Fact sheet: Royal London UK IncwGth Trst

Fund information
Fund name
Royal London UK Income With Growth Trust Inc
Fund manager company
RLUM (CIS) Ltd
Fund type
Unit Trust
Fund managers
  • Joe Walterssince 01/02/2014
Fund objective
A UK fund including investment grade fixed income exposure and a focused equity portfolio comprising stocks with above average income prospects and capital growth. The investment aim of the Fund is to provide first quartile performance over a rolling three-year period measured against the UK Equity & Bond Income sector. The Fund aims to achieve a total return comprising an equity capital return exceeding that of the FTSE All-Share Index, and a yield at least 20% greater than the FTSE All-Share Index. This will be achieved through investing in an equity portfolio and a range of fixed interest securities.
Benchmark
  • FTSE All Share TR
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
0.1%
1 Year rank in sector
27/28
Sector
UT UK Equity & Bond Income
Yield
4.2%
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.
1.52%
Fund size
£364m (£389m 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.
70
Bid price
219.6
Offer price
222.9
Top in this sector
Fund name1 Year
First Arrow Diversified20.8%
S&W Millbank Veracruz19%
S&W Millbank Brooklyn18.1%
S&W Millbank Blackwall11.8%
Thesis The Ambrose10.2%
...more in UT UK Equity & Bond Income

Performance snapshot

Holdings snapshot

  • UK97.8%
    Money Market1.8%
    International0.4%
  • Fixed Interest26.7%
    Financials14.1%
    Consumer Goods11.5%
    Utilities8.8%
    Health Care8.1%
  • UK Large Cap Companies61.5%
    UK Corporate Fixed Interest26.7%
    UK Mid Cap Companies9.6%
    Money Market1.8%
    Global Corporate Fixed Interest0.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.9%-4.8%2.2%0.1%11.5%48%
Sector-1.5%-0.7%6.9%6.7%17.9%49.3%
Rank within sector14 / 2829 / 2928 / 2927 / 2823 / 2515 / 24
Quartile2nd4th4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund3%2.5%3.7%20.2%12.4%
Sector7.9%2.7%5.5%15.5%10.3%
Rank within sector26 / 2817 / 2621 / 257 / 2411 / 24
Quartile4th3rd4th2nd2nd
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.
-1.16
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.
1.03
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.
0.1
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%.
7.73
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.
2.25
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.
-0.45
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.
0.91
Price movement
52 week high233.8
52 week low204.4
Current bid price219.6
Current offer price222.9
Current mid price-
Region
1UK97.8%
2Money Market1.8%
3International0.4%
Industry sector
1Fixed Interest26.71%
2Financials14.14%
3Consumer Goods11.49%
4Utilities8.84%
5Health Care8.05%
6Consumer Services7.76%
7Industrials7.17%
8Oil & Gas6.19%
9Telecommunications5.7%
Asset type
1UK Large Cap Companies61.5%
2UK Corporate Fixed Interest26.7%
3UK Mid Cap Companies9.6%
4Money Market1.8%
5Global Corporate Fixed Interest0.4%
Individual holdings
1BRITISH AMERICAN TOBACCO4.4%
2GLAXOSMITHKLINE4.4%
3ROYAL DUTCH SHELL4.3%
4IMPERIAL BRANDS PLC4%
5ASTRAZENECA PLC3.8%
6HSBC HLDGS3.8%
7BT GROUP3.1%
8NATIONAL GRID2.8%
9VODAFONE GROUP2.7%
Management
Fund manager group
CIS UT Managers
Fund manager company
RLUM (CIS) Ltd
Fund type
Unit Trust
Fund objective
A UK fund including investment grade fixed income exposure and a focused equity portfolio comprising stocks with above average income prospects and capital growth. The investment aim of the Fund is to provide first quartile performance over a rolling three-year period measured against the UK Equity & Bond Income sector. The Fund aims to achieve a total return comprising an equity capital return exceeding that of the FTSE All-Share Index, and a yield at least 20% greater than the FTSE All-Share Index. This will be achieved through investing in an equity portfolio and a range of fixed interest securities.
Benchmark
  • FTSE All Share TR
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Joe Walters01/02/2014Joe currently manages a number of institutional mandates, having previously managed the CIS UK Growth Trust for over 10 years. Prior to that he managed the CIS UK Income with Growth Trust for over nine years, during which time it was awarded the best performing Fund in the UK Equity with Bond sector for the 5 years to December 1998. Joe has over 20 years of industry experience and previously held roles as an investment analyst covering a number of consumer sectors, such as general retail, beverages and tobacco, both at The Co-operative Asset Management and as a regional stockbroker. He qualified as an Associate Member of the Society of Investment Analysts in 1993 and is an ongoing Associate of the CFA, UK.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London UK Income With Growth Trust Inc
Initial charge5%
Annual charge1.5%
Min single investment£1,000
Min regular saving£500
Available in ISAYes
Ongoing charge (OCF)1.52%
Total expense ratio (TER)1.53%
Bid price219.6
Offer price222.9
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeXI02
Data provided by

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