Fact sheet: ReAssure GLG UK Select PPB Pn

Fund information
Fund name
ReAssure GLG UK Select PPB Pn C
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
  • Charles Longsince 14/04/2016
Underlying fund
Man GLG UK Select
Fund objective
The Fund seeks a high total return by investing, directly or indirectly, primarily in equities and equity linked securities (securities whose returns are determined by the performance of the underlying equities) of UK companies or of companies which derive a substantial part of their revenues from the UK. It may also invest in money market securities, fixed and floating rate government and corporate bonds, bonds convertible into common stock, preferred shares and other fixed income investments.
Benchmark
  • ICB Supersector (Dynamic)
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN UK All Companies
Yield
-
Fund size
£0m
Bid price
1.047
Offer price
1.102
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn68.9%
Fidelity UBS UK Select Pn38.7%
Pru M&G Recovery Pn38.4%
Halifax IM UK Growth Pn38.3%
CM UBS UK Opportunities Pension38.1%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK94.2%
    Switzerland2.3%
    Money Market2.3%
    Ireland1.1%
    Africa ex S Africa0%
  • Financials27.3%
    Industrials17.5%
    Consumer Staples11.2%
    Energy10.6%
    Consumer Discretionary10.5%
  • UK Equities99.6%
    Money Market0.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%8.4%4.9%---
Sector1.9%7%6.9%20.5%16.4%56.3%
Rank within sector353 / 86998 / 868642 / 861---
Quartile2nd1st3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.5%----
Sector2.9%10.2%4.4%0.6%24.2%
Rank within sector212 / 868----
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 high1.05
52 week low0.89
Current bid price1.05
Current offer price1.1
Current mid price-
Region
1UK94.25%
2Switzerland2.31%
3Money Market2.3%
4Ireland1.11%
5Africa ex S Africa0.01%
6Germany0.01%
7United Arab Emirates0.01%
Industry sector
1Financials27.34%
2Industrials17.46%
3Consumer Staples11.22%
4Energy10.58%
5Consumer Discretionary10.53%
6Health Care6.03%
7Materials4.76%
8Real Estate3.01%
9Telecommunications Utilities2.63%
Asset type
1UK Equities99.55%
2Money Market0.45%
Individual holdings
1HSBC HLDGS7.59%
2ROYAL DUTCH SHELL6.11%
3RELX PLC5.36%
4BRITISH AMERICAN TOBACCO5.26%
5BP4.48%
6WPP PLC4.02%
7AVIVA3.46%
8GLAXOSMITHKLINE3.29%
9RENTOKIL INITIAL3.16%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The Fund seeks a high total return by investing, directly or indirectly, primarily in equities and equity linked securities (securities whose returns are determined by the performance of the underlying equities) of UK companies or of companies which derive a substantial part of their revenues from the UK. It may also invest in money market securities, fixed and floating rate government and corporate bonds, bonds convertible into common stock, preferred shares and other fixed income investments.
Benchmark
  • ICB Supersector (Dynamic)
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Charles Long14/04/2016Charlie joined GLG in January 2002 from Morgan Stanley. Charlie is an asset manager on the UK team managing both hedge fund and long only strategies. He is focused on fundamental stock picking. He graduated from the University of Oxford in 2001 with a degree in chemistry (MChem, First Class) and became a CFA charterholder in 2005.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure GLG UK Select PPB Pn C
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1.047
Offer price1.102
Mid price-
CurrencyGBP
Price updated22/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6KS
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.