Fact sheet: L&G Growth Pn

Fund information
Fund name
L&G Growth Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Gavin Laundersince 31/03/2015
Underlying fund
L&G Growth Trust
Fund objective
To provide the potential for growth by investing in a concentrated portfolio of mainly UK shares.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
28.5%
1 Year rank in sector
84/845
Sector
PN UK All Companies
Yield
-
Fund size
£3m (£3m 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
1675.9
Offer price
1675.9
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn71.5%
Fidelity UBS UK Select Pn45.1%
Halifax IM UK Growth Pn44.9%
CM UBS UK Opportunities Pension44.6%
SW UBS UK Opps Pn44%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK85%
    Europe ex UK13.6%
    Money Market1.4%
  • Industrials31.7%
    Consumer Services31.4%
    Consumer Goods9.3%
    Health Care7.9%
    Financials6.2%
  • UK Equities85%
    Europe ex UK Equities13.6%
    Cash & Cash Equivalents1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund4.8%4.2%16.5%28.5%31%72.5%
Sector3.9%4.5%11%20.2%16.3%65.4%
Rank within sector110 / 869476 / 865101 / 86384 / 84527 / 808235 / 762
Quartile1st3rd1st1st1st2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.7%14.3%14.8%-1.4%25.6%
Sector2.4%10.2%4.4%0.6%24.2%
Rank within sector336 / 869267 / 84527 / 832618 / 807322 / 786
Quartile2nd2nd1st4th2nd
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.
3.71
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.
1.05
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.
0.48
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%.
11.46
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.
4.85
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.
0.78
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.
0.82
Price movement
52 week high1672.9
52 week low1203.6
Current bid price1675.9
Current offer price1675.9
Current mid price-
Region
1UK84.99%
2Europe ex UK13.63%
3Money Market1.38%
Industry sector
1Industrials31.69%
2Consumer Services31.39%
3Consumer Goods9.32%
4Health Care7.93%
5Financials6.21%
6Oil & Gas4.23%
7Technology3.96%
8Basic Materials3.89%
9Cash & Cash Equivalents1.38%
Asset type
1UK Equities84.99%
2Europe ex UK Equities13.63%
3Cash & Cash Equivalents1.38%
Individual holdings
1TULLOW OIL PLC4.23%
2MELROSE INDUSTRIES PLC4.19%
3DOMINOS PIZZA INC4.06%
4INTERCONTINENTAL HOTELS GROUP4.03%
5SMURFIT KAPPA GROUP PLC4.02%
6SMITH & NEPHEW AG4.01%
7DCC4%
8ASHTEAD GROUP ORD GBP0.103.99%
9JUST EAT PLC3.99%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To provide the potential for growth by investing in a concentrated portfolio of mainly UK shares.
Benchmark
  • No Specified Index
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Gavin Launder31/03/2015Gavin joined LGIM in 2007 and is a fund manager within the High Alpha team for Europe ex-UK portfolios. He joined LGIM from BlueBay Asset Management where he was a global equities analyst. Gavin spent the majority of his buy-side career as a Portfolio Manager with UBS O’Connor. Prior to this, he was a top-rated, sell-side analyst covering the Autos, Capital Goods and Conglomerates sectors at investment banks including SG Warburg (now part of UBS) and Goldman Sachs. Gavin holds a degree in Philosophy and Economics from University College, London.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Growth Pn 3
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.75%
Bid price1701.1
Offer price1701.1
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCV4
L&G Growth Pn G25
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1%
Bid price1675.9
Offer price1675.9
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAMF6
Data provided by

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