Fact sheet: L&G Gbl Eq FW 60:40 Idx PMC Pn

Fund information
Fund name
L&G Global Equity Fixed Weights 60:40 Index PMC Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Ian Lymathsince 02/04/2007
  • LGIM Index Fund Management Teamsince 31/03/2015
No data available.
Fund objective
To capture the total sterling returns of the UK and overseas equity markets, as represented by the FTSE All-Share Index in the UK and the appropriate sub-divisions of the FTSE World Index overseas with a fixed asset allocation between the UK (60%) and overseas (40%). The overseas portion is split 14% in North America, 14% in Europe (excluding UK), 7% in Japan and 5% in Asia Pacific (excluding Japan).
Benchmark
No data available.
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
14.7%
1 Year rank in sector
701/961
Sector
PN Global Equities
Yield
-
Fund size
£468m (£382m 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.
90
Bid price
2808.6
Offer price
2808.6
Top in this sector
Fund name1 Year
RLP Dimensional Gbl Targeted Val Pn32.3%
Aviva M&G Global Div Pn32.1%
LV= M&G Global Div Pn31.9%
OMW IPL M&G Global Dividend Pn31.8%
Stan Life M&G Global Dividend Pn31.8%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • UK54.4%
    Europe ex UK15.8%
    North America13%
    Japan7%
    Others2.4%
  • Financials22.2%
    Consumer Goods17%
    Industrials12.1%
    Consumer Services10.5%
    Health Care10.2%
  • UK Equities54.4%
    Europe ex UK Equities15.8%
    North American Equities13%
    Japanese Equities7%
    International Equities4.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%0.2%11.7%14.7%25.4%65.2%
Sector0%1.4%13.3%17.3%33.2%74%
Rank within sector636 / 1039760 / 1035713 / 1025701 / 961660 / 849557 / 751
Quartile3rd3rd3rd3rd4th3rd
Calendar performance
 YTD - 20162015201420132012
Fund13.9%2.6%3.9%21.4%12.7%
Sector16.4%3.7%7.8%21.4%11.2%
Rank within sector699 / 963635 / 921663 / 849492 / 820300 / 752
Quartile3rd3rd4th3rd2nd
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.
-2.48
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.
1.03
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.
0.37
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%.
10.86
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.
3.02
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.
-0.74
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.
0.92
Price movement
52 week high2941.1
52 week low2206
Current bid price2808.6
Current offer price2808.6
Current mid price-
Region
1UK54.4%
2Europe ex UK15.83%
3North America12.97%
4Japan6.97%
5Others2.41%
6Emerging Asia2.31%
7Not Specified1.92%
8Australasia1.48%
9Asia1.08%
Industry sector
1Financials22.2%
2Consumer Goods17%
3Industrials12.09%
4Consumer Services10.52%
5Health Care10.22%
6Oil & Gas8.67%
7Basic Materials5.91%
8Technology4.4%
9Telecommunications4.03%
Asset type
1UK Equities54.4%
2Europe ex UK Equities15.83%
3North American Equities12.97%
4Japanese Equities6.97%
5International Equities4.33%
6Asia Pacific Equities2.56%
7Asia Pacific Emerging Equities2.31%
8Money Market0.62%
9Middle East & African Equities0.01%
Individual holdings
1HSBC HLDGS3.07%
2BRITISH AMERICAN TOBACCO2.48%
3BP2.27%
4GLAXOSMITHKLINE2.16%
5ROYAL DUTCH SHELL2.02%
6ASTRAZENECA PLC1.7%
7VODAFONE GROUP1.59%
8DIAGEO1.5%
9ROYAL DUTCH SHELL1.36%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To capture the total sterling returns of the UK and overseas equity markets, as represented by the FTSE All-Share Index in the UK and the appropriate sub-divisions of the FTSE World Index overseas with a fixed asset allocation between the UK (60%) and overseas (40%). The overseas portion is split 14% in North America, 14% in Europe (excluding UK), 7% in Japan and 5% in Asia Pacific (excluding Japan).
Benchmark
No data available.
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Ian Lymath02/04/2007Ian has a Masters degree in Mathematical Statistics and Operational Research from Birmingham University. He joined Legal & General (Legal & General) in 1972 gaining substantial knowledge of Pensions during his seven years in the Legal & General Pensions Actuarial Department. He transferred to LGIM in 1979, where he led the performance measurement team. Ian rejoined LGIM from a Private Swiss Bank in 1992 and entered into the Index Team. He manages the World Equity Index Fund and assists with implementing client asset allocation strategies. In addition, Ian is responsible for the integrity of all electronically held data, which includes specifying system enhancements relating to decision support, performance measurement and benchmark maintenance. Ian is an Associate of the Institute of Actuaries.
LGIM Index Fund Management Team31/03/2015The Index Fund management team comprises 29 investment professionals with average industry experience of 14 years. Together they are responsible for a wide range of index funds – covering equities, fixed income and alternative asset classes. The team has £277 billion index assets under management. All data as at 31 December 2015
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Global Equity Fixed Weights 60:40 Index PMC Pn 3
Initial charge-
Annual charge0.1%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.1%
Bid price284.9
Offer price284.9
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDF8
L&G Global Equity Fixed Weights 60:40 Index PMC Pn G17
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price286.5
Offer price286.5
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEJZ8
L&G Global Equity Fixed Weights 60:40 Index PMC Pn G25
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price2808.6
Offer price2808.6
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAMD9
Data provided by

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