Fact sheet: ReAssure Majedie UK EqtyIncPPB Pn

Fund information
Fund name
ReAssure Majedie UK Equity Income PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund managers
  • Chris Reidsince 19/12/2011
  • Yuri Khodjamiriansince 30/09/2013
Underlying fund
Majedie UK Income
Fund objective
The Fund aims to produce a total return in excess of the index that represents UK companies on the London Stock Exchange over the long term through investment in a diversified portfolio of predominantly UK equities. “Total return” means the combined return of capital and income and a consistently positive return is not guaranteed. The Fund will invest in Eq securities of companies which are listed or traded on one or more eligible markets. At least 80% of the Fund will be invested in UK equities, with the balance in international equities, cash or near cash. It is not the intention to invest materially in emerging markets.
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
1.017
Offer price
1.07
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn25.1%
OMW UBS UK Equity Income24.8%
FL Income Accumulation Pn20.1%
L&G Schroder Income Pn16.5%
Scot Eq Schroder Income Pn16%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK86.2%
    Netherlands4%
    USA3.2%
    Money Market2.6%
    Switzerland2.2%
  • Life Insurance19.2%
    Oil & Gas Exploration & Production9.6%
    Financial Services8.2%
    Travel7.7%
    Insurance7.4%
  • UK Equities86.2%
    Dutch Equities4%
    US Equities3.2%
    Money Market2.6%
    Swiss Equities2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.2%0.5%1.7%---
Sector-1.8%-0.9%6.6%6.3%17.1%62.2%
Rank within sector88 / 22956 / 229205 / 229---
Quartile2nd1st4th
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector6.9%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 high1.05
52 week low0.89
Current bid price1.02
Current offer price1.07
Current mid price-
Region
1UK86.19%
2Netherlands4.01%
3USA3.23%
4Money Market2.55%
5Switzerland2.21%
6Norway1.08%
7Greece0.74%
Industry sector
1Life Insurance19.19%
2Oil & Gas Exploration & Production9.64%
3Financial Services8.19%
4Travel7.74%
5Insurance7.4%
6Media6.27%
7Pharmaceuticals4.33%
8Utilities4.13%
9Mineral Extraction3.83%
Asset type
1UK Equities86.19%
2Dutch Equities4.01%
3US Equities3.23%
4Money Market2.55%
5Swiss Equities2.21%
6Norwegian Equities1.08%
7Greek Equities0.74%
Individual holdings
1LEGAL & GENERAL GROUP5.76%
2AVIVA5.57%
3BP5.43%
4PEARSON4.43%
5DELTA LLOYD NV4.01%
6TULLETT PREBON PLC3.38%
7GLAXOSMITHKLINE3.35%
8PHOENIX GROUP HLDGS3.27%
9IMPERIAL BRANDS PLC3.25%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The Fund aims to produce a total return in excess of the index that represents UK companies on the London Stock Exchange over the long term through investment in a diversified portfolio of predominantly UK equities. “Total return” means the combined return of capital and income and a consistently positive return is not guaranteed. The Fund will invest in Eq securities of companies which are listed or traded on one or more eligible markets. At least 80% of the Fund will be invested in UK equities, with the balance in international equities, cash or near cash. It is not the intention to invest materially in emerging markets.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Chris Reid19/12/2011Chris Reid is a fund manager and analyst with 17 years' investment experience in UK and international equity markets. Chris is responsible for lead managing the UK Income Fund and for co-managing the UK Focus Fund. Before joining Majedie in 2008, Chris had been a Director at Deutsche Bank, where he was Pan European Travel & Leisure Analyst. Until 2005 he had been Transport Analyst at Credit Suisse. Prior to that, he was a consultant at PA Consulting Group. Chris joined PA Consulting in 1995. He holds a Master of Sciences degree in Natural Sciences from Downing College, Cambridge, where he also completed the Cambridge Advanced Course in Design, Manufacturing and Management. He is SFA qualified and holds an MBA with Distinction from London Business School, in addition to the ACCA Certified Diploma in Accounting & Finance.
Yuri Khodjamirian30/09/2013Yuri Khodjamirian is a fund manager and analyst with 7 years’ investment experience in UK and international equity markets. Yuri is responsible for co-managing both the Global Equity and Global Focus funds and also the UK Income Fund. Yuri holds a Master of Arts degree in Economics from St Catharine’s College, Cambridge and a Master of Science degree in Economics with distinction from the London School of Economics. He is a CFA charter holder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure Majedie UK Equity 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 price1.017
Offer price1.07
Mid price-
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6LK
Data provided by

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