Fact sheet: L&G IP GLGStkmktMngd Pn

Fund information
Fund name
L&G IP GLG Stockmarket Managed Pn SH G17
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Alan Torrysince 05/04/2001
  • Stuart Gilmartinsince 05/04/2001
  • Hugh Sergeantsince 05/04/2001
Underlying fund
Man GLG Global Equity
Fund objective
Man GLG Global Equity (the "Fund") adopts a concentrated stock selection approach in the global equity markets with a focus on medium/long term returns. Through superior analysis and regular contact with the management of companies in which we have invested, our aim is to target annual returns significantly in excess of the underlying equity index.
Benchmark
  • Composite
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
7.7%
1 Year rank in sector
355/422
Sector
PN Flexible Investment
Yield
-
Fund size
£26m (£25m 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.
70
Bid price
228
Offer price
228
Top in this sector
Fund name1 Year
Scot Eq UBS Stockmkt Mgd Pn28.6%
Aviva Variable Annuity CU Pn27.3%
FL Spicers Adventurous Pn25.6%
Aegon Mrc Divfd Gth Pn25.2%
OMW IPL F&CUK EqLkd GiltPn24.9%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • USA36.2%
    Japan19.9%
    UK11.9%
    China4.1%
    Germany3.9%
  • Industrials17.9%
    Information Technology14.2%
    Consumer Discretionary13.8%
    Financials10.6%
    Health Care10.1%
  • North American Equities33.9%
    International Equities29.2%
    Europe ex UK Equities26%
    UK Equities8.7%
    Others2.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%2%9.7%7.7%22.4%63.2%
Sector0.1%0.2%8.6%12%24.6%53.7%
Rank within sector60 / 485134 / 472278 / 464355 / 422214 / 309113 / 246
Quartile1st2nd3rd4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund7.6%3.8%6%25.1%11.2%
Sector11.7%2.5%6.7%14.8%10.5%
Rank within sector356 / 430107 / 335163 / 30921 / 266145 / 249
Quartile4th2nd3rd1st3rd
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.
-1.78
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.
1.17
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.
0.3
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%.
8.91
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.
4.02
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.
-0.19
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.
0.81
Price movement
52 week high230.7
52 week low188.4
Current bid price228
Current offer price228
Current mid price-
Region
1USA36.19%
2Japan19.9%
3UK11.95%
4China4.11%
5Germany3.86%
6France3.4%
7Spain2.88%
8Ireland2.72%
9Netherlands2.58%
Industry sector
1Industrials17.86%
2Information Technology14.16%
3Consumer Discretionary13.81%
4Financials10.6%
5Health Care10.12%
6Energy8.35%
7Consumer Staples8.09%
8Materials5.14%
9Utilities3.99%
Asset type
1North American Equities33.88%
2International Equities29.19%
3Europe ex UK Equities25.98%
4UK Equities8.72%
5Others2.23%
Individual holdings
1WELLS FARGO & CO3.73%
2HALLIBURTON CO3.62%
3FACEBOOK INC3.22%
4TECHNOPRO HLDGS INC3.1%
5TENCENT HLDGS LTD3.1%
6AMERICAN WATER WORKS CO INC2.95%
7TSURUHA HOLDINGS INC2.75%
8LOCKHEED MARTIN CORP2.63%
9ASML Holding NV2.58%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
Man GLG Global Equity (the "Fund") adopts a concentrated stock selection approach in the global equity markets with a focus on medium/long term returns. Through superior analysis and regular contact with the management of companies in which we have invested, our aim is to target annual returns significantly in excess of the underlying equity index.
Benchmark
  • Composite
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Alan Torry05/04/2001Alan joined Provincial Insurance from the University of Hull. He was a UK Fund Manager until 1975, when he became a US Fund Manager. In 1982 he launched the Prolific North American and Technology unit trusts. In 1988 he became a director of the newly - founded Prolific Asset Management after it was spun out of Provincial. In April 1998 he joined SG Asset Management heading up the US and Technology sectors.
Stuart Gilmartin05/04/2001Stuart graduated from University College London with a BSc in Mechanical Engineering. He joined Société Générale Asset Management at the end of June 1998 from GAN Fund Managers where he was a Director and European specialist. Prior to that he set up the European Unit Trust at Gartmore and developed specialist vehicles for pension funds. At Société Générale Asset Management Stuart co-heads the International team and is Head of European Equities.
Hugh Sergeant05/04/2001Hugh is the CIO of Equities. Graduated from the London School of Economics with a degree in Economics. He joined Gartmore in 1987 as a UK equity graduate trainee and moved to Phillips & Drew in 1990, managing UK equities throughout his twelve years there. He became Head of Smaller Companies in 1997, establishing a new team and launching the UBS Smaller Companies Fund and in March 2000 was promoted to Head of UK Equities at UBSGAM and Chairman of the UK Equity Committee. He joined SGAM in 2002 where he was Head of UK Equities, manager of the Diversified Growth strategy and co-manager of the Special Opportunities fund. Hugh joined River and Mercantile in August 2006. Hugh is CIO of the Equity team at River and Mercantile with overall responsibility for managing and developing the team. As a Fund Manager he will be focused on the UK High Alpha, Long Term Recovery and World Recovery strategies.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G IP GLG Stockmarket Managed Pn SH G17
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price228
Offer price228
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeLA41
L&G IP GLG Stockmarket Managed Pn SH 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 price195.4
Offer price195.4
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL404
Data provided by

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