Fact sheet: L&G Close Growth Portfolio Pn

Fund information
Fund name
L&G Close Growth Portfolio Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Riitta Hujanensince 24/04/2013
Underlying fund
Close Growth Portfolio
Fund objective
The investment objective of the Close Growth Portfolio Fund is to generate capital growth.
Benchmark
  • IA Flexible Investment
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
13.4%
1 Year rank in sector
321/402
Sector
PN Flexible Investment
Yield
-
Fund size
£0m (£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.
66
Bid price
154.02
Offer price
154.02
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn35.9%
Scot Eq UBS Stockmkt Mgd Pn33.7%
OMW IPL F&CUK EqLkd GiltPn32.9%
Baillie Gifford International PP32.3%
OMW M&G Managed Growth31.6%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • North America31%
    UK22.8%
    Europe ex UK15.6%
    Not Specified12%
    Emerging Asia10.5%
  • Equities75.1%
    Others10.5%
    Alternative Assets7.1%
    Corporate Bonds5%
    Money Market2.4%
  • North American Equities30.9%
    UK Equities22.8%
    Europe ex UK Equities15.6%
    Others10.5%
    Alternative Assets7.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%5%7.2%13.4%22%45.4%
Sector0.4%3.1%5.1%15.8%28.4%50.8%
Rank within sector32 / 44634 / 428196 / 425321 / 402263 / 316210 / 258
Quartile1st1st2nd4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund5%5.8%2.3%8%14.9%
Sector2.9%14.2%2.5%6.7%14.8%
Rank within sector33 / 428355 / 389184 / 33595 / 310206 / 269
Quartile1st4th3rd2nd4th
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.
-2.58
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.
1.05
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.
0.29
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%.
8.22
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.
4.12
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.
-0.55
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 high155.31
52 week low133.93
Current bid price154.02
Current offer price154.02
Current mid price-
Region
1North America30.95%
2UK22.81%
3Europe ex UK15.58%
4Not Specified12%
5Emerging Asia10.46%
6Japan5.76%
7Money Market2.44%
Industry sector
1Equities75.06%
2Others10.46%
3Alternative Assets7.05%
4Corporate Bonds4.99%
5Money Market2.44%
Asset type
1North American Equities30.91%
2UK Equities22.81%
3Europe ex UK Equities15.58%
4Others10.46%
5Alternative Assets7.05%
6Japanese Equities5.76%
7Global Corporate Fixed Interest4.99%
8Money Market2.44%
Individual holdings
1CARNIVAL CORP3.01%
2HSBC PACIFIC INDEX-C ACC3.01%
3RELX PLC3%
4BRITISH AMERICAN TOBACCO2.97%
5iShares MSCI Emerging Markets Index2.56%
6ADMIRAL GROUP PLC2.45%
7ETFS PHYSICAL GOLD2.43%
8Atos SE ORD2.4%
9DEUTSCHE BOERSE AG2.3%
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 Growth Portfolio Fund is to generate capital growth.
Benchmark
  • IA Flexible Investment
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Riitta Hujanen24/04/2013Riitta 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 Growth Portfolio Pn G25
Initial charge-
Annual charge1.33%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.33%
Bid price154.02
Offer price154.02
Mid price-
CurrencyGBX
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeACJD
Data provided by

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