Fact sheet: L&G PMCAAAAAACorpBdAllStksIdxPn

Fund information
Fund name
L&G (PMC) AAA-AA-A Corporate Bond All Stocks Index Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Helen Stuartsince 13/05/2004
No data available.
Fund objective
To track the sterling total returns of the iBoxx £ Non -Gilts (ex-BBB) Index (including re-invested income) to within +/- 0.50% per annum for two years in three.
Benchmark
  • iBoxx £ Non-Gilts ex BBB All Stocks Index
Investment style
Passive/Tracking
Investment method
Fixed Interest
Quick stats
1 Year return
8.2%
1 Year rank in sector
109/260
Sector
PN Sterling Corporate Bond
Yield
-
Fund size
£232m (£183m 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.
53
Bid price
1996
Offer price
1996
Top in this sector
Fund name1 Year
L&G PMC AAAAAA CpBd Ov15Y Id Pn14.7%
MetLife Fid Corp Bd 20yr Pn14.6%
OMW IPL L&G AAA CrpBdOv15YIx Pn14.2%
BlackRock DC AqOv 15 YCrp BdIx HP14.1%
FL M&G All Stocks Corp Bd Pn13.5%
...more in PN Sterling Corporate Bond

Performance snapshot

Holdings snapshot

  • UK42.4%
    Europe ex UK38.7%
    North America12%
    Australasia2.4%
    Others2.3%
  • Investment Grade Corporate Bonds77%
    Government Bonds21.7%
    Others0.5%
    High Yield Bond0.4%
    Cash & Cash Equivalents0.4%
  • UK Fixed Interest42.4%
    Europe ex UK Fixed Interest38.7%
    North American Fixed Interest12%
    Asia Pacific Fixed Interest2.7%
    Global Fixed Interest2.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.6%-0.8%-1.2%8.2%22.3%34.6%
Sector1.6%-0.8%0.1%8.1%18.9%37.5%
Rank within sector113 / 264153 / 265250 / 265109 / 26039 / 235159 / 211
Quartile2nd3rd4th2nd1st4th
Calendar performance
 YTD - 20172016201520142013
Fund-0.9%11.4%-0.4%12.1%0%
Sector-0.3%9.4%0.2%10.5%1%
Rank within sector254 / 26528 / 260192 / 24636 / 235177 / 226
Quartile4th1st4th1st4th
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.
0.48
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.
1.07
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.
0.67
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%.
6.01
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.
1.91
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.
0.46
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 high2110.4
52 week low1828.2
Current bid price1996
Current offer price1996
Current mid price-
Region
1UK42.37%
2Europe ex UK38.72%
3North America11.97%
4Australasia2.41%
5Others2.27%
6Central & S America0.69%
7Japan0.58%
8Emerging Asia0.39%
9Middle East/ Africa0.31%
Industry sector
1Investment Grade Corporate Bonds77.04%
2Government Bonds21.68%
3Others0.45%
4High Yield Bond0.43%
5Cash & Cash Equivalents0.4%
Asset type
1UK Fixed Interest42.37%
2Europe ex UK Fixed Interest38.72%
3North American Fixed Interest11.97%
4Asia Pacific Fixed Interest2.66%
5Global Fixed Interest2.27%
6American Emerging Fixed Interest0.69%
7Japanese Fixed Interest0.58%
8Asia Pacific Emerging Fixed Interest0.39%
9Middle East & African Fixed Interest0.31%
Individual holdings
1EUROPEAN INVESTMENT BANK 1.5% BDS 01/02/19 EUR10001.51%
2KREDITANSTALT FUER WIEDERAUFBAU KFW 6% BDS 7/12/2028 GBP10001.17%
3EUROPEAN INVESTMENT BANK 1.375% BDS 15/01/18 GBP1000001.03%
4EUROPEAN INVESTMENT BANK 6% BDS 7/12/2028 GBP10000.86%
5KREDITANSTALT FUER WIEDERAUFBAU KFW 5.55% BDS 7/6/2021 GBP10000.84%
6EUROPEAN INVESTMENT BANK 5.625% BDS 7/6/2032 GBP10000.82%
7PFIZER INC 6.5% BDS 03/06/38 GBP500000.65%
8KREDITANSTALT FUER WIEDERAUFBAU KFW 1.125% NTS 23/12/19 GBP10000.63%
9KREDITANSTALT FUER WIEDERAUFBAU KFW 5.75% BDS 7/6/2032 GBP10000.63%
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) Index (including re-invested income) to within +/- 0.50% per annum for two years in three.
Benchmark
  • iBoxx £ Non-Gilts ex BBB All Stocks Index
Investment style
Passive/Tracking
Investment method
Fixed Interest
Fund manager
NameSinceBiography
Helen Stuart13/05/2004Helen 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
FE Passive Rateable
Domicile
No data available.
Fund for sale in
United Kingdom
L&G (PMC) AAA-AA-A Corporate Bond All Stocks 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 price202.1
Offer price202.1
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDE7
L&G (PMC) AAA-AA-A Corporate Bond All Stocks 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 price203.5
Offer price203.5
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEJY3
L&G (PMC) AAA-AA-A Corporate Bond All Stocks 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 price1996
Offer price1996
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAME1
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.