Fact sheet: LV= F&C MM Lfstyl Foundation Pn

Fund information
Fund name
LV= F&C MM Lifestyle Foundation Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Robert Burdettsince 01/04/2011
  • Gary Pottersince 01/04/2011
Underlying fund
F&C MM Lifestyle Foundation
Fund objective
The Lifestyle Foundation risk profile matching portfolio will invest in cash, government and corporate bonds with the balance split between exposure to a range of equities and an allocation to property, all primarily through collective investment schemes. The Fund may also hold transferable securities, money market instruments, and may use derivatives for investment purposes to increase, maintain and reduce its investment exposures.
Benchmark
No data available.
Investment style
Cautious
Investment method
Mixed
Quick stats
1 Year return
8.4%
1 Year rank in sector
101/154
Sector
PN Mixed Investment 0%-35% Shares
Yield
-
Fund size
£0m
Bid price
103
Offer price
108.4
Top in this sector
Fund name1 Year
Aegon Balanced PassiveLS 2023Pn21.8%
Aegon BalancedPassiveLSPn21.7%
Aegon Balanced PassiveLS 2022Pn20.1%
Aegon BAQ 30/70 Equ &Bd Ix Pn19.5%
Aegon Balanced PassiveLS 2021Pn18.9%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK44.3%
    Money Market14.4%
    Not Specified14.3%
    International13.4%
    North America5.5%
  • No data available.
  • UK Corporate Fixed Interest20.9%
    Money Market14.4%
    UK Equities11.8%
    UK Gilts11.6%
    Global Fixed Interest11.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%2.2%2.1%8.4%--
Sector0.4%2.4%2.4%12.3%24.3%39.6%
Rank within sector126 / 175112 / 17598 / 171101 / 154--
Quartile3rd3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.5%5.8%---
Sector1.9%12.5%2.3%7.6%5.6%
Rank within sector61 / 173115 / 144---
Quartile2nd4th
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.
-
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.
-
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.
-
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%.
-
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.
-
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.
-
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.
-
Price movement
52 week high103.5
52 week low94.5
Current bid price103
Current offer price108.4
Current mid price-
Region
1UK44.3%
2Money Market14.4%
3Not Specified14.3%
4International13.4%
5North America5.5%
6Japan3.9%
7Pacific ex-Japan3.2%
8Europe1%
Industry sector
No data available.
Asset type
1UK Corporate Fixed Interest20.9%
2Money Market14.4%
3UK Equities11.8%
4UK Gilts11.6%
5Global Fixed Interest11.4%
6Global Index Linked6.1%
7North American Equities5.5%
8Property5.1%
9Japanese Equities3.9%
Individual holdings
1ROYAL LONDON STERLING CREDIT FUND7%
2ISHARES UK GILTS 0-5YR UCITS ETF6.7%
3ISHARES £ INDEX-LINKED GILTS6.1%
4HENDERSON STRATEGIC BOND I ACC5.5%
5INVESCO PERPETUAL TACTICAL BOND FUND5%
6ISHARES CORE UK GILTS UCITS ETF EUR4.9%
7M&G GLOBAL MACRO BOND FUND4.5%
8LEGG MASON WESTERN ASSET MACRO OPPORTUNITIES BOND FUND4%
9BLACKROCK ASSET MANAGEMENT IRELAND3.2%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The Lifestyle Foundation risk profile matching portfolio will invest in cash, government and corporate bonds with the balance split between exposure to a range of equities and an allocation to property, all primarily through collective investment schemes. The Fund may also hold transferable securities, money market instruments, and may use derivatives for investment purposes to increase, maintain and reduce its investment exposures.
Benchmark
No data available.
Investment style
Cautious
Investment method
Mixed
Fund managers
NameSinceBiography
Robert Burdett01/04/2011Rob is co-head of the F&C multi-manager team. He shares responsibility for the performance of the team’s portfolios with Gary Potter and leads research teams for UK, Japan and European equities. Rob joined the group in 2007. Prior to this he was at Credit Suisse from 2001, being jointly responsible with Gary Potter for their multi-manager funds. Prior to that he was at Rothschild Asset Management where he was a main board director and jointly responsible for their multi-manager business. Rob began his career in stockbroking in 1985, moving into multi-manager field in 1991. He is a chartered fellow of the Chartered Institute for Securities & Investment and holds their diploma.
Gary Potter01/04/2011Gary is co-head of the F&C multi-manager team. He shares overall responsibility for the performance of the team’s portfolios with Rob Burdett and leads research teams for UK income, US, Asia and emerging market equities. Gary joined the group in 2007. Prior to this he was at Credit Suisse from 2001, jointly responsible with Rob Burdett for their multi-manager funds. He joined from Rothschild Asset Management Limited, where he was a main board director and was jointly responsible for their multi-manager business. Gary began his career in 1981 in private client fund management where his responsibilities extended to a specific focus on asset allocation and stock research. He moved into the multi-manager field in 1992. Gary is a member of the Chartered Institute for Securities & Investment.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= F&C MM Lifestyle Foundation Pn S2
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price103
Offer price108.4
Mid price-
CurrencyGBX
Price updated26/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWWK
Data provided by

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