Fact sheet: LV= Investec MAP Pn

Fund information
Fund name
LV= Investec MAP Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Iain Cunninghamsince 01/07/2016
  • Philip Saunderssince 06/07/2012
Underlying fund
Investec Multi Ass Prot 2
Fund objective
Aims to grow the value of the investment over the long term and provide protection (the minimum amount investors can expect to get back from their investment) at 80% of the Fund’s highest ever share price. The Fund invests around the world in a wide range of investments. These include shares of companies; bonds; property; commodities; cash; and other eligible asset classes. Investment may be directly in the assets themselves (excluding property and commodities) or indirectly through other funds (up to 100%) or derivatives. The Fund may invest more than 35% of its assets in securities issued or guaranteed by an EEA state. The Fund may be invested up to 100% in cash.
Benchmark
No data available.
Investment style
Balanced
Investment method
No data available.
Quick stats
1 Year return
12.8%
1 Year rank in sector
6/71
Sector
PN Protected/Guaranteed
Yield
-
Fund size
£1m (£1m 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.
41
Bid price
112.5
Offer price
118.4
Top in this sector
Fund name1 Year
SW PM Protection Pn15.7%
SLOC Confederation Staffguard Pn15.3%
MetLife Protected Growth 70 Pn15.1%
Ret Adv Multi Ass Prot (MAP) Pn13%
Ret Adv TRA Inv Mul-Ass Pr Pn12.9%
...more in PN Protected/Guaranteed

Performance snapshot

Holdings snapshot

  • UK60.5%
    Money Market20.1%
    Global Emerging Markets8.6%
    Europe5.7%
    USA2.8%
  • No data available.
  • Money Market20.1%
    US Equities18.9%
    US Fixed Interest15.3%
    Global Emerging Market Fixed Interest10.5%
    UK Equities9.2%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.1%2%3.6%12.8%--
Sector-0.4%0.8%1.1%4.7%8.7%16.7%
Rank within sector18 / 7115 / 715 / 716 / 71--
Quartile2nd1st1st1st
Calendar performance
 YTD - 20172016201520142013
Fund2.6%8.9%1.9%--
Sector0.9%4.4%0.4%3.1%4.6%
Rank within sector11 / 7114 / 7013 / 64--
Quartile1st1st1st
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 high112.9
52 week low98
Current bid price112.5
Current offer price118.4
Current mid price-
Region
1UK60.5%
2Money Market20.1%
3Global Emerging Markets8.6%
4Europe5.7%
5USA2.8%
6Asia Pacific ex Japan2%
7Japan0.3%
Industry sector
No data available.
Asset type
1Money Market20.1%
2US Equities18.9%
3US Fixed Interest15.3%
4Global Emerging Market Fixed Interest10.5%
5UK Equities9.2%
6Japanese Equities6.2%
7Property5.1%
8Global Emerging Market Equities3.7%
9European Equities3.6%
Individual holdings
1GSF GLOBAL ENDURANCE EQUITY S ACC GROSS USD7.5%
2UNITED STATES TREASURY NOTE/BO 2.875 NOV 15 465.6%
3ISHARES MSCI JAPAN UCITS ETF5.1%
4ISHARES MSCI WORLD UCITS ETF(DIST)4.1%
5ISHARES MSCI WORLD UCITS ETF INC GBP4%
6ISHARES MSCI WORLD UCITS ETF INC GBP4%
7ISHARES USD TREASURY BOND 20+Y4%
8VANGUARD S&P 500 UCITS ETF GBP4%
9INVESTEC OEIC DIV INCOME FUND I GBP3.8%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
Aims to grow the value of the investment over the long term and provide protection (the minimum amount investors can expect to get back from their investment) at 80% of the Fund’s highest ever share price. The Fund invests around the world in a wide range of investments. These include shares of companies; bonds; property; commodities; cash; and other eligible asset classes. Investment may be directly in the assets themselves (excluding property and commodities) or indirectly through other funds (up to 100%) or derivatives. The Fund may invest more than 35% of its assets in securities issued or guaranteed by an EEA state. The Fund may be invested up to 100% in cash.
Benchmark
No data available.
Investment style
Balanced
Investment method
No data available.
Fund managers
NameSinceBiography
Iain Cunningham01/07/2016Iain Cunningham is responsible for the management of a number of multi-asset mandates that are principally focused on income and dynamic asset allocation. He specialises in currency and commodity research and is Head of the Currency Risk Premia group within Strategic Investment Group Multi-Asset (SIGMA). He joined Schroders in 2007, is a CFA Charterholder and holds a Masters in Economics and Finance and a Bachelors in Economics from Loughborough University.
Philip Saunders06/07/2012Philip is co-head of Multi-Asset at Investec Asset Management. After a period managing retail marketing and sales, he assumed responsibility for establishing Investec Asset Management’s multi-manager business which is now combined with the firm’s global multi-asset activity. In 1987, he became a founding director of Guinness Flight Global Asset Management (which was acquired by Investec Asset Management in 1998) and led its successful Global Fixed Income team. Prior to that, Philip trained as an investment analyst at Guinness Mahon & Co Limited assuming responsibility for the company’s managed currency funds in 1984. He graduated from Cambridge University with a degree in History in 1980.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Investec MAP Pn S2
Initial charge-
Annual charge0.8%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.31%
Bid price112.5
Offer price118.4
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeKAIF
Data provided by

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