Fact sheet: LV= Fidelity Multi Ass All Gth Pn

Fund information
Fund name
LV= Fidelity Multi Asset Allocator Growth Pn 2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Kevin O' Nolansince 31/01/2015
  • Nick Peterssince 31/01/2015
Underlying fund
Fidelity Ml Ast All Gr
Fund objective
Aims to provide long-term growth. Invests mostly in a range of global assets providing exposure to company shares, commodities and property. Invests primarily in funds, including those managed by Fidelity. It is anticipated that the fund will mainly invest in index tracking funds with the aim of pursuing a lower cost investment approach. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure.
Benchmark
No data available.
Investment style
Growth
Investment method
Equity, Fixed Interest, Commodity/Energy, Property, Structured Products
Quick stats
1 Year return
13.7%
1 Year rank in sector
138/794
Sector
PN Mixed Investment 40%-85% 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.
69
Bid price
133.1
Offer price
140.1
Top in this sector
Fund name1 Year
BlackRock LGIM Oseas Consn Idx Pn23.2%
Scot Eq Ext Bal Coll (ex MLC) Pn22%
FL My Ftr Adv Gth XE/IE Pn21.6%
FL My Ftr Advantage Gth Pn21.3%
Scot Eq Caerus Pfl DRP 4 Pn20.5%
...more in PN Mixed Investment 40%-85% Shares

Performance snapshot

Holdings snapshot

  • UK31.7%
    Not Specified21.8%
    Money Market19.4%
    North America11.2%
    International4.5%
  • No data available.
  • UK Equities21%
    Money Market19.4%
    Commodity & Energy18.8%
    North American Equities11.2%
    UK Fixed Interest10.7%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-0.9%2.5%10.8%13.7%21.6%-
Sector-2.2%-0.5%9.1%10.3%20.2%49.6%
Rank within sector80 / 91241 / 912331 / 894138 / 794264 / 691-
Quartile1st1st2nd1st2nd
Calendar performance
 YTD - 20162015201420132012
Fund14.4%-0.9%6.3%10.1%-
Sector10.6%2.2%5.7%13.1%9.9%
Rank within sector109 / 800679 / 753189 / 692585 / 661-
Quartile1st4th2nd4th
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.
0.26
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.
0.96
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.
0.46
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%.
7.25
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.
2.72
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.
-0.02
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.
0.86
Price movement
52 week high136.8
52 week low107.2
Current bid price133.1
Current offer price140.1
Current mid price-
Region
1UK31.71%
2Not Specified21.85%
3Money Market19.37%
4North America11.2%
5International4.48%
6Europe ex UK4.3%
7Global Emerging Markets3.33%
8Japan2.35%
9Pacific ex-Japan1.42%
Industry sector
No data available.
Asset type
1UK Equities21%
2Money Market19.37%
3Commodity & Energy18.79%
4North American Equities11.2%
5UK Fixed Interest10.71%
6Others7.15%
7Property5.71%
8Global Fixed Interest4.48%
9Europe ex UK Equities4.3%
Individual holdings
1FIDELITY INDEX UK F21%
2FIDELITY INDEX US F12.16%
3ILF US DOLLAR FUND DIS C11.25%
4FIDELITY GROSS ACCUMULATING CASH A GBP8.12%
5BLACKROCK GLOBAL PROPERTY SECURITIES EQUITY TRACKER L ACC5.5%
6L&G ALL STOCKS GILT INDEX TRUST M ACC4.68%
7ISHARES $ TIPS UCITS ETF GBP4.48%
8ISHARES $ TIPS UCITS ETF GBP4.48%
9FIDELITY INDEX EUROPE EX UK F ACC4.3%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
Aims to provide long-term growth. Invests mostly in a range of global assets providing exposure to company shares, commodities and property. Invests primarily in funds, including those managed by Fidelity. It is anticipated that the fund will mainly invest in index tracking funds with the aim of pursuing a lower cost investment approach. Has the freedom to invest outside the fund's principal geographies, market sectors, industries or asset classes. Can use derivatives with the aim of risk or cost reduction or to generate additional capital or income in line with the fund's risk profile. May also make extensive use of derivatives including more complex instruments or strategies to achieve the investment objective and these may result in leverage. In such situations performance may rise or fall more than it would have done otherwise, reflecting such additional exposure.
Benchmark
No data available.
Investment style
Growth
Investment method
Equity, Fixed Interest, Commodity/Energy, Property, Structured Products
Fund managers
NameSinceBiography
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.
Nick Peters31/01/2015Nick Peters is Portfolio Manager in the Investment Solutions Group. Nick has 20 years of industry experience and joined Fidelity in 2012. Prior to joining Fidelity, Nick was a member of the multi-manager team at Barclays Wealth, responsible for UK and European Equities. He joined Barclays in 2010 from BAE Systems Pension Fund where he was responsible for the fund's external managers across asset classes. Prior to joining BAE Systems in 2009, Nick was an Equity Portfolio Manager at Henderson Global Investors. He was a Director within the Multi Strategy Equity team. He joined AMP Asset Management (which later merged with Henderson) in 1993. Nick holds a BA (Hons) in Economics and Statistics from Exeter University and is a Fellow of the Institute of Chartered Accountants in England & Wales (ICAEW).
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Fidelity Multi Asset Allocator Growth 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 price133.1
Offer price140.1
Mid price-
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGR4Q
Data provided by

The Content is only for your general information and use and is not intended to address your particular requirements. The Content does not constitute any form of advice, recommendation or arrangement by Moneywise and is not intended to be relied upon by you in making (or refraining from making) any specific investment or other decisions. Appropriate independent advice should be obtained before making any such decision.

This information is sourced from our partner Financial Express. We believe the data to be correct however you should take care in using any information.

You should be aware that prices may fall as well as rise and that the income derived can go down as well as up. When buying or selling any investment that fluctuates in price or value you may get back less than you invested. Past performance is not necessarily a guide to future performance.