Fact sheet: Royal Bank of Scot Balanced Growth

Fund information
Fund name
Royal Bank of Scot Balanced Growth
Fund manager company
Royal Bk of Scotland Coll Inv
Fund type
OEIC
Fund managers
  • Tom Wellssince 01/06/2016
  • Gavin Counsellsince 01/06/2013
Fund objective
To achieve capital growth over the long term. The Fund has diversified investment predominantly within equities, fixed interest securities, property and cash. Investment will be through other collective investment schemes. Allocations to equities, fixed interest securities, property and cash will vary over time. Equity exposure will be restricted to 85% of the Fund. Investment may also be made in derivatives for hedging purposes.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Aggressive,Growth
Investment method
None
Quick stats
1 Year return
19.9%
1 Year rank in sector
130/267
Sector
UT Mixed Investment 40-85% Shares
Yield
0.6%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.98%
Fund size
£787m (£722m 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.
68
Mid price
173.4
Top in this sector
Fund name1 Year
HSBC Wld Seltn Advntr Pfl32.3%
Orbis Gbl Bal31.6%
SVS TPI Aggressive 131.4%
S&W Acacia31.1%
S&W Pityoulish30.8%
...more in UT Mixed Investment 40-85% Shares

Performance snapshot

Holdings snapshot

  • UK25.9%
    Europe23.7%
    North America19.3%
    Money Market8.8%
    Japan5.9%
  • Financials18.6%
    Fixed Interest16.3%
    Industrials11.1%
    Consumer Goods9.7%
    Consumer Services9%
  • International Equities50%
    UK Equities19.3%
    Global Fixed Interest9.6%
    Cash & Cash Equivalents8.8%
    Property4.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.2%2.7%8%19.9%28.3%62.2%
Sector1.6%1.9%7.7%19.3%26.4%56.5%
Rank within sector22 / 28281 / 279132 / 275130 / 267103 / 24189 / 208
Quartile1st2nd2nd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund5.3%12%3.2%5%15.4%
Sector4.6%13.3%2.2%5%13.5%
Rank within sector102 / 276167 / 26092 / 246137 / 23790 / 222
Quartile2nd3rd2nd3rd2nd
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.
0.33
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.
1
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.
0.68
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%.
7.09
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.
1.46
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.
0.24
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.
0.96
Price movement
52 week high175.1
52 week low145.2
Current bid price-
Current offer price-
Current mid price173.4
Region
1UK25.9%
2Europe23.7%
3North America19.3%
4Money Market8.8%
5Japan5.9%
6Others5.2%
7Emerging Asia4.3%
8Australasia2.3%
9Asia2%
Industry sector
1Financials18.6%
2Fixed Interest16.3%
3Industrials11.1%
4Consumer Goods9.7%
5Consumer Services9%
6Cash & Cash Equivalents8.8%
7Technology6.6%
8Others6.4%
9Health Care4.9%
Asset type
1International Equities50%
2UK Equities19.3%
3Global Fixed Interest9.6%
4Cash & Cash Equivalents8.8%
5Property4.6%
6UK Corporate Fixed Interest3.4%
7UK Gilts3.2%
8Others1.1%
Individual holdings
1AVIVA INV PROPERTY TRUST 1 ACC2.5%
2COMMONWEALTH OF AUSTRALIA BOND FIXED 2.75%1%
3GLAXOSMITHKLINE PLC1%
4HSBC HOLDINGS PLC0.9%
5BARCLAYS PLC0.8%
6LLOYDS BANKING GROUP PLC0.8%
7RELX NV0.8%
8BP PLC0.7%
9NOVARTIS AG0.7%
Management
Fund manager group
Royal Bank of Scotland
Fund manager company
Royal Bk of Scotland Coll Inv
Fund type
OEIC
Fund objective
To achieve capital growth over the long term. The Fund has diversified investment predominantly within equities, fixed interest securities, property and cash. Investment will be through other collective investment schemes. Allocations to equities, fixed interest securities, property and cash will vary over time. Equity exposure will be restricted to 85% of the Fund. Investment may also be made in derivatives for hedging purposes.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Aggressive,Growth
Investment method
None
Fund managers
NameSinceBiography
Tom Wells01/06/2016
Gavin Counsell01/06/2013Gavin is responsible for managing a range of multi-asset funds. Joined the investment industry in 2000, and joined Aviva Investors in 2012. Prior to joining Aviva Investors, Gavin was a Senior Investment Consultant at Towers Watson within the Strategy team. Within this role Gavin provided strategic investment advice to pension scheme trustees; schemes with assets ranging from several hundred million to multi-billion. This included providing portfolio construction analysis and asset allocation advice, to achieve both target returns and diverse risk exposures. Before joining Towers Watson, he worked as a Pensions and Investment Consultant for Aon Consulting, between 2000 and 2007, focusing on asset liability modelling studies, asset allocation, portfolio structuring and performance analytics. Gavin is a qualified Fellow of the Institute and Faculty of Actuaries. He also holds a Master of Mathematics degree from the University of Warwick.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal Bank of Scot Balanced Growth
Initial charge-
Annual charge1.5%
Min single investment£1,000
Min regular saving£250
Available in ISAYes
Ongoing charge (OCF)1.98%
Total expense ratio (TER)2.2%
Bid price-
Offer price-
Mid price173.4
CurrencyGBX
Price updated19/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeC1S9
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