Fact sheet: L&G UK Alpha Pn

Fund information
Fund name
L&G UK Alpha Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Richard Pennysince 01/05/2005
Underlying fund
L&G UK Alpha Trust
Fund objective
The objective of this fund is to provide growth.The fund will typically invest between 90% and 100% in company shares from a small number of UK companies.The fund will invest in smaller and medium sized companies and also larger sized companies which form part of the FTSE All-Share, Fledgling and Alternative Investment Market (AIM) indices of shares. These indices consist of shares of a variety of UK companies representing all economic sectors.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.The fund may also invest in cash or deposits. Your units will be accumulation units. Income from investments held by the fund (dividends) will be reinvested into the value of your units.You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
24.1%
1 Year rank in sector
23/858
Sector
PN UK All Companies
Yield
-
Fund size
£40m (£32m 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.
89
Bid price
2347.4
Offer price
2347.4
Top in this sector
Fund name1 Year
FL Old Mutual UK Mid Cap Pn32.3%
OMW Old Mutual Equity 131.9%
Stan Life SLI UK Eq Rcvry Pn31.9%
SIP Old Mut UK Mcap Pn31.8%
FL O M UK MC EP31.5%
...more in PN UK All Companies

Performance snapshot

Holdings snapshot

  • UK87.4%
    Israel3.3%
    Finland2.8%
    Money Market2.7%
    Guernsey2%
  • Health Care21.8%
    Technology20.6%
    Industrials17.5%
    Consumer Services12.4%
    Financials7.2%
  • UK Equities79.3%
    US Equities8%
    Israeli Equities6.7%
    Australian Equities2.8%
    Finnish Equities2.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.2%9%17.9%24.1%12.7%64%
Sector-1.5%2.3%5.5%14.2%21.6%57.9%
Rank within sector71 / 88022 / 8772 / 87323 / 858739 / 817256 / 773
Quartile1st1st1st1st4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund15.3%13.5%-9.8%2%41.3%
Sector3.4%10.2%4.4%0.6%24.2%
Rank within sector1 / 875319 / 851835 / 838225 / 81330 / 794
Quartile1st2nd4th2nd1st
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.
-1.52
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.
0.8
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
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%.
12.42
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.
9.87
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.
-0.31
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.
0.37
Price movement
52 week high2370.8
52 week low1782
Current bid price2347.4
Current offer price2347.4
Current mid price-
Region
1UK87.39%
2Israel3.26%
3Finland2.83%
4Money Market2.69%
5Guernsey2.03%
6Jersey1.33%
7Australia0.47%
Industry sector
1Health Care21.76%
2Technology20.64%
3Industrials17.48%
4Consumer Services12.43%
5Financials7.21%
6Utilities5.47%
7Oil & Gas4.16%
8Telecommunications3.8%
9Others3.67%
Asset type
1UK Equities79.25%
2US Equities7.95%
3Israeli Equities6.66%
4Australian Equities2.83%
5Finnish Equities2.56%
6Cash & Cash Equivalents0.75%
Individual holdings
1SMART METERING SYSTEMS PLC6.36%
2FIRST DERIVATIVES PLC6.22%
3MAXCYTE INC4.8%
4MICRO FOCUS INTERNATIONAL4.46%
5PAYSAFE GROUP PLC4.08%
6ZEGONA COMMUNICATIONS PLC3.79%
7KSK POWER VENTUR PLC3.76%
8QUANTUM PHARMA PLC3.7%
9HORIZON DISCOVERY GROUP PLC3.54%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
The objective of this fund is to provide growth.The fund will typically invest between 90% and 100% in company shares from a small number of UK companies.The fund will invest in smaller and medium sized companies and also larger sized companies which form part of the FTSE All-Share, Fledgling and Alternative Investment Market (AIM) indices of shares. These indices consist of shares of a variety of UK companies representing all economic sectors.The fund may use derivatives (contracts which have a value linked to the price of another asset) for the following purposes:•To help with efficient day to day management.•To reduce some of the risks of the market.The fund may also invest in cash or deposits. Your units will be accumulation units. Income from investments held by the fund (dividends) will be reinvested into the value of your units.You can buy or sell units in this fund on any working day. You need to contact us with your instruction before 12 noon. This is the time we calculate unit prices for this fund. If you contact us after 12 noon, the units will be bought or sold at the next working day's price.This fund may not be appropriate for investors who plan to withdraw their money within five years.
Benchmark
  • FTSE All Share TR
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Richard Penny01/05/2005Richard joined LGIM in 2003 and is a Senior Fund Manager within the High Alpha Team and the Manager of the award-winning L&G UK Alpha Trust as well as a number of segregated portfolios. Previously he worked for five years as a Fund Manager for M&G Investment Management and prior to this, for four years as a Fund Manager at Scottish Amicable Investment Management. Richard has a Masters degree in Engineering and Economics from Oxford University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
L&G UK Alpha Pn 3
Initial charge-
Annual charge0.7%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.74%
Bid price2384.1
Offer price2384.1
Mid price-
CurrencyGBX
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDE2
L&G UK Alpha Pn G25
Initial charge-
Annual charge0.95%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.99%
Bid price2347.4
Offer price2347.4
Mid price-
CurrencyGBX
Price updated19/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAUJ2
Data provided by

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