC0.7%
Management
Fund manager group
River & Mercantile Asset Mgmt
Fund manager company
River & Mercantile Asset Mgmt
Fund type
OEIC
Fund objective
The investment objective of the Fund is to achieve capital growth through investing in a portfolio which will primarily consist of international equities that the investment manager believes will benefit from a recovery in company profitability over the medium and longer term. The Fund will not be restricted by reference to a benchmark, territory, sector constraints or company size.
Benchmark
  • MSCI AC World
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Hugh Sergeant04/03/2013Hugh is the CIO of Equities. Graduated from the London School of Economics with a degree in Economics. He joined Gartmore in 1987 as a UK equity graduate trainee and moved to Phillips & Drew in 1990, managing UK equities throughout his twelve years there. He became Head of Smaller Companies in 1997, establishing a new team and launching the UBS Smaller Companies Fund and in March 2000 was promoted to Head of UK Equities at UBSGAM and Chairman of the UK Equity Committee. He joined SGAM in 2002 where he was Head of UK Equities, manager of the Diversified Growth strategy and co-manager of the Special Opportunities fund. Hugh joined River and Mercantile in August 2006. Hugh is CIO of the Equity team at River and Mercantile with overall responsibility for managing and developing the team. As a Fund Manager he will be focused on the UK High Alpha, Global High Alpha, Long Term Recovery and World Recovery strategies.
Compliance
IA Recognised, UCITS V Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
R&M World Recovery B Inc
Initial charge5.25%
Annual charge1%
Min single investment£2,500,000
Min regular saving£25,000
Available in ISANo
Ongoing charge (OCF)1.28%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price490.1
CurrencyGBX
Price updated23/02/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeIA2O
R&M World Recovery Z Acc
Initial charge5.25%
Annual charge-
Min single investment£5,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)0.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price1035.21
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeIA2P
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