Fact sheet: L&G Mixed Investment 0-35%

Fund information
Fund name
L&G Mixed Investment 0-35% I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund managers
  • Martin Dietzsince 08/06/2014
  • Chris Teschmachersince 18/09/2016
  • Justin Onuekwusisince 08/06/2014
  • Bruce Whitesince 08/06/2014
Fund objective
The objective of this fund is to provide growth of capital abovethe Bank of England base interest rate over rolling three yearperiods.There is no guarantee that the manager will outperform theBank of England’s base interest rate in any period and capitalinvested in the fund is at risk.The fund will invest between 80% and 100% in a broad rangeof UK and overseas company shares, bonds (a type of loanwhich pays interest) and cash. The fund will invest up to 35%in company shares.Normally investments in these assets will be made by holdingat least 60% in other authorised investment funds, includingfunds from Legal & General, but at times the fund could hold:• up to 100% in other funds; or• up to 100% directly in the assets; or• up to 100% in cash or cash like investments.The bonds that the fund invests 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 thathave been given a credit rating by a rating agency. Creditratings give an indication of how likely it is that the issuer ofa bond will be able to pay back interest and the loan on time.The bonds that the fund invests in may be issued bycompanies or governments.The fund may use derivatives (contracts which have a valuelinked to the price of another asset) for the following purposes:• To help with efficient day to day management.• To reduce some of the risks of the market.The fund may also invest in other transferable securities andother funds.Your units will be accumulation units. Income frominvestments held by the fund (dividends) will be reinvestedinto the value of your units.You can buy or sell units in this fund on any working day. Youneed to contact us with your instruction before 3.00pm. Thisis the time we calculate unit prices for this fund. If you contactus after 3.00pm, the units will be bought or sold at the nextworking day's price.This fund may not be appropriate for investors who plan towithdraw their money within five years.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Quick stats
1 Year return
8.8%
1 Year rank in sector
18/75
Sector
UT Mixed Investment 0%-35% Shares
Yield
2.3%
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.
0.47%
Fund size
£836m (£720m 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.
35
Top in this sector
Fund name1 Year
BlackRock NURS II Consensus 3515.7%
SVS TPI Cautious 315.1%
Old Mutual Cirilium Cons12.2%
SJP Strategic Income11.9%
7IM AAP Income10.7%
...more in UT Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • No data available.
  • No data available.
  • Global Fixed Interest44.6%
    Global Developed Markets Government Fixed Interest15.3%
    Global Developed Equities13.8%
    UK Equities10.9%
    Global Index Linked9.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.1%-2.5%3.6%8.8%17.3%33.3%
Sector-0.8%-1.3%4.1%6.3%13.1%25.3%
Rank within sector75 / 8371 / 8351 / 8218 / 7517 / 5812 / 41
Quartile4th4th3rd1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund8.9%-5.4%8.9%6.9%
Sector6.6%0.3%5.2%4.2%6.3%
Rank within sector20 / 7548 / 6127 / 586 / 5127 / 43
Quartile2nd4th2nd1st3rd
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.
0.61
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.
1.1
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.
0.32
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%.
4.61
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.
1.48
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.
0.67
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 high172.3
52 week low150.2
Current bid price-
Current offer price-
Current mid price167.3
Region
No data available.
Industry sector
No data available.
Asset type
1Global Fixed Interest44.56%
2Global Developed Markets Government Fixed Interest15.28%
3Global Developed Equities13.81%
4UK Equities10.9%
5Global Index Linked9.93%
6Property Shares3.52%
7Global Emerging Market Equities1.52%
8Money Market0.48%
Individual holdings
1LGIM GLOBAL CORPORATE BOND B GBP14.6%
2L&G (N) TRACKER TRUST I INC10.6%
3L&G FIXED INTEREST TRUST I INC8.52%
4L&G GLOBAL INFLATION LINKED BOND INDEX L INC7.58%
5L&G ALL STOCKS GILT INDEX TRUST I INC7.36%
6L&G HIGH INCOME TRUST I INC6.51%
7L&G EMERGING MARKETS GOVERNMENT BOND (US$) INDEX L INC6.07%
8L&G US INDEX TRUST I INC4.88%
9L&G STERLING CORPORATE BOND INDEX L INC3.69%
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 of capital abovethe Bank of England base interest rate over rolling three yearperiods.There is no guarantee that the manager will outperform theBank of England’s base interest rate in any period and capitalinvested in the fund is at risk.The fund will invest between 80% and 100% in a broad rangeof UK and overseas company shares, bonds (a type of loanwhich pays interest) and cash. The fund will invest up to 35%in company shares.Normally investments in these assets will be made by holdingat least 60% in other authorised investment funds, includingfunds from Legal & General, but at times the fund could hold:• up to 100% in other funds; or• up to 100% directly in the assets; or• up to 100% in cash or cash like investments.The bonds that the fund invests 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 thathave been given a credit rating by a rating agency. Creditratings give an indication of how likely it is that the issuer ofa bond will be able to pay back interest and the loan on time.The bonds that the fund invests in may be issued bycompanies or governments.The fund may use derivatives (contracts which have a valuelinked to the price of another asset) for the following purposes:• To help with efficient day to day management.• To reduce some of the risks of the market.The fund may also invest in other transferable securities andother funds.Your units will be accumulation units. Income frominvestments held by the fund (dividends) will be reinvestedinto the value of your units.You can buy or sell units in this fund on any working day. Youneed to contact us with your instruction before 3.00pm. Thisis the time we calculate unit prices for this fund. If you contactus after 3.00pm, the units will be bought or sold at the nextworking day's price.This fund may not be appropriate for investors who plan towithdraw their money within five years.
