Fact sheet: ReAssure AL GLG Jpn CrAl Pn

Fund information
Fund name
ReAssure AL GLG Japan CoreAlpha Pn IP
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • Jeff Athertonsince 01/03/2011
  • Stephen Harkersince 01/01/2006
  • Adrian Edwardssince 01/06/2014
  • Neil Edwardssince 01/01/2006
Underlying fund
Man GLG Japan Core Alpha
Fund objective
The objective of the Fund is to achieve capital growth through investing primarily in the quoted securities of companies operating in Japan.
Benchmark
  • Topix
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
38.3%
1 Year rank in sector
27/191
Sector
PN Japan
Yield
-
Fund size
£0m (£0m 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.
138
Bid price
2
Offer price
2.106
Top in this sector
Fund name1 Year
OMW M&G Japan Smaller Cos49.5%
Wesleyan Japanese Sh Pn48.3%
Pru Japan Pn48.2%
FL Man GLG Jpn CreAlp Pn48%
Pru FRIA M&G Japan Pn47.5%
...more in PN Japan

Performance snapshot

Holdings snapshot

  • Japan99.7%
    Money Market0.3%
  • Financials27.8%
    Consumer Discretionary17.7%
    Information Technology14.7%
    Industrials13.7%
    Materials9.8%
  • Japanese Equities100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.1%1.3%15.6%38.3%66.8%74.2%
Sector0.1%3.5%8.6%31.7%66.6%84.2%
Rank within sector193 / 197181 / 19713 / 19327 / 191107 / 181145 / 172
Quartile4th4th1st1st3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund2.4%28.2%16.2%0.2%28.5%
Sector4.2%23.8%15.7%1.5%26.2%
Rank within sector182 / 19729 / 19068 / 188138 / 18152 / 178
Quartile4th1st2nd4th2nd
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.
0.24
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.
1.03
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.
0.89
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%.
15.24
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.
8.06
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.
0.05
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.
0.71
Price movement
52 week high2.08
52 week low1.35
Current bid price2
Current offer price2.11
Current mid price-
Region
1Japan99.74%
2Money Market0.26%
Industry sector
1Financials27.76%
2Consumer Discretionary17.66%
3Information Technology14.68%
4Industrials13.68%
5Materials9.79%
6Utilities6.09%
7Energy5.93%
8Real Estate4.15%
9Money Market0.26%
Asset type
1Japanese Equities100%
Individual holdings
1TOYOTA MOTOR CORP7.29%
2MITSUBISHI UFJ FINANCIAL GROUP5.75%
3CANON INC5.7%
4HONDA MOTOR CO5.2%
5JFE HOLDINGS INC4.45%
6SUMITOMO MITSUI TR HLDGS INC4.08%
7SUMITOMO MITSUI FINANCIAL GROUP INC4.02%
8NIPPON STEEL & SUMITOMO METAL CORP3.97%
9INPEX CORP3.63%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The objective of the Fund is to achieve capital growth through investing primarily in the quoted securities of companies operating in Japan.
Benchmark
  • Topix
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Jeff Atherton01/03/2011Jeff is a Senior Portfolio Manager to the Japan CoreAlpha team. He has a BA in Economics from the University of Sheffield. Jeff started his career at Sun Life of Canada in 1987 and has been managing Japanese funds for over 20 years. He has held senior positions at Insight Investment, SGAM, TCW and Equitable Life. Most recently Jeff spent 5 years at Stratton Street Capital LLP where he was a partner and co-manager of their Japanese hedge fund strategies. Jeff joined GLG in March 2011.
Stephen Harker01/01/2006Stephen Harker is Head of Japanese Equities and leads the Japan CoreAlpha team. He has a BA in Mathematics and Economics from the University of Warwick and an MA in Economics of Finance from the University of Sheffield. Stephen has over 35 years of industry experience, and has concentrated on the Japanese equity market since April 1984. After a decade managing the Prudential Japanese Trust, he joined TCW London International in 1994. TCW was acquired in 2001 by Société Générale Asset Management (SGAM); SGAM UK was acquired by GLG Partners LP in April 2009; and GLG was in turn acquired by Man Group plc in October 2010. In January 2006, Stephen and the Japan equity team created the Japan CoreAlpha strategy which has grown into an industry leading large cap Japanese equity product.
Adrian Edwards01/06/2014Adrian has a BSc in Business Information Systems from Anglia Ruskin University and is a CFA charter holder. Adrian began his career in fund management at Stratton Street Capital LLP in January 2006 where he rose to the position of Assistant Fund Manager on the firm’s Japanese and Asian synthetic warrant and Japanese equity hedge fund strategies. Adrian joined Man GLG (‘GLG’) in June 2014.
Neil Edwards01/01/2006Neil is Director and Senior Portfolio Manager to the Japan CoreAlpha team. He has a BA in Economics and an MA in Economics of Money and Finance from the University of Sheffield. He worked as an investment analyst before taking positions In UK equity fund management at CIS Insurance, Halifax Fund Management and Nestle for a total of 15 years. At Halifax he also spent five years managing international bonds and derivatives and a period covering the Japanese equity market. He joined Société Générale Asset Management in February 2005, working with the Japanese equity team and is now an employee of GLG Partners following the acquisition of SGAM UK in April 2009.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure AL GLG Japan CoreAlpha 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 price2
Offer price2.106
Mid price-
CurrencyGBP
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBUQ2
ReAssure AL GLG Japan CoreAlpha Pn RA
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price2.041
Offer price2.148
Mid price-
CurrencyGBP
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBUQ3
Data provided by

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