Fact sheet: ReAssure AL SWIP Prop Tst Pn

Fund information
Fund name
ReAssure AL SWIP Property Trust Pn IP
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • Tim Sankeysince 28/06/2015
  • Gerry Fergusonsince 15/11/2004
  • James McLeansince 28/06/2015
No data available.
Fund objective
The Trust aims to provide investors with a combination of income and growth of capital consistent with a balanced commercial property portfolio.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Physical
Quick stats
1 Year return
-7.1%
1 Year rank in sector
157/159
Sector
PN UK Direct Property
Yield
-
Fund size
£0m (£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.
116
Bid price
1.03
Offer price
1.084
Top in this sector
Fund name1 Year
Guardian Choices Property Pn13.2%
Guardian Property Pn13.2%
OMW IPL Aviva Lm Prp Pn7.7%
FL Property AP5.9%
Aegon KamesProIncPn5.4%
...more in PN UK Direct Property

Performance snapshot

Holdings snapshot

  • UK81.2%
    Money Market18.8%
  • Retail - Property39.3%
    Money Market18.8%
    Offices - Property18.2%
    Industrial - Property14.1%
    Other - Property9.6%
  • Physical Property75.7%
    Money Market18.8%
    International Equities5.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%2.8%-3.3%-7.1%17.8%20.6%
Sector0.3%2.4%-2.9%-1.3%24.3%32.8%
Rank within sector42 / 16193 / 160110 / 159157 / 159122 / 154134 / 149
Quartile2nd3rd3rd4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-7.1%8.4%12.6%8.6%-1.9%
Sector-2%9.7%14.3%6.9%1%
Rank within sector152 / 159114 / 158110 / 15445 / 152135 / 149
Quartile4th3rd3rd2nd4th
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.
-6.62
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.
1.67
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.
0.27
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%.
8.04
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.
6.08
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.
-0.32
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.
0.51
Price movement
52 week high1.11
52 week low0.86
Current bid price1.03
Current offer price1.08
Current mid price-
Region
1UK81.2%
2Money Market18.8%
Industry sector
1Retail - Property39.3%
2Money Market18.8%
3Offices - Property18.19%
4Industrial - Property14.13%
5Other - Property9.58%
Asset type
1Physical Property75.7%
2Money Market18.8%
3International Equities5.5%
Individual holdings
1OXFORD STREET, LONDON (RETAIL)4.9%
210 HAMMERSMITH GROVE, LONDON (OFFICE)4.2%
3KING EDWARD COURT, LONDON (SC)4%
4A1 SHOPPING PARK, BIGGLESWADE (RETAIL WAREHOUSE)3.5%
5HERMISTON GAIT RETAIL PARK, EDINBURGH (RW)3.4%
612 HAMMERSMITH GROVE, LONDON (OFFICE) 3.1%
7ASTICUS, 21 PALMER STREET, LONDON (OFFICE)2.7%
8STRATFORD HIGH STREET, LONDON (RESIDENTIAL)2.7%
9THE BROADWALK CENTRE, EDGEWARE (SC)2.7%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The Trust aims to provide investors with a combination of income and growth of capital consistent with a balanced commercial property portfolio.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Physical
Fund managers
NameSinceBiography
Tim Sankey28/06/2015Tim is Fund Manager on the Aberdeen Property Trust team since June 2014. Tim joined Aberdeen in 2003 from Strutt & Parker where he was an investment broker working across all sectors throughout the UK market. Since joining Aberdeen he has held senior roles, initially as a transaction specialist heading the transaction team in London and latterly as the Fund Manager for a major overseas investment company. Tim has extensive experience working with investors from multiple jurisdictions, and is based in Aberdeen's London office.Tim is a member of Aberdeen's investment committee and is also a member of the management committee of two of Aberdeen's Partnership Funds.
Gerry Ferguson15/11/2004Gerry is Head of UK Property Pooled Funds, with specific responsibility for the Aberdeen Property Trust. He is a member of both the real estate executive and investment committee, and is also involved in setting and implementing fund strategy. Gerry joined Aberdeen via the acquisition of SWIP in April 2014. Prior to joining SWIP in September 2000 (part of Aberdeen Asset Management since 01 April 2014), Gerry spent four years as a director with RREEF (UK) Limited, the largest independent property fund manager in the UK. Previously, Gerry worked as a fund manager for Scottish Amicable for ten years, responsible for its Life Property Fund. Before this, he spent three years with Scottish Widows focussing on the UK market. Between 1974 and 1983, Gerry worked for various organisations dealing with the Scottish property market. Gerry is a member of the Royal Institution of Chartered Surveyors and the Investment Property Forum. He holds a BSc in Applied Science from the University of Glasgow.
James McLean28/06/2015James is a Fund Manager on the Aberdeen Property Trust team. James joined Aberdeen via the acquisition of SWIP in April 2014. Prior to that, he worked exclusively on Scottish Widows Unit Funds Ltd (SWUF) since joining SWIP in 2002. James has been the lead Fund Manager of SWUF Pensions since 2008. Responsibilities include setting and implementing both fund and asset management strategies for the fund and individual properties, sourcing new investment properties and disposing of properties that are unlikely to meet performance targets. James joined the Aberdeen Property Trust team in April 2014 as the joint Fund Manager. Previously, James worked for ING Real Estate in London as an assistant fund manager. Prior to that, he was employed by Prudential Property Investment Managers (PruPIM, now M&G), also in London, as a graduate investment, leasing & management surveyor. James holds a BLE (Hons) in Land Economy from The University of Aberdeen and is a member of the Royal Institution of Chartered Surveyors. He has obtained the UKSIP Investment Management Certificate (IMC) and holds the Investment Property Forum (IPF) Property Investment Diploma. James is a FCA Approved Person (CF30).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure AL SWIP Property Trust Pn IP
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1.03
Offer price1.084
Mid price-
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeQ801
ReAssure AL SWIP Property Trust 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 price1.055
Offer price1.11
Mid price-
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB5W7
Data provided by

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