Fact sheet: Ret Adv Multi Ass Prot (MAP) Pn

Fund information
Fund name
Ret Adv Investec Multi-Asset Protector (MAP) Pn
Fund manager company
Retirement Advantage
Fund type
Pension Fund
Fund managers
  • Philip Saunderssince 30/01/2009
  • Max Kingsince 30/01/2009
Underlying fund
Investec Multi Ass Prot
Fund objective
The fund aims to provide capital growth from a multiasset portfolio and to deliver protection at 80% of the investment's highest price to date. The fund invests in UK and global equities, bonds, property, commodities, cash and alternatives. From time to time the allocation to low risk instruments and cash will be increased.
Benchmark
No data available.
Investment style
Balanced
Investment method
Commodity/Energy, Equity, Fixed Interest, Hedge Funds, Property
Quick stats
1 Year return
8%
1 Year rank in sector
9/70
Sector
PN Protected/Guaranteed
Yield
-
Fund size
£7m (£7m 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.
43
Bid price
133.1
Offer price
133.1
Top in this sector
Fund name1 Year
SLOC Confederation Staffguard Pn13.1%
SW PM Protection Pn12.2%
MetLife Protected Growth 70 Pn12.1%
Aviva Guaranteed Pn9.8%
Zurich Trk Prot Profits Pn8.5%
...more in PN Protected/Guaranteed

Performance snapshot

Holdings snapshot

  • UK45.5%
    Money Market43.5%
    USA6.3%
    Global Emerging Markets3.1%
    Asia Pacific ex Japan0.9%
  • Money Market43.5%
    Equities42.3%
    Fixed Interest9.9%
    Alternative Assets3.7%
    Property1.8%
  • Money Market43.6%
    UK Equities12.4%
    US Equities12.3%
    Japanese Equities8.1%
    Global Emerging Market Equities4.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%1.4%8.9%8%18.7%-
Sector0.1%-0.3%2.8%3.5%8%16.1%
Rank within sector1 / 718 / 714 / 719 / 706 / 63-
Quartile1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund8%2%6%10.7%-
Sector3.7%0.4%3.1%4.6%3.3%
Rank within sector8 / 7011 / 6414 / 638 / 63-
Quartile1st1st1st1st
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.
0.02
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.
2.36
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.
0.3
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%.
6.41
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.
4.17
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.
0.86
Price movement
52 week high133
52 week low115.9
Current bid price133.1
Current offer price133.1
Current mid price-
Region
1UK45.54%
2Money Market43.5%
3USA6.33%
4Global Emerging Markets3.05%
5Asia Pacific ex Japan0.85%
6Europe0.45%
7Japan0.28%
Industry sector
1Money Market43.5%
2Equities42.3%
3Fixed Interest9.9%
4Alternative Assets3.7%
5Property1.8%
6Forwards-1.2%
Asset type
1Money Market43.6%
2UK Equities12.4%
3US Equities12.3%
4Japanese Equities8.1%
5Global Emerging Market Equities4.9%
6Global Emerging Market Fixed Interest3.8%
7Alternative Assets3.7%
8European Equities3.3%
9European Fixed Interest2.9%
Individual holdings
1GSF GLOBAL ENDURANCE EQUITY S ACC GROSS USD7.6%
2ISHARES MSCI JAPAN UCITS ETF7.5%
3INVESTEC OEIC DIV INCOME FUND I GBP4.2%
4ISHARES FTSE 250 UCITS ETF GBP3.3%
5ISHARES FTSE 250 UCITS ETF GBP3.3%
6ISHARES MSCI EMERGING MKTS UCITS ETF(DIST)3.3%
7INVESTEC UK ALPHA S ACC GBP3.1%
8INVESTEC OEIC GLB EQUITY FUND S GBP3%
9INVESTEC OEIC UK SMALLER COMPS FUND S GBP2.7%
Management
Fund manager group
MGM Advantage
Fund manager company
Retirement Advantage
Fund type
Pension Fund
Fund objective
The fund aims to provide capital growth from a multiasset portfolio and to deliver protection at 80% of the investment's highest price to date. The fund invests in UK and global equities, bonds, property, commodities, cash and alternatives. From time to time the allocation to low risk instruments and cash will be increased.
Benchmark
No data available.
Investment style
Balanced
Investment method
Commodity/Energy, Equity, Fixed Interest, Hedge Funds, Property
Fund managers
NameSinceBiography
Philip Saunders30/01/2009Philip is co-head of Multi-Asset at Investec Asset Management. After a period managing retail marketing and sales, he assumed responsibility for establishing Investec Asset Management’s multi-manager business which is now combined with the firm’s global multi-asset activity. In 1987, he became a founding director of Guinness Flight Global Asset Management (which was acquired by Investec Asset Management in 1998) and led its successful Global Fixed Income team. Prior to that, Philip trained as an investment analyst at Guinness Mahon & Co Limited assuming responsibility for the company’s managed currency funds in 1984. He graduated from Cambridge University with a degree in History in 1980.
Max King30/01/2009Max is a portfolio manager with a focus on equity, property and infrastructure within the Multi-Asset team having joined Investec Asset Management in 2005. Prior to joining the firm he was a director of JO Hambro Capital Management, where he managed a range of equity portfolios. Before that, he worked for Finsbury Asset Management between 1987 and 1997 as the senior investment manager and as a director, with responsibilities for several investment trusts, focused mainly on UK stocks. Max also worked for LF Rothschild for four years in the risk arbitrage department, investing proprietary capital and client money. He qualified as a Chartered Accountant at Peat, Marwick Mitchell and then spent two years in corporate advisory before moving into investment management. Max graduated from Cambridge University with a degree in Economics.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Ret Adv Investec Multi-Asset Protector (MAP) Pn
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.46%
Bid price133.1
Offer price133.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGPBJ
Data provided by

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