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 09/06/2014
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
13%
1 Year rank in sector
244/496
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.
56
Bid price
2.108
Offer price
2.219
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn43.8%
OMW IPL F&COs EqLnkUKInflPn39.9%
OMW IPL F&C Os EqLkUK GltPn29%
Aegon Dynamic Lifestyle 2023 (RR)Pn27%
AXA Wealth TEAMS cl Gvn ptfl VPn26.8%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK30%
    USA27.5%
    Europe ex UK19.6%
    Japan9.6%
    Asia Pacific ex Japan7.3%
  • Banks23.5%
    Capital Goods13.1%
    Fixed Interest12.9%
    Materials7.3%
    Energy5.7%
  • Global Corporate Fixed Interest19.4%
    UK Corporate Fixed Interest16.7%
    Europe ex UK Equities13.7%
    US Equities12.7%
    UK Equities11.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%2.6%3%13%21.8%21.6%
Sector0.6%3.1%3.3%13.4%21.8%41.4%
Rank within sector131 / 536366 / 535357 / 525244 / 496171 / 417348 / 359
Quartile1st3rd3rd2nd2nd4th
Calendar performance
 YTD - 20172016201520142013
Fund4.8%8.2%4.8%-0.7%2.7%
Sector2.9%11.8%1.3%6%8.3%
Rank within sector31 / 528345 / 46524 / 429397 / 403378 / 386
Quartile1st3rd1st4th4th
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.
-1.11
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.
1.07
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.
0.4
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%.
6.62
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.
3.4
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.
-0.21
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.
0.74
Price movement
52 week high2.11
52 week low1.84
Current bid price2.11
Current offer price2.22
Current mid price-
Region
1UK29.97%
2USA27.45%
3Europe ex UK19.62%
4Japan9.64%
5Asia Pacific ex Japan7.25%
6Global Emerging Markets4.66%
7Others1.4%
Industry sector
1Banks23.52%
2Capital Goods13.12%
3Fixed Interest12.94%
4Materials7.29%
5Energy5.69%
6Software5.01%
7Mutual Funds4.08%
8Hardware3.79%
9Insurance3.5%
Asset type
1Global Corporate Fixed Interest19.44%
2UK Corporate Fixed Interest16.72%
3Europe ex UK Equities13.65%
4US Equities12.7%
5UK Equities11.07%
6Japanese Equities9.65%
7Asia Pacific ex Japan Equities6.53%
8Money Market3.56%
9Global Emerging Market Equities3.35%
Individual holdings
1GOLD BULLION SECURITIES LD GOLD BULLION SECURITIES USD1.4%
2GOLD BULLION SECURITIES LD GOLD BULLION SECURITIES USD1.4%
3BP1.1%
4BANCO BILBAO VIZCAYA ARGENTARIA SA1.06%
5ROYAL DUTCH SHELL1%
6MITON THE DIVERSE INCOME TRUST PLC ORD 0.1P0.99%
7RIO TINTO0.96%
8NATIONWIDE BUILDING SOCIETY 6.875% UNDATED BDS GBP1000000.86%
9MARRIOTT INTERNATIONAL INC0.84%
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 Rayner01/12/2014Anthony Rayner joined Miton Group plc in June 2014 and has 18 years investment experience. Prior to Miton, Anthony worked for Darwin Investment Management Ltd, analysing portfolio construction and risk for the Darwin Multi Asset Fund alongside David Jane. 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. Anthony is Fund Manager of the CF Miton Cautious Multi Asset Fund, CF Miton Defensive Multi Asset Fund and the MI Miton Cautious Monthly Income Fund.
David Jane09/06/2014David Jane joined Miton Group plc in June 2014 and has more than 25 years’ experience in investment management. He founded Darwin Investment Management Ltd in September 2010 and prior to that he was Head of Equities Investments at M&G. David joined M&G in December 2000 as a Fund Manager in the global specialist equity team before becoming Head of Equities investments. Whilst there he was portfolio manager of the M&G Managed Fund and the 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 and before that he was at Newton Investment Management as Director of Global Financials Research. He also served as Non-Executive Director of M&G High Income Investment Trust plc from October 2002 to July 2010. David graduated from Keele University with a B.A. Honours in Economics, Statistics and Operations Research. David is Fund Manager of the CF Miton Cautious Multi Asset Fund, CF Miton Defensive Multi Asset Fund and the MI Miton Cautious Monthly Income Fund
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 price2.108
Offer price2.219
Mid price-
CurrencyGBP
Price updated27/04/2017
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 price2.158
Offer price2.272
Mid price-
CurrencyGBP
Price updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB6D2
Data provided by

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