Fact sheet: Royal London UK Opportunities

Fund information
Fund name
Royal London UK Opportunities M Acc
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund manager
  • Derek Mitchellsince 20/07/2007
Fund objective
The fund seeks to achieve capital growth. This concentrated, 'best ideas' UK equity fund takes high conviction stock and sector positions based on the fund manager's top down market view, with a strong emphasis on earnings momentum.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
14.5%
1 Year rank in sector
231/271
Sector
UT UK All Companies
Yield
2.4%
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.
0.72%
Fund size
£720m (£643m 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
186.1
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry38.1%
Old Mutual Equity 134.5%
Old Mutual UK Mid Cap33.8%
MI Chelverton UK Equ Grth32.8%
R&M UK Equity Long Term Recovery31%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.9%4.8%9.3%14.5%19.3%54.1%
Sector1.6%5.2%9.5%18.8%22.9%64.6%
Rank within sector164 / 279134 / 279114 / 275231 / 271192 / 257189 / 242
Quartile3rd2nd2nd4th3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund5.4%5.1%5.3%1.2%31.3%
Sector6%11.2%3.7%0.6%25.7%
Rank within sector136 / 277226 / 269118 / 260108 / 25565 / 248
Quartile2nd4th2nd2nd2nd
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.
-1.77
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.
1.07
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.
0.18
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%.
9.97
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.
2.78
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.
-0.49
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 high187.6
52 week low150
Current bid price-
Current offer price-
Current mid price186.1
Region
1UK100%
Industry sector
1Financials21.4%
2Industrials20.76%
3Health Care14.38%
4Consumer Services11.8%
5Basic Materials9.98%
6Oil & Gas9.66%
7Consumer Goods7.54%
8Telecommunications2.25%
9Technology2.24%
Asset type
1UK Equities100%
Individual holdings
1ROYAL DUTCH SHELL5.05%
2BP4.61%
3IMPERIAL BRANDS PLC4.6%
4BARCLAYS PLC4.55%
5LLOYDS BANKING GROUP PLC4.52%
6DCC4.39%
7PRUDENTIAL PLC4.36%
8SMITH & NEPHEW4.03%
9GLAXOSMITHKLINE3.41%
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. This concentrated, 'best ideas' UK equity fund takes high conviction stock and sector positions based on the fund manager's top down market view, with a strong emphasis on earnings momentum.
Benchmark
  • FTSE All Share
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Derek Mitchell20/07/2007Derek joined RLAM in July 2007 to manage the newly launched Royal London UK Special Situations Fund (now called Royal London Opportunities Fund). In August 2009, he also took over responsibility for the Royal London UK Mid Cap Growth Fund. Derek came to RLAM from Rutherglen Capital where he spent nine months managing a directional equity global media hedge fund. Prior to this, he built up over 20 years experience at F&C Asset Management and its antecedent companies, ISIS Asset Management and Royal & Sun Alliance Investment Management, managing both institutional and retail portfolios with a particular emphasis on high alpha funds.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London UK Opportunities A Acc
Initial charge4%
Annual charge1.4%
Min single investment£1,000
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.42%
Total expense ratio (TER)1.42%
Bid price-
Offer price-
Mid price177.1
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAJM6
Royal London UK Opportunities M Acc
Initial charge-
Annual charge0.7%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.71%
Bid price-
Offer price-
Mid price186.1
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGXZ5
Royal London UK Opportunities M Inc
Initial charge-
Annual charge0.7%
Min single investment£100,000
Min regular saving£1,000
Available in ISAYes
Ongoing charge (OCF)0.72%
Total expense ratio (TER)0.72%
Bid price-
Offer price-
Mid price140.9
CurrencyGBX
Price updated26/04/2017
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeM2U0
Royal London UK Opportunities Z Acc
Initial charge-
Annual charge0.55%
Min single investment£25,000,000
Min regular saving£50,000
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeJX4E
Data provided by

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