Fact sheet: Royal London Cautious Managed

Fund information
Fund name
Royal London Cautious Managed A Acc
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund manager
  • Trevor Greethamsince 09/06/2015
Fund objective
The Fund seeks to provide a combination of capital growth and income. Any income the assets generate is reinvested back into the Fund.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
6.7%
1 Year rank in sector
34/75
Sector
UT Mixed Investment 0%-35% Shares
Yield
1.2%
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.
0.68%
Fund size
£76m (£25m last year)
Mid price
106
Top in this sector
Fund name1 Year
BlackRock NURS II Consensus 3515.2%
SVS TPI Cautious 313.3%
Old Mutual Cirilium Cons11.4%
SJP Strategic Income10.9%
VT Turcan Connell Inc Pfl10%
...more in UT Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK47%
    Money Market39%
    International14%
  • Government Bonds31.1%
    Certificates of Deposit10.5%
    Corporate Bonds8.2%
    Financials5.7%
    Floating Rate Notes5.1%
  • UK Gilts29.6%
    Global Corporate Fixed Interest25.9%
    Money Market19.7%
    UK Equities11.1%
    US Equities7.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%-1.7%3.9%6.7%--
Sector-1%-1.6%3.8%5.8%12.7%25%
Rank within sector13 / 8339 / 8334 / 8234 / 75--
Quartile1st2nd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund6.3%----
Sector6.1%0.3%5.2%4.2%6.3%
Rank within sector40 / 75----
Quartile3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high108.5
52 week low97.2
Current bid price-
Current offer price-
Current mid price106
Region
1UK47%
2Money Market39%
3International14%
Industry sector
1Government Bonds31.07%
2Certificates of Deposit10.52%
3Corporate Bonds8.18%
4Financials5.65%
5Floating Rate Notes5.07%
6Structured Products4.81%
7Consumer Goods4.07%
8Financial Services3.45%
9Consumer Services3.38%
Asset type
1UK Gilts29.58%
2Global Corporate Fixed Interest25.94%
3Money Market19.7%
4UK Equities11.09%
5US Equities7.15%
6Japanese Equities2.45%
7Global Index Linked1.4%
8Australian Equities0.76%
9South Korean Equities0.54%
Individual holdings
1ROYAL LONDON UK GOVERNMENT BOND FUND CL A RET INC19%
2ROYAL LONDON BOND STERLING CREDIT FUND Z INST INC16.9%
3ROYAL LONDON FTSE 350 TRACKER Z ACC10.9%
4ROYAL LONDON SHORT DURATION CREDIT Z INC10.9%
5ROYAL LONDON CASH PLUS Z ACC9.7%
6ROYAL LONDON SHORT TERM MONEY MARKET Y ACC9.7%
7ROYAL LONDON DURATION HEDGED CREDIT FUND ACC8.8%
8ROYAL LONDON US INDEX TRACKER FUND Z ACC7.1%
9ROYAL LONDON ASIA PACIFIC EX JAPAN TRACKER Z ACC2.6%
Management
Fund manager group
Royal London Unit Tst Mgrs
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund objective
The Fund seeks to provide a combination of capital growth and income. Any income the assets generate is reinvested back into the Fund.
Benchmark
No data available.
Investment style
Cautious
Investment method
None
Fund manager
NameSinceBiography
Trevor Greetham09/06/2015Trevor Greetham joined RLAM as Head of Multi Asset in April 2015. He is responsible for the tactical asset allocation strategies applied in Royal London’s life and pension funds and for developing and managing new multi asset funds for institutional and retail clients. Prior to joining RLAM, Trevor was Asset Allocation Director for Fidelity Worldwide Investment, where he was responsible for implementing tactical investment decisions across a wide range of institutional and retail funds including the Fidelity Multi Asset Strategic Fund. From 1995 to 2005, Trevor was Director of Asset Allocation for Merrill Lynch. Trevor qualified as an actuary with UK life assurer Provident Mutual and has a Master of Arts in Mathematics from Cambridge University.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London Cautious Managed A Acc
Initial charge-
Annual charge0.6%
Min single investment£5,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.68%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price106
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMFVW
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.