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 01/05/2014
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
1.213
Offer price
1.277
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn49.2%
Scot Eq Neptune Eur Opps Pn49.1%
RLP EurSpl(NeptuneEurpOpp)Pn47.9%
SIP Neptune Eurpn Opps Pn47.7%
L&G Neptune European Opps Pn47%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany26.1%
    Switzerland21.5%
    France15%
    Sweden8.5%
    Belgium5.6%
  • Health Care33.6%
    Financials18.5%
    Industrials13%
    Consumer Discretionary11.7%
    Consumer Staples10.5%
  • German Equities26.1%
    Swiss Equities21.5%
    French Equities15%
    Swedish Equities8.5%
    Belgian Equities5.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.8%6.8%9.8%---
Sector4.1%6.5%9.9%23.2%30.8%77.3%
Rank within sector29 / 372162 / 370180 / 370---
Quartile1st2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund5.8%----
Sector5.6%15.8%9.4%-0.2%25.6%
Rank within sector177 / 370----
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 high1.23
52 week low0.95
Current bid price1.21
Current offer price1.28
Current mid price-
Region
1Germany26.09%
2Switzerland21.52%
3France15.02%
4Sweden8.47%
5Belgium5.59%
6Netherlands4.95%
7Denmark3.95%
8Norway3.44%
9Spain3.26%
Industry sector
1Health Care33.58%
2Financials18.5%
3Industrials12.99%
4Consumer Discretionary11.66%
5Consumer Staples10.51%
6Materials4.78%
7Telecommunications Utilities3.31%
8Utilities2.79%
9Money Market0.96%
Asset type
1German Equities26.09%
2Swiss Equities21.52%
3French Equities15.02%
4Swedish Equities8.47%
5Belgian Equities5.59%
6Dutch Equities4.95%
7Danish Equities3.95%
8Norwegian Equities3.44%
9Spanish Equities3.26%
Individual holdings
1NOVARTIS AG6.75%
2ROCHE HLDG AG6.75%
3BAYER AG5.17%
4FRESENIUS SE & CO KGAA5.12%
5NESTLE SA4.21%
6HENKEL AG & CO KGAA3.98%
7AUTOLIV INC3.79%
8NOVO NORDISK A/S2.75%
9CONTINENTAL AG2.45%
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 Rahman01/05/2014Asim 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 price1.213
Offer price1.277
Mid price-
CurrencyGBP
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6KT
Data provided by

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