Fact sheet: ReAssure HL Nwtn IdxLkd GiltPn

Fund information
Fund name
ReAssure HL Newton Index Linked Gilt Pn 1
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
  • Howard Cunninghamsince 11/03/2010
Underlying fund
Newton Index Linked Gilt
Fund objective
The objective of the Sub-Fund is to maximise returns by investment in a portfolio of predominantly sterling index linked gilts.
Benchmark
  • FTSE A (Index Linked) British Govt Over 5 Years
Investment style
Active
Investment method
None
Quick stats
1 Year return
19.1%
1 Year rank in sector
16/146
Sector
PN UK Index - Linked Gilts
Yield
-
Fund size
£0m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
100
Bid price
232.14
Offer price
232.14
Top in this sector
Fund name1 Year
SSgA Uk Idx Lkd Gilt Mar 2062 Pn27.4%
SSgA UK Idx Lkd Gilt Nov2055 Pn21.9%
SSgA UK Idx Lkd Glt Mar 2050 Pn20.8%
L&G Ovr 15Yr IdxLkd GltsIdx Pn20.3%
SSgA MPF Ovr 15Y IL Gilt Pn20.3%
...more in PN UK Index - Linked Gilts

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.1%-6.3%16.4%19.1%42.5%50.8%
Sector-5.1%-6.5%14.1%16.3%37.8%44.4%
Rank within sector38 / 15138 / 15019 / 15016 / 14637 / 13630 / 119
Quartile2nd2nd1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund23.4%-1.7%20%-0.6%0.7%
Sector20%-1.5%18.7%0.1%-0.1%
Rank within sector23 / 14778 / 14052 / 136107 / 12814 / 119
Quartile1st3rd2nd4th1st
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.
0.26
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.
1.05
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.
0.83
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%.
11.85
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.
1.68
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.
0.48
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.
0.98
Price movement
52 week high252.78
52 week low188.14
Current bid price232.14
Current offer price232.14
Current mid price-
Region
1UK98.83%
2Money Market1.17%
Industry sector
1AA90.87%
2AAA5.49%
3A2.47%
4Money Market1.17%
Asset type
1UK Gilts91.35%
2UK Fixed Interest7.48%
3Money Market1.17%
Individual holdings
1TREASURY 1.25% IDX-LKD GILT 22/11/55 GBP0.017.39%
2TREASURY 0.25% IDX LKD GILT 22/3/52 GBP6.76%
3TREASURY 0.5% IDX LKD GILT 22/3/50 GBP0.016.35%
4TREASURY 0.75% IDX LKD GILT 22/11/47 GBP6.35%
5TREASURY 2 1/2% IDX-LINKED GILT 20246.2%
6TREASURY 1.125% IDX GILT 22/11/37 GBP6.01%
7TREASURY 2% IDX-LINKED GILT 20355.46%
8TREASURY 0.375% IDX-LKD GILT 22/03/62 GBP5.26%
9TREASURY 0.125% GILT 22/03/68 GBP0.014.88%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The objective of the Sub-Fund is to maximise returns by investment in a portfolio of predominantly sterling index linked gilts.
Benchmark
  • FTSE A (Index Linked) British Govt Over 5 Years
Investment style
Active
Investment method
None
Fund manager
NameSinceBiography
Howard Cunningham11/03/2010Howard is a fixed income portfolio manager. He joined Newton in 2000 as a senior credit analyst with particular responsibility for investment-grade bonds, and took on portfolio management responsibilities in 2002. In addition to his responsibilities as manager of the Newton Long Gilt Fund, Newton Index-linked Fund , Newton Long Corporate Bond Fund and certain segregated credit portfolios, he is also the co-manager of the Newton Global Dynamic Bond Fund. Howard began his career in NatWest Group, working in a variety of corporate relationship and credit roles. He is an Associate of the Chartered Institute of Bankers, and a member of the UK Society for Investment Professionals. 15 years at Newton and 28 years investment experience
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure HL Newton Index Linked Gilt Pn 1
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price232.14
Offer price232.14
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI9KG
ReAssure HL Newton Index Linked Gilt Pn 4
Initial charge-
Annual charge0.65%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price232.14
Offer price232.14
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeMSPS
ReAssure HL Newton Index Linked Gilt Pn 5
Initial charge-
Annual charge0.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price234.21
Offer price234.21
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeMSPQ
Data provided by

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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.