Fact sheet: L&G Schroder Dyn Mul Ass Pn

Fund information
Fund name
L&G Schroder Dynamic Multi Asset Pn 3
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Remi Olu Pitansince 01/05/2008
  • Johanna Kyrklundsince 01/05/2008
Underlying fund
Schroder Dyn Mlt Ast
Fund objective
The fund's investment objective is to deliver positive returns over a market cycle based on long-term capital growth and income through investment in collective investment schemes as well as directly held transferable securities, derivatives, cash, deposits, warrants and money market instruments. The fund may gain exposure to alternative asset classes including but not limited to property, commodities, hedge funds and private equity directly where permitted or through investment in transferable securities and other permitted assets which themselves invest in these asset classes.
Benchmark
  • UK CPI + 4%
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
3.2%
1 Year rank in sector
353/514
Sector
PN Specialist
Yield
-
Fund size
£1m (£1m 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.
45
Bid price
148.97
Offer price
148.97
Top in this sector
Fund name1 Year
OMW Neptune Rus + Grtr Rus43.4%
ReAssure AL NptRu&GtrRus Pn42.9%
L&G Nep Russia&Gtr Russia Pn42.6%
Scot Eq JPM Emg Eur Eq Pn40.7%
OMW InvescoPerpetualEmgEurpn38.9%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • No data available.
  • Equities46.8%
    Hedge11.2%
    Investment Grade Bonds8.6%
    Debt8%
    High Yield Bond6.3%
  • Others60.3%
    Alternative Investment Strategies18.7%
    International Equities18.5%
    Global Fixed Interest17.8%
    Money Market-15.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.8%-0%3.6%3.2%13%29.9%
Sector-0.2%-0.6%6.2%8.8%20.9%41.2%
Rank within sector117 / 546237 / 545308 / 531353 / 514260 / 386196 / 317
Quartile1st2nd3rd3rd3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund3.4%0.1%6.9%10.2%6.6%
Sector8.7%2%7.2%11%7.7%
Rank within sector336 / 514319 / 450151 / 388147 / 357210 / 318
Quartile3rd3rd2nd2nd3rd
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.
-2.05
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.
0.95
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.
0.05
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%.
6.31
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.
2.78
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.
-0.85
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.
0.81
Price movement
52 week high150.68
52 week low134.7
Current bid price148.97
Current offer price148.97
Current mid price-
Region
No data available.
Industry sector
1Equities46.8%
2Hedge11.2%
3Investment Grade Bonds8.6%
4Debt8%
5High Yield Bond6.3%
6Index Linked6.2%
7Commodity & Energy5.8%
8Government Bonds3.3%
9Money Market2.3%
Asset type
1Others60.32%
2Alternative Investment Strategies18.66%
3International Equities18.53%
4Global Fixed Interest17.78%
5Money Market-15.29%
Individual holdings
1SCHRODER UNIT TRUST LTD ADVANCED BETA GLOBAL EQ VALUE FD I ACC9.94%
2SCHRODER STERLING LIQUIDITY PLUS I ACC9.08%
3SCHRODER QEP GLOBAL CORE INST ACC8.95%
4SCHRODER ISF GLOBAL CORPORATE BOND I ACC NAV USD8.67%
5SCHRODER OFFSHORE CASH A8.62%
6SSGA SPDR BARCLAYS EMERGING MARKETS LOCAL BOND UCITS ETF USD8.04%
7SSGA SPDR BARCLAYS EMERGING MARKETS LOCAL BOND UCITS ETF USD8.04%
8SCHRODER ISF GLOBAL HIGH YIELD I HEDGED ACC NAV GBP6.28%
9TREASURY 0% TSY BILL 20/03/17 GBP14.87%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The fund's investment objective is to deliver positive returns over a market cycle based on long-term capital growth and income through investment in collective investment schemes as well as directly held transferable securities, derivatives, cash, deposits, warrants and money market instruments. The fund may gain exposure to alternative asset classes including but not limited to property, commodities, hedge funds and private equity directly where permitted or through investment in transferable securities and other permitted assets which themselves invest in these asset classes.
Benchmark
  • UK CPI + 4%
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Remi Olu Pitan01/05/2008Remi Ajewole is Fund Manager of UK Multi Asset portfolios including the Dynamic Multi-Asset Fund. She is a member of the Strategic Investment Group Multi-Asset (SIGMA), specializing in Equity and Volatility research. Her investment career commenced in 2006 upon joining Schroders. She is a Chartered Financial Analyst. She holds a Master's degree in Statistics from the London School of Economics and a Bachelor's degree in Business Finance, Durham University.
Johanna Kyrklund01/05/2008Johanna joined Schroders in 2007 and is responsible for investment on behalf of all UK, European and US Multi-Asset clients, is a member of Global Asset Allocation Committee, and is lead fund manager of the Schroder Diversified Growth funds. From 2005 she worked at Insight Investment where she managed an unconstrained global macro absolute return fund. From 1997 to 2005 she worked at Deutsche Asset Management where she was Head of Asset Allocation in the UK and fund manager of the Deutsche tactical asset allocation fund. Johanna has a BA in Philosophy, Politics & Economics from Oxford University and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Schroder Dynamic Multi Asset Pn 3
Initial charge-
Annual charge0.72%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.92%
Bid price148.97
Offer price148.97
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMPO6
L&G Schroder Dynamic Multi Asset Pn G25
Initial charge-
Annual charge1.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.2%
Bid price146.51
Offer price146.51
Mid price-
CurrencyGBX
Price updated07/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeCLP5
Data provided by

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