Fact sheet: ReAssure BKFIOpp(Sterling Hdg)PPBPn

Fund information
Fund name
ReAssure BlackRock FI Opp (Sterling Hedged) PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
  • Rick Riedersince 14/04/2016
Underlying fund
BlackRock GF FdIc GblOp
Fund objective
The Fixed Income Global Opportunities Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in fixed income transferable securities denominated in various currencies issued by governments, agencies and companies worldwide. The full spectrum of available securities, including non-investment grade, may be utilised. Currency exposure is flexibly managed.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Global Fixed Interest
Yield
-
Fund size
£0m
Bid price
1.033
Offer price
1.088
Top in this sector
Fund name1 Year
Baillie Gifford Emerg Mrkts Bd Pn32.5%
Scot Eq AegonIntcEgMtsLclCrDtPn28.7%
Scot Eq Broker AMR Managed Pn25.2%
OMW M&G Glbl Government Bond23.8%
OMW M&G Global Macro Bd22.3%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • Others39.2%
    Money Market22%
    USA18.2%
    UK4.2%
    Japan2.9%
  • Derivatives39.2%
    Asset/Mortgage-Backed Securities24.9%
    Investment Grade Bonds22.9%
    Money Market22%
    Debt11.8%
  • Global Fixed Interest39.2%
    Money Market22%
    US Fixed Interest18.2%
    UK Fixed Interest4.2%
    American Emerging Fixed Interest4.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%1.5%1.2%---
Sector-1.1%0.1%-2.6%10.8%19.7%19%
Rank within sector19 / 14418 / 14412 / 140---
Quartile1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund1%----
Sector-0.3%14.1%-0.3%6.1%-3.6%
Rank within sector11 / 144----
Quartile1st
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 high1.03
52 week low1
Current bid price1.03
Current offer price1.09
Current mid price-
Region
1Others39.21%
2Money Market22.03%
3USA18.16%
4UK4.15%
5Japan2.94%
6Mexico2.54%
7India2.25%
8Cayman Islands2.18%
9Brazil2.04%
Industry sector
1Derivatives39.21%
2Asset/Mortgage-Backed Securities24.91%
3Investment Grade Bonds22.92%
4Money Market22.03%
5Debt11.82%
6High Yield Bond9.09%
7Government Agency Bonds1.69%
8Others0.65%
9Government Bonds-32.32%
Asset type
1Global Fixed Interest39.21%
2Money Market22.03%
3US Fixed Interest18.16%
4UK Fixed Interest4.18%
5American Emerging Fixed Interest4.16%
6Japanese Fixed Interest2.94%
7Mexican Fixed Interest2.54%
8Indian Fixed Interest2.25%
9Brazilian Fixed Interest2.04%
Individual holdings
1FGOLD 30YR TBA(REG A) 4 02/13/20174.65%
2FGOLD 30YR 2015 PRODUCTION3.29%
3FNMA 30YR TBA(REG A) 3.5 02/13/20172.67%
4TREASURY NOTE (OTR) 2 11/15/20262.47%
5TREASURY (CPI) NOTE 0.125 04/15/20192.29%
6TREASURY BOND (OTR) 2.875 11/15/20462.19%
7TREASURY (CPI) NOTE 0.125 07/15/20261.87%
8JAPAN(GOVERNMENT OF) 0.1% BDS 15/09/17 JPY10001.85%
9SPDR BLOOMBERG BARCLAYS HIGH YIELD1.76%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The Fixed Income Global Opportunities Fund seeks to maximise total return. The Fund invests at least 70% of its total assets in fixed income transferable securities denominated in various currencies issued by governments, agencies and companies worldwide. The full spectrum of available securities, including non-investment grade, may be utilised. Currency exposure is flexibly managed.
Benchmark
  • No Specified Index
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Rick Rieder14/04/2016Rick Rieder, Managing Director, is BlackRock's Chief Investment Officer of Fundamental Fixed Income, Co-head of Americas Fixed Income and a member of the Executive Committee of the firm-wide Alpha Strategy business, a member of BlackRock's Global Operating Committee and Chairman of the BlackRock Investment Council. Before joining BlackRock in 2009, Mr. Rieder was President and Chief Executive Officer of R3 Capital Partners. He served as Vice Chairman and member of the Borrowing Committee for the U.S. Treasury. Mr. Rieder is currently a member of the Federal Reserve Bank of New York's Investment Advisory Committee on Financial Markets, and was recently elected as the 2013 inductee into the Fixed Income Analysts Society Fixed Income Hall of Fame. From 1987 to 2008, Mr. Rieder was with Lehman Brothers, most recently as head of the firm's Global Principal Strategies team, a global proprietary investment platform. He was also global head of the firm's credit businesses, Chairman of the Corporate Bond and Loan Capital Commitment Committee, and a member of the Board of Trustees for the corporate pension fund. Before joining Lehman Brothers, Mr. Rieder was a credit analyst at SunTrust Banks in Atlanta. Mr. Rieder earned a BBA degree in Finance from Emory University in 1983 and an MBA degree from The Wharton School of the University of Pennsylvania in 1987. He is a member of the board of Emory University, Emory's Business School, and the University's Investment Committee and is the Vice Chairman of the Finance Committee, and founder and chairman of the business school's BBA investment fund and community financial literacy program. Mr. Rieder serves as Chairman of the Board of North Star Academy's nine Charter Schools in Newark, New Jersey and is the Founder and Chairman of the Board of Graduation Generation Public School Collaboration in Atlanta. He is a Trustee for the US Olympic Committee, and on the board of advisors for the Hospital for Special Surgery. He serves on the National Leadership Council of the Communities in Schools Educational Foundation and the boards of Big Brothers/Big Sisters of Newark and Essex County and the Newark Youth Foundation.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure BlackRock FI Opp (Sterling Hedged) PPB Pn
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1.033
Offer price1.088
Mid price-
CurrencyGBP
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6KM
Data provided by

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