Fact sheet: Royal London UK Equity

Fund information
Fund name
Royal London UK Equity M Acc
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund managers
  • Ivor Pethersince 11/01/2013
Fund objective
The fund seeks to achieve capital growth. Offering broad UK market exposure, the RL UK Equity Fund draws on the manager's top down investment process and focuses on earnings momentum as a key driver of future share price performance.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
4.2%
1 Year rank in sector
163/277
Sector
UT UK All Companies
Yield
3.1%
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.
0.65%
Fund size
£522m (£473m 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.
92
Mid price
140.2
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-2.1%-0.9%7.7%4.2%13.9%50.5%
Sector-0.5%0.5%7.6%6.1%14%60.7%
Rank within sector164 / 284152 / 283127 / 280163 / 277134 / 263186 / 250
Quartile3rd3rd2nd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund6.4%1.9%2.4%23.1%10.3%
Sector7%3.7%0.6%25.7%14.8%
Rank within sector142 / 278163 / 26980 / 264168 / 257214 / 251
Quartile3rd3rd2nd3rd4th
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.
0.12
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.
1.01
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.
0.16
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%.
9.93
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.
2.76
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.
0.04
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.
0.92
Price movement
52 week high148
52 week low115.8
Current bid price-
Current offer price-
Current mid price140.2
Region
1UK100%
Industry sector
1Financials19.4%
2Industrials16.3%
3Oil & Gas12.2%
4Health Care11.6%
5Consumer Goods11%
6Consumer Services10.5%
7Basic Materials6.4%
8Utilities5.5%
9Telecommunications4.1%
Asset type
1UK Equities100%
Individual holdings
1ROYAL DUTCH SHELL6.2%
2HSBC HLDGS5%
3BP4.4%
4GLAXOSMITHKLINE4.3%
5RIO TINTO4%
6IMPERIAL BRANDS PLC3.2%
7ASTRAZENECA PLC3.1%
8SAGE GROUP3%
93I GROUP2.7%
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 capital growth. Offering broad UK market exposure, the RL UK Equity Fund draws on the manager's top down investment process and focuses on earnings momentum as a key driver of future share price performance.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Ivor Pether11/01/2013Ivor has worked within the Royal London Group since 1984, joining RLAM on its inception in 1988. Initially managing income unit trusts, and then the RL Staff Pension Fund, in 1989 he assumed responsibility for the management of the UK equity component of the Royal London Life Fund. Prior to joining Royal London, he spent two years as an economist at SIA Computer Services, having begun his career as a base metals analyst at CRU. Ivor has a BSc in Economics from the University of Bristol and an MA in Economics from the University of Warwick. He is a member of the Associate of the Institute of Investment Management & Research (subsequently renamed the CFA Society of the UK).
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London UK Equity A Acc
Initial charge4%
Annual charge1.25%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.28%
Total expense ratio (TER)1.3%
Bid price-
Offer price-
Mid price976.5
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeHD31
Royal London UK Equity M Acc
Initial charge-
Annual charge0.62%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.65%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price140.2
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLWG6
Data provided by

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