Fact sheet: Royal London FTSE 350Tkr

Fund information
Fund name
Royal London FTSE 350 Tracker Z Acc
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund manager
  • Vicky Harrisssince 19/07/2007
Fund objective
The fund seeks to achieve the total return of the FTSE 350 Index. Uses an optimised portfolio to track the total return of the FTSE 350 Index.
Benchmark
  • FTSE 350 Index
Investment style
Passive/Tracking
Investment method
Shares, Physical – Sampled/Optimised
Quick stats
1 Year return
8%
1 Year rank in sector
85/277
Sector
UT UK All Companies
Yield
3.3%
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.
0.12%
Fund size
£5,016m (£4,087m 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.
97
Mid price
148
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry44%
Schroder Recovery20.2%
UBS UK Opportunities19.9%
Charity Equity18.1%
R&M UK Equity Long Term Recovery17.8%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.8%-0.7%9.3%8%13.9%51.9%
Sector-0.5%0.5%7.6%6.1%14%60.7%
Rank within sector233 / 284142 / 28378 / 28085 / 277132 / 263176 / 250
Quartile4th3rd2nd2nd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund10%1%1%20.2%11.8%
Sector7%3.7%0.6%25.7%14.8%
Rank within sector75 / 278194 / 269117 / 264209 / 257178 / 251
Quartile2nd3rd2nd4th3rd
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.
0.64
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.
0.97
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.
0.19
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%.
9.96
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.
3.82
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.
0.12
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.
0.86
Price movement
52 week high156.9
52 week low119.7
Current bid price-
Current offer price-
Current mid price148
Region
1UK100%
Industry sector
1Financials23.4%
2Consumer Goods15.6%
3Oil & Gas12.8%
4Consumer Services11.8%
5Industrials10.3%
6Health Care9.8%
7Basic Materials6.9%
8Telecommunications4.6%
9Utilities4%
Asset type
1UK Equities100%
Individual holdings
1HSBC HLDGS5.4%
2BRITISH AMERICAN TOBACCO4.3%
3BP4%
4ROYAL DUTCH SHELL3.9%
5GLAXOSMITHKLINE3.7%
6ROYAL DUTCH SHELL3.5%
7ASTRAZENECA PLC3%
8VODAFONE GROUP2.8%
9DIAGEO2.6%
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 achieve the total return of the FTSE 350 Index. Uses an optimised portfolio to track the total return of the FTSE 350 Index.
Benchmark
  • FTSE 350 Index
Investment style
Passive/Tracking
Investment method
Shares, Physical – Sampled/Optimised
Fund manager
NameSinceBiography
Vicky Harriss19/07/2007Vicky Harriss has been a key member of RLAM's Index-Tracking team since 2002. She initially joined RLAM in 1998 as a Fund Administrator on the equities desk. Prior to joining RLAM, Vicky held a variety of project management, strategic and research positions at Strategic Planning Ltd, British Gas, Hoover Ltd and British Gypsum. She has a BSc Hons in Physical Chemistry from the University of Liverpool. She also holds Diplomas in Market Research and Marketing from Kingston Business School.
Compliance
FE Passive Rateable, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London FTSE 350 Tracker Z Acc
Initial charge0.5%
Annual charge0.1%
Min single investment£500,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)0.12%
Total expense ratio (TER)0.12%
Bid price-
Offer price-
Mid price148
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeAJM7
Royal London FTSE 350 Tracker Z Inc Ltd Issuance
Initial charge0.5%
Annual charge0.1%
Min single investment£100,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.12%
Total expense ratio (TER)0.13%
Bid price-
Offer price-
Mid price112.7
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeE0G9
Data provided by

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