Fact sheet: LV= Fidelity MulAss All BalPn

Fund information
Fund name
LV= Fidelity Multi Asset Allocator Balanced Pn 2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Nick Peterssince 31/01/2015
  • Kevin O' Nolansince 31/01/2015
Underlying fund
Fidelity MulAs All Str
Fund objective
The Fund aims to provide long term capital growth through a balanced portfolio providing global exposure to both lower and higher risk assets. The Fund will primarily invest into index tracking funds (which may include funds managed by Fidelity) with the aim of pursuing a lower cost investment approach. The Fund can also invest directly into transferable securities, other collective investment schemes, money market instruments, cash and deposits, and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed and is typically allocated as follows: 50% lower risk assets (such as debt instruments e.g. bonds and cash) and 50% higher risk assets (including equities, commodities & property securities). The Fund’s asset allocation between lower and higher risk assets can be tactically adjusted as follows in order to preserve capital or take advantage of market opportunities: 30-70% lower risk assets and 30-70% higher risk assets.
Benchmark
No data available.
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
12.2%
1 Year rank in sector
271/490
Sector
PN Mixed Investment 20%-60% Shares
Yield
-
Fund size
£3m (£2m 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.
52
Bid price
128.3
Offer price
135
Top in this sector
Fund name1 Year
OMW IPL F&C UKEq LnkInflPn41.3%
OMW IPL F&COs EqLnkUKInflPn35.1%
AXA Wealth TEAMS cl Gvn ptfl VPn26.8%
OMW IPL F&C Os EqLkUK GltPn26.6%
AXA Wealth TEAMS cl Gvn ptfl IVPn25.3%
...more in PN Mixed Investment 20%-60% Shares

Performance snapshot

Holdings snapshot

  • UK54.4%
    Money Market18.1%
    Not Specified11.1%
    North America7.3%
    Europe ex UK2.9%
  • Equities33.2%
    Fixed Interest32.9%
    Others25.8%
    Commodity & Energy14%
    Property1.9%
  • UK Equities21.6%
    Money Market19.5%
    Commodity & Energy18.9%
    UK Fixed Interest12.9%
    North American Equities12.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.5%-0.2%1.9%12.2%22.4%-
Sector0.3%2.7%3.2%13%21.7%38.9%
Rank within sector492 / 529522 / 522424 / 519271 / 490150 / 407-
Quartile4th4th4th3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund-0.2%14.5%-0.4%7.6%5.8%
Sector2.3%11.8%1.3%6%8.3%
Rank within sector520 / 522102 / 459344 / 42366 / 397327 / 380
Quartile4th1st4th1st4th
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.
0.69
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.
0.95
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.
0.61
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%.
5.54
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.
2.21
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.
0.16
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.
0.84
Price movement
52 week high130.7
52 week low113.7
Current bid price128.3
Current offer price135
Current mid price-
Region
1UK54.36%
2Money Market18.14%
3Not Specified11.13%
4North America7.34%
5Europe ex UK2.93%
6Global Emerging Markets2.57%
7Japan2.01%
8Pacific ex-Japan1.43%
9International0.1%
Industry sector
1Equities33.2%
2Fixed Interest32.93%
3Others25.83%
4Commodity & Energy14.02%
5Property1.94%
6Derivatives-7.92%
Asset type
1UK Equities21.64%
2Money Market19.48%
3Commodity & Energy18.87%
4UK Fixed Interest12.9%
5North American Equities12.52%
6Property6.82%
7Europe ex UK Equities4.4%
8Others4.02%
9Global Emerging Market Equities3.3%
Individual holdings
1LEGAL & GENL AL STK GLT INX FN27.37%
2FIDELITY INDEX UK FUND F ACCUMULATION SHARES17.43%
3FIDELITY CASH FUND Y ACCUMULATION SHARES13.57%
4BLOOMBERG COMMODITY INDEX_CFD10.8%
5AMEX INDU SELECT SECTOR INDEX_FUT7.02%
6FIDELITY INDEX US FUND F ACCUMULATION SHARES6.99%
7BLACKROCK UK CREDIT BD INDX FD5.89%
8EURO STOXX 50 INDEX_FUT5.82%
9AMEX ENERGY SELECT INDEX_FUT5.78%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to provide long term capital growth through a balanced portfolio providing global exposure to both lower and higher risk assets. The Fund will primarily invest into index tracking funds (which may include funds managed by Fidelity) with the aim of pursuing a lower cost investment approach. The Fund can also invest directly into transferable securities, other collective investment schemes, money market instruments, cash and deposits, and is also able to use derivatives for efficient portfolio management and investment purposes. Asset allocation exposure of the Fund will be actively managed and is typically allocated as follows: 50% lower risk assets (such as debt instruments e.g. bonds and cash) and 50% higher risk assets (including equities, commodities & property securities). The Fund’s asset allocation between lower and higher risk assets can be tactically adjusted as follows in order to preserve capital or take advantage of market opportunities: 30-70% lower risk assets and 30-70% higher risk assets.
Benchmark
No data available.
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Nick Peters31/01/2015<<AUTOMATED>>
Kevin O' Nolan31/01/2015Kevin O’Nolan is a Portfolio Manager in Fidelity Solutions. He joined Fidelity in 2008 as an Asset Allocation Analyst. During his time at Fidelity he has worked as a key member of Fidelity Solutions’ Tactical Asset Allocation team. In January 2015, Kevin O’Nolan became the lead portfolio manager on all five of our risk profiled Multi Asset Allocator funds. He was also appointed co-portfolio manager to 4 of our risk profiled Multi Asset growth range of funds and our two Global Multi Asset Tactical funds. Kevin’s deep understanding of the full range of market dynamics makes a significant contribution to our TAA process and views. Kevin holds a BA (Hons) in Management Science and Information Systems Studies from Trinity College, Dublin and an MSc in Investment Management from Cass Business School, London. He is also a CFA Charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Fidelity Multi Asset Allocator Balanced Pn 2
Initial charge-
Annual charge0.28%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)0.28%
Bid price128.3
Offer price135
Mid price-
CurrencyGBX
Price updated27/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGR4O
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