Fact sheet: L&G PMC AAAAAA CpBd Ov15Y Id Pn

Fund information
Fund name
L&G (PMC) AAA-AA-A Corporate Bond Over 15 Year Index Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Helen Stuartsince 02/04/2007
No data available.
Fund objective
To track the sterling total returns of the iBoxx £ Non -Gilts (ex-BBB) Over 15 Year Index (including reinvested income) to within +/- 0.50% per annum for two years in three.
Benchmark
  • iBoxx £ Non-Gilts (ex-BBB) Over 15 Year Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
16%
1 Year rank in sector
1/262
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£48m (£35m 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.
95
Bid price
2496.7
Offer price
2496.7
Top in this sector
Fund name1 Year
BlackRock DC AqOv 15 YCrp BdIx HP15.3%
L&G PMC AAAAAA CpBd Ov15Y Id Pn14.3%
OMW IPL L&G AAA CrpBdOv15YIx Pn13.8%
Aviva AT SF Corp Bd Pn12.8%
AEGON UK Long Corporate Bond Pn12.2%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK46.7%
    USA12.5%
    France11.7%
    Luxembourg7.1%
    Others6.3%
  • Investment Grade Corporate Bonds75.4%
    Government Bonds14.4%
    High Yield Bond6.7%
    Cash & Cash Equivalents2.6%
    Others1%
  • Global Investment Grade Fixed Interest75.7%
    Global Government Fixed Interest14.4%
    Global High Yield Fixed Interest6.7%
    Cash & Cash Equivalents2.6%
    Others0.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.2%3.2%-2.5%16%38.1%57.2%
Sector0.7%2.3%-0.9%8.3%19.7%36.8%
Rank within sector1 / 26814 / 266255 / 2661 / 2623 / 2363 / 217
Quartile1st1st4th1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2.1%17.1%-0.5%19.3%-0.1%
Sector1.1%9.4%0.2%10.5%1%
Rank within sector9 / 2665 / 262199 / 2474 / 236190 / 227
Quartile1st1st4th1st4th
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.
-1.87
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.
2.12
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%.
12.15
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.
7.18
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.
0.63
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 high2745.3
52 week low2148.9
Current bid price2496.7
Current offer price2496.7
Current mid price-
Region
1UK46.71%
2USA12.46%
3France11.67%
4Luxembourg7.1%
5Others6.28%
6Ireland4.19%
7Netherlands3.53%
8Money Market2.55%
9Germany1.99%
Industry sector
1Investment Grade Corporate Bonds75.4%
2Government Bonds14.39%
3High Yield Bond6.7%
4Cash & Cash Equivalents2.55%
5Others0.96%
Asset type
1Global Investment Grade Fixed Interest75.67%
2Global Government Fixed Interest14.39%
3Global High Yield Fixed Interest6.7%
4Cash & Cash Equivalents2.55%
5Others0.69%
Individual holdings
1NETWRK RAIL INFRA FIN EMTN SEC 4.75% 29/11/20353.22%
2PFIZER INC 6.5% BDS 03/06/38 GBP500002.38%
3ELEC DE FRANCE 6 23/01/14 EMTN1.93%
4ELEC DE FRANCE 6.125 02/06/34EMTN1.92%
5EUROPEAN INVESTMENT BANK 5% BDS 15/4/2039 GBP10001.92%
6ELECTRICITE DE FRANCE 5.50 17/10/411.88%
7GDF SUEZ 5% BDS 01/OCT/2060 GBP500001.72%
8EUROPEAN INVESTMENT BANK 4.625% NTS 12/10/54 GBP10001.47%
9EUROPEAN INVESTMENT BANK 3.875% BDS 08/06/37 GBP10001.45%
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 iBoxx £ Non -Gilts (ex-BBB) Over 15 Year Index (including reinvested income) to within +/- 0.50% per annum for two years in three.
Benchmark
  • iBoxx £ Non-Gilts (ex-BBB) Over 15 Year Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Helen Stuart02/04/2007Helen is a Fund Manager, Index Funds within the bond team. Helen focuses on the UK government and corporate bond funds. Helen joined LGIM in 1985, initially as a Performance Analyst in Managed Funds. She then spent six years in the client administration team before joining Index Funds in 1994. Helen was originally responsible for maintaining the UK equity fund management system and overseeing client portfolio weightings. She then moved into the growing index bond funds area in 1996, becoming a fund manager in 2001. Helen has a first class BSc (Hons) degree in Mathematics from the Open University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G (PMC) AAA-AA-A Corporate Bond Over 15 Year Index Pn 3
Initial charge-
Annual charge0.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.12%
Bid price252.8
Offer price252.8
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDE8
L&G (PMC) AAA-AA-A Corporate Bond Over 15 Year Index 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 price254.6
Offer price254.6
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEJY4
L&G (PMC) AAA-AA-A Corporate Bond Over 15 Year Index 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 price2496.7
Offer price2496.7
Mid price-
CurrencyGBX
Price updated22/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAMC8
Data provided by

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