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 14/04/2016
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
-
1 Year rank in sector
-
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£0m
Bid price
1.041
Offer price
1.096
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc13.8%
AXA Wealth AXA Fram Mgd Inc Pn13.2%
Canlife AXA Fram Mgd Inc Pn13.1%
LV= Artemis High Income Pn12%
Aviva Art High Income Pn11%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK30.8%
    North America27.5%
    Europe19.2%
    Money Market16.1%
    Asia Pacific6.4%
  • High Yield Bond36.7%
    Investment Grade Corporate Bonds32.9%
    Money Market16.2%
    Debt6.8%
    Government Bonds5.8%
  • Global Investment Grade Fixed Interest32.9%
    Money Market16.1%
    UK High Yield Fixed Interest12.4%
    European High Yield Fixed Interest12.1%
    North American High Yield Fixed Interest11.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%-0.6%0.3%---
Sector1.2%0.7%2.6%7.5%12.9%38.2%
Rank within sector126 / 173149 / 172148 / 172---
Quartile3rd4th4th
Calendar performance
 YTD - 20172016201520142013
Fund0.5%----
Sector0.5%6.7%0.7%5.6%5.9%
Rank within sector101 / 173----
Quartile3rd
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 high1.06
52 week low1
Current bid price1.04
Current offer price1.1
Current mid price-
Region
1UK30.78%
2North America27.49%
3Europe19.22%
4Money Market16.14%
5Asia Pacific6.36%
Industry sector
1High Yield Bond36.7%
2Investment Grade Corporate Bonds32.9%
3Money Market16.2%
4Debt6.8%
5Government Bonds5.8%
6Preference Shares1.2%
7Asset/Mortgage-Backed Securities0.4%
Asset type
1Global Investment Grade Fixed Interest32.94%
2Money Market16.14%
3UK High Yield Fixed Interest12.41%
4European High Yield Fixed Interest12.1%
5North American High Yield Fixed Interest11.67%
6Asia Pacific Government Fixed Interest5.85%
7North American Fixed Interest4.88%
8European Fixed Interest1.88%
9Preference Shares1.2%
Individual holdings
1AUSTRALIA(COMMONWEALTH OF) 1.75% BDS 21/11/20 AUD1002.9%
2AUSTRALIAN COMMONWEALTH GOVT 3.25PCT MAT 21/10/20182%
3DIAMOND 1 FIN/DIAMOND 2 8.1% BDS 15/07/36 USD1000 REG S1.5%
4BARCLAYS BANK 6.278% 20491.4%
5HBOS STERLING FINANCE JERSEY 7.881% 20491.4%
6DAILY MAIL & GENERAL TRUST 5.75% BDS 7/12/18 GBP(VAR)1.3%
7BNP PARIBAS 7.195% 20491.2%
8BUPA FINANCE 6.125% 20491.2%
9HSBC BANK CAPITAL FUNDING STERLING 1 5.844% 20491.2%
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 Pattullo14/04/2016John 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 price1.041
Offer price1.096
Mid price-
CurrencyGBP
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6KU
Data provided by

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