Fact sheet: ReAssure L&G European Index PPB Pn

Fund information
Fund name
ReAssure L&G European Index PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
  • LGIM Index Fund Management Teamsince 29/09/2013
Underlying fund
L&G European Index Tst
Fund objective
The objective of this fund is to provide growth by tracking the performance of the index that comprises Large and Mid cap stocks providing coverage of the markets in Europe excluding the UK. The fund will invest almost entirely in company shares. The fund's investments will closely match those that make up the Index. The Index consists of a broad spread of European company shares (excluding UK companies). The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes: To help with efficient day to day management; to reduce some of the risks of the market.
Benchmark
  • FTSE Wld Europe Ex-UK MD (12:00UK)
Investment style
Passive/Tracking
Investment method
Shares, Physical – Sampled/Optimised
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Europe Excluding UK
Yield
-
Fund size
£0m
Bid price
1.1
Offer price
1.158
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn28.2%
Scot Eq Neptune Eur Opps Pn28.2%
RLP EurSpl(NeptuneEurpOpp)Pn27.2%
Guardian Choices European Pn26.3%
SIP Neptune Eurpn Opps Pn25.2%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • Germany20.1%
    France19.5%
    Switzerland19.4%
    Netherlands7.4%
    Spain7.1%
  • Financials21.6%
    Consumer Goods19.7%
    Industrials15.2%
    Health Care12.5%
    Basic Materials8.3%
  • German Equities20.1%
    French Equities19.5%
    Swiss Equities19.4%
    Dutch Equities7.4%
    Spanish Equities7.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%0.9%10.3%---
Sector-1.1%0.3%9.4%12.5%26%77.6%
Rank within sector184 / 369122 / 369148 / 368---
Quartile2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector11%9.4%-0.2%25.6%19.2%
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 high1.16
52 week low0.94
Current bid price1.1
Current offer price1.16
Current mid price-
Region
1Germany20.06%
2France19.5%
3Switzerland19.4%
4Netherlands7.42%
5Spain7.06%
6Sweden6.19%
7Italy4.03%
8Denmark3.8%
9Others3.73%
Industry sector
1Financials21.57%
2Consumer Goods19.67%
3Industrials15.18%
4Health Care12.53%
5Basic Materials8.29%
6Consumer Services5.62%
7Oil & Gas4.38%
8Technology4.37%
9Telecommunications3.95%
Asset type
1German Equities20.06%
2French Equities19.5%
3Swiss Equities19.4%
4Dutch Equities7.42%
5Spanish Equities7.06%
6Swedish Equities6.19%
7Italian Equities4.03%
8Danish Equities3.8%
9International Equities3.73%
Individual holdings
1NESTLE SA4.08%
2NOVARTIS AG3.06%
3ROCHE HLDG AG2.99%
4TOTAL SA1.87%
5ANHEUSER-BUSCH INBEV SA/NV1.67%
6SANOFI1.57%
7Siemens AG Common Stock (Stamp Exempt)1.56%
8BASF SE1.48%
9BAYER AG1.48%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The objective of this fund is to provide growth by tracking the performance of the index that comprises Large and Mid cap stocks providing coverage of the markets in Europe excluding the UK. The fund will invest almost entirely in company shares. The fund's investments will closely match those that make up the Index. The Index consists of a broad spread of European company shares (excluding UK companies). The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes: To help with efficient day to day management; to reduce some of the risks of the market.
Benchmark
  • FTSE Wld Europe Ex-UK MD (12:00UK)
Investment style
Passive/Tracking
Investment method
Shares, Physical – Sampled/Optimised
Fund manager
NameSinceBiography
LGIM Index Fund Management Team29/09/2013The Index Fund management team comprises 29 investment professionals with average industry experience of 14 years. Together they are responsible for a wide range of index funds – covering equities, fixed income and alternative asset classes. The team has £277 billion index assets under management. All data as at 31 December 2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure L&G European Index 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 price1.1
Offer price1.158
Mid price-
CurrencyGBP
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6LB
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.