Fact sheet: L&G Baring Multi Asset Pn

Fund information
Fund name
L&G Baring Multi Asset Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Christopher Mahonsince 01/09/2014
Underlying fund
Baring Multi Asset
Fund objective
The investment objective of the Fund is to generate a capital return in excess of UK inflation over a three year period. There is no guarantee that this objective will be achieved over the three year period, or any other period, and the capital value of the Fund is at risk.
Benchmark
  • RPI +4%
Investment style
Balanced
Investment method
Equity
Quick stats
1 Year return
10.8%
1 Year rank in sector
372/496
Sector
PN Mixed Investment 20%-60% Shares
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.
49
Bid price
116.62
Offer price
116.62
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn44.1%
OMW IPL F&COs EqLnkUKInflPn39.1%
OMW IPL F&C Os EqLkUK GltPn28.6%
Aegon Dynamic Lifestyle 2023 (RR)Pn27.4%
AXA Wealth TEAMS cl Gvn ptfl VPn26.4%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • Not Specified31%
    Europe ex UK22.6%
    Others11.1%
    Global Emerging Markets11%
    Money Market10.8%
  • No data available.
  • Europe ex UK Equities22.6%
    Global High Yield Fixed Interest15.4%
    Others11.1%
    Global Emerging Market Government Fixed Interest11%
    Cash & Cash Equivalents10.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%3.4%2.5%10.8%16.4%-
Sector0.6%3.1%3.1%13.1%21.9%41.7%
Rank within sector75 / 536222 / 535354 / 525372 / 496311 / 417-
Quartile1st2nd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund4.2%6.2%0.1%--
Sector2.9%11.8%1.3%6%8.3%
Rank within sector67 / 528419 / 465315 / 429--
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.
-
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 high116.19
52 week low103.61
Current bid price116.62
Current offer price116.62
Current mid price-
Region
1Not Specified31%
2Europe ex UK22.6%
3Others11.1%
4Global Emerging Markets11%
5Money Market10.8%
6Japan9.4%
7International4.1%
Industry sector
No data available.
Asset type
1Europe ex UK Equities22.6%
2Global High Yield Fixed Interest15.4%
3Others11.1%
4Global Emerging Market Government Fixed Interest11%
5Cash & Cash Equivalents10.8%
6Japanese Equities9.4%
7Global Government Fixed Interest8%
8Alternative Assets7.6%
9International Equities4.1%
Individual holdings
1UNITED STATES OF AMER TREAS BONDS 3.375% BDS 15/4/2032 USD10007.29%
2BARING EUROPEAN OPPORTUNITIES I INC NAV GBP6.51%
3BABSON CAPITAL GLOBAL UMBRELLA FUND US HIGH YIELD BD COMPONENT TR X USD ACC5.54%
4TREASURY 0% GILT 24/04/17 GBP14.92%
5NB HIGH YIELD BOND I USD4.34%
6MEXICO(UNITED MEXICAN STATES) 10% BDS 05/12/24 MXN1004.12%
7SOURCE PHYSICAL GOLD USD4.06%
8SOURCE PHYSICAL GOLD USD4.06%
9BAILLIE GIFFORD JAPANESE B INC3.96%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The investment objective of the Fund is to generate a capital return in excess of UK inflation over a three year period. There is no guarantee that this objective will be achieved over the three year period, or any other period, and the capital value of the Fund is at risk.
Benchmark
  • RPI +4%
Investment style
Balanced
Investment method
Equity
Fund managers
NameSinceBiography
Christopher Mahon01/09/2014Christopher is a senior member of the investment management and decision making team responsible for multi asset investment at Barings. He will provide strategic recommendations for asset allocation to the multi asset team as well as sitting on the Strategic Policy Group, the company’s global macro research and asset allocation committee. He has over 13 years’ experience of financial markets and joins Barings from Momentum Global Investment Management. At Momentum he was the Head of Investment Strategy, responsible for the asset allocation and portfolio construction teams and was the lead portfolio manager for their flagship multi asset funds. He holds a CFA and MA in Natural Sciences from Cambridge University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Baring Multi Asset Pn 3
Initial charge-
Annual charge0.62%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.9%
Bid price118.27
Offer price118.27
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK98F
L&G Baring Multi Asset Pn G25
Initial charge-
Annual charge1.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price116.62
Offer price116.62
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeK98E
Data provided by

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