Fact sheet: L&G BlackRock UK Income Pn

Fund information
Fund name
L&G BlackRock UK Income Pn 3
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Mark Wharriersince 24/09/2013
  • Adam Avigdorisince 16/11/2009
  • David Goldmansince 30/06/2015
Underlying fund
BlackRock UK Income
Fund objective
The Fund aims to achieve an above average, and growing, income without sacrificing the benefits of long-term capital growth on your investment. The Fund invests primarily in the shares of companies incorporated, or listed on a stock exchange, in the UK. The Fund has the flexibility to invest outside of the asset class set out above.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
3.5%
1 Year rank in sector
172/225
Sector
PN UK Equity Income
Yield
-
Fund size
£3m (£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.
101
Bid price
180.89
Offer price
180.89
Top in this sector
Fund name1 Year
OMW UBS UK Equity Income26.3%
FL Income Accumulation Pn23%
FL Schroder Inc AP22.6%
OMW IPLM&GGlLePn22.6%
Scot Eq Schroder Income Pn21.9%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK93.3%
    Money Market4%
    USA2.8%
  • Consumer Services23.5%
    Financials17.4%
    Consumer Goods16.4%
    Industrials14.6%
    Health Care9.3%
  • UK Equities93.3%
    Money Market4%
    US Equities2.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.2%-3%3.7%3.5%26.3%54.3%
Sector1.1%-1.3%6.3%7.8%19.2%61%
Rank within sector155 / 229151 / 229159 / 229172 / 22513 / 205152 / 192
Quartile3rd3rd3rd4th1st4th
Calendar performance
 YTD - 20162015201420132012
Fund2.7%9.6%8.2%14.1%11.3%
Sector7.3%3.9%3.7%23.2%13.2%
Rank within sector176 / 22519 / 2201 / 205195 / 197132 / 192
Quartile4th1st1st4th3rd
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.
1.52
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.
1.11
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.
0.4
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%.
10.52
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.
3.43
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.
0.59
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.
0.9
Price movement
52 week high191.68
52 week low155.23
Current bid price180.89
Current offer price180.89
Current mid price-
Region
1UK93.26%
2Money Market3.95%
3USA2.79%
Industry sector
1Consumer Services23.5%
2Financials17.44%
3Consumer Goods16.42%
4Industrials14.61%
5Health Care9.33%
6Telecommunications7.58%
7Oil & Gas6.06%
8Money Market3.95%
9Basic Materials1.11%
Asset type
1UK Equities93.26%
2Money Market3.95%
3US Equities2.79%
Individual holdings
1BRITISH AMERICAN TOBACCO6.44%
2UNILEVER5.01%
3ASTRAZENECA PLC4.49%
4BT GROUP3.86%
5VODAFONE GROUP3.71%
6ROYAL DUTCH SHELL3.67%
7RELX PLC3.61%
8LLOYDS BANKING GROUP PLC3.46%
9GLAXOSMITHKLINE3.44%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The Fund aims to achieve an above average, and growing, income without sacrificing the benefits of long-term capital growth on your investment. The Fund invests primarily in the shares of companies incorporated, or listed on a stock exchange, in the UK. The Fund has the flexibility to invest outside of the asset class set out above.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Mark Wharrier24/09/2013Mark Wharrier is a member of BlackRock’s UK equity team in the fundamental equity division of its alpha strategies group, working as a portfolio manager, with additional responsibility for company research. He joined BlackRock in September 2013 from NewSmith Asset Management, where he was a portfolio manager and a founding member of the UK equity team. Prior to this he worked at Merrill Lynch Investment Managers, which he joined in 1994 when it was Mercury Asset Management.
Adam Avigdori16/11/2009Adam Avigdori is manager of the BlackRock Income and Growth Investment Trust plc, and is a member of the UK Equity Team. Adam joined BlackRock in 2001 and is responsible for managing UK equity portfolios covering the real estate and construction sectors. Adam has a degree in management sciences.
David Goldman30/06/2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G BlackRock UK Income 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)0.89%
Bid price180.89
Offer price180.89
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCS8
L&G BlackRock UK Income Pn G25
Initial charge-
Annual charge1.11%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.11%
Bid price178.53
Offer price178.53
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL304
Data provided by

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