Fact sheet: L&G AAA FxIntAllStkTgdDurPMCPn

Fund information
Fund name
L&G AAA Fixed Interest All Stocks Targeted Duration PMC Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Helen Stuartsince 13/05/2004
No data available.
Fund objective
To produce a total return in line with the performance of the FTSE A Government (All Stocks) Index and capture the yield spread over gilts of AAA-AA-rated fixed interest securities.
Benchmark
  • FTSE A Govt All Stocks
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
5.7%
1 Year rank in sector
130/260
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£6m (£6m 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.
55
Bid price
2031.3
Offer price
2031.3
Top in this sector
Fund name1 Year
FL TEActv Bln Bd IE12.1%
MetLife Fid Corp Bd 20yr Pn10.8%
OMW IPL L&G AAA CrpBdOv15YIx Pn10.1%
BlackRock DC AqOv 15 YCrp BdIx HP10%
AEGON Long Core Plus Pn9.7%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • Europe ex UK56.5%
    UK26.3%
    North America13.7%
    Middle East/ Africa1.4%
    Asia1.2%
  • Government Bonds60.9%
    Investment Grade Corporate Bonds35.5%
    High Yield Bond2.2%
    Fixed Interest1.2%
    Cash & Cash Equivalents0.2%
  • Global Government Fixed Interest60.9%
    Global Investment Grade Fixed Interest35.5%
    Global High Yield Fixed Interest2.2%
    Global Fixed Interest1.2%
    Cash & Cash Equivalents0.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-8.1%1.7%5.7%22.1%28.4%
Sector-1.6%-5.3%2.6%5.9%17.9%39.2%
Rank within sector180 / 265255 / 265219 / 265130 / 26021 / 235201 / 210
Quartile3rd4th4th2nd1st4th
Calendar performance
 YTD - 20162015201420132012
Fund8.2%0.1%13.9%-2.4%6.5%
Sector7.1%0.2%10.5%1%13.5%
Rank within sector55 / 260150 / 24610 / 235223 / 226205 / 210
Quartile1st3rd1st4th4th
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.
0.64
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.
1.1
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.
0.48
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%.
7.12
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.
4.07
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.
0.27
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.
0.67
Price movement
52 week high2225.6
52 week low1877.6
Current bid price2031.3
Current offer price2031.3
Current mid price-
Region
1Europe ex UK56.54%
2UK26.32%
3North America13.67%
4Middle East/ Africa1.42%
5Asia1.22%
6Emerging Asia0.64%
7Money Market0.19%
Industry sector
1Government Bonds60.94%
2Investment Grade Corporate Bonds35.48%
3High Yield Bond2.19%
4Fixed Interest1.2%
5Cash & Cash Equivalents0.19%
Asset type
1Global Government Fixed Interest60.94%
2Global Investment Grade Fixed Interest35.48%
3Global High Yield Fixed Interest2.19%
4Global Fixed Interest1.2%
5Cash & Cash Equivalents0.19%
Individual holdings
1NETWORK RAIL INFRASTRUCTURE FINANCE 4.375% NTS 09/12/30 GBP500002.91%
2TREASURY 4.25% GILT 7/12/462.75%
3EUROPEAN INVESTMENT BANK 4.5% BDS 07/06/29 GBP10002.28%
4LCR FINANCE 4.5% GTD BDS 7/12/2028 GBP1000 `144A`2.25%
5EUROPEAN INVESTMENT BANK 4.625% NTS 12/10/54 GBP10002.2%
6LCR FINANCE 4.5% GTD BDS 7/12/2038 GBP1000 `144A`2.19%
7KREDITANSTALT FUER WIEDERAUFBAU KFW 4.875% BDS 15/03/37 GBP10002.15%
8TENNESSEE VALLEY AUTHORITY 4.625% BDS 7/6/43 GBP10002.15%
9TREASURY 4.75% GILT 07/12/30 GBP2.14%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To produce a total return in line with the performance of the FTSE A Government (All Stocks) Index and capture the yield spread over gilts of AAA-AA-rated fixed interest securities.
Benchmark
  • FTSE A Govt All Stocks
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Helen Stuart13/05/2004Helen is a Fund Manager, Index Funds within the bond team. Helen focuses on the UK government and corporate bond funds. Helen joined LGIM in 1985, initially as a Performance Analyst in Managed Funds. She then spent six years in the client administration team before joining Index Funds in 1994. Helen was originally responsible for maintaining the UK equity fund management system and overseeing client portfolio weightings. She then moved into the growing index bond funds area in 1996, becoming a fund manager in 2001. Helen has a first class BSc (Hons) degree in Mathematics from the Open University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G AAA Fixed Interest All Stocks Targeted Duration PMC Pn 3
Initial charge-
Annual charge0.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.12%
Bid price205.6
Offer price205.6
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDE5
L&G AAA Fixed Interest All Stocks Targeted Duration PMC Pn G17
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price207.1
Offer price207.1
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEJY5
L&G AAA Fixed Interest All Stocks Targeted Duration PMC Pn G25
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price2031.3
Offer price2031.3
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAMC7
Data provided by

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