Fact sheet: RLP UK Government Bond Pn

Fund information
Fund name
RLP UK Government Bond Pn
Fund manager company
Royal London
Fund type
Pension Fund
Fund managers
  • Paul Raynersince 26/03/2010
  • Craig Inchessince 26/03/2010
Underlying fund
Royal London UK Government Bd
Fund objective
The fund seeks to achieve a combination of income and capital growth over the medium (5 years) to long (7 years) term.
  • FTSE - A British Government All Stocks Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
1 Year rank in sector
PN UK Gilts
Fund size
£8m (£7m 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.
Bid price
Offer price
Top in this sector
Fund name1 Year
SSgA MPF Idx Lk Gilts >5yrs Net Pn27.1%
FL TMLgGltTra EP20.7%
AXA Wealth Teams Act UK Lg Glts Pn19.9%
AEGON UK Long Gilt Pn18.7%
Zurich Long Dated Gilt Pn18.3%
...more in PN UK Gilts

Performance snapshot

Holdings snapshot

  • UK100%
  • Government Bonds88%
    Index Linked9.6%
    Government Agency Bonds2%
    Financial Services0.4%
  • UK Gilts86.9%
    Global Index Linked9.6%
    Global Corporate Fixed Interest2.4%
    Global Government Fixed Interest1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector98 / 178113 / 178118 / 178110 / 17892 / 16970 / 155
Calendar performance
 YTD - 20162015201420132012
Rank within sector114 / 17873 / 175109 / 17045 / 16486 / 155
Risk statistics
?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.
?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.
?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.
?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%.
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.
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.
?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.
Price movement
52 week high143
52 week low122.7
Current bid price135.1
Current offer price142.2
Current mid price-
Industry sector
1Government Bonds88%
2Index Linked9.6%
3Government Agency Bonds2%
4Financial Services0.4%
Asset type
1UK Gilts86.9%
2Global Index Linked9.6%
3Global Corporate Fixed Interest2.4%
4Global Government Fixed Interest1.1%
Individual holdings
1UK TREASURY 1% 07/09/20177.8%
2TREASURY 1.75% GILT 22/01/17 GBP0.016.8%
3TREASURY 1.25% IDX-LKD GILT 22/11/17 GBP0.015.5%
4TREASURY 2% GILT 07/09/25 GBP0.014.8%
5TREASURY 4.25% GILT 07/12/55 GBP0.014.6%
6TREASURY 5% GILT 07/03/18 GBP4.4%
7TREASURY 3.75% GILT 07/09/21 GBP3.9%
8TREASURY 4.75% GILT 07/12/30 GBP3.5%
9TREASURY 2% GILT 22/07/20 GBP0.013.4%
Fund manager group
Scottish Life
Fund manager company
Royal London
Fund type
Pension Fund
Fund objective
The fund seeks to achieve a combination of income and capital growth over the medium (5 years) to long (7 years) term.
  • FTSE - A British Government All Stocks Index
Investment style
No data available.
Investment method
No data available.
Fund managers
Paul Rayner26/03/2010Paul 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.
Craig Inches26/03/2010Craig 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.
UCITS IV Compliant
No data available.
Fund for sale in
United Kingdom
RLP UK Government 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 price135.1
Offer price142.2
Mid price-
Price updated27/10/2016
Institutional or retail classRetail
Citi codeINN0
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