Fact sheet: RLP Long (15yr) Corporate Bond Pn

Fund information
Fund name
RLP Long (15yr) Corporate Bond Pn
Fund manager company
Royal London
Fund type
Pension Fund
Fund manager
  • Jonathan Plattsince 23/09/2004
No data available.
Fund objective
The fund aims to maximise returns over benchmark for investors with a fifteen year or greater time horizon.The fund invests in long dated, high quality fixed interest investments from companies around the world. The time aspect allows investors to build a pension specific to their attitude to risk and their length of time to retirement.
Benchmark
  • Markit iBoxx Sterling Non Gilts
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
17.1%
1 Year rank in sector
9/118
Sector
PN Sterling Long Bonds
Yield
-
Fund size
£223m (£144m 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.
76
Bid price
244.1
Offer price
257
Top in this sector
Fund name1 Year
OMW IPL Aviva Lg Dtd Corp Bd Pn44.7%
Stan Life L&G Ov15Yr IL GltIdx Pn31.2%
Pru Sup Lg Idx Lkd Pn22.1%
M&G PP Super Long Index Linked Pn22%
OMW M&G PP Lg Dted Corp Bd Pn19.4%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

  • International99.5%
    Money Market0.5%
  • Fixed Interest99.4%
    Cash & Cash Equivalents0.5%
    Others0.1%
  • Global Corporate Fixed Interest99.5%
    Cash & Cash Equivalents0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%4%9.3%17.1%36.9%62.8%
Sector0.7%3.3%7%14.1%40.3%48.5%
Rank within sector20 / 12316 / 1219 / 1209 / 11875 / 1086 / 100
Quartile1st1st1st1st3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund5.1%17.7%-1.3%18.3%1%
Sector3.3%17.7%0%21.3%-4.3%
Rank within sector7 / 12074 / 11896 / 11077 / 1054 / 101
Quartile1st3rd4th3rd1st
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.
-0.36
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.
0.95
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.
0.63
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%.
11.48
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.
4.17
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.
-0.24
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 high253.2
52 week low208.7
Current bid price244.1
Current offer price257
Current mid price-
Region
1International99.5%
2Money Market0.5%
Industry sector
1Fixed Interest99.4%
2Cash & Cash Equivalents0.5%
3Others0.1%
Asset type
1Global Corporate Fixed Interest99.5%
2Cash & Cash Equivalents0.5%
Individual holdings
1TREASURY 4.5% GILT 7/12/42 GBP9.23%
2TREASURY 4.25% GILT 07/03/36 GBP0.018.69%
3ELECTRICITE DE FRANCE 6% 23/01/21141.8%
4INNOGY FINANCE BV 6.25% 03/06/20301.35%
5LLOYDS TSB BANK 6.5% 17/09/20401.33%
6PFIZER INC 6.5% BDS 03/06/38 GBP500001.21%
7AT&T INC 4.875% UNSEC BDS 01/06/44 GBP1000001.18%
8ENEL FINANCE INT 5.75% BDS 14/09/40 GBP14000000001.17%
9WESTERN POWER DISTRIBUTION EAST MID 5.75% NTS 10/12/40 GBP1000001.16%
Management
Fund manager group
Scottish Life
Fund manager company
Royal London
Fund type
Pension Fund
Fund objective
The fund aims to maximise returns over benchmark for investors with a fifteen year or greater time horizon.The fund invests in long dated, high quality fixed interest investments from companies around the world. The time aspect allows investors to build a pension specific to their attitude to risk and their length of time to retirement.
Benchmark
  • Markit iBoxx Sterling Non Gilts
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Jonathan Platt23/09/2004Overall asset allocation is determined by Jonathan Platt. He is supported by RLAM's award-winning Fixed Interest Team. Jonathan brings a wealth of experience and leadership to the Fixed Interest Team at RLAM. He joined the Royal London Group in 1985 and became Head of Fixed Interest in 1992. Jonathan has been instrumental in overseeing the development of the fixed interest process and remains committed to the management of client portfolios. Jonathan has an MA degree in Philosophy, Politics and Economics from Oxford University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
RLP Long (15yr) Corporate Bond 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 price244.1
Offer price257
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOZ14
Data provided by

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