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
  • Gary Pottersince 01/04/2011
  • Robert Burdettsince 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
8.1%
1 Year rank in sector
97/154
Sector
PN Mixed Investment 0%-35% Shares
Yield
-
Fund size
£0m
Bid price
102.7
Offer price
108.1
Top in this sector
Fund name1 Year
Aegon Balanced PassiveLS 2023Pn22.7%
Aegon BalancedPassiveLSPn22.6%
Aegon Balanced PassiveLS 2022Pn20.5%
Pru Dynamic Growth ll Pn19.4%
Aegon BAQ 30/70 Equ &Bd Ix Pn18.4%
...more in PN Mixed Investment 0%-35% Shares

Performance snapshot

Holdings snapshot

  • UK51%
    Not Specified15%
    International14%
    Money Market10%
    North America6%
  • No data available.
  • UK Corporate Fixed Interest23%
    UK Equities14%
    UK Gilts14%
    Money Market10%
    Global Fixed Interest9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.4%2.2%2.7%8.1%--
Sector0.2%1.7%1.9%11.9%24.3%38.4%
Rank within sector72 / 17755 / 17529 / 17197 / 154--
Quartile2nd2nd1st3rd
Calendar performance
 YTD - 20172016201520142013
Fund2.2%5.8%---
Sector1.5%12.5%2.3%7.6%5.6%
Rank within sector40 / 175115 / 144---
Quartile1st4th
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 high102.9
52 week low94.5
Current bid price102.7
Current offer price108.1
Current mid price-
Region
1UK51%
2Not Specified15%
3International14%
4Money Market10%
5North America6%
6Europe2%
7Japan2%
Industry sector
No data available.
Asset type
1UK Corporate Fixed Interest23%
2UK Equities14%
3UK Gilts14%
4Money Market10%
5Global Fixed Interest9%
6Property8%
7Global Index Linked7%
8North American Equities6%
9Global High Yield Fixed Interest5%
Individual holdings
1ISHARES UK GILTS 0-5YR UCITS ETF6.6%
2ISHARES CORE UK GILTS UCITS ETF EUR5.9%
3ROYAL LONDON STERLING CREDIT FUND5.5%
4INVESCO STERLING BOND FUND4.7%
5M&G GLOBAL MACRO BOND FUND4.5%
6FIDELITY STRATEGIC BOND FUND4.3%
7HENDERSON STRATEGIC BOND I ACC4.3%
8LEGG MASON WESTERN ASSET MACRO OPPORTUNITIES BOND FUND4.3%
9BLACKROCK ASSET MANAGEMENT IRELAND3.5%
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
Gary Potter01/04/2011Gary Potter joined the Group in August 2007 to establish Thames River Multi-Capital, our multi-manager business which runs a range of funds of funds products including the F&C Lifestyle risk-rated funds. He was at Credit Suisse from 2001, jointly responsible with Robert Burdett for their Multi-Manager funds. He joined with three colleagues from Rothschild Asset Management Limited (RAM), where he was a main board director, jointly responsible for their Multi-Manager business. His investment experience commenced in 1981 in private client fund management where responsibilities extended to a specific focus on asset allocation and stock research, moving into the multi-manager field in 1992. He is a member of the Securities Institute.
Robert Burdett01/04/2011Robert Burdett joined the Group in August 2007 to establish Thames River Multi-Capital, our multi-manager business which runs a range of funds of funds products including the F&C Lifestyle risk-rated funds. Prior to this he was at Credit Suisse from 2001 jointly responsible with Gary Potter for their Multi-Manager Funds. Previously he was at Rothschild Asset Management Limited (RAM) where he was a main board director and jointly responsible for their Multi-Manager business. His investment experience commenced in stockbroking in 1985, moving into the multi-manager field in 1991. He holds a diploma from the Securities Institute.
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 price102.7
Offer price108.1
Mid price-
CurrencyGBX
Price updated28/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWWK
Data provided by

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