Fact sheet: RLP BMF Defensive Income Pn

Fund information
Fund name
RLP BMF Defensive Income Pn
Fund manager company
Royal London
Fund type
Pension Fund
Fund managers
  • Mark Shieldssince 30/06/2011
  • Jim Mackiesince 01/11/2015
  • Jonathan Webster-Smithsince 27/06/2011
Underlying fund
IFSL Brooks Macdonald DI
Fund objective
To generate income over the long term by gaining an exposure to a defensive mix of assets.
Benchmark
  • IA Mixed Investment (0-35% Shares) Sector Average
Investment style
Cautious,Growth
Investment method
Equity, Fixed Interest
Quick stats
1 Year return
8.4%
1 Year rank in sector
459/486
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£0m
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.
34
Bid price
119.5
Offer price
125.8
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn46.4%
OMW IPL F&COs EqLnkUKInflPn40.9%
AXA Wealth TEAMS cl Gvn ptfl VPn35.7%
AXA Wealth TEAMS cl Gvn ptfl IVPn33.2%
Aegon Dynamic Lifestyle 2023 (RR)Pn32.6%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK34.9%
    International32.5%
    Not Specified22.3%
    Money Market8%
    USA2.3%
  • No data available.
  • UK Fixed Interest21.4%
    Global Fixed Interest20.4%
    UK Equities13.5%
    International Equities12.1%
    Hedge11.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%3.2%1.5%8.4%10.5%-
Sector1.3%4.2%2.4%15.7%20.9%39.2%
Rank within sector446 / 537433 / 529389 / 527459 / 486370 / 404-
Quartile4th4th3rd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.4%4.6%0.6%4.4%7%
Sector1.5%11.8%1.3%6%8.3%
Rank within sector328 / 530439 / 461277 / 423265 / 397294 / 379
Quartile3rd4th3rd3rd4th
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.
-1.45
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.
0.76
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
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%.
4.35
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.
2.04
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.
-1.43
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.
0.86
Price movement
52 week high119.5
52 week low110.1
Current bid price119.5
Current offer price125.8
Current mid price-
Region
1UK34.9%
2International32.49%
3Not Specified22.29%
4Money Market8.01%
5USA2.31%
Industry sector
No data available.
Asset type
1UK Fixed Interest21.39%
2Global Fixed Interest20.4%
3UK Equities13.51%
4International Equities12.09%
5Hedge11.75%
6Money Market8.01%
7Structured Products5.42%
8Property5.12%
9US Equities2.31%
Individual holdings
1FIDELITY MONEYBUILDER INCOME Y GR DIS GBP7.59%
2ARTEMIS STRATEGIC BOND I MONTHLY INC6.99%
3ROYAL LONDON STERLING CREDIT Z GRS INC6.6%
4JUPITER DYNAMIC BOND I HSC Q INC GBP5.47%
5IFSL BROOKS MACDONALD DEFENSIVE CAPITAL C5.42%
6AVIVA INV MULTI STRATEGY TARGET INCOME 25.39%
7L&G DYNAMIC BOND TRUST X GR INC5.37%
8NB SHORT DURATION HIGH YIELD BOND INST INC GBP5.21%
9LAZARD GLOBAL ACTIVE GLOBAL LISTED INFRASTRUCTURE EQUITY GBP4.81%
Management
Fund manager group
Scottish Life
Fund manager company
Royal London
Fund type
Pension Fund
Fund objective
To generate income over the long term by gaining an exposure to a defensive mix of assets.
Benchmark
  • IA Mixed Investment (0-35% Shares) Sector Average
Investment style
Cautious,Growth
Investment method
Equity, Fixed Interest
Fund managers
NameSinceBiography
Mark Shields30/06/2011Mark joined Brooks Macdonald in January 2007 and currently co-manages the Balanced, Cautious Growth, Defensive Income and Strategic Growth Funds. Mark specialises in UK collective funds and also assists Jonathan Webster-Smith with management of the Managed Portfolio Service. He has a BSc from University College London.
Jim Mackie01/11/2015
Jonathan Webster-Smith27/06/2011Jonathan joined Brooks Macdonald in 2001 and manages bespoke discretionary portfolios on behalf of a range of clients. He is the lead manager of our Managed Portfolio Service, Multi-Asset Fund range and Levitas Funds. He is also a member of our asset allocation committee. Jonathan is a Chartered Member of the Chartered Institute for Securities & Investment (Chartered MCSI). Jonathan sits on our fixed interest research team.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
RLP BMF Defensive Income Pn
Initial charge-
Annual charge1.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.31%
Bid price119.5
Offer price125.8
Mid price-
CurrencyGBX
Price updated20/02/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeG1GI
Data provided by

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