Fact sheet: LV= Schdr Asian Inc Maximiser Pn

Fund information
Fund name
LV= Schroder Asian Income Maximiser Pn S2
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund managers
  • Mike Hodgsonsince 26/07/2016
  • Richard Sennittsince 01/06/2010
Underlying fund
Schroder Asian Income Maxim
Fund objective
The Fund aims to provide income and capital growth by investing in equity and equity related securities of Asian companies, excluding Japan.
Benchmark
  • MSCI AC Pacific ex Japan
Investment style
No data available.
Investment method
Shares
Quick stats
1 Year return
24.1%
1 Year rank in sector
183/218
Sector
PN Asia Pacific Excluding Japan
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.
96
Bid price
147.5
Offer price
155.3
Top in this sector
Fund name1 Year
SL SLI Indian Eq Midcap Opps Pn58.4%
FL Invesco Perp Asian Pn43.6%
FL Invesco Perpetual Asian AP43.1%
Aviva Invesco Perpetual Asian Pn42.9%
Aviva Invsc Prptul AsnPn42.2%
...more in PN Asia Pacific Excluding Japan

Performance snapshot

Holdings snapshot

  • Hong Kong21.5%
    Australia19.4%
    Taiwan16.2%
    Singapore12%
    China12%
  • Financials19.8%
    Information Technology18.9%
    Telecommunications Utilities13.6%
    Real Estate13%
    Materials10.8%
  • Hong Kong Equities21.5%
    Australian Equities19.4%
    Taiwanese Equities16.2%
    Singapore Equities12%
    Chinese Equities12%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund-3.7%0.2%1%24.1%39.3%57.9%
Sector-3.6%3.4%2.2%27.8%41.1%54.5%
Rank within sector109 / 224219 / 224157 / 223183 / 218104 / 20378 / 191
Quartile2nd4th3rd4th3rd2nd
Calendar performance
 YTD - 20172016201520142013
Fund5%28.1%-2.4%9.6%-1.4%
Sector7.8%27%-3.6%8.3%0.7%
Rank within sector215 / 224104 / 21667 / 21471 / 203148 / 200
Quartile4th2nd2nd2nd3rd
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.
2
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.
0.8
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.
0.85
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%.
11.61
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.
4.04
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.
-0.14
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.
0.94
Price movement
52 week high153.9
52 week low110.3
Current bid price147.5
Current offer price155.3
Current mid price-
Region
1Hong Kong21.47%
2Australia19.37%
3Taiwan16.15%
4Singapore12.05%
5China12.02%
6Korea9.41%
7Thailand4.94%
8Money Market2.56%
9UK2.11%
Industry sector
1Financials19.76%
2Information Technology18.86%
3Telecommunications Utilities13.57%
4Real Estate12.98%
5Materials10.83%
6Consumer Discretionary8.71%
7Industrials7.08%
8Energy4.88%
9Money Market2.56%
Asset type
1Hong Kong Equities21.47%
2Australian Equities19.37%
3Taiwanese Equities16.15%
4Singapore Equities12.05%
5Chinese Equities12.02%
6South Korean Equities9.41%
7Thai Equities4.94%
8Money Market2.56%
9UK Equities2.11%
Individual holdings
1TAIWAN SEMICONDUCTOR MANUFACTURING5.75%
2SAMSUNG ELECTRONICS CO3.4%
3HSBC HLDGS3.31%
4CHINA PETROLEUM & CHEMICAL CORP2.9%
5HON HAI PRECISION INDUSTRY2.71%
6HKT TRUST AND HKT LTD SHARE STAPLED UNIT2.44%
7LG CHEM2.42%
8CHINA MOBILE LTD2.41%
9BOC HONG KONG(HLDGS)2.31%
Management
Fund manager group
LVFS
Fund manager company
LVFS Ltd
Fund type
Pension Fund
Fund objective
The Fund aims to provide income and capital growth by investing in equity and equity related securities of Asian companies, excluding Japan.
Benchmark
  • MSCI AC Pacific ex Japan
Investment style
No data available.
Investment method
Shares
Fund managers
NameSinceBiography
Mike Hodgson26/07/2016Mike Hodgson is Head of Risk Managed Investments & Structuring at Schroders and has over 25 years of experience in financial markets. At Royal Bank of Scotland (formerly of ABN AMRO) he was Global Head of Equity Derivatives Structuring and Head of Fund Derivatives Trading and Structuring.
Richard Sennitt01/06/2010Richard Sennitt joined Schroders in 1993, initially as an Analyst on the Japanese Desk, before moving onto the Pacific Basin team at the start of 1997. Since then he has had a broad exposure to the emerging and developed Pacific markets as a regional Fund Manager managing money for UK and North American clients.
Compliance
No data available.
Domicile
No data available.
Fund for sale in
United Kingdom
LV= Schroder Asian Income Maximiser 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)0.96%
Bid price147.5
Offer price155.3
Mid price-
CurrencyGBX
Price updated20/04/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi code0N6Z
Data provided by

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