Fact sheet: L&G Henderson UK Alpha Pn

Fund information
Fund name
L&G Henderson UK Alpha Pn G17
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Tim Steersince 17/04/2006
Underlying fund
Henderson UK Alpha
Fund objective
To seek capital growth through a relatively concentrated portfolio principally investing in the securities of UK companies.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10.2%
1 Year rank in sector
392/845
Sector
PN UK All Companies
Yield
-
Fund size
£2m (£2m 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.
87
Bid price
1582.4
Offer price
1582.4
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn50.2%
Fidelity UBS UK Select Pn31.2%
Halifax IM UK Growth Pn30.9%
CM UBS UK Opportunities Pension30.7%
SW UBS UK Opps Pn30.2%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK98.1%
    Money Market1.9%
  • Financials24.3%
    Industrials21.2%
    Consumer Services17.9%
    Oil & Gas9.1%
    Health Care6.6%
  • UK Equities98.1%
    Money Market1.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.1%-0.6%8.2%10.2%31.7%64.3%
Sector2.1%0.1%7.1%8.2%16.6%60%
Rank within sector206 / 867512 / 864423 / 863392 / 84520 / 807281 / 758
Quartile1st3rd2nd2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund8.6%12%4.3%22.7%7.3%
Sector7.1%4.4%0.6%24.2%15.4%
Rank within sector402 / 84572 / 833134 / 808449 / 787740 / 760
Quartile2nd1st1st3rd4th
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.
4.04
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.
1.01
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.
0.47
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%.
10.55
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.
3.99
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.
0.99
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 high1640.9
52 week low1271.3
Current bid price1582.4
Current offer price1582.4
Current mid price-
Region
1UK98.1%
2Money Market1.9%
Industry sector
1Financials24.3%
2Industrials21.2%
3Consumer Services17.9%
4Oil & Gas9.1%
5Health Care6.6%
6Consumer Goods6%
7Technology5.5%
8Telecommunications4.5%
9Basic Materials2.9%
Asset type
1UK Equities98.1%
2Money Market1.9%
Individual holdings
1ROYAL DUTCH SHELL7.8%
2JOHN LAING GROUP PLC3.5%
3NMC HEALTH PLC3.5%
4HSBC HOLDINGS PLC3.4%
5IMPERIAL TOBACCO GROUP PLC3%
6MELROSE INDUSTRIES PLC2.9%
7VODAFONE GROUP2.9%
8MICRO FOCUS INTERNATIONAL2.8%
9RELX NV2.7%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To seek capital growth through a relatively concentrated portfolio principally investing in the securities of UK companies.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Tim Steer17/04/2006After graduating from the University of London, Tim qualified as a chartered accountant. While working for Merrill Lynch and HSBC, Tim established himself as a leading small companies analyst. In 2001, Tim joined New Star Asset Management to manage the New Star UK Alpha Fund and the New Star UK Gemini Hedge Fund from launch in December 2003. Tim joined Artemis in June 2009 to manage the Artemis UK Growth Fund and the Artemis Pan-European Hedge Fund. With Paul Casson, he launched the Artemis Pan-European Absolute Return Fund in July 2014.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Henderson UK Alpha Pn G17
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.5%
Bid price1582.4
Offer price1582.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL658
L&G Henderson UK Alpha Pn G17 Inet
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1293.8
Offer price1293.8
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL659
L&G Henderson UK Alpha Pn G25
Initial charge-
Annual charge1.42%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.42%
Bid price140.24
Offer price140.24
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL323
Data provided by

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