Fact sheet: L&G Investec Divfd Inc Pn

Fund information
Fund name
L&G Investec Diversified Income Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • John Stopfordsince 01/07/2012
Underlying fund
Investec Divfd Inc
Fund objective
The Fund aims to provide income with the opportunity for long-term capital growth. The Fund will invest in both fixed interest instruments and equities and in derivatives the underlying assets of which are fixed interest instruments and equities in order to benefit from risk reduction through diversification. Investment will be oriented towards fixed interest instruments and may include international as well as UK investments.
Benchmark
No data available.
Investment style
No data available.
Investment method
Fixed Interest
Quick stats
1 Year return
4.7%
1 Year rank in sector
136/154
Sector
PN Mixed Investment 0%-35% 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.
26
Bid price
162.68
Offer price
162.68
Top in this sector
Fund name1 Year
Aegon Balanced PassiveLS 2023Pn21%
Aegon BalancedPassiveLSPn20.9%
Aegon Balanced PassiveLS 2022Pn19.3%
Aegon BAQ 30/70 Equ &Bd Ix Pn18.5%
B&CE ThePplPnPre-Retm0.5%Pn18.3%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • North America31.8%
    Global Emerging Markets20.7%
    Far East ex Japan15.4%
    UK13.9%
    Europe ex UK13.5%
  • Equities33.5%
    Debt19.2%
    Government Bonds15.9%
    Investment Grade Corporate Bonds13.8%
    High Yield Bond13.3%
  • Global Fixed Interest63.1%
    International Equities34.1%
    Money Market2.4%
    Others0.3%
    Foreign Exchange0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%2%1.9%4.7%14.2%29.6%
Sector0.4%2.1%2%11.7%24.2%39.9%
Rank within sector94 / 175111 / 17582 / 171136 / 15497 / 13064 / 102
Quartile3rd3rd2nd4th3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2%5.1%2.1%5.9%6.3%
Sector1.8%12.5%2.3%7.6%5.6%
Rank within sector102 / 173119 / 14450 / 13386 / 12435 / 111
Quartile3rd4th2nd3rd2nd
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
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.
0.63
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.
0.38
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%.
3.38
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.
2.46
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.
-1.08
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.
0.68
Price movement
52 week high162.87
52 week low154.01
Current bid price162.68
Current offer price162.68
Current mid price-
Region
1North America31.8%
2Global Emerging Markets20.7%
3Far East ex Japan15.4%
4UK13.9%
5Europe ex UK13.5%
6Money Market2.4%
7Japan2.2%
8Not Specified0.1%
Industry sector
1Equities33.5%
2Debt19.2%
3Government Bonds15.9%
4Investment Grade Corporate Bonds13.8%
5High Yield Bond13.3%
6Money Market2.4%
7Mutual Funds1.5%
8Others0.3%
9Foreign Exchange0.1%
Asset type
1Global Fixed Interest63.1%
2International Equities34.1%
3Money Market2.4%
4Others0.3%
5Foreign Exchange0.1%
Individual holdings
1NEW ZEALAND(GOVERNMENT OF) 5% BDS 15/03/19 NZD10003.7%
2PROVINCE OF QUEBEC CANADA 8.5 APR 01 263.5%
3QUEENSLAND TREASURY CORP 6% BDS 21/07/22 AUD10002.4%
4INDONESIA(REPUBLIC OF) 7.875% BDS 15/04/19 IDR10000002.3%
5BRAZIL(FEDERATIVE REPUBLIC OF) 10% NTS 01/01/18 BRL10002.2%
6NEW ZEALAND LOCAL GOVT FDG AGENCY 2.75% BDS 15/04/25 NZD100002.2%
7BRAZIL NOTAS DO TESOURO NACION 10 JAN 01 192%
8RUSSIAN FEDERAL BOND - OFZ 6.2 JAN 31 181.9%
9RSA 8 DEC 21 181.8%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The Fund aims to provide income with the opportunity for long-term capital growth. The Fund will invest in both fixed interest instruments and equities and in derivatives the underlying assets of which are fixed interest instruments and equities in order to benefit from risk reduction through diversification. Investment will be oriented towards fixed interest instruments and may include international as well as UK investments.
Benchmark
No data available.
Investment style
No data available.
Investment method
Fixed Interest
Fund managers
NameSinceBiography
John Stopford01/07/2012John is the co-head of Multi-Asset at Investec Asset Management, responsible for all multi-strategy income. He is lead portfolio manager on our multi-strategy income and credit portfolios, as well as participating in the wider management of our multi-asset strategies. During his time at the firm John held the senior position of co-head of Fixed Income & Currency, and prior to this was responsible for the management of our South African fixed income assets from 1998 to 2004. John joined Guinness Flight in 1993, which was later acquired by Investec Asset Management, and took responsibility for investments in emerging bond and currency markets. Previous to this, he worked in London and Tokyo as a specialist global bond and currency portfolio manager for Mitsui Trust Asset Management. John graduated from the University of Oxford with an honours degree in Chemistry in 1990. In 1995, he was awarded the Chartered Financial Analyst (CFA) designation from the Association of Investment Management and Research.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Investec Diversified Income Pn G25
Initial charge-
Annual charge0.94%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.94%
Bid price162.68
Offer price162.68
Mid price-
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL240
Data provided by

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