Fact sheet: ReAssure UBAM GblHYHghYldSolPPBPn

Fund information
Fund name
ReAssure UBAM Global HY High Yield Solution PPB Pn
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
UBAM Gbl HghYl Solutn
Fund objective
Sub-fund denominated in USD which invests its net assets primarily in securities denominated in this currency. At any time, this sub-fund invests a majority of its net assets in bonds and other debt securities. This sub-fund will have nominal net exposure of between 80% and 120% to High Yield products via the use of CDS (Credit Default Swaps) within the framework of effective management of the portfolio.
Benchmark
  • No Specified Index
Investment style
High Yield
Investment method
Fixed Interest
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
PN Sterling High Yield
Yield
-
Fund size
£0m
Bid price
1.029
Offer price
1.083
Top in this sector
Fund name1 Year
L&G High Income Pn11.1%
Aviva Invtec M High Inc Pn10.6%
Aviva JPM Gbl HighYldBd Pn10.5%
SIP JPM Gbl Hi Yd Bd Pn10.1%
LV= Investec Monthly Hi Inc Pn9.9%
...more in PN Sterling High Yield

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%0.6%2.6%---
Sector-0.7%-0.7%4.6%7.4%14.6%48.8%
Rank within sector2 / 575 / 5756 / 57---
Quartile1st1st4th
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector9.2%-0.1%4.4%6.8%19.3%
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.
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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.
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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%.
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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.
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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.
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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.
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Price movement
52 week high1.03
52 week low0.98
Current bid price1.03
Current offer price1.08
Current mid price-
Region
1USA66.3%
2Europe33.7%
Industry sector
No data available.
Asset type
1US Fixed Interest66.3%
2European Fixed Interest33.7%
Individual holdings
1US TREASURY N/B 15/08/20182.96%
2US TREASURY N/B 30/11/20172.8%
3US TREASURY N/B 30/06/20172.65%
4US TREASURY N/B 31/08/20192.57%
5US TREASURY N/B 15/06/20192.52%
6US TREASURY N/B 31/07/20172.51%
7US TREASURY N/B 15/02/20192.42%
8US TREASURY N/B 15/10/20172.4%
9US TREASURY N/B 15/11/20182.33%
Management
Fund manager group
ReAssure Limited
Fund manager company
ReAssure Limited
Fund type
Pension Fund
Fund objective
Sub-fund denominated in USD which invests its net assets primarily in securities denominated in this currency. At any time, this sub-fund invests a majority of its net assets in bonds and other debt securities. This sub-fund will have nominal net exposure of between 80% and 120% to High Yield products via the use of CDS (Credit Default Swaps) within the framework of effective management of the portfolio.
Benchmark
  • No Specified Index
Investment style
High Yield
Investment method
Fixed Interest
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
ReAssure UBAM Global HY High Yield Solution 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 price1.029
Offer price1.083
Mid price-
CurrencyGBP
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeN6LW
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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.