Fact sheet: L&G NewtonInsCorpBdPn

Fund information
Fund name
L&G Newton Insight Corporate Bond Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Peter Bentleysince 01/11/2014
  • Adam Mossakowskisince 01/10/2014
Underlying fund
Insight Corp Bd
Fund objective
To generate a total return (being a combination of income and capital growth).
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.1%
1 Year rank in sector
16/265
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£0m (£0m 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.
46
Bid price
170.31
Offer price
170.31
Top in this sector
Fund name1 Year
OMW IPL L&G AAA CrpBdOv15YIx Pn16.4%
AEGON Long Core Plus Pn16.2%
L&G PMC AAAAAA CpBd Ov15Y Id Pn14.7%
AEGON UK Long Corporate Bond Pn14.5%
BlackRock DC AqOv 15 YCrp BdIx HP14.5%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • No data available.
  • Financials26.4%
    Mortgage & Secured Bonds22.3%
    Others14.6%
    Utilities11.3%
    Asset/Mortgage-Backed Securities10.7%
  • UK Fixed Interest96.6%
    Property3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.8%3.6%3.3%12.1%21%38.1%
Sector1.2%3%1.7%9%19.8%38.6%
Rank within sector19 / 26853 / 26711 / 26616 / 26589 / 236111 / 219
Quartile1st1st1st1st2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund3.3%10.6%0.2%8.7%1.3%
Sector2.3%9.4%0.2%10.5%1%
Rank within sector16 / 26660 / 262138 / 248191 / 236106 / 227
Quartile1st1st3rd4th2nd
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.
-0.77
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.
0.46
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%.
6.45
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.
1.93
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.
0.04
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.
0.92
Price movement
52 week high170.93
52 week low151.99
Current bid price170.31
Current offer price170.31
Current mid price-
Region
No data available.
Industry sector
1Financials26.4%
2Mortgage & Secured Bonds22.3%
3Others14.6%
4Utilities11.3%
5Asset/Mortgage-Backed Securities10.7%
6Telecommunications6.8%
7Transport2.8%
8Property2.6%
9Consumer Goods1.5%
Asset type
1UK Fixed Interest96.58%
2Property3.42%
Individual holdings
1ELECTRICITE DE FRANCE SA4.5%
2ENEL SPA2.4%
3SOUTHERN WATER SERVICES2.4%
4AFFINITY SUTTON2.3%
5CARLYLE2.3%
6CITIGROUP2.2%
7CREDIT SUISSE GROUP2.1%
8AA BOND CO LTD2%
9SLM STUDENT LOAN TRUST2%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To generate a total return (being a combination of income and capital growth).
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Peter Bentley01/11/2014Peter joined Insight in January 2008 as Head of UK Credit. Prior to joining Insight, Peter spent four years at Pimco Europe where he was a Senior Vice President portfolio manager responsible for the management and strategy of credit funds. Peter holds a BA honours in Economics and Econometrics from Nottingham University and is an Associate of the CFA Society of the UK.
Adam Mossakowski01/10/2014Adam joined Insight in December 2009 as a UK credit Portfolio Manager. Prior to joining Insight, Adam spent six years at F&C Asset Management managing credit portfolios. Adam began his career at AXA Investment Managers managing credit and government bond portfolios. Adam graduated with a BSc honours degree in Mathematics and Philosophy from the University of Southampton. He holds the Investment Management Certificate from the CFA Society of the UK and is also a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Newton Insight Corporate Bond Pn G25
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.95%
Bid price170.31
Offer price170.31
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL332
Data provided by

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