Fact sheet: ReAssure New CaptlWealthNat PPB Pn

Fund information
Fund name
ReAssure New Capital Wealth Nations PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
  • Michael Leitheadsince 17/09/2009
Underlying fund
New Capital WN Bd
Fund objective
The fund seeks long term appreciation through a combination of capital growth and income. In seeking to achieve the Sub-Fund’s investment objective, the Sub-Fund will invest in medium to long term international debt securities, predominantly issued by issuers located in wealthy nations, in various currencies primarily listed on Recognised Markets in major financial markets. The Sub-Fund will usually hold debt securities with investment grade ratings. There is no maturity limitation.
Benchmark
  • BofA ML Eurodollars & Globals
Investment style
None
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
Offer price
1.052
Top in this sector
Fund name1 Year
FL GM Overseas Bond Pension30.7%
OMW M&G Glbl Government Bond25.9%
Pru Intnl Bd Pn25.6%
M&G PP International Bond Pn25.3%
Scot Eq Ovrss Crp Bd Trkr Pn23.9%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • Asia Pacific33.5%
    East Asia29.4%
    Europe16.7%
    South America11.5%
    North America7.3%
  • A38.5%
    AA36.8%
    BBB16.1%
    AAA8.2%
    Money Market0.5%
  • GCC Corporate Fixed Interest23%
    Chinese Corporate Fixed Interest16.5%
    GCC Government Fixed Interest10.5%
    Russian Corporate Fixed Interest8.5%
    Chilean Corporate Fixed Interest8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.9%-5.4%-0.1%---
Sector-3.8%-2.4%5%12.4%17.5%18.8%
Rank within sector74 / 144133 / 142132 / 141---
Quartile3rd4th4th
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector11.9%-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 high1.06
52 week low1
Current bid price1
Current offer price1.05
Current mid price-
Region
1Asia Pacific33.5%
2East Asia29.44%
3Europe16.72%
4South America11.51%
5North America7.34%
6Ireland0.86%
7Money Market0.62%
Industry sector
1A38.46%
2AA36.8%
3BBB16.08%
4AAA8.19%
5Money Market0.47%
Asset type
1GCC Corporate Fixed Interest23.02%
2Chinese Corporate Fixed Interest16.52%
3GCC Government Fixed Interest10.48%
4Russian Corporate Fixed Interest8.46%
5Chilean Corporate Fixed Interest8.04%
6Hong Kong Corporate Fixed Interest7.76%
7UK Corporate Fixed Interest5.5%
8Supranational Fixed Interest4.48%
9Mexican Corporate Fixed Interest4.15%
Individual holdings
1QATAR(STATE OF) 6.4% SNR NTS 20/01/40 USD1000`REG S`3.59%
2STANDARD CHARTERED 5.7% NTS 25/01/22 USD2000003.39%
3IPIC GMTN LTD 6.875% NTS 01/11/41 USD200000 REG S3.29%
4RZD CAPITAL PLC 7.487% NTS 25/03/31 GBP1000 REG S3.09%
5CHINA CINDA FINANCE 5.625% BDS 14/05/24 USD200000 REGS2.92%
6PEMEX PROJECT FUNDING MASTER TRUST 6.625% BDS 15/06/35 USD10002.91%
7BANCO DEL ESTADO DE CHILE 3.875% BDS 08/02/22 USD1500002.76%
8CORPORACION NACIONAL DE COBRE CHILE 4.5% BDS 13/08/23 USD10002.67%
9GAZ CAPITAL SA 8.625% NOTE 28/04/34 USD1000 `REGS`2.6%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The fund seeks long term appreciation through a combination of capital growth and income. In seeking to achieve the Sub-Fund’s investment objective, the Sub-Fund will invest in medium to long term international debt securities, predominantly issued by issuers located in wealthy nations, in various currencies primarily listed on Recognised Markets in major financial markets. The Sub-Fund will usually hold debt securities with investment grade ratings. There is no maturity limitation.
Benchmark
  • BofA ML Eurodollars & Globals
Investment style
None
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Michael Leithead17/09/2009Michael Leithead, CFA is the lead Portfolio Manager for EFGAM's New Capital fixed income funds and the Head of Fixed Income Research for EFGAM. Michael focuses primarily on global fixed income fund management and is a member of the fixed income asset allocation committee which determines strategy for the New Capital fund range, institutional accounts and discretionary offerings. He has a BSc in Economics from the University of Birmingham, holds the IMC and is a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure New Capital Wealth Nations 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
Offer price1.052
Mid price-
CurrencyGBP
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6LM
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.