Fact sheet: ReAssure AL Hnd EurSl OpPn

Fund information
Fund name
ReAssure AL Henderson European Select Opportunities Pn PPBR
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • John Bennettsince 01/02/2010
  • Asim Rahmansince 11/03/2013
Underlying fund
Henderson Europn Selctd Opps
Fund objective
The fund aims to provide long-term capital growth by investing in European company shares.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
11.1%
1 Year rank in sector
236/359
Sector
PN Europe Excluding UK
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.
109
Bid price
2.105
Offer price
2.215
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn28.2%
Scot Eq Neptune Eur Opps Pn28.2%
RLP EurSpl(NeptuneEurpOpp)Pn27.2%
Guardian Choices European Pn26.3%
SIP Neptune Eurpn Opps Pn25.2%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Switzerland18.9%
    Germany18.1%
    France13.7%
    Netherlands9.7%
    Sweden9.5%
  • Banks21.5%
    Biotechnology/Medical14.7%
    Industrials5.8%
    Chemicals5.5%
    Automotive5.4%
  • Swiss Equities18.9%
    German Equities18.1%
    French Equities13.7%
    Dutch Equities9.7%
    Swedish Equities9.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%0.8%10.3%11.1%26.9%80.7%
Sector-1.1%0.3%9.4%12.5%26%77.6%
Rank within sector54 / 369133 / 369150 / 368236 / 359124 / 340125 / 312
Quartile1st2nd2nd3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund9.3%8%3.2%25.9%21.6%
Sector11%9.4%-0.2%25.6%19.2%
Rank within sector243 / 359191 / 35342 / 341144 / 32997 / 311
Quartile3rd3rd1st2nd2nd
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.
-0.15
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
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.
0.24
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%.
11.58
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
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.
-0.06
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.
0.93
Price movement
52 week high2.2
52 week low1.71
Current bid price2.11
Current offer price2.22
Current mid price-
Region
1Switzerland18.92%
2Germany18.12%
3France13.69%
4Netherlands9.66%
5Sweden9.48%
6Not Specified4.38%
7Spain4.23%
8Belgium4%
9Denmark3.68%
Industry sector
1Banks21.51%
2Biotechnology/Medical14.73%
3Industrials5.81%
4Chemicals5.51%
5Automotive5.4%
6Software4.96%
7Oil & Gas Exploration & Production4.92%
8Derivatives4.38%
9Household Goods4.07%
Asset type
1Swiss Equities18.92%
2German Equities18.12%
3French Equities13.69%
4Dutch Equities9.66%
5Swedish Equities9.48%
6International Equities4.38%
7Spanish Equities4.23%
8Belgian Equities4%
9Danish Equities3.68%
Individual holdings
1NOVARTIS AG6.72%
2ROCHE HLDG AG4.81%
3SAP SE4.34%
4NESTLE SA3.96%
5AUTOLIV INC3.37%
6NORDEA BANK AB3.07%
7DNB ASA2.61%
8RELX NV2.43%
9HENKEL AG & CO KGAA2.27%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The fund aims to provide long-term capital growth by investing in European company shares.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
John Bennett01/02/2010John Bennett has a 28-year track record of managing European equities. He joined Henderson as a Director of European Equities in April 2011, as part of the Gartmore acquisition. John manages a number of Continental and Pan European funds as well as European long/short funds. John joined Gartmore in 2010 from GAM where he spent 17 years as a fund manager. During this time he managed their flagship European long only and European equity long/short hedge fund, which was launched in June 1998. Prior to GAM, John was a fund manager at Ivory and Sime and has been a Member of the Chartered Institute of Bankers in Scotland since 1987.
Asim Rahman11/03/2013Asim Rahman joined Henderson in 2011 as a Fund Manager. He previously worked with John Bennett at Gartmore and GAM where he was an Investment Analyst from 2003. Prior to joining GAM, Asim was a Financial Analyst in Goldman Sachs’ Investment Banking Division. Asim holds an MA in Economics from Cambridge University and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure AL Henderson European Select Opportunities 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 price2.054
Offer price2.162
Mid price-
CurrencyGBP
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeAF02
ReAssure AL Henderson European Select Opportunities 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 price2.105
Offer price2.215
Mid price-
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB6F0
Data provided by

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