Fact sheet: RLPPC UK Lg Agre BdPn

Fund information
Fund name
RLPPC UK Long Aggregte Bond Pn
Fund manager company
Royal London Pooled Pension
Fund type
Pension Fund
Fund managers
  • Jonathan Plattsince 15/02/2006
  • Paola Binnssince 30/03/2008
No data available.
Fund objective
To outperform its benchmark by 0.95% per annum gross of fees. The UK Long Aggregate Bond Fund (LAG) actively allocates between long-dated UK government and sterling credit bonds. The fund may also invest in index-linked, overseas and sub-investment grade bonds.
Benchmark
  • iBoxx Sterling Over 15 Years Index
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
13.8%
1 Year rank in sector
25/174
Sector
PN Sterling Fixed Interest
Yield
2.2%
Fund size
£137m (£116m 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.
85
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%
  • Government Bonds48.9%
    Structured Products13.9%
    Utilities8.7%
    Property6.4%
    Financial Services4.8%
  • Global Corporate Fixed Interest50.4%
    UK Gilts48.1%
    Global Index Linked0.8%
    Global Government Fixed Interest0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%4%-4.2%13.8%43.9%62.8%
Sector1.2%2.7%-2.3%10.5%26.2%35.5%
Rank within sector10 / 18112 / 179153 / 17825 / 1748 / 1425 / 131
Quartile1st1st4th1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2.2%18.3%-0%23.2%-1.7%
Sector1.1%13.1%-1.2%13.9%-1.7%
Rank within sector15 / 17920 / 17477 / 1528 / 14151 / 134
Quartile1st1st3rd1st2nd
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.
0.11
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.
1.6
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.
0.75
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%.
12.4
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.
5.27
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.
0.85
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.
0.95
Price movement
52 week high249.42
52 week low198.2
Current bid price-
Current offer price-
Current mid price229.61
Region
1UK100%
Industry sector
1Government Bonds48.85%
2Structured Products13.88%
3Utilities8.67%
4Property6.43%
5Financial Services4.82%
6Government Agency Bonds3.85%
7Insurance3.81%
8Telecommunications2.7%
9Real Estate2.17%
Asset type
1Global Corporate Fixed Interest50.38%
2UK Gilts48.14%
3Global Index Linked0.77%
4Global Government Fixed Interest0.71%
Individual holdings
1UK TREASURY 3.75% 22/07/20528.7%
2TREASURY 3.25% GILT 22/01/44 GBP0.018.03%
3TREASURY 3.5% GILT 22/07/68 GBP0.016.72%
4UK TREASURY 3.5% 22/01/20456.04%
5TREASURY 4.25% GILT 07/12/55 GBP0.011.9%
6TREASURY 4% GILT 22/01/60 GBP0.011.76%
7TREASURY 4.5% GILT 7/12/42 GBP1.62%
8TREASURY 4.25% GILT 07/03/36 GBP0.011.58%
9TREASURY 4.25% GILT 07/12/401.57%
Management
Fund manager group
Royal London
Fund manager company
Royal London Pooled Pension
Fund type
Pension Fund
Fund objective
To outperform its benchmark by 0.95% per annum gross of fees. The UK Long Aggregate Bond Fund (LAG) actively allocates between long-dated UK government and sterling credit bonds. The fund may also invest in index-linked, overseas and sub-investment grade bonds.
Benchmark
  • iBoxx Sterling Over 15 Years Index
Investment style
No data available.
Investment method
None
Fund managers
NameSinceBiography
Jonathan Platt15/02/2006Overall asset allocation is determined by Jonathan Platt. He is supported by RLAM's award-winning Fixed Interest Team. Jonathan brings a wealth of experience and leadership to the Fixed Interest Team at RLAM. He joined the Royal London Group in 1985 and became Head of Fixed Interest in 1992. Jonathan has been instrumental in overseeing the development of the fixed interest process and remains committed to the management of client portfolios. Jonathan has an MA degree in Philosophy, Politics and Economics from Oxford University.
Paola Binns30/03/2008Paola 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 UK Long Aggregte Bond Pn
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.37%
Bid price-
Offer price-
Mid price229.609
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeR088
RLPPC UK Long Aggregte Bond Pn Inc
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price199.669
CurrencyGBX
Price updated22/03/2017
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeM3X7
Data provided by

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