Fact sheet: L&G UK Select Equity

Fund information
Fund name
L&G UK Select Equity I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund managers
  • Alex Breesesince 30/06/2013
Fund objective
The objective of this fund is to provide growth.The fund will typically invest between 90% and 100% in company shares. It may also invest in other investment funds.The fund will invest in a broad range of UK company shares. The fund may also hold investments which invest in, or derive income from, overseas operations.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
9.5%
1 Year rank in sector
36/277
Sector
UT UK All Companies
Yield
2.7%
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.
0.78%
Fund size
£462m (£439m 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.
90
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry43.6%
Schroder Recovery19%
UBS UK Opportunities19%
Charity Equity17.9%
R&M UK Equity Long Term Recovery16.9%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK99.2%
    USA0.4%
    Money Market0.2%
    Not Specified0.1%
    Australia0.1%
  • Financials22.2%
    Industrials17.4%
    Consumer Services13.4%
    Health Care11.9%
    Oil & Gas11.5%
  • UK Equities99.2%
    North American Equities0.3%
    Cash & Cash Equivalents0.2%
    Australian Equities0.1%
    Property0.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.7%-0.1%10.5%9.5%19%64.8%
Sector-1.1%-1.2%5.9%4.5%13%57.4%
Rank within sector157 / 28484 / 28326 / 28036 / 27774 / 263109 / 250
Quartile3rd2nd1st1st2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund11.4%2.5%0.9%26.3%15.2%
Sector5.5%3.7%0.6%25.7%14.8%
Rank within sector32 / 278156 / 269123 / 264122 / 257115 / 251
Quartile1st3rd2nd2nd2nd
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.
1.71
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.
0.96
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.
0.29
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%.
9.74
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.
3.59
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.
0.41
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.
0.87
Price movement
52 week high338.1
52 week low259.4
Current bid price-
Current offer price-
Current mid price323
Region
1UK99.23%
2USA0.36%
3Money Market0.15%
4Not Specified0.1%
5Australia0.09%
6Israel0.03%
7Germany0.02%
8Others0.02%
Industry sector
1Financials22.24%
2Industrials17.42%
3Consumer Services13.4%
4Health Care11.89%
5Oil & Gas11.46%
6Consumer Goods10.81%
7Telecommunications5.23%
8Technology3%
9Utilities2.9%
Asset type
1UK Equities99.24%
2North American Equities0.32%
3Cash & Cash Equivalents0.15%
4Australian Equities0.09%
5Property0.08%
6Europe ex UK Equities0.05%
7Others0.05%
8Middle East & African Equities0.02%
Individual holdings
1ROYAL DUTCH SHELL5.75%
2BP5.64%
3BRITISH AMERICAN TOBACCO5.26%
4GLAXOSMITHKLINE5.25%
5HSBC HLDGS4.22%
6ASTRAZENECA PLC3.76%
7VODAFONE GROUP3.29%
8RELX NV3.11%
9RENTOKIL INITIAL3.05%
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. It may also invest in other investment funds.The fund will invest in a broad range of UK company shares. The fund may also hold investments which invest in, or derive income from, overseas operations.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 managers
NameSinceBiography
Alex Breese30/06/2013Alex Breese Joined Schroders in July 2013 to take over management of the Schroder UK Equity Fund and Schroder ISF UK Equity. Joined Neptune in May 2005 as an Investment Analyst and became Fund Manager of the Neptune UK Special Situations Fund at the end of 2006, and Assistant Fund Manager on the Neptune Income Fund and the Neptune Quarterly Income Fund. Head of UK Equities and an Investment Director. Prior to joining Neptune, Alex gained nearly three years’ experience as an engineering consultant First class honours in Mechanical Engineering, CFA charterholder.
Compliance
IA Recognised, UCITS IV Compliant
Domicile
No data available.
Fund for sale in
United Kingdom
L&G UK Select Equity A Acc
Initial charge-
Annual charge-
Min single investment£20
Min regular saving£20
Available in ISAYes
Ongoing charge (OCF)1.37%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price311.6
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNK02
L&G UK Select Equity F Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.17%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price315.3
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeI0CE
L&G UK Select Equity F Inc
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
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeI0CF
L&G UK Select Equity I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price323
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGTPY
L&G UK Select Equity I Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.78%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price289.1
CurrencyGBX
Price updated02/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeGTPZ
L&G UK Select Equity L Acc
Initial charge-
Annual charge-
Min single investment£100,000
Min regular saving£20,000
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 codeE4RU
L&G UK Select Equity R Acc
Initial charge5%
Annual charge-
Min single investment£20
Min regular saving£20
Available in ISAYes
Ongoing charge (OCF)1.67%
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price311
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEQE3
Data provided by

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