Fact sheet: Royal London UK Ethical Eq

Fund information
Fund name
Royal London UK Ethical Equity M Inc
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund managers
  • Mike Foxsince 01/02/2016
Fund objective
The Fund seeks to achieve a combination of capital growth and income over the medium (5 years) to long (7 years) term. A full specification of the ethical criteria is available from the Manager upon request.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Quick stats
1 Year return
-2.2%
1 Year rank in sector
251/277
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.
0.8%
Fund size
£28m (£23m 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.
93
Mid price
121
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%-2.9%2.9%-2.2%9.1%57.4%
Sector-0.5%0.5%7.6%6.1%14%60.7%
Rank within sector165 / 284230 / 283225 / 280251 / 277218 / 263148 / 250
Quartile3rd4th4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund-0.8%1.1%4.9%28.8%13.8%
Sector7%3.7%0.6%25.7%14.8%
Rank within sector240 / 278189 / 26938 / 26497 / 257136 / 251
Quartile4th3rd1st2nd3rd
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.
-1.26
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.
0.99
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.
0.01
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%.
10.06
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.
3.45
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.
-0.39
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.
0.88
Price movement
52 week high129.3
52 week low107.4
Current bid price-
Current offer price-
Current mid price121
Region
1UK100%
Industry sector
1Financials23.1%
2Industrials22.6%
3Consumer Services18.2%
4Health Care10.1%
5Telecommunications8.4%
6Utilities7.1%
7Oil & Gas6.6%
8Technology2.1%
9Consumer Goods1.8%
Asset type
1UK Equities100%
Individual holdings
1RELX NV4.5%
2PRUDENTIAL PLC4.4%
3SMITH & NEPHEW4.2%
4ASTRAZENECA PLC4.1%
5RENTOKIL INITIAL4.1%
6ROYAL DUTCH SHELL4.1%
7SMITHS GROUP3.9%
8VODAFONE GROUP3.7%
9BT GROUP3.5%
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 a combination of capital growth and income over the medium (5 years) to long (7 years) term. A full specification of the ethical criteria is available from the Manager upon request.
Benchmark
  • FTSE All Share
Investment style
None
Investment method
Shares
Fund managers
NameSinceBiography
Mike Fox01/02/2016Mike joined RLAM in August 2013 following the acquisition of The Co-operative Asset Management by the Royal London Group. He is Head of Sustainable Investments at RLAM. Mike became a fund manager in November 2003 when he took over managing the RL Sustainable Leaders Trust. Prior to this, Mike worked as a deputy fund manager at the Co-operative employee pension fund for two years and as an investment analyst for two years covering the utility, support services and media sectors. Mike originally trained and qualified as a chartered accountant with Ernst & Young in Manchester.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London UK Ethical Equity M Acc
Initial charge-
Annual charge0.7%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.79%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price141.4
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGWUR
Royal London UK Ethical Equity M Inc
Initial charge-
Annual charge0.7%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.8%
Total expense ratio (TER)1.48%
Bid price-
Offer price-
Mid price121
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeNKY2
Data provided by

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