Fact sheet: ReAssure ThreadneedleUKExtAlhIPPBPn

Fund information
Fund name
ReAssure Threadneedle UK Ext Alpha I PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
  • Chris Kindersince 01/11/2010
Underlying fund
Threadneedle UK Extnd Alp
Fund objective
The investment objective of the UK Extended Alpha Fund is to achieve above average capital growth from a concentrated portfolio of UK equities. The ACD’s investment policy is to actively manage an exposure primarily to a concentrated portfolio of UK equities, i.e equities of companies domiciled in the UK, or which have significant UK operations, by investing directly or indirectly in such securities. This approach means that the ACD has the flexibility to take significant stock and sector positions which may lead to increased levels of volatility. If the ACD considers it desirable it may further invest up to one third of the assets of the Fund in markets outside the United Kingdom. The Fund’s exposure may be gained through long and short positions.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
14.8%
1 Year rank in sector
141/227
Sector
PN UK Equity Income
Yield
-
Fund size
£0m
Bid price
1.134
Offer price
1.194
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn30%
OMW UBS UK Equity Income29.2%
OMW IPLBaGiUkEqCoPn23%
BlackRock DC UK Eq Opt Pn23%
OMW IPLBaGiUkEqFoPn22.1%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%5.1%6.3%14.8%--
Sector0.7%4.7%6.1%16%24.2%66%
Rank within sector108 / 229124 / 229113 / 227141 / 227--
Quartile2nd3rd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund4.9%----
Sector4.5%11.5%3.9%3.7%23.2%
Rank within sector103 / 229----
Quartile2nd
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 low0.93
Current bid price1.13
Current offer price1.19
Current mid price-
Region
1UK100%
Industry sector
1Consumer Goods22.5%
2Financials22.4%
3Consumer Services15.7%
4Industrials12.4%
5Health Care8.4%
6Oil & Gas6%
7Basic Materials4.8%
8Telecommunications2.8%
9Technology2.7%
Asset type
1UK Equities100%
Individual holdings
1GLAXOSMITHKLINE PLC4.8%
2BRITISH AMERICAN TOBACCO PLC4.2%
3PRUDENTIAL PLC4.1%
4ROYAL DUTCH SHELL3.8%
5IMPERIAL TOBACCO GROUP PLC3.6%
6UNILEVER3.6%
7DIAGEO3.5%
8COMPASS GROUP3.3%
9LEGAL & GENERAL GROUP3.3%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
The investment objective of the UK Extended Alpha Fund is to achieve above average capital growth from a concentrated portfolio of UK equities. The ACD’s investment policy is to actively manage an exposure primarily to a concentrated portfolio of UK equities, i.e equities of companies domiciled in the UK, or which have significant UK operations, by investing directly or indirectly in such securities. This approach means that the ACD has the flexibility to take significant stock and sector positions which may lead to increased levels of volatility. If the ACD considers it desirable it may further invest up to one third of the assets of the Fund in markets outside the United Kingdom. The Fund’s exposure may be gained through long and short positions.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Chris Kinder01/11/2010Chris Kinder joined Threadneedle Investments as a portfolio manager in the UK equities team in 2010. His main responsibilities are the management of the Threadneedle UK Fund and Threadneedle UK Extended Alpha Fund, the co-management of the Threadneedle UK Absolute Alpha Fund and the co-management of the Threadneedle Institutional Fund and a number of institutional portfolios. He also has research responsibility for the banks, life insurance and mining sectors.Before joining Threadneedle Chris was an assistant fund manager at RWC Partners. He has also worked at Govett Investments, gaining experience in smaller companies’ analysis. Chris is a qualified chartered accountant, having worked at PricewaterhouseCoopers for 4 years before joining the investment management industry.Chris holds a degree in Modern European Languages from Durham University and is a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure Threadneedle UK Ext Alpha I 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 price1.134
Offer price1.194
Mid price-
CurrencyGBP
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6LV
Data provided by

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