Fact sheet: L&G Henderson MM Dist Pn

Fund information
Fund name
L&G Henderson Multi Manager Distribution Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Chris Forgansince 01/01/2017
  • Nick Watsonsince 01/01/2017
  • Helen Bradshawsince 01/01/2017
  • Paul O'Connorsince 01/01/2017
Underlying fund
Henderson Multi Manager Dist
Fund objective
The Fund aims to provide a sustainable level of income with the potential for some long term capital growth. The Fund will invest in a spread of authorised unit trusts and/or authorised companies which may be selected from those available in the whole market. The Fund may invest in funds investing outside the UK, while maintaining a core exposure to funds investing in the UK. The Fund may also invest in transferable securities including investment trusts, money market instruments, deposits, derivatives and forward transactions and unregulated collective investment schemes.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
10.9%
1 Year rank in sector
418/490
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£0m (£0m 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.
40
Bid price
134.35
Offer price
134.35
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn46.5%
OMW IPL F&COs EqLnkUKInflPn40.3%
AXA Wealth TEAMS cl Gvn ptfl VPn31%
Aegon Dynamic Lifestyle 2023 (RR)Pn29.9%
OMW IPL F&C Os EqLkUK GltPn29.3%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • Not Specified23.7%
    International22.6%
    UK17.4%
    Money Market10.2%
    Europe ex UK9.2%
  • No data available.
  • UK Equities17.4%
    Global Government Fixed Interest13%
    Money Market10.2%
    International Equities9.6%
    Europe ex UK Equities9.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.9%1.8%5.5%10.9%16.5%40.8%
Sector1.4%2.5%6.7%14.8%22.7%46%
Rank within sector122 / 530402 / 529392 / 521418 / 490319 / 411250 / 358
Quartile1st4th4th4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.6%8.1%1%4.5%10.8%
Sector4.2%11.8%1.3%6%8.3%
Rank within sector364 / 522346 / 459240 / 423259 / 397133 / 380
Quartile3rd4th3rd3rd2nd
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.
-0.25
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.
0.79
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.
0.32
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%.
4.79
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.
2.49
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.
-0.64
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.
0.78
Price movement
52 week high134.38
52 week low119.27
Current bid price134.35
Current offer price134.35
Current mid price-
Region
1Not Specified23.7%
2International22.6%
3UK17.4%
4Money Market10.2%
5Europe ex UK9.2%
6North America5.8%
7Asia Pacific ex Japan4.7%
8Japan3.3%
9Global Emerging Markets3.1%
Industry sector
No data available.
Asset type
1UK Equities17.4%
2Global Government Fixed Interest13%
3Money Market10.2%
4International Equities9.6%
5Europe ex UK Equities9.2%
6Global Fixed Interest8.4%
7North American Equities5.8%
8Asia Pacific ex Japan Equities4.7%
9Global High Yield Fixed Interest4.1%
Individual holdings
1RWC ENHANCED INCOME B INC GBP6.06%
2ISHARES CORE UK GILTS UCITS GBP6.03%
3ARTEMIS INCOME (INC GBP)4.96%
4BLACKROCK CONTINENTAL EUROPEAN INCOME A INC GBP4.86%
5PIMCO GIS INCOME I INC USD4.54%
6CULLEN NORTH AMERICAN HIGH DIVIDEND VALUE EQUITY B INC USD4.43%
7THREADNEEDLE UK MONTHLY INCOME Z INC GBP4.42%
8ARTEMIS GLOBAL INCOME I INC4.26%
9INVESCO PERPETUAL EUROPEAN EQUITY INCOME ACC4.1%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The Fund aims to provide a sustainable level of income with the potential for some long term capital growth. The Fund will invest in a spread of authorised unit trusts and/or authorised companies which may be selected from those available in the whole market. The Fund may invest in funds investing outside the UK, while maintaining a core exposure to funds investing in the UK. The Fund may also invest in transferable securities including investment trusts, money market instruments, deposits, derivatives and forward transactions and unregulated collective investment schemes.
Benchmark
  • No Specified Index
Investment style
Balanced
Investment method
None
Fund managers
NameSinceBiography
Chris Forgan01/01/2017Chris Forgan joined Henderson in 2005 from First State Investments where he was a Senior Performance Analyst covering areas such as performance attribution, risk analysis and portfolio analytics. Chris became a Fund Manager in 2010. Chris holds a BA (Hons) in Business & Marketing from the University of Northumbria and the Investment Management Certificate.
Nick Watson01/01/2017Nick Watson joined Henderson in 2007 as a Graduate Trainee. This involved a rotational programme across Global SRI Equities, Global Fixed Income Hedge Fund and Product and Business Support. In 2009, Nick became a Research and Insight Manager for the Product team and was responsible for identifying market trends and new product ideas. This included involvement in Henderson’s acquisitions of New Star and Gartmore. In July 2012, Nick became a Trainee Fund Manager for the Multi Asset team and is now a Fund Manager. Prior to joining Henderson, he worked in a back office data administration role for Fidelity International. Nick graduated with an honours degree from the University of Exeter in Economics. He also holds the Investment Management Certificate. He is also a CFA charterholder.
Helen Bradshaw01/01/2017Helen Bradshaw joined the Multi-Asset team in 2006 as a Trainee Fund of Funds Manager. She joined from Henderson’s product management team, where she had a particular focus on the Horizon and hedge fund ranges. In 2011 Helen became a Fund Manager. Helen holds a LLB Law degree from Exeter University, the LPC from the College of Law, Guildford and the Investment Management Certificate.
Paul O'Connor01/01/2017Paul O'Connor joined the Multi-Asset team in 2013 from Mercer, where he was Head of Asset Allocation (EMEA), responsible for asset allocation across all client portfolios in the region. He was also the lead manager on the Mercer Diversified Growth Fund. He joined Henderson to focus on asset allocation in the Multi-Asset team, with a particular focus on the Diversified Growth funds.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Henderson Multi Manager Distribution Pn G25
Initial charge-
Annual charge2.09%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.06%
Bid price134.35
Offer price134.35
Mid price-
CurrencyGBX
Price updated25/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNES1
Data provided by

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