Fact sheet: L&G Investec UK Spl Sits Pn

Fund information
Fund name
L&G Investec UK Special Situations Pn 3
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Alastair Mundysince 31/07/2002
Underlying fund
Investec UK Special Sits
Fund objective
The Fund aims to provide a combination of income and long term capital growth, primarily through application of a contrarian approach to investment in UK equities and in derivatives the underlying assets of which are UK equities.
Benchmark
  • FTSE All Share
Investment style
Value
Investment method
No data available.
Quick stats
1 Year return
27.3%
1 Year rank in sector
306/843
Sector
PN UK All Companies
Yield
-
Fund size
£3m (£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.
104
Bid price
222.77
Offer price
222.77
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn77%
Fidelity UBS UK Select Pn46.2%
Halifax IM UK Growth Pn45.8%
CM UBS UK Opportunities Pension45.6%
SW UBS UK Opps Pn45.1%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK94.7%
    Money Market5.3%
  • Financials29.1%
    Consumer Services18.7%
    Industrials15.1%
    Oil & Gas9.7%
    Health Care7.1%
  • UK Equities90.3%
    Money Market5.3%
    UK Fixed Interest4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%7%11.3%27.3%18.6%61.4%
Sector0.4%7.5%6.1%23.7%18.7%58%
Rank within sector210 / 870626 / 86996 / 862306 / 843422 / 808317 / 762
Quartile1st3rd1st2nd3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund2.7%15.7%-0.6%-0%25%
Sector2.8%10.2%4.4%0.6%24.2%
Rank within sector476 / 869143 / 844696 / 831460 / 806351 / 786
Quartile3rd1st4th3rd2nd
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.
-0.6
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.
1.02
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.
0.16
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%.
10.98
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.
4.61
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.
-0.13
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.
0.82
Price movement
52 week high222.77
52 week low174.98
Current bid price222.77
Current offer price222.77
Current mid price-
Region
1UK94.7%
2Money Market5.3%
Industry sector
1Financials29.1%
2Consumer Services18.7%
3Industrials15.1%
4Oil & Gas9.7%
5Health Care7.1%
6Money Market5.3%
7Fixed Interest4.4%
8Utilities4.4%
9Consumer Goods2.1%
Asset type
1UK Equities90.3%
2Money Market5.3%
3UK Fixed Interest4.4%
Individual holdings
1HSBC HLDGS7.2%
2GLAXOSMITHKLINE7.1%
3BARCLAYS PLC6.5%
4ROYAL DUTCH SHELL6%
5GRAFTON GROUP4.7%
6LLOYDS BANKING GROUP PLC4.5%
7ROYAL BANK OF SCOTLAND GROUP PLC4.5%
8MORRISON(WM.)SUPERMARKETS3.9%
9TESCO3.9%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The Fund aims to provide a combination of income and long term capital growth, primarily through application of a contrarian approach to investment in UK equities and in derivatives the underlying assets of which are UK equities.
Benchmark
  • FTSE All Share
Investment style
Value
Investment method
No data available.
Fund manager
NameSinceBiography
Alastair Mundy31/07/2002Alastair is head of the Value team at Investec Asset Management having joined in 2000 from Morley Fund Management. Alastair manages a number of funds including the Investec Cautious Managed Fund and the Investec UK Special Situations Fund. He also manages the Temple Bar Investment Trust. Alastair graduated from City University with a Bachelor of Science degree in Actuarial Science in 1988.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Investec UK Special Situations Pn 3
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.85%
Bid price222.77
Offer price222.77
Mid price-
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCX5
L&G Investec UK Special Situations Pn G25
Initial charge-
Annual charge1.27%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.27%
Bid price217.24
Offer price217.24
Mid price-
CurrencyGBX
Price updated16/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL244
Data provided by

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