Fact sheet: L&G Close Balanced Portfolio Pn

Fund information
Fund name
L&G Close Balanced Portfolio Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Riitta Hujanensince 01/04/2013
Underlying fund
Close Balanced Portfolio
Fund objective
The investment objective of the Close Balanced Portfolio Fund is to generate capital growth with some income.
  • IA Mixed Investment 40%-85% Shares
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
1 Year rank in sector
PN Mixed Investment 40%-85% Shares
Fund size
£1m (£1m 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.
Bid price
Offer price
Top in this sector
Fund name1 Year
Scot Eq Sequel Adven Jrny Pn34.6%
Scot Eq Sequel Adventurous Pn34.5%
BlackRock LGIM Oseas Consn Idx Pn33.3%
Scot Eq Ext Bal Coll (ex MLC) Pn32.3%
FL My Ftr Advantage Gth Pn31.9%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • Not Specified27.9%
    North America22.7%
    Europe ex UK11.7%
    Emerging Asia7.2%
  • No data available.
  • UK Equities23.2%
    North American Equities22.7%
    Global Corporate Fixed Interest18.1%
    Europe ex UK Equities11.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector345 / 900130 / 900515 / 889783 / 859581 / 709400 / 618
Calendar performance
 YTD - 20172016201520142013
Rank within sector100 / 889766 / 791343 / 74481 / 687258 / 660
Risk statistics
?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 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.
?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 (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.
?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 high154.37
52 week low134.05
Current bid price153.63
Current offer price153.63
Current mid price-
1Not Specified27.85%
3North America22.68%
4Europe ex UK11.73%
5Emerging Asia7.15%
7Money Market3.52%
Industry sector
No data available.
Asset type
1UK Equities23.18%
2North American Equities22.68%
3Global Corporate Fixed Interest18.05%
4Europe ex UK Equities11.73%
6Alternative Assets6.88%
7Japanese Equities3.89%
8Money Market3.52%
9Global Fixed Interest2.92%
Individual holdings
1iShares MSCI Emerging Markets Index2.49%
4RELX PLC2.26%
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The investment objective of the Close Balanced Portfolio Fund is to generate capital growth with some income.
  • IA Mixed Investment 40%-85% Shares
Investment style
No data available.
Investment method
No data available.
Fund managers
Riitta Hujanen01/04/2013Riitta joined Close Brothers Asset Management as Investment Director in July 2012, and was appointed manager of the Close Discretionary Portfolio Balanced Fund 1 April 2013 and of the Growth and Conservative Funds on 24 April 2013. Before joining CBAM, Riitta held fund management positions at Schroder’s Investment Management and Montanaro Fund Managers in London. Previously, she was Head of European equities at OKO Asset Management in Finland and worked at SEB Gyllenberg where she established Finland’s first multi-asset SRI mutual fund. Riitta holds an MSc. (Pol.) from the University of Helsinki and an MBA in International Finance from the Helsinki School of Economics and Business Administration.
No data available.
No data available.
Fund for sale in
United Kingdom
L&G Close Balanced Portfolio Pn G25
Initial charge-
Annual charge1.29%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.29%
Bid price153.63
Offer price153.63
Mid price-
Price updated23/05/2017
Institutional or retail classRetail
Citi codeACJE
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.