Fact sheet: RLP EurCre+(FidelityEurpnBlend)Pn

Fund information
Fund name
RLP Europe Core Plus (Fidelity European Blended) Pn
Fund manager company
Royal London
Fund type
Pension Fund
Fund managers
  • Sam Morsesince 31/03/2011
  • Alberto Chiandettisince 31/03/2016
No data available.
Fund objective
The fund aims to produce investment returns within a range of between 1% and 5% of the FTSE Europe (ex UK) Index.
Benchmark
  • FTSE Europe ex UK
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
18.6%
1 Year rank in sector
300/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£18m (£15m 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.
109
Bid price
175
Offer price
184.3
Top in this sector
Fund name1 Year
SIP Neptune Eurpn Opps Pn48.7%
L&G Neptune European Opps Pn48.1%
Zurich Nept EuroOppsPn48%
Scot Eq Neptune Eur Opps Pn47.9%
OMW Neptune European Opps47.1%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France20.9%
    Switzerland18.3%
    Germany15.5%
    Others11.9%
    Denmark6.9%
  • Health Care19.2%
    Financials17.2%
    Industrials16.1%
    Consumer Goods15.8%
    Consumer Services8.5%
  • French Equities20.9%
    Swiss Equities18.3%
    German Equities15.5%
    International Equities11.9%
    Danish Equities6.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.3%4.4%5.2%18.6%27.5%63.7%
Sector3%6%8.4%22.6%30.5%79.5%
Rank within sector154 / 372340 / 370309 / 370300 / 359250 / 342283 / 316
Quartile2nd4th4th4th3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund3.8%16.2%8.5%-0.7%18%
Sector5.2%15.8%9.4%-0.2%25.6%
Rank within sector338 / 370190 / 359176 / 353208 / 341305 / 330
Quartile4th3rd2nd3rd4th
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.
-0.57
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.
0.94
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.
0.33
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%.
10.8
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.
2.52
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.
-0.41
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.
0.95
Price movement
52 week high178.2
52 week low140.6
Current bid price175
Current offer price184.3
Current mid price-
Region
1France20.9%
2Switzerland18.3%
3Germany15.5%
4Others11.9%
5Denmark6.9%
6Netherlands5.8%
7Belgium4.5%
8Italy4.5%
9Spain4.4%
Industry sector
1Health Care19.2%
2Financials17.2%
3Industrials16.1%
4Consumer Goods15.8%
5Consumer Services8.5%
6Basic Materials6%
7Technology5.6%
8Oil & Gas3.8%
9Utilities2.7%
Asset type
1French Equities20.9%
2Swiss Equities18.3%
3German Equities15.5%
4International Equities11.9%
5Danish Equities6.9%
6Dutch Equities5.8%
7Belgian Equities4.5%
8Italian Equities4.5%
9Spanish Equities4.4%
Individual holdings
1ROCHE HLDG AG4.54%
2SANOFI4.03%
3NOVO NORDISK A/S3.01%
4NESTLE SA2.85%
5SAP SE2.78%
6FRESENIUS MEDICAL CARE AG & CO.KGAA2.26%
7GAM HLDGS AG2.01%
8NOVARTIS AG2.01%
9KBC BANKVERZEKERINGSHOLDING N.V.1.97%
Management
Fund manager group
Scottish Life
Fund manager company
Royal London
Fund type
Pension Fund
Fund objective
The fund aims to produce investment returns within a range of between 1% and 5% of the FTSE Europe (ex UK) Index.
Benchmark
  • FTSE Europe ex UK
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Sam Morse31/03/2011Sam Morse joined M&G in 1997 and is Head of Large Cap Equities. Prior to joining M&G, Sam was responsible for the UK income funds at Fidelity Investments and spent two years with Hoare Govett in New York as an equity salesman for the Far East. Sam graduated from the University of North Carolina at Chapel Hill and holds an MBA from INSEAD.
Alberto Chiandetti31/03/2016Alberto Chiandetti, the portfolio manager, has over 14 years investment research experience. He joined Fidelity in July 2006 as an equity analyst, working from the Milan office and focusing on small and mid cap Italian stocks. He was promoted to portfolio manager in 2008. Prior to joining Fidelity, he spent 8 years working as an equity analyst with Euromobiliare SIM (currently Equita SIM), Italy, where he covered the Italian media, building materials and transport sectors. Alberto has a BSc from the Università Commerciale “L.Bocconi”, Milan and is also a CFA Charterholder. Alberto Chiandetti was awarded the Silver Rating Analyst Award by Morningstar for the FF Italy Fund in 2012.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
RLP Europe Core Plus (Fidelity European Blended) Pn
Initial charge-
Annual charge1.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.17%
Bid price175
Offer price184.3
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKY60
Data provided by

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