Fact sheet: LV= M&G North Am Div Pn

Fund information
Fund name
LV= M&G North American Dividend Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Stuart Rhodessince 27/04/2015
  • John Weaverssince 27/04/2015
Underlying fund
M&G Nth Am Div
Fund objective
The fund aims to maximise total return (the combination of capital growth and income) whilst aiming to grow distributions over the long term, by investing mainly in North American equities and across all sectors and market capitalisations. The fund may also invest in transferable securities issued by companies which are listed, registered or trading within North America and in collective investment schemes.
Benchmark
  • S & P 500 Composite
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
34.4%
1 Year rank in sector
41/309
Sector
PN North America
Yield
-
Fund size
£2m (£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.
108
Bid price
297.7
Offer price
313.4
Top in this sector
Fund name1 Year
BlackRock Aq Lf Canadn EqIdx Pn46.5%
Canlife North American Pn43.7%
FL Investec American AP42.9%
Zurich Investec American Pn41.9%
FL Investec American EP41.4%
...more in PN North America

Performance snapshot

Holdings snapshot

  • USA86.4%
    Canada10.7%
    Money Market2.9%
  • Information Technology21.4%
    Health Care16.4%
    Consumer Discretionary13.3%
    Financials12.9%
    Consumer Staples11.1%
  • US Equities86.4%
    Canadian Equities10.7%
    Money Market2.9%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund1.7%10.1%23.4%34.4%59.7%123.7%
Sector4%8.6%21.7%27.3%60.1%118.6%
Rank within sector283 / 32187 / 321117 / 32041 / 309171 / 296130 / 269
Quartile4th2nd2nd1st3rd2nd
Calendar performance
 YTD - 20162015201420132012
Fund34%-0.5%17.6%27.6%10.5%
Sector26.6%4.4%18.7%29.2%7%
Rank within sector40 / 309285 / 304220 / 296222 / 28424 / 271
Quartile1st4th3rd4th1st
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.
-0.24
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.
1.05
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.
1.07
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%.
12.65
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.
3.79
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.
0.1
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.
0.91
Price movement
52 week high304.1
52 week low200.6
Current bid price297.7
Current offer price313.4
Current mid price-
Region
1USA86.44%
2Canada10.69%
3Money Market2.87%
Industry sector
1Information Technology21.35%
2Health Care16.37%
3Consumer Discretionary13.27%
4Financials12.94%
5Consumer Staples11.09%
6Energy10.69%
7Materials8.55%
8Industrials2.87%
9Money Market2.87%
Asset type
1US Equities86.44%
2Canadian Equities10.69%
3Money Market2.87%
Individual holdings
1REYNOLDS AMERICAN INC7.24%
2METHANEX CORP6.31%
3UNITEDHEALTH GROUP INC6.16%
4MICROSOFT CORP4.98%
5BROADCOM CORP4.68%
6LAS VEGAS SANDS CORP4.49%
7PEMBINA PIPELINE CORP3.97%
8MEDTRONIC INC3.96%
9MASTERCARD INC3.71%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The fund aims to maximise total return (the combination of capital growth and income) whilst aiming to grow distributions over the long term, by investing mainly in North American equities and across all sectors and market capitalisations. The fund may also invest in transferable securities issued by companies which are listed, registered or trading within North America and in collective investment schemes.
Benchmark
  • S & P 500 Composite
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Stuart Rhodes27/04/2015Stuart Rhodes has been the manager of the M&G Global Dividend Fund since its launch in July 2008. He was appointed deputy manager of the M&G North American Dividend Fund in April 2015. Stuart joined M&G in 2004 as a global equity analyst after graduating from Bath University with a degree in business administration. He is a CFA charterholder.
John Weavers27/04/2015John Weavers has been the manager of the M&G North American Dividend Fund since April 2015. In January 2016, he was appointed deputy fund manager of the M&G Global Dividend Fund before being joined by Alex Araujo as co-deputy fund manager in April 2016. Prior to April 2015, John was deputy manager of the M&G Pan European Dividend Fund and the M&G Dividend Fund for two years. John joined M&G as a graduate in 2007 and worked as an analyst in the Equity Research team before joining the Income team in January 2012. He graduated from Oxford University with an honours degree in politics, philosophy and economics and is a CFA charterholder.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= M&G North American Dividend Pn
Initial charge-
Annual charge1.3%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.46%
Bid price273.2
Offer price287.6
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeCYF9
LV= M&G North American Dividend 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)0.91%
Bid price297.7
Offer price313.4
Mid price-
CurrencyGBX
Price updated06/12/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeF2W8
Data provided by

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