Fact sheet: RLP M&G Global Dividend Pn

Fund information
Fund name
RLP M&G Global Dividend Pn
Fund manager company
Royal London
Fund type
Pension Fund
Fund managers
  • John Weaverssince 01/01/2016
  • Alex Araujosince 31/03/2016
  • Stuart Rhodessince 17/07/2008
Underlying fund
M&G Global Dividend
Fund objective
The fund invests globally in the shares of companies with the potential to grow their dividends over the long term. Its aim is to deliver a yield above the market average and grow distributions over the long term, whilst also maximising total return.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
33.7%
1 Year rank in sector
9/961
Sector
PN Global Equities
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.
120
Bid price
132.1
Offer price
139.1
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn38.2%
RLP Dimensional Gbl Targeted Val Pn36.5%
Stan Life M&G Global Dividend Pn34.9%
Aviva Sch Gbl Eq Inc Pn34.8%
OMW IPL M&G Global Dividend Pn34.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA53.6%
    UK14.2%
    Canada11.4%
    Australia4.8%
    Denmark2.7%
  • Financials17.2%
    Consumer Discretionary15.1%
    Materials14.2%
    Consumer Staples12.6%
    Health Care12.2%
  • US Equities53.6%
    UK Equities14.2%
    Canadian Equities11.4%
    Australian Equities4.8%
    Danish Equities2.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.8%8%21.5%33.7%29.5%-
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector122 / 103951 / 103573 / 10259 / 961602 / 849-
Quartile1st1st1st1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund34.4%-7.7%2.1%--
Sector18.7%3.7%7.8%21.4%11.2%
Rank within sector6 / 963899 / 921773 / 849--
Quartile1st4th4th
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.
-3.08
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.
1.14
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.
0.34
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%.
12.89
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.
5.83
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.
-0.33
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.
0.8
Price movement
52 week high134
52 week low89
Current bid price132.1
Current offer price139.1
Current mid price-
Region
1USA53.56%
2UK14.25%
3Canada11.41%
4Australia4.83%
5Denmark2.72%
6Switzerland2.58%
7Money Market2.48%
8Finland2.3%
9South Africa2.27%
Industry sector
1Financials17.17%
2Consumer Discretionary15.08%
3Materials14.2%
4Consumer Staples12.57%
5Health Care12.23%
6Energy11.81%
7Information Technology11.16%
8Industrials3.3%
9Money Market2.48%
Asset type
1US Equities53.56%
2UK Equities14.25%
3Canadian Equities11.41%
4Australian Equities4.83%
5Danish Equities2.72%
6Swiss Equities2.58%
7Money Market2.48%
8Finnish Equities2.3%
9South African Equities2.27%
Individual holdings
1METHANEX CORP7.4%
2BRITISH AMERICAN TOBACCO6.65%
3LAS VEGAS SANDS CORP5.08%
4BROADCOM CORP4.38%
5GIBSON ENERGY INC4.19%
6PEMBINA PIPELINE CORP4.04%
7WELLS FARGO & CO3.84%
8MICROSOFT CORP3.77%
9GALLAGHER (ARTHUR J) & CO3.66%
Management
Fund manager group
Scottish Life
Fund manager company
Royal London
Fund type
Pension Fund
Fund objective
The fund invests globally in the shares of companies with the potential to grow their dividends over the long term. Its aim is to deliver a yield above the market average and grow distributions over the long term, whilst also maximising total return.
Benchmark
  • MSCI AC World
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
John Weavers01/01/2016John Weavers has been the manager of the M&G North American Dividend Fund since April 2015. In January 2016, he was appointed deputy fund manager of the M&G Global Dividend Fund before being joined by Alex Araujo as co-deputy fund manager in April 2016. Prior to April 2015, John was deputy manager of the M&G Pan European Dividend Fund and the M&G Dividend Fund for two years. John joined M&G as a graduate in 2007 and worked as an analyst in the Equity Research team before joining the Income team in January 2012. He graduated from Oxford University with an honours degree in politics, philosophy and economics and is a CFA charterholder.
Alex Araujo31/03/2016Alex Araujo was appointed co-deputy fund manager of the M&G Global Dividend Fund in April 2016. Alex joined M&G in July 2015 as an embedded analyst with the Income team and has more than 20 years of experience in the financial markets. He was previously at Bank of Montreal where he specialised in US and Canadian equities. Alex graduated from the University of Toronto with an MA in economics and is a CFA charterholder.
Stuart Rhodes17/07/2008Stuart Rhodes has been the manager of the M&G Global Dividend Fund since its launch in July 2008. He was appointed deputy manager of the M&G North American Dividend Fund in April 2015. Stuart joined M&G in 2004 as a global equity analyst after graduating from Bath University with a degree in business administration. He is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
RLP M&G Global Dividend Pn
Initial charge-
Annual charge1.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.86%
Bid price132.1
Offer price139.1
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeIAZV
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