Fact sheet: L&G FPMitonIncPn

Fund information
Fund name
L&G FP Miton Income Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Gervais Williamssince 01/12/2013
  • Eric Mooresince 01/05/2010
Underlying fund
FP Miton Income
Fund objective
To achieve a reasonable and rising income together with long term capital growth. The Fund intends to invest primarily in UK companies but may invest internationally.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
9.2%
1 Year rank in sector
206/227
Sector
PN UK Equity Income
Yield
-
Fund size
£0m (£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.
93
Bid price
175.28
Offer price
175.28
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn26.6%
OMW UBS UK Equity Income25.6%
OMW IPLBaGiUkEqFoPn21.4%
OMW IPLBaGiUkEqCoPn19.9%
OMW IPLRWCUkFoPn18.1%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK87.6%
    USA4.3%
    France2.6%
    Switzerland1.7%
    Money Market1.6%
  • Biotechnology/Medical14.7%
    Oil & Gas Exploration & Production9.5%
    Mineral Extraction7.4%
    Life Insurance6.9%
    Tobacco5.6%
  • International Equities98.5%
    Cash & Cash Equivalents1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.4%1.6%4%9.2%28%62%
Sector-1.7%2.4%4.2%13.2%24.6%62.3%
Rank within sector160 / 229153 / 229143 / 227206 / 22763 / 203110 / 191
Quartile3rd3rd3rd4th2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.6%6.8%11.2%4.9%19.4%
Sector2.9%11.5%3.9%3.7%23.2%
Rank within sector79 / 229179 / 22310 / 21864 / 203164 / 195
Quartile2nd4th1st2nd4th
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.
0.44
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.
0.5
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%.
9.72
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.
3.27
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.
0.22
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 high179.95
52 week low149.99
Current bid price175.28
Current offer price175.28
Current mid price-
Region
1UK87.55%
2USA4.25%
3France2.58%
4Switzerland1.7%
5Money Market1.55%
6Germany1.28%
7Norway1.12%
Industry sector
1Biotechnology/Medical14.65%
2Oil & Gas Exploration & Production9.5%
3Mineral Extraction7.36%
4Life Insurance6.93%
5Tobacco5.55%
6Banks5.18%
7Media4.8%
8Financial Services4.58%
9Utilities4.39%
Asset type
1International Equities98.45%
2Cash & Cash Equivalents1.55%
Individual holdings
1GLAXOSMITHKLINE5%
2BP4.1%
3ROYAL DUTCH SHELL4.1%
4VODAFONE GROUP3.4%
5IMPERIAL BRANDS PLC3%
6LEGAL & GENERAL GROUP2.7%
7LLOYDS BANKING GROUP PLC2.7%
8RIO TINTO2.7%
9BAE SYSTEMS2.6%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To achieve a reasonable and rising income together with long term capital growth. The Fund intends to invest primarily in UK companies but may invest internationally.
Benchmark
  • FTSE All Share
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Gervais Williams01/12/2013Gervais Williams joined Miton Group plc in 2011. He manages a number of funds and trusts that aggregate to over £1bn. He is also Senior Executive Director at Miton Group plc. His fund management career extends over 30 years including 17 years at Gartmore Group Ltd, where he was head of UK Small Companies investing in UK smaller companies and Irish equities. Gervais is a member of the AIM Advisory Council, chairman of the Quoted Companies Alliance and a board member of The Investment Association. He is also on the EU Taskforce reviewing why the number of smaller IPOs has declined over recent decades. Gervais Williams published his first book 'Slow Finance' in the autumn of 2011, and his second book 'The Future is Small' was published in November 2014. His most recent book 'The Retreat of Globalisation' was published in December 2016. Gervais is Fund Manager of the CF Miton UK Multi Cap Income Fund, CF Miton UK Smaller Companies Fund, Miton Income Fund, Diverse Income Trust plc, The Investment Company plc and Miton UK MicroCap Trust plc. He was awarded Fund Manager of the Year 2014 by What Investment.
Eric Moore01/05/2010Eric Moore joined Miton Group plc in July 2013. Prior to Miton, Eric was a member of the PSigma Income team from May 2010. He began his career at Gartmore where he spent 10 years in a variety of roles, including co-managing the Gartmore UK Growth Fund. In 2005, he moved to Insight Investment as Director of UK Equities where he was responsible for co-managing a combined £5bn of institutional and retail money. Eric holds an MA (Hons.) in Philosophy, Politics and Economics, from Trinity College, Oxford and an MSc (Hons.) in Cognitive Science, from the University of Edinburgh. Eric is an Associate of the Chartered Institute for Securities and Investment.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G FP Miton Income Pn G25
Initial charge-
Annual charge1.52%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.52%
Bid price175.28
Offer price175.28
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBLO0
Data provided by

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