Fact sheet: L&G Jupiter Merlin Cons Pfl Pn

Fund information
Fund name
L&G Jupiter Merlin Conservative Portfolio Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Algy Smith-Maxwellsince 27/09/2012
  • John Chatfeild-Robertssince 27/09/2012
Underlying fund
Jupiter Merlin Cnsrv 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 (where the underlying funds invest in fixed interest stocks, equities, commodities and property internationally); and directly in international fixed interest securities (including investment grade bonds, high yield bonds, government bonds, preference shares and convertible bonds), together with cash deposits and money market instruments.
Benchmark
  • ABI Sector Average
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
11.6%
1 Year rank in sector
62/145
Sector
PN Mixed Investment 0%-35% Shares
Yield
-
Fund size
£0m (£0m 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.
33
Bid price
106.84
Offer price
106.84
Top in this sector
Fund name1 Year
Pru Dynamic Growth ll Pn22.6%
Stan Life TM Levitas A Pn21.4%
Canlife BlkRckConsensus 35Pn19.6%
Zurich BlkRk Cnsnss 35 Pn19.5%
Aegon BAQ 30/70 Equ &Bd Ix Pn19.2%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • Not Specified60.7%
    UK25.9%
    International9%
    Money Market4.4%
  • Financials88.8%
    Money Market6.9%
    Others4.4%
  • Fixed Interest60.7%
    UK Equities25.9%
    International Equities5.1%
    Money Market4.4%
    Others3.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.3%0.7%3.3%11.6%--
Sector1.9%1.5%4.3%14%23.2%39.1%
Rank within sector70 / 17872 / 17582 / 16762 / 145--
Quartile2nd2nd2nd2nd
Calendar performance
 YTD - 20172016201520142013
Fund1.1%8.7%---
Sector0.6%12.5%2.3%7.6%5.6%
Rank within sector41 / 17884 / 145---
Quartile1st3rd
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high106.84
52 week low94.12
Current bid price106.84
Current offer price106.84
Current mid price-
Region
1Not Specified60.69%
2UK25.94%
3International8.96%
4Money Market4.41%
Industry sector
1Financials88.77%
2Money Market6.87%
3Others4.35%
Asset type
1Fixed Interest60.69%
2UK Equities25.94%
3International Equities5.09%
4Money Market4.41%
5Others3.87%
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 (where the underlying funds invest in fixed interest stocks, equities, commodities and property internationally); and directly in international fixed interest securities (including investment grade bonds, high yield bonds, government bonds, preference shares and convertible bonds), together with cash deposits and money market instruments.
Benchmark
  • ABI Sector Average
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Algy Smith-Maxwell27/09/2012Algy 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.
John Chatfeild-Roberts27/09/2012John 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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Jupiter Merlin Conservative Portfolio Pn G25
Initial charge-
Annual charge1.37%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.52%
Bid price106.84
Offer price106.84
Mid price-
CurrencyGBX
Price updated16/01/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeM9IX
Data provided by

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