Fact sheet: L&G Fid MA Open Gth Pn G25 Pn

Fund information
Fund name
L&G Fidelity Multi Asset Open Growth Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Ayesha Akbarsince 01/02/2010
Underlying fund
Fidelity MA Open Grth
Fund objective
This Fund targets an average annual return of 5.5% after the deduction of ongoing fund charges, over a typical market cycle of 5-7 years. The return target assumes the deduction of the ongoing charges figure (OCF) on the Y share class. There is no guarantee that the target will be achieved by the Fund. The Fund typically has exposure to higher risk investments meaning that there is a risk of short-term price fluctuations and an investor may not get back the full amount invested. The Fund invests primarily into funds (including those managed by Fidelity) which provide global exposure to a diversified range of assets. The Fund can also invest directly into transferable securities, money market instruments, cash and deposits, and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed) subject to it remaining within the following parameters: 40-85% equity, 0-60% debt instruments (which may include high yield and emerging market debt) 0-20% cash and 0-30% alternatives (such as infrastructure securities and Real Estate Investment Trusts).
Benchmark
  • No Specified Index
Investment style
Balanced,Growth
Investment method
None
Quick stats
1 Year return
12%
1 Year rank in sector
788/863
Sector
PN Mixed Investment 40%-85% Shares
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.
54
Bid price
139.73
Offer price
139.73
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn29%
Scot Eq Ext Bal Coll (ex MLC) Pn28.5%
Scot Eq Sequel Adven Jrny Pn27.4%
Scot Eq Sequel Adventurous Pn27.3%
Scot Eq Adventrs Slct Pfl Pn25%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK32.9%
    North America14.9%
    Europe ex UK13.9%
    Not Specified11.9%
    Money Market8.4%
  • Equities60.7%
    Fixed Interest19%
    Others8.4%
    Commodity & Energy6.7%
    Property6.1%
  • UK Equities20.9%
    North American Equities14.9%
    Europe ex UK Equities13.9%
    UK Fixed Interest12%
    Money Market8.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%0.2%-0.1%12%18.7%36.7%
Sector0.2%3.2%3.6%16.2%26.9%52.4%
Rank within sector816 / 904888 / 904885 / 892788 / 863652 / 710566 / 616
Quartile4th4th4th4th4th4th
Calendar performance
 YTD - 20172016201520142013
Fund0.5%15.2%-1.3%5.2%8.7%
Sector3.4%14.3%2.2%5.7%13.1%
Rank within sector877 / 893411 / 794700 / 747331 / 690610 / 663
Quartile4th3rd4th2nd4th
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.
-0.98
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.
0.42
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%.
6.91
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.
3.19
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.
-0.61
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.
0.8
Price movement
52 week high141.09
52 week low121.57
Current bid price139.73
Current offer price139.73
Current mid price-
Region
1UK32.9%
2North America14.9%
3Europe ex UK13.9%
4Not Specified11.9%
5Money Market8.4%
6International7%
7Global Emerging Markets5%
8Japan3.6%
9Pacific ex-Japan2.4%
Industry sector
1Equities60.7%
2Fixed Interest19%
3Others8.4%
4Commodity & Energy6.7%
5Property6.1%
6Derivatives-0.9%
Asset type
1UK Equities20.9%
2North American Equities14.9%
3Europe ex UK Equities13.9%
4UK Fixed Interest12%
5Money Market8.4%
6Global Fixed Interest7%
7Commodity & Energy6.7%
8Property6.1%
9Global Emerging Market Equities5%
Individual holdings
1Independent Franchise Partners US Equity7.71%
2MAJEDIE ASSET MANAGEMENT5.74%
3BLACKROCK GLB PROP SEC EQT FND5.73%
4BLOOMBERG COMMODITY INDEX_CFD4.9%
5FIDELITY STRATEGIC BOND FUND A INCOME SHARES4.73%
6JO HAMBRO CAPITAL MANAGEMENT UK UMBRELLA FUND - UK DYNAMIC FUND4.31%
7ARTEMIS INCOME I ACC4.12%
8LINDSELL TRAIN CF LINDSELL TRAIN UK EQUITY ACC4.1%
9BLACKROCK CONTINENTAL EUROPEAN A ACC4.05%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
This Fund targets an average annual return of 5.5% after the deduction of ongoing fund charges, over a typical market cycle of 5-7 years. The return target assumes the deduction of the ongoing charges figure (OCF) on the Y share class. There is no guarantee that the target will be achieved by the Fund. The Fund typically has exposure to higher risk investments meaning that there is a risk of short-term price fluctuations and an investor may not get back the full amount invested. The Fund invests primarily into funds (including those managed by Fidelity) which provide global exposure to a diversified range of assets. The Fund can also invest directly into transferable securities, money market instruments, cash and deposits, and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed) subject to it remaining within the following parameters: 40-85% equity, 0-60% debt instruments (which may include high yield and emerging market debt) 0-20% cash and 0-30% alternatives (such as infrastructure securities and Real Estate Investment Trusts).
Benchmark
  • No Specified Index
Investment style
Balanced,Growth
Investment method
None
Fund managers
NameSinceBiography
Ayesha Akbar01/02/2010<<AUTOMATED>>
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Fidelity Multi Asset Open Growth Pn G25
Initial charge-
Annual charge1.56%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.56%
Bid price139.73
Offer price139.73
Mid price-
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL743
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.