Fact sheet: Royal London US Tracker

Fund information
Fund name
Royal London US Tracker Z Acc
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund manager
  • Symon Bradfordsince 23/08/2007
Fund objective
To achieve a capital return equal to the capital return of the FTSE World US Index. Uses an optimised portfolio to track the capital return of the FTSE® World US Index
Benchmark
  • FTSE World USA
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Shares
Quick stats
1 Year return
28.3%
1 Year rank in sector
37/82
Sector
UT North America
Yield
1.3%
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.
0.23%
Fund size
£4,122m (£3,043m 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.
102
Mid price
280.6
Top in this sector
Fund name1 Year
VT De Lisle America53.3%
CF Canlife North American44.5%
Aviva Inv US Equity Income39.6%
Investec American38.9%
Aviva Inv US Eq Inc II38.8%
...more in UT North America

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.7%7.8%22.4%28.3%67.2%134.6%
Sector4.6%8.2%20.9%26.3%59.2%119.4%
Rank within sector45 / 9056 / 8843 / 8437 / 8222 / 7314 / 64
Quartile2nd3rd3rd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund28%5.5%21.1%30.9%8.3%
Sector26.3%4.9%17.8%30.5%6.9%
Rank within sector37 / 8242 / 8019 / 7329 / 6622 / 64
Quartile2nd3rd2nd2nd2nd
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.
1.58
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.
1.05
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.
1.25
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%.
11.97
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.
1.79
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.
1.24
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.
0.98
Price movement
52 week high284.9
52 week low197.3
Current bid price-
Current offer price-
Current mid price280.6
Region
1USA100%
Industry sector
1Technology18.2%
2Financials18.1%
3Consumer Services13.1%
4Health Care12.9%
5Industrials11.8%
6Consumer Goods10.8%
7Oil & Gas7%
8Utilities3.3%
9Telecommunications2.6%
Asset type
1US Equities100%
Individual holdings
1APPLE INC3.2%
2MICROSOFT CORP2.4%
3EXXON MOBIL CORP1.8%
4JOHNSON & JOHNSON1.7%
5AMAZON.COM INC1.6%
6FACEBOOK INC1.5%
7GENERAL ELECTRIC CO.1.4%
8JPMORGAN CHASE & CO1.3%
9ALPHABET INC1.2%
Management
Fund manager group
Royal London Unit Tst Mgrs
Fund manager company
Royal London Unit Tst Mgrs Ltd
Fund type
OEIC
Fund objective
To achieve a capital return equal to the capital return of the FTSE World US Index. Uses an optimised portfolio to track the capital return of the FTSE® World US Index
Benchmark
  • FTSE World USA
Investment style
Passive/Tracking
Investment method
Physical – Sampled/Optimised, Shares
Fund manager
NameSinceBiography
Symon Bradford23/08/2007Symon Bradford joined the RLAM Quantitative Team in 2004. He is responsible for the management of the US passive funds. Symon has worked in quantitative investment management and research for over 20 years, previously holding roles at M&G, Wood Mackenzie/NatWest Securities and Tilney Investment Management. He has sat on several index committees and was one of the originators of the FT Actuaries World Indices.
Compliance
FE Passive Rateable, IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
Royal London US Tracker Z Acc
Initial charge-
Annual charge0.2%
Min single investment£500,000
Min regular saving£50,000
Available in ISAYes
Ongoing charge (OCF)0.23%
Total expense ratio (TER)0.23%
Bid price-
Offer price-
Mid price280.6
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeA0L5
Data provided by

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