Fact sheet: Royal London Europe ex UK Tracker

Fund information
Fund name
Royal London Europe ex UK Tracker Z
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund manager
  • Jean-Marc Langesince 01/12/2013
Fund objective
The Fund aims to achieve the capital return of the FTSE World Europe ex UK Index by investment primarily in the securities that make up the FTSE World Europe ex UK Index.
Benchmark
  • FTSE World Europe EX UK
Investment style
Passive/Tracking,Growth
Investment method
Physical – Sampled/Optimised, Shares
Quick stats
1 Year return
8.9%
1 Year rank in sector
47/96
Sector
UT Europe Excluding UK
Yield
2.4%
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.
0.23%
Fund size
£614m (£649m 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.
109
Mid price
122.6
Top in this sector
Fund name1 Year
Marlborough Eurpn Multi-Cap30.9%
Liontrust European Growth18.4%
Neptune European Opps18.4%
Aviva Inv Euro Equity MoM 217.8%
FP CRUX Eurpn Spl Sits15.5%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • No data available.
  • Financials21.7%
    Consumer Goods19.8%
    Industrials15.3%
    Health Care12.6%
    Basic Materials8.3%
  • No data available.

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-6.6%-2.3%7%8.9%15.6%-
Sector-6.3%-2.1%5.9%8.1%18.2%71.4%
Rank within sector60 / 10153 / 10036 / 9947 / 9666 / 87-
Quartile3rd3rd2nd2nd4th
Calendar performance
 YTD - 20162015201420132012
Fund9%4.5%0.1%--
Sector7%9.1%-0.7%27.3%19.2%
Rank within sector36 / 9883 / 9144 / 87--
Quartile2nd4th3rd
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.
-1.01
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.
1.07
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.
0.18
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%.
11.68
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.
2.14
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.
-0.31
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.
0.97
Price movement
52 week high134.6
52 week low100.1
Current bid price-
Current offer price-
Current mid price122.6
Region
No data available.
Industry sector
1Financials21.7%
2Consumer Goods19.8%
3Industrials15.3%
4Health Care12.6%
5Basic Materials8.3%
6Consumer Services5.6%
7Oil & Gas4.4%
8Technology4.4%
9Telecommunications4%
Asset type
No data available.
Individual holdings
1NESTLE SA4.1%
2NOVARTIS AG3.1%
3ROCHE HLDG AG2.9%
4TOTAL SA1.9%
5ANHEUSER-BUSCH INBEV SA/NV1.7%
6SANOFI1.6%
7SIEMENS AG1.6%
8BASF SE1.5%
9BAYER AG1.5%
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 aims to achieve the capital return of the FTSE World Europe ex UK Index by investment primarily in the securities that make up the FTSE World Europe ex UK Index.
Benchmark
  • FTSE World Europe EX UK
Investment style
Passive/Tracking,Growth
Investment method
Physical – Sampled/Optimised, Shares
Fund manager
NameSinceBiography
Jean-Marc Lange01/12/2013Jean Marc joined RLAM in March 2012 from Henderson Global Investors where he was a Passive Fund Manager. He currently runs the RL European ex-UK Passive Fund and assists Vicky Harriss and Symon Bradford with the day-to-day running of RLAM's UK, Asia and US passive fund range. He also held a previous position as a Senior Risk Analyst at Henderson, focusing on equity long/short and market neutral hedge funds. He is a CFA Charterholder, holds an MBA in Finance and an MSc in Applied Statistics.
Compliance
FE Passive Rateable, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London Europe ex UK Tracker Z
Initial charge-
Annual charge0.18%
Min single investment£1,000,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)0.23%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price122.6
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJDXR
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.