Fact sheet: L&G Schroder Recovery Pn

Fund information
Fund name
L&G Schroder Recovery Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Kevin Murphysince 20/07/2006
  • Nick Kirragesince 20/07/2006
Underlying fund
Schroder Recovery
Fund objective
The scheme's investment objective is to achieve capital growth for investors through investment in companies that have suffered a setback. The scheme invests primarily in UK quoted shares. The investments are selected from those companies that have suffered a setback in terms of profits or share prices, but where the management and the prospects are believed to be good. The fund may also invest in collective investment schemes, derivatives, warrants and money market instruments.
Benchmark
  • FTSE All Share Total Return Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
37.6%
1 Year rank in sector
10/845
Sector
PN UK All Companies
Yield
-
Fund size
£1m (£2m 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.
112
Bid price
263.21
Offer price
263.21
Top in this sector
Fund name1 Year
Stan Life SLI UK Eq Rcvry Pn71.5%
Fidelity UBS UK Select Pn45.1%
Halifax IM UK Growth Pn44.9%
CM UBS UK Opportunities Pension44.6%
SW UBS UK Opps Pn44%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK77%
    USA13.9%
    Money Market3.9%
    Australia3.4%
    Not Specified0.4%
  • Financials30.6%
    Consumer Services24.7%
    Basic Materials8.8%
    Technology7.7%
    Oil & Gas7.3%
  • UK Equities77%
    US Equities13.9%
    Money Market3.9%
    Australian Equities3.4%
    Alternative Investment Strategies0.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund3.9%11.4%15.7%37.6%13.4%112.9%
Sector3.9%4.5%11%20.2%16.3%65.4%
Rank within sector501 / 86912 / 865127 / 86310 / 845566 / 80824 / 762
Quartile3rd1st1st1st3rd1st
Calendar performance
 YTD - 20172016201520142013
Fund2.5%28%-12.6%1.9%43.3%
Sector2.4%10.2%4.4%0.6%24.2%
Rank within sector402 / 8698 / 845831 / 832237 / 80711 / 786
Quartile2nd1st4th2nd1st
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.
-0.28
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.
0.99
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.
0.08
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%.
11.93
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.
6.79
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.
-0.08
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.
0.68
Price movement
52 week high263.2
52 week low183.33
Current bid price263.21
Current offer price263.21
Current mid price-
Region
1UK77.04%
2USA13.92%
3Money Market3.9%
4Australia3.41%
5Not Specified0.43%
6China0.24%
7France0.21%
8Greece0.19%
9Italy0.15%
Industry sector
1Financials30.56%
2Consumer Services24.72%
3Basic Materials8.82%
4Technology7.67%
5Oil & Gas7.34%
6Utilities7.33%
7Health Care5.49%
8Money Market3.9%
9Industrials2.39%
Asset type
1UK Equities77.04%
2US Equities13.92%
3Money Market3.9%
4Australian Equities3.41%
5Alternative Investment Strategies0.43%
6Chinese Equities0.24%
7French Equities0.21%
8Greek Equities0.19%
9Italian Equities0.15%
Individual holdings
1HSBC HLDGS5.57%
2ROYAL BANK OF SCOTLAND GROUP PLC5.25%
3BARCLAYS PLC5.2%
4BP4.84%
5APOLLO EDUCATION GROUP INC4.64%
6CENTRICA PLC4.6%
7PEARSON3.95%
8TP ICAP PLC3.84%
9DRAX GROUP3.83%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The scheme's investment objective is to achieve capital growth for investors through investment in companies that have suffered a setback. The scheme invests primarily in UK quoted shares. The investments are selected from those companies that have suffered a setback in terms of profits or share prices, but where the management and the prospects are believed to be good. The fund may also invest in collective investment schemes, derivatives, warrants and money market instruments.
Benchmark
  • FTSE All Share Total Return Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Kevin Murphy20/07/2006Kevin Murphy, CFA is a Specialist Value UK Equity Fund Manager with 13 years investment experience. Previously he was a sector analyst for Pan European Construction and Building Materials. His Investment career commenced in 2000 at Schroders. He is a Chartered Financial Analyst and he holds a Degree in Economics from Manchester University.
Nick Kirrage20/07/2006Nick Kirrage, CFA is a Specialist Value UK Equity Fund Manager with 12 years investment experience. Previously a sector analyst responsible for a number of UK sectors including Transport and Metals & Mining. His investment career commenced in 2001 at Schroders. He is a Chartered Financial Analyst and holds a Degree in Aeronautical Engineering, Bristol University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Schroder Recovery Pn G25
Initial charge-
Annual charge1.33%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.18%
Bid price263.21
Offer price263.21
Mid price-
CurrencyGBX
Price updated16/01/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL350
Data provided by

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