Fact sheet: L&G Newton Asian Income Pn

Fund information
Fund name
L&G Newton Asian Income Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Caroline Keensince 06/06/2016
  • Rob Marshall-Leesince 06/06/2016
  • Zoe Kansince 06/06/2016
Underlying fund
Newton Asian Income
Fund objective
Income and capital growth over the long-term by investing in shares (i.e. equities) and similar investments of companies listed or located in the Asia Pacific region excluding Japan.
Benchmark
  • FTSE All World Asia - Pacific ex Japan
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
28.9%
1 Year rank in sector
201/223
Sector
PN Asia Pacific Excluding Japan
Yield
-
Fund size
£3m (£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.
105
Bid price
288.05
Offer price
288.05
Top in this sector
Fund name1 Year
SL SLI Indian Eq Midcap Opps Pn69.5%
FL Invesco Perp Asian Pn60.9%
FL GM Asia Pac ExJapan Eq Pn60.3%
LV= Invesco Perp Asian Pn59.4%
FL Invesco Perpetual Asian AP59.2%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • Australia35.8%
    Hong Kong15.9%
    Taiwan13%
    Singapore10.9%
    New Zealand10.2%
  • Financials34.2%
    Telecommunications20.6%
    Industrials18.7%
    Utilities11.2%
    Technology6.7%
  • Australian Equities35.8%
    Hong Kong Equities15.9%
    Taiwanese Equities13%
    Singapore Equities10.9%
    New Zealand Equities10.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.3%5.4%3.5%28.9%37.8%49.3%
Sector3.9%8.6%10.8%40.5%46.7%51.2%
Rank within sector209 / 230220 / 230217 / 224201 / 223178 / 209118 / 194
Quartile4th4th4th4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund5%28.2%-7.9%10.8%-1.6%
Sector7.9%27%-3.6%8.3%0.7%
Rank within sector222 / 230101 / 222186 / 22049 / 209155 / 206
Quartile4th2nd4th1st4th
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.
0.63
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.
0.81
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.
0.62
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%.
12.72
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.
6.24
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.
-0.27
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.
0.81
Price movement
52 week high291.86
52 week low225.2
Current bid price288.05
Current offer price288.05
Current mid price-
Region
1Australia35.84%
2Hong Kong15.85%
3Taiwan13.05%
4Singapore10.94%
5New Zealand10.2%
6Thailand4.3%
7Korea3.15%
8Malaysia2.28%
9Philippines2.03%
Industry sector
1Financials34.15%
2Telecommunications20.57%
3Industrials18.69%
4Utilities11.22%
5Technology6.71%
6Consumer Services4.98%
7Consumer Goods2.45%
8Oil & Gas1.09%
9Money Market0.14%
Asset type
1Australian Equities35.84%
2Hong Kong Equities15.85%
3Taiwanese Equities13.05%
4Singapore Equities10.94%
5New Zealand Equities10.2%
6Thai Equities4.3%
7South Korean Equities3.15%
8Malaysian Equities2.28%
9Philippine Equities2.03%
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING5.81%
2TELSTRA CORP LTD4.98%
3LINK REAL ESTATE INVESTMENT TRUST UNITS4.88%
4INSURANCE AUSTRALIA GROUP4.4%
5SPARK NEW ZEALAND LTD4.4%
6TRANSURBAN GROUP4.37%
7SANDS CHINA LTD4.28%
8TAIWAN MOBILE CO3.79%
9SYDNEY AIRPORT3.74%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
Income and capital growth over the long-term by investing in shares (i.e. equities) and similar investments of companies listed or located in the Asia Pacific region excluding Japan.
Benchmark
  • FTSE All World Asia - Pacific ex Japan
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Caroline Keen06/06/2016Caroline is a portfolio manager in the Emerging and Asian equity team. Caroline joined Newton in 2009, having begun her career at Blackrock within the global consultant relations group. She is the lead manager on the Newton Oriental Fund and BNY Mellon Asian Equity Fund, as well as playing an integral role in the management of the Newton Asian Income Fund.
Rob Marshall-Lee06/06/2016Robert is the investment leader of the emerging market team, and the manager of the Newton Global Emerging Markets Fund. He is also a leader on thematic research. Since joining Newton in 1999, Robert has worked as a global industry analyst specialising in the mining, paper, steel, tobacco and utility sectors, before becoming a fund manager for global and, since early 2011, emerging market funds. Robert began his career at Deloitte & Touche as a supervisor in the financial services practice. He holds the ACA (Chartered Accountant) and ASIP (Investment) qualifications.
Zoe Kan06/06/2016Zoe is a portfolio manager within the Emerging and Asian equity team. Zoe is alternate manager on the Newton Emerging Income Fund and BNY Mellon Emerging Equity Income Fund, as well as playing an integral role in the management of the Newton Asian Income Fund. Zoe joined Newton in 2000 and holds a degree in German and Economics. She is a CFA charterholder. 14 years at Newton and 14 years investment experience
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Newton Asian Income Pn G25
Initial charge-
Annual charge1.28%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price288.05
Offer price288.05
Mid price-
CurrencyGBX
Price updated24/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL751
Data provided by

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