Fact sheet: ReAssure AL CFMt CuMuAsPn

Fund information
Fund name
ReAssure AL CF Miton Cautious Multi Asset Pn PPB
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • Anthony Raynersince 01/12/2014
  • David Janesince 08/06/2014
Underlying fund
CF Miton Cautious Multi Asset
Fund objective
The objective of the fund is to provide long term capital growth by investing in a portfolio of other authorised funds, worldwide equities, fixed interest stocks, cash and money market instruments.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
Mixed
Quick stats
1 Year return
5.3%
1 Year rank in sector
314/462
Sector
PN Mixed Investment 20%-60% 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.
54
Bid price
1.975
Offer price
2.079
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn19.6%
AXA Wealth TEAMS cl Gvn ptfl VPn17.7%
AXA Wealth TEAMS cl Gvn ptfl IVPn16.8%
FL Investec Caut Mgd Pn15.5%
FL Investec Cautious Mgd AP15.4%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK41.3%
    International21.5%
    Global Emerging Markets10.2%
    USA8.2%
    Not Specified7%
  • Corporate Bonds37.4%
    Real Estate5.3%
    Electronic & Electrical Equipment4.1%
    Equities4.1%
    Industrials3.8%
  • UK Equities21.3%
    UK Corporate Fixed Interest20%
    Global Corporate Fixed Interest19.3%
    Global Emerging Market Equities10.2%
    US Equities8.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.1%-1.7%6.1%5.3%10.1%13.4%
Sector-2%-1.9%6%7.4%16.8%38.9%
Rank within sector476 / 529251 / 529229 / 517314 / 462328 / 399332 / 339
Quartile4th2nd2nd3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund6.2%4.8%-0.7%2.7%-1.1%
Sector8.4%1.3%6%8.3%9.4%
Rank within sector308 / 46324 / 425392 / 399373 / 381338 / 339
Quartile3rd1st4th4th4th
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.
-2.46
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.
1.07
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%.
6.57
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.
3.41
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.
-0.63
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.
0.73
Price movement
52 week high2.06
52 week low1.79
Current bid price1.98
Current offer price2.08
Current mid price-
Region
1UK41.3%
2International21.5%
3Global Emerging Markets10.2%
4USA8.2%
5Not Specified7%
6Europe ex UK6.5%
7Asia Pacific ex Japan4.1%
8Japan1%
9Money Market0.2%
Industry sector
1Corporate Bonds37.4%
2Real Estate5.3%
3Electronic & Electrical Equipment4.14%
4Equities4.05%
5Industrials3.79%
6Banks3.68%
7Others3.45%
8Mineral Extraction3.37%
9Oil & Gas Exploration & Production3.25%
Asset type
1UK Equities21.3%
2UK Corporate Fixed Interest20%
3Global Corporate Fixed Interest19.3%
4Global Emerging Market Equities10.2%
5US Equities8.2%
6Europe ex UK Equities6.5%
7Asia Pacific ex Japan Equities4.1%
8Commodity & Energy3.5%
9International Property3.5%
Individual holdings
1ETFS GOLD BULLION SECURITIES USD3.45%
2ETFS GOLD BULLION SECURITIES USD3.45%
3HSBC HLDGS1.6%
4RIO TINTO1.22%
5UNITED STATES OF AMER TREAS BONDS 4.5% TB 15/05/38 USD10001.21%
6BP1.02%
7MITON THE DIVERSE INCOME TRUST PLC ORD 0.1P1.02%
8ROYAL DUTCH SHELL0.97%
9IMPERIAL BRANDS FINANCE PLC 9% GTD NTS 17/02/22 GBP500000.93%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The objective of the fund is to provide long term capital growth by investing in a portfolio of other authorised funds, worldwide equities, fixed interest stocks, cash and money market instruments.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
Mixed
Fund managers
NameSinceBiography
Anthony Rayner01/12/2014Before joining Miton, Anthony worked for Darwin Investments, analysing portfolio construction and risk for the Darwin Multi Asset Fund. Prior to this, he worked for M&G, focusing on portfolio construction and risk for UK equity funds and then for the multi asset fund range. Previously, he was a member of the Asset Allocation and Economics team at Merrill Lynch Investment Managers. He has 18 years investment experience.
David Jane08/06/2014David Jane joined the Darwin group in September 2010. He has more than 23 years' experience in investment management. He was previously Head of Equities Investments at M&G. David joined M&G in December 2000 as a Fund Manager in the global specialist equity team. He served as Head of Equities Investments and Portfolio Manager at M&G Managed Fund and M&G Cautious Multi Asset Fund, which he launched in February 2007 and grew to over £300 million during his tenure. Prior to M&G, David was the Head of Global Financials Research at Axa Investment Management. Prior to Axa, he was at Newton Investment Management as Director of Global Financials Research. He also served as a Non Executive Director of M&G High Income Investment Trust plc from October 2002 to July 2010. David graduated with a B.A. Honours in Statistics and Economics.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure AL CF Miton Cautious Multi Asset Pn PPB
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1.975
Offer price2.079
Mid price-
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQU51
ReAssure AL CF Miton Cautious Multi Asset Pn PPBR
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price2.02
Offer price2.126
Mid price-
CurrencyGBP
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB6D2
Data provided by

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