Fact sheet: RLPPC Ov 5 Yr Corp Bd

Fund information
Fund name
RLPPC Over 5 Year Corporate Bond Pn
Fund manager company
Royal London Pooled Pension
Fund type
Pension Fund
Fund managers
  • Paola Binnssince 02/07/2007
No data available.
Fund objective
The Fund aims to achieve +0.5% net (+0.80% gross) per annum, on a rolling three year basis.
Benchmark
  • iBoxx Sterling Non-Gilt Over five year Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.4%
1 Year rank in sector
32/174
Sector
PN Sterling Fixed Interest
Yield
4.4%
Fund size
£380m (£344m 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.
49
Top in this sector
Fund name1 Year
OMW IPL F&C Sht Pr Rl Dn LDI Pn51.3%
OMW IPL F&C Real Dynamic LDI Pn50%
OMW IPL F&C Nominal Dyn LDI Pn34.6%
OMW IPL LGIM 2055IdxLkdGltPn24.8%
OMW IPL LGIMOvr15Yr I LGltPn23.3%
...more in PN Sterling Fixed Interest

Performance snapshot

Holdings snapshot

  • UK100%
  • Structured Products27.1%
    Utilities15%
    Financial Services14.6%
    Property8.6%
    Insurance7.8%
  • Global Corporate Fixed Interest99.8%
    Global Government Fixed Interest0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%3.5%-1%12.4%30.2%61.4%
Sector1.2%2.7%-2.3%10.5%26.2%35.5%
Rank within sector55 / 18116 / 17930 / 17832 / 17429 / 1428 / 131
Quartile2nd1st1st1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2.4%12.9%0.5%16.1%2.3%
Sector1.1%13.1%-1.2%13.9%-1.7%
Rank within sector10 / 17941 / 17440 / 15232 / 1419 / 134
Quartile1st1st2nd1st1st
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.
1.43
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.
0.96
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.
0.74
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%.
7.72
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.
2.54
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.
0.43
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 high239.59
52 week low207.28
Current bid price-
Current offer price-
Current mid price233.38
Region
1UK100%
Industry sector
1Structured Products27.09%
2Utilities15.02%
3Financial Services14.61%
4Property8.61%
5Insurance7.83%
6Mortgage & Secured Bonds5.99%
7Real Estate4.91%
8Telecommunications4.62%
9Consumer Services4.27%
Asset type
1Global Corporate Fixed Interest99.83%
2Global Government Fixed Interest0.16%
Individual holdings
1INNOGY FINANCE BV 6.125% 06/07/20391.19%
2LLOYDS BANK PLC 6% 08/02/20291.17%
3COMMONWEATH BANK OF AUSTRALIA 3% 20261.06%
4CITIGROUP INC 7.375% BDS 01/09/39 GBP500000.99%
5PRUDENTIAL PLC 5.7% DATED TIER 2 NTS 19/12/63 GBP1000000.93%
6ANNINGTON FINANCE NO 4 0% BDS 7/12/2022 GBP100000.92%
7ABBEY NATIONAL TREASURY 5.75% 02/03/20260.89%
8FRESH 1997 8.368% 04/10/58 (1-A1)0.88%
9CO-OPERATIVE BANK 4.75% GBL CVD BDS 11/11/21 GBP 2011-10.86%
Management
Fund manager group
Royal London
Fund manager company
Royal London Pooled Pension
Fund type
Pension Fund
Fund objective
The Fund aims to achieve +0.5% net (+0.80% gross) per annum, on a rolling three year basis.
Benchmark
  • iBoxx Sterling Non-Gilt Over five year Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Paola Binns02/07/2007Paola Binns is a Senior Fund Manager within the Fixed Income team. She joined Royal London in 2007 from Credit Suisse Asset Management and has over 20 years' investment experience.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
RLPPC Over 5 Year Corporate Bond Pn
Initial charge-
Annual charge0.3%
Min single investment£500,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.3%
Bid price-
Offer price-
Mid price233.379
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA4P5
Data provided by

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