Fact sheet: L&G Schroder Ml Mgr Intl Pn

Fund information
Fund name
L&G Schroder Multi Manager International Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Marcus Brookessince 23/10/2007
  • Robin McDonaldsince 23/10/2007
  • Joe Le Jehansince 23/10/2007
Underlying fund
Schroder MM International
Fund objective
The fund aims to provide capital growth. The fund invests in a diversified portfolio of funds that invest in shares of companies worldwide. The fund may also invest directly in shares and money market instruments and hold cash and foreign currency on deposit. Investments are selected after rigorous assessment of each underlying fund's portfolio, its fund manager's style and how investments are made over the economic cycle. The fund may invest in any geographic region or economic sector. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • FTSE All-World ex UK Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
21.5%
1 Year rank in sector
333/961
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.
81
Bid price
225.5
Offer price
225.5
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

  • International27.7%
    USA21.6%
    Europe ex UK15.2%
    Japan11.9%
    Money Market9.4%
  • No data available.
  • International Equities27.7%
    US Equities21.6%
    Europe ex UK Equities15.2%
    Japanese Equities11.9%
    Money Market9.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.1%3.9%18.5%21.5%38.1%101.3%
Sector-1.9%2.7%15.4%17.8%32.6%78.7%
Rank within sector570 / 1039355 / 1035298 / 1025333 / 961267 / 848117 / 745
Quartile3rd2nd2nd2nd2nd1st
Calendar performance
 YTD - 20162015201420132012
Fund20.9%5.6%7.8%26.8%13%
Sector17.7%3.7%7.8%21.4%11.2%
Rank within sector341 / 963261 / 921406 / 849122 / 820256 / 752
Quartile2nd2nd2nd1st2nd
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.
3.05
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.
0.83
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.
0.92
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%.
9.2
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.
4.28
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.
0.31
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.
0.82
Price movement
52 week high230.46
52 week low170.59
Current bid price225.5
Current offer price225.5
Current mid price-
Region
1International27.72%
2USA21.62%
3Europe ex UK15.22%
4Japan11.91%
5Money Market9.41%
6Asia Pacific ex Japan6.21%
7Global Emerging Markets5.01%
8Not Specified2.9%
Industry sector
No data available.
Asset type
1International Equities27.72%
2US Equities21.62%
3Europe ex UK Equities15.22%
4Japanese Equities11.91%
5Money Market9.41%
6Asia Pacific ex Japan Equities6.21%
7Global Emerging Market Equities5.01%
8Commodity & Energy2.9%
Individual holdings
1GAM GLOBAL DIVERSIFIED INST ACC17.11%
2FINDLAY PARK AMERICAN USD15.57%
3JOHCM GLOBAL OPPORTUNITIES X GBP9.72%
4GLG JAPAN CORE ALPHA D PROFESSIONAL INC8.39%
5INVESCO PERPETUAL EUROPEAN EQUITY NO TRAIL ACC8.33%
6THESIS TM SANDITON EUROPEAN F ACC6.89%
7SCHRODER ISF US DOLLAR LIQUIDITY I ACC NAV USD6.77%
8FIDELITY INDEX US P INC6.09%
9HERMES ASIA EX JAPAN EQUITY F ACC GBP5.17%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The fund aims to provide capital growth. The fund invests in a diversified portfolio of funds that invest in shares of companies worldwide. The fund may also invest directly in shares and money market instruments and hold cash and foreign currency on deposit. Investments are selected after rigorous assessment of each underlying fund's portfolio, its fund manager's style and how investments are made over the economic cycle. The fund may invest in any geographic region or economic sector. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • FTSE All-World ex UK Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Marcus Brookes23/10/2007Marcus Brookes, Head of Multi-Manager, joined Schroders in July 2013 following the acquisition of Cazenove Capital. Previous to the acquisition he was the Head of Multi Manager at Cazenove Capital, which he joined in January 2008. Prior to this Marcus was the Deputy Head of Multi Manager at Gartmore, a position he held from November 2004. Up to this time he spent 3.5 years from May 2001 as the Co-Manager of Multi Manager, at Rothschild Asset Management. Marcus began his career on 28 September 1994 when he joined Friends, Ivory and Sime, where he became the Multi Manager Fund Manager. Marcus qualified from University of Stirling with MSc. Investment Analysis.
Robin McDonald23/10/2007Robin McDonald joined Cazenove in October 2007. He is Co-Manager of Cazenove's Multi-Manager range of funds. Prior to joining Cazenove, Robin worked as an Analyst at Gartmore Investment Management, where his responsibilities included asset allocation, fund selection and portfolio construction. Prior to joining Gartmore, Robin held a similar position at Insight Investment, following its acquisition of Rothschild Asset Management in 2003. Robin is a Director of Cazenove Capital and has 13 years investment experience and is a CFA charterholder.
Joe Le Jehan23/10/2007Joe Le Jehan is a member of the Multi-Manager team. Joe joined from Brewin Dolphin. He graduated from the University of Durham with BA Hons Economics. Joe is a CFA Charterholder and a member of the CFA Society and has 12 years’ investment experience.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Schroder Multi Manager International Pn G25
Initial charge-
Annual charge1.69%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.69%
Bid price225.5
Offer price225.5
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeBLN4
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

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.