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 manager
  • Investec Asset Managementsince 06/07/2012
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
15.8%
1 Year rank in sector
6/70
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.
41
Bid price
139.6
Offer price
139.6
Top in this sector
Fund name1 Year
MetLife Protected Growth 70 Pn21.9%
SLOC Confederation Staffguard Pn21.9%
Aviva Guaranteed Pn16.2%
Zurich Trk Prot Profits Pn15.9%
Ret Adv TRA Inv Mul-Ass Pr Pn15.8%
...more in PN Protected/Guaranteed

Performance snapshot

Holdings snapshot

  • UK66%
    Money Market23%
    Global Emerging Markets6.9%
    Europe2.1%
    Asia Pacific ex Japan1.4%
  • Equities38.2%
    Fixed Interest29.6%
    Money Market23%
    Property5.1%
    Alternative Assets2.6%
  • Money Market23%
    US Equities17.4%
    US Fixed Interest16%
    Global Emerging Market Fixed Interest10%
    UK Equities8.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%1.9%5.4%15.8%21.2%-
Sector0.6%1%2.8%6.1%8.9%18.7%
Rank within sector21 / 7018 / 7016 / 706 / 705 / 63-
Quartile2nd2nd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund4%8.9%2%6%10.7%
Sector1.8%4.4%0.4%3.1%4.6%
Rank within sector12 / 7015 / 6911 / 6314 / 628 / 62
Quartile1st1st1st1st1st
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.
0.18
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.
2.32
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.
0.51
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%.
6.21
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.
3.98
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.
0.95
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.
0.87
Price movement
52 week high139.6
52 week low120.8
Current bid price139.6
Current offer price139.6
Current mid price-
Region
1UK65.99%
2Money Market23%
3Global Emerging Markets6.93%
4Europe2.08%
5Asia Pacific ex Japan1.39%
6Japan0.31%
7USA0.31%
Industry sector
1Equities38.2%
2Fixed Interest29.6%
3Money Market23%
4Property5.1%
5Alternative Assets2.6%
6Forwards1.5%
Asset type
1Money Market23%
2US Equities17.38%
3US Fixed Interest15.98%
4Global Emerging Market Fixed Interest9.97%
5UK Equities8.14%
6Property5.1%
7Japanese Equities4.72%
8Global Emerging Market Equities3.62%
9European Equities3.22%
Individual holdings
1GSF GLOBAL ENDURANCE EQUITY S ACC GROSS USD7.2%
2UNITED STATES TREASURY NOTE/BO 2.875 NOV 15 465.5%
3ISHARES USD TREASURY BOND 20+Y5%
4NEW CAPITAL WEALTHY NATIONS BOND INST INC CHF4.5%
5INVESTEC OEIC DIV INCOME FUND I GBP4.1%
6ISHARES MSCI JAPAN UCITS ETF4%
7VANGUARD S&P 500 UCITS ETF GBP3.9%
8INVESTEC OEIC GLB EQUITY FUND S GBP3.4%
9ISHARES US PROPERTY YIELD UCITS ETF3.1%
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 manager
NameSinceBiography
Investec Asset Management06/07/2012As one of South Africa's largest asset managers, Investec has enjoyed above average returns in both the equity and bond markets. With the benefit of being part of a global asset management company, the local operation leverages off skills and information from their offshore business. The portfolio manager for the fund is Malcolm Charles. Malcolm heads up fixed income dealing at Investec Asset Management. He is part of a fairly large fixed interest team (by South African standards) that utilises a wide variety of different sources of returns. The returns on the Galaxy Fixed Interest Fund assets are expected to be similar to those for the Investec Opportunity Income Fund.
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 price139.6
Offer price139.6
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGPBJ
Data provided by

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