Fact sheet: LV= Scdr MM Dvrsty Bln Pn

Fund information
Fund name
LV= Schroder MM Diversity Balanced Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Robin McDonaldsince 01/04/2012
  • Marcus Brookessince 01/04/2012
Underlying fund
Schroder MM Dvrsty Bln
Fund objective
The fund aims to provide capital growth and income. The fund invests in a diversified multi-asset portfolio of funds that invest in shares and bonds of companies in the UK and worldwide, government bonds and other fixed income securities. The fund may also invest directly in shares, bonds and money market instruments and hold cash and foreign currency on deposit. The fund may gain exposure to alternative asset classes including real estate, commodities, hedge funds, structured products and private equity. Investments are selected after rigorous assessment of each underlying fund's portfolio, its fund manager's style and how investments are made over the economic cycle. The fund may invest in any economic sector. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
Equity, Fixed Interest, Money Market
Quick stats
1 Year return
11.6%
1 Year rank in sector
365/794
Sector
PN Mixed Investment 40%-85% Shares
Yield
-
Fund size
£5m (£4m 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.
57
Bid price
136.1
Offer price
143.3
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

  • Not Specified23.6%
    Money Market22.4%
    Japan14.4%
    International12.3%
    Europe12.1%
  • No data available.
  • Money Market22.4%
    Hedge17.4%
    Japanese Equities14.4%
    International Equities12.3%
    Europe ex UK Equities12.1%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-1.6%2.8%11%11.6%17.7%-
Sector-2.2%-0.5%9.1%10.3%20.2%49.6%
Rank within sector239 / 91229 / 912258 / 894365 / 794500 / 691-
Quartile2nd1st2nd2nd3rd
Calendar performance
 YTD - 20162015201420132012
Fund11.3%3.1%2%18.8%-
Sector10.6%2.2%5.7%13.1%9.9%
Rank within sector433 / 800235 / 753643 / 69258 / 661-
Quartile3rd2nd4th1st
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.
1.01
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.
0.73
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.
0.44
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%.
5.69
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.
3.19
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.
-0.25
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.
0.8
Price movement
52 week high138.3
52 week low114.7
Current bid price136.1
Current offer price143.3
Current mid price-
Region
1Not Specified23.6%
2Money Market22.4%
3Japan14.4%
4International12.3%
5Europe12.1%
6UK10.1%
7Asia Pacific ex Japan2.5%
8Global Emerging Markets1.6%
9USA1%
Industry sector
No data available.
Asset type
1Money Market22.4%
2Hedge17.4%
3Japanese Equities14.4%
4International Equities12.3%
5Europe ex UK Equities12.1%
6UK Equities10.1%
7Commodity & Energy5.7%
8Asia Pacific ex Japan Equities2.5%
9Global Emerging Market Equities1.6%
Individual holdings
1SCHRODER STERLING LIQUIDITY PLUS I ACC17.89%
2GLG JAPAN CORE ALPHA D PROFESSIONAL INC9.71%
3GAM GLOBAL DIVERSIFIED INST ACC9.17%
4MAJEDIE TORTOISE G GBP8.18%
5INVESCO PERPETUAL EUROPEAN EQUITY NO TRAIL ACC6.06%
6THESIS TM SANDITON EUROPEAN F ACC5.95%
7GLG JAPAN COREALPHA EQUITY I H GBP4.75%
8MORG STNLY DIVERSIFIED ALPHA PLUS ZH GBP3.53%
9JOHCM GLOBAL OPPORTUNITIES X GBP3.11%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The fund aims to provide capital growth and income. The fund invests in a diversified multi-asset portfolio of funds that invest in shares and bonds of companies in the UK and worldwide, government bonds and other fixed income securities. The fund may also invest directly in shares, bonds and money market instruments and hold cash and foreign currency on deposit. The fund may gain exposure to alternative asset classes including real estate, commodities, hedge funds, structured products and private equity. Investments are selected after rigorous assessment of each underlying fund's portfolio, its fund manager's style and how investments are made over the economic cycle. The fund may invest in any economic sector. Derivatives may be used to reduce risk or manage the fund more efficiently.
Benchmark
  • IA Mixed Investment 40% - 85% Shares
Investment style
Balanced
Investment method
Equity, Fixed Interest, Money Market
Fund managers
NameSinceBiography
Robin McDonald01/04/2012Robin McDonald joined Cazenove in October 2007. He is Co-Manager of Cazenove's Multi-Manager range of funds. Prior to joining Cazenove, Robin worked as an Analyst at Gartmore Investment Management, where his responsibilities included asset allocation, fund selection and portfolio construction. Prior to joining Gartmore, Robin held a similar position at Insight Investment, following its acquisition of Rothschild Asset Management in 2003. Robin is a Director of Cazenove Capital and has 13 years investment experience and is a CFA charterholder.
Marcus Brookes01/04/2012Marcus Brookes, Head of Multi-Manager, joined Schroders in July 2013 following the acquisition of Cazenove Capital. Previous to the acquisition he was the Head of Multi Manager at Cazenove Capital, which he joined in January 2008. Prior to this Marcus was the Deputy Head of Multi Manager at Gartmore, a position he held from November 2004. Up to this time he spent 3.5 years from May 2001 as the Co-Manager of Multi Manager, at Rothschild Asset Management. Marcus began his career on 28 September 1994 when he joined Friends, Ivory and Sime, where he became the Multi Manager Fund Manager. Marcus qualified from University of Stirling with MSc. Investment Analysis.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Schroder MM Diversity Balanced Pn S2
Initial charge-
Annual charge0.4%
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)1.24%
Bid price136.1
Offer price143.3
Mid price-
CurrencyGBX
Price updated30/11/2016
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeGVUS
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.