Benchmark
  • No Specified Index
Investment style
Cautious
Investment method
None
Fund managers
NameSinceBiography
Martin Dietz08/06/2014Martin is a fund manager in LGIM's Multi-Asset Funds team and responsible for the development of medium and long-term investment strategy. Prior to joining LGIM in September 2012, Martin was a senior investment consultant at Towers Watson where he was a member of its Global Investment Committee and UK Portfolio Construction Group, providing asset class views and dynamic asset allocation for consulting and fiduciary clients. Martin previously worked as a manager at Ernst & Young in its Financial Services Risk Management. He has a PhD (summa cum laude) in economics and finance from the University of St Gallen, graduated from the doctoral programme of the Swiss National Bank at Gerzensee and was a visiting PhD student in economics at UC Berkeley
Chris Teschmacher18/09/2016Chris is a fund manager within LGIM’s Multi Asset Funds team with responsibilities in portfolio management and on-going development across the multi-asset product range. Chris joined LGIM in 2015 from HSBC Global Asset Management where he had spent over 6 years, most recently in the multi asset team covering capabilities including risk-targeted multi asset, multi-asset income and global tactical asset allocation. Chris has also worked on the emerging market debt team at HSBC in New York as a product specialist. Chris is a CFA Charterholder and holds the Investment Management Certificate. He graduated from Bristol University in 2008 with honours having studied economics and management
Justin Onuekwusi08/06/2014Justin is a fund manager within the Portfolio Strategy team, focusing on the management of the team's retail and risk-profiled multi-asset funds. Prior to joining LGIM in August 2013, Justin was a fund manager with Aviva Investors' multi-asset team combining both strategic and tactical dynamic asset allocation with manager selection in the construction of multi-asset portfolios. He was lead fund manager on a range of risk-targeting multi-asset funds and co-lead fund manager on a number of unit-linked Life and Pension funds, as well as manager of manager offerings. Justin previously worked as a fund research analyst at Merrill Lynch and an investment consultant for Aon Consulting. Justin is a CFA charterholder and holds a degree in economics from the University of Warwick and the Investment Management Certificate
Bruce White08/06/2014Bruce is a fund manager in the Multi-Asset Funds team and leads the Portfolio Strategy team. He joined LGIM in February 2012. Bruce previously worked at Queensland Investment Corporation (QIC) for 12 years, where he was Director of Global Macro with responsibility for around $40 billion of TAA derivative overlays and a stand-alone total return fund to access those strategies directly. While at QIC he also had responsibilities for strategic asset allocation research, currency management and establishing a risk management framework. He has also advised pension funds and the Australian government’s Future Fund on their asset allocation and risk management models. Bruce is a CFA charterholder and graduated from the University of Queensland with a Bachelor of Commerce (hons) and a Bachelor of Economics.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Mixed Investment 0-35% A Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.41%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price159.8
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNS14
L&G Mixed Investment 0-35% B Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISANo
Ongoing charge (OCF)1.21%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price53.61
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeM0NU
L&G Mixed Investment 0-35% C Acc
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.34%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price56.18
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKHOL
L&G Mixed Investment 0-35% C Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKHOK
L&G Mixed Investment 0-35% D Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price55.39
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKHON
L&G Mixed Investment 0-35% D Inc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.96%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price53.58
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeKHOM
L&G Mixed Investment 0-35% F Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)0.58%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price163.2
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI0CC
L&G Mixed Investment 0-35% F Inc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI0CD
L&G Mixed Investment 0-35% I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)0.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price167.3
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGTPU
L&G Mixed Investment 0-35% I Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISAYes
Ongoing charge (OCF)0.47%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price155.2
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGTPV
L&G Mixed Investment 0-35% R Acc
Initial charge3%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.71%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price159.5
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGNQ3
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.