Fact sheet: Ret Adv IM Verbatim Portfolio 3 Pn

Fund information
Fund name
Ret Adv IM Verbatim Portfolio 3 Pn
Fund manager company
Retirement Advantage
Fund type
Pension Fund
Fund managers
  • John Husselbeesince 30/06/2016
  • Paul Kimsince 30/06/2016
Underlying fund
FP Verbatim Portfolio 3
Fund objective
The Fund will use a broadly defensive investment strategy with the aim of achieving capital growth over the medium to longer term.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Equity, Fixed Interest, Property, Money Market
Quick stats
1 Year return
8.8%
1 Year rank in sector
47/146
Sector
PN Mixed Investment 0%-35% Shares
Yield
-
Fund size
£1m (£1m last year)
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
30
Bid price
138.2
Offer price
138.2
Top in this sector
Fund name1 Year
B&CE ThePplPnPre-Retm0.5%Pn16.4%
FL Defensive Index FOF Pn16.2%
Pru Dynamic Growth ll Pn16%
Zurich BlkRk Cnsnss 35 Pn15.9%
Canlife BlkRckConsensus 35Pn15.8%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK61.2%
    International14.9%
    Money Market11.7%
    USA8.6%
    Asia Pacific2%
  • No data available.
  • UK Corporate Fixed Interest18.8%
    Europe ex UK Equities17.8%
    UK Gilts14.3%
    Money Market11.7%
    Global Fixed Interest10.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%-0.2%6.5%8.8%18.9%36.1%
Sector-0.1%-0.5%6.9%10.6%22.9%38.7%
Rank within sector54 / 17628 / 17543 / 16647 / 14650 / 12641 / 95
Quartile2nd1st2nd2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund9.1%1.1%7.1%6%8%
Sector10.7%2.3%7.6%5.6%6.9%
Rank within sector46 / 14680 / 13562 / 12639 / 11336 / 96
Quartile2nd3rd2nd2nd2nd
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.
0.05
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.
0.84
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.
0.59
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%.
3.86
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.
1.32
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.
-0.73
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.
0.91
Price movement
52 week high140.9
52 week low124.2
Current bid price138.2
Current offer price138.2
Current mid price-
Region
1UK61.15%
2International14.94%
3Money Market11.71%
4USA8.56%
5Asia Pacific2.04%
6Europe1.05%
7Japan0.55%
Industry sector
No data available.
Asset type
1UK Corporate Fixed Interest18.82%
2Europe ex UK Equities17.8%
3UK Gilts14.25%
4Money Market11.71%
5Global Fixed Interest10.66%
6North American Equities8.56%
7UK Property6.31%
8Global High Yield Fixed Interest4.28%
9UK Index-Linked3.97%
Individual holdings
1VANGUARD S&P 500 ETF - USD8.56%
2ISHARES MARKIT IBOXX £ BOND8.21%
3SSGA SPDR BARCLAYS CAPITAL 1-5 YEAR GILT7.66%
4SSGA SPDR BARCLAYS CAPITAL 1-5 YEAR GILT7.66%
5VANGUARD GLOBAL BOND INDEX HEDGE ACC GBP6.88%
6HENDERSON UK PROPERTY PAIF I ACC6.31%
7FIDELITY INVESTMENT FUND ICVC – UK-PA5.8%
8ISHARES II PLC ISHARES FTSE UK ALL STKS GILT4.38%
9HENDERSON HORIZON - GLOBAL HIGH YIELD BOND FUND4.28%
Management
Fund manager group
MGM Advantage
Fund manager company
Retirement Advantage
Fund type
Pension Fund
Fund objective
The Fund will use a broadly defensive investment strategy with the aim of achieving capital growth over the medium to longer term.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
Equity, Fixed Interest, Property, Money Market
Fund managers
NameSinceBiography
John Husselbee30/06/2016John is one of the most highly regarded practitioners of multi-manager investing in the UK retail market with 23 years of experience of running portfolios. He was previously the Director of Multi-Manager Investment at Henderson Global Investors, where he was responsible for portfolio construction and fund selection for a range of portfolios totalling over £650 million. Prior to Hendersons, John was responsible for the launch and ongoing management of the portfolio management service at Rothschild Asset Management.
Paul Kim30/06/2016Paul has managed discretionary portfolios and multi-manager funds for more than 30 years. He was instrumental in setting up Investment Manager Selection Ltd with Richard Timberlake and Peter O’Connor in 1999 and the subsequent growth of the business. In 2008, IMS was bought by BNP Paribas and re-named Fundquest, with Paul being responsible for the management of the IMS funds and client funds, including three for Aviva Investors. Paul has also managed discretionary portfolios and services at Capel Cure Myers and Sun Life Portfolio Counselling Services (AXA Sun Life).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Ret Adv IM Verbatim Portfolio 3 Pn
Initial charge-
Annual charge0.65%
Min single investment£10,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.1%
Bid price138.2
Offer price138.2
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGO1S
Data provided by

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