Fact sheet: RLP Short (5yr) Gilt Pn

Fund information
Fund name
RLP Short (5yr) Gilt Pn
Fund manager company
Royal London
Fund type
Pension Fund
Fund managers
  • Craig Inchessince 31/12/2014
  • Paul Raynersince 30/04/2005
No data available.
Fund objective
The fund aims to maximise returns over benchmark for investors with a five year time horizon.
Benchmark
  • FTSE British Gov Up to 5 years
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
2.5%
1 Year rank in sector
170/178
Sector
PN UK Gilts
Yield
-
Fund size
£283m (£32m 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.
19
Bid price
158.1
Offer price
166.5
Top in this sector
Fund name1 Year
SSgA MPF Idx Lk Gilts >5yrs Net Pn17.2%
AEGON UK Long Gilt Pn13.4%
AXA Wealth Teams Act UK Lg Glts Pn13.3%
Zurich Long Dated Gilt Pn12.3%
FL TMLgGltTra EP12.2%
...more in PN UK Gilts

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-2.5%0.4%2.5%7.9%9.6%
Sector-1.6%-7.5%2.2%6.4%20%20.9%
Rank within sector5 / 1792 / 178171 / 178170 / 178163 / 170145 / 155
Quartile1st1st4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund2.9%0.2%5.9%-3.3%1.8%
Sector7.8%-0.3%13.3%-4.8%2.3%
Rank within sector173 / 17866 / 175169 / 1709 / 16485 / 155
Quartile4th2nd4th1st3rd
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.
0.01
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.
0.4
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
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%.
3.09
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.
4.48
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.
-0.79
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.
0.89
Price movement
52 week high162.8
52 week low153.6
Current bid price158.1
Current offer price166.5
Current mid price-
Region
1UK99.7%
2Money Market0.3%
Industry sector
1AA99.7%
2Money Market0.3%
Asset type
1UK Gilts99.7%
2Cash & Cash Equivalents0.3%
Individual holdings
1TREASURY 1% GILT 07/09/17 GBP0.0112.04%
2TREASURY 5% GILT 07/03/18 GBP11.02%
35% TREASURY STOCK 20258.01%
4TREASURY 3.75% GILT 07/09/21 GBP7.94%
5TREASURY 3.75% GILT 7/9/20 GBP0.017.93%
6TREASURY 4.75% GILT 07/12/30 GBP7.03%
7TREASURY 4.75% GILT 20205.91%
8TREASURY 3.75% GILT 07/09/19 GBP0.015.13%
9TREASURY 1.75% GILT 22/01/17 GBP0.014.46%
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 five year time horizon.
Benchmark
  • FTSE British Gov Up to 5 years
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Craig Inches31/12/2014Craig joined RLAM in January 2009 as a fund manager with the fixed interest team. He is responsible for the management of government bond portfolios including index-linked bonds, gilts and non UK sovereign debt. Craig joined RLAM after an 11 year career at Scottish Widows Investment Partnership (SWIP) where he was Fixed Income Investment Director. At SWIP, Craig built up a strong track record across a wide range of fixed income funds. Craig has an MSc in Investment Analysis from Stirling University and a BSc (Hons) in Actuarial Mathematics and Statistics from Heriot-Watt University.
Paul Rayner30/04/2005Paul Rayner is Head of Government Bonds at RLAM and works closely with Government Bond Fund Manager Craig Inches. He is supported by a skilled and experienced team of specialist investors across all disciplines employed within the fund. Paul joined RLAM in June 2005 from SG Asset Management where he was Head of UK Bonds. Paul has over 25 years experience in managing UK and global government bonds and is a graduate in Economics from the University of Kent.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
RLP Short (5yr) Gilt 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 price158.1
Offer price166.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeOZ22
Data provided by

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