Fact sheet: RLP UKEqCre+(SchroderCreUKEq)Pn

Fund information
Fund name
RLP UK Equity Core Plus (Schroder Core UK Equity) Pn
Fund manager company
Royal London
Fund type
Pension Fund
Fund managers
  • Michael Barakossince 30/03/2006
  • Chris Complinsince 30/03/2006
Underlying fund
Schroder Core UK Equity
Fund objective
The fund aims to produce investment returns within a range of between 1% and 5% of the FTSE All Share Index.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
15.4%
1 Year rank in sector
70/845
Sector
PN UK All Companies
Yield
-
Fund size
£2m (£4m 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.
101
Bid price
107.2
Offer price
112.9
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn50.2%
Fidelity UBS UK Select Pn31.2%
Halifax IM UK Growth Pn30.9%
CM UBS UK Opportunities Pension30.7%
SW UBS UK Opps Pn30.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK91.8%
    Ireland4.2%
    Money Market3.2%
    Australia0.8%
  • Financials21.4%
    Consumer Goods14.8%
    Oil & Gas13.4%
    Industrials12.9%
    Health Care12.3%
  • UK Equities91.6%
    Irish Equities4%
    Money Market3.6%
    Australian Equities0.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.8%0.8%11.4%15.4%2.7%38.1%
Sector2.1%0.1%7.1%8.2%16.6%60%
Rank within sector247 / 867290 / 864103 / 86370 / 845782 / 807714 / 758
Quartile2nd2nd1st1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund13.6%-5.7%-7.3%24.7%13.2%
Sector7.1%4.4%0.6%24.2%15.4%
Rank within sector84 / 845823 / 833779 / 808361 / 787376 / 760
Quartile1st4th4th2nd2nd
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.
-4.53
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.
1.06
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%.
11.06
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.
4.07
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.
-1.07
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.
0.87
Price movement
52 week high110.5
52 week low83.8
Current bid price107.2
Current offer price112.9
Current mid price-
Region
1UK91.75%
2Ireland4.23%
3Money Market3.18%
4Australia0.84%
Industry sector
1Financials21.37%
2Consumer Goods14.79%
3Oil & Gas13.4%
4Industrials12.9%
5Health Care12.33%
6Telecommunications7.51%
7Consumer Services6.38%
8Basic Materials3.42%
9Money Market3.18%
Asset type
1UK Equities91.58%
2Irish Equities3.96%
3Money Market3.63%
4Australian Equities0.83%
Individual holdings
1HSBC HLDGS6.8%
2ROYAL DUTCH SHELL6.32%
3BP6.05%
4BRITISH AMERICAN TOBACCO5.11%
5LLOYDS BANKING GROUP PLC4.08%
6VODAFONE GROUP PLC3.9%
7ASTRAZENECA PLC3.86%
8BT GROUP3.61%
9DIAGEO3.42%
Management
Fund manager group
Scottish Life
Fund manager company
Royal London
Fund type
Pension Fund
Fund objective
The fund aims to produce investment returns within a range of between 1% and 5% of the FTSE All Share Index.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Michael Barakos30/03/2006Michael Barakos joined JP Morgan Asset Management as an investment analyst in 1999, having earned a bachelor’s degree in economics from the London School of Economics. He was appointed European investment manager in 2000 and currently co-manages a variety of funds, applying a bottom-up investment style to the UK-domiciled JPM UK Equity and JPM UK Strategic Value funds and the Luxembourg-domiciled JPM Europe Strategic Value and JPM Europe Strategic Growth funds. Born in 1977, Barakos gained early experience of the financial world by working as a risk management accountant for the European Bank for Reconstruction and Development’s treasury department from 1995 to 1996. He followed this with internships at Sigma Securities in Athens and at Deutsche Asset Management before joining JP Morgan. Away from the office he is a keen tennis player and follows the fortunes of Liverpool football Club.
Chris Complin30/03/2006Chris Complin is Chief Investment Officer of the JPMorgan Asset Management European Equity Group. An employee since 1998, Christopher still manages money and is responsible for the management of European and UK large cap and style funds. Prior to this, he was responsible for quantitative analysis in the European Equity Group. Chris obtained a B.Sc. in Biology from Kings College, University of London and an M.Sc. in Experimental Psychology from the University of Sussex and a Ph.D. in Artificial Intelligence from the University of Birmingham. He is a CFA charter holder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
RLP UK Equity Core Plus (Schroder Core UK Equity) Pn
Initial charge-
Annual charge1.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.87%
Bid price107.2
Offer price112.9
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKZ87
Data provided by

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