Fact sheet: ReAssure RoyalLonUKEqtyIncPPBPn

Fund information
Fund name
ReAssure Royal London UK Equity Income PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
  • Martin Cholwillsince 01/03/2005
Underlying fund
Royal London UK Equity Inc
Fund objective
The investment objective and policy of the Fund is to achieve a combination of income and some capital growth by investing mainly in UK higher yielding and other equities, as well as convertible stocks. The Fund may hold transferable securities, (including Exchange Traded Funds which are closed ended funds, but not those which are collective investment schemes), government and public securities, deposits and cash (for the purposes of EPM and redemption of units). It may also hold derivatives for the purposes of EPM only
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Specialist
Yield
-
Fund size
£0m
Bid price
1.054
Offer price
1.109
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus43.4%
ReAssure AL NptRu&GtrRus Pn42.9%
L&G Nep Russia&Gtr Russia Pn42.6%
Scot Eq JPM Emg Eur Eq Pn40.7%
OMW InvescoPerpetualEmgEurpn38.9%
...more in PN Specialist

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%-4.1%6.1%---
Sector-0.2%-0.6%6.2%8.8%20.9%41.2%
Rank within sector204 / 546483 / 545233 / 531---
Quartile2nd4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector8.7%2%7.2%11%7.7%
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 high1.14
52 week low0.95
Current bid price1.05
Current offer price1.11
Current mid price-
Region
1UK100%
Industry sector
1Financials24.9%
2Industrials22.8%
3Consumer Services17.6%
4Oil & Gas9.1%
5Health Care9%
6Consumer Goods6%
7Utilities4.8%
8Basic Materials3.9%
9Telecommunications1.9%
Asset type
1UK Equities100%
Individual holdings
1ROYAL DUTCH SHELL5.6%
2GLAXOSMITHKLINE PLC4.7%
3ASTRAZENECA PLC4.3%
4HSBC HOLDINGS PLC4.1%
5BRITISH AMERICAN TOBACCO4%
6AVIVA PLC3.4%
7BP PLC3.4%
8INFORMA PLC2.7%
9BRITISH BANKERS ASSOCIATION2.5%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The investment objective and policy of the Fund is to achieve a combination of income and some capital growth by investing mainly in UK higher yielding and other equities, as well as convertible stocks. The Fund may hold transferable securities, (including Exchange Traded Funds which are closed ended funds, but not those which are collective investment schemes), government and public securities, deposits and cash (for the purposes of EPM and redemption of units). It may also hold derivatives for the purposes of EPM only
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund manager
NameSinceBiography
Martin Cholwill01/03/2005Martin joined RLAM in February 2005 to focus solely on managing the Royal London Equity Income Fund. Martin began his fund management career in 1983, spending 21 years working for AXA Investment Managers, managing a wide variety of UK equity mandates. In 1996 he took over managing AXAs UK Equity Income Fund which he ran successfully. Martin,s proven and pragmatic investment approach have delivered strong, consistent performance for investors throughout the several market cycles of his 32 year career. He has a degree in Mathematics from the University of Durham.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure Royal London 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 price1.054
Offer price1.109
Mid price-
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6LS
Data provided by

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