Fact sheet: L&G Growth Trust

Fund information
Fund name
L&G Growth Trust I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund managers
  • Gavin Laundersince 31/03/2015
Fund objective
The objective of this fund is to provide growth.The fund will typically invest between 80% and 100% in company shares from the UK.The fund will invest in shares of companies which, in the manager's view, have strong growth prospects.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.The fund may also invest in cash or deposits.If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
13.7%
1 Year rank in sector
85/277
Sector
UT UK All Companies
Yield
1.3%
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.
0.93%
Fund size
£165m (£146m 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
102.2
Offer price
102.6
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry52.3%
UBS UK Opportunities31.1%
Schroder Recovery30.1%
Charity Equity28.2%
Schroder Specialist Value UK Equ27.5%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK86.1%
    Europe ex UK12.2%
    Money Market1.7%
  • Consumer Services39.1%
    Industrials24.2%
    Consumer Goods7.9%
    Financials7.9%
    Health Care7.5%
  • UK Equities86.1%
    Europe ex UK Equities12.2%
    Cash & Cash Equivalents1.7%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.5%-0.1%10.8%13.7%33.8%70.8%
Sector2.4%0.3%7.9%9.5%17%61.6%
Rank within sector113 / 285156 / 28364 / 28185 / 27713 / 263102 / 251
Quartile2nd3rd1st2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.2%15.2%-1.1%25.1%9.7%
Sector8.2%3.7%0.6%25.7%14.8%
Rank within sector108 / 27819 / 269215 / 264143 / 257223 / 251
Quartile2nd1st4th3rd4th
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.
4.55
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.
1.13
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.
0.57
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%.
11.58
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.
4.56
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.
1.09
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.
0.85
Price movement
52 week high106.7
52 week low77.57
Current bid price102.2
Current offer price102.6
Current mid price-
Region
1UK86.09%
2Europe ex UK12.19%
3Money Market1.72%
Industry sector
1Consumer Services39.07%
2Industrials24.16%
3Consumer Goods7.94%
4Financials7.88%
5Health Care7.45%
6Basic Materials4.02%
7Technology3.98%
8Oil & Gas3.78%
9Cash & Cash Equivalents1.72%
Asset type
1UK Equities86.09%
2Europe ex UK Equities12.19%
3Cash & Cash Equivalents1.72%
Individual holdings
1PLAYTECH PLC4.16%
2CRH4.15%
3BBA AVIATION PLC4.13%
4JUST EAT PLC4.08%
5DCC4.05%
6RECKITT BENCKISER GROUP PLC4.02%
7RIO TINTO LTD4.02%
8STANDARD CHARTERED BANK (TAIWAN)LTD4.02%
9SMURFIT KAPPA GROUP PLC3.99%
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 this fund is to provide growth.The fund will typically invest between 80% and 100% in company shares from the UK.The fund will invest in shares of companies which, in the manager's view, have strong growth prospects.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.The fund may also invest in cash or deposits.If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • FTSE All Share TR
Investment style
Growth
Investment method
Shares
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
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Growth Trust E Acc
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£100,000
Available in ISAYes
Ongoing charge (OCF)1.82%
Total expense ratio (TER)-
Bid price94.39
Offer price94.89
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeLE09
L&G Growth Trust E Inc
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£100,000
Available in ISAYes
Ongoing charge (OCF)1.82%
Total expense ratio (TER)-
Bid price79.06
Offer price79.48
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeLE11
L&G Growth Trust F Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.32%
Total expense ratio (TER)-
Bid price97.08
Offer price97.59
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5WQ
L&G Growth Trust F Inc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.32%
Total expense ratio (TER)-
Bid price79.73
Offer price80.15
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5WR
L&G Growth Trust I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price102.2
Offer price102.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAOH6
L&G Growth Trust I Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.93%
Total expense ratio (TER)-
Bid price79.11
Offer price79.53
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeAOH7
L&G Growth Trust L Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeN0CI
L&G Growth Trust R Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.82%
Total expense ratio (TER)-
Bid price94.39
Offer price99.64
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFZ66
L&G Growth Trust R Inc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.82%
Total expense ratio (TER)-
Bid price79.06
Offer price83.46
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeFZ65
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.