Fact sheet: L&G Global Eq 70:30 Idx Pn

Fund information
Fund name
L&G Global Equity 70:30 Index Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Ian Lymathsince 02/04/2007
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 appropriate sub - divisions of the FTSE All - World Index and overseas. A 70 / 30 distribution between UK and overseas assets is maintained with the overseas asset distribution mirroring that of the average UK pension in the Combined Actuarial Performance Services (CAPS) Pooled Balanced Fund Survey.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.1%
1 Year rank in sector
850/961
Sector
PN Global Equities
Yield
-
Fund size
£223m (£200m 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.
94
Bid price
228.2
Offer price
228.2
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn34.5%
OMW IPL M&G Global Dividend Pn32.2%
LV= M&G Global Div Pn32.2%
Aviva M&G Global Div Pn31.4%
Stan Life M&G Global Dividend Pn31.2%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.6%1%12.1%12.1%21%61%
Sector-1.9%2.7%15.4%17.8%32.6%78.7%
Rank within sector746 / 1039866 / 1035850 / 1025850 / 961758 / 848653 / 745
Quartile3rd4th4th4th4th4th
Calendar performance
 YTD - 20162015201420132012
Fund13.5%2.1%3.3%19.3%12.7%
Sector17.7%3.7%7.8%21.4%11.2%
Rank within sector817 / 963694 / 921707 / 849650 / 820299 / 752
Quartile4th4th4th4th2nd
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.
-1.85
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.
0.9
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.
0.4
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%.
9.66
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.
3.55
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.
-0.8
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.
0.87
Price movement
52 week high238.7
52 week low179.3
Current bid price228.2
Current offer price228.2
Current mid price-
Region
No data available.
Industry sector
No data available.
Asset type
No data available.
Individual holdings
No data available.
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 appropriate sub - divisions of the FTSE All - World Index and overseas. A 70 / 30 distribution between UK and overseas assets is maintained with the overseas asset distribution mirroring that of the average UK pension in the Combined Actuarial Performance Services (CAPS) Pooled Balanced Fund Survey.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund manager
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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Global Equity 70:30 Index 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)0.22%
Bid price228.2
Offer price228.2
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL462
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