Fact sheet: RLP Deposit Pn

Fund information
Fund name
RLP Deposit Pn
Fund manager company
Royal London
Fund type
Pension Fund
Fund managers
  • Thomas C Meadesince 31/03/2008
No data available.
Fund objective
The fund is designed to outperform its benchmark.
Benchmark
  • LIBID 7 Day GBP
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
-0.6%
1 Year rank in sector
48/55
Sector
PN Deposit & Treasury
Yield
-
Fund size
£1,196m (£819m 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.
1
Bid price
465.6
Offer price
490.2
Top in this sector
Fund name1 Year
FL GM Cash Pension0.5%
Aviva YP Deposit (CGU) Pn0.5%
Aviva Reserve Pn0.5%
Aviva Deposit Pn0.5%
Pru Ex-DSF Cash Pn0.4%
...more in PN Deposit & Treasury

Performance snapshot

Holdings snapshot

  • Money Market100%
  • Financial Services48.2%
    Government Bills24.8%
    Money Market13.4%
    Mortgage & Secured Bonds11.8%
    Others1.8%
  • Money Market100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0%-0.2%-0.3%-0.6%-1.5%-2.3%
Sector-0%-0%-0.1%-0.1%-0.2%-0.4%
Rank within sector42 / 5545 / 5546 / 5548 / 5546 / 5043 / 48
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-0.1%-0.5%-0.5%-0.5%-0.5%
Sector-0%-0.1%-0%-0.1%-0.2%
Rank within sector52 / 5546 / 5547 / 5443 / 5042 / 49
Quartile4th4th4th4th4th
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.
-0.46
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.
0.56
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.
-
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%.
0.05
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.
0.05
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.
-8.86
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.
0.06
Price movement
52 week high468.3
52 week low465.6
Current bid price465.6
Current offer price490.2
Current mid price-
Region
1Money Market100%
Industry sector
1Financial Services48.2%
2Government Bills24.8%
3Money Market13.4%
4Mortgage & Secured Bonds11.8%
5Others1.8%
Asset type
1Money Market100%
Individual holdings
1BANK OF ENGLAND36.9%
2HSBC BANK PLC7.6%
3LLOYDS BANK PLC7.1%
4SANTANDER UK PLC4.1%
5NORDEA BANK AB3.5%
6 BANK TOKYO MITSUBISHI UFJ3%
7SUMITOMO MITSUI BANKING CORPORATION2.9%
8NATIONWIDE BUILDING SOCIETY 3.875% CVD BDS 05/12/13 EUR2.6%
9CREDIT AGRICOLE CIB2.5%
Management
Fund manager group
Scottish Life
Fund manager company
Royal London
Fund type
Pension Fund
Fund objective
The fund is designed to outperform its benchmark.
Benchmark
  • LIBID 7 Day GBP
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Thomas C Meade31/03/2008Tom joined Royal London Asset Management in 2001 and is the Investment Director of RLAM’s cash management business, overseeing all aspects of the business, including investments, client services and operations. With over 35 years of money market experience Tom’s career began when he joined the Union Group in 1978. In 1987 he helped set up Union’s cash management business and was appointed Investment Director in 1991. Tom is a graduate of the University of Durham.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
RLP Deposit Pn
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price465.6
Offer price490.2
Mid price-
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSO10
Data provided by

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