Fact sheet: LV= LM MCAsia Pac Pn

Fund information
Fund name
LV= Legg Mason MC Asia Pacific Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Paul Danessince 31/03/2013
  • Andrew Grahamsince 30/03/2011
Underlying fund
Legg Mason IFMCAsPa
Fund objective
The objective of this Fund is to achieve long-term capital growth through investment in the Asia Pacific region, excluding Japan.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
No data available.
Investment method
No data available.
Quick stats
1 Year return
49.1%
1 Year rank in sector
68/223
Sector
PN Asia Pacific Excluding Japan
Yield
-
Fund size
£1m (£0m 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.
120
Bid price
236.8
Offer price
249.2
Top in this sector
Fund name1 Year
SL SLI Indian Eq Midcap Opps Pn69%
FL Invesco Perp Asian Pn67.3%
FL Invesco Perpetual Asian AP66.3%
FL GM Asia Pac ExJapan Eq Pn66.2%
SIP Inv Perp Asian Pn65.3%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • China29.2%
    Korea16.1%
    Australia13.8%
    Hong Kong10%
    Taiwan9%
  • Information Technology27.5%
    Financials25.8%
    Consumer Discretionary14.9%
    Industrials7.3%
    Telecommunications Utilities5.7%
  • Chinese Equities29.2%
    South Korean Equities16.1%
    Australian Equities13.8%
    Hong Kong Equities10%
    Taiwanese Equities9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund2.7%10.7%8.9%49.1%47.2%48.4%
Sector2.2%9.6%8.6%45.7%47.6%52.5%
Rank within sector92 / 23069 / 230109 / 22468 / 223101 / 209134 / 193
Quartile2nd2nd2nd2nd2nd3rd
Calendar performance
 YTD - 20172016201520142013
Fund7.9%27.6%-0.5%3.6%-2.1%
Sector7.7%27%-3.6%8.3%0.7%
Rank within sector110 / 230112 / 22248 / 220177 / 209160 / 206
Quartile2nd3rd1st4th4th
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.
-0.04
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
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.
0.66
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%.
14.73
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.
3.93
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.
-0.01
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.
0.92
Price movement
52 week high236.1
52 week low161.4
Current bid price236.8
Current offer price249.2
Current mid price-
Region
1China29.19%
2Korea16.14%
3Australia13.8%
4Hong Kong9.98%
5Taiwan9%
6India8.39%
7Singapore6.27%
8Thailand1.98%
9Indonesia1.92%
Industry sector
1Information Technology27.48%
2Financials25.79%
3Consumer Discretionary14.9%
4Industrials7.34%
5Telecommunications Utilities5.7%
6Materials5.17%
7Consumer Staples4.97%
8Real Estate3.79%
9Energy2.52%
Asset type
1Chinese Equities29.19%
2South Korean Equities16.14%
3Australian Equities13.8%
4Hong Kong Equities9.98%
5Taiwanese Equities9%
6Indian Equities8.39%
7Singapore Equities6.27%
8Thai Equities1.98%
9Indonesian Equities1.92%
Individual holdings
1SAMSUNG ELECTRONICS CO6.12%
2TAIWAN SEMICONDUCTOR MANUFACTURING5.74%
3TENCENT HLDGS LTD5.6%
4AIA GROUP LTD4.83%
5AUSTRALIA (COMMONWEALTH BANK OF)4.53%
6CHINA CONSTRUCTION BANK3.46%
7ALIBABA GROUP HLDG LTD3.42%
8MACQUARIE GROUP LTD3.05%
9CHINA MOBILE LTD3.01%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The objective of this Fund is to achieve long-term capital growth through investment in the Asia Pacific region, excluding Japan.
Benchmark
  • MSCI AC Asia Pacific ex Japan
Investment style
No data available.
Investment method
No data available.
Fund managers
NameSinceBiography
Paul Danes31/03/2013Paul is the co-manager of our Asia portfolios, including the Martin Currie Asia Pacific and Asia Long-Term Unconstrained funds. He joined Martin Currie in 2007, initially working with our Japan team before joining the Asia team in 2011. In 2012, Paul moved to Singapore as chief executive officer of our Asian subsidiary, Martin Currie Asia Pte Ltd, where, in addition to his portfolio-management duties, he conducts local research for Asian markets. Before joining Martin Currie, Paul held portfolio-management roles with Nordea Investment Funds in Luxembourg and Deutsche Asset Management in London and Tokyo.
Andrew Graham30/03/2011Andrew joined Martin Currie in 2010 and heads our Asia team. He is lead manager of the Martin Currie Asia Pacific and Asia Long-Term Unconstrained funds alongside the Martin Currie Pacific Trust. He joined us from Sofaer Global Research, bringing with him over 20 years’ experience of managing Asia-Pacific equities. At Sofaer, where he was a partner, Andrew managed the company’s Japan absolute return fund and co-managed its Pacific-region absolute return fund. Prior to this he spent five years as senior vice president at Putnam Investments, where he co-managed its International Capital Opportunities Fund, focusing particularly on the Asia-Pacific region. Earlier in his career Andrew held portfolio management roles at both Scottish Widows Investment Partnership and Kemper Investment Management.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Legg Mason MC Asia Pacific Pn
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.59%
Bid price188.2
Offer price198.1
Mid price-
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCWQ2
LV= Legg Mason MC Asia Pacific 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)1.04%
Bid price236.8
Offer price249.2
Mid price-
CurrencyGBX
Price updated17/02/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2X0
Data provided by

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