Fact sheet: LGIM AAA-AAFxIntO15YrTgDuPMCPn

Fund information
Fund name
LGIM AAA-AA Fixed Interest Over 15 Year Targeted Duration PMC Pn G25
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund manager
  • Helen Stuartsince 13/05/2004
No data available.
Fund objective
To produce sterling total returns in line with the FTSE A Government (Over 15 Year) Index (including re-invested income) and capture the yield spread over gilts of AAA-rated dated corporate fixed interest securities.
Benchmark
  • FTSE-A Government (Over 15 Year) Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.2%
1 Year rank in sector
73/117
Sector
PN Sterling Long Bonds
Yield
-
Fund size
£9m (£8m 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.
96
Bid price
2424.1
Offer price
2424.1
Top in this sector
Fund name1 Year
Ignis Standard Lg Gilt Pn25.5%
Stan Life L&G Ov15Yr IL GltIdx Pn23.6%
Pru Sup Lg Idx Lkd Pn16.4%
M&G PP Super Long Index Linked Pn16.3%
OMW M&G PP Lg Dted Corp Bd Pn15.7%
...more in PN Sterling Long Bonds

Performance snapshot

Holdings snapshot

  • Others31.6%
    UK30.7%
    Germany12.7%
    France8.9%
    USA7.7%
  • Fixed Interest35.9%
    Others31.2%
    Government Agency Bonds22.5%
    Government Bonds9%
    Banks1.1%
  • UK Fixed Interest68.5%
    UK Gilts31.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-4%-11.1%1.8%12.2%40.9%47.5%
Sector-3.3%-10.1%4%13%38.2%45.1%
Rank within sector87 / 11757 / 119104 / 11873 / 11751 / 10531 / 92
Quartile3rd2nd4th3rd2nd2nd
Calendar performance
 YTD - 20162015201420132012
Fund13.3%0.6%22.9%-3.1%6.4%
Sector14.2%0%21.3%-4.3%6.5%
Rank within sector83 / 11818 / 11056 / 10537 / 10030 / 92
Quartile3rd1st3rd2nd2nd
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.
-0.28
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.
1.09
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.
0.67
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%.
12.11
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.
2.33
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.
0.23
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.
0.97
Price movement
52 week high2801.8
52 week low2130.8
Current bid price2424.1
Current offer price2424.1
Current mid price-
Region
1Others31.63%
2UK30.68%
3Germany12.69%
4France8.93%
5USA7.71%
6Jersey3.91%
7Singapore2.12%
8Netherlands1.14%
9Belgium0.8%
Industry sector
1Fixed Interest35.94%
2Others31.16%
3Government Agency Bonds22.51%
4Government Bonds9.02%
5Banks1.14%
6Financials0.23%
Asset type
1UK Fixed Interest68.47%
2UK Gilts31.53%
Individual holdings
1SNCF RESEAU 5.000 11/03/525.88%
2EIB 4.625 '54 GBP5.07%
3LCRFIN 4.5 C '38 GBP4.98%
4KREDITANSTALT FUER WIEDERAUFBAU KFW 4.875% BDS 15/03/37 GBP10004.92%
5UKRAIL 4.75 '35 GBP4.89%
6TENNESSEE VALLEY AUTHORITY 4.625% BDS 7/6/43 GBP10004.86%
7EIB 4.5 '44 GBP4.77%
8KREDITANSTALT FUER WIEDERAUFBAU KFW 5% BDS 9/6/2036 GBP10004.67%
9EIB 5 '39 GBP4.54%
Management
Fund manager group
Legal & General
Fund manager company
Legal & General Assurance Soc
Fund type
Pension Fund
Fund objective
To produce sterling total returns in line with the FTSE A Government (Over 15 Year) Index (including re-invested income) and capture the yield spread over gilts of AAA-rated dated corporate fixed interest securities.
Benchmark
  • FTSE-A Government (Over 15 Year) Index
Investment style
No data available.
Investment method
No data available.
Fund manager
NameSinceBiography
Helen Stuart13/05/2004Helen is a Fund Manager, Index Funds within the bond team. Helen focuses on the UK government and corporate bond funds. Helen joined LGIM in 1985, initially as a Performance Analyst in Managed Funds. She then spent six years in the client administration team before joining Index Funds in 1994. Helen was originally responsible for maintaining the UK equity fund management system and overseeing client portfolio weightings. She then moved into the growing index bond funds area in 1996, becoming a fund manager in 2001. Helen has a first class BSc (Hons) degree in Mathematics from the Open University.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LGIM AAA-AA Fixed Interest Over 15 Year Targeted Duration PMC Pn 3
Initial charge-
Annual charge0.12%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.12%
Bid price245.4
Offer price245.4
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNDE6
LGIM AAA-AA Fixed Interest Over 15 Year Targeted Duration PMC Pn G17
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price247.1
Offer price247.1
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeEJY6
LGIM AAA-AA Fixed Interest Over 15 Year Targeted Duration PMC Pn G25
Initial charge-
Annual charge0.2%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.2%
Bid price2424.1
Offer price2424.1
Mid price-
CurrencyGBX
Price updated07/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAMC9
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.