Fact sheet: L&G M&G Nrth Amer Div Pn

Fund information
Fund name
L&G M&G North American Dividend Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • John Weaverssince 28/04/2015
  • Stuart Rhodessince 28/04/2015
Underlying fund
M&G Nth Am Div
Fund objective
The fund invests in the shares of North American companies with the potential to grow their dividends over the long term. Its aim is to grow distributions over the long term (that is, over five years or more) and deliver capital growth. The level of income may vary over time. The fund manager selects stocks with different drivers of dividend growth to construct a portfolio that has the potential to cope in a variety of market conditions.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
30.5%
1 Year rank in sector
39/315
Sector
PN North America
Yield
-
Fund size
£6m (£4m 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.
120
Bid price
252.38
Offer price
252.38
Top in this sector
Fund name1 Year
FL Schroder US Sm Cos AP34.7%
MetLife Bcmk Thrdnd Am Sel Pn34.1%
MetLife Bcmk Sch US Mid Cap Pn33.9%
Scot Eq UBS US Equity Pn33.5%
MetLife Bcmk Jup Nth Am IncGr Pn33.4%
...more in PN North America

Performance snapshot

Holdings snapshot

  • USA87%
    Canada10%
    Money Market3%
  • Health Care20.2%
    Information Technology19.2%
    Financials13.1%
    Energy11.1%
    Consumer Discretionary10.3%
  • US Equities87%
    Canadian Equities10%
    Money Market3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-5.4%-0.5%7.4%30.5%67%110%
Sector-4.7%-0.6%5.4%25.9%64.5%111%
Rank within sector267 / 321137 / 31940 / 31739 / 315130 / 291162 / 270
Quartile4th2nd1st1st2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund0%38.9%-1.2%18%25.9%
Sector0.2%30.9%4.4%18.7%29.2%
Rank within sector159 / 31941 / 304286 / 299193 / 291255 / 279
Quartile2nd1st4th3rd4th
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.
-0.79
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.
1.22
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%.
13.1
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.
4.23
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.
0.9
Price movement
52 week high270.81
52 week low184.89
Current bid price252.38
Current offer price252.38
Current mid price-
Region
1USA86.97%
2Canada10%
3Money Market3.03%
Industry sector
1Health Care20.16%
2Information Technology19.15%
3Financials13.09%
4Energy11.09%
5Consumer Discretionary10.25%
6Consumer Staples10.09%
7Materials9.8%
8Industrials3.34%
9Money Market3.03%
Asset type
1US Equities86.97%
2Canadian Equities10%
3Money Market3.03%
Individual holdings
1METHANEX CORP7.42%
2REYNOLDS AMERICAN INC5.38%
3UNITEDHEALTH GROUP INC5.25%
4MICROSOFT CORP4.5%
5LAS VEGAS SANDS CORP4.23%
6BROADCOM CORP3.95%
7PEMBINA PIPELINE CORP3.62%
8MEDTRONIC INC3.54%
9FIDELITY NATIONAL INFO SERVICES INC3.51%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The fund invests in the shares of North American companies with the potential to grow their dividends over the long term. Its aim is to grow distributions over the long term (that is, over five years or more) and deliver capital growth. The level of income may vary over time. The fund manager selects stocks with different drivers of dividend growth to construct a portfolio that has the potential to cope in a variety of market conditions.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
John Weavers28/04/2015John Weavers has been the manager of the M&G North American Dividend Fund since April 2015. In January 2016, he was appointed deputy fund manager of the M&G Global Dividend Fund before being joined by Alex Araujo as co-deputy fund manager in April 2016. Prior to April 2015, John was deputy manager of the M&G Pan European Dividend Fund and the M&G Dividend Fund for two years. John joined M&G as a graduate in 2007 and worked as an analyst in the Equity Research team before joining the Income team in January 2012. He graduated from Oxford University with an honours degree in politics, philosophy and economics and is a CFA charterholder.
Stuart Rhodes28/04/2015Stuart Rhodes has been the manager of the M&G Global Dividend Fund since its launch in July 2008. He was appointed deputy manager of the M&G North American Dividend Fund in April 2015. Stuart joined M&G in 2004 as a global equity analyst after graduating from Bath University with a degree in business administration. He is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G M&G North American Dividend Pn 3
Initial charge-
Annual charge0.77%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.93%
Bid price256.05
Offer price256.05
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCY9
L&G M&G North American Dividend Pn G25
Initial charge-
Annual charge1.16%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.16%
Bid price252.38
Offer price252.38
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL748
Data provided by

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