Fact sheet: ReAssure M&G Global Mac Bd PPB Pn

Fund information
Fund name
ReAssure M&G Global Macro Bond PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • Jim Leavisssince 14/10/1999
  • Claudia Calichsince 30/06/2015
Underlying fund
M&G Global Macro Bond
Fund objective
The Fund’s objective is to maximise long term total return (the combination of income and growth of capital). The Fund invests mainly in debt instruments on a global basis which include, but are not limited to, variable rate securities, fixed interest securities, sovereign debt and corporate debt. The Fund’s exposure to debt instruments may be gained through the use of derivatives. The Fund may also invest in other assets including collective investment schemes, money market instruments, cash and near cash, deposits, other transferable securities and derivatives.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Global Fixed Interest
Yield
-
Fund size
£0m
Bid price
1.117
Offer price
1.176
Top in this sector
Fund name1 Year
FL GM Overseas Bond Pension30.7%
OMW M&G Glbl Government Bond29.4%
Pru Intnl Bd Pn27.3%
M&G PP International Bond Pn27%
AEGON Overseas Bond Pn26.3%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • USA61.7%
    UK10.6%
    Germany6.3%
    Brazil2%
    Denmark1.9%
  • Government Bonds60.2%
    Banks14.9%
    Asset/Mortgage-Backed Securities5.1%
    Automotive3.2%
    Telecommunications2.5%
  • US Government Fixed Interest33.3%
    UK Corporate Fixed Interest20.5%
    Global Index Linked13.8%
    US Corporate Fixed Interest8.6%
    German Government Fixed Interest3.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.9%3.3%15.3%---
Sector-4%-2.3%6.7%13%17.7%20.3%
Rank within sector72 / 1442 / 1423 / 141---
Quartile2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector12.6%-0.3%6.1%-3.6%3%
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 low0.95
Current bid price1.12
Current offer price1.18
Current mid price-
Region
1USA61.7%
2UK10.6%
3Germany6.28%
4Brazil1.97%
5Denmark1.87%
6France1.82%
7Switzerland1.81%
8Australia1.67%
9Indonesia1.45%
Industry sector
1Government Bonds60.17%
2Banks14.93%
3Asset/Mortgage-Backed Securities5.12%
4Automotive3.17%
5Telecommunications2.49%
6Health Care2.27%
7Basic Industries1.9%
8Financial Services1.64%
9Energy1.55%
Asset type
1US Government Fixed Interest33.32%
2UK Corporate Fixed Interest20.49%
3Global Index Linked13.81%
4US Corporate Fixed Interest8.62%
5German Government Fixed Interest3.18%
6Brazilian Government Fixed Interest1.97%
7Danish Government Fixed Interest1.87%
8French Corporate Fixed Interest1.82%
9Indonesian Government Fixed Interest1.45%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES FRN 30/04/18 USD10015.75%
2UNITED STATES OF AMER TREAS NOTES 0.75% BDS 28/02/18 USD1008.52%
3UNITED STATES OF AMER TREAS NOTES 0.625% BDS 30/09/17 USD10005.32%
4UNITED STATES OF AMER TREAS NOTES 0.625% NTS 15/01/24 USD10004.88%
5UNITED STATES OF AMER TREAS NOTES 0.125% NTS 15/04/18 USD10004.48%
6UNITED STATES OF AMER TREAS BILLS 0.625% BDS 31/07/17 USD1003.73%
7GERMANY(FEDERAL REPUBLIC OF) 0.5% BDS 15/02/25 EUR0.013.18%
8GERMANY(FEDERAL REPUBLIC) 1.75% ILN 15/04/20 EUR0.012.49%
9BRAZIL(FEDERATIVE REPUBLIC OF) 10% BDS 01/01/25 BRL10001.97%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The Fund’s objective is to maximise long term total return (the combination of income and growth of capital). The Fund invests mainly in debt instruments on a global basis which include, but are not limited to, variable rate securities, fixed interest securities, sovereign debt and corporate debt. The Fund’s exposure to debt instruments may be gained through the use of derivatives. The Fund may also invest in other assets including collective investment schemes, money market instruments, cash and near cash, deposits, other transferable securities and derivatives.
Benchmark
  • No Specified Index
Investment style
Strategic Investment
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Jim Leaviss14/10/1999Jim Leaviss is Head of Retail Fixed Interest for M&G’s mutual fund range. He joined M&G in 1997 after five years at the Bank of England. As well as heading up the team, Jim is the fund manager of the M&G Global Macro Bond Fund and the M&G European Inflation Linked Corporate Bond Fund. He is also deputy manager of the M&G Gilt & Fixed Interest Income Fund, the M&G Index-Linked Bond Fund and the M&G UK Inflation Linked Corporate Bond Fund.
Claudia Calich30/06/2015Claudia Calich joined M&G in October 2013 as a specialist in emerging markets debt and was appointed fund manager of the M&G Emerging Markets Bond Fund in December 2013. She was also appointed fund manager of the M&G Global Government Bond Fund and deputy fund manager of the M&G Global Macro Bond Fund in July 2015. Claudia has over 20 years of experience in emerging markets, most recently as a senior portfolio manager at Invesco in New York, with previous positions at Oppenheimer Funds, Fuji Bank, Standard & Poor’s and Reuters. Claudia graduated with a BA honours in economics from Susquehanna University in 1989 and holds an MA in international economics from the International University of Japan in Niigata
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure M&G Global Macro 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 price1.117
Offer price1.176
Mid price-
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6LH
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.