Fact sheet: Royal London Gvn Ret Inc Ptfl 2 Pn

Fund information
Fund name
Royal London Governed Retirement Income Portfolio 2 Pn
Fund manager company
Royal London Model Portfolio
Fund type
Fund managers
  • Trevor Greethamsince 01/04/2015
No data available.
Fund objective
This portfolio aims to deliver growth above inflation to support regular income withdrawals, whilst taking a level of risk consistent with a risk rating 2 risk attitude.
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
1 Year rank in sector
PN Unclassified
Fund size
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.
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OMW IPLPzena Gbl Expanded Val Pn39.6%
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Scot Eq Adventur Core Port Pn31.6%
Stan Life MyFolio Market V Pn28.3%
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...more in PN Unclassified

Performance snapshot

Holdings snapshot

  • UK63.6%
    Money Market3.9%
  • UK Short Dated Gilts28%
    Fixed Interest20.7%
    UK Long Dated Gilts12.2%
    UK Medium Dated Gilts8.8%
  • UK Fixed Interest54.6%
    Global Corporate Fixed Interest17.8%
    UK Equities9%
    US Equities5.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector------
Calendar performance
 YTD - 20172016201520142013
Rank within sector-----
Risk statistics
?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 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.
?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 (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.
?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 high138.17
52 week low120.99
Current bid price-
Current offer price-
Current mid price138.1
4Money Market3.92%
8South East UK0.8%
9South West UK0.44%
Industry sector
1UK Short Dated Gilts28.05%
2Fixed Interest20.73%
3UK Long Dated Gilts12.23%
4UK Medium Dated Gilts8.84%
7Consumer Goods3.15%
8Consumer Services2.75%
9Health Care2.3%
Asset type
1UK Fixed Interest54.58%
2Global Corporate Fixed Interest17.79%
3UK Equities9.03%
4US Equities5.06%
6Money Market1.98%
7Cash & Cash Equivalents1.94%
8International Equities1.9%
9Japanese Equities1.42%
Individual holdings
No data available.
Fund manager group
Scottish Life
Fund manager company
Royal London Model Portfolio
Fund type
Fund objective
This portfolio aims to deliver growth above inflation to support regular income withdrawals, whilst taking a level of risk consistent with a risk rating 2 risk attitude.
No data available.
Investment style
No data available.
Investment method
No data available.
Fund managers
Trevor Greetham01/04/2015Trevor 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.
No data available.
No data available.
Fund for sale in
United Kingdom
Royal London Governed Retirement Income Portfolio 2 Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price138.0958
Price updated22/05/2017
Institutional or retail classRetail
Citi codeJ8IF
Data provided by

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