Fact sheet: L&G UK Alpha Trust

Fund information
Fund name
L&G UK Alpha Trust I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund manager
  • Richard Pennysince 01/05/2005
Accolades
 Winner - UK All Companies
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
Growth
Investment method
Shares
Quick stats
1 Year return
20.5%
1 Year rank in sector
31/271
Sector
UT UK All Companies
Yield
0.1%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
0.88%
Fund size
£178m (£161m 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.
88
Bid price
190.8
Offer price
197.5
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry34.3%
Old Mutual Equity 131.8%
Old Mutual UK Mid Cap31.2%
MI Chelverton UK Equ Grth29.6%
Blackrock Inst Eq UK Sm Cos28.5%
...more in UT 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%

Fund also available on these pension platforms:

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.3%8.4%14.5%20.5%14.3%68.3%
Sector-1.3%2.7%6.3%15.2%21.9%60.4%
Rank within sector33 / 27916 / 27915 / 27531 / 271234 / 257106 / 242
Quartile1st1st1st1st4th2nd
Calendar performance
 YTD - 20172016201520142013
Fund15.4%10.2%-6.7%-0.9%43.4%
Sector3.9%11.2%3.7%0.6%25.7%
Rank within sector1 / 277155 / 269256 / 260202 / 2559 / 248
Quartile1st3rd4th4th1st
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.
-2.76
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.
0.92
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%.
12.82
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.
9.67
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.
0.42
Price movement
52 week high192.7
52 week low149.3
Current bid price190.8
Current offer price197.5
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 UT Mgr
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit 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
Growth
Investment method
Shares
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
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
L&G UK Alpha Trust F Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.27%
Total expense ratio (TER)-
Bid price186.3
Offer price192.9
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5XF
L&G UK Alpha Trust I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.88%
Total expense ratio (TER)-
Bid price190.8
Offer price197.5
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAOI0
L&G UK Alpha Trust L Acc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price-
CurrencyGBX
Price updated01/01/1900
TypeAccumulation
Institutional or retail classInstitutional
Domicile-
Citi codeN0CZ
L&G UK Alpha Trust R Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.77%
Total expense ratio (TER)-
Bid price175.6
Offer price190.9
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeLT34
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.