Fact sheet: L&G Newton Intl Bd G17 Pn

Fund information
Fund name
L&G Newton International Bond G17 Pn G17
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Paul Brainsince 01/12/2008
Underlying fund
Newton Internat Bd
Fund objective
To maximise the total return from income and capital growth in the world bond markets through investment predominantly in Government and other public securities.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Quick stats
1 Year return
12.6%
1 Year rank in sector
24/129
Sector
PN Global Fixed Interest
Yield
-
Fund size
£4m (£3m 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.
74
Bid price
2109.1
Offer price
2109.1
Top in this sector
Fund name1 Year
Baillie Gifford Emerg Mrkts Bd Pn24.2%
Scot Eq AegonIntcEgMtsLclCrDtPn21.6%
OMW M&G Glbl Government Bond17.7%
FL GM Overseas Bond Pension17%
Scot Eq Ovrss Crp Bd Trkr Pn16.8%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • USA24.8%
    International7.9%
    UK7.8%
    France6.4%
    Australia5.7%
  • Government Bonds47.8%
    Floating Rate Notes12.8%
    Government Index Linked12.4%
    Government Agency Bonds12.2%
    Government Guaranteed7.3%
  • US Fixed Interest24.8%
    Global Fixed Interest7.9%
    UK Fixed Interest7.8%
    French Fixed Interest6.4%
    Australian Fixed Interest5.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1%0.7%-2.8%12.6%30.5%27.2%
Sector0.7%1.5%-0.7%8.9%19.7%21.5%
Rank within sector49 / 14288 / 14197 / 13824 / 12919 / 10821 / 90
Quartile2nd3rd3rd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund0.4%23.2%1.2%6.4%-7.5%
Sector0.7%14.1%-0.3%6.1%-3.6%
Rank within sector63 / 14117 / 12739 / 11939 / 10777 / 101
Quartile2nd1st2nd2nd4th
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.
-1.39
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.
1.76
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.
0.55
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%.
10.97
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.
5.51
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.
0.55
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 high2256.2
52 week low1833.3
Current bid price2109.1
Current offer price2109.1
Current mid price-
Region
1USA24.78%
2International7.85%
3UK7.81%
4France6.42%
5Australia5.71%
6Italy5.39%
7Germany5%
8Spain5%
9Japan4.52%
Industry sector
1Government Bonds47.83%
2Floating Rate Notes12.84%
3Government Index Linked12.44%
4Government Agency Bonds12.22%
5Government Guaranteed7.3%
6Others4.83%
7Money Market2.54%
Asset type
1US Fixed Interest24.78%
2Global Fixed Interest7.85%
3UK Fixed Interest7.81%
4French Fixed Interest6.42%
5Australian Fixed Interest5.71%
6Italian Fixed Interest5.39%
7German Fixed Interest5%
8Spanish Fixed Interest5%
9Japanese Fixed Interest4.52%
Individual holdings
1USA TREASURY NOTES 1.625% 15/08/2022 USD1007.14%
2USA TREASURY NOTES 0.125% TII 15/04/2020 USD1004.41%
3UNITED STATES OF AMER TREAS BONDS 2.875% BDS 15/05/43 USD10003.64%
4UNITED STATES OF AMER TREAS BONDS 2.375% BDS 15/1/25 USD10002.81%
5INTERAMERICAN DEVELOPMENT BANK FRN 12/09/2018 USD2.24%
6SPAIN(KINGDOM OF) 5.9% BDS 30/07/26 EUR10002.18%
7UNITED STATES OF AMER TREAS BONDS 3% TB 15/11/45 USD1002.16%
8TREASURY 4.25% GILT 7/12/20272.14%
9KOMMUNALBANKEN AS FRN 02/05/2019 USD REGS2.12%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To maximise the total return from income and capital growth in the world bond markets through investment predominantly in Government and other public securities.
Benchmark
No data available.
Investment style
None
Investment method
Fixed Interest
Fund managers
NameSinceBiography
Paul Brain01/12/2008Paul is investment leader of the fixed income team. He joined Newton in 2004, and manages a range of global bond funds. He is also the lead manager of Newton’s Global Dynamic Bond strategy. Paul is chairman of the bond/ FX strategy group, and a member of the global strategy group and the investment committee. Paul has held a number of senior fixed income positions within the industry at MSG & Partners, Investec and Credit Suisse.10 years at Newton and 31 years investment experience
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Newton International Bond G17 Pn G17
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price2109.1
Offer price2109.1
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL660
L&G Newton International Bond G17 Pn G17 Inet
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price1843.4
Offer price1843.4
Mid price-
CurrencyGBX
Price updated23/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL661
Data provided by

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