Fact sheet: ReAssure AL CF Snca DvrGth Pn

Fund information
Fund name
ReAssure AL CF Seneca Diversified Growth Pn PPB
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • Tom Delicsince 22/05/2016
  • Mark Wrightsince 22/05/2016
Underlying fund
CF Seneca Diversified Growth
Fund objective
The investment objective is to achieve long-term capital growth by investing in balanced and well diversified portfolio of UK and International equities, and fixed interest securities including government and corporate bonds. Investments will also be made in regulated collective investment schemes, money markets and cash deposits to provide further diversification to the Fund in accordance with applicable regulations.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
22.1%
1 Year rank in sector
551/869
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£1m (£1m 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.
60
Bid price
1.839
Offer price
1.936
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn40.5%
Scot Eq Ext Bal Coll (ex MLC) Pn39.4%
Scot Eq Sequel Adventurous Pn38.8%
Scot Eq Sequel Adven Jrny Pn38.8%
ReAssure Combined Managed Pn37.7%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • International40.4%
    Not Specified34%
    UK24.1%
    Money Market1.5%
  • No data available.
  • International Equities40.4%
    Others24.1%
    UK Equities24.1%
    Global Fixed Interest9.9%
    Money Market1.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.6%5.7%7%22.1%19%41.2%
Sector0.3%5.5%4%22%26.6%48.7%
Rank within sector350 / 922527 / 911102 / 910551 / 869634 / 705521 / 608
Quartile2nd3rd1st3rd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund2.9%8.6%6.1%0.1%13.9%
Sector2.1%14.3%2.2%5.7%13.1%
Rank within sector179 / 911740 / 80046 / 753684 / 694341 / 663
Quartile1st4th1st4th3rd
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.
-1.84
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.
0.99
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.
0.27
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%.
8.65
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.
4.96
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.
-0.4
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.
0.66
Price movement
52 week high1.84
52 week low1.52
Current bid price1.84
Current offer price1.94
Current mid price-
Region
1International40.4%
2Not Specified34%
3UK24.1%
4Money Market1.5%
Industry sector
No data available.
Asset type
1International Equities40.4%
2Others24.1%
3UK Equities24.1%
4Global Fixed Interest9.9%
5Money Market1.5%
Individual holdings
1INVESCO PERPETUAL EUROPEAN EQUITY INCOME ACC8.2%
2GOODHART MICHINORI JAPAN EQUITY5.5%
3SOMERSET EM DIVIDEND GROWTH4.5%
4YACKTMAN US EQUITY4.2%
5HALLEY ASIAN PROSPERITY4%
6AJ BELL HOLDINGS LTD3.4%
7ROYAL LONDON STERLING EXTRA YIELD BOND FUND2.9%
8ROYAL LONDON SHORT DURATION GLOBAL HIGH YIELD2.5%
9TWENTYFOUR SELECT MONTHLY INCOME2.4%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The investment objective is to achieve long-term capital growth by investing in balanced and well diversified portfolio of UK and International equities, and fixed interest securities including government and corporate bonds. Investments will also be made in regulated collective investment schemes, money markets and cash deposits to provide further diversification to the Fund in accordance with applicable regulations.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
No data available.
Fund managers
NameSinceBiography
Tom Delic22/05/2016Tom has worked in the investment industry since 2009, after graduating from the University of Liverpool in with a first class degree in Mathematics with Finance. After beginning his career working as an investment analyst for Royal Liver Asset Managers Tom later joined Seneca Investment Managers Limited in October 2011. Tom is responsible for overseas equity research across Seneca IMs investment mandates and research into investment themes. He has been the co-fund manager on the CF Seneca Diversified Growth Fund since May 2016.
Mark Wright22/05/2016Mark began his investment career at Seneca Investment Managers Limited in 2006 after graduating from the University of York with a BSc degree in Economics. He holds the IMC and is a CFA charter holder. Mark is responsible for UK equity research across Seneca IM’s investment mandates. He is also a fund manager of the CF Seneca Diversified Growth Fund, taking over as lead manager in 2016, having been a Co-Fund Manager on the Fund since June 2011.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure AL CF Seneca Diversified Growth Pn PPB
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1.839
Offer price1.936
Mid price-
CurrencyGBP
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQU50
ReAssure AL CF Seneca Diversified Growth Pn PPBR
Initial charge-
Annual charge0.88%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1.882
Offer price1.981
Mid price-
CurrencyGBP
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB6D0
Data provided by

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