Fact sheet: ReAssure JOHCMJOHambroUKEqIncPPB Pn

Fund information
Fund name
ReAssure JOHCM JO Hambro UK Eq Income PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • James Lowensince 31/08/2007
  • Clive Beaglessince 31/03/2008
Underlying fund
JOHCM UK Equity Income
Fund objective
The aim of the Fund is to achieve long-term capital appreciation and generate an above average dividend yield which will grow over time primarily through investment in transferable securities although the Fund may also be invested in money market instruments, deposits, warrants and units in other collective investment schemes. The Fund will aim to achieve this objective mainly through investments in Eq securities that are listed on the London Stock Exchange (or other relevant UK exchanges). The vast majority of stocks selected will be constituents of the index that represents the 350 largest companies on the London Stock Exchange although there is likely to also be a number of smaller company stocks. Performance of the Fund will be measured against the index that represents UK companies on the London Stock Exchange. At all times at least two thirds of the Fund’s total assets will be invested in Eq securities of companies domiciled or exercising the predominant part of their economic activity in the United Kingdom.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN UK Equity Income
Yield
-
Fund size
£0m
Bid price
1.114
Offer price
1.173
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income31.3%
OMW IPLM&GGlLePn25.8%
FL Income Accumulation Pn25.7%
FL Schroder Inc AP25.4%
Zurich Schroder Income Pn24.6%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK99.7%
    Money Market0.3%
  • Financials36.2%
    Oil & Gas16.8%
    Industrials16.3%
    Consumer Services11.7%
    Basic Materials6.4%
  • UK Equities99.7%
    Money Market0.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.3%5.4%12.8%---
Sector1.3%-0.7%7.2%9.3%20.2%62.5%
Rank within sector14 / 22924 / 22929 / 229---
Quartile1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector8.2%3.9%3.7%23.2%13.2%
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 high1.1
52 week low0.91
Current bid price1.11
Current offer price1.17
Current mid price-
Region
1UK99.68%
2Money Market0.32%
Industry sector
1Financials36.22%
2Oil & Gas16.84%
3Industrials16.34%
4Consumer Services11.7%
5Basic Materials6.41%
6Telecommunications5.27%
7Health Care4.56%
8Utilities1.53%
9Technology0.82%
Asset type
1UK Equities99.68%
2Money Market0.32%
Individual holdings
1ROYAL DUTCH SHELL8.91%
2BP7.09%
3HSBC HLDGS6.8%
4VODAFONE GROUP PLC5.27%
5RIO TINTO4.59%
6ASTRAZENECA PLC4.56%
7LLOYDS BANKING GROUP PLC4.46%
8BARCLAYS PLC4.18%
9AVIVA3.77%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The aim of the Fund is to achieve long-term capital appreciation and generate an above average dividend yield which will grow over time primarily through investment in transferable securities although the Fund may also be invested in money market instruments, deposits, warrants and units in other collective investment schemes. The Fund will aim to achieve this objective mainly through investments in Eq securities that are listed on the London Stock Exchange (or other relevant UK exchanges). The vast majority of stocks selected will be constituents of the index that represents the 350 largest companies on the London Stock Exchange although there is likely to also be a number of smaller company stocks. Performance of the Fund will be measured against the index that represents UK companies on the London Stock Exchange. At all times at least two thirds of the Fund’s total assets will be invested in Eq securities of companies domiciled or exercising the predominant part of their economic activity in the United Kingdom.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
James Lowen31/08/2007James Lowen co-manages the JOHCM UK Equity Income Fund, alongside Clive Beagles. James is a qualified Chartered Accountant and joined Newton Investment Management in 1998 as a member of their Research Department. At Newton, he was an Investment Director, a member of the UK Policy Group (responsible for setting UK equity strategy) and the investment committee, and was Investment Leader for corporate governance issues. James holds a first class degree in Economics from the University of Exeter and is an associate member of the Institute of Investment Management and Research.
Clive Beagles31/03/2008Clive Beagles co-manages the JOHCM UK Equity Income Fund, alongside James Lowen, and is one of the UK's most highly respected equity income managers. Prior to joining JOHCM, Clive worked at Newton Investment Management as Investment Leader, UK Equities and managed the successful Newton Higher Income Fund for three years. Clive holds a BA (Hons) in Economics and is an associate member of the Institute of Investment Management and Research.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure JOHCM JO Hambro UK Eq Income 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 price1.114
Offer price1.173
Mid price-
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6KZ
Data provided by

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