Fact sheet: L&G StwtInv Ind Subcont Pn

Fund information
Fund name
L&G Stewart Investors Indian Subcontinent Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • David Gaitsince 01/12/2007
  • Sashi Reddysince 01/12/2009
Underlying fund
Stewart Investors IndSbnt
Fund objective
The Fund aims to achieve long-term capital growth. The Fund will comprise investments in a diversified portfolio of companies of the Indian subcontinent. The Fund concentrates on securities that are listed, traded or dealt in on Regulated Markets in the Indian subcontinent and instruments issued by companies established, operating or having a predominant part of their economic activities in the Indian subcontinent and listed on other Regulated Markets. Particular consideration is given to investment in companies that are positioned to benefit from, and contribute to, the sustainable development of the countries in which they operate.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
23.5%
1 Year rank in sector
40/510
Sector
PN Specialist
Yield
-
Fund size
£5m (£6m 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.
125
Bid price
420.92
Offer price
420.92
Top in this sector
Fund name1 Year
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L&G Nep Russia&Gtr Russia Pn38%
SIP Fidelity Gbl Technology Pn34.2%
OMW InvescoPerpetualEmgEurpn33.6%
...more in PN Specialist

Performance snapshot

Holdings snapshot

  • India81.4%
    Sri Lanka7.9%
    Bangladesh5.8%
    Money Market4.9%
  • Financials23.8%
    Consumer Staples18%
    Information Technology11.2%
    Health Care10.4%
    Materials9%
  • Indian Equities81.4%
    Asia Pacific Emerging Equities13.7%
    Money Market4.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-9%-0.8%18.2%23.5%95.6%131.3%
Sector-1.8%-0.3%7.2%8.4%19.9%43%
Rank within sector534 / 546310 / 54436 / 53140 / 5101 / 38617 / 313
Quartile4th3rd1st1st1st1st
Calendar performance
 YTD - 20162015201420132012
Fund20.7%4.8%49.8%2.4%23.8%
Sector8.9%2%7.2%11%7.7%
Rank within sector56 / 51479 / 4501 / 388281 / 3576 / 318
Quartile1st1st1st4th1st
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.
17.13
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.
1.6
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.
1.5
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%.
16.67
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.
14.12
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.
1.44
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.
0.32
Price movement
52 week high463.92
52 week low316.31
Current bid price420.92
Current offer price420.92
Current mid price-
Region
1India81.4%
2Sri Lanka7.9%
3Bangladesh5.8%
4Money Market4.9%
Industry sector
1Financials23.8%
2Consumer Staples18%
3Information Technology11.2%
4Health Care10.4%
5Materials9%
6Consumer Discretionary7.9%
7Industrials5.2%
8Cash & Cash Equivalents4.9%
9Telecommunications Utilities4.7%
Asset type
1Indian Equities81.4%
2Asia Pacific Emerging Equities13.7%
3Money Market4.9%
Individual holdings
1MARICO6.11%
2DR REDDYS LABORATORIES6.02%
3DR REDDYS LABORATORIES6.02%
4KOTAK MAHINDRA BANK5.52%
5KOTAK MAHINDRA BANK5.52%
6TECH MAHINDRA5.47%
7HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED5.24%
8TUBE INVESTMENTS OF INDIA4.74%
9TUBE INVESTMENTS OF INDIA4.74%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The Fund aims to achieve long-term capital growth. The Fund will comprise investments in a diversified portfolio of companies of the Indian subcontinent. The Fund concentrates on securities that are listed, traded or dealt in on Regulated Markets in the Indian subcontinent and instruments issued by companies established, operating or having a predominant part of their economic activities in the Indian subcontinent and listed on other Regulated Markets. Particular consideration is given to investment in companies that are positioned to benefit from, and contribute to, the sustainable development of the countries in which they operate.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
David Gait01/12/2007David is responsible for leading the Stewart Investors Sustainable Funds group and generating investment ideas across all sectors in emerging and developed markets. David Gait joined the company in 1997.David holds an MA with honours in Economics from Cambridge University, and holds a Master of Science in Investment Analysis from Stirling University.
Sashi Reddy01/12/2009Sashi Reddy joined First State Investments’ Global Emerging Markets/ Asia Pacific (ex-Japan) team in July 2008. Sashi is an investment analyst, responsible for providing research support to portfolio managers and will have a main focus on Indian equities. Before joining First State, Sashi worked at Irevna Research, an outsourced Indian equities research house from 2005 to 2007. As an analyst covering the small and mid cap European market at Irevna, he was seconded to Credit Suisse First Boston as an associate. Sashi brings with him six years of industry experience, one year of which was gained at First State in a contract role. Sashi has an engineering degree from the National Institute of Technology, Trichy and an MBA from the Schulich School of Business, York University in Toronto.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Stewart Investors Indian Subcontinent Pn 3
Initial charge-
Annual charge1.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.33%
Bid price433.44
Offer price433.44
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNCU8
L&G Stewart Investors Indian Subcontinent Pn G25
Initial charge-
Annual charge1.82%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.82%
Bid price420.92
Offer price420.92
Mid price-
CurrencyGBX
Price updated01/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL744
Data provided by

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