Fact sheet: LV= Jupiter Merlin Growth Pfl Pn

Fund information
Fund name
LV= Jupiter Merlin Growth Portfolio Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • John Chatfeild-Robertssince 29/04/1997
  • Algy Smith-Maxwellsince 29/09/1999
Underlying fund
Jupiter Merlin Growth Ptfl
Fund objective
To achieve long-term capital growth by investing predominantly in unit trusts, OEICs, Exchange Traded Funds and other collective investment schemes across several management groups. The underlying funds invest in international equities, fixed interest stocks, commodities and property, with a core in the UK.The fund objective was changed with effect from 17th July 2006.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
12.2%
1 Year rank in sector
150/422
Sector
PN Flexible Investment
Yield
-
Fund size
£5m (£3m 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.
79
Bid price
205.4
Offer price
216.2
Top in this sector
Fund name1 Year
Aviva Variable Annuity CU Pn27.3%
FL Thrdndl Gbl Eq Inc XE/IE Pn22.8%
Scot Eq UBS Stockmkt Mgd Pn22.2%
FL Spicers Adventurous Pn22%
Aegon Mrc Divfd Gth Pn21.9%
...more in PN Flexible Investment

Performance snapshot

Holdings snapshot

  • UK30.5%
    USA29.9%
    International23.5%
    Europe10%
    Japan5.8%
  • Financials94.9%
    Others4.7%
    Money Market0.4%
  • UK Equities30.5%
    US Equities29.9%
    International Equities19.1%
    European Equities10%
    Japanese Equities5.8%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.3%-0.3%9.7%12.2%29.9%59.5%
Sector-0.8%-0.8%7.6%10.2%22.8%51.7%
Rank within sector319 / 485263 / 472209 / 464150 / 42272 / 309124 / 246
Quartile3rd3rd2nd2nd1st3rd
Calendar performance
 YTD - 20162015201420132012
Fund10.7%6.5%7.3%17.8%7.8%
Sector10.2%2.5%6.7%14.8%10.5%
Rank within sector208 / 43040 / 335114 / 309146 / 266216 / 249
Quartile2nd1st2nd3rd4th
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.
0.53
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.
1.26
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.
0.65
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%.
8.97
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.
3.01
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.
0.72
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.
0.93
Price movement
52 week high216.8
52 week low167.7
Current bid price205.4
Current offer price216.2
Current mid price-
Region
1UK30.47%
2USA29.91%
3International23.54%
4Europe10%
5Japan5.8%
6Money Market0.28%
Industry sector
1Financials94.9%
2Others4.7%
3Money Market0.4%
Asset type
1UK Equities30.47%
2US Equities29.91%
3International Equities19.15%
4European Equities10%
5Japanese Equities5.8%
6Others4.39%
7Money Market0.28%
Individual holdings
No data available.
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
To achieve long-term capital growth by investing predominantly in unit trusts, OEICs, Exchange Traded Funds and other collective investment schemes across several management groups. The underlying funds invest in international equities, fixed interest stocks, commodities and property, with a core in the UK.The fund objective was changed with effect from 17th July 2006.
Benchmark
  • No Specified Index
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
John Chatfeild-Roberts29/04/1997John joined Jupiter in 2001 and is currently Head of Strategy, Independent Funds. During his time at Jupiter John has established the award-winning Jupiter Independent Funds Team, which continues to manage the Jupiter Merlin Portfolios. John was appointed as Jupiter’s Chief Investment Officer in 2010. He stood down from this role in September 2015 to focus on running the portfolios. John is also a Director of Jupiter Fund Management PLC. John started his fund management career at Henderson's and also worked at Lazard Asset Management. He is a Fellow of the Chartered Institute for Securities and Investment.
Algy Smith-Maxwell29/09/1999Algy Smith-Maxwell joined Jupiter in 2001 and is currently a fund manager in the Jupiter Independent Funds Team, which is responsible for managing the Jupiter Merlin Portfolios. Before joining Jupiter, Algy started his career in 1995 as a fund analyst for Henderson's before becoming a fund manager for Lazard Asset Management in 1999.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Jupiter Merlin Growth Portfolio Pn
Initial charge-
Annual charge1.5%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)2.49%
Bid price176.8
Offer price186.2
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeAWH0
LV= Jupiter Merlin Growth Portfolio Pn S2
Initial charge-
Annual charge0.75%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.74%
Bid price205.4
Offer price216.2
Mid price-
CurrencyGBX
Price updated02/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2S4
Data provided by

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