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
28.4%
1 Year rank in sector
70/528
Sector
PN Specialist
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.
96
Bid price
183.97
Offer price
183.97
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Performance snapshot

Holdings snapshot

  • North America49.2%
    Europe ex UK22.8%
    UK11.9%
    Asia Pacific ex Japan11.8%
    Japan1.4%
  • Banks40.4%
    Financial Services24%
    Support Services11.9%
    Insurance6.6%
    Software5.6%
  • North American Equities49.2%
    Europe ex UK Equities22.8%
    UK Equities11.9%
    Asia Pacific ex Japan Equities11.8%
    Japanese Equities1.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.1%7.7%11.2%28.4%31.5%80.3%
Sector0.8%3.6%4.8%14.3%24.6%42.2%
Rank within sector46 / 55956 / 55547 / 55070 / 528156 / 39750 / 334
Quartile1st1st1st1st2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund7.2%12%8.1%4.2%24.4%
Sector2.9%11.6%2%7.2%11%
Rank within sector53 / 555226 / 51951 / 455272 / 39336 / 365
Quartile1st2nd1st3rd1st
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.
-1.88
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.
0.53
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.
6.65
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.
0.3
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 high186.36
52 week low142.78
Current bid price183.97
Current offer price183.97
Current mid price-
Region
1North America49.17%
2Europe ex UK22.77%
3UK11.94%
4Asia Pacific ex Japan11.76%
5Japan1.45%
6Latin America1.15%
7Middle East0.97%
8Money Market0.79%
Industry sector
1Banks40.37%
2Financial Services23.96%
3Support Services11.88%
4Insurance6.64%
5Software5.62%
6Life Insurance5.19%
7Real Estate2.27%
8Property Shares2.06%
9Equities1.2%
Asset type
1North American Equities49.17%
2Europe ex UK Equities22.77%
3UK Equities11.94%
4Asia Pacific ex Japan Equities11.76%
5Japanese Equities1.45%
6American Emerging Equities1.15%
7Middle East & African Equities0.97%
8Money Market0.79%
Individual holdings
1MORGAN STANLEY3.97%
2VZ HOLDINGS3.72%
3DANSKE BANK A/S3.7%
4BANQUE CANTONALE VAUDOISE3.5%
5JPMORGAN CHASE & CO3.39%
6BANK OF AMERICA CORP3.21%
7TEMENOS GROUP AG2.81%
8VISA INC2.73%
9INDIABULLS HOUSING FIN LTD2.42%
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 price183.97
Offer price183.97
Mid price-
CurrencyGBX
Price updated21/03/2017
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 price177.64
Offer price177.64
Mid price-
CurrencyGBX
Price updated21/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL260
Data provided by

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