Fact sheet: L&G Asian Income Pn

Fund information
Fund name
L&G Asian Income Pn G17
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Paul Hilsleysince 01/11/2008
Underlying fund
L&G Asian Income Trust
Fund objective
The objective of this fund is to provide income, with some potential for growth.The fund will typically invest between 90% and 100% in company shares.The fund will invest in a broad spread of company shares from all economic sectors. The company shares the fund invests in will be from Asia (excluding Japan), the rest of the Pacific region and Australasia.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.The fund may also invest in cash or deposits.If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • FTSE All World Asia - Pacific ex Japan
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
32.4%
1 Year rank in sector
38/221
Sector
PN Asia Pacific Excluding Japan
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.
110
Bid price
1142.3
Offer price
1142.3
Top in this sector
Fund name1 Year
FL Invesco Perp Asian Pn43.1%
Aviva Invesco Perpetual Asian Pn42.4%
SIP Inv Perp Asian Pn41.5%
Aviva Invsc Prptul AsnPn41.5%
L&G Invesco Perpetual Asian Pn40.8%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • Australasia33.3%
    Emerging Asia27.9%
    Asia25.5%
    Not Specified3.8%
    Europe ex UK2.3%
  • Financials35.4%
    Industrials14.5%
    Telecommunications12.3%
    Consumer Services8.6%
    Basic Materials7.9%
  • Asia Pacific Equities58.8%
    Asia Pacific Emerging Equities27.9%
    International Equities5.3%
    Europe ex UK Equities2.3%
    UK Equities2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.5%4.6%25.5%32.4%22.8%-
Sector-4.7%2.7%23%27.8%29.4%53.4%
Rank within sector57 / 22653 / 22371 / 22338 / 221166 / 208-
Quartile2nd1st2nd1st4th
Calendar performance
 YTD - 20162015201420132012
Fund31.7%-9.6%6.7%--
Sector26.4%-3.6%8.3%0.7%16.6%
Rank within sector21 / 221199 / 219132 / 208--
Quartile1st4th3rd
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.
-2.54
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.
0.99
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.
0.21
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%.
14.62
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.
3.73
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.
-0.72
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.
0.93
Price movement
52 week high1199.3
52 week low795.6
Current bid price1142.3
Current offer price1142.3
Current mid price-
Region
1Australasia33.33%
2Emerging Asia27.93%
3Asia25.48%
4Not Specified3.82%
5Europe ex UK2.29%
6UK2.17%
7Money Market2.13%
8Others1.49%
9North America1.36%
Industry sector
1Financials35.39%
2Industrials14.48%
3Telecommunications12.28%
4Consumer Services8.59%
5Basic Materials7.85%
6Technology5.66%
7Utilities4.78%
8Oil & Gas4.19%
9Consumer Goods3.08%
Asset type
1Asia Pacific Equities58.81%
2Asia Pacific Emerging Equities27.93%
3International Equities5.31%
4Europe ex UK Equities2.29%
5UK Equities2.17%
6Money Market2.13%
7North American Equities1.36%
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING3.34%
2TRANSURBAN GROUP3.32%
3CHINA CONSTRUCTION BANK3.27%
4AUSTRALIA & NEW ZEALAND BANKING GRP2.87%
5NATIONAL AUSTRALIA BANK2.44%
6QBE INSURANCE GROUP2.39%
7COAL INDIA LTD2.32%
8COAL INDIA LTD2.32%
9RIO TINTO2.3%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The objective of this fund is to provide income, with some potential for growth.The fund will typically invest between 90% and 100% in company shares.The fund will invest in a broad spread of company shares from all economic sectors. The company shares the fund invests in will be from Asia (excluding Japan), the rest of the Pacific region and Australasia.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.The fund may also invest in cash or deposits.If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • FTSE All World Asia - Pacific ex Japan
Investment style
Growth
Investment method
Shares
Fund manager
NameSinceBiography
Paul Hilsley01/11/2008Paul joined LGIM in 2006 and is lead Fund Manager for the Asian Income portfolios. He began his investment career in 1991 at Phillips and Drew Fund Management, now called UBS Global Asset Management, and developed broad experience across UK, Europe, Japan and, predominantly, Asia ex Japan, over subsequent years. At LGIM Paul launched the Legal & General Asian Income Trust and in 2013, alongside Richard Black, formed the Global Income Team which, together with Robert Dalley, forms the core of the firm's equity income expertise. He read Engineering, Economics and Management at Lincoln College, Oxford University and is an Associate of the Society of Investment Professionals.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Asian Income Pn 3
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.83%
Bid price1111.3
Offer price1111.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJQGR
L&G Asian Income 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 price1142.3
Offer price1142.3
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJQGS
L&G Asian Income Pn G25
Initial charge-
Annual charge0.85%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.93%
Bid price1107.2
Offer price1107.2
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeJQGQ
Data provided by

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