Funds and prices

Overview

The ÃÛ¶¹ÊÓÆµ FTSE RAFI Developed 1000 Index Fund (the Fund) seeks to track the return of the FTSE RAFI Developed 1000 Total Return Net GBP – QSR Index (the Index) before the deduction of charges. The Fund employs a passive investment strategy, investing all, or substantially all, of its assets in the shares of companies that make up the Index. To the extent that the Fund is not fully invested in the constituents of the Index, it may be invested in shares of companies which in the Manager's opinion are reasonably expected to become part of the Index. The Index is comprised of 1000 large, medium and small companies in developed markets, selected and weighted using a composite of fundamental factors, including total cash dividends, free cash flow, total sales and book equity value. FTSE Russell® is a trade mark owned by the London Stock Exchange Group companies and is used by FTSE Russell International Limited under licence.

The FTSE Russell RAFI® Index Series is calculated by FTSE Russell International Limited (“FTSE Russell”) in conjunction with Research Affiliates LLC (“RA”). Neither FTSE Russell nor RA sponsor, endorse or promote this product and are not in any way connected to it and do not accept any liability in relation to its issue, operation and trading.

Any intellectual property rights in the index values and constituent list vests in FTSE Russell. Fundamental Index ® and RAFI® trade names are the exclusive property of Research Affiliates®, LLC.

Benefits

The fund aims to replicate the performance of the FTSE RAFI Developed 1000 index and exhibit low levels of active risk.

Having been an early adopter of alternative beta indexation, investors can rely on the investment team's extensive experience in managing alternative beta indices such as the FTSE RAFI Developed 1000.

Risks

Equity risk: Equities (also known as shares) can lose value rapidly and typically involve higher risks than bonds. Counterparty risk: counterparties on trades may default or not comply with contractual obligations resulting in loss. Exchange rate risk: the value of investments may be impacted by changes in the exchange rates of currencies. Liquidity risk: securities may become more difficult to sell or sell at a desired price during difficult market conditions.

Features

Product category
ÃÛ¶¹ÊÓÆµ Equity Funds
ÃÛ¶¹ÊÓÆµ Country & Regional Funds
Product domicile
United Kingdom
Portfolio management
ÃÛ¶¹ÊÓÆµ Asset Management (UK) Ltd., London
Fund management
ÃÛ¶¹ÊÓÆµ Asset Management Funds Ltd., London
Custodian bank
JPMorgan Chase Bank, London
Day of inception
17 October 2017
Currency of account
GBP
Close of financial year
31 March
Issue / redemption
daily
Distribution
Reinvestment
Maturity
Open end
Management fee
0.25% p.a.
Swing pricing
yes
Minimum investment
n.a.
Reference Index / Benchmark
FTSE RAFI Developed 1000 Total Return Net GBP – QSR Index
ISIN
GB00BX9C1L56
Bloomberg Ticker
ÃÛ¶¹ÊÓÆµFRCA LN

Performance and Prices

Percentage growth

as of 02 April 2024
Cumulative
GBP(%) EUR(%)
YTD
1M
3M 7.29 8.57
6M 14.71 15.96
1Y 18.51 21.55
2Y 21.53 19.45
3Y 41.34 40.40
5Y
ø p.a.5Y 11.31 11.36
Discrete Annual
GBP(%) EUR(%)
Q1 2023 to Q1 2024 18.93 22.24
Q1 2022 to Q1 2023 3.08 -0.86
Q1 2021 to Q1 2022 16.26 17.19
Q1 2020 to Q1 2021 43.03 48.58
Q1 2019 to Q1 2020 -14.92 -17.15

Current data

Net asset value 03.04.2024 GBP 0.8854
High - last 12 months 28.03.2024 GBP 0.8907
Low - last 12 months 31.05.2023 GBP 0.7342
Assets of the unit class in mn 03.04.2024 GBP 96.97
Total product assets in mn 03.04.2024 GBP 546.54
Statistical data
Date
2 years
5 years
Total risk reference index / benchmark 29.02.2024 12.19% 14.52%
Sharpe Ratio 29.02.2024 0.55 0.65
Risk Free Rate 31.03.2024 3.71% 1.71%

Structures

Fees

Flat fee
n.a.
Management fee p.a.
0.25%
Max. issuing commission
0.00%
Max. redemption commission
0.00%
Distribution fee
(see info)

Distributions

No distributions. Continuous reinvestment of income.

Authorisations

Country of distribution
Representative / Information
United Kingdom
ÃÛ¶¹ÊÓÆµ Asset Management (UK) Limited

Literature

Brochures
Document type
Document Language
Fact Sheet
Fact Sheet - ÃÛ¶¹ÊÓÆµ Equity Funds
Fact Sheet - ÃÛ¶¹ÊÓÆµ Country & Regional Funds
Agreement / Prospectus
Document type
Document Language
Prospectus
Key Investor Information (KIID)
UK Climate Report
Annual and semi-annual report (accounting on 31 March)
Document type
Document Language
Annual report
Semi-annual report
General information
Document type
Document Language
Schedule of non-dealing days
Supplementary Information Document (SID)
Understanding our fund charges and costs
Application forms
Document type
Document Language
ISA Application Form
ISA Transfer Form
OEIC Application Form
OEIC Application Form Entity
OEIC ISA Redemption Request Form
OEIC ISA Switch Form
APS ISA Application Form
APS ISA Transfer Authourity Form
Small Estate Form