Fact sheet: L&G Invesco Perp Mgd Inc Pn

Fund information
Fund name
L&G Invesco Perpetual Managed Income Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Nick Mustoesince 31/05/2013
Underlying fund
Invesco Perp Managed Income
Fund objective
The Invesco Perpetual Managed Income Fund aims to achieve capital growth and a higher than average level of income from a portfolio primarily of Qualifying Funds. In pursuing this objective, the fund managers may include investments that they consider appropriate which include transferable securities, money market instruments, warrants, collective investment schemes, deposits and other permitted investments and transactions.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Quick stats
1 Year return
21.2%
1 Year rank in sector
441/869
Sector
PN Mixed Investment 40%-85% 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.
67
Bid price
201.51
Offer price
201.51
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn39.2%
Scot Eq Sequel Adven Jrny Pn34.8%
FL My Ftr Advantage Gth Pn34.6%
Scot Eq Sequel Adventurous Pn34.5%
FL My Ftr Adv Gth XE/IE Pn34%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • Not Specified28%
    USA16.9%
    Europe16.4%
    UK14.4%
    Asia6.3%
  • Financials21.9%
    Industrials10.2%
    Health Care8.8%
    Information Technology6%
    Money Market5%
  • US Equities16.9%
    European Equities16.4%
    UK Equities14.4%
    Others14.4%
    Global Corporate Fixed Interest13.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.1%4.3%6.9%21.2%28.9%61.8%
Sector2%5.3%5%19.9%26%48%
Rank within sector882 / 922758 / 911227 / 910441 / 869223 / 70561 / 609
Quartile4th4th1st3rd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund2%14.5%3.5%6.3%19.5%
Sector2.4%14.3%2.2%5.7%13.1%
Rank within sector693 / 911444 / 800177 / 753190 / 69444 / 663
Quartile4th3rd1st2nd1st
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.
0.01
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.
1.11
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.
0.65
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%.
8.26
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.
2.55
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.
0.32
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.
0.91
Price movement
52 week high201.92
52 week low165.88
Current bid price201.51
Current offer price201.51
Current mid price-
Region
1Not Specified28%
2USA16.87%
3Europe16.4%
4UK14.39%
5Asia6.31%
6International6.26%
7Japan5.15%
8Money Market3.26%
9Latin America2.84%
Industry sector
1Financials21.87%
2Industrials10.24%
3Health Care8.79%
4Information Technology6.03%
5Money Market4.99%
6Consumer Goods4.97%
7Telecommunications4.36%
8Utilities4.02%
9Oil & Gas3.78%
Asset type
1US Equities16.87%
2European Equities16.4%
3UK Equities14.39%
4Others14.37%
5Global Corporate Fixed Interest13.63%
6Asia Pacific Equities6.31%
7Japanese Equities5.15%
8Global Small Cap Equities5.01%
9Money Market3.26%
Individual holdings
1INVESCO PERPETUAL EUROPEAN EQUITY INCOME INC17.37%
2INVESCO PERPETUAL US EQUITY ACC16.6%
3INVESCO PERPETUAL INCOME INC14.39%
4INVESCO PERPETUAL UK STRATEGIC INCOME INC14.04%
5INVESCO PERPETUAL CORPORATE BOND INC12.5%
6INVESCO PERPETUAL JAPAN ACC5.07%
7INVESCO PERPETUAL GLOBAL SMALLER COMPANIES INC5.05%
8INVESCO PERPETUAL ASIAN INC4.71%
9INVESCO PERPETUAL LATIN AMERICAN INC2.67%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The Invesco Perpetual Managed Income Fund aims to achieve capital growth and a higher than average level of income from a portfolio primarily of Qualifying Funds. In pursuing this objective, the fund managers may include investments that they consider appropriate which include transferable securities, money market instruments, warrants, collective investment schemes, deposits and other permitted investments and transactions.
Benchmark
  • No Specified Index
Investment style
Aggressive
Investment method
None
Fund managers
NameSinceBiography
Nick Mustoe31/05/2013Based in Henley-on-Thames, Nick is Chief Investment Officer of Invesco Perpetual. Nick joined the company in June 2010. His investment career spans over 30 years to date, having started with Phillips & Drew Fund Management as a UK equity manager in 1985. More recently, he was appointed CIO of Pictet Asset Management in 2006 after joining Hermes Pensions Management as CIO in 2002. He holds a first class honours degree in Business Studies from Bradford University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Invesco Perpetual Managed Income Pn G25
Initial charge-
Annual charge1.57%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.57%
Bid price201.51
Offer price201.51
Mid price-
CurrencyGBX
Price updated23/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL234
Data provided by

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