Fact sheet: ReAssure AL AI UK EqMt NeuPn

Fund information
Fund name
ReAssure AL Absolute Insight UK Equity Market Neutral Pn IP
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • David Headlandsince 22/08/2010
  • Iain Brownsince 28/07/2002
  • Gareth Jenkinssince 11/05/2014
  • Matthew Cookesince 30/09/2009
  • Andrew Cawkersince 21/04/2003
  • Richard Howarthsince 30/04/2004
Underlying fund
Abs Insight EqMktNeut
Fund objective
The investment objective of the Fund is to provide attractive, positive, absolute returns in all market conditions.
Benchmark
  • LIBID GBP 3 month
Investment style
Absolute Return
Investment method
No data available.
Quick stats
1 Year return
-0.2%
1 Year rank in sector
441/513
Sector
PN Specialist
Yield
-
Fund size
£0m
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.
8
Bid price
0.998
Offer price
1.051
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus39.8%
ReAssure AL NptRu&GtrRus Pn39.2%
L&G Nep Russia&Gtr Russia Pn39%
Scot Eq JPM Emg Eur Eq Pn36.3%
OMW InvescoPerpetualEmgEurpn34.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • France1.8%
    USA1.5%
    Italy1.1%
    Netherlands0.8%
    Belgium0.5%
  • Information Technology2.2%
    Financials1.9%
    Health Care1.1%
    Materials0.9%
    Telecommunications Utilities0.7%
  • Money Market69%
    Cash & Cash Equivalents23%
    Equities7.4%
    Alternative Investment Strategies0.6%
    Futures0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%0.4%0.1%-0.2%-0.5%3.2%
Sector-0.9%-0.9%6%8.2%20.2%40.8%
Rank within sector115 / 546137 / 544433 / 531441 / 513358 / 386290 / 317
Quartile1st2nd4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-0.6%0.4%-0.5%1.1%2.5%
Sector8.2%2%7.2%11%7.7%
Rank within sector451 / 514293 / 450369 / 388297 / 357274 / 318
Quartile4th3rd4th4th4th
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.
0.27
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.
-0.05
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%.
1.25
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.
6.38
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.
-0.94
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.
0.06
Price movement
52 week high1.01
52 week low0.99
Current bid price1
Current offer price1.05
Current mid price-
Region
1France1.79%
2USA1.55%
3Italy1.12%
4Netherlands0.78%
5Belgium0.5%
6Ireland0.44%
7Sweden0.35%
8Germany0.29%
9Austria0.12%
Industry sector
1Information Technology2.16%
2Financials1.95%
3Health Care1.13%
4Materials0.88%
5Telecommunications Utilities0.69%
6Energy-0.11%
7Consumer Staples-0.14%
8Utilities-0.47%
9Consumer Discretionary-0.98%
Asset type
1Money Market68.97%
2Cash & Cash Equivalents23%
3Equities7.41%
4Alternative Investment Strategies0.56%
5Futures0.05%
Individual holdings
1INSIGHT ILF GBP LIQUIDITY C28.87%
2CP AGENCE CENTRAL DE3.6%
3CP FMS WERTMANAGEMEN3.6%
4ZERO COUPON CD SUMIT3.6%
5NORDEA BANK AB 0.66% CT OF DEP 07/12/16 GBP13.45%
6BNP PARIBAS 0.3% CT OF DEP 03/01/17 GBP13.44%
7CP REGIE AUTONOME DE3.06%
8CD MITSUBISHI UFJ TR2.7%
9DEXIA CREDIT LOCAL - (ST) GTD2.7%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The investment objective of the Fund is to provide attractive, positive, absolute returns in all market conditions.
Benchmark
  • LIBID GBP 3 month
Investment style
Absolute Return
Investment method
No data available.
Fund managers
NameSinceBiography
David Headland22/08/2010David joined Insight in 2002 as a portfolio manager within the European equity team. He has particular expertise in telecommunications and southern European markets, developed whilst at Morley Fund Management where he was a highly successful European portfolio manager. David began his career with Norwich Union in 1998, specialising in European markets. He graduated from Leeds University and holds a BA honours degree in Economics and is an Associate Member of the UK Society of Investment Professionals.
Iain Brown28/07/2002Iain joined the UK equity team at Insight in July 2002 and is responsible for the management of UK equity long / short portfolios. Before joining Insight, he spent six years at Norwich Union Investment Management, latterly as Head of Institutional Investment. Prior to this he spent eight years at CIN / Goldman Sachs as a portfolio manager. Iain began his career as an investment analyst with Credit Lyonnais in 1987 following a number of short-term roles, including two years with stockbroker, Charlton Seal. Iain holds a MA degree in Geography from Fitzwilliam College, Cambridge University.
Gareth Jenkins11/05/2014
Matthew Cooke30/09/2009Matthew joined Insight in September 2005 as a graduate trainee and completed rotations in fixed income before joining the equity team in 2005 as a UK investment analyst. He became a UK small cap portfolio manager in 2007 before transitioning to focus on absolute return in 2009. Matthew holds a BSc honours degree in Economics with Accounting from Loughborough University, as well as the Investment Management Certificate from the CFA Society of the UK. He is a CFA charterholder.
Andrew Cawker21/04/2003Andrew joined the UK equity team at Insight in April 2003 and is responsible for the management of UK equity long / short portfolios. Prior to Insight, Andrew was an Associate Partner at Invesco Global Asset Management (Amvescap plc) where he was involved in developing specialist UK equity business alongside the management of a range of UK and global equity portfolios. He was also responsible for pan-European analysis for the retail, food, beverages and tobacco sectors. Andrew began his investment career at Prudential Portfolio Managers in 1988, ultimately becoming a Director, with responsibility for UK equities. He holds a BA honours degree in Business Studies from the City of London Polytechnic.
Richard Howarth30/04/2004Richard joined the UK equity team at Insight in January 2002 and is responsible for the management of UK equity long/short portfolios. Prior to joining Insight, he held a fund management role at Brewin Dolphin for five years. He began his career as trainee portfolio manager with Capel-Cure Myers Capital in 1994. Richard holds a BA honours degree in Economics from the University of Nottingham and is an Associate Member of the UK Society of Investment Professionals.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure AL Absolute Insight UK Equity Market Neutral Pn IP
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price0.998
Offer price1.051
Mid price-
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGQE7
ReAssure AL Absolute Insight UK Equity Market Neutral Pn PPB1
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price0.991
Offer price1.043
Mid price-
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGQE6
ReAssure AL Absolute Insight UK Equity Market Neutral Pn RA
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1.016
Offer price1.07
Mid price-
CurrencyGBP
Price updated05/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGQE5
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