Fact sheet: L&G Artemis Global Income Pn

Fund information
Fund name
L&G Artemis Global Income Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Jacob de Tusch-Lecsince 18/07/2010
Underlying fund
Artemis Global Income
Fund objective
The fund aims to achieve a rising income combined with capital growth from a wide range of investments. The fund will mainly invest in global equities but may have exposures to fixed interest securities. We will not be restricted in our choice of investments, regardless of size of the company, the industry it trades in or the geographical split of the portfolio.
Benchmark
  • ABI Sector Average
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
15.9%
1 Year rank in sector
652/961
Sector
PN Global Equities
Yield
-
Fund size
£1m (£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.
101
Bid price
110.79
Offer price
110.79
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn34.5%
OMW IPL M&G Global Dividend Pn32.2%
LV= M&G Global Div Pn32.2%
Aviva M&G Global Div Pn31.4%
Stan Life M&G Global Dividend Pn31.2%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA29.2%
    UK13.5%
    Germany7.8%
    Italy6.8%
    China5.8%
  • Banks16.1%
    Telecommunications Utilities10.6%
    Insurance10.2%
    Financials8%
    Hardware7.5%
  • US Equities29.2%
    UK Equities13.3%
    German Equities7.1%
    Italian Equities6.8%
    Chinese Equities5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.5%5.1%17.9%15.9%--
Sector-1.9%2.7%15.4%17.8%32.6%78.7%
Rank within sector724 / 1039194 / 1035353 / 1025652 / 961--
Quartile3rd1st2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund16.6%----
Sector17.7%3.7%7.8%21.4%11.2%
Rank within sector595 / 963----
Quartile3rd
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 high114.15
52 week low84.26
Current bid price110.79
Current offer price110.79
Current mid price-
Region
1USA29.23%
2UK13.46%
3Germany7.82%
4Italy6.77%
5China5.78%
6France5.46%
7Brazil5.39%
8Norway5.08%
9Japan3.93%
Industry sector
1Banks16.13%
2Telecommunications Utilities10.56%
3Insurance10.16%
4Financials7.98%
5Hardware7.46%
6Materials7.01%
7Energy6.53%
8Capital Goods6.49%
9Transport5.66%
Asset type
1US Equities29.23%
2UK Equities13.3%
3German Equities7.12%
4Italian Equities6.77%
5Chinese Equities5.78%
6French Equities5.46%
7Brazilian Equities5.39%
8Norwegian Equities5.08%
9Japanese Equities3.93%
Individual holdings
1BHP BILLITON PLC3.66%
2STOREBRAND ASA3.22%
3GENERAL MOTORS CO2.78%
4BANCO DO BRASIL2.49%
5MONETA MONEY BANK AS2.42%
6WESTERN DIGITAL CORP2.39%
7APPLE INC2.27%
8ZIONS BANCORP2.12%
9EUSKALTEL SA2.1%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The fund aims to achieve a rising income combined with capital growth from a wide range of investments. The fund will mainly invest in global equities but may have exposures to fixed interest securities. We will not be restricted in our choice of investments, regardless of size of the company, the industry it trades in or the geographical split of the portfolio.
Benchmark
  • ABI Sector Average
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Jacob de Tusch-Lec18/07/2010Jacob's career in investment management began in 1998 at Copenhagen-based BankInvest, one of the largest independent fund managers in Scandinavia, where he was a portfolio manager on the Central and Eastern European/ Russia Equity Unit Trust. In 2002 he joined Merrill Lynch's global equity macro research department as vice president of pan-European equity strategy.Jacob holds a BA and an MSc in economics from the University of Copenhagen; and an MBA from the Stern School of Business at New York University (NYU), specialising in international economics and finance. During his time at NYU he was a teaching assistant under the internationally acclaimed economist, Professor Nouriel Roubini.He returned to managing money in 2005 when he joined Artemis. He managed the Artemis Capital Fund from January 2006 until June 2010; and has managed the Artemis Global Income Fund since its launch in July 2010 and the Artemis Global Equity Income Fund since its launch in June 2015. He has also managed, with James Foster, the Artemis Monthly Distribution Fund since its launch in May 2012.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Artemis Global Income Pn G25
Initial charge-
Annual charge1.24%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.24%
Bid price110.79
Offer price110.79
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeM9IU
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.