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
24.8%
1 Year rank in sector
174/842
Sector
PN UK All Companies
Yield
-
Fund size
£2m (£3m 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.
103
Bid price
113.2
Offer price
119.2
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn62.6%
Fidelity UBS UK Select Pn39.3%
Halifax IM UK Growth Pn39%
CM UBS UK Opportunities Pension38.7%
Pru M&G Recovery Pn38.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK89.9%
    Money Market4.7%
    Ireland4.2%
    Australia1.1%
  • Financials23.6%
    Consumer Goods16%
    Oil & Gas13.8%
    Industrials13.1%
    Health Care8.3%
  • UK Equities90.7%
    Irish Equities4.6%
    Money Market3.6%
    Australian Equities1.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%7.2%6.9%24.8%2.6%34.3%
Sector2.2%6.7%6.8%19.9%16.4%55.8%
Rank within sector534 / 870383 / 868454 / 861174 / 842770 / 807722 / 762
Quartile3rd2nd3rd1st4th4th
Calendar performance
 YTD - 20172016201520142013
Fund3.1%16.3%-5.7%-7.3%24.7%
Sector2.9%10.2%4.4%0.6%24.2%
Rank within sector394 / 868114 / 843820 / 830776 / 805359 / 785
Quartile2nd1st4th4th2nd
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.
-3.85
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%.
11.08
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.
4.1
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.
-0.88
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 high113.6
52 week low88.7
Current bid price113.2
Current offer price119.2
Current mid price-
Region
1UK89.88%
2Money Market4.74%
3Ireland4.24%
4Australia1.14%
Industry sector
1Financials23.59%
2Consumer Goods16.05%
3Oil & Gas13.77%
4Industrials13.12%
5Health Care8.25%
6Telecommunications7.02%
7Consumer Services5.32%
8Money Market4.74%
9Basic Materials4.67%
Asset type
1UK Equities90.74%
2Irish Equities4.56%
3Money Market3.63%
4Australian Equities1.07%
Individual holdings
1BP6.7%
2ROYAL DUTCH SHELL6.51%
3HSBC HLDGS6.21%
4BRITISH AMERICAN TOBACCO5.4%
5LLOYDS BANKING GROUP PLC4.63%
6DIAGEO4.49%
7VODAFONE GROUP PLC3.88%
8RIO TINTO3.52%
9BARCLAYS PLC3.4%
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 price113.2
Offer price119.2
Mid price-
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKZ87
Data provided by

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