Fact sheet: L&G Multi-Index Income 4

Fund information
Fund name
L&G Multi-Index Income 4 I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund manager
No data available.
Fund objective
The objective of this fund is to provide a combination of income and capital growth and to keep the fund within a pre-determined risk profile. While this will be the Fund’s focus, it will have a bias towards investments that pay a higher income. The fund’s potential gains and losses are likely to be limited by the objective to stay within its particular risk profile.The target risk profile for the fund is set by an external agency, Distribution Technology, and is based on the historic return and volatility of different asset types. We use our experience and research, together with research and asset allocation guidelines from Distribution Technology, to restrict the types of assets held and the allocation of each asset type to keep the fund within the target risk profile. At least 75% of the fund will be invested in other authorised investment funds. Between 50% and 100% of the funds invested in will be index-tracking and operated by Legal & General.The fund will have exposure to company and government bonds (a type of loan that pays interest), cash, company shares and property. The fund will have a bias towards bonds. 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 use derivatives (contracts which have a value linked 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 have indirect exposure to money market instruments (a form of loan that pays interest and is designed to have a stable value), bank deposits and alternative asset classes such as commodities. Distribution Technology has set risk profiles from 1 to 10, with 10 being the highest risk. This fund aims to stay within risk profile 4.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Quick stats
1 Year return
7.9%
1 Year rank in sector
83/204
Sector
UT Mixed Investment 20%-60% Shares
Yield
3.2%
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.
0.35%
Fund size
£16m (£6m last year)
Bid price
53.82
Offer price
54.21
Top in this sector
Fund name1 Year
S&W The Magpie18.8%
AXA Global Distribution17.8%
SVS TPI Balanced 216.3%
S&W Wessex15.2%
HSBC Open Global Return14.7%
...more in UT Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK39.7%
    International21.3%
    Global Emerging Markets13.7%
    Not Specified8%
    Europe ex UK6.7%
  • No data available.
  • UK Corporate Fixed Interest22.3%
    Global Emerging Market Fixed Interest12.1%
    UK Equities11%
    Global Corporate Fixed Interest10.2%
    UK Property7.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.8%-2.2%5.2%7.9%--
Sector-1.7%-0.6%6.3%7.1%14.8%35.7%
Rank within sector193 / 214179 / 213139 / 21083 / 204--
Quartile4th4th3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund9%----
Sector7.6%1.2%5%9%8%
Rank within sector72 / 204----
Quartile2nd
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 high55.88
52 week low47.76
Current bid price53.82
Current offer price54.21
Current mid price-
Region
1UK39.66%
2International21.34%
3Global Emerging Markets13.67%
4Not Specified8.03%
5Europe ex UK6.73%
6Money Market3.42%
7North America3.16%
8Asia Pacific ex Japan3.03%
9Japan0.96%
Industry sector
No data available.
Asset type
1UK Corporate Fixed Interest22.28%
2Global Emerging Market Fixed Interest12.08%
3UK Equities10.98%
4Global Corporate Fixed Interest10.16%
5UK Property7.93%
6Global High Yield Fixed Interest7.63%
7Europe ex UK Equities6.47%
8Money Market5.07%
9UK Gilts4.46%
Individual holdings
No data available.
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 a combination of income and capital growth and to keep the fund within a pre-determined risk profile. While this will be the Fund’s focus, it will have a bias towards investments that pay a higher income. The fund’s potential gains and losses are likely to be limited by the objective to stay within its particular risk profile.The target risk profile for the fund is set by an external agency, Distribution Technology, and is based on the historic return and volatility of different asset types. We use our experience and research, together with research and asset allocation guidelines from Distribution Technology, to restrict the types of assets held and the allocation of each asset type to keep the fund within the target risk profile. At least 75% of the fund will be invested in other authorised investment funds. Between 50% and 100% of the funds invested in will be index-tracking and operated by Legal & General.The fund will have exposure to company and government bonds (a type of loan that pays interest), cash, company shares and property. The fund will have a bias towards bonds. 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 use derivatives (contracts which have a value linked 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 have indirect exposure to money market instruments (a form of loan that pays interest and is designed to have a stable value), bank deposits and alternative asset classes such as commodities. Distribution Technology has set risk profiles from 1 to 10, with 10 being the highest risk. This fund aims to stay within risk profile 4.
Benchmark
No data available.
Investment style
Balanced
Investment method
None
Fund manager
No data available.
Compliance
IA Recognised, Non UCITS Retail Scheme, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Multi-Index Income 4 C Acc
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.28%
Total expense ratio (TER)-
Bid price53.86
Offer price54.24
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMQFU
L&G Multi-Index Income 4 C Inc
Initial charge-
Annual charge-
Min single investment£100,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.28%
Total expense ratio (TER)-
Bid price52.17
Offer price52.54
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMQFT
L&G Multi-Index Income 4 I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)-
Bid price53.82
Offer price54.21
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMQFY
L&G Multi-Index Income 4 I Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£20,000
Available in ISANo
Ongoing charge (OCF)0.35%
Total expense ratio (TER)-
Bid price52.13
Offer price52.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeMQFX
L&G Multi-Index Income 4 L Inc
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)0.1%
Total expense ratio (TER)-
Bid price52.26
Offer price52.63
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeIncome
Institutional or retail classInstitutional
Domicile-
Citi codeMQFZ
Data provided by

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