Fact sheet: L&G Threadneedle Gbl Eq&Bd Pn

Fund information
Fund name
L&G Threadneedle Global Equity & Bond Pn 3
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund managers
  • Alex Lylesince 01/04/2008
  • Mark Burgesssince 01/01/2011
Underlying fund
Threadneedle Mgd Eq Focused
Fund objective
To provide a total return by way of capital growth and income. The Fund will invest at least two-thirds of its assets in funds managed or operated by companies in the Threadneedle group. These funds may invest worldwide. The Fund will invest with a focus on funds that invest in company shares, but will also have exposure to fixed income securities. The Fund may also hold cash, near cash and money market instruments. Up to 20% of the value of the Fund may be invested in funds that invest in derivatives for purposes other than Efficient Portfolio Management.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
15.1%
1 Year rank in sector
659/863
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£3m (£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.
67
Bid price
206.37
Offer price
206.37
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn32.1%
Scot Eq Sequel Adven Jrny Pn29%
Scot Eq Sequel Adventurous Pn28.9%
FL My Ftr Advantage Gth Pn28.7%
FL My Ftr Adv Gth XE/IE Pn28.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK40.1%
    North America14.1%
    Europe ex UK13.7%
    International13.6%
    Money Market7.3%
  • Equities72.4%
    Fixed Interest19.2%
    Money Market7.3%
    Others1.1%
  • UK Equities28.3%
    North American Equities14.1%
    Europe ex UK Equities13.7%
    UK Fixed Interest11.8%
    Global Fixed Interest7.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.5%4.5%5.3%15.1%29.4%57.4%
Sector0.8%3.7%5.4%17%27.1%48.2%
Rank within sector44 / 904174 / 893596 / 892659 / 863275 / 705123 / 612
Quartile1st1st3rd4th2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund3.7%11.5%6.2%6.2%16.4%
Sector3.1%14.3%2.2%5.7%13.1%
Rank within sector219 / 893661 / 79438 / 747197 / 689143 / 662
Quartile1st4th1st2nd1st
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.
0.08
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.
1.08
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.
0.65
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%.
7.82
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.
1.82
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.
0.36
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.
0.95
Price movement
52 week high208.64
52 week low175.88
Current bid price206.37
Current offer price206.37
Current mid price-
Region
1UK40.1%
2North America14.1%
3Europe ex UK13.7%
4International13.6%
5Money Market7.3%
6Far East ex Japan4.9%
7Japan4.5%
8Others1.1%
9Latin America0.7%
Industry sector
1Equities72.4%
2Fixed Interest19.2%
3Money Market7.3%
4Others1.1%
Asset type
1UK Equities28.3%
2North American Equities14.1%
3Europe ex UK Equities13.7%
4UK Fixed Interest11.8%
5Global Fixed Interest7.4%
6Money Market7.3%
7International Equities6.2%
8Asia Pacific ex Japan Equities4.9%
9Japanese Equities4.5%
Individual holdings
1THREADNEEDLE INVESTMENT FUNDS ICVC - AMERICAN FUND ACCUM RETAIL 1 GBP12.2%
2THREADNEEDLE INVESTMENT FUNDS ICVC - UK FUND RETAIL 1 GBP9.1%
3THREADNEEDLE EUROPEAN FUND8.2%
4THREADNEEDLE UK SELECT FUND6.8%
5THREADNEEDLE GLOBAL BOND FUND4.9%
6THREADNEEDLE UK CORPORATE BOND FUND4.6%
7THREADNEEDLE JAPAN FUND4.5%
8THREADNEEDLE UK EQUITY ALPHA INCOME FUND3.3%
9THREADNEEDLE UK GROWTH & INCOME FUND3.2%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To provide a total return by way of capital growth and income. The Fund will invest at least two-thirds of its assets in funds managed or operated by companies in the Threadneedle group. These funds may invest worldwide. The Fund will invest with a focus on funds that invest in company shares, but will also have exposure to fixed income securities. The Fund may also hold cash, near cash and money market instruments. Up to 20% of the value of the Fund may be invested in funds that invest in derivatives for purposes other than Efficient Portfolio Management.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Alex Lyle01/04/2008Alex Lyle is Threadneedle’s Head of Managed Funds. In 1980, he joined Hambros Bank’s unit trust division, which was acquired by Allied Dunbar in 1981 and subsequently became part of Threadneedle Investments in 1994. He managed UK equity portfolios for more than 20 years. He was appointed joint head of Threadneedle’s Pan European equity team in December 1999 and then Head of Managed funds in May 2003. In this role he takes responsibility for a large number of our managed funds, is a member of the asset allocation committee and is a key investment contact between Threadneedle and some of our major clients.
Mark Burgess01/01/2011Mark is Chief Investment Officer, EMEA and Global Head of Equities. In his role he is responsible for the investment performance for all EMEA investment strategies and for equities globally. He chairs the company’s Asset Management Committee and is a statutory Board member. He joined the company in November 2010. Prior to joining the company Mark was Head of Equities at Legal and General Investment Management. Before joining LGIM, Mark held senior roles at Morgan Grenfell Asset Management and Deutsche Asset Management. He gained a degree in Economics and Philosophy from Keele University and is an associate of the Institute of Investment Management and Research. He is a Director of the Investor Forum and a trustee of two charities, Access Sport and LIFEbeat.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G Threadneedle Global Equity & Bond Pn 3
Initial charge-
Annual charge0.77%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.98%
Bid price206.37
Offer price206.37
Mid price-
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDD9
L&G Threadneedle Global Equity & Bond Pn G25
Initial charge-
Annual charge1.55%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.44%
Bid price199.23
Offer price199.23
Mid price-
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeL368
Data provided by

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