Fact sheet: L&G Pre Retm PMC Pn

Fund information
Fund name
L&G Pre Retirement PMC Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Graham Molessince 01/03/2015
No data available.
Fund objective
The Fund aims to provide diversified exposure to sterling assets that reflect the broad characteristics of investments underlying the pricing of a typical non-inflation linked annuity product.
Benchmark
  • ABI UK Sterling Long Bond
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
11.8%
1 Year rank in sector
77/117
Sector
PN Sterling Long Bonds
Yield
-
Fund size
£250m (£170m 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.
73
Bid price
2310.8
Offer price
2310.8
Top in this sector
Fund name1 Year
Ignis Standard Lg Gilt Pn28%
Stan Life L&G Ov15Yr IL GltIdx Pn22.5%
Pru Sup Lg Idx Lkd Pn18.2%
M&G PP Super Long Index Linked Pn18.1%
M&G PP Long Dated Corporate Bond Pn15.7%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

  • UK64.6%
    Europe ex UK20.3%
    North America9.7%
    Others2.3%
    Australasia1.3%
  • Investment Grade Corporate Bonds59.9%
    Government Bonds37.9%
    Fixed Interest1.9%
    High Yield Bond0.5%
    Others0%
  • UK Fixed Interest61.8%
    UK Gilts37.9%
    UK Corporate Fixed Interest0.5%
    Money Market-0.2%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%-8.1%3.8%11.8%31.9%48.4%
Sector-2.5%-9.9%4%12.6%38.3%47%
Rank within sector15 / 11717 / 11933 / 11877 / 11785 / 10534 / 92
Quartile1st1st2nd3rd4th2nd
Calendar performance
 YTD - 20162015201420132012
Fund12.7%-0.1%17.9%-2.5%9.6%
Sector14.3%0%21.3%-4.3%6.5%
Rank within sector89 / 11851 / 11082 / 10532 / 10024 / 92
Quartile4th2nd4th2nd2nd
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.
-0.4
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.
0.87
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.
0.58
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%.
9.71
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.
2.21
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.
-0.76
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.
0.97
Price movement
52 week high2567.4
52 week low2050.2
Current bid price2310.8
Current offer price2310.8
Current mid price-
Region
1UK64.55%
2Europe ex UK20.26%
3North America9.7%
4Others2.34%
5Australasia1.28%
6Central & S America1.1%
7Japan0.63%
8Asia0.21%
9Middle East/ Africa0.08%
Industry sector
1Investment Grade Corporate Bonds59.88%
2Government Bonds37.89%
3Fixed Interest1.94%
4High Yield Bond0.51%
5Others0.02%
6Cash & Cash Equivalents-0.24%
Asset type
1UK Fixed Interest61.84%
2UK Gilts37.89%
3UK Corporate Fixed Interest0.51%
4Money Market-0.24%
Individual holdings
1TREASURY 4.75% GILT 20207.08%
2TREASURY 4.5% GILT 7/12/42 GBP6.52%
3TREASURY 4.5% GILT 7/9/2034 GBP0.013.57%
4TREASURY 4.25% GILT 07/12/49 GBP0.013.35%
5TREASURY 4.25% GILT 7/12/462.98%
6TREASURY 4.75% GILT 07/12/38 GBP1.47%
7PFIZER INC 6.5% BDS 03/06/38 GBP500001.04%
8EUROPEAN INVESTMENT BANK 5.625% BDS 7/6/2032 GBP10000.8%
9GDF SUEZ 5% BDS 01/OCT/2060 GBP500000.77%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The Fund aims to provide diversified exposure to sterling assets that reflect the broad characteristics of investments underlying the pricing of a typical non-inflation linked annuity product.
Benchmark
  • ABI UK Sterling Long Bond
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Graham Moles01/03/2015Graham was appointed Head of Portfolio Solutions in March 2015. He has particular expertise in risk management, derivatives, insurance investment and project management. His main focus is on the management of a range of pooled funds and bespoke client portfolios for DB and DC pension scheme clients. Graham joined LGIM in 2007, originally working in the Derivative Trade Support team and moving to the Solutions Group in 2009. He is a graduate of the University of Southampton where he obtained an honours degree in management and accounting.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Pre Retirement PMC 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 price233.9
Offer price233.9
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDG6
L&G Pre Retirement 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 price235.6
Offer price235.6
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEKA5
L&G Pre Retirement 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 price2310.8
Offer price2310.8
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAME8
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.