Fact sheet: L&G Allz Stg Bd Pn

Fund information
Fund name
L&G Allianz Strategic Bond Pn 3
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Kacper Brzezniaksince 29/03/2017
  • Mike Riddellsince 30/11/2015
Underlying fund
Allianz Str Bd
Fund objective
The Fund aims to maximise total return, primarily through investment in fixed income securities issued by UK and European corporates, governments and supranational institutions, and has flexibility to invest in high grade bonds. Investors should be aware that the Fund's capital is at risk and there is no guarantee that the Fund will achieve its investment objective over any particular period or at all.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Quick stats
1 Year return
4.6%
1 Year rank in sector
139/171
Sector
PN Sterling Strategic Bond
Yield
-
Fund size
£0m (£2m 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.
32
Bid price
148.12
Offer price
148.12
Top in this sector
Fund name1 Year
OMW AXA Framlington Mgd Inc12.7%
Canlife AXA Fram Mgd Inc Pn12.6%
AXA Wealth AXA Fram Mgd Inc Pn12.3%
SIP BG Corporate Bd Pn12.2%
AXA Wealth Arch MMgr Str BdPn11.3%
...more in PN Sterling Strategic Bond

Performance snapshot

Holdings snapshot

  • UK97.4%
    Money Market2.6%
  • Government Bonds68.4%
    Corporate Bonds21.4%
    Government Guaranteed7.9%
    Money Market2.6%
    Mortgage & Secured Bonds1.6%
  • UK Fixed Interest97.4%
    Money Market2.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.5%2.5%-0.2%4.6%11.3%27.8%
Sector0.5%1.6%2%7.2%12.5%35.5%
Rank within sector1 / 17320 / 173156 / 171139 / 171104 / 156116 / 146
Quartile1st1st4th4th3rd4th
Calendar performance
 YTD - 20172016201520142013
Fund2.3%4.4%-0.2%7.5%1.3%
Sector2%6.7%0.7%5.6%5.9%
Rank within sector84 / 173146 / 167115 / 16232 / 156142 / 152
Quartile2nd4th3rd1st4th
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.
-0.41
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.
0.92
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%.
4.08
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.
2.8
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.
0.53
Price movement
52 week high150.81
52 week low140.41
Current bid price148.12
Current offer price148.12
Current mid price-
Region
1UK97.4%
2Money Market2.6%
Industry sector
1Government Bonds68.4%
2Corporate Bonds21.4%
3Government Guaranteed7.9%
4Money Market2.6%
5Mortgage & Secured Bonds1.6%
6Derivatives-1.9%
Asset type
1UK Fixed Interest97.4%
2Money Market2.6%
Individual holdings
1US TREASURY N/B FIX 1.750% 15.05.20236.7%
2UNITED KINGDOM GILT FIX 0.500% 22.07.20226.14%
3DENMARK(KINGDOM OF) 1.75% BDS 15/11/25 DKK0.016.03%
4UNITED STATES OF AMER TREAS BONDS 5% NTS 15/05/37 USD10005.08%
5MEXICO(UNITED MEXICAN STATES) 8.5% BDS 13/12/18 MXN1004.06%
6ITALY(REPUBLIC OF) 1.6% BDS 01/06/26 EUR10003.81%
7UNITED STATES OF AMER TREAS NOTES 1.75% BDS 31/12/20 USD1003.73%
8UNITED STATES OF AMER TREAS NOTES 1.625% BDS 15/02/26 USD10003.49%
9GERMANY(FEDERAL REPUBLIC OF) 4.75% BDS 4/7/2028 EUR0.013.02%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The Fund aims to maximise total return, primarily through investment in fixed income securities issued by UK and European corporates, governments and supranational institutions, and has flexibility to invest in high grade bonds. Investors should be aware that the Fund's capital is at risk and there is no guarantee that the Fund will achieve its investment objective over any particular period or at all.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
None
Fund managers
NameSinceBiography
Kacper Brzezniak29/03/2017
Mike Riddell30/11/2015Mike Riddell joined Allianz Global Investors on October 1st 2015 as a fixed income portfolio manager. Mike has nearly 15 years’ experience in fixed income having worked with M&G in London for 12 years, running bond portfolios, and prior to that at Premier Asset Management. As well as depth of experience, Mike’s experience is broad, including not only UK Bonds but also emerging markets and global mandates. In March 2010, he became fund manager of the M&G Emerging Markets Bond Fund, the M&G International Sovereign Bond Fund and the M&G Index-Linked Bond Fund. At the same time, he was appointed deputy fund manager of the M&G Global Macro Bond Fund and the M&G Gilt & Fixed Interest Income Fund, taking over as lead manager of the latter fund in February 2014. Mike graduated from Birmingham University in 2001 with a BSc (Hons) in Money, Banking and Finance, and is a CFA charter holder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Allianz Strategic Bond Pn 3
Initial charge-
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.82%
Bid price148.12
Offer price148.12
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCR3
L&G Allianz Strategic Bond Pn G25
Initial charge-
Annual charge1.14%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.18%
Bid price146.06
Offer price146.06
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL102
Data provided by

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