Fact sheet: ReAssure Henderson Eur Fcus PPB Pn

Fund information
Fund name
ReAssure Henderson European Focus PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • John Bennettsince 01/02/2010
  • Asim Rahmansince 30/04/2014
Underlying fund
Henderson European Focus
Fund objective
The fund aims to provide long-term capital growth by investing in a portfolio of European (excluding the UK) company shares. The fund will be concentrated in terms of the number of companies it invests in.
Benchmark
  • FTSE World Eur Ex UK
Investment style
130/30
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Europe Excluding UK
Yield
-
Fund size
£0m
Bid price
1.081
Offer price
1.138
Top in this sector
Fund name1 Year
OMW Old Mut Euro (ex UK) Sm Cos28.1%
OMW Henderson Euro Sm Cos24.3%
SIP Hend Eurpn Sm Cos Pn24.1%
Guardian Choices European Pn23.4%
L&G JPM Europe Sm Cos Pn19.5%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Switzerland24%
    Germany22.6%
    Sweden12.3%
    Netherlands8.4%
    France5.9%
  • Financials27.8%
    Industrials17.1%
    Health Care15.2%
    Consumer Goods13.7%
    Basic Materials9.3%
  • Swiss Equities24%
    German Equities22.6%
    Swedish Equities12.3%
    Dutch Equities8.4%
    French Equities5.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4.1%-0.4%10.2%---
Sector-5.8%-0.8%8.9%10.2%20.2%75.9%
Rank within sector27 / 368119 / 367146 / 367---
Quartile1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector8.6%9.4%-0.2%25.6%19.2%
Rank within sector-----
Quartile
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 high1.15
52 week low0.95
Current bid price1.08
Current offer price1.14
Current mid price-
Region
1Switzerland24.03%
2Germany22.6%
3Sweden12.35%
4Netherlands8.4%
5France5.88%
6Italy5.25%
7Portugal5.17%
8Spain4.46%
9Denmark4.15%
Industry sector
1Financials27.85%
2Industrials17.06%
3Health Care15.22%
4Consumer Goods13.74%
5Basic Materials9.31%
6Oil & Gas6.83%
7Consumer Services4.72%
8Technology4.55%
9Telecommunications4.44%
Asset type
1Swiss Equities24.03%
2German Equities22.6%
3Swedish Equities12.35%
4Dutch Equities8.4%
5French Equities5.88%
6Italian Equities5.25%
7Portuguese Equities5.17%
8Spanish Equities4.46%
9Danish Equities4.15%
Individual holdings
1NOVARTIS AG8.25%
2ROCHE HLDG AG7.12%
3NESTLE SA5.43%
4GALP ENERGIA SGPS4.04%
5SAP SE4.02%
6RELX NV3.46%
7COM HEM HLDG AB3.39%
8AUTOLIV INC3.27%
9FRESENIUS SE & CO KGAA3%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The fund aims to provide long-term capital growth by investing in a portfolio of European (excluding the UK) company shares. The fund will be concentrated in terms of the number of companies it invests in.
Benchmark
  • FTSE World Eur Ex UK
Investment style
130/30
Investment method
Shares
Fund managers
NameSinceBiography
John Bennett01/02/2010John Bennett has a 28-year track record of managing European equities. He joined Henderson as a Director of European Equities in April 2011, as part of the Gartmore acquisition. John manages a number of Continental and Pan European funds as well as European long/short funds. John joined Gartmore in 2010 from GAM where he spent 17 years as a fund manager. During this time he managed their flagship European long only and European equity long/short hedge fund, which was launched in June 1998. Prior to GAM, John was a fund manager at Ivory and Sime and has been a Member of the Chartered Institute of Bankers in Scotland since 1987.
Asim Rahman30/04/2014Asim Rahman joined Henderson in 2011 as a Fund Manager. He previously worked with John Bennett at Gartmore and GAM where he was an Investment Analyst from 2003. Prior to joining GAM, Asim was a Financial Analyst in Goldman Sachs’ Investment Banking Division. Asim holds an MA in Economics from Cambridge University and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure Henderson European Focus 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 price1.081
Offer price1.138
Mid price-
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6KT
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.