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 managers
  • Andreas Doerrenhaussince 01/01/2017
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
3%
1 Year rank in sector
114/135
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 Pn23%
OMW IPL 2035 Idx Lkd Gilt Pn20%
Scot Eq AegonIntcEgMtsLclCrDtPn19.7%
FL MyM HBP Blended Bnd Pn19.2%
Zurich L&G PreRtrmnt Infln Lkd18.8%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • Others52.3%
    Money Market13.1%
    USA10.7%
    Mexico4.6%
    UK4.3%
  • Derivatives52.3%
    Asset/Mortgage-Backed Securities23%
    Debt20.2%
    Investment Grade Bonds15.2%
    Money Market13.1%
  • Global Fixed Interest52.3%
    Money Market13.1%
    US Fixed Interest10.7%
    Mexican Fixed Interest4.6%
    UK Fixed Interest4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%0.4%1.1%3%--
Sector-0.5%1.3%-2.7%9.2%19.1%21.6%
Rank within sector52 / 14377 / 14119 / 141114 / 135--
Quartile2nd3rd1st4th
Calendar performance
 YTD - 20172016201520142013
Fund1%----
Sector0.2%14.1%-0.3%6.1%-3.6%
Rank within sector36 / 141----
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 high1.04
52 week low1
Current bid price1.03
Current offer price1.09
Current mid price-
Region
1Others52.31%
2Money Market13.13%
3USA10.66%
4Mexico4.57%
5UK4.3%
6Brazil3.04%
7India2.66%
8Korea2.32%
9China1.62%
Industry sector
1Derivatives52.31%
2Asset/Mortgage-Backed Securities22.97%
3Debt20.17%
4Investment Grade Bonds15.15%
5Money Market13.12%
6High Yield Bond7.32%
7Government Agency Bonds4.58%
8Others0.04%
9Government Bonds-35.66%
Asset type
1Global Fixed Interest52.31%
2Money Market13.13%
3US Fixed Interest10.66%
4Mexican Fixed Interest4.57%
5UK Fixed Interest4.32%
6Brazilian Fixed Interest3.04%
7Indian Fixed Interest2.66%
8South Korean Fixed Interest2.32%
9American Emerging Fixed Interest1.98%
Individual holdings
1FNMA 30YR TBA(REG A) 3 04/12/20174.22%
2TREASURY BOND (OTR) 3 02/15/20472.27%
3TREASURY NOTE (OTR) 2.25 02/15/20271.9%
4TREASURY NOTE (OTR) 1.625 03/15/20201.46%
5FNMA 15YR TBA(REG B) 3 04/19/20171.39%
6TREASURY NOTE (OTR) 1.25 03/31/20191.37%
7TREASURY NOTE (OTR) 2.125 03/31/20241.01%
8 FNMA 30YR 3.5% SHLB 175K 20160.96%
9SPDR BLOOMBERG BARCLAYS HIGH YIELD0.95%
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 managers
NameSinceBiography
Andreas Doerrenhaus01/01/2017Andreas, who is based in London, is head of BlackRock’s European investment grade (IG) unconstrained credit strategies and a portfolio manager in BlackRock’s Global Unconstrained Fixed Income Team. Andreas currently manages the European IG unconstrained credit strategies in BGF FIGO and contributes towards the idea generation and investment process of the fund as well as the risk/capital allocation process. His addition as co-manager is a formalisation of Andreas’ historic and ongoing contribution to the fund’s investment process. Prior to joining BlackRock in 2010, Andreas worked as a credit portfolio manager at Deutsche Bank Group - Deutsche Asset Management. Before joining Deutsche Bank, he worked as a banker for Commerzbank AG and as a consultant for KPMG Consulting - BearingPoint. Andreas earned a Diplom-Kaufmann degree in finance and international management from the Katholische Universitaet Eichstaett (WFI).
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 updated27/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6KM
Data provided by

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