Fact sheet: ReAssure L&G US Index PPB Pn

Fund information
Fund name
ReAssure L&G US 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 US Index Trust
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 USA. 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 US company shares. 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 USA 3pm (15:00 UK) Index
Investment style
Passive/Tracking
Investment method
Shares, Physical – Sampled/Optimised
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN North America
Yield
-
Fund size
£0m
Bid price
1.215
Offer price
1.279
Top in this sector
Fund name1 Year
Canlife North American Pn42.7%
FL Investec American AP38%
L&G Investec American Pn37.6%
Aviva Invtec American Pn37.4%
Zurich Investec American Pn37.1%
...more in PN North America

Performance snapshot

Holdings snapshot

  • USA92.1%
    Not Specified3%
    Ireland2.3%
    UK0.6%
    Money Market0.6%
  • Technology18.2%
    Financials17.9%
    Consumer Services13%
    Health Care12.8%
    Industrials11.7%
  • US Equities92.1%
    Property3%
    Irish Equities2.3%
    UK Equities0.6%
    Money Market0.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%7.2%24.2%---
Sector1.5%7.1%21.9%26%57.5%121.8%
Rank within sector155 / 321146 / 32082 / 320---
Quartile2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector25.9%4.4%18.7%29.2%7%
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 high1.22
52 week low0.95
Current bid price1.22
Current offer price1.28
Current mid price-
Region
1USA92.14%
2Not Specified2.95%
3Ireland2.29%
4UK0.6%
5Money Market0.56%
6Netherlands0.52%
7Switzerland0.47%
8Singapore0.38%
9Israel0.06%
Industry sector
1Technology18.19%
2Financials17.94%
3Consumer Services12.97%
4Health Care12.81%
5Industrials11.7%
6Consumer Goods10.63%
7Oil & Gas6.99%
8Utilities3.29%
9Telecommunications2.55%
Asset type
1US Equities92.14%
2Property2.95%
3Irish Equities2.29%
4UK Equities0.6%
5Money Market0.56%
6Dutch Equities0.52%
7Swiss Equities0.47%
8Singapore Equities0.38%
9Israeli Equities0.06%
Individual holdings
1APPLE INC3.17%
2MICROSOFT CORP2.34%
3EXXON MOBIL CORP1.8%
4JOHNSON & JOHNSON1.65%
5AMAZON.COM INC1.57%
6FACEBOOK INC1.5%
7GENERAL ELECTRIC CO.1.35%
8JPMORGAN CHASE & CO1.3%
9ALPHABET INC. CLASS A1.26%
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 USA. 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 US company shares. 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 USA 3pm (15:00 UK) Index
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 US 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 price1.215
Offer price1.279
Mid price-
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6LD
Data provided by

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