Fact sheet: L&G Jupiter Merlin Bal Pfl Pn

Fund information
Fund name
L&G Jupiter Merlin Balanced Portfolio Pn 3
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • John Chatfeild-Robertssince 30/09/2002
  • Algy Smith-Maxwellsince 30/09/2002
Underlying fund
Jupiter Merlin Bal Pfl
Fund objective
To achieve long-term capital growth with income by investing predominantly in unit trusts, OEICs, Exchange Traded Funds and other collective investment schemes across several management groups. The underlying funds invest in international equities, fixed interest stocks, commodities and property.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
10.7%
1 Year rank in sector
539/796
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£7m (£5m 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.
67
Bid price
193.33
Offer price
193.33
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn26.4%
Scot Eq Sequel Adventurous Pn23.9%
Scot Eq Sequel Adven Jrny Pn23.9%
Scot Eq Caerus Pfl DRP 4 Pn23.2%
FL My Ftr Advantage Gth Pn22.2%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • International32.8%
    UK32.5%
    USA14.2%
    Japan6.3%
    Europe5.7%
  • Financials88.5%
    Money Market6.8%
    Others4.6%
  • UK Equities32.5%
    International Equities25.5%
    US Equities14.2%
    Others7.4%
    Japanese Equities6.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1%-0.4%8.7%10.7%27.1%54.9%
Sector0.1%-0.1%8.9%11.9%22.7%49.3%
Rank within sector758 / 913622 / 912541 / 894539 / 796136 / 692190 / 595
Quartile4th3rd3rd3rd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund10.2%6.1%6.7%13.4%10.6%
Sector11.5%2.2%5.7%13.1%9.9%
Rank within sector561 / 80045 / 753147 / 692367 / 661231 / 596
Quartile3rd1st1st3rd2nd
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.
0.78
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.
1.14
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.
0.56
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%.
8.33
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.
2.17
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.
0.74
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.
0.95
Price movement
52 week high202.1
52 week low161.22
Current bid price193.33
Current offer price193.33
Current mid price-
Region
1International32.82%
2UK32.5%
3USA14.19%
4Japan6.28%
5Europe5.72%
6Not Specified5.27%
7Money Market3.22%
Industry sector
1Financials88.55%
2Money Market6.8%
3Others4.65%
Asset type
1UK Equities32.5%
2International Equities25.47%
3US Equities14.19%
4Others7.35%
5Japanese Equities6.28%
6European Equities5.72%
7Fixed Interest5.27%
8Money Market3.22%
Individual holdings
No data available.
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To achieve long-term capital growth with income by investing predominantly in unit trusts, OEICs, Exchange Traded Funds and other collective investment schemes across several management groups. The underlying funds invest in international equities, fixed interest stocks, commodities and property.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
John Chatfeild-Roberts30/09/2002John joined Jupiter in 2001 and is currently Head of Strategy, Independent Funds. During his time at Jupiter John has established the award-winning Jupiter Independent Funds Team, which continues to manage the Jupiter Merlin Portfolios. John was appointed as Jupiter’s Chief Investment Officer in 2010. He stood down from this role in September 2015 to focus on running the portfolios. John is also a Director of Jupiter Fund Management PLC. John started his fund management career at Henderson's and also worked at Lazard Asset Management. He is a Fellow of the Chartered Institute for Securities and Investment.
Algy Smith-Maxwell30/09/2002Algy Smith-Maxwell joined Jupiter in 2001 and is currently a fund manager in the Jupiter Independent Funds Team, which is responsible for managing the Jupiter Merlin Portfolios. Before joining Jupiter, Algy started his career in 1995 as a fund analyst for Henderson's before becoming a fund manager for Lazard Asset Management in 1999.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Jupiter Merlin Balanced Portfolio 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)1.76%
Bid price193.33
Offer price193.33
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCY5
L&G Jupiter Merlin Balanced Portfolio Pn G25
Initial charge-
Annual charge2.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.05%
Bid price189.76
Offer price189.76
Mid price-
CurrencyGBX
Price updated08/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeCLP1
Data provided by

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