Fact sheet: L&G Overseas Bond Index PMC Pn

Fund information
Fund name
L&G Overseas Bond Index PMC Pn G17
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Tim Beavensince 02/04/2007
No data available.
Fund objective
To track the sterling total returns of the JP Morgan Global Government (excluding UK) Traded Bond Index (including re-invested income) to within +/- 0.50% per annum for two years in three.
Benchmark
  • JPM Global Government Bond (ex UK) Idx
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
13.7%
1 Year rank in sector
-
Sector
PN Global Fixed Interest
Yield
-
Fund size
£13m (£8m 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.
108
Bid price
227.4
Offer price
227.4
Top in this sector
Fund name1 Year
Baillie Gifford Emerg Mrkts Bd Pn29.5%
Scot Eq AegonIntcEgMtsLclCrDtPn26.4%
Scot Eq Broker AMR Managed Pn23.5%
OMW M&G Glbl Government Bond22.8%
RLPPC Enhanced IL Pn21.3%
...more in PN Global Fixed Interest

Performance snapshot

Holdings snapshot

  • North America46.3%
    Europe ex UK30%
    Japan23.8%
    Australasia1.7%
    Money Market-1.7%
  • Government Bonds101.3%
    Others0.4%
    Cash & Cash Equivalents-1.7%
  • North American Fixed Interest46.3%
    Europe ex UK Fixed Interest30%
    Japanese Fixed Interest23.8%
    Asia Pacific Fixed Interest1.7%
    Money Market-1.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.6%-1.3%-3%13.7%32.3%23.3%
Sector0.2%0.7%-1.6%10.6%19.9%20.3%
Rank within sector------
Quartile
Calendar performance
 YTD - 20172016201520142013
Fund-0.9%24%2.2%6.5%-6.8%
Sector0.1%14.1%-0.3%6.1%-3.6%
Rank within sector-----
Quartile
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.
-0.92
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.
1.75
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.
0.52
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%.
11.21
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.
6.07
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.
0.52
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.
0.85
Price movement
52 week high246.6
52 week low199.3
Current bid price227.4
Current offer price227.4
Current mid price-
Region
1North America46.25%
2Europe ex UK30.01%
3Japan23.81%
4Australasia1.65%
5Money Market-1.72%
Industry sector
1Government Bonds101.28%
2Others0.44%
3Cash & Cash Equivalents-1.72%
Asset type
1North American Fixed Interest46.25%
2Europe ex UK Fixed Interest30.01%
3Japanese Fixed Interest23.81%
4Asia Pacific Fixed Interest1.65%
5Money Market-1.72%
Individual holdings
1UNITED STATES OF AMER TREAS NOTES 1.625% NTS 30/06/19 USD10000.66%
2UNITED STATES OF AMER TREAS NOTES 1.5% TB 31/08/18 USD100 P-20180.63%
3USA (GOVT) 3.5 15/05/20 (S1)0.57%
4UNITED STATES OF AMER TREAS NOTES 2.25% BDS 15/11/25 USD1000.56%
5USA (GOVT) 1.625 15/05/260.5%
6UNITED STATES OF AMER TREAS NOTES 0.75% NTS 31/03/18 USD10000.49%
7UNITED STATES OF AMER TREAS NOTES 2.625% TB 15/08/20 USD10000.47%
8UNITED STATES OF AMER TREAS NOTES 1.125% BDS 31/08/21 USD1000.46%
9FRANCE(GOVT OF) 3.5% BDS 25/04/26 EUR10.45%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To track the sterling total returns of the JP Morgan Global Government (excluding UK) Traded Bond Index (including re-invested income) to within +/- 0.50% per annum for two years in three.
Benchmark
  • JPM Global Government Bond (ex UK) Idx
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Tim Beaven02/04/2007Tim is a Fund Manager, Index Funds within the bond team and is responsible for the All Stocks Gilt Index Trust and Linked Pension over 15 year Gilt Index Fund. He joined Legal & General in 1980 and has over 30 years’ experience covering all aspects of cash and fixed interest securities management. He joined the Index Funds department in 2001 to focus on non-sterling based index funds. Prior to 2001, he was a member of the active bonds team where he had overall responsibility for LGIM’s non-sterling active government bond portfolios in addition to managing a range of UK bond portfolios.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Overseas Bond Index PMC Pn 3
Initial charge-
Annual charge0.15%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.15%
Bid price225.4
Offer price225.4
Mid price-
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDG4
L&G Overseas Bond Index PMC 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 price227.4
Offer price227.4
Mid price-
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEKA3
L&G Overseas Bond Index PMC Pn G25
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price2230.3
Offer price2230.3
Mid price-
CurrencyGBX
Price updated20/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAME5
Data provided by

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You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.