Fact sheet: L&G Distribution Trust

Fund information
Fund name
L&G Distribution Trust I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund managers
  • Kevin Chessumsince 31/08/2009
Fund objective
To provide both income and long-term growth by investing in a diversified portfolioof bonds, equities and other assets. These may be selected from all economic areas.The manager may invest in other funds to obtain a diversified investment in someasset classes.
Benchmark
  • IA Mixed Investment 20%-60% Shares
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
5.9%
1 Year rank in sector
161/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
4.1%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.7%
Fund size
£72m (£64m 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.
37
Bid price
92.65
Offer price
93.16
Top in this sector
Fund name1 Year
AXA Global Distribution20.2%
S&W The Magpie18.8%
SVS TPI Balanced 218.8%
Investec Caut Mgd18.4%
AXA Lifetime Distribution16.7%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK65.6%
    North America15.3%
    Europe ex UK11.5%
    Money Market3.4%
    Central & S America1.5%
  • Investment Grade Corporate Bonds22.9%
    Government Bonds19.4%
    High Yield Bond15%
    Financials8.2%
    Consumer Goods6.8%
  • UK Equities36%
    Global Fixed Interest30.2%
    UK Gilts14.9%
    UK Corporate Fixed Interest14.8%
    Cash & Cash Equivalents3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%-1.7%3.5%5.9%12.7%39.4%
Sector-0.1%-0.2%6.3%8.3%16.6%35.5%
Rank within sector54 / 214182 / 213183 / 211161 / 204147 / 17377 / 144
Quartile2nd4th4th4th4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund6%1.2%3.6%10.3%12.7%
Sector8.4%1.2%5%9%8%
Rank within sector157 / 204105 / 190148 / 17578 / 16117 / 145
Quartile4th3rd4th2nd1st
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.
-0.33
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.
0.8
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%.
4.69
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.
2.29
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.
-0.54
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.
0.81
Price movement
52 week high94.71
52 week low83.68
Current bid price92.65
Current offer price93.16
Current mid price-
Region
1UK65.63%
2North America15.3%
3Europe ex UK11.49%
4Money Market3.35%
5Central & S America1.46%
6Australasia0.8%
7Emerging Asia0.58%
8Others0.53%
9European Emerging Markets0.32%
Industry sector
1Investment Grade Corporate Bonds22.88%
2Government Bonds19.41%
3High Yield Bond14.98%
4Financials8.18%
5Consumer Goods6.75%
6Others5.63%
7Consumer Services5.46%
8Health Care3.88%
9Oil & Gas3.7%
Asset type
1UK Equities35.97%
2Global Fixed Interest30.24%
3UK Gilts14.85%
4UK Corporate Fixed Interest14.79%
5Cash & Cash Equivalents3.35%
6International Equities1.05%
7Others-0.25%
Individual holdings
1TREASURY 5% GILT 202513.27%
2IMPERIAL BRANDS PLC2.14%
3ASTRAZENECA PLC2.09%
4HSBC HLDGS2%
5VODAFONE GROUP1.83%
6BP1.81%
7BRITISH AMERICAN TOBACCO1.78%
8RIO TINTO LTD1.4%
9GLAXOSMITHKLINE1.3%
Management
Fund manager group
Legal & General UT Mgr
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund objective
To provide both income and long-term growth by investing in a diversified portfolioof bonds, equities and other assets. These may be selected from all economic areas.The manager may invest in other funds to obtain a diversified investment in someasset classes.
Benchmark
  • IA Mixed Investment 20%-60% Shares
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Kevin Chessum31/08/2009Kevin Chessum is an Associate Director of LGIM, responsible for managing asset allocation positions across a broad set of diversified funds. He joined LGIM in November 1982 from Warwick University, and initially analysed individual companies and sectors within the UK Equity market. He progressed to become a UK Equity fund manager and then, early in 2002, onto managing asset allocation portfolios. He is currently responsible for managing a set of portfolios that invest in a wide range of asset classes including UK and overseas equities, fixed interest, and cash.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Distribution Trust F Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price91.55
Offer price92.06
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5XW
L&G Distribution Trust F Inc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.99%
Total expense ratio (TER)-
Bid price58.52
Offer price58.84
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5XX
L&G Distribution Trust I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price92.65
Offer price93.16
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5XU
L&G Distribution Trust I Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)0.7%
Total expense ratio (TER)-
Bid price58.83
Offer price59.15
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5XV
L&G Distribution Trust R Acc
Initial charge5%
Annual charge-
Min single investment£20
Min regular saving£20
Available in ISAYes
Ongoing charge (OCF)1.49%
Total expense ratio (TER)-
Bid price89.16
Offer price94.13
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLT30
L&G Distribution Trust R Inc
Initial charge5%
Annual charge-
Min single investment£20
Min regular saving£20
Available in ISAYes
Ongoing charge (OCF)1.49%
Total expense ratio (TER)-
Bid price57.45
Offer price60.65
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeLT29
Data provided by

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