Fact sheet: ReAssure AL Schroder Tokyo Pn

Fund information
Fund name
ReAssure AL Schroder Tokyo Pn RA
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • Andrew Rosesince 31/03/2004
Underlying fund
Schroder Tokyo
Fund objective
The fund's investment objective is to achieve capital appreciation through participation in the growth of the Japanese economy. Investment will be based primarily on Japan's economic strengths, such as its manufacturing industry (in particular on those parts of it that are demonstrating an ability to exploit newly emerging technology) and on sectors benefiting from structural change in the economy. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
36.7%
1 Year rank in sector
68/189
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.
116
Bid price
3.004
Offer price
3.162
Top in this sector
Fund name1 Year
OMW M&G Japan Smaller Cos53.6%
Zurich Inv PerpJapnseSmCosPn52.8%
OMW InvescoPerpetaulJpnSlCos50.1%
SIP Inv Prp Jpnse Sm Cos Pn49.8%
Baillie Gifford Japanese Eq Pn49.1%
...more in PN Japan

Performance snapshot

Holdings snapshot

  • Japan97.5%
    Money Market2.4%
    Not Specified0.1%
  • Electronic & Electrical Equipment11.4%
    Transport Equipment10.5%
    Transport9.5%
    Banks7.7%
    Retail7.6%
  • Japanese Equities97.5%
    Money Market2.4%
    International Equities0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.2%6.8%23.4%36.7%54.4%93.6%
Sector5.1%5.1%19.6%35.2%50.2%96.1%
Rank within sector96 / 19550 / 19444 / 19268 / 18962 / 180101 / 169
Quartile2nd2nd1st2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund4.7%25.6%16%2.8%21%
Sector4.4%23.8%15.7%1.5%26.2%
Rank within sector92 / 19566 / 18973 / 18762 / 180147 / 177
Quartile2nd2nd2nd2nd4th
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.
1.14
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.
0.99
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.
0.83
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%.
13.1
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.
3.13
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.
0.94
Price movement
52 week high2.98
52 week low1.94
Current bid price3
Current offer price3.16
Current mid price-
Region
1Japan97.5%
2Money Market2.37%
3Not Specified0.13%
Industry sector
1Electronic & Electrical Equipment11.43%
2Transport Equipment10.51%
3Transport9.51%
4Banks7.68%
5Retail7.63%
6Chemicals7.29%
7Communications6.25%
8Wholesale5.65%
9Insurance4.88%
Asset type
1Japanese Equities97.5%
2Money Market2.37%
3International Equities0.13%
Individual holdings
1TOYOTA MOTOR CORP4.32%
2SUMITOMO MITSUI FINANCIAL GROUP INC3.77%
3BRIDGESTONE CORP3.43%
4SOMPO JAPAN NIPPONKOA HOLDINGS INC3.2%
5KDDI CORP3.01%
6NIPPON TELEGRAPH & TELEPHONE CORP2.93%
7EAST JAPAN RAILWAY CO2.9%
8TDK CORP2.87%
9MITSUI & CO2.56%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The fund's investment objective is to achieve capital appreciation through participation in the growth of the Japanese economy. Investment will be based primarily on Japan's economic strengths, such as its manufacturing industry (in particular on those parts of it that are demonstrating an ability to exploit newly emerging technology) and on sectors benefiting from structural change in the economy. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Andrew Rose31/03/2004Andrew Rose is the Head of Japanese Equities. He holds a degree in Japanese and Politics. His Investment career commenced in 1981 upon joining Schroders. He moved to Tokyo in 1984, returning to London in 1987 where he was responsible for Japanese equity investments for UK and continental European clients. He was seconded to Schroders Japan office as Senior Investment Officer in 1996. He returned to London in 1999 as Joint Head of the Japanese Equity Team, with overall responsibility for smaller company investment in Japan. Returned to Japan in 2001 where he is Head of the Japan office and Pan Pacific equities. He is the executive Director.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure AL Schroder Tokyo Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price2.931
Offer price3.085
Mid price-
CurrencyGBP
Price updated16/01/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeA913
ReAssure AL Schroder Tokyo 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 price3.004
Offer price3.162
Mid price-
CurrencyGBP
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeB5Y2
Data provided by

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