Fact sheet: Royal London Schroders Income Pn

Fund information
Fund name
Royal London Schroders Income Pn
Fund manager company
RLAM Ltd
Fund type
Pension Fund
Fund managers
  • Kevin Murphysince 17/05/2010
  • Nick Kirragesince 17/05/2010
Underlying fund
Schroder Income
Fund objective
The aim of the Fund is to provide a growing income by investing primarily in UK equities. The Fund manager focuses on shares which trade at a relatively low valuation compared to the companys assets or profit growth prospects. These shares tend to carry a high yield (income distributions as a percentage of the share price). However, to achieve a growing level of income, the Fund manager invests in shares where he believes the company will be able to continue to pay out a high level of income through growing profits.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
20.1%
1 Year rank in sector
16/225
Sector
PN UK Equity Income
Yield
-
Fund size
£0m (£0m 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.
129
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income31.3%
OMW IPLM&GGlLePn25.8%
FL Income Accumulation Pn25.7%
FL Schroder Inc AP25.4%
Zurich Schroder Income Pn24.6%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK82.9%
    USA13.7%
    Australia3.2%
    Money Market0.1%
    Not Specified0.1%
  • Financials30.3%
    Consumer Services17%
    Health Care12.6%
    Oil & Gas11.3%
    Technology8.7%
  • UK Equities81.9%
    US Equities14.2%
    Australian Equities3.4%
    Money Market0.7%
    Alternative Investment Strategies-0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.9%7.1%14.8%20.1%18.9%84.8%
Sector1.3%-0.7%7.2%9.3%20.2%62.5%
Rank within sector4 / 2298 / 22914 / 22916 / 225131 / 20522 / 192
Quartile1st1st1st1st3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund20.4%-7.6%3.7%29.9%25.5%
Sector8.2%3.9%3.7%23.2%13.2%
Rank within sector13 / 225217 / 220109 / 20525 / 19719 / 192
Quartile1st4th3rd1st1st
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.
-2.06
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.
1.22
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.
0.07
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%.
12.34
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.
5.96
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.
-0.19
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.
0.79
Price movement
52 week high198.21
52 week low147.52
Current bid price-
Current offer price-
Current mid price200.46
Region
1UK82.94%
2USA13.67%
3Australia3.15%
4Money Market0.15%
5Not Specified0.09%
Industry sector
1Financials30.29%
2Consumer Services17%
3Health Care12.56%
4Oil & Gas11.33%
5Technology8.71%
6Basic Materials7.94%
7Utilities6.1%
8Telecommunications3.51%
9Industrials2.31%
Asset type
1UK Equities81.94%
2US Equities14.19%
3Australian Equities3.35%
4Money Market0.71%
5Alternative Investment Strategies-0.19%
Individual holdings
1BP6.75%
2HSBC HLDGS5.86%
3GLAXOSMITHKLINE5.69%
4ROYAL BANK OF SCOTLAND GROUP PLC5.01%
5BARCLAYS PLC4.94%
6AVIVA4.69%
7ROYAL DUTCH SHELL4.57%
8TESCO3.92%
9MORRISON(WM.)SUPERMARKETS3.9%
Management
Fund manager group
No data available.
Fund manager company
RLAM Ltd
Fund type
Pension Fund
Fund objective
The aim of the Fund is to provide a growing income by investing primarily in UK equities. The Fund manager focuses on shares which trade at a relatively low valuation compared to the companys assets or profit growth prospects. These shares tend to carry a high yield (income distributions as a percentage of the share price). However, to achieve a growing level of income, the Fund manager invests in shares where he believes the company will be able to continue to pay out a high level of income through growing profits.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Kevin Murphy17/05/2010Kevin Murphy, CFA is a Specialist Value UK Equity Fund Manager with 13 years investment experience. Previously he was a sector analyst for Pan European Construction and Building Materials. His Investment career commenced in 2000 at Schroders. He is a Chartered Financial Analyst and he holds a Degree in Economics from Manchester University.
Nick Kirrage17/05/2010Nick Kirrage, CFA is a Specialist Value UK Equity Fund Manager with 12 years investment experience. Previously a sector analyst responsible for a number of UK sectors including Transport and Metals & Mining. His investment career commenced in 2001 at Schroders. He is a Chartered Financial Analyst and holds a Degree in Aeronautical Engineering, Bristol University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London Schroders Income Pn
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)2.44%
Total expense ratio (TER)2.44%
Bid price-
Offer price-
Mid price200.458
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeA1S3
Data provided by

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