Fact sheet: L&G MM Grth Trust

Fund information
Fund name
L&G Multi Manager Growth Trust I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund managers
  • Asset Allocation Teamsince 29/06/2014
Fund objective
The objective of this fund is to provide growth.The fund will invest in a wide range of investment funds (including funds which are not authorised for sale in the UK) that hold company shares. It may also invest in funds that hold bonds (a type of loan which pays interest) issued by companies, commercial property and cash. The fund manager will select investment funds that invest across all countries, currencies and sectors.The bonds that these funds invest in may be investment grade (rated as lower risk) or sub-investment grade (rated as higher risk). Investment and sub-investment grade bonds are bonds that have been given a credit rating by a rating agency. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time.The fund may also have a small direct holding in cash, deposits, bonds and company shares.The investment manager will not invest in derivatives (contracts which have a value linked to the price of another asset) without giving investors at least 60 days' notice of its intention to do so.If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • IA Flexible Investment
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
11.6%
1 Year rank in sector
81/224
Sector
UT Flexible Investment
Yield
1.3%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.37%
Fund size
£194m (£199m 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.
76
Bid price
69.78
Offer price
69.89
Top in this sector
Fund name1 Year
M&G Managed Growth27.1%
Margetts Venture Strategy23.7%
MGTS Frontier Adventurs21.7%
CF IM Global Strategy21.5%
The Divsftion ICVC21.1%
...more in UT Flexible Investment

Performance snapshot

Holdings snapshot

  • UK33%
    USA14.9%
    Others13.3%
    Japan5.4%
    Money Market5%
  • Financials15.7%
    Industrials13.1%
    Consumer Services9.3%
    Consumer Goods9.2%
    High Yield Bond9.1%
  • UK Equities30.3%
    European Equities19.5%
    Global Emerging Market Equities12.1%
    Global Corporate Fixed Interest11%
    Japanese Equities11%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%2.5%10.8%11.6%17.6%32.9%
Sector-1.5%1.4%9.8%9.8%18.3%48%
Rank within sector86 / 25361 / 247106 / 24781 / 224116 / 187133 / 159
Quartile2nd1st2nd2nd3rd4th
Calendar performance
 YTD - 20162015201420132012
Fund11.3%1.3%3.5%7.7%5.8%
Sector10.1%2%4.9%14.1%9.7%
Rank within sector99 / 233133 / 210147 / 189148 / 178130 / 161
Quartile2nd3rd4th4th4th
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.
-1.76
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.
0.22
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%.
9.07
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.
2.87
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.
-0.34
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 high71.22
52 week low56.21
Current bid price69.78
Current offer price69.89
Current mid price-
Region
1UK32.96%
2USA14.85%
3Others13.3%
4Japan5.39%
5Money Market4.97%
6India4.27%
7France3.84%
8Germany3.31%
9Switzerland3.3%
Industry sector
1Financials15.66%
2Industrials13.1%
3Consumer Services9.25%
4Consumer Goods9.18%
5High Yield Bond9.08%
6Technology7.34%
7Government Bonds6.67%
8Investment Grade Corporate Bonds6.24%
9Health Care6.09%
Asset type
1UK Equities30.31%
2European Equities19.51%
3Global Emerging Market Equities12.1%
4Global Corporate Fixed Interest10.96%
5Japanese Equities10.96%
6Asia Pacific ex Japan Equities5.68%
7North American Equities4.58%
8Cash & Cash Equivalents3.08%
9UK Corporate Fixed Interest2.02%
Individual holdings
1CDX NA HY 24 V2 05.000 NA 06/20/2020 GOLDMAN SACH FIXED2.72%
2CDX EM 24 V2 01.000 NA 12/20/2020 GSAM FLOAT2.1%
3BP1.4%
4NEW ZEALAND(GOVERNMENT OF) 4.5% BDS 15/04/27 NZD10000001.16%
5ASTRAZENECA PLC1.09%
6HSBC HLDGS1.05%
7GLAXOSMITHKLINE0.99%
8TAIWAN SEMICONDUCTOR MANUFACTURING0.98%
9BARCLAYS PLC0.86%
Management
Fund manager group
Legal & General UT Mgr
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund objective
The objective of this fund is to provide growth.The fund will invest in a wide range of investment funds (including funds which are not authorised for sale in the UK) that hold company shares. It may also invest in funds that hold bonds (a type of loan which pays interest) issued by companies, commercial property and cash. The fund manager will select investment funds that invest across all countries, currencies and sectors.The bonds that these funds invest in may be investment grade (rated as lower risk) or sub-investment grade (rated as higher risk). Investment and sub-investment grade bonds are bonds that have been given a credit rating by a rating agency. Credit ratings give an indication of how likely it is that the issuer of a bond will be able to pay back interest and the loan on time.The fund may also have a small direct holding in cash, deposits, bonds and company shares.The investment manager will not invest in derivatives (contracts which have a value linked to the price of another asset) without giving investors at least 60 days' notice of its intention to do so.If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • IA Flexible Investment
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
Asset Allocation Team29/06/2014The Index Fund management team comprises 29 investment professionals with average industry experience of 14 years. Together they are responsible for a wide range of index funds – covering equities, fixed income and alternative asset classes. The team has £277 billion index assets under management. All data as at 31 December 2015
Compliance
IA Recognised, Non UCITS Retail Scheme
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Multi Manager Growth Trust F Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.76%
Total expense ratio (TER)-
Bid price68.65
Offer price68.77
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5YC
L&G Multi Manager Growth Trust F Inc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.76%
Total expense ratio (TER)-
Bid price65.86
Offer price65.97
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5YD
L&G Multi Manager Growth Trust I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)1.37%
Total expense ratio (TER)-
Bid price69.78
Offer price69.89
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGH7B
L&G Multi Manager Growth Trust I Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)1.37%
Total expense ratio (TER)-
Bid price65.98
Offer price66.09
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGH7C
L&G Multi Manager Growth Trust R Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.76%
Total expense ratio (TER)-
Bid price68.65
Offer price72.2
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBOW0
L&G Multi Manager Growth Trust R Inc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.76%
Total expense ratio (TER)-
Bid price65.9
Offer price69.31
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeBOW1
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.