Fact sheet: L&G European Pn

Fund information
Fund name
L&G European Pn G1 Acc
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Gavin Laundersince 01/06/2007
No data available.
Fund objective
To provide the potential for long-term growth by investing in European shares, other than those of the UK.
Benchmark
  • FTSE World Eur Ex UK TR GBP
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
26.5%
1 Year rank in sector
85/359
Sector
PN Europe Excluding UK
Yield
-
Fund size
£221m (£211m 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.
119
Bid price
1249.9
Offer price
1315.7
Top in this sector
Fund name1 Year
Zurich Nept EuroOppsPn51.1%
Scot Eq Neptune Eur Opps Pn51%
RLP EurSpl(NeptuneEurpOpp)Pn49.7%
SIP Neptune Eurpn Opps Pn47.8%
L&G Neptune European Opps Pn47.1%
...more in PN Europe Excluding UK

Performance snapshot

Holdings snapshot

  • France30.1%
    Switzerland12%
    Germany11.3%
    Netherlands10.2%
    Finland6.7%
  • Industrials23.8%
    Financials20.6%
    Consumer Goods14%
    Technology12.1%
    Consumer Services11%
  • French Equities30.1%
    Swiss Equities12%
    German Equities11.3%
    Dutch Equities10.2%
    Finnish Equities6.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund5.4%4.6%7.9%26.5%29.8%78.5%
Sector4%6.4%8.8%23.1%31%80.1%
Rank within sector56 / 372342 / 370211 / 37085 / 359192 / 342171 / 316
Quartile1st4th3rd1st3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund4.5%20.5%3.1%1.7%26%
Sector5.5%15.8%9.4%-0.2%25.6%
Rank within sector305 / 37048 / 359339 / 35385 / 341140 / 330
Quartile4th1st4th1st2nd
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.
-0.2
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.
0.93
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.
0.35
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%.
11.03
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.
3.65
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.
-0.21
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.
0.89
Price movement
52 week high1273.4
52 week low958.3
Current bid price1249.9
Current offer price1315.7
Current mid price-
Region
1France30.1%
2Switzerland12%
3Germany11.25%
4Netherlands10.19%
5Finland6.68%
6Spain6.35%
7Italy6.03%
8Denmark5.71%
9Sweden5.36%
Industry sector
1Industrials23.75%
2Financials20.64%
3Consumer Goods13.98%
4Technology12.11%
5Consumer Services10.96%
6Oil & Gas5.51%
7Health Care3.8%
8Telecommunications3.55%
9Cash & Cash Equivalents2.19%
Asset type
1French Equities30.1%
2Swiss Equities12%
3German Equities11.25%
4Dutch Equities10.19%
5Finnish Equities6.68%
6Spanish Equities6.35%
7Italian Equities6.03%
8Danish Equities5.71%
9Swedish Equities5.36%
Individual holdings
1SOCIETE GENERALE3.57%
2ALTICE NV3.55%
3CAIXABANK SA3.33%
4PANDORA AS3.32%
5ING GROEP N.V.3.21%
6TOTAL SA3.07%
7INDUSTRIA DE DISENO TEXTIL SA3.02%
8THALES3%
9ROCHE HLDG AG2.96%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To provide the potential for long-term growth by investing in European shares, other than those of the UK.
Benchmark
  • FTSE World Eur Ex UK TR GBP
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Gavin Launder01/06/2007Gavin joined LGIM in 2007 and is a fund manager within the High Alpha team for Europe ex-UK portfolios. He joined LGIM from BlueBay Asset Management where he was a global equities analyst. Gavin spent the majority of his buy-side career as a Portfolio Manager with UBS O’Connor. Prior to this, he was a top-rated, sell-side analyst covering the Autos, Capital Goods and Conglomerates sectors at investment banks including SG Warburg (now part of UBS) and Goldman Sachs. Gavin holds a degree in Philosophy and Economics from University College, London.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G European Pn 3
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.31%
Bid price1192.1
Offer price1192.1
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCT9
L&G European Pn G1 Acc
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.51%
Bid price1249.9
Offer price1315.7
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL130
L&G European Pn G1 Ini
Initial charge-
Annual charge3.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)3.76%
Bid price452.8
Offer price476.6
Mid price-
CurrencyGBX
Price updated24/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeL129
L&G European Pn G2 Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.76%
Bid price1160.3
Offer price1221.4
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLE59
L&G European Pn G2 Ini
Initial charge-
Annual charge4.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)4.51%
Bid price364.4
Offer price383.6
Mid price-
CurrencyGBX
Price updated24/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeLE58
L&G European Pn G25 Acc
Initial charge-
Annual charge0.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.31%
Bid price1220.2
Offer price1220.2
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL453
L&G European Pn G4 Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.76%
Bid price1160.3
Offer price1190.1
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLB65
L&G European Pn G4 Ini
Initial charge-
Annual charge4.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)4.51%
Bid price364.4
Offer price373.7
Mid price-
CurrencyGBX
Price updated24/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeLB64
L&G European Pn G5 Acc
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.76%
Bid price1160.3
Offer price1221.4
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLB63
L&G European Pn G5 Ini
Initial charge-
Annual charge4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)4.01%
Bid price463.8
Offer price488.2
Mid price-
CurrencyGBX
Price updated24/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeLB94
L&G European Pn G6 Acc
Initial charge-
Annual charge0.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.51%
Bid price1249.9
Offer price1315.7
Mid price-
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLA58
L&G European Pn G6 Ini
Initial charge-
Annual charge4.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)4.51%
Bid price369.1
Offer price388.5
Mid price-
CurrencyGBX
Price updated24/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeLA59
Data provided by

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