Fact sheet: L&G GblEq 60:40 IdxPn

Fund information
Fund name
L&G Global Equity 60:40 Index Pn G17 SH
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Ian Lymathsince 31/03/2005
  • LGIM Index Fund Management Teamsince 31/03/2015
No data available.
Fund objective
To capture the returns of the UK and overseas stock markets by investing 60% in our UK Equity Index Fund and 40% in our overseas equity index funds. The overseas shares are split 14% North America, 14% Europe (excluding UK), 6% Japan and 6% Asia Pacific (excluding Japan).
Benchmark
  • MSCI World Free
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
19%
1 Year rank in sector
583/961
Sector
PN Global Equities
Yield
-
Fund size
£416m (£352m 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.
95
Bid price
265.7
Offer price
265.7
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn38.2%
RLP Dimensional Gbl Targeted Val Pn36.5%
Stan Life M&G Global Dividend Pn34.9%
Aviva Sch Gbl Eq Inc Pn34.8%
OMW IPL M&G Global Dividend Pn34.6%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • UK63.9%
    North America15.9%
    Europe ex UK6.9%
    Japan2.9%
    Others2.9%
  • Financials22.5%
    Consumer Goods16.2%
    Consumer Services11.2%
    Industrials11.2%
    Health Care10.2%
  • UK Equities63.9%
    North American Equities15.9%
    Europe ex UK Equities6.9%
    International Equities4.9%
    Japanese Equities2.9%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.2%3.1%14%19%29.1%71.8%
Sector1%3.2%15.1%19.7%35.8%77.9%
Rank within sector192 / 1039503 / 1035669 / 1025583 / 961616 / 849516 / 751
Quartile1st2nd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund17.3%3%4%21.7%13%
Sector18.7%3.7%7.8%21.4%11.2%
Rank within sector613 / 963586 / 921660 / 849468 / 820257 / 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.
-1.54
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.
0.41
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%.
10.02
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.
3.35
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.
-0.65
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 high269.1
52 week low202.6
Current bid price265.7
Current offer price265.7
Current mid price-
Region
1UK63.93%
2North America15.92%
3Europe ex UK6.94%
4Japan2.88%
5Others2.85%
6Emerging Asia2.37%
7Not Specified2.07%
8Asia0.83%
9Australasia0.6%
Industry sector
1Financials22.47%
2Consumer Goods16.24%
3Consumer Services11.24%
4Industrials11.23%
5Health Care10.22%
6Oil & Gas9.8%
7Basic Materials5.59%
8Technology4.64%
9Telecommunications4.12%
Asset type
1UK Equities63.93%
2North American Equities15.92%
3Europe ex UK Equities6.94%
4International Equities4.92%
5Japanese Equities2.88%
6Asia Pacific Emerging Equities2.37%
7Asia Pacific Equities1.43%
8Money Market0.55%
9American Emerging Equities0.43%
Individual holdings
1HSBC HLDGS3.58%
2BRITISH AMERICAN TOBACCO2.94%
3BP2.68%
4GLAXOSMITHKLINE2.54%
5ROYAL DUTCH SHELL2.48%
6ROYAL DUTCH SHELL2.07%
7ASTRAZENECA PLC2%
8VODAFONE GROUP1.87%
9DIAGEO1.78%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To capture the returns of the UK and overseas stock markets by investing 60% in our UK Equity Index Fund and 40% in our overseas equity index funds. The overseas shares are split 14% North America, 14% Europe (excluding UK), 6% Japan and 6% Asia Pacific (excluding Japan).
Benchmark
  • MSCI World Free
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Ian Lymath31/03/2005Ian 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 60:40 Index Pn G17 SH
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 price265.7
Offer price265.7
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeLH82
L&G Global Equity 60:40 Index 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 price228.4
Offer price228.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL383
Data provided by

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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.