Fact sheet: L&G UK Special Sits Trst

Fund information
Fund name
L&G UK Special Situations Trust I Acc
Fund manager company
Legal & General UT Mgr Ltd
Fund type
Unit Trust
Fund managers
  • Richard Pennysince 30/04/2014
Fund objective
The objective of this fund is to provide growth.The fund will typically invest between 80% and 100% in UK company shares.The fund may also invest in company shares from Europe.The fund will invest in companies considered, in the manager's view, to be undervalued by the market.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. If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).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
Concentrated,Value
Investment method
Shares
Quick stats
1 Year return
13.8%
1 Year rank in sector
83/277
Sector
UT UK All Companies
Yield
1.3%
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.
0.94%
Fund size
£253m (£193m 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.
95
Bid price
108.5
Offer price
109.3
Top in this sector
Fund name1 Year
Stan Life Inv UK Eq Recvry52.3%
UBS UK Opportunities31.1%
Schroder Recovery30.1%
Charity Equity28.2%
Schroder Specialist Value UK Equ27.5%
...more in UT UK All Companies

Performance snapshot

Holdings snapshot

  • UK89.3%
    Ireland7.4%
    Money Market3.4%
  • Consumer Services28%
    Health Care15.9%
    Industrials15%
    Financials14.8%
    Oil & Gas7.2%
  • UK Equities89.3%
    Irish Equities7.4%
    Cash & Cash Equivalents3.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.4%-4.5%5.2%13.8%27.7%98.1%
Sector2.4%0.3%7.9%9.5%17%61.6%
Rank within sector266 / 285267 / 283206 / 28183 / 27735 / 26331 / 251
Quartile4th4th3rd2nd1st1st
Calendar performance
 YTD - 20162015201420132012
Fund9.8%15%-2.2%39.7%15.8%
Sector8.2%3.7%0.6%25.7%14.8%
Rank within sector125 / 27820 / 269232 / 26414 / 257103 / 251
Quartile2nd1st4th1st2nd
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.
3.46
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.
1.06
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.
0.41
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%.
12.01
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.
6.56
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.
0.53
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.
0.7
Price movement
52 week high116.5
52 week low85.69
Current bid price108.5
Current offer price109.3
Current mid price-
Region
1UK89.27%
2Ireland7.37%
3Money Market3.36%
Industry sector
1Consumer Services28.02%
2Health Care15.92%
3Industrials15.01%
4Financials14.78%
5Oil & Gas7.21%
6Technology6.64%
7Telecommunications4.06%
8Cash & Cash Equivalents3.36%
9Consumer Goods2.89%
Asset type
1UK Equities89.27%
2Irish Equities7.37%
3Cash & Cash Equivalents3.36%
Individual holdings
1ROYAL DUTCH SHELL4.6%
2ST JAMES`S PLACE PLC4.48%
3MICRO FOCUS INTERNATIONAL4.4%
4GVC HLDGS PLC4.21%
5CARNIVAL4.17%
6SMITH & NEPHEW AG4.07%
7VODAFONE GROUP4.06%
8888 HLDGS4.04%
9PAYSAFE GROUP PLC4%
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 80% and 100% in UK company shares.The fund may also invest in company shares from Europe.The fund will invest in companies considered, in the manager's view, to be undervalued by the market.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. If you hold accumulation units, income from investments held by the fund (dividends) will be reinvested into the value of your units.If you hold distribution units, income from investments held by the fund will be paid out to you (as a dividend).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
Concentrated,Value
Investment method
Shares
Fund managers
NameSinceBiography
Richard Penny30/04/2014Richard 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 Special Situations Trust F Acc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.33%
Total expense ratio (TER)-
Bid price104.4
Offer price105.1
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeG5XK
L&G UK Special Situations Trust F Inc
Initial charge-
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.33%
Total expense ratio (TER)-
Bid price97.47
Offer price98.25
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeG5XL
L&G UK Special Situations Trust I Acc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price108.5
Offer price109.3
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDQA3
L&G UK Special Situations Trust I Inc
Initial charge-
Annual charge-
Min single investment£1,000,000
Min regular saving£0
Available in ISAYes
Ongoing charge (OCF)0.94%
Total expense ratio (TER)-
Bid price96.82
Offer price97.6
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDQA4
L&G UK Special Situations Trust R Acc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.83%
Total expense ratio (TER)-
Bid price101.1
Offer price106.9
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeDQA1
L&G UK Special Situations Trust R Inc
Initial charge5%
Annual charge-
Min single investment£500
Min regular saving£100
Available in ISAYes
Ongoing charge (OCF)1.83%
Total expense ratio (TER)-
Bid price96.09
Offer price101.7
Mid price-
CurrencyGBX
Price updated08/12/2016
TypeIncome
Institutional or retail classRetail
Domicile-
Citi codeDQA2
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