Fact sheet: L&G M&G Asian Pn

Fund information
Fund name
L&G M&G Asian Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Matthew Vaightsince 29/02/2008
  • Alice de Charmoysince 01/03/2015
Underlying fund
M&G Asian
Fund objective
The fund invests in shares of companies throughout Asia (excluding Japan), or companies that conduct the majority of their business activities in these countries, with the aim of generating long-term capital growth. Portfolio construction is based on in-depth analysis of companies. The fund manager focuses on firms that are run for the benefit of their shareholders and whose long-term potential to generate returns, he thinks, is not fully appreciated by other investors.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
22.7%
1 Year rank in sector
165/222
Sector
PN Asia Pacific Excluding Japan
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.
114
Bid price
254.33
Offer price
254.33
Top in this sector
Fund name1 Year
FL GM Asia Pac ExJapan Eq Pn39.8%
FL Invesco Perpetual Asian AP39.8%
RLP AsPacCre+(InvescoPerpAsian)Pn37.4%
Scot Eq Invesco Perp Asian Pn37.2%
LV= Invesco Perp Asian Pn37.2%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China22.1%
    Korea18.4%
    Taiwan17.1%
    Hong Kong13.7%
    Australia10.2%
  • Information Technology29.7%
    Financials26.3%
    Industrials11.5%
    Materials8.9%
    Utilities6.2%
  • Chinese Equities22.1%
    South Korean Equities18.4%
    Taiwanese Equities17.1%
    Hong Kong Equities13.7%
    Australian Equities10.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.8%5.1%24.5%22.7%26.3%50.8%
Sector-3.3%-0.2%18.3%25.2%28.4%47.2%
Rank within sector13 / 2272 / 2259 / 224165 / 222116 / 20978 / 190
Quartile1st1st1st3rd3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund24.6%-4.7%6.6%4%20.9%
Sector23.8%-3.6%8.3%0.7%16.6%
Rank within sector116 / 222125 / 220134 / 20927 / 20614 / 190
Quartile3rd3rd3rd1st1st
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.
-1.21
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.
1.09
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.
0.3
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%.
16.41
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.
5.13
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.
0.91
Price movement
52 week high264.57
52 week low180.71
Current bid price254.33
Current offer price254.33
Current mid price-
Region
1China22.14%
2Korea18.42%
3Taiwan17.06%
4Hong Kong13.69%
5Australia10.23%
6India5.13%
7Singapore4.63%
8UK3.19%
9Philippines2.05%
Industry sector
1Information Technology29.71%
2Financials26.33%
3Industrials11.46%
4Materials8.92%
5Utilities6.16%
6Consumer Discretionary6.09%
7Telecommunications4.28%
8Energy3.11%
9Consumer Staples1.72%
Asset type
1Chinese Equities22.14%
2South Korean Equities18.42%
3Taiwanese Equities17.06%
4Hong Kong Equities13.69%
5Australian Equities10.23%
6Indian Equities5.13%
7Singapore Equities4.63%
8UK Equities3.19%
9Philippine Equities2.05%
Individual holdings
1SAMSUNG ELECTRONICS CO4.96%
2TAIWAN SEMICONDUCTOR CO4.78%
3BAIDU INC3.32%
4CK HUTCHISON HLDGS LTD3.24%
5SHINHAN FINANCIAL GROUP3.18%
6DBS GROUP HLDGS LTD2.93%
7QBE INSURANCE GROUP2.6%
8AIA GROUP LTD2.54%
9SK HYNIX INC2.45%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The fund invests in shares of companies throughout Asia (excluding Japan), or companies that conduct the majority of their business activities in these countries, with the aim of generating long-term capital growth. Portfolio construction is based on in-depth analysis of companies. The fund manager focuses on firms that are run for the benefit of their shareholders and whose long-term potential to generate returns, he thinks, is not fully appreciated by other investors.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Matthew Vaight29/02/2008Matthew Vaight joined M&G’s UK equity desk in 1996. He is a member of the M&G Equities team and is manager of the M&G Asian Fund and the M&G Global Emerging Markets Fund. Matthew graduated from Oxford University with a first class honours degree in mathematics. He is a member of the UK Society of Investment Professionals (UKSIP).
Alice de Charmoy01/03/2015Alice de Charmoy was appointed deputy fund manager of the M&G Asian Fund and the M&G Global Emerging Markets Fund in March 2015, having spent nearly two years as a dedicated analyst for the funds. She joined M&G in June 2013 from Comgest in Hong Kong, where she was an analyst focusing on Asian companies. Prior to that, Alice worked for Amiral Gestion as a global equities analyst. She graduated in 2005 from Université Paris Dauphine with a Masters degree in banking and finance. Alice is also a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G M&G Asian Pn G25
Initial charge-
Annual charge1.44%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.44%
Bid price254.33
Offer price254.33
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL294
Data provided by

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