Fact sheet: ReAssure Aberdeen Corprt Bd PPB Pn

Fund information
Fund name
ReAssure Aberdeen Corporate Bond PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
  • Pan European Credit Teamsince 17/07/2015
Underlying fund
Aberdeen Corporate Bond
Fund objective
The Fund aims to provide a combination of income and capital growth by investing predominantly in Investment grade corporate Debt and debt-related securities denominated in (or hedged back to) Sterling. The Fund may also invest in other transferable securities, including Investment grade and sub-Investment grade Debt and debt-related securities denominated in any currency, including those issued by governments, public bodies and supra-national issuers, as well as money market instruments, deposits, cash and near cash, derivatives and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates).
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
9.6%
1 Year rank in sector
84/259
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£0m
Bid price
1.104
Offer price
1.162
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP16.9%
OMW IPL L&G AAA CrpBdOv15YIx Pn14.8%
AEGON Long Core Plus Pn14.2%
AEGON UK Long Corporate Bond Pn14.1%
FL TEActv Bln Bd IE14%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK64.1%
    USA9.1%
    France6.5%
    International4.8%
    Australia3.2%
  • Financials30.1%
    Industrials26.7%
    Utilities17%
    Government Bonds10.7%
    Others6.7%
  • UK Corporate Fixed Interest56.9%
    US Corporate Fixed Interest9%
    French Corporate Fixed Interest6.5%
    Australian Corporate Fixed Interest3.2%
    German Corporate Fixed Interest2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%2.1%4.5%9.6%--
Sector0.7%2.4%4.9%8.9%19.8%38.1%
Rank within sector157 / 263194 / 262176 / 26084 / 259--
Quartile3rd3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.9%----
Sector3%9.4%0.2%10.5%1%
Rank within sector168 / 260----
Quartile3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high1.12
52 week low1.01
Current bid price1.1
Current offer price1.16
Current mid price-
Region
1UK64.12%
2USA9.12%
3France6.5%
4International4.79%
5Australia3.2%
6Germany2.47%
7Italy2.11%
8Netherlands1.87%
9Europe1.38%
Industry sector
1Financials30.12%
2Industrials26.69%
3Utilities16.96%
4Government Bonds10.74%
5Others6.69%
6Mortgage & Secured Bonds3.96%
7Asset/Mortgage-Backed Securities3.44%
8Property Shares1.54%
9Derivatives-0.12%
Asset type
1UK Corporate Fixed Interest56.86%
2US Corporate Fixed Interest8.96%
3French Corporate Fixed Interest6.5%
4Australian Corporate Fixed Interest3.2%
5German Corporate Fixed Interest2.84%
6UK Gilts2.64%
7Money Market2.45%
8European Fixed Interest2.42%
9Global Fixed Interest2.41%
Individual holdings
1BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500001.4%
2BP CAPITAL MARKETS 2.03% GTD NTS 14/02/25 GBP1000001.3%
3SSE 3.875%1.3%
4HEATHROW FUNDING (EXP 10/12/31)1.2%
5HSBC HLDGS 7% SUBORD NTS 07/04/38 GBP500001.1%
6HSBC HLDGS 6.50% NTS 20/05/24 GBP50000 `15`1%
7INNOGY FINANCE 6.25% 03/06/301%
8NATIONAL WESTMINSTER BANK 7.125%1%
9ELECTRICITE DE FRANCE 6.125 02/06/340.9%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The Fund aims to provide a combination of income and capital growth by investing predominantly in Investment grade corporate Debt and debt-related securities denominated in (or hedged back to) Sterling. The Fund may also invest in other transferable securities, including Investment grade and sub-Investment grade Debt and debt-related securities denominated in any currency, including those issued by governments, public bodies and supra-national issuers, as well as money market instruments, deposits, cash and near cash, derivatives and units in collective investment schemes (including other funds managed by the Investment Adviser or its affiliates).
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Pan European Credit Team17/07/2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure Aberdeen Corporate Bond PPB Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1.104
Offer price1.162
Mid price-
CurrencyGBP
Price updated23/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6KH
Data provided by

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