Fact sheet: RLP Property Pn

Fund information
Fund name
RLP Property Pn
Fund manager company
Royal London
Fund type
Pension Fund
Fund manager
  • Gareth Dickinsonsince 01/02/2004
No data available.
Fund objective
The fund is designed to outperform its benchmark.
Benchmark
  • ABI UK - UK Direct Property Sector Average
Investment style
No data available.
Investment method
Physical
Quick stats
1 Year return
1.6%
1 Year rank in sector
46/159
Sector
PN UK Direct Property
Yield
-
Fund size
£3,000m (£2,390m 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.
15
Bid price
1003.2
Offer price
1056.1
Top in this sector
Fund name1 Year
Guardian Property Pn15.2%
Guardian Choices Property Pn15.2%
Zurich L&G Property Pn8.1%
OMW IPL Aviva Lm Prp Pn7.4%
FL Property AP5.9%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • Money Market16.9%
    South East UK15.9%
    Outer London15.6%
    South West UK9.3%
    London8.9%
  • Retail32%
    Offices - Property21.8%
    Industrials21.3%
    Money Market17%
    Others7.9%
  • Property83%
    Money Market17%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%0.1%-1.6%1.6%30.7%45.1%
Sector0.7%2.5%-2.4%-1.4%24.6%33.2%
Rank within sector152 / 161144 / 16065 / 15946 / 15940 / 15426 / 149
Quartile4th4th2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund0.9%9.9%16.3%9.3%2.8%
Sector-1.7%9.7%14.3%6.9%1%
Rank within sector42 / 15980 / 15841 / 15436 / 15228 / 149
Quartile2nd3rd2nd1st1st
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.
5.27
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.
0.51
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.
2.41
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%.
2.44
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.
2.4
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.
0.6
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.
0.52
Price movement
52 week high1022.7
52 week low987
Current bid price1003.2
Current offer price1056.1
Current mid price-
Region
1Money Market16.9%
2South East UK15.9%
3Outer London15.6%
4South West UK9.3%
5London8.9%
6Eastern UK7.5%
7Scotland7.3%
8Midlands7.1%
9North West UK5.1%
Industry sector
1Retail32%
2Offices - Property21.8%
3Industrials21.3%
4Money Market17%
5Others7.9%
Asset type
1Property83%
2Money Market17%
Individual holdings
1BATH ROAD SHOPPING PARK3.61%
2SHAFTESBURY AVENUE 2.79%
3FINSBURY PAVEMENT 2.56%
4HAMMERSMITH ROAD2.29%
5MONUMENT STREET 2.25%
6GALLOWS CORNER RETAIL PARK2.17%
7PREMIER INN, YORK ROAD 2.13%
8PREMIER INN, ST MARY-AT-HILL 2.01%
9LONG ACRE 1.96%
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
  • ABI UK - UK Direct Property Sector Average
Investment style
No data available.
Investment method
Physical
Fund manager
NameSinceBiography
Gareth Dickinson01/02/2004Gareth graduated from Birmingham Polytechnic in 1991 with a BSc in Estate Management and completed an MSc in Property Investment at City University. He began his property career in 1993, working as a surveyor and then Asset Manager and Fund Manager at Gerald Eve. During this time, he also became an Associate of the Royal Institute of Chartered Surveyors. Gareth joined RLAM in 1999 as Property Fund Manager for the Scottish Life Unit Linked Fund; a fund that increased under his management to over £1.1bn in size. He was appointed Interim Head of Property in August 2007 and still retains a hands-on approach to a number of funds managed by the wider team.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
RLP Property 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 price1003.2
Offer price1056.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeSO17
Data provided by

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