Fact sheet: LV= Balanced Index Pn

Fund information
Fund name
LV= Balanced Index Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund manager
No data available.
Underlying fund
SSgA MPF Balanced Consensus Idx Pn
Fund objective
The sub-Fund invests with the aim of achieving a benchmark allocation of 80% in the Global Equity 50/50 Index sub Fund; 6% in the UK Conventional Gilts All Stocks Index sub-Fund; 6% in the Sterling Non-Gilts Bond All Stocks Index sub-Fund; 3% in the UK Index Linked Gilts All Stocks Index sub-Fund and 5% in the Sterling Liquidity sub-Fund.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
18%
1 Year rank in sector
157/863
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£303m (£236m 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.
72
Bid price
211.2
Offer price
222.3
Top in this sector
Fund name1 Year
Scot Eq Ext Bal Coll (ex MLC) Pn25.9%
BlackRock LGIM Oseas Consn Idx Pn25.7%
Scot Eq Sequel Adven Jrny Pn24.6%
Scot Eq Sequel Adventurous Pn24.6%
Ret Adv Cirilium Dynamic Pn23.3%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • Not Specified49%
    Europe ex UK13.4%
    North America13.4%
    Asia Pacific ex Japan6.6%
    Japan6.6%
  • No data available.
  • UK Equities39.9%
    Europe ex UK Equities13.4%
    North American Equities13.4%
    Asia Pacific ex Japan Equities6.6%
    Japanese Equities6.6%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.4%2.2%3.5%18%31.5%64.7%
Sector-0.4%2.5%2.9%14.9%26%51.9%
Rank within sector811 / 903510 / 903290 / 891157 / 863116 / 71089 / 616
Quartile4th3rd2nd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2.4%19.3%2.9%5.5%16.3%
Sector2.7%14.3%2.2%5.7%13.1%
Rank within sector569 / 89270 / 794261 / 747286 / 690157 / 663
Quartile3rd1st2nd2nd1st
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.
-0.2
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.
1.27
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.
0.79
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%.
9.03
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.
2.31
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.
0.84
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.
0.98
Price movement
52 week high216.7
52 week low172
Current bid price211.2
Current offer price222.3
Current mid price-
Region
1Not Specified49%
2Europe ex UK13.42%
3North America13.38%
4Asia Pacific ex Japan6.63%
5Japan6.58%
6Money Market6.02%
7International4.98%
Industry sector
No data available.
Asset type
1UK Equities39.93%
2Europe ex UK Equities13.42%
3North American Equities13.38%
4Asia Pacific ex Japan Equities6.63%
5Japanese Equities6.58%
6UK Gilts6.03%
7Money Market6.02%
8Global Fixed Interest4.98%
9Global Index Linked3.04%
Individual holdings
No data available.
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The sub-Fund invests with the aim of achieving a benchmark allocation of 80% in the Global Equity 50/50 Index sub Fund; 6% in the UK Conventional Gilts All Stocks Index sub-Fund; 6% in the Sterling Non-Gilts Bond All Stocks Index sub-Fund; 3% in the UK Index Linked Gilts All Stocks Index sub-Fund and 5% in the Sterling Liquidity sub-Fund.
Benchmark
No data available.
Investment style
No data available.
Investment method
No data available.
Fund manager
No data available.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Balanced Index Pn S2
Initial charge-
Annual charge0.13%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.13%
Bid price211.2
Offer price222.3
Mid price-
CurrencyGBX
Price updated21/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeFDA5
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.