Fact sheet: FL LGIM Div Pn

Fund information
Fund name
FL LGIM Diversified Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund managers
  • Asset Allocation Teamsince 11/01/2012
  • LGIM Index Fund Management Teamsince 11/01/2012
Underlying fund
LGIM Diversified
Fund objective
Legal & General state that the fund aims to provide long-term investment growth through exposure to a diversified range of asset classes. The fund will hold between 20% and 50% in bonds, the remaining 50% to 80% will be held in a range of assets which may include equities, property, commodities and the shares of infrastructure companies. Exposure to each asset class will primarily be through investing in passively managed funds, although active management may be used for some asset classes.
Benchmark
  • Composite
Investment style
Flexible
Investment method
No data available.
Quick stats
1 Year return
24.1%
1 Year rank in sector
195/865
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£164m (£1m 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.
71
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn37.6%
Scot Eq Sequel Adven Jrny Pn34.6%
Scot Eq Sequel Adventurous Pn34.6%
FL My Ftr Adv Gth XE/IE Pn34.5%
FL My Ftr Advantage Gth Pn34.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • North America27.2%
    Europe ex UK18.3%
    UK14.6%
    Not Specified8.8%
    Japan6.8%
  • Government Bonds21.3%
    Financials19%
    Investment Grade Corporate Bonds14.9%
    Industrials6.7%
    High Yield Bond5.6%
  • International Equities40.1%
    Global Fixed Interest33.7%
    Property7.2%
    UK Equities5.7%
    UK Gilts4.7%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%6.1%5.4%24.1%--
Sector2.1%5.3%4.6%20%25.5%47.4%
Rank within sector570 / 918200 / 907505 / 906195 / 865--
Quartile3rd1st3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund2.9%20.2%---
Sector2.2%14.3%2.2%5.7%13.1%
Rank within sector201 / 90748 / 800---
Quartile1st1st
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high127.9
52 week low102.3
Current bid price-
Current offer price-
Current mid price127.9
Region
1North America27.2%
2Europe ex UK18.32%
3UK14.6%
4Not Specified8.8%
5Japan6.83%
6Emerging Asia6.74%
7Central & S America4.2%
8European Emerging Markets3.38%
9Asia2.66%
Industry sector
1Government Bonds21.3%
2Financials18.99%
3Investment Grade Corporate Bonds14.94%
4Industrials6.74%
5High Yield Bond5.6%
6Consumer Goods5.55%
7Utilities4.77%
8Others4.71%
9Consumer Services3.93%
Asset type
1International Equities40.1%
2Global Fixed Interest33.73%
3Property7.22%
4UK Equities5.69%
5UK Gilts4.69%
6UK Corporate Fixed Interest4.21%
7Commodity & Energy1.58%
8Cash & Cash Equivalents1.46%
9Others1.32%
Individual holdings
1LEGAL AND GENERAL PROPERTY FUND0.55%
2TREASURY 1.25% IDX-LKD GILT 22/11/27 GBP`WI`DEC0.47%
3TREASURY 1.875% IDX LKD GILT 22/11/22 GBP0.46%
4TREASURY 2 1/2% IDX-LINKED GILT 20240.44%
5TREASURY 0.125% IDX LKD GILT 22/03/24 GBP WI JUL0.35%
6TREASURY 0.125% IDX LKD GILT 22/03/29 GBP0.010.35%
7UNION PACIFIC CORP0.34%
84 1/8% INDEX-LINKED TREASURY STOCK 20300.32%
9NESTLE SA0.32%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
Legal & General state that the fund aims to provide long-term investment growth through exposure to a diversified range of asset classes. The fund will hold between 20% and 50% in bonds, the remaining 50% to 80% will be held in a range of assets which may include equities, property, commodities and the shares of infrastructure companies. Exposure to each asset class will primarily be through investing in passively managed funds, although active management may be used for some asset classes.
Benchmark
  • Composite
Investment style
Flexible
Investment method
No data available.
Fund managers
NameSinceBiography
Asset Allocation Team11/01/2012The Index Fund management team comprises 29 investment professionals with average industry experience of 14 years. Together they are responsible for a wide range of index funds – covering equities, fixed income and alternative asset classes. The team has £277 billion index assets under management. All data as at 31 December 2015
LGIM Index Fund Management Team11/01/2012The Index Fund management team comprises 29 investment professionals with average industry experience of 14 years. Together they are responsible for a wide range of index funds – covering equities, fixed income and alternative asset classes. The team has £277 billion index assets under management. All data as at 31 December 2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL LGIM Diversified Pn
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price127.9
CurrencyGBX
Price updated24/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMBKD
FL LGIM Diversified Pn Inet
Initial charge-
Annual charge0.52%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.52%
Bid price-
Offer price-
Mid price126.74
CurrencyGBX
Price updated24/02/2017
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMBLC
Data provided by

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