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 16/07/2015
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
-
1 Year rank in sector
-
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£0m
Bid price
1.057
Offer price
1.112
Top in this sector
Fund name1 Year
MetLife Fid Corp Bd 20yr Pn14.3%
FL TEActv Bln Bd IE12.9%
OMW IPL L&G AAA CrpBdOv15YIx Pn12.1%
L&G PMC AAAAAA CpBd Ov15Y Id Pn12%
AEGON Long Core Plus Pn11.7%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK64.6%
    USA9.8%
    France6.7%
    International4%
    Australia3.1%
  • Financials30.3%
    Industrials28.2%
    Utilities14.9%
    Others8.1%
    Government Bonds7.9%
  • UK Corporate Fixed Interest56.9%
    US Corporate Fixed Interest10.3%
    French Corporate Fixed Interest6.7%
    Futures4.2%
    Global Fixed Interest3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-5.2%3.2%---
Sector-1.3%-4.7%2.5%6.8%19%38.6%
Rank within sector189 / 265189 / 26540 / 265---
Quartile3rd3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector7.7%0.2%10.5%1%13.5%
Rank within sector-----
Quartile
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
Current bid price1.06
Current offer price1.11
Current mid price-
Region
1UK64.57%
2USA9.81%
3France6.68%
4International3.96%
5Australia3.12%
6Netherlands2.69%
7Europe2.59%
8Italy1.68%
9Mexico1.06%
Industry sector
1Financials30.28%
2Industrials28.16%
3Utilities14.95%
4Others8.09%
5Government Bonds7.94%
6Asset/Mortgage-Backed Securities5.26%
7Mortgage & Secured Bonds3.5%
8Property Shares1.83%
Asset type
1UK Corporate Fixed Interest56.92%
2US Corporate Fixed Interest10.29%
3French Corporate Fixed Interest6.68%
4Futures4.24%
5Global Fixed Interest3.91%
6European Fixed Interest3.56%
7Australian Corporate Fixed Interest3.12%
8Money Market2.79%
9Dutch Corporate Fixed Interest2.69%
Individual holdings
1BARCLAYS BANK PLC 10% SUB NTS 21/05/21 GBP500001.6%
2SSE 3.875%1.3%
3VERIZON COMMUNICATIONS INC 4.75% MTN 17/02/34 GBP1000001.2%
4FRIENDS LIFE HLDGS 8.25% 21/04/221.1%
5HSBC HLDGS 7% SUBORD NTS 07/04/38 GBP500001.1%
6ELECTRICITE DE FRANCE 6.125 02/06/341%
7HSBC HLDGS 6.50% NTS 20/05/24 GBP50000 `15`1%
8NATIONAL WESTMINSTER BANK 7.125% PERP1%
9BG ENERGY CAPITAL 6.5% CAP SECS BDS 30/11/72 EUR10000.9%
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 Team16/07/2015
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 price1.057
Offer price1.112
Mid price-
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6KH
Data provided by

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