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 managers
  • JoJo Chensince 01/11/2016
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
28%
1 Year rank in sector
29/98
Sector
UT Europe Excluding UK
Yield
2.2%
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.
0.25%
Fund size
£561m (£696m 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.
117
Mid price
144.4
Top in this sector
Fund name1 Year
Neptune European Opps50.9%
Marlborough Eurpn Multi-Cap46%
Schroder Eurpn Alpha Plus35.3%
CF Miton Eu Opp34.5%
Schroder Eurpn Alp Inc34%
...more in UT Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France20.6%
    Germany20.5%
    Switzerland19.6%
    Netherlands7%
    Spain6.9%
  • Financials22.1%
    Consumer Goods19.4%
    Industrials15%
    Basic Materials8.5%
    Consumer Services5.1%
  • French Equities20.6%
    German Equities20.5%
    Swiss Equities19.6%
    Dutch Equities7%
    Spanish Equities6.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.9%9.6%13.3%28%31.8%-
Sector4.5%9.2%11.7%25.5%31.8%81.7%
Rank within sector34 / 10135 / 10032 / 10029 / 9851 / 87-
Quartile2nd2nd2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund7.4%19.5%4.5%0.1%-
Sector6.9%16.4%9.1%-0.7%27.3%
Rank within sector38 / 10124 / 9883 / 9144 / 87-
Quartile2nd1st4th3rd
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.
-0.51
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.
0.38
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%.
11.51
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.
2.09
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.
-0.03
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 high145.2
52 week low108.7
Current bid price-
Current offer price-
Current mid price144.4
Region
1France20.58%
2Germany20.5%
3Switzerland19.65%
4Netherlands7.05%
5Spain6.88%
6Sweden6.43%
7Italy4.86%
8Denmark3.67%
9Belgium2.74%
Industry sector
1Financials22.05%
2Consumer Goods19.41%
3Industrials14.97%
4Basic Materials8.49%
5Consumer Services5.14%
6Technology4.59%
7Oil & Gas4.51%
8Telecommunications3.85%
9Utilities3.55%
Asset type
1French Equities20.58%
2German Equities20.5%
3Swiss Equities19.65%
4Dutch Equities7.05%
5Spanish Equities6.88%
6Swedish Equities6.43%
7Italian Equities4.86%
8Danish Equities3.67%
9Belgian Equities2.74%
Individual holdings
1NESTLE SA3.93%
2NOVARTIS AG3.18%
3ROCHE HLDG AG2.95%
4TOTAL SA1.86%
5SIEMENS AG1.7%
6SANOFI1.65%
7BAYER AG1.57%
8ANHEUSER-BUSCH INBEV SA/NV1.51%
9BASF SE1.48%
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 managers
NameSinceBiography
JoJo Chen01/11/2016JoJo Chen joined RLAM as a Passive Fund Manager in June 2016. Prior to joining RLAM she was an assistant fund manager at UBS Asset Management, mainly looking after various passive index linked funds/ETFs. Her previous positions include business unit controller in the UBS investment banking division, monitoring equity derivatives and a role as an equity derivative financial analyst at Bank of America Merrill Lynch. JoJo also spent three years at KPMG LLP before moving into the banking/asset management industry. She is a CFA charter holder and qualified accountant (ACCA).
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)0.25%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price144.4
CurrencyGBX
Price updated21/03/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJDXR
Data provided by

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