Fact sheet: L&G Stan Life UK Eq HiInc Pn

Fund information
Fund name
L&G Standard Life UK Equity High Income Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Karen Robertsonsince 01/07/1995
Underlying fund
Stan Life Inv UKEqHiInc
Fund objective
The fund aims to provide income and some capital growth over the longer term by investing in UK equities. The fund typically holds a concentrated portfolio of stocks and may also hold a proportion in government, corporate and other bonds to supplement the income of the fund. The fund is actively managed by our investment team, who will select stocks to try to take advantage of opportunities they have identified. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of assets held within the fund may rise and fall as a result of exchange rate fluctuations.
Benchmark
  • IA UK Equity Income
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
11.6%
1 Year rank in sector
204/223
Sector
PN UK Equity Income
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.
100
Bid price
183.56
Offer price
183.56
Top in this sector
Fund name1 Year
OMW IPLM&GGlLePn32.9%
OMW UBS UK Equity Income32.3%
OMW IPLMaUkEqPn25.1%
FL Schroder Inc AP24.2%
Pru Schroder Income Pn23.2%
...more in PN UK Equity Income

Performance snapshot

Holdings snapshot

  • UK98.7%
    Money Market1.3%
  • Financials22.9%
    Consumer Services19.7%
    Consumer Goods12.3%
    Oil & Gas9.4%
    Basic Materials9.2%
  • UK Equities98.7%
    Money Market1.3%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2%5.5%9.4%11.6%19%57.8%
Sector0.9%3.7%6.5%16.7%24%60.5%
Rank within sector18 / 22915 / 22931 / 227204 / 223178 / 203130 / 191
Quartile1st1st1st4th4th3rd
Calendar performance
 YTD - 20172016201520142013
Fund5.1%0.8%8.3%4.2%26.5%
Sector3.4%11.5%3.9%3.7%23.2%
Rank within sector23 / 229221 / 22337 / 21889 / 20351 / 195
Quartile1st4th1st2nd2nd
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.
-1.8
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.
1.04
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%.
11.23
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.
6.54
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.
-0.27
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.
0.67
Price movement
52 week high185.69
52 week low145.58
Current bid price183.56
Current offer price183.56
Current mid price-
Region
1UK98.7%
2Money Market1.3%
Industry sector
1Financials22.9%
2Consumer Services19.7%
3Consumer Goods12.3%
4Oil & Gas9.4%
5Basic Materials9.2%
6Industrials7.2%
7Utilities6.6%
8Health Care5.7%
9Telecommunications4.8%
Asset type
1UK Equities98.7%
2Money Market1.3%
Individual holdings
1HSBC HOLDINGS PLC6.3%
2BP PLC4.5%
3ROYAL DUTCH SHELL4.4%
4GLENCORE PLC3.6%
5GLAXOSMITHKLINE PLC3.4%
6RIO TINTO PLC3.4%
7VODAFONE GROUP3.2%
8IMPERIAL BRANDS PLC2.9%
9AVIVA PLC2.7%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The fund aims to provide income and some capital growth over the longer term by investing in UK equities. The fund typically holds a concentrated portfolio of stocks and may also hold a proportion in government, corporate and other bonds to supplement the income of the fund. The fund is actively managed by our investment team, who will select stocks to try to take advantage of opportunities they have identified. Past performance is not a guide to future returns and future returns are not guaranteed. The price of assets and the income from them may go down as well as up and cannot be guaranteed; an investor may receive back less than their original investment. The fund may use derivatives to reduce risk or cost, or to generate additional capital or income at low risk. Usage of derivatives is monitored to ensure that the fund is not exposed to excessive or unintended risks. The value of assets held within the fund may rise and fall as a result of exchange rate fluctuations.
Benchmark
  • IA UK Equity Income
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Karen Robertson01/07/1995Karen graduated in Economics from the University of Strathclyde in 1990, and joined Standard Life as a UK Investment Analyst in the same year. She qualified as an Associate of the Institute of Investment Management and Research in 1993 and was appointed Senior Investment Analyst in 1994.Karen began managing our UK Equity High Income Fund in 1995, and has managed our UK Equity Growth Fund since May 2004.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Standard Life UK Equity High Income Pn G25
Initial charge-
Annual charge0.86%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.86%
Bid price183.56
Offer price183.56
Mid price-
CurrencyGBX
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL360
Data provided by

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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.