Fact sheet: L&G Aviva Inv Corp Bond Pn

Fund information
Fund name
L&G Aviva Investors Corporate Bond Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
Underlying fund
Aviva Inv Corporate Bond
Fund objective
The Fund aims to provide a level of income above that available from UK Government bonds and to preserve the value of the investment over the long term. Long term is generally regarded as 5 years or more.
Benchmark
  • iBoxx Sterling Non Gilt TR
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.7%
1 Year rank in sector
231/262
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£0m
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.
41
Bid price
167.32
Offer price
167.32
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP16.4%
L&G PMC AAAAAA CpBd Ov15Y Id Pn16.3%
FL M&G All Stocks Corp Bd Pn15.1%
M&G PP All Stock Corporate Bond Pn15%
Zurich M&G All StCor Bd14.5%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK50.6%
    Europe25.1%
    North America11.9%
    Money Market6.7%
    International3.2%
  • BBB45.8%
    A19.7%
    AA13.5%
    AAA10.6%
    Money Market6.7%
  • UK Corporate Fixed Interest43.5%
    Global Fixed Interest41.7%
    UK Gilts7.1%
    Cash & Cash Equivalents6.7%
    Others1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%0.7%-5.1%7.7%15.9%32.8%
Sector0.2%1.6%-3.5%9.8%19%36.1%
Rank within sector153 / 266260 / 265251 / 266231 / 262184 / 236165 / 215
Quartile3rd4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund-0.5%7.3%0.4%10.1%0.8%
Sector-0.1%9.4%0.2%10.5%1%
Rank within sector223 / 266213 / 261124 / 247144 / 236131 / 227
Quartile4th4th3rd3rd3rd
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.
-0.93
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.
1.01
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.
0.23
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%.
5.41
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.
0.65
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.
-1.38
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.
0.99
Price movement
52 week high176.32
52 week low155.16
Current bid price167.32
Current offer price167.32
Current mid price-
Region
1UK50.6%
2Europe25.1%
3North America11.9%
4Money Market6.7%
5International3.2%
6Central & S America1.7%
7Australasia0.8%
Industry sector
1BBB45.8%
2A19.7%
3AA13.5%
4AAA10.6%
5Money Market6.7%
6BB1.9%
7Others1%
8Non-Rated0.5%
9B0.3%
Asset type
1UK Corporate Fixed Interest43.5%
2Global Fixed Interest41.7%
3UK Gilts7.1%
4Cash & Cash Equivalents6.7%
5Others1%
Individual holdings
1EUROPEAN INVESTMENT BANK 5% BDS 15/4/2039 GBP10002.3%
2EUROPEAN INVESTMENT BANK BOND FIXED 1.5%1.9%
3 WESTERN POWER DISTRIBUTION WEST MIDLANDS PLC1.7%
4TREASURY 4.75% GILT 07/12/38 GBP1.7%
5TREASURY 4.75% GILT 20201.7%
6HEATHROW FUNDING LTD MEDIUM TERM NOTE FIXED 7.125%1.6%
7HSBC HLDGS 6.75% SUBORD NTS 11/09/28 GBP500001.6%
8AA BOND CO LTD 6.269% BDS 31/07/25 GBP1000001.5%
9ELECTRICITE DE FRANCE SA MEDIUM TERM NOTE FIXED1.5%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The Fund aims to provide a level of income above that available from UK Government bonds and to preserve the value of the investment over the long term. Long term is generally regarded as 5 years or more.
Benchmark
  • iBoxx Sterling Non Gilt TR
Investment style
No data available.
Investment method
No data available.
Fund managers
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Aviva Investors Corporate Bond Pn G25
Initial charge-
Annual charge1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price167.32
Offer price167.32
Mid price-
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL377
Data provided by

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