Fact sheet: ReAssure Henderson Strtgc Bd PPB Pn

Fund information
Fund name
ReAssure Henderson Strategic Bond PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
  • John Pattullosince 15/04/2016
Underlying fund
Henderson Strategic Bond
Fund objective
To provide a return by investing in higher yielding assets including high yield bonds, investment grade bonds, government bonds, preference shares and other bonds. The Fund may also invest in equities.
Benchmark
  • IA £ Strategic
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
6.8%
1 Year rank in sector
119/168
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£0m
Bid price
1.073
Offer price
1.129
Top in this sector
Fund name1 Year
Zurich Artemis High Income Pn13.7%
LV= Artemis High Income Pn13.3%
SIP BG Corporate Bd Pn13.1%
Canlife AXA Fram Mgd Inc Pn12.9%
OMW AXA Framlington Mgd Inc12.8%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK39.4%
    North America32.6%
    Europe14.9%
    Money Market8.2%
    Asia Pacific4.9%
  • High Yield Bond40.2%
    Investment Grade Corporate Bonds33.8%
    Government Bonds15.4%
    Debt4.9%
    Money Market4.1%
  • Global Investment Grade Fixed Interest33.8%
    North American High Yield Fixed Interest17.3%
    UK High Yield Fixed Interest12.7%
    European High Yield Fixed Interest9.1%
    UK Gilts7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%2.1%4.5%6.8%--
Sector1.1%2%4.7%8.1%13.1%36.9%
Rank within sector115 / 17069 / 170104 / 169119 / 168--
Quartile3rd2nd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.6%----
Sector3.3%6.7%0.7%5.6%5.9%
Rank within sector72 / 170----
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 high1.07
52 week low1
Current bid price1.07
Current offer price1.13
Current mid price-
Region
1UK39.35%
2North America32.58%
3Europe14.95%
4Money Market8.18%
5Asia Pacific4.94%
Industry sector
1High Yield Bond40.2%
2Investment Grade Corporate Bonds33.8%
3Government Bonds15.4%
4Debt4.9%
5Money Market4.1%
6Preference Shares1.2%
7Asset/Mortgage-Backed Securities0.4%
Asset type
1Global Investment Grade Fixed Interest33.81%
2North American High Yield Fixed Interest17.31%
3UK High Yield Fixed Interest12.72%
4European High Yield Fixed Interest9.11%
5UK Gilts7.04%
6Asia Pacific Government Fixed Interest5.5%
7Alternative Investment Strategies3.48%
8North American Government Fixed Interest2.85%
9North American Fixed Interest2.63%
Individual holdings
1TREASURY 1.5% GILT 22/07/26 GBP0.016.1%
2AUSTRALIA(COMMONWEALTH OF) 1.75% TB 21/11/20 AUD100 (CDI)4.6%
3UNITED STATES TREASURY BOND 1.75% 20204.6%
4ALTICE US FINANCE I CORP 5.5% BDS 15/05/26 USD2000001.4%
5HBOS STERLING FINANCE JERSEY 7.881% 20491.4%
6WACHOVIA CAPITAL TRUST III 5.5698% 20491.4%
7BARCLAYS BANK 6.278% 20491.3%
8BUPA FINANCE 6.125% 20491.2%
9DAILY MAIL & GENERAL TRUST 5.75% BDS 7/12/18 GBP(VAR)1.2%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
To provide a return by investing in higher yielding assets including high yield bonds, investment grade bonds, government bonds, preference shares and other bonds. The Fund may also invest in equities.
Benchmark
  • IA £ Strategic
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
John Pattullo15/04/2016John Pattullo is the Co-Head of Strategic Fixed Income at Henderson. With more than 20 years of experience investing in the credit markets, John co-manages a number of funds with Jenna Barnard. Prior to joining Henderson in 1997, John spent four years as a chartered accountant at PricewaterhouseCoopers. John has an MA (Hons) in Economics from the University of St Andrews. He is a member of the Institute of Chartered Accountants of Scotland and an Associate Member of the Society of Investment Professionals.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure Henderson Strategic Bond 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 price1.073
Offer price1.129
Mid price-
CurrencyGBP
Price updated24/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6KU
Data provided by

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