Fact sheet: L&G Schroder Global Eq Inc Pn

Fund information
Fund name
L&G Schroder Global Equity Income Pn 3
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Ian Kellysince 29/11/2013
Underlying fund
Schroder Global Equity Income
Fund objective
The fund's investment objective is to provide income and capital growth for investors over the long term primarily through investment in equity and equity related securities of companies worldwide which offer attractive yields and sustainable dividend payments. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • MSCI World
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
28.3%
1 Year rank in sector
29/961
Sector
PN Global Equities
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.
105
Bid price
204.61
Offer price
204.61
Top in this sector
Fund name1 Year
AXA Wealth Sch ISF Gbl Recv Pn34.5%
OMW IPL M&G Global Dividend Pn32.2%
LV= M&G Global Div Pn32.2%
Aviva M&G Global Div Pn31.4%
Stan Life M&G Global Dividend Pn31.2%
...more in PN Global Equities

Performance snapshot

Holdings snapshot

  • USA42.8%
    UK16%
    France6.2%
    Hong Kong4.6%
    Belgium4.4%
  • Financials27.1%
    Consumer Discretionary20.9%
    Information Technology20.7%
    Industrials7.8%
    Utilities7.8%
  • US Equities42.8%
    UK Equities16%
    French Equities6.2%
    Hong Kong Equities4.6%
    Belgian Equities4.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.7%9.7%26.8%28.3%47.9%106.9%
Sector-1.9%2.7%15.4%17.8%32.6%78.7%
Rank within sector43 / 10395 / 10351 / 102529 / 96171 / 84863 / 745
Quartile1st1st1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund28.7%-0.5%14.9%16.7%15.8%
Sector17.7%3.7%7.8%21.4%11.2%
Rank within sector24 / 963821 / 92129 / 849708 / 82062 / 752
Quartile1st4th1st4th1st
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.
1.02
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.
1.18
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.
0.79
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%.
12.56
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.
4.48
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.
0.6
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.
0.89
Price movement
52 week high205.62
52 week low143.72
Current bid price204.61
Current offer price204.61
Current mid price-
Region
1USA42.79%
2UK15.99%
3France6.17%
4Hong Kong4.56%
5Belgium4.38%
6Japan3.38%
7Korea3.3%
8Finland2.6%
9Money Market2.4%
Industry sector
1Financials27.05%
2Consumer Discretionary20.93%
3Information Technology20.72%
4Industrials7.84%
5Utilities7.82%
6Consumer Staples4.05%
7Energy3.91%
8Money Market2.4%
9Real Estate2.28%
Asset type
1US Equities42.79%
2UK Equities15.99%
3French Equities6.17%
4Hong Kong Equities4.56%
5Belgian Equities4.38%
6Japanese Equities3.38%
7South Korean Equities3.3%
8Finnish Equities2.6%
9Money Market2.4%
Individual holdings
1CISCO SYSTEMS INC4.6%
2AGEAS4.38%
3JPMORGAN CHASE & CO4.12%
4TESCO4.05%
5INTEL CORP4.04%
6HSBC HLDGS3.94%
7AMERICAN INTERNATIONAL GROUP INC3.36%
8SAMSUNG ELECTRONICS CO3.3%
9CENTRICA PLC2.9%
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 provide income and capital growth for investors over the long term primarily through investment in equity and equity related securities of companies worldwide which offer attractive yields and sustainable dividend payments. Investment will be in directly held transferable securities. The fund may also invest in collective investment schemes, warrants and money market instruments.
Benchmark
  • MSCI World
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Ian Kelly29/11/2013Ian joined Schroders in 2007 as an equity analyst and now manages the Schroder ISF European Equity Yield, Schroder Global Equity Income Fund and Schroder ISF Global Equity Yield. Ian completed a PhD in Biophysics at Newcastle University and a Masters degree in Investment Management at Cass Business School, London. He is also a Chartered Financial Analyst (CFA) charter holder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Schroder Global Equity Income Pn 3
Initial charge-
Annual charge0.87%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.06%
Bid price204.61
Offer price204.61
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDC4
L&G Schroder Global Equity Income Pn G25
Initial charge-
Annual charge1.45%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.45%
Bid price200.12
Offer price200.12
Mid price-
CurrencyGBX
Price updated01/12/2016
Type-
Institutional or retail classRetail
Domicile-
Citi codeALL0
Data provided by

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