Fact sheet: L&G Old Mutual Corp Bond Pn

Fund information
Fund name
L&G Old Mutual Corporate Bond Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Lloyd Harrissince 01/12/2015
Underlying fund
Old Mutual Corporate Bond
Fund objective
The fund aims to maximise total return through investment in a diversified portfolio of fixed interest and other debt securities.
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
1 Year rank in sector
PN Sterling Corporate Bond
Fund size
£2m (£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.
Bid price
Offer price
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP16.7%
OMW IPL L&G AAA CrpBdOv15YIx Pn16.5%
AEGON Long Core Plus Pn16.4%
L&G PMC AAAAAA CpBd Ov15Y Id Pn14.9%
FL TEActv Bln Bd IE14.7%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK48.3%
  • Investment Grade Corporate Bonds76.5%
    Money Market17.8%
    High Yield Bond1.9%
    Fixed Interest0.2%
  • UK Fixed Interest48.3%
    US Fixed Interest14.4%
    Global Fixed Interest4.6%
    European Fixed Interest4.5%
    Australian Fixed Interest4.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Rank within sector262 / 264208 / 267189 / 266133 / 265191 / 23692 / 219
Calendar performance
 YTD - 20172016201520142013
Rank within sector138 / 266148 / 262237 / 248190 / 23653 / 227
Risk statistics
?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 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.
?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 (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.
?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 high169.35
52 week low151.37
Current bid price166.08
Current offer price166.08
Current mid price-
Industry sector
1Investment Grade Corporate Bonds76.53%
2Money Market17.8%
4High Yield Bond1.89%
5Fixed Interest0.16%
Asset type
1UK Fixed Interest48.35%
2US Fixed Interest14.42%
3Global Fixed Interest4.57%
4European Fixed Interest4.52%
5Australian Fixed Interest4.46%
6Japanese Fixed Interest2.99%
7French Fixed Interest2.73%
8Swedish Fixed Interest2.68%
9Spanish Fixed Interest2.45%
Individual holdings
1TREASURY 1.5% GILT 22/07/47 GBP11.5%
2JPMORGAN CHASE & CO 2.273440 24/10/20231.2%
3TRANSPORT FOR LONDON 2.125% NTS 24/04/25 GBP1000001.2%
4TREASURY 4.5% GILT 7/9/2034 GBP0.011.2%
5BANK OF NOVA SCOTIA 0.75% CVD BDS 14/09/21 GBP1000001.1%
6EUROPEAN INVESTMENT BANK 3.875% BDS 08/06/37 GBP10001.1%
7EXPERIAN FINANCE PLC 3.5% BDS 15/10/21 GBP1000001.1%
8LLOYDS BANK PLC 6.000000 08/02/20291.1%
9METRO. LIFE GBL. FUNDING 2.75% 23/11/20221.1%
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The fund aims to maximise total return through investment in a diversified portfolio of fixed interest and other debt securities.
No data available.
Investment style
No data available.
Investment method
No data available.
Fund managers
Lloyd Harris01/12/2015Lloyd Harris, Senior Credit Analyst, joined OMGI in January 2012 as a senior credit analyst focusing on the financial sector. He was previously at Cutwater Asset Management (2007- 2011), initially as an asset-backed CP/ MTN trader, then as a European financials credit analyst. Prior to this, he worked in structured capital markets at Deutsche Bank (2002-2007), after completing the firm’s graduate training program. Lloyd graduated from University of Bristol with a BA (Hons) in Electronics and Telecommunications Engineering (2001), and is a part-qualified management accountant.
No data available.
No data available.
Fund for sale in
United Kingdom
L&G Old Mutual Corporate Bond Pn G25
Initial charge-
Annual charge1.11%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.11%
Bid price166.08
Offer price166.08
Mid price-
Price updated24/04/2017
Institutional or retail classRetail
Citi codeL334
Data provided by

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