Fact sheet: Ret Adv Invtc Cautious Managed Pn

Fund information
Fund name
Ret Adv Investec Cautious Managed Pn
Fund manager company
Retirement Advantage
Fund type
Pension Fund
Fund manager
  • Alastair Mundysince 15/08/2002
Underlying fund
Investec Caut Mgd
Fund objective
The Fund aims to provide an income and grow the value of your investment over the long term.
Benchmark
  • UK CPI
Investment style
Cautious,Growth
Investment method
Equity, Fixed Interest
Quick stats
1 Year return
22.3%
1 Year rank in sector
33/465
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£52m (£52m 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.
49
Bid price
132.4
Offer price
132.4
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn51.6%
OMW IPL F&COs EqLnkUKInflPn37.9%
AXA Wealth TEAMS cl Gvn ptfl VPn34.6%
AXA Wealth TEAMS cl Gvn ptfl IVPn32.1%
Scot Eq BailGfBalMgdARCPn29.7%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK36.7%
    North America15.8%
    Not Specified14%
    Money Market10.9%
    Japan9%
  • Financials31.8%
    Industrials18.4%
    Others14.8%
    Consumer Discretionary9.6%
    Materials8.1%
  • UK Equities27.3%
    North American Equities15.8%
    Commodity & Energy14%
    Money Market10.9%
    UK Index-Linked Gilts9.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.3%5.7%10.6%22.3%15.7%-
Sector2.6%1.5%5.2%15.4%20%41.7%
Rank within sector67 / 5319 / 52819 / 51833 / 465261 / 399-
Quartile1st1st1st1st3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.3%18.2%-2.9%-0.4%7.6%
Sector1.1%11.8%1.3%6%8.3%
Rank within sector15 / 53134 / 462410 / 424386 / 398265 / 380
Quartile1st1st4th4th3rd
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.
-0.94
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.
0.9
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.
0.16
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%.
6.49
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.
4.34
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.
-0.37
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.
0.56
Price movement
52 week high131.9
52 week low107
Current bid price132.4
Current offer price132.4
Current mid price-
Region
1UK36.7%
2North America15.8%
3Not Specified14%
4Money Market10.9%
5Japan9%
6Norway7.7%
7Far East ex Japan2.7%
8USA2.3%
9Europe0.9%
Industry sector
1Financials31.8%
2Industrials18.4%
3Others14.8%
4Consumer Discretionary9.6%
5Materials8.1%
6Consumer Staples7%
7Information Technology5.4%
8Utilities1.8%
9Energy1.2%
Asset type
1UK Equities27.3%
2North American Equities15.8%
3Commodity & Energy14%
4Money Market10.9%
5UK Index-Linked Gilts9.4%
6Japanese Equities9%
7Norwegian Government Fixed Interest7.7%
8Asia Pacific ex Japan Equities2.7%
9Global Index Linked2.3%
Individual holdings
1TREASURY 0.125% IDX-LKD GILT 22/11/19 GBP0.019.4%
2NORWAY(KINGDOM OF) 4.25% BDS 19/05/17 NOK10003.8%
3NORWAY(KINGDOM OF) 4.5% BDS 22/05/19 NOK10003.8%
4TREASURY 1.25% IDX-LKD GILT 22/11/17 GBP0.012.8%
5CITIGROUP INC2.5%
6UNITED STATES TREASURY INFLATION 0.125 JAN 15 232.3%
7GRAFTON GROUP2.1%
8BARCLAYS PLC2%
9ROYAL BANK OF SCOTLAND GROUP PLC2%
Management
Fund manager group
MGM Advantage
Fund manager company
Retirement Advantage
Fund type
Pension Fund
Fund objective
The Fund aims to provide an income and grow the value of your investment over the long term.
Benchmark
  • UK CPI
Investment style
Cautious,Growth
Investment method
Equity, Fixed Interest
Fund manager
NameSinceBiography
Alastair Mundy15/08/2002Alastair is head of the Value team at Investec Asset Management having joined in 2000 from Morley Fund Management. Alastair manages a number of funds including the Investec Cautious Managed Fund and the Investec UK Special Situations Fund. He also manages the Temple Bar Investment Trust. Alastair graduated from City University with a Bachelor of Science degree in Actuarial Science in 1988.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Ret Adv Investec Cautious Managed Pn
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.6%
Bid price132.4
Offer price132.4
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGPBI
Data provided by

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