Fact sheet: L&G GLG Balanced Pn

Fund information
Fund name
L&G GLG Balanced Pn G17 SH
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Alan Torrysince 05/04/2001
  • Stuart Gilmartinsince 05/04/2001
  • Hugh Sergeantsince 05/04/2001
Underlying fund
Man GLG Balanced Managed
Fund objective
The objective of the Fund is to provide capital growth over the long term.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
No data available.
Quick stats
1 Year return
6.4%
1 Year rank in sector
746/796
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£25m (£25m 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.
62
Bid price
243.3
Offer price
243.3
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn26.4%
Scot Eq Sequel Adventurous Pn23.9%
Scot Eq Sequel Adven Jrny Pn23.9%
Scot Eq Caerus Pfl DRP 4 Pn23.2%
FL My Ftr Advantage Gth Pn22.2%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK31.4%
    Europe ex UK16%
    International15.4%
    USA11.8%
    Money Market9.8%
  • No data available.
  • UK Equities24.8%
    Europe ex UK Equities15%
    Global Fixed Interest12.7%
    US Equities11.9%
    Japanese Equities9.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%1.4%8.6%6.4%21.2%61.6%
Sector0.1%-0.1%8.9%11.9%22.7%49.3%
Rank within sector136 / 913212 / 912551 / 894746 / 796466 / 69281 / 595
Quartile1st1st3rd4th3rd1st
Calendar performance
 YTD - 20162015201420132012
Fund6.3%4%6.2%21.9%13%
Sector11.5%2.2%5.7%13.1%9.9%
Rank within sector738 / 800126 / 753205 / 69217 / 66161 / 596
Quartile4th1st2nd1st1st
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.
-0.52
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.
1.02
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.
0.31
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%.
7.87
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.
3.12
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.
-0.15
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.
0.84
Price movement
52 week high246.9
52 week low206.8
Current bid price243.3
Current offer price243.3
Current mid price-
Region
1UK31.43%
2Europe ex UK16.02%
3International15.44%
4USA11.8%
5Money Market9.75%
6Japan9.12%
7Global Emerging Markets6.3%
8Asia Pacific0.14%
Industry sector
No data available.
Asset type
1UK Equities24.76%
2Europe ex UK Equities14.99%
3Global Fixed Interest12.7%
4US Equities11.88%
5Japanese Equities9.92%
6Money Market8.86%
7UK Fixed Interest6.86%
8Global Emerging Market Equities6.49%
9Others3.43%
Individual holdings
1SHIRE PLC1.39%
2ROYAL DUTCH SHELL1.32%
3IMPERIAL BRANDS PLC1.17%
4RYANAIR HLDGS1.06%
5VODAFONE GROUP0.95%
6BRITISH AMERICAN TOBACCO0.89%
7DEUTSCHE WOHNEN AG0.87%
8ASSA ABLOY AB0.86%
9MERCK KGAA0.82%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The objective of the Fund is to provide capital growth over the long term.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
No data available.
Fund managers
NameSinceBiography
Alan Torry05/04/2001Alan joined Provincial Insurance from the University of Hull. He was a UK Fund Manager until 1975, when he became a US Fund Manager. In 1982 he launched the Prolific North American and Technology unit trusts. In 1988 he became a director of the newly - founded Prolific Asset Management after it was spun out of Provincial. In April 1998 he joined SG Asset Management heading up the US and Technology sectors.
Stuart Gilmartin05/04/2001Stuart graduated from University College London with a BSc in Mechanical Engineering. He joined Société Générale Asset Management at the end of June 1998 from GAN Fund Managers where he was a Director and European specialist. Prior to that he set up the European Unit Trust at Gartmore and developed specialist vehicles for pension funds. At Société Générale Asset Management Stuart co-heads the International team and is Head of European Equities.
Hugh Sergeant05/04/2001Hugh is the CIO of Equities. Graduated from the London School of Economics with a degree in Economics. He joined Gartmore in 1987 as a UK equity graduate trainee and moved to Phillips & Drew in 1990, managing UK equities throughout his twelve years there. He became Head of Smaller Companies in 1997, establishing a new team and launching the UBS Smaller Companies Fund and in March 2000 was promoted to Head of UK Equities at UBSGAM and Chairman of the UK Equity Committee. He joined SGAM in 2002 where he was Head of UK Equities, manager of the Diversified Growth strategy and co-manager of the Special Opportunities fund. Hugh joined River and Mercantile in August 2006. Hugh is CIO of the Equity team at River and Mercantile with overall responsibility for managing and developing the team. As a Fund Manager he will be focused on the UK High Alpha, Long Term Recovery and World Recovery strategies.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G GLG Balanced Pn G17 SH
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price243.3
Offer price243.3
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeLA38
L&G GLG Balanced Pn G17 SH Inet
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price208.5
Offer price208.5
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL402
Data provided by

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