Fact sheet: L&G Global Real Estate Div Ix

Fund information
Fund name
L&G Global Real Estate Dividend Index I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund manager
  • Legal & General Invst Management Ltdsince 25/01/2016
Fund objective
The objective of the fund is to provide a combination of income and capital growth in line with global developed market property companies and Real Estate Investment Trusts. It will achieve this by aiming to track the performance of the FTSE EPRA/NAREIT Developed Dividend Plus Index.
Benchmark
No data available.
Investment style
Passive/Tracking
Investment method
Shares, Physical - Full
Quick stats
1 Year return
-
1 Year rank in sector
-
Sector
UT Property
Yield
3.2%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.2%
Fund size
£285m (£283m last year)
Bid price
62.13
Offer price
62.13
Top in this sector
Fund name1 Year
Aviva Inv Asia Pac Prop52.7%
Schroder Gbl Rel Est Sec Inc26.9%
BlackRock Gbl PrpSecEqTrk24.2%
First State AsianPropSec24.1%
F&C Gbl Real Est Secs23%
...more in UT Property

Performance snapshot

Holdings snapshot

  • Not Specified82.8%
    Asia7.7%
    Europe ex UK6.1%
    North America1.3%
    Money Market1.2%
  • Financials94.6%
    Mutual Funds3%
    Cash & Cash Equivalents1.2%
    Others1.2%
  • Property98.8%
    Cash & Cash Equivalents1.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%-4.4%11.8%---
Sector-0%-0.3%1.9%4.9%22.2%35.5%
Rank within sector45 / 5145 / 555 / 54---
Quartile4th4th1st
Calendar performance
 YTD - 20162015201420132012
Fund-----
Sector4%5.4%10.7%4.7%6.7%
Rank within sector-----
Quartile
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high67.2
52 week low47.53
Current bid price62.13
Current offer price62.13
Current mid price-
Region
1Not Specified82.75%
2Asia7.69%
3Europe ex UK6.11%
4North America1.27%
5Money Market1.22%
6UK0.44%
7Japan0.37%
8Middle East/ Africa0.15%
Industry sector
1Financials94.64%
2Mutual Funds2.99%
3Cash & Cash Equivalents1.22%
4Others1.15%
Asset type
1Property98.78%
2Cash & Cash Equivalents1.22%
Individual holdings
1SIMON PROPERTY GROUP INC4.62%
2PUBLIC STORAGE2.45%
3PROLOGIS INC2.16%
4WELLTOWER INC1.93%
5VENTAS INC1.88%
6AVALONBAY COMMUNITIES INC1.85%
7UNIBAIL-RODAMCO1.85%
8EQUITY RESIDENTIAL PROPERTIES TRUST SHS OF BENEFICIAL INTEREST USD0.011.76%
9SUN HUNG KAI PROPERTIES LTD1.66%
Management
Fund manager group
Legal & General UT Mgr
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund objective
The objective of the fund is to provide a combination of income and capital growth in line with global developed market property companies and Real Estate Investment Trusts. It will achieve this by aiming to track the performance of the FTSE EPRA/NAREIT Developed Dividend Plus Index.
Benchmark
No data available.
Investment style
Passive/Tracking
Investment method
Shares, Physical - Full
Fund manager
NameSinceBiography
Legal & General Invst Management Ltd25/01/2016
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Global Real Estate Dividend Index C Acc
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price62.15
Offer price62.15
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG4V
L&G Global Real Estate Dividend Index C Inc
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.15%
Total expense ratio (TER)-
Bid price60.79
Offer price60.79
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMG4U
L&G Global Real Estate Dividend Index I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price62.13
Offer price62.13
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMG4X
L&G Global Real Estate Dividend Index I Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.2%
Total expense ratio (TER)-
Bid price60.74
Offer price60.74
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMG4W
L&G Global Real Estate Dividend Index L Acc
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)-
Bid price62.18
Offer price62.18
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeMG4Z
L&G Global Real Estate Dividend Index L Inc
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.08%
Total expense ratio (TER)-
Bid price60.8
Offer price60.8
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMG4Y
Data provided by

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