Fact sheet: ReAssure AL Kames StrtBd

Fund information
Fund name
ReAssure AL Kames Strategic Bond Pn PPB
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • Juan Valenzuelasince 04/01/2016
  • David Robertssince 22/03/2004
  • Philip Milburnsince 01/11/2009
Underlying fund
Kames Strategic Bond
Fund objective
The investment objective is to maximise total return (income plus capital).
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
3%
1 Year rank in sector
148/168
Sector
PN Sterling Strategic Bond
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.
24
Bid price
1.444
Offer price
1.52
Top in this sector
Fund name1 Year
Canlife AXA Fram Mgd Inc Pn9.3%
AXA Wealth AXA Fram Mgd Inc Pn9.3%
OMW AXA Framlington Mgd Inc9.2%
FL Artemis Stra Bd AP8.2%
Aviva Higher Inc Plus Pn7.8%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • Not Specified43.3%
    UK34.4%
    USA13.6%
    Money Market10.9%
    Netherlands7.7%
  • Financials34.7%
    Industrials25.4%
    Asset/Mortgage-Backed Securities16%
    Utilities9.4%
    Money Market6.8%
  • UK Fixed Interest37.2%
    US Fixed Interest29.4%
    Money Market10.9%
    Dutch Fixed Interest7.7%
    French Fixed Interest4.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%-1.2%2%3%5.7%25.3%
Sector-0.5%-1.6%2.7%4.9%12.8%38.8%
Rank within sector68 / 17284 / 172121 / 172148 / 168140 / 155131 / 143
Quartile2nd2nd3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund3.9%-1.6%3.1%2.9%15%
Sector5.6%0.7%5.6%5.9%15.8%
Rank within sector142 / 168151 / 163137 / 155128 / 15197 / 143
Quartile4th4th4th4th3rd
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.
-2.35
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%.
3.69
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.
1.34
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.
-1.56
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.
0.87
Price movement
52 week high1.46
52 week low1.34
Current bid price1.44
Current offer price1.52
Current mid price-
Region
1Not Specified43.33%
2UK34.44%
3USA13.57%
4Money Market10.87%
5Netherlands7.66%
6France4.6%
7Jersey4.1%
8New Zealand2.16%
9Luxembourg2.06%
Industry sector
1Financials34.7%
2Industrials25.4%
3Asset/Mortgage-Backed Securities16%
4Utilities9.4%
5Money Market6.8%
6Government Bonds5.5%
7Government Agency Bonds2.2%
Asset type
1UK Fixed Interest37.19%
2US Fixed Interest29.37%
3Money Market10.87%
4Dutch Fixed Interest7.66%
5French Fixed Interest4.6%
6Australian Fixed Interest3.22%
7New Zealand Fixed Interest2.16%
8Luxembourg Fixed Interest2.06%
9American Emerging Fixed Interest1.87%
Individual holdings
1NEW ZEALAND(GOVERNMENT OF) 2.75% BDS 15/04/37 NZD10002.16%
2MORGAN STANLEY 1% BDS 16/11/18 AUD10001.71%
3KELDA FINANCE 3 PLC 5.75% NTS 17/02/20 GBP1000001.54%
4HEALTH CARE REIT INC 3.75% BDS 15/03/23 USD10001.51%
5ABN AMRO BANK NV 6.25% MTN 27/04/22 USD2000001.5%
6ALPHA TRAINS FINANCE 2.064% BDS 30/06/25 EUR1000001.45%
7AUSTRALIA(COMMONWEALTH OF) 3% BDS 21/03/47 AUD10001.4%
8BANK OF AMERICA CORP 6.25% BDS 31/12/49 USD10001.32%
9CITIGROUP INC DEP SHS REP 1/25TH INT PERP PFD T1.3%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The investment objective is to maximise total return (income plus capital).
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Juan Valenzuela04/01/2016Juan Valenzuela is an investment manager in the fixed income team with responsibility for analysing global rates markets, both conventional and inflation-linked bonds. He joined us from Alliance Trust, where he an investment manager on the Alliance Trust Dynamic Bond Fund. Prior to that, Juan worked in investment management roles for Scottish Widows Investment Partnership and JP Morgan. Juan has degrees in both Law and Business from Carlos III University in Madrid, and is a CFA charterholder.
David Roberts22/03/2004David is Joint Head of Fixed Income and is jointly responsible for managing the fixed income team. He joined us in 2004 from Britannic Asset Management where he was Head of Credit. David studied Economics and Industrial Relations at the University of Strathclyde and has an MSc in Investment Analysis.
Philip Milburn01/11/2009Philip is an investment manager in the fixed income team. He joined us in 1997 straight from university. Philip studied Economics at the University of Edinburgh.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure AL Kames Strategic Bond 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 price1.444
Offer price1.52
Mid price-
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ876
ReAssure AL Kames Strategic Bond 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 price1.477
Offer price1.555
Mid price-
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB6E1
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.