Fact sheet: LV= F&C MM Lifestyle Growth Pn

Fund information
Fund name
LV= F&C MM Lifestyle Growth 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 Growth
Fund objective
The Lifestyle Growth risk profile matching portfolio will invest approximately half the portfolio in UK equities with the balance split between the major international markets and emerging markets with an allocation to UK corporate bonds and a small allocation to property primarily through collective investment schemes. The Fund may also hold transferable securities, money market instruments and may use derivatives to increase, maintain, and reduce its investment exposures
Benchmark
No data available.
Investment style
Flexible
Investment method
None
Quick stats
1 Year return
18.5%
1 Year rank in sector
226/400
Sector
PN Flexible Investment
Yield
-
Fund size
£0m
Bid price
115.4
Offer price
121.5
Top in this sector
Fund name1 Year
Baillie Gifford International PP33.9%
OMW IPL F&CUK EqLkd GiltPn33.4%
OMW M&G Managed Growth31.4%
Scot Eq UBS Stockmkt Mgd Pn30.7%
Pru Ex-DSF InvesPerp MgdGth Pn29.8%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • UK32.7%
    Pacific ex-Japan18.5%
    Global Emerging Markets17.7%
    Japan6.6%
    North America6.4%
  • No data available.
  • UK Equities32.7%
    Asia Pacific ex Japan Equities18.5%
    Global Emerging Market Equities17.7%
    Japanese Equities6.6%
    North American Equities6.4%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.7%3.4%3.7%18.5%--
Sector0.4%3.1%3.5%16%28.5%55.9%
Rank within sector424 / 445244 / 444250 / 423226 / 400--
Quartile4th3rd3rd3rd
Calendar performance
 YTD - 20172016201520142013
Fund5.6%13.5%---
Sector3.3%14.2%2.5%6.7%14.8%
Rank within sector46 / 426256 / 386---
Quartile1st3rd
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 high117.2
52 week low94
Current bid price115.4
Current offer price121.5
Current mid price-
Region
1UK32.7%
2Pacific ex-Japan18.5%
3Global Emerging Markets17.7%
4Japan6.6%
5North America6.4%
6Others5.6%
7Europe4.1%
8Not Specified4.1%
9Money Market2.2%
Industry sector
No data available.
Asset type
1UK Equities32.7%
2Asia Pacific ex Japan Equities18.5%
3Global Emerging Market Equities17.7%
4Japanese Equities6.6%
5North American Equities6.4%
6Europe ex UK Equities4.1%
7Property4.1%
8Hedge3.3%
9UK Corporate Fixed Interest2.3%
Individual holdings
1F&C FTSE ALL-SHARE TRACKER FUND7.2%
2HERMES GLOBAL EMERGING MARKETS F ACC CHF6.2%
3MAJEDIE UK INCOME A6.2%
4MAN GLG UNDERVALUED ASSETS FUND6.1%
5TT INTERNATIONAL EMERGING MARKETS UNCONSTRAINED B16.1%
6BGF ASIAN GROWTH LEADERS FUND5.8%
7BLACKROCK EMERGING MARKETS EQUITY TRACKER L5.5%
8RIVER AND MERCANTILE UK EQUITY INCOME FUND5.2%
9HERMES ASIA EX-JAPAN EQUITY FUND5.1%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The Lifestyle Growth risk profile matching portfolio will invest approximately half the portfolio in UK equities with the balance split between the major international markets and emerging markets with an allocation to UK corporate bonds and a small allocation to property primarily through collective investment schemes. The Fund may also hold transferable securities, money market instruments and may use derivatives to increase, maintain, and reduce its investment exposures
Benchmark
No data available.
Investment style
Flexible
Investment method
None
Fund managers
NameSinceBiography
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.
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.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= F&C MM Lifestyle Growth 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 price115.4
Offer price121.5
Mid price-
CurrencyGBX
Price updated25/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWWL
Data provided by

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