Fact sheet: ReAssure Jupiter Strtgc Bd PPB Pn

Fund information
Fund name
ReAssure Jupiter Strategic Bond PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
  • Ariel Bezalelsince 02/06/2008
Underlying fund
Jupiter Strategic Bond
Fund objective
To attain the objective by seeking out the best opportunities within the fixed interest universe globally. The Fund invests in higher yielding assets including high yield bonds, investment grade bonds, government bonds, preference shares, convertible bonds and other bonds. The Fund may invest in derivatives and forward transactions for investment purposes. The Manager may also enter into derivative transactions for the purpose of efficient management of the portfolio (including, but not limited to, forward currency transactions to hedge exposure in Euro denominated bonds back into sterling).
Benchmark
  • Markit iBoxx GBP Non-Gilts
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
7.7%
1 Year rank in sector
79/171
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£0m
Bid price
1.076
Offer price
1.133
Top in this sector
Fund name1 Year
SIP BG Corporate Bd Pn12.9%
Canlife AXA Fram Mgd Inc Pn12.3%
AXA Wealth AXA Fram Mgd Inc Pn12.2%
OMW AXA Framlington Mgd Inc12.1%
LV= Artemis High Income Pn11.6%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK26.7%
    Asia Pacific ex Japan22%
    North America19.1%
    Latin America4.4%
    European Emerging Markets3.6%
  • AAA24.5%
    B21.4%
    BB19.7%
    Non-Rated14%
    BBB10.2%
  • UK Fixed Interest26.7%
    Asia Pacific ex Japan Fixed Interest22%
    North American Fixed Interest19.1%
    American Emerging Fixed Interest4.4%
    European Emerging Fixed Interest3.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%1.5%1.7%7.7%--
Sector0.9%2%2.3%7.3%12.7%35.7%
Rank within sector139 / 173114 / 173124 / 17179 / 171--
Quartile4th3rd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.2%----
Sector2.4%6.7%0.7%5.6%5.9%
Rank within sector98 / 172----
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 high1.08
52 week low1
Current bid price1.08
Current offer price1.13
Current mid price-
Region
1UK26.66%
2Asia Pacific ex Japan22%
3North America19.07%
4Latin America4.42%
5European Emerging Markets3.57%
6Middle East1.7%
7Africa0.52%
8Japan-4.2%
9Europe ex UK-8.44%
Industry sector
1AAA24.53%
2B21.41%
3BB19.71%
4Non-Rated14.03%
5BBB10.24%
6CCC2.95%
7AA2.49%
8A1.94%
9Others-31.98%
Asset type
1UK Fixed Interest26.66%
2Asia Pacific ex Japan Fixed Interest22%
3North American Fixed Interest19.07%
4American Emerging Fixed Interest4.42%
5European Emerging Fixed Interest3.57%
6Middle East & African Fixed Interest1.7%
7African Fixed Interest0.52%
8Japanese Fixed Interest-4.2%
9Europe ex UK Fixed Interest-8.44%
Individual holdings
1UNITED STATES OF AMER TREAS BILLS 3% BDS 15/02/47 USD1005.8%
2UNITED STATES TREAS NOTES 2.25% BDS 15/02/27 USD10004.26%
3AUSTRALIAN GOVT LOANS(CMNWLTH OF) 3.75% LN STK 21/04/37 AUD1003.93%
4UNITED STATES OF AMER TREAS BONDS 2.25% BDS 15/08/46 USD1003.07%
5AUSTRALIAN GOVT LOANS(CMNWLTH OF) 4.25% LN STK 21/04/26 AUD1002.9%
6NEWMONT MINING CORP 1.625% CNV BDS 15/07/17 USD1.35%
7AUSTRALIA(COMMONWEALTH OF) 4.5% TB 21/04/33 AUD100 (CDI)1.3%
8AUSTRALIA(COMMONWEALTH OF) 3.25% TB 21/04/29 AUD100 (CDI)1.19%
9BELLSOUTH 4.4% 26/04/211.12%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
To attain the objective by seeking out the best opportunities within the fixed interest universe globally. The Fund invests in higher yielding assets including high yield bonds, investment grade bonds, government bonds, preference shares, convertible bonds and other bonds. The Fund may invest in derivatives and forward transactions for investment purposes. The Manager may also enter into derivative transactions for the purpose of efficient management of the portfolio (including, but not limited to, forward currency transactions to hedge exposure in Euro denominated bonds back into sterling).
Benchmark
  • Markit iBoxx GBP Non-Gilts
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Ariel Bezalel02/06/2008Ariel Bezalel started his career at Jupiter and has been a member of the Fixed Interest & Multi-Asset Team since 1998 and a fund manager since 2000. He currently manages the Jupiter Strategic Bond Fund (Unit Trust) and the Jupiter Dynamic Bond fund (SICAV). Ariel has a degree in Economics from Middlesex University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure Jupiter Strategic Bond 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 price1.076
Offer price1.133
Mid price-
CurrencyGBP
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6LA
Data provided by

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