Fact sheet: L&G Schroder UK Sm Co Pn

Fund information
Fund name
L&G Schroder UK Smaller Companies Pn 3
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Andrew Broughsince 01/03/1994
Underlying fund
Schroder UK Smaller Companies
Fund objective
The fund aims to provide capital growth. At least 80% of the fund will be invested in shares of smaller-sized UK companies. The fund has no bias to any particular industry. The companies will be in the bottom 10% by size of the UK market at the time of purchase. The small cap universe is an extensive, diverse and constantly changing area of the UK market. Smaller companies offer investors exposure to some niche growth areas that, often, cannot be accessed through large companies. They also tend to grow more rapidly than larger firms and can go on to become household names. Our investment approach centres on stock selection, which means we focus on each company's ability to create value for shareholders, rather than try to predict what will happen in the wider economic environment. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
20.4%
1 Year rank in sector
36/110
Sector
PN UK Smaller Companies
Yield
-
Fund size
£15m (£3m 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.
107
Bid price
278.4
Offer price
278.4
Top in this sector
Fund name1 Year
Aviva Schrdr UK Dyc Sml Cos Pn28.4%
FL Old Mutual UK Sm Cos Pn27.8%
SIP Old Mut UK Sm Cos Pn26.4%
Stan Life Schr UK Dyn Sm Cos Pn26.3%
Scot Eq Old Mut UK Sm Cos Pn25.9%
...more in PN UK Smaller Companies

Performance snapshot

Holdings snapshot

  • UK95.5%
    Money Market1.9%
    Israel1.3%
    Germany1%
    Jersey0.2%
  • Industrials24.7%
    Consumer Services17.4%
    Technology16%
    Financials15%
    Consumer Goods12.6%
  • UK Equities95.7%
    Money Market1.9%
    Israeli Equities1.3%
    German Equities1%
    Canadian Equities0%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.5%7.4%12.5%20.4%38.4%134.5%
Sector1.7%7.9%10.7%17.4%27.3%97.8%
Rank within sector106 / 11570 / 11534 / 11436 / 11026 / 10514 / 99
Quartile4th3rd2nd2nd1st1st
Calendar performance
 YTD - 20172016201520142013
Fund9.3%10.8%19.8%-2.1%44.5%
Sector6.9%7.1%17.6%-2.3%37.9%
Rank within sector9 / 11532 / 10937 / 10846 / 10526 / 104
Quartile1st2nd2nd2nd1st
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.
1.63
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.
1.12
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.
0.45
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%.
13.74
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.
5.79
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.
0.38
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.
0.83
Price movement
52 week high280.23
52 week low203.45
Current bid price278.4
Current offer price278.4
Current mid price-
Region
1UK95.49%
2Money Market1.9%
3Israel1.34%
4Germany1.02%
5Jersey0.23%
6Canada0.02%
Industry sector
1Industrials24.7%
2Consumer Services17.44%
3Technology15.97%
4Financials14.96%
5Consumer Goods12.55%
6Health Care7.98%
7Basic Materials2.35%
8Oil & Gas2.13%
9Money Market1.9%
Asset type
1UK Equities95.72%
2Money Market1.9%
3Israeli Equities1.34%
4German Equities1.02%
5Canadian Equities0.02%
Individual holdings
1PHOTO-ME INTERNATIONAL2.39%
2DART GROUP PLC2.27%
3LIONTRUST ASSET MANAGEMENT2.23%
4DIALIGHT2.08%
5CONSORT MEDICAL PLC2.07%
6COHORT1.96%
7MYSALE GROUP PLC1.94%
8M J Gleeson1.9%
9AVON RUBBER1.81%
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. At least 80% of the fund will be invested in shares of smaller-sized UK companies. The fund has no bias to any particular industry. The companies will be in the bottom 10% by size of the UK market at the time of purchase. The small cap universe is an extensive, diverse and constantly changing area of the UK market. Smaller companies offer investors exposure to some niche growth areas that, often, cannot be accessed through large companies. They also tend to grow more rapidly than larger firms and can go on to become household names. Our investment approach centres on stock selection, which means we focus on each company's ability to create value for shareholders, rather than try to predict what will happen in the wider economic environment. The fund may also invest in other financial instruments and hold cash on deposit. Derivatives may be used to reduce risk or manage the fund more effectively.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Andrew Brough01/03/1994Andy is Co-Head of our Pan European Small and Mid Cap Team. His investment career commenced in 1987 when he joined Schroders as a UK equity fund manager, becoming Co-Head of our UK Small Cap Team in 2002. He joined Price Waterhouse in 1985, where he qualified as a Chartered Accountant. He holds a Degree in Economics.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Schroder UK Smaller Companies Pn 3
Initial charge-
Annual charge0.62%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.78%
Bid price278.4
Offer price278.4
Mid price-
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDD0
L&G Schroder UK Smaller Companies Pn G25
Initial charge-
Annual charge1.28%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.28%
Bid price270.09
Offer price270.09
Mid price-
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL355
Data provided by

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