Fact sheet: FL LGIM Hybrid Property Pn

Fund information
Fund name
FL LGIM Hybrid Property Pn
Fund manager company
Friends Life
Fund type
Pension Fund
Fund manager
  • Mark Russellsince 01/03/2010
No data available.
Fund objective
LGIM state that the fund aims to provide diversified exposure to the UK Property market and the Global REITS market. The fund invests around 30% in global real estate index markets to offer diversification whilst reducing dealing and management costs and enhancing liquidity. The underlying fund invests in the LGIM Managed Property Fund and the LGIM Global Real Estate Equity Index Fund (Global REITS) with a typical 70/30 asset allocation. Derivatives may be used for efficient portfolio management purposes. The benchmark of the fund is 70% IPD UK Quarterly All Balanced Property Funds Index, 30% FTSE EPRA/NAREIT Global REITS.
Benchmark
  • Composite
Investment style
No data available.
Investment method
Mixed
Quick stats
1 Year return
7.7%
1 Year rank in sector
46/59
Sector
PN Global Property
Yield
-
Fund size
£0m (£0m 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.
129
Top in this sector
Fund name1 Year
OMW Aviva Asia Pacific Prp41.9%
LV= Sch Gbl Rel Est Sec Inc Pn24%
L&G Gbl Real Estate Eq Ix Pn23.4%
FL MyM L&G Gl Rl Est Eq Ix Pn22.4%
AXA Wealth BR Glb Prop TrkrPn22.2%
...more in PN Global Property

Performance snapshot

Holdings snapshot

  • No data available.
  • Other - Property37%
    Offices - Property26.8%
    Retail - Property14.2%
    Industrial - Property12.3%
    Shop - Property5.5%
  • Property Shares100%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%6.2%2.1%7.7%--
Sector-1.9%-3.1%4.4%11.7%36.1%58.9%
Rank within sector12 / 612 / 6048 / 6046 / 59--
Quartile1st1st4th4th
Calendar performance
 YTD - 20162015201420132012
Fund11.1%6.1%---
Sector9.2%5.5%17.6%2%15.3%
Rank within sector39 / 599 / 58---
Quartile3rd1st
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 high131.8
52 week low114.1
Current bid price-
Current offer price-
Current mid price129.3
Region
No data available.
Industry sector
1Other - Property37.01%
2Offices - Property26.76%
3Retail - Property14.19%
4Industrial - Property12.35%
5Shop - Property5.46%
6Leisure - Property4.23%
Asset type
1Property Shares100%
Individual holdings
1MANAGED PROPERTY FUND66.5%
2SIMON PROPERTY GROUP INC1.5%
3PUBLIC STORAGE0.7%
4PROLOGIS INC0.6%
5UNIBAIL-RODAMCO0.6%
6WELLTOWER INC0.6%
7AVALONBAY COMMUNITIES INC0.5%
8EQUITY RESIDENTIAL PROPERTIES TRUST SHS OF BENEFICIAL INTEREST USD0.010.5%
9MITSUBISHI ESTATE CO0.5%
Management
Fund manager group
Friends Life
Fund manager company
Friends Life
Fund type
Pension Fund
Fund objective
LGIM state that the fund aims to provide diversified exposure to the UK Property market and the Global REITS market. The fund invests around 30% in global real estate index markets to offer diversification whilst reducing dealing and management costs and enhancing liquidity. The underlying fund invests in the LGIM Managed Property Fund and the LGIM Global Real Estate Equity Index Fund (Global REITS) with a typical 70/30 asset allocation. Derivatives may be used for efficient portfolio management purposes. The benchmark of the fund is 70% IPD UK Quarterly All Balanced Property Funds Index, 30% FTSE EPRA/NAREIT Global REITS.
Benchmark
  • Composite
Investment style
No data available.
Investment method
Mixed
Fund manager
NameSinceBiography
Mark Russell01/03/2010
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
FL LGIM Hybrid Property 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 price129.3
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKLJR
FL LGIM Hybrid Property Pn Inet
Initial charge-
Annual charge1.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.11%
Bid price-
Offer price-
Mid price124.92
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKLJS
Data provided by

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