Fact sheet: L&G Close Conservative Ptfl Pn

Fund information
Fund name
L&G Close Conservative Portfolio Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Riitta Hujanensince 23/04/2013
Underlying fund
Close Conservative Portfolio
Fund objective
The investment objective of the Close Conservative Portfolio Fund is to achieve income and moderate capital growth.
Benchmark
  • IA Mixed Investment 20%-60% Shares
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
8.6%
1 Year rank in sector
433/465
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
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.
41
Bid price
133.36
Offer price
133.36
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn51.6%
OMW IPL F&COs EqLnkUKInflPn37.9%
AXA Wealth TEAMS cl Gvn ptfl VPn34.6%
AXA Wealth TEAMS cl Gvn ptfl IVPn32.1%
Scot Eq BailGfBalMgdARCPn29.7%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • Not Specified42.4%
    North America24.9%
    UK10.7%
    Europe ex UK9.7%
    Money Market6.6%
  • No data available.
  • North American Equities24.9%
    Global Corporate Fixed Interest24.6%
    Global Fixed Interest15.7%
    UK Equities10.7%
    Europe ex UK Equities9.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%1%3.4%8.6%13.7%30%
Sector2.6%1.5%5.2%15.4%20%41.7%
Rank within sector426 / 531362 / 528424 / 518433 / 465316 / 399292 / 340
Quartile4th3rd4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund1.1%4.7%1.8%6.5%7.4%
Sector1.1%11.8%1.3%6%8.3%
Rank within sector301 / 531439 / 462164 / 424119 / 398279 / 380
Quartile3rd4th2nd2nd3rd
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.
-1.08
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.
0.88
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.
0.15
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%.
5.42
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.
2.75
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.
-0.66
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.
0.75
Price movement
52 week high133.17
52 week low119.79
Current bid price133.36
Current offer price133.36
Current mid price-
Region
1Not Specified42.37%
2North America24.87%
3UK10.65%
4Europe ex UK9.74%
5Money Market6.64%
6Emerging Asia4.17%
7Japan1.56%
Industry sector
No data available.
Asset type
1North American Equities24.87%
2Global Corporate Fixed Interest24.57%
3Global Fixed Interest15.7%
4UK Equities10.65%
5Europe ex UK Equities9.74%
6Money Market6.64%
7Others4.17%
8Alternative Assets2.1%
9Japanese Equities1.56%
Individual holdings
1ATOS2.01%
2VISA INC1.96%
3MCDONALD`S CORP1.93%
4COMCAST CORP(NEW)1.85%
53M CO1.83%
6CHECK POINT SOFTWARE TECHNOLOGIES1.79%
7iShares MSCI Emerging Markets Index1.78%
8FACEBOOK INC1.76%
9LOCKHEED MARTIN CORP1.76%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The investment objective of the Close Conservative Portfolio Fund is to achieve income and moderate capital growth.
Benchmark
  • IA Mixed Investment 20%-60% Shares
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Riitta Hujanen23/04/2013Riitta 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Close Conservative Portfolio Pn G25
Initial charge-
Annual charge1.28%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price133.36
Offer price133.36
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeACJA
Data provided by

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