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
  • Robert Burdettsince 31/03/2011
  • Gary Pottersince 31/03/2011
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
Aggressive
Investment method
Mixed
Quick stats
1 Year return
10.8%
1 Year rank in sector
287/422
Sector
PN Flexible Investment
Yield
-
Fund size
£0m (£0m last year)
Bid price
105.3
Offer price
110.8
Top in this sector
Fund name1 Year
Scot Eq UBS Stockmkt Mgd Pn28.6%
Aviva Variable Annuity CU Pn27.3%
FL Spicers Adventurous Pn25.6%
Aegon Mrc Divfd Gth Pn25.2%
OMW IPL F&CUK EqLkd GiltPn24.9%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • UK40%
    Global Emerging Markets17%
    Pacific ex-Japan16%
    North America7%
    Europe5%
  • No data available.
  • UK Equities35%
    Global Emerging Market Equities17%
    Asia Pacific ex Japan Equities16%
    North American Equities7%
    European Equities5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-2.4%-1.1%8%10.8%--
Sector0.1%0.2%8.6%12%24.6%53.7%
Rank within sector457 / 485379 / 472327 / 464287 / 422--
Quartile4th4th3rd3rd
Calendar performance
 YTD - 20162015201420132012
Fund9.3%----
Sector11.7%2.5%6.7%14.8%10.5%
Rank within sector332 / 430----
Quartile4th
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 high111.3
52 week low86.9
Current bid price105.3
Current offer price110.8
Current mid price-
Region
1UK40%
2Global Emerging Markets17%
3Pacific ex-Japan16%
4North America7%
5Europe5%
6International5%
7Japan5%
8Not Specified5%
Industry sector
No data available.
Asset type
1UK Equities35%
2Global Emerging Market Equities17%
3Asia Pacific ex Japan Equities16%
4North American Equities7%
5European Equities5%
6Global High Yield Fixed Interest5%
7Japanese Equities5%
8Property5%
9UK Corporate Fixed Interest5%
Individual holdings
1F&C FTSE ALL-SHARE TRACKER FUND7.5%
2BGF ASIAN GROWTH LEADERS FUND5.8%
3HERMES GLOBAL EMERGING MARKETS F ACC CHF5.7%
4BLACKROCK EMERGING MARKETS EQUITY TRACKER L5.5%
5HERMES ASIA EX-JAPAN EQUITY FUND5.1%
6MAJEDIE UK INCOME A5.1%
7MAN GLG UNDERVALUED ASSETS FUND4.9%
8FRANKLIN UK OPPORTUNITIES FUND4.5%
9RIVER AND MERCANTILE UK EQUITY INCOME FUND4.5%
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
Aggressive
Investment method
Mixed
Fund managers
NameSinceBiography
Robert Burdett31/03/2011Robert 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.
Gary Potter31/03/2011Gary 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.
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 price105.3
Offer price110.8
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeMWWL
Data provided by

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