Fact sheet: JLT Growth Pn

Fund information
Fund name
JLT Growth Pn 3
Fund manager company
JLT Group
Fund type
Pension Fund
Fund managers
  • Darryn Lakesince 12/06/2012
  • Hilary Brownsince 12/06/2012
No data available.
Fund objective
The JLT Growth Fund combines our fund selection expertise with our in depth knowledge of the investment market over a broad range of asset classes. JLT Investment Management (JLT IM) manage this Fund within a dynamic asset allocation framework using a core of diversified growth funds and adding asset classes where we see value. We will alter the allocations to reflect our views for expected returns.
Benchmark
  • LIBOR 3 month GBP
Investment style
Balanced
Investment method
Equity, Money Market, Fixed Interest
Quick stats
1 Year return
2%
1 Year rank in sector
392/514
Sector
PN Specialist
Yield
-
Fund size
£481m (£603m 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.
31
Top in this sector
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...more in PN Specialist

Performance snapshot

Holdings snapshot

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.3%-0.2%1.5%2%10%-
Sector-0%-0.1%6.8%9.4%21.6%42.3%
Rank within sector305 / 546259 / 545394 / 531392 / 514280 / 386-
Quartile3rd2nd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund1.8%2%4.9%--
Sector9.3%2%7.2%11%7.7%
Rank within sector396 / 514171 / 450233 / 388--
Quartile4th2nd3rd
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.
-0.94
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.
0.63
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
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%.
4.2
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.
2.89
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.
-1.09
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.
0.8
Price movement
52 week high1.17
52 week low1.08
Current bid price-
Current offer price-
Current mid price1.15
Region
No data available.
Industry sector
No data available.
Asset type
1Others71.99%
2Global Fixed Interest10.34%
3Money Market9.33%
4Property8.34%
Individual holdings
1THREADNEEDLE MULTI ASSET FUND28.15%
2STANDARD LIFE GARS16.37%
3INVESTEC DGF15.12%
4BLACKROCK DC DIVERSIFIED GROWTH PN B12.36%
5STONE HARBOR MULTI ASSET CREDIT10.34%
6THREADNEEDLE PROPERTY INT - JLT BLENDED FUND8.34%
Management
Fund manager group
JLT Group
Fund manager company
JLT Group
Fund type
Pension Fund
Fund objective
The JLT Growth Fund combines our fund selection expertise with our in depth knowledge of the investment market over a broad range of asset classes. JLT Investment Management (JLT IM) manage this Fund within a dynamic asset allocation framework using a core of diversified growth funds and adding asset classes where we see value. We will alter the allocations to reflect our views for expected returns.
Benchmark
  • LIBOR 3 month GBP
Investment style
Balanced
Investment method
Equity, Money Market, Fixed Interest
Fund managers
NameSinceBiography
Darryn Lake12/06/2012Darryn Lake is the Chief Investment Officer of JLT Investment Management and co manager of JLT’s Growth Fund. Prior to this Darryn was an Investment Manager at Charteris Treasury. Darryn has 19 years’ investment experience and is a CISI diploma holder.
Hilary Brown12/06/2012Hilary Brown is an Investment Manager with JLT Investment Management and co manager of JLT’s Growth Fund. Prior to this Hilary worked as an Investment Strategist for Alexander Forbes Group, where her responsibilities included asset allocation, fund selection and portfolio construction. Hilary has 12 years’ investment experience and is a CISI diploma holder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
JLT Growth Pn
Initial charge-
Annual charge0.78%
Min single investment£20
Min regular saving£20
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.78%
Bid price-
Offer price-
Mid price1.2007
CurrencyGBP
Price updated07/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeGGHV
JLT Growth Pn 2
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 price1.0771
CurrencyGBP
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeKSDT
JLT Growth Pn 3
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 price1.1533
CurrencyGBP
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeIANU
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.