Fact sheet: ReAssure Artemis US ExtndAlphaPPBPn

Fund information
Fund name
ReAssure Artemis US Extended Alpha PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
  • Stephen Mooresince 19/09/2014
Underlying fund
Artemis US Extd Al
Fund objective
The objective of the Fund is to achieve long-term capital growth. The emphasis of the Fund is investment in companies listed, quoted and/or traded in the United States of America and in companies which are headquartered or have a significant part of their activities in the USA which are quoted on a regulated market outside the USA. The ACD actively manages the portfolio in order to achieve the objective with exposures to company shares, fixed interest securities and derivative instruments as appropriate. The ACD will not be restricted in respect of choice of investments either by company size or by industry. The Fund will use derivatives for investment purposes, including taking long and short positions, and may use leverage from time to time.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
28.7%
1 Year rank in sector
87/315
Sector
PN North America
Yield
-
Fund size
£0m
Bid price
1.271
Offer price
1.338
Top in this sector
Fund name1 Year
FL Schroder US Sm Cos AP35.9%
MetLife Bcmk Thrdnd Am Sel Pn34.6%
FL Investec American AP34.5%
L&G Invtc Am G17 Pn34.3%
Zurich American Sm Cos Pn34%
...more in PN North America

Performance snapshot

Holdings snapshot

  • USA91.1%
    Money Market11.4%
    Canada1.5%
    China-0%
    France-0.2%
  • Software20%
    Money Market11.4%
    Semi Conductors8.4%
    Financials7%
    Hardware5.8%
  • US Equities86.9%
    Money Market11.4%
    Others4.2%
    Canadian Equities1.5%
    Chinese Equities-0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.1%0.6%5.2%28.7%--
Sector-3.7%-0.1%5.6%26.3%65.4%112.1%
Rank within sector199 / 32172 / 319188 / 31787 / 315--
Quartile3rd1st3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1%----
Sector0.7%30.9%4.4%18.7%29.2%
Rank within sector123 / 319----
Quartile2nd
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 high1.35
52 week low0.95
Current bid price1.27
Current offer price1.34
Current mid price-
Region
1USA91.14%
2Money Market11.39%
3Canada1.55%
4China-0.04%
5France-0.16%
6Peru-0.24%
7Russia-0.26%
8Taiwan-0.26%
9Germany-0.33%
Industry sector
1Software20.03%
2Money Market11.39%
3Semi Conductors8.37%
4Financials6.98%
5Hardware5.75%
6Biotechnology/Medical5.62%
7Media5.06%
8Consumer Services5.01%
9Futures4.19%
Asset type
1US Equities86.94%
2Money Market11.39%
3Others4.2%
4Canadian Equities1.55%
5Chinese Equities-0.04%
6French Equities-0.16%
7Peruvian Equity-0.24%
8Russian Equities-0.26%
9Taiwanese Equities-0.26%
Individual holdings
1MICROSOFT CORP4.4%
2S&P500 EMINI FUT Jun174.19%
3ALPHABET INC4.17%
4ACTIVISION BLIZZARD INC3.17%
5APPLE INC2.97%
6LIBERTY EXPEDIA HLDGS INC2.74%
7LAM RESEARCH CORP2.73%
8HOME DEPOT INC2.59%
9T-MOBILE US INC2.56%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The objective of the Fund is to achieve long-term capital growth. The emphasis of the Fund is investment in companies listed, quoted and/or traded in the United States of America and in companies which are headquartered or have a significant part of their activities in the USA which are quoted on a regulated market outside the USA. The ACD actively manages the portfolio in order to achieve the objective with exposures to company shares, fixed interest securities and derivative instruments as appropriate. The ACD will not be restricted in respect of choice of investments either by company size or by industry. The Fund will use derivatives for investment purposes, including taking long and short positions, and may use leverage from time to time.
Benchmark
  • S&P 500
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Stephen Moore19/09/2014Stephen holds a BComm and a BA from the University of Queensland and is an associate of the Securities Institute of Australia. He began his career at First State in 1997, where he worked on the North American team, progressing to portfolio manager in 2001. In 2002 he joined Threadneedle to cover the US consumer sector. He subsequently covered the telecoms and basic materials sectors while managing a number of the company's segregated US portfolios. In 2004, he became deputy manager of Threadneedle's US hedge fund. Stephen launched the Threadneedle American Extended Alpha Fund in 2007 and became lead manager on the company's US hedge fund in 2008. In 2010, he launched the Threadneedle American Absolute Alpha Fund, a UCITS long/short fund. Stephen joined Artemis in 2014 and has managed the Artemis US Extended Alpha Fund since launch in September 2014 and the Artemis US Absolute Return Fund since launch in October 2014.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure Artemis US Extended Alpha 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 price1.271
Offer price1.338
Mid price-
CurrencyGBP
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6KJ
Data provided by

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