Fact sheet: L&G Investec Gbl Engy Pn

Fund information
Fund name
L&G Investec Global Energy Pn 3
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Tim Guinnesssince 28/04/2006
Underlying fund
Investec Global Energy
Fund objective
The Fund aims to achieve long term capital growth primarily through investment in equities issued by companies around the globe involved in the exploration, production or distribution of oil, gas and other energy sources or companies which service the energy industry and in derivatives the underlying assets of which are equities issued by companies around the globe involved in the exploration, production or distribution of oil, gas and other energy sources or companies which service the energy industry.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
13.1%
1 Year rank in sector
42/63
Sector
PN Commodity & Energy
Yield
-
Fund size
£4m (£3m 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.
186
Bid price
106.84
Offer price
106.84
Top in this sector
Fund name1 Year
FL JPM Natural Res AP42.3%
Scot Eq JPM Natrl Resrcs Pn41.3%
HLL JPM Natural Res Pn41.3%
FL JPM Natural Res EP40.7%
FL MyM JPM Natural Res Pn40.3%
...more in PN Commodity & Energy

Performance snapshot

Holdings snapshot

  • USA55%
    Canada14%
    UK10.8%
    France7%
    China2.9%
  • Oil & Gas Exploration & Production36.2%
    Oil & Gas - Integrated35.5%
    Oil & Gas22.9%
    Money Market1.6%
    Electronic & Electrical Equipment1.5%
  • Commodity & Energy98.4%
    Money Market1.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.9%-12.1%-6.5%13.1%-25.3%-1.6%
Sector-5.1%-12.1%0.1%21%5.2%-10.7%
Rank within sector39 / 6420 / 6461 / 6442 / 6356 / 615 / 57
Quartile3rd2nd4th3rd4th1st
Calendar performance
 YTD - 20172016201520142013
Fund-16.3%48.3%-23.2%-17%14.2%
Sector-4.4%70.6%-24.9%-8.9%-25%
Rank within sector63 / 6460 / 6228 / 6153 / 614 / 61
Quartile4th4th2nd4th1st
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.
-8.2
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.
0.68
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.
-0.03
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%.
24.08
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.
18.15
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.
-0.52
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.
0.5
Price movement
52 week high128.9
52 week low91.54
Current bid price106.84
Current offer price106.84
Current mid price-
Region
1USA55%
2Canada14%
3UK10.8%
4France7%
5China2.9%
6Norway2.2%
7Portugal2.2%
8Russia1.9%
9Sweden1.7%
Industry sector
1Oil & Gas Exploration & Production36.2%
2Oil & Gas - Integrated35.5%
3Oil & Gas22.9%
4Money Market1.6%
5Electronic & Electrical Equipment1.5%
6Alternative & Renewable Energy0.6%
7Semi Conductors0.4%
8Automotive0.3%
9Building & Construction0.2%
Asset type
1Commodity & Energy98.4%
2Money Market1.6%
Individual holdings
1ROYAL DUTCH SHELL7.9%
2TOTAL SA6.7%
3CHEVRON CORP6.1%
4SCHLUMBERGER5.4%
5EOG RESOURCES INC4.8%
6EXXON MOBIL CORP4.7%
7SUNCOR ENERGY INC(NEW)3.9%
8PIONEER NATURAL RESOURCES CO3.7%
9ENBRIDGE INC3.6%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The Fund aims to achieve long term capital growth primarily through investment in equities issued by companies around the globe involved in the exploration, production or distribution of oil, gas and other energy sources or companies which service the energy industry and in derivatives the underlying assets of which are equities issued by companies around the globe involved in the exploration, production or distribution of oil, gas and other energy sources or companies which service the energy industry.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Tim Guinness28/04/2006Tim Guinness is the founder and Chief Investment Officer of Guinness Asset Management and Guinness Atkinson Asset Management, our sister US business. He has over 35 years’ investment experience. He founded Guinness Flight Global Asset Management Ltd in 1987 and was CEO (or joint CEO) from 1987 to 1999 and a portfolio manager of the Global Equity Fund. After Investec acquired Guinness Flight in 1998, he was Chairman of the company during the transition into Investec, as well as lead manager of the Investec Global Energy Fund. In 2003 he left Investec to set up Guinness Asset Management, which was appointed the outsource manager of Investec Global Energy Fund until 2008. Tim graduated from Cambridge University with a degree in engineering. He then completed a Master’s Degree in Management Science at the Sloan School M.I.T. in the United States. Tim is co-manager of the Guinness Global Energy Fund and the Guinness Global Money Managers Fund.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Investec Global Energy Pn 3
Initial charge-
Annual charge0.67%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.8%
Bid price106.84
Offer price106.84
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCX0
L&G Investec Global Energy Pn G25
Initial charge-
Annual charge1.31%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.31%
Bid price103.42
Offer price103.42
Mid price-
CurrencyGBX
Price updated22/05/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL238
Data provided by

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