Fact sheet: L&G Jupiter Financial Opp Pn

Fund information
Fund name
L&G Jupiter Financial Opportunities Pn 3
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Guy de Blonaysince 31/05/2010
Underlying fund
Jupiter Financial Opps
Fund objective
The objective is to achieve long-term capital growth principally through investment in equities of financial sector companies on an international basis. The investment policy is to invest in a concentrated, international portfolio. The Fund will principally comprise of financial services companies and to a lesser extent property related companies considered by the Manager to be undervalued and which exhibit favourable growth prospects arising from characteristics such as proven management or strong products or services. The Fund's investment in UK companies will be equal to or greater than the UK weighting in the MSCI All Country World Financials Index or any successor benchmark index. Investment in other countries is, however, unconstrained.
Benchmark
  • MSCI ACWI Financials Index
Investment style
Growth
Investment method
Shares
Quick stats
1 Year return
6.8%
1 Year rank in sector
266/513
Sector
PN Specialist
Yield
-
Fund size
£3m (£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.
95
Bid price
163.35
Offer price
163.35
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus41.4%
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L&G Nep Russia&Gtr Russia Pn40.7%
Scot Eq JPM Emg Eur Eq Pn36.6%
OMW InvescoPerpetualEmgEurpn36.5%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • North America45.6%
    Europe ex UK30.8%
    UK16.8%
    Asia Pacific ex Japan9.5%
    Middle East1.4%
  • Financials78.7%
    Industrials18%
    Technology5.1%
    Money Market-1.8%
  • North American Equities45.6%
    Europe ex UK Equities30.8%
    UK Equities16.8%
    Asia Pacific ex Japan Equities9.5%
    Middle East & African Equities1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.6%0.1%8.6%6.8%25%74.4%
Sector-0.8%-0.9%5.9%8.3%20.4%40.7%
Rank within sector482 / 546160 / 545164 / 531266 / 513133 / 38655 / 317
Quartile4th2nd2nd3rd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund6.6%8.1%4.2%24.4%20%
Sector8.3%2%7.2%11%7.7%
Rank within sector264 / 51450 / 450273 / 38836 / 35724 / 318
Quartile3rd1st3rd1st1st
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.
-1.93
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.
1.6
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.
0.39
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%.
11.09
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.
6.64
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.
0.21
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.
0.74
Price movement
52 week high174.75
52 week low131.68
Current bid price163.35
Current offer price163.35
Current mid price-
Region
1North America45.6%
2Europe ex UK30.81%
3UK16.82%
4Asia Pacific ex Japan9.5%
5Middle East1.4%
6Latin America0.41%
7Money Market-4.56%
Industry sector
1Financials78.72%
2Industrials18.03%
3Technology5.08%
4Money Market-1.82%
Asset type
1North American Equities45.6%
2Europe ex UK Equities30.81%
3UK Equities16.82%
4Asia Pacific ex Japan Equities9.5%
5Middle East & African Equities1.4%
6American Emerging Equities0.41%
7Money Market-4.56%
Individual holdings
1VZ HOLDINGS4.22%
2BANQUE CANTONALE VAUDOISE4.05%
3DANSKE BANK A/S3.82%
43I GROUP3.81%
5JPMORGAN CHASE & CO3.77%
6AIA GROUP LTD2.86%
7MORGAN STANLEY2.77%
8VISA INC2.7%
9ING GROEP N.V.2.67%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The objective is to achieve long-term capital growth principally through investment in equities of financial sector companies on an international basis. The investment policy is to invest in a concentrated, international portfolio. The Fund will principally comprise of financial services companies and to a lesser extent property related companies considered by the Manager to be undervalued and which exhibit favourable growth prospects arising from characteristics such as proven management or strong products or services. The Fund's investment in UK companies will be equal to or greater than the UK weighting in the MSCI All Country World Financials Index or any successor benchmark index. Investment in other countries is, however, unconstrained.
Benchmark
  • MSCI ACWI Financials Index
Investment style
Growth
Investment method
Shares
Fund managers
NameSinceBiography
Guy de Blonay31/05/2010Guy joined Jupiter in 1995 and is currently a fund manager in the Global equities team. Guy is the lead manager of the Jupiter Financial Opportunities Fund and the Jupiter International Financials Fund (Unit Trusts) as well as the Jupiter Global Financials fund (SICAV). In 2001, Guy joined New Star (which was subsequently taken over by Henderson) where he managed global financial equities. He returned to Jupiter in January 2010, initially in an advisory capacity, before again assuming fund management responsibilities in June 2010.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Jupiter Financial Opportunities Pn 3
Initial charge-
Annual charge0.87%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.15%
Bid price163.35
Offer price163.35
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCY4
L&G Jupiter Financial Opportunities Pn G25
Initial charge-
Annual charge1.71%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.71%
Bid price158
Offer price158
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL260
Data provided by

